Civic Intelligence

French-American Chamber of Commerce Houston Inc

990 • Fiscal year 2016 • EIN 74-2203667

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 10, 2017

777 Post Oak Blvd Suite 600Houston, TX 77056-3203

(713) 985-3280

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.15x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.12x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

94th percentile

38%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

90th percentile

50%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

98th percentile

144%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$167,620

Up $56,057 (+50%) from 2015

Net Assets

Up

$142,050

Up $80,715 (+132%) from 2015

Liabilities

Down

$25,570

Down $24,658 (-49%) from 2015

Revenue

Up

$212,368

Up $125,235 (+144%) from 2015

Expenses

Up

$131,653

Up $34,655 (+36%) from 2015

Net Income

Up

$80,715

Up $90,580 (+918%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $49,531Liabilities 2010: $0Net Assets 2010: $49,5312010Assets 2011: $51,432Liabilities 2011: $0Net Assets 2011: $51,4322011Assets 2012: $35,096Liabilities 2012: $0Net Assets 2012: $35,0962012Assets 2013: $42,393Liabilities 2013: $275Net Assets 2013: $42,1182013Assets 2014: $75,711Liabilities 2014: $4,511Net Assets 2014: $71,2002014Assets 2015: $111,563Liabilities 2015: $50,228Net Assets 2015: $61,3352015Assets 2016: $167,620Liabilities 2016: $25,570Net Assets 2016: $142,0502016Assets 2017: $256,672Liabilities 2017: $51,282Net Assets 2017: $205,3902017Assets 2018: $330,091Liabilities 2018: $37,200Net Assets 2018: $292,8912018Assets 2019: $394,018Liabilities 2019: $32,379Net Assets 2019: $361,6392019Assets 2020: $319,135Liabilities 2020: $60,975Net Assets 2020: $258,1602020Assets 2021: $438,860Liabilities 2021: $127,823Net Assets 2021: $311,0372021Assets 2022: $385,191Liabilities 2022: $78Net Assets 2022: $385,1132022Assets 2023: $488,652Liabilities 2023: $110,536Net Assets 2023: $378,1162023Assets 2024: $566,595Liabilities 2024: $184,285Net Assets 2024: $382,3102024

Highlighted filing

2016

Assets$167,620
Liabilities$25,570
Net Assets$142,050

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $106,8962010Expenses 2011: $90,9662011Expenses 2012: $78,6952012Revenue 2013: $88,176Expenses 2013: $81,154Net Income 2013: $7,0222013Revenue 2014: $133,062Expenses 2014: $103,980Net Income 2014: $29,0822014Revenue 2015: $87,133Expenses 2015: $96,998Net Income 2015: -$9,8652015Revenue 2016: $212,368Expenses 2016: $131,653Net Income 2016: $80,7152016Revenue 2017: $242,875Expenses 2017: $179,535Net Income 2017: $63,3402017Revenue 2018: $234,434Expenses 2018: $146,936Net Income 2018: $87,4982018Revenue 2019: $434,527Expenses 2019: $365,779Net Income 2019: $68,7482019Revenue 2020: $211,529Expenses 2020: $315,008Net Income 2020: -$103,4792020Revenue 2021: $553,075Expenses 2021: $500,797Net Income 2021: $52,2782021Revenue 2022: $796,669Expenses 2022: $722,594Net Income 2022: $74,0752022Revenue 2023: $1,370,145Expenses 2023: $1,377,142Net Income 2023: -$6,9972023Revenue 2024: $1,477,675Expenses 2024: $1,472,678Net Income 2024: $4,9972024

Highlighted filing

2016

Revenue$212,368
Expenses$131,653
Net Income$80,715
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 10, 2017
Return Version
2016v3.0
Gross Receipts
$212,368
Mission and Program Overview

Mission

Business league in the Houston,Texas area for promoting and developing commercial and financial relations between France and The United States.

Business league in the houston, texas area for promoting and developing commercial and financial relations between france and the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$111,435$167,553▲ $56,118
Land, Buildings, and Equipment, Net$128$67▼ $61
Total Assets$111,563$167,620▲ $56,057
Liabilities
Accounts Payable and Accrued Expenses$50,228$25,570▼ $24,658
Total Liabilities$50,228$25,570▼ $24,658
Net Assets / Fund Balance
Unrestricted Net Assets$61,335$142,050▲ $80,715
Total Net Assets Fund Balance$61,335$142,050▲ $80,715
Total Liabilities and Net Assets / Fund Balance$111,563$167,620▲ $56,057

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$67$1,394$1,461
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$93,336
Investment Income
$0
Other Revenue
$119,032
Change in Net Assets
$80,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,463
Total Fundraising Expense$58,038
Salaries, Compensation, and Employee Benefits$42,190
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$23,400$7,800$7,800$39,000
Occupancy-$17,085$16,884$33,969
Conferences and Meetings$10,522$277-$10,799
Office Expenses-$6,122-$6,122
Fees for Services Accounting-$4,140-$4,140
Payroll Taxes$1,914$638$638$3,190
Insurance-$1,169$349$1,518
All Other Expenses-$120$1,386$1,506
Other Expenses--$1,345$1,345
Advertising--$703$703
Travel-$368-$368
Depreciation Depletion$60--$60
Total Functional Expenses$35,896$37,719$58,038$131,653
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$102,112
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Soiree Beaujola$102,112$102,112-$102,112
Total Events$102,112$102,112-$102,112
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Election of directors, any actions required by law, and any action which may be taken by members is voted by active, councillor, life and associate members at annual or special meetings.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 15A

The compensation of the executive director is determined by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Compensation of employees, other than the executive director, is approved by the board of directors through the annual budget approval process.

