Civic Intelligence

La Promesa Foundation

990 • Fiscal year 2016 • EIN 75-2648137

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization ProfileWWW.GRNONLINE.COM
PO Box 10571Midland, TX 79701

(432) 682-1485

Siviq Scores

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

Liabilities / Assets

67th percentile

0.39x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.60x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

57th percentile

3.2%

Faster asset growth than 57% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

4.4%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$6,606,230

Up $203,565 (+3.2%) from 2015

Net Assets

Down

$4,057,423

Down $615,599 (-13%) from 2015

Liabilities

Up

$2,548,807

Up $819,164 (+47%) from 2015

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin17th percentile

Revenue

Up

$4,255,957

Up $179,162 (+4.4%) from 2015

Expenses

Up

$4,875,096

Up $1,012,247 (+26%) from 2015

Net Income

Down

-$619,139

Down $833,085 (-389%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,065,155Liabilities 2010: $2,704,330Net Assets 2010: $360,8252010Assets 2011: $3,724,126Liabilities 2011: $2,466,511Net Assets 2011: $1,257,6152011Assets 2012: $4,810,098Liabilities 2012: $2,160,851Net Assets 2012: $2,649,2472012Assets 2013: $6,144,203Liabilities 2013: $2,503,053Net Assets 2013: $3,641,1502013Assets 2014: $6,578,849Liabilities 2014: $2,119,773Net Assets 2014: $4,459,0762014Assets 2015: $6,402,665Liabilities 2015: $1,729,643Net Assets 2015: $4,673,0222015Assets 2016: $6,606,230Liabilities 2016: $2,548,807Net Assets 2016: $4,057,4232016Assets 2017: $5,567,392Liabilities 2017: $1,864,012Net Assets 2017: $3,703,3802017Assets 2018: $5,475,965Liabilities 2018: $1,469,607Net Assets 2018: $4,006,3582018Assets 2019: $6,196,755Liabilities 2019: $843,577Net Assets 2019: $5,353,1782019Assets 2020: $6,278,014Liabilities 2020: $374,790Net Assets 2020: $5,903,2242020Assets 2021: $6,255,131Liabilities 2021: $108,203Net Assets 2021: $6,146,9282021Assets 2022: $6,532,260Liabilities 2022: $111,015Net Assets 2022: $6,421,2452022Assets 2023: $6,946,547Liabilities 2023: $118,707Net Assets 2023: $6,827,8402023Assets 2024: $6,966,048Liabilities 2024: $199,478Net Assets 2024: $6,766,5702024

Highlighted filing

2016

Assets$6,606,230
Liabilities$2,548,807
Net Assets$4,057,423
Open 2016 Filing

Operations Trend

Revenue Growth55th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,682,6542010Revenue 2011: $3,660,903Expenses 2011: $2,764,113Net Income 2011: $896,7902011Expenses 2012: $2,932,3732012Revenue 2013: $4,206,589Expenses 2013: $3,214,686Net Income 2013: $991,9032013Revenue 2014: $4,370,724Expenses 2014: $3,491,195Net Income 2014: $879,5292014Revenue 2015: $4,076,795Expenses 2015: $3,862,849Net Income 2015: $213,9462015Revenue 2016: $4,255,957Expenses 2016: $4,875,096Net Income 2016: -$619,1392016Revenue 2017: $4,522,011Expenses 2017: $4,876,054Net Income 2017: -$354,0432017Revenue 2018: $4,750,207Expenses 2018: $4,493,667Net Income 2018: $256,5402018Revenue 2019: $5,609,565Expenses 2019: $4,488,045Net Income 2019: $1,121,5202019Revenue 2020: $4,870,253Expenses 2020: $4,320,207Net Income 2020: $550,0462020Revenue 2021: $5,059,198Expenses 2021: $4,444,461Net Income 2021: $614,7372021Revenue 2022: $5,314,206Expenses 2022: $5,054,959Net Income 2022: $259,2472022Revenue 2023: $5,740,567Expenses 2023: $5,333,972Net Income 2023: $406,5952023Revenue 2024: $5,716,254Expenses 2024: $5,777,524Net Income 2024: -$61,2702024

Highlighted filing

2016

Revenue$4,255,957
Expenses$4,875,096
Net Income-$619,139
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$4,255,957
Mission and Program Overview

