Civic Intelligence

Buffalo Bayou Partnership Inc

EIN 76-0183954 • 501(c)3 • Houston, TX

Profile

Buffalo Bayou Partnership is the non-profit organization revitalizing and transforming Buffalo Bayou, Houston's most significant natural resource. BBP coordinates the integration of major amenities into the bayou greenbelt and seeks ways to increase community involvement through pedestrian, boating and biking amenities, permanent and temporary art installations, and other natural and built attractions.

Refreshing map…

1019 Commerce Street Suite 200Houston, TX 77002

www.buffalobayou.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.15x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.60x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

16th percentile

$238,573

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-27%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$127,123,621

Up $14,235,836 (+13%) from 2023

Liabilities

Up

$18,538,754

Up $4,008,616 (+28%) from 2023

Net Assets

Up

$108,584,867

Up $10,227,220 (+10%) from 2023

Revenue

Down

$31,042,524

Down $11,582,623 (-27%) from 2023

Expenses

Up

$21,467,912

Up $9,081,353 (+73%) from 2023

Net Income

Down

$9,574,612

Down $20,663,976 (-68%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2011: $21,521,785Liabilities 2011: $1,385,501Net Assets 2011: $20,136,2842011Assets 2012: $38,428,836Liabilities 2012: $8,001,842Net Assets 2012: $30,426,9942012Assets 2013: $65,965,562Liabilities 2013: $3,076,727Net Assets 2013: $62,888,8352013Assets 2014: $73,170,321Liabilities 2014: $7,230,777Net Assets 2014: $65,939,5442014Assets 2015: $24,559,752Liabilities 2015: $7,464,494Net Assets 2015: $17,095,2582015Assets 2016: $24,408,755Liabilities 2016: $5,868,474Net Assets 2016: $18,540,2812016Assets 2017: $27,419,183Liabilities 2017: $4,531,332Net Assets 2017: $22,887,8512017Assets 2018: $25,673,715Liabilities 2018: $4,061,064Net Assets 2018: $21,612,6512018Assets 2019: $27,926,762Liabilities 2019: $4,200,824Net Assets 2019: $23,725,9382019Assets 2020: $44,873,945Liabilities 2020: $4,412,590Net Assets 2020: $40,461,3552020Assets 2021: $45,594,943Liabilities 2021: $4,985,272Net Assets 2021: $40,609,6712021Assets 2022: $75,290,954Liabilities 2022: $5,097,044Net Assets 2022: $70,193,9102022Assets 2023: $112,887,785Liabilities 2023: $14,530,138Net Assets 2023: $98,357,6472023Assets 2024: $127,123,621Liabilities 2024: $18,538,754Net Assets 2024: $108,584,8672024

Highlighted filing

2024

Assets$127,123,621
Liabilities$18,538,754
Net Assets$108,584,867

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2011: $1,284,7702011Expenses 2012: $1,486,2502012Revenue 2013: $34,483,467Expenses 2013: $2,021,626Net Income 2013: $32,461,8412013Revenue 2014: $5,561,533Expenses 2014: $2,510,824Net Income 2014: $3,050,7092014Revenue 2015: $8,303,797Expenses 2015: $57,148,083Net Income 2015: -$48,844,2862015Revenue 2016: $6,870,756Expenses 2016: $5,425,733Net Income 2016: $1,445,0232016Revenue 2017: $10,876,797Expenses 2017: $5,366,711Net Income 2017: $5,510,0862017Revenue 2018: $6,066,768Expenses 2018: $6,256,375Net Income 2018: -$189,6072018Revenue 2019: $8,696,573Expenses 2019: $6,588,402Net Income 2019: $2,108,1712019Revenue 2020: $22,969,923Expenses 2020: $6,480,199Net Income 2020: $16,489,7242020Revenue 2021: $11,204,207Expenses 2021: $11,055,891Net Income 2021: $148,3162021Revenue 2022: $40,223,456Expenses 2022: $10,639,217Net Income 2022: $29,584,2392022Revenue 2023: $42,625,147Expenses 2023: $12,386,559Net Income 2023: $30,238,5882023Revenue 2024: $31,042,524Expenses 2024: $21,467,912Net Income 2024: $9,574,6122024

