Civic Intelligence

Foundation Communities Inc.

990 • Fiscal year 2010 • EIN 74-2563260

Jan 01, 2010 to Dec 31, 2010 • Filed on Mar 12, 2012

3036 South First St78704
Siviq Scores

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

Liabilities / Assets

40th percentile

0.30x

Higher debt load relative to assets than 40% of similar nonprofits.

2010 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$50,737,296

No earlier filing loaded for comparison.

Net Assets

$35,746,963

No earlier filing loaded for comparison.

Liabilities

$14,990,333

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$5,729,332

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $50,737,296Liabilities 2010: $14,990,333Net Assets 2010: $35,746,9632010Assets 2011: $57,164,131Liabilities 2011: $14,552,444Net Assets 2011: $42,611,6872011Assets 2012: $63,838,013Liabilities 2012: $12,032,917Net Assets 2012: $51,805,0962012Assets 2013: $81,500,065Liabilities 2013: $20,893,722Net Assets 2013: $60,606,3432013Assets 2014: $96,791,730Liabilities 2014: $27,849,655Net Assets 2014: $68,942,0752014Assets 2015: $112,711,216Liabilities 2015: $35,975,295Net Assets 2015: $76,735,9212015Assets 2016: $130,360,420Liabilities 2016: $39,244,197Net Assets 2016: $91,116,2232016Assets 2017: $137,390,680Liabilities 2017: $36,980,410Net Assets 2017: $100,410,2702017Assets 2018: $152,011,224Liabilities 2018: $50,743,520Net Assets 2018: $101,267,7042018Assets 2019: $165,457,290Liabilities 2019: $49,412,086Net Assets 2019: $116,045,2042019Assets 2020: $182,366,315Liabilities 2020: $57,906,399Net Assets 2020: $124,459,9162020Assets 2021: $201,792,213Liabilities 2021: $58,761,633Net Assets 2021: $143,030,5802021Assets 2022: $222,576,163Liabilities 2022: $62,423,994Net Assets 2022: $160,152,1692022Assets 2023: $236,619,309Liabilities 2023: $65,442,895Net Assets 2023: $171,176,4142023Assets 2024: $262,878,362Liabilities 2024: $75,807,567Net Assets 2024: $187,070,7952024

Highlighted filing

2010

Assets$50,737,296
Liabilities$14,990,333
Net Assets$35,746,963

Operations Trend

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

$60M$40M$20M$0Expenses 2010: $5,729,3322010Revenue 2011: $12,737,792Expenses 2011: $5,873,068Net Income 2011: $6,864,7242011Expenses 2012: $7,444,3512012Revenue 2013: $12,512,653Expenses 2013: $10,319,406Net Income 2013: $2,193,2472013Revenue 2014: $20,166,242Expenses 2014: $11,830,510Net Income 2014: $8,335,7322014Revenue 2015: $21,258,060Expenses 2015: $13,464,214Net Income 2015: $7,793,8462015Revenue 2016: $28,647,038Expenses 2016: $14,266,736Net Income 2016: $14,380,3022016Revenue 2017: $25,096,298Expenses 2017: $15,802,251Net Income 2017: $9,294,0472017Revenue 2018: $18,146,351Expenses 2018: $17,288,917Net Income 2018: $857,4342018Revenue 2019: $35,381,833Expenses 2019: $20,604,333Net Income 2019: $14,777,5002019Revenue 2020: $31,007,217Expenses 2020: $22,592,505Net Income 2020: $8,414,7122020Revenue 2021: $44,085,347Expenses 2021: $25,514,683Net Income 2021: $18,570,6642021Revenue 2022: $44,338,510Expenses 2022: $27,216,921Net Income 2022: $17,121,5892022Revenue 2023: $41,254,625Expenses 2023: $30,230,380Net Income 2023: $11,024,2452023Revenue 2024: $50,038,857Expenses 2024: $34,144,476Net Income 2024: $15,894,3812024

Highlighted filing

2010

Revenue-
Expenses$5,729,332
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Mar 12, 2012
Return Version
2010v3.2
Gross Receipts
$9,991,987
Mission and Program Overview

Mission

Creating housing where families succeed. Affordable housing with supportive social services to educate, support and improve the financial standing of the working poor and their communities.