Form 990, Page 6, Part VI, Line 19

Governing documents of the chamber are available upon request from the executive director.

Filing and Contact Details

Filer

Filer Name
French-american Chamber
EIN
74-2203667
Phone
7139853280
Address
777 POST OAK BLVD SUITE 600, HOUSTON, TX 77056-3203

Signing Officer

Name
Geoffroy Petit
Title
President
Phone
7139853280
Signed
2017-03-10
Discuss with paid preparer
Yes

Organization Details

Formed
1980
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
18
Employees
2

Preparer

Firm
Peter V Conlan Pc Cpas
Address
5373 WEST ALABAMA SUITE 209, HOUSTON, TX 77056-5923
Preparer
Peter V Conlan
Phone
7138401094
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers includes the directors, officers and committees that organize and and manage the program functions and fund raising events.

Raw XML AppendixShowing 400 of 413 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherRevenueMiscGrp/Desc1ADVERTISING
IRS990/OtherRevenueMiscGrp/ExclusionAmt011400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15520
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt05520
IRS990/OtherRevenueTotalAmt016920
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07800
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07800
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt023400
IRS990/OtherSalariesAndWagesGrp/TotalAmt039000
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0638
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0638
IRS990/PayrollTaxesGrp/ProgramServicesAmt01914
IRS990/PayrollTaxesGrp/TotalAmt03190
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1TRADE SERVICES - REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LUNCHEONS AND MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc3MEMBERS ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/ExclusionAmt054325
IRS990/ProgramServiceRevenueGrp/ExclusionAmt123007
IRS990/ProgramServiceRevenueGrp/ExclusionAmt211154
IRS990/ProgramServiceRevenueGrp/ExclusionAmt34850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt054325
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123007
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34850
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt050223
IRS990/PYOtherRevenueAmt022621
IRS990/PYProgramServiceRevenueAmt064512
IRS990/PYRevenuesLessExpensesAmt0-9865
IRS990/PYSalariesCompEmpBnftPaidAmt046775
IRS990/PYTotalExpensesAmt096998
IRS990/PYTotalRevenueAmt087133
IRS990/ReconcilationRevenueExpnssAmt080715
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt093336
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt067
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01394
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01461
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SOIREE BEAUJOLA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0102112
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0102112
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0102112
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0102112
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0102112
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS INCLUDES THE DIRECTORS, OFFICERS AND COMMITTEES THAT ORGANIZE AND AND MANAGE THE PROGRAM FUNCTIONS AND FUND RAISING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF DIRECTORS, ANY ACTIONS REQUIRED BY LAW, AND ANY ACTION WHICH MAY BE TAKEN BY MEMBERS IS VOTED BY ACTIVE, COUNCILLOR, LIFE AND ASSOCIATE MEMBERS AT ANNUAL OR SPECIAL MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF EMPLOYEES, OTHER THAN THE EXECUTIVE DIRECTOR, IS APPROVED BY THE BOARD OF DIRECTORS THROUGH THE ANNUAL BUDGET APPROVAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS OF THE CHAMBER ARE AVAILABLE UPON REQUEST FROM THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0111563
IRS990/TotalAssetsEOYAmt0167620
IRS990/TotalAssetsGrp/BOYAmt0111563
IRS990/TotalAssetsGrp/EOYAmt0167620
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt058038
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037719
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt035896
IRS990/TotalFunctionalExpensesGrp/TotalAmt0131653
IRS990/TotalGrossUBIAmt05520
IRS990/TotalLiabilitiesBOYAmt050228
IRS990/TotalLiabilitiesEOYAmt025570
IRS990/TotalLiabilitiesGrp/BOYAmt050228
IRS990/TotalLiabilitiesGrp/EOYAmt025570
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt061335
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0142050
IRS990/TotalProgramServiceExpensesAmt035896
IRS990/TotalProgramServiceRevenueAmt093336
IRS990/TotalRevenueGrp/ExclusionAmt0206848
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0212368
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt05520
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0111563
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0167620
IRS990/TravelGrp/ManagementAndGeneralAmt0368
IRS990/TravelGrp/TotalAmt0368
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt061335
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0142050
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.FACCHOUSTON.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEOFFROY PETIT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07139853280
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRENCH-AMERICAN CHAMBER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF COMMERCE - HOUSTON INC
ReturnHeader/Filer/BusinessNameControlTxt0FREN
ReturnHeader/Filer/EIN0742203667
ReturnHeader/Filer/PhoneNum07139853280
ReturnHeader/Filer/USAddress/AddressLine1Txt0777 POST OAK BLVD SUITE 600
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0770563203
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D09D6947E38CF3DD0AA267757705AD809D10BB2B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AC269E47B8929BD0FEF3541376A378CF5A49F40F
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760324910

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.18$0.38$1.48$1.47$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.11$0.38$1.37$1.38$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.80$0.72$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.13$0.31$0.55$0.50$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.06$0.26$0.21$0.32$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.03$0.36$0.43$0.37$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.04$0.29$0.23$0.15$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.05$0.21$0.24$0.18$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.14$0.21$0.13$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.05$0.06$0.09$0.10$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.07$0.13$0.10$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.09$0.08$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.11