Highlighted filing

2024

Revenue$31,042,524
Expenses$21,467,912
Net Income$9,574,612

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$127$18.5$109$31.0$21.5$9.57
2023Summary only. Only limited summary data is available for this year.$113$14.5$98.4$42.6$12.4$30.2
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.3$5.10$70.2$40.2$10.6$29.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.6$4.99$40.6$11.2$11.1$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.9$4.41$40.5$23.0$6.48$16.5
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.9$4.20$23.7$8.70$6.59$2.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.7$4.06$21.6$6.07$6.26$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.4$4.53$22.9$10.9$5.37$5.51
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.4$5.87$18.5$6.87$5.43$1.45
2015Detailed filing. Detailed filing data is available for this year.$24.6$7.46$17.1$8.30$57.1$48.8
2014Detailed filing. Detailed filing data is available for this year.$73.2$7.23$65.9$5.56$2.51$3.05
2013Detailed filing. Detailed filing data is available for this year.$66.0$3.08$62.9$34.5$2.02$32.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.4$8.00$30.4$1.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$1.39$20.1$1.28
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$40,435,834
Mission and Program Overview

Mission

See Schedule OEstablished in 1986, Buffalo Bayou Partnership (BBP) is the non-profit transforming and revitalizing Buffalo Bayou. The organization's geographic focus is the 10-square mile stretch of the bayou that flows from Shepherd Drive, through the heart of downtown into the East End, and on to the Port of Houston Turning Basin. BBP creates and cares for inclusive public spaces such as Buffalo Bayou Park, constructs hike and bike trails, removes trash and debris from the waterway, and promotes the economic and social well-being of surrounding neighborhoods through affordable housing. BBP also activates the bayou with unique programs, public art, volunteer events and recreational opportunities that enrich Houston's quality of life.

Transforming and revitalizing Buffalo Bayou, Houston's most significant natural resource.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,155,008$33,146,421▲ $9,991,413
Savings and Temporary Cash Investments$18,020,656$17,934,358▼ $86,298
Investments in Publicly Traded Securities-$11,011,638-
Pledges and Grants Receivable$1,019,500$5,693,712▲ $4,674,212
Cash and Non-Interest-Bearing Accounts$3,105,167$4,918,226▲ $1,813,059
Investments Program Related-$2,250,000-
Prepaid Expenses and Deferred Charges$241,444$201,924▼ $39,520
Accounts Receivable$26,167$107,674▲ $81,507
Inventories for Sale or Use$27,001$27,001→ $0
Total Assets$45,594,943$75,290,954▲ $29,696,011
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,444,151$2,402,476▼ $41,675
Deferred Revenue$550,107$1,876,033▲ $1,325,926
Accounts Payable and Accrued Expenses$1,991,014$818,535▼ $1,172,479
Total Liabilities$4,985,272$5,097,044▲ $111,772
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,612,118$36,138,863▲ $12,526,745
Net Assets With Donor Restrictions$16,997,553$34,055,047▲ $17,057,494
Total Net Assets Fund Balance$40,609,671$70,193,910▲ $29,584,239
Total Liabilities and Net Assets / Fund Balance$45,594,943$75,290,954▲ $29,696,011

Asset Categories

AssetBook ValueDepreciationBasis
Land$24,650,160-$24,650,160
Buildings$6,717,463$881,632$7,599,095
Equipment$848,720$1,101,812$1,950,532
Other Land Buildings$930,078-$930,078

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022-$11,000,000▲ $11,638-$11,011,638
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne M OlsonPresidentFT$218,615$19,958$238,573
Karen FarberVP External AffairsFT$140,984$15,999$156,983
Leigh McBurnettChief Development OfficerFT$122,410$14,184$136,594
Trudi SmithDirector of ProgrammingFT$111,142$13,510$124,652
Michele N MarvinVP Finance & AdministrationFT$109,624$14,305$123,929

