Civic Intelligence

Foundation Communities Inc.

990 • Fiscal year 2011 • EIN 74-2563260

Jan 01, 2011 to Dec 31, 2011 • Filed on Jul 31, 2012

3036 South First St78704
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$57,164,131

Flat from 2011

Net Assets

Flat

$42,611,687

Flat from 2011

Liabilities

Flat

$14,552,444

Flat from 2011

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$5,873,068

Flat from 2011

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 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

2011

Assets$57,164,131
Liabilities$14,552,444
Net Assets$42,611,687

Operations Trend

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

$60M$40M$20M$0Expenses 2010: $5,729,3322010Expenses 2011: $5,873,0682011Revenue 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

2011

Revenue-
Expenses$5,873,068
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Jul 31, 2012
Return Version
2011v1.2
Gross Receipts
$12,737,792
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 $27.6 million in tax refunds and credits (16,227 taxpayers provided services by 600+ volunteers)51 families deposited to savings accounts with matching funds to be used for post-secondary education, home purchases or small business.100 people completed money management classes.68% of those who completed money management classes improved their credit scores or established credit within 6 months, and 302 clients received one-on-one financial coaching.260 clients received one-on-one financial coaching.
Activity 3
LEARNING IN A COMMUNITY723 children took part in free after-school or summer learning center programs, with 85% maintaining or improving grades; 142 adults attended classes in ESL classes.
Filing and Contact Details

Filer

EIN
74-2563260
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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/Description0OPENING DOORS TO HOMESImprovement of overall community stability by providing affordable housing alternatives for low income residents.(2,553 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 - 101 CHI Units in 2011. 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/PledgesAndGrantsReceivable/BOY01902085
IRS990/PledgesAndGrantsReceivable/EOY01604640
IRS990/PoliciesReferenceChapters0false
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/BOY023462
IRS990/PrepaidExpensesDeferredCharges/EOY038108
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY05808245
IRS990/ProgramServiceRevenue/Description0Resident Service Fees
IRS990/ProgramServiceRevenue/Description1Management Fees
IRS990/ProgramServiceRevenue/Description2Interest on Affil. Notes
IRS990/ProgramServiceRevenue/Description3Development Fees
IRS990/ProgramServiceRevenue/Description4Asset Management Fees
IRS990/ProgramServiceRevenuePriorYear03435971
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0532038
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1742318
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome21681632

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
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.2$14.6$42.6$5.87
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