Civic Intelligence

The Samuels Foundation

990 • Fiscal year 2018 • EIN 76-0207517

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 11, 2019

5603 South Braeswood BlvdHouston, TX 77096

(713) 729-7000

Siviq Scores

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

Liabilities / Assets

99th percentile

8.59x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

99th percentile

$130,756

Higher top officer pay than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

12th percentile

-39%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$943

Down $612 (-39%) from 2017

Net Assets

Down

-$7,157

Down $567 (-8.6%) from 2017

Liabilities

Down

$8,100

Down $45 (-0.6%) from 2017

Revenue

Down

$0

Down $29,000 (-100%) from 2017

Expenses

Down

$2,567

Down $32,471 (-93%) from 2017

Net Income

Up

-$2,567

Up $3,471 (+57%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $1,979,664Liabilities 2010: $52,512Net Assets 2010: $1,927,1522010Assets 2011: $1,586,121Liabilities 2011: $753Net Assets 2011: $1,585,3682011Assets 2012: $590,738Liabilities 2012: $875Net Assets 2012: $589,8632012Assets 2013: $293,339Liabilities 2013: $1,122Net Assets 2013: $292,2172013Assets 2014: $13,242Liabilities 2014: $1,122Net Assets 2014: $12,1202014Assets 2015: $4,969Liabilities 2015: $6Net Assets 2015: $4,9632015Assets 2016: $1,305Liabilities 2016: $1,857Net Assets 2016: -$5522016Assets 2017: $1,555Liabilities 2017: $8,145Net Assets 2017: -$6,5902017Assets 2018: $943Liabilities 2018: $8,100Net Assets 2018: -$7,1572018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$943
Liabilities$8,100
Net Assets-$7,157

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $736,7562010Expenses 2011: $574,3932011Expenses 2012: $1,020,7902012Expenses 2013: $1,098,1372013Revenue 2014: $1,062,026Expenses 2014: $1,342,123Net Income 2014: -$280,0972014Revenue 2015: $1,297,508Expenses 2015: $1,304,665Net Income 2015: -$7,1572015Revenue 2016: $302,003Expenses 2016: $307,518Net Income 2016: -$5,5152016Revenue 2017: $29,000Expenses 2017: $35,038Net Income 2017: -$6,0382017Revenue 2018: $0Expenses 2018: $2,567Net Income 2018: -$2,5672018Revenue 2019: $7,1572019

Highlighted filing

2018

Revenue$0
Expenses$2,567
Net Income-$2,567
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 11, 2019
Return Version
2017v2.2
Gross Receipts
$0
Mission and Program Overview

Mission

Support activities for the benefit of, or to carry out, the purposes of the Jewish Federation of Greater Houston through grants to charitable, educational and religious organizations.

The Samuels Foundation is organized exclusively for charitable, educational and religious purposes to conduct and support activities for the benefit of, or to carry out, the purposes of the Jewish Federation of Greater Houston.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,555$943▼ $612
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,555$943▼ $612
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$8,145$8,100▼ $45
Total Liabilities$8,145$8,100▼ $45
Net Assets / Fund Balance
Unrestricted Net Assets$-6,590$-7,157▼ $567
Total Net Assets Fund Balance$-6,590$-7,157▼ $567
Total Liabilities and Net Assets / Fund Balance$1,555$943▼ $612

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$-6,590---$-7,157
2016$-552$29,000--$-6,590
2015$4,963$302,000▲ $3-$-552
2014$12,120$1,297,500▲ $8-$4,963
2013$292,217$1,062,000▲ $26-$12,120
Compensation and Service Providers

Employees

NameTitleOtherTotal
Roberta Herman DietrichAsst. Secretary$130,756$130,756

Board Members and Trustees

NameTitle
Barbara G SamuelsPresident
Stephen M KaufmanVice President
Ben RosenbergTrustee
Marc E GrossbergSecretary
J Victor SamuelsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,567
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$1,467-$1,467
Fees for Services Accounting-$1,100-$1,100
Total Functional Expenses$0$2,567$0$2,567
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