Board Members and Trustees

NameTitle
Shawn W CloonanChair
Bob PhillipsChair Emeritus
Brady F CarruthChair Emeritus
Chuck CarlbergChair Emeritus
Collin J CoxChair Emeritus
Jeff TaylorChair Emeritus
Mike GarverChair Emeritus
Sis JohnsonChair Emeritus
Thomas FishChair Emeritus
Gaynell Floyd DrexlerVice Chair
Alisha N NathooDirector
Andrea AlexanderDirector
Andy CanalesDirector
Christof SpielerDirector
David OttDirector
Erin MincbergDirector
Erin PattersonDirector
Geraldina Interiano WiseDirector
Gloria Medina ZentenoDirector
Guy HagstetteDirector
Harvey Clemons JrDirector
Janet HobbyDirector
Jerry DavisDirector
Judy NyquistDirector
Kellie R JenksDirector
Lisa HelfmanDirector
Lisa MarshallDirector
Marie Louise KinderDirector
Ralph AbendsheinDirector
Richard P DawsonDirector
Shannon B SasserDirector
Veronica AvilaDirector
Winifred RiserDirector
Zion EscobarDirector
Bolivar FragaSecretary
Andrew ZiccardiTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Michael Van Valkenburgh AssociatesDesign services231 Concord Ave, Cambridge, MA 02138$1,199,346
Times ConstructionConstruction2900 Weslayan Dr 625, Houston, TX 77027$693,131
Junction LandscapeLandscaping servicesPO Box 787, Brookshire, TX 77423$634,391
Quiddity Engineering LLCDesign servicesPO Box 95562, Grapevine, TX 76099$322,004
Allied Universal Security SystemsSecurity services161 Washington St 600, Conshohocken, PA 19428$307,743
Revenue and Support

Revenue Composition

Contributions and Grants
$35,402,933
Program Service Revenue
$4,253,361
Investment Income
$138,374
Other Revenue
$428,788
All Other Contributions
$28,294,452
Change in Net Assets
$29,584,239

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other3$4,277,565Appraisal Fair Market Value (FMV)
Securities Publicly Traded3$163,723Fair Market Value (FMV)
Total Noncash Contributions6$4,441,288-

Audited Revenue Reconciliation

Revenue per Audited Statements
$40,223,456
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$329,854
Total Revenue per Audited Statements
$40,553,310
Total Revenue per Form 990
$40,223,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,353,565
Salaries, Compensation, and Employee Benefits$3,285,052
Total Fundraising Expense$423,286
Grants and Similar Amounts Paid$600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$4,849,559$71,184$9,443$4,930,186
Other Salaries and Wages$1,883,355$195,062$205,554$2,283,971
Depreciation Depletion$277,377$55,983$55,983$389,343
Current Officers, Directors, Trustees, and Key Employees$189,109$153,390$20,003$362,502
Other Employee Benefits$301,757$24,412$21,769$347,938
Insurance$239,187$5,052$8,231$252,470
Payroll Taxes$163,046$23,968$16,705$203,719
Occupancy$104,558$6,147$6,147$116,852
Pension Plan Contributions$66,686$8,825$11,411$86,922
Office Expenses$36,877$14,489$11,399$62,765
Information Technology$26,747$14,277$14,277$55,301
Interest$24,233$12,117$12,117$48,467
Advertising$32,371$4,477$4,389$41,237
Other Expenses$38,680$18,073$8,011$38,680
Fees for Services Legal$38,290--$38,290
All Other Expenses$31,620$2,658$2,658$36,936
Conferences and Meetings$15,337$2,823$14,581$32,741
Fees for Services Accounting$14,015$12,265-$26,280
Fees for Services Lobbying$9,062--$9,062
Travel$2,990$608$608$4,206
Grants to Domestic Individuals$600--$600
Total Functional Expenses$9,590,121$625,810$423,286$10,639,217

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,969,071
Expenses per Audited Statements$10,639,217
Total Expenses per Form 990$10,639,217
Expenses Not Reported on Form 990$329,854
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$211,857
Fundraising Gross Income$106,025
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Regatta$88,426$52,500$31,028$21,472
Buffalo Bayou Gala$484,855$48,000$87,496$-39,496
Total Events$585,966$106,025$211,857$-105,832
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Corporation 100% owned by substantial contributorBargain land purchase from corporation owned by substantial contributorNo$4,579,816
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1A

According to the BBP corporate documents, the Executive Committee consists of the officers and such others as the Board may designate. This committee has all the authority of the Board in the management of BBP, except where action of the Board is specified by statute.