Mission

To promote catholic programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,086,969$2,315,495▲ $1,228,526
Intangible Assets$2,704,053$2,257,823▼ $446,230
Other Notes and Loans Receivable, Net$797,892$899,408▲ $101,516
Savings and Temporary Cash Investments$1,436,433$617,381▼ $819,052
Cash and Non-Interest-Bearing Accounts$353,818$516,123▲ $162,305
Total Assets$6,402,665$6,606,230▲ $203,565
Other Assets Total$23,500--
Liabilities
Other Liabilities$1,704,305$2,412,129▲ $707,824
Accounts Payable and Accrued Expenses$25,338$136,678▲ $111,340
Total Liabilities$1,729,643$2,548,807▲ $819,164
Net Assets / Fund Balance
Unrestricted Net Assets$4,193,166$3,577,567▼ $615,599
Permanently Rstr Net Assets$314,856$314,856→ $0
Temporarily Rstr Net Assets$165,000$165,000→ $0
Total Net Assets Fund Balance$4,673,022$4,057,423▼ $615,599
Total Liabilities and Net Assets / Fund Balance$6,402,665$6,606,230▲ $203,565

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,689,378$1,354,427$3,043,805
Land$504,016-$504,016
Equipment$66,237$88,836$155,073
Buildings$55,864$59,173$115,037
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Leonard J OswaldPresident
Msgr James BridgesDirector
Janice GistSecretary
Mark StoltzTreasurer
Mary M DiazVice Preside
Toya E HallVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$4,161,855
Program Service Revenue
$0
Investment Income
$75,150
Other Revenue
$18,952
All Other Contributions
$4,161,855
Change in Net Assets
$-619,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,356,147
Salaries, Compensation, and Employee Benefits$1,518,949
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$857,814$34,163-$891,977
Occupancy$844,735--$844,735
Depreciation Depletion$840,655--$840,655
All Other Expenses$378,181$29,209-$407,390
Other Employee Benefits$358,436$14,275-$372,711
Payroll Taxes$244,523$9,738-$254,261
Office Expenses$159,183$4,817-$164,000
Conferences and Meetings$128,164$9,624-$137,788
Fees for Services Other$137,262--$137,262
Other Expenses$75,014$25,005-$100,019
Interest$89,859--$89,859
Travel$83,199$2,925-$86,124
Insurance$47,285$4,135-$51,420
Advertising$30,181$713-$30,894
Fees for Services Legal$8,928$3,827-$12,755
Fees for Services Accounting$382$1,503-$1,885
Total Functional Expenses$4,670,377$204,719$0$4,875,096
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$2,412,129
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
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 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
La Promesa Foundation
EIN
75-2648137
Phone
4326821485
Address
PO BOX 10571, MIDLAND, TX 79701

Signing Officer

Name
Toya E Hall
Title
Vice President
Phone
4322882776
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Toya E Hall
Formed
1996
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
4
Employees
20

Preparer

Firm
Arnold Hancock and Wallach
Address
3201 N PECOS ST STE 201, MIDLAND, TX 79705-5333
Preparer
Kenneth L Arnold
Phone
4326838200
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“The foundation provided funding for the radio station acquisitions which provide catholic programming for citizens of midland, texas and other cities around texas.”