Major Activities

Activity 2
COMMUNITY TAX CENTERS & FINANCIAL LITERACY PROGRAMS - SAVING FOR THE FUTURECommunity tax centers provided free income tax return preparation services for low-income taxpayers that received $29 million in tax refunds and credits (16,927 taxpayers provided services by 600+ volunteers)62 families deposited $57,000 in their savings accounts, earning nearly double that in matching funds to be used for post-secondary education, home purchases or small business.100 people completed money management classes.73% of those who completed money management classes improved their credit scores or established credit within 6 months, and 298 clients received one-on-one financial coaching.260 clients received one-on-one financial coaching.
Activity 3
LEARNING IN A COMMUNITY800 children took part in free after-school or summer learning center programs, with 85% maintaining or improving grades; 96 adults attended classes in ESL classes.
Filing and Contact Details

Filer

EIN
74-2563260
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IRS990/Activity2/Description0COMMUNITY TAX CENTERS & FINANCIAL LITERACY PROGRAMS - SAVING FOR THE FUTURECommunity tax centers provided free income tax return preparation services for low-income taxpayers that received $29 million in tax refunds and credits (16,927 taxpayers provided services by 600+ volunteers)62 families deposited $57,000 in their savings accounts, earning nearly double that in matching funds to be used for post-secondary education, home purchases or small business.100 people completed money management classes.73% of those who completed money management classes improved their credit scores or established credit within 6 months, and 298 clients received one-on-one financial coaching.260 clients received one-on-one financial coaching.
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IRS990/Description0OPENING DOORS TO HOMESImprovement of overall community stability by providing affordable housing alternatives for low income residents.(2,403 housing units at 16 affordable housing communities in Austin, Dallas-Fort Worth) Strategically pursued new acquisitions, especially for families. Social work case managers provide individual case management to families at or below 30% Median Family Income(CHI program) to assist with issues that risk stability in the household. Increased CHI Units from 72 to 111 in 2010. Additional case management services provided for SRO communities that house individuals that have previously been homeless(345 units). Property operating costs and revenues are reported at Group Affiliates Form 990 (Tax ID# 74-2678601)
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IRS990/OtherRevenueCurrentYear00
IRS990/OtherSalariesAndWages/Fundraising0270697
IRS990/OtherSalariesAndWages/ManagementAndGeneral0300774
IRS990/OtherSalariesAndWages/ProgramServices02436273
IRS990/OtherSalariesAndWages/Total03007744
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IRS990/PaymentsToAffiliates/ProgramServices0124171
IRS990/PaymentsToAffiliates/Total0124171
IRS990/PayrollTaxes/Fundraising036143
IRS990/PayrollTaxes/ManagementAndGeneral040158
IRS990/PayrollTaxes/ProgramServices0325285
IRS990/PayrollTaxes/Total0401586
IRS990/PensionPlanContributions/Fundraising07921
IRS990/PensionPlanContributions/ManagementAndGeneral08802
IRS990/PensionPlanContributions/ProgramServices071293
IRS990/PensionPlanContributions/Total088016
IRS990/PermanentlyRestrictedNetAssets/BOY04492177
IRS990/PermanentlyRestrictedNetAssets/EOY05367177
IRS990/PledgesAndGrantsReceivable/BOY01038978
IRS990/PledgesAndGrantsReceivable/EOY01902085
IRS990/PoliciesReferenceChapters0false
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/BOY039112
IRS990/PrepaidExpensesDeferredCharges/EOY023462
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY03435971
IRS990/ProgramServiceRevenue/Description0Resident Service Fees

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$263$75.8$187$50.0$34.1$15.9
2023Detailed filing. Detailed filing data is available for this year.$237$65.4$171$41.3$30.2$11.0
2022Detailed filing. Detailed filing data is available for this year.$223$62.4$160$44.3$27.2$17.1
2021Detailed filing. Detailed filing data is available for this year.$202$58.8$143$44.1$25.5$18.6
2020Detailed filing. Detailed filing data is available for this year.$182$57.9$124$31.0$22.6$8.41
2019Detailed filing. Detailed filing data is available for this year.$165$49.4$116$35.4$20.6$14.8
2018Detailed filing. Detailed filing data is available for this year.$152$50.7$101$18.1$17.3$0.86
2017Detailed filing. Detailed filing data is available for this year.$137$37.0$100$25.1$15.8$9.29
2016Detailed filing. Detailed filing data is available for this year.$130$39.2$91.1$28.6$14.3$14.4
2015Detailed filing. Detailed filing data is available for this year.$113$36.0$76.7$21.3$13.5$7.79
2014Detailed filing. Detailed filing data is available for this year.$96.8$27.8$68.9$20.2$11.8$8.34
2013Detailed filing. Detailed filing data is available for this year.$81.5$20.9$60.6$12.5$10.3$2.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.8$12.0$51.8$7.44
2011Summary only. Only limited summary data is available for this year.$57.2$14.6$42.6$12.7$5.87$6.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.7$15.0$35.7$5.73