Form 990, Part VI, Section B, line 11B

The staff and Executive Committee review Form 990 and provide a copy of the form to the Board of Directors prior to filing with the IRS.

Form 990, Part VI, Section B, line 12C

All Board members receive a copy of the Buffalo Bayou Partnership Conflict of Interest Policy and complete the Conflict of Interest Questionnaire each year to disclose any potential conflicts of interest. The President reviews these responses. If a conflict of interest is present, the Board member is recused from voting on any issues that relate to the conflict.

Form 990, Part VI, Section B, line 15

Compensation is compared with other similar organizations. The Board Chair, in cooperation with the Executive Committee, reviews the President's compensation annually. This process is also used to determine compensation for other officers.

Form 990, Part VI, Section C, line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Buffalo Bayou Partnership Inc
EIN
76-0183954
Phone
7137520314
Address
1019 Commerce Street Suite 200, Houston, TX 77002

Signing Officer

Name
Anne M Olson
Title
President
Phone
7137520314
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne M Olson
Formed
1986
Legal Domicile
TX
Voting Board Members
35
Independent Board Members
35
Employees
64
Volunteers
2,701

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

In December 2022, BBP entered into an arrangement to develop an affordable 80-unit multi-family housing complex near Buffalo Bayou, east of downtown Houston, for low to moderate income at-risk families.

Form 990, Part IX, line 11G

Construction: Program service expenses 1,157,154. Total expenses 1,157,154. Consulting: Program service expenses 608,451. Management and general expenses 58,524. Total expenses 666,975. Design & engineering: Program service expenses 2,135,514. Management and general expenses 158. Total expenses 2,135,672. Project manager: Program service expenses 193,603. Management and general expenses 5,699. Total expenses 199,302. Other professional services: Program service expenses 754,837. Management and general expenses 6,803. Fundraising expenses 9,443. Total expenses 771,083.

Financial Statement Notes

Part II, Line 5:

According to BBP's policy, the easements are monitored annually.

Part II, Line 9:

The Partnership has eight right-of-way easements totaling 3.83 acres along the Bayou's east sector. These easements were granted to the Partnership to allow completion of hike and bike trails for public use and provide access to the Partnership property from the City's public right-of-way. The Partnership does not have ownership of the land and improvements related to these easements; therefore, no amounts have been recorded as assets in these financial statements.

Part V, Line 4:

The endowment was established to provide long-term financial support for the operations and maintenance of the Buffalo Bayou East park projects.

Part XI, Line 2D - Other Adjustments:

Expense reimbursements 71,640.

Part XII, Line 2D - Other Adjustments:

Expense reimbursements 71,640.

Raw XML AppendixShowing 400 of 1,093 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/ActivitiesConductedPrtshpInd00
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IRS990/BooksInCareOfDetail/PhoneNum07137520314
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01019 Commerce Street Suite 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0Houston
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Junction Landscape
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3Quiddity Engineering LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4Allied Universal Security Systems
IRS990/ContractorCompensationGrp/ServicesDesc0Design services
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IRS990/ContractorCompensationGrp/ServicesDesc2Landscaping services
IRS990/ContractorCompensationGrp/ServicesDesc3Design services
IRS990/ContractorCompensationGrp/ServicesDesc4Security services
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IRS990/Desc0See Schedule OBuffalo Bayou Park - A strong public-private partnership including the Kinder Foundation, Buffalo Bayou Partnership (BBP), the City of Houston, and Harris County Flood Control District carried out an ambitious $58 million restoration project for the stretch of bayou from Shepherd Drive to Sabine Street. The project involved flood management, eco-restoration, new hike and bike trails and an array of park amenities. The park improvements were substantially completed for the Buffalo Bayou Park project in 2015, and BBP transferred ownership to the City. BBP maintains and operates the 160-acre Buffalo Bayou Park with funding from the Downtown Redevelopment Authority TIRZ #3. It is also responsible for maintaining the hike and bike trails and green spaces along the waterway from Sabine to Fannin streets with funding from Houston First Corporation and Houston Parks Board. To assist with ongoing maintenance and conservation efforts, BBP relies on thousands of volunteers and community service workers each year that remove weeds and invasive species, plant wildflowers, pick up trash and remove silt from the trails after heavy rains.
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