Raw XML Appendix369 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt025338
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0136678
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE CATHOLIC PROGRAMS
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0713
IRS990/AdvertisingGrp/ProgramServicesAmt030181
IRS990/AdvertisingGrp/TotalAmt030894
IRS990/AllOtherContributionsAmt04161855
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt029209
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0378181
IRS990/AllOtherExpensesGrp/TotalAmt0407390
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LA PROMESA FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum04326821485
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01406 E GARDEN LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIDLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0353818
IRS990/CashNonInterestBearingGrp/EOYAmt0516123
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt09624
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0128164
IRS990/ConferencesMeetingsGrp/TotalAmt0137788
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04161855
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt075150
IRS990/CYOtherExpensesAmt03356147
IRS990/CYOtherRevenueAmt018952
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-619139
IRS990/CYSalariesCompEmpBnftPaidAmt01518949
IRS990/CYTotalExpensesAmt04875096
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04255957
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0840655
IRS990/DepreciationDepletionGrp/TotalAmt0840655
IRS990/Desc0THE FOUNDATION PROVIDED FUNDING TO THE MARIAN PEACE CENTER IN MIDLAND, TEXAS. THE CENTER IS A RESOURCE FOR SHARING INFORMATION ON THE CATHOLIC FAITH.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt020
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01503
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0382
IRS990/FeesForServicesAccountingGrp/TotalAmt01885
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03827
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt08928
IRS990/FeesForServicesLegalGrp/TotalAmt012755
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0137262
IRS990/FeesForServicesOtherGrp/TotalAmt0137262
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0LEONARD J OSWALD
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY M DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm2TOYA E HALL
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK STOLTZ
IRS990/Form990PartVIISectionAGrp/PersonNm4JANICE GIST
IRS990/Form990PartVIISectionAGrp/PersonNm5MSGR JAMES BRIDGES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04255957
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04135
IRS990/InsuranceGrp/ProgramServicesAmt047285
IRS990/InsuranceGrp/TotalAmt051420
IRS990/IntangibleAssetsGrp/BOYAmt02704053
IRS990/IntangibleAssetsGrp/EOYAmt02257823
IRS990/InterestGrp/ProgramServicesAmt089859
IRS990/InterestGrp/TotalAmt089859
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt075150
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt075150
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01502436
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01086969
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02315495
IRS990/LandBldgEquipCostOrOtherBssAmt03817931
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE CATHOLIC PROGRAMS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04673022
IRS990/NetAssetsOrFundBalancesEOYAmt04057423
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0844735
IRS990/OccupancyGrp/TotalAmt0844735
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04817
IRS990/OfficeExpensesGrp/ProgramServicesAmt0159183
IRS990/OfficeExpensesGrp/TotalAmt0164000
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt023500
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014275
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0358436
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0372711
IRS990/OtherExpensesGrp/Desc0UTILITES
IRS990/OtherExpensesGrp/Desc1REPAIRS
IRS990/OtherExpensesGrp/Desc2RADIOTHON EXPENSE
IRS990/OtherExpensesGrp/Desc3DATABASE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt064785
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt125005
IRS990/OtherExpensesGrp/ProgramServicesAmt0118949
IRS990/OtherExpensesGrp/ProgramServicesAmt1154312
IRS990/OtherExpensesGrp/ProgramServicesAmt2113315
IRS990/OtherExpensesGrp/ProgramServicesAmt375014
IRS990/OtherExpensesGrp/TotalAmt0183734
IRS990/OtherExpensesGrp/TotalAmt1154312
IRS990/OtherExpensesGrp/TotalAmt2113315
IRS990/OtherExpensesGrp/TotalAmt3100019
IRS990/OtherLiabilitiesGrp/BOYAmt01704305
IRS990/OtherLiabilitiesGrp/EOYAmt02412129
IRS990/OtherRevenueMiscGrp/BusinessCd0531120
IRS990/OtherRevenueMiscGrp/Desc0REFUNDS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt018952
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018952
IRS990/OtherRevenueTotalAmt018952
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034163
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0857814
IRS990/OtherSalariesAndWagesGrp/TotalAmt0891977
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0797892
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0899408
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09738
IRS990/PayrollTaxesGrp/ProgramServicesAmt0244523
IRS990/PayrollTaxesGrp/TotalAmt0254261
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0314856
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0314856
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TOYA E HALL
IRS990/PriorPeriodAdjustmentsAmt03540
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION PROVIDED FUNDING FOR THE RADIO STATION ACQUISITIONS WHICH PROVIDE CATHOLIC PROGRAMMING FOR CITIZENS OF MIDLAND, TEXAS AND OTHER CITIES AROUND TEXAS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0857814
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION PROVIDED FUNDING FOR THE RADIO STATION ACQUISITIONS WHICH PROVIDE CATHOLIC PROGRAMMING FOR CITIZENS OF MIDLAND, TEXAS AND OTHER CITIES AROUND TEXAS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03812563
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04277513
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt057362
IRS990/PYOtherExpensesAmt02826069
IRS990/PYOtherRevenueAmt0-231984
IRS990/PYRevenuesLessExpensesAmt0240042