J. Victor and Barbara Samuels have a family relationship.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The members of the Foundation are divided into two classes: the Federation Member and the Donor Members. The Federation Member is the Jewish Federation of Greater Houston. The initial Donor Members were J. Victor Samuels and Barbara G. Samuels. Each Donor Member continues as a member until his or her resignation, incapacity, or death. Each Donor Member may from time to time designate a person as his or her successor, to serve after such Donor Member ceases to be a member. The number of Donor Members may be increased by an amendment to the Foundation's bylaws. For purposes of any vote of members, the Federation Member has three votes and each Donor Member has one vote.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The number of Trustees is five and is divided into two classes, as follows: (1) The Federation Trustee Class, which consists of three trustees, each of whom are trustees or officers of the Jewish Federation of Greater Houston or otherwise connected with the Federation. (2) The Donor Trustee Class, which consists of two trustees. The Federation Member is entitled to elect the three Federation Trustees. The Donor Members are entitled to elect the two Donor Trustees.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The affirmative vote of the Federation Member and, if there are two or more Donor Members, the affirmative vote of at least one Donor Member at any annual meeting of Members or special meeting of Members is required to adopt or approve any of the following actions: 1. Liquidation or dissolution of the Corporation; 2. Merger, consolidation or transfer of substantially all of the assets of the Corporation; and 3. Repeal, modification, amendment, in whole or in part, or addition to the Articles of Incorporation or Bylaws of the Corporation or adoption of new Articles of Incorporation or Bylaws.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Form 990 is initially reviewed by the Houston Jewish Community Foundation's staff accountant and Controller. The Form is then reviewed by the CFO of the Jewish Federation of Greater Houston. A copy is provided to all Board members prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

A Conflict of Interest Statement is distributed to Board members every year and follow up is continued until statements have been completed and returned. If there are conflicts of interest, they are addressed to the entire Board at the next regularly scheduled board meeting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request.

Filing and Contact Details

Filer

Filer Name
The Samuels Foundation
EIN
76-0207517
Phone
7137297000
Address
5603 South Braeswood Blvd, Houston, TX 77096

Signing Officer

Name
Roberta Herman Dietrich
Title
Asst. Secretary
Signed
2019-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara G Samuels
Formed
1986
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
4
Employees
0

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027-5132
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Returned grant = $2000

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The Foundation holds funds to support the mission of the Jewish Federation of Greater Houston to preserve and enrich Jewish communal life through innovative and visionary leadership that is responsive and responsible to Jewish communities locally, nationally, in Israel, and around the world.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Samuels Foundation is organized to conduct and support activities for the benefit of, or to carry out, the purposes of the Jewish Federation of Greater Houston. The Foundation accomplishes these goals by awarding grants to the Jewish Federation of Greater Houston as well as other charitable, educational and religious organizations for purposes consistent with the mission of the Federation.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 6: Description Of Grants Or Provided Benefits To Others
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Jewish Federation of Gtr Houston
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IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0-6590
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0-7157
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0-2000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt06288
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0-552
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt029000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0-6590
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt028750
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt06318
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0302000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0-552
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0301200
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt06461
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt012120
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01297500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04963
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01298204
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt06452
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01062000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt012120
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01335671
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt026
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation holds funds to support the mission of the Jewish Federation of Greater Houston to preserve and enrich Jewish communal life through innovative and visionary leadership that is responsive and responsible to Jewish communities locally, nationally, in Israel, and around the world.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0J. Victor and Barbara Samuels have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members of the Foundation are divided into two classes: the Federation Member and the Donor Members. The Federation Member is the Jewish Federation of Greater Houston. The initial Donor Members were J. Victor Samuels and Barbara G. Samuels. Each Donor Member continues as a member until his or her resignation, incapacity, or death. Each Donor Member may from time to time designate a person as his or her successor, to serve after such Donor Member ceases to be a member. The number of Donor Members may be increased by an amendment to the Foundation's bylaws. For purposes of any vote of members, the Federation Member has three votes and each Donor Member has one vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The number of Trustees is five and is divided into two classes, as follows: (1) The Federation Trustee Class, which consists of