IRS990/PYSalariesCompEmpBnftPaidAmt01036780
IRS990/PYTotalExpensesAmt03862849
IRS990/PYTotalRevenueAmt04102891
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-619139
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01436433
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0617381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04161855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04254615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04396538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04172306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04123325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021108639
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt094102
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt021108639
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04161855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04254615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04396538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04172306
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04123325
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021108639
IRS990ScheduleA/TotalSupportAmt021108639
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt055864
IRS990ScheduleD/BuildingsGrp/DepreciationAmt059173
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0115037
IRS990ScheduleD/EquipmentGrp/BookValueAmt066237
IRS990ScheduleD/EquipmentGrp/DepreciationAmt088836
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0155073
IRS990ScheduleD/LandGrp/BookValueAmt0504016
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0504016
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01689378
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01354427
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03043805
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02412129
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02315495
IRS990ScheduleD/TotalLiabilityAmt02412129
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION PROVIDED FUNDING FOR THE RADIO STATION ACQUISITIONS WHICH PROVIDE CATHOLIC PROGRAMMING FOR CITIZENS OF MIDLAND, TEXAS AND OTHER CITIES AROUND TEXAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0165000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0165000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06402665
IRS990/TotalAssetsEOYAmt06606230
IRS990/TotalAssetsGrp/BOYAmt06402665
IRS990/TotalAssetsGrp/EOYAmt06606230
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04161855
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0204719
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04670377
IRS990/TotalFunctionalExpensesGrp/TotalAmt04875096
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01729643
IRS990/TotalLiabilitiesEOYAmt02548807
IRS990/TotalLiabilitiesGrp/BOYAmt01729643
IRS990/TotalLiabilitiesGrp/EOYAmt02548807
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04673022
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04057423
IRS990/TotalOtherProgSrvcExpenseAmt03812563
IRS990/TotalProgramServiceExpensesAmt04670377
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt094102
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04255957
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06402665
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06606230
IRS990/TravelGrp/ManagementAndGeneralAmt02925
IRS990/TravelGrp/ProgramServicesAmt083199
IRS990/TravelGrp/TotalAmt086124
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04193166
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03577567
IRS990/USAddress/AddressLine1Txt0RT 1 BOX 142
IRS990/USAddress/CityNm0STANTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079782
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.GRNONLINE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TOYA E HALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04322882776
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LA PROMESA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LAPR
ReturnHeader/Filer/EIN0752648137
ReturnHeader/Filer/PhoneNum04326821485
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 10571
ReturnHeader/Filer/USAddress/CityNm0MIDLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02AA588446B08A0899C0F8EF6DD1B73AB92F1BBC3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F1C2428F155CB3CD9D0F1E5CA85FB844B9E00A7C
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263733251
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARNOLD HANCOCK AND WALLACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03201 N PECOS ST STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0797055333
ReturnHeader/PreparerPersonGrp/PhoneNum04326838200
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH L ARNOLD
ReturnHeader/ReturnTs02017-11-15T12:11:15-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,606,230
Liabilities
$2,548,807
Net assets
$4,057,423
Revenue
$4,255,957
Expenses
$4,875,096
Net income
-$619,139
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.97$0.20$6.77$5.72$5.78$0.06
2023Detailed filing. Detailed filing data is available for this year.$6.95$0.12$6.83$5.74$5.33$0.41
2022Detailed filing. Detailed filing data is available for this year.$6.53$0.11$6.42$5.31$5.05$0.26
2021Detailed filing. Detailed filing data is available for this year.$6.26$0.11$6.15$5.06$4.44$0.61
2020Detailed filing. Detailed filing data is available for this year.$6.28$0.37$5.90$4.87$4.32$0.55
2019Detailed filing. Detailed filing data is available for this year.$6.20$0.84$5.35$5.61$4.49$1.12
2018Detailed filing. Detailed filing data is available for this year.$5.48$1.47$4.01$4.75$4.49$0.26
2017Detailed filing. Detailed filing data is available for this year.$5.57$1.86$3.70$4.52$4.88$0.35
2016Detailed filing. Detailed filing data is available for this year.$6.61$2.55$4.06$4.26$4.88$0.62
2015Detailed filing. Detailed filing data is available for this year.$6.40$1.73$4.67$4.08$3.86$0.21
2014Detailed filing. Detailed filing data is available for this year.$6.58$2.12$4.46$4.37$3.49$0.88
2013Detailed filing. Detailed filing data is available for this year.$6.14$2.50$3.64$4.21$3.21$0.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.81$2.16$2.65$2.93
2011Summary only. Only limited summary data is available for this year.$3.72$2.47$1.26$3.66$2.76$0.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$2.70$0.36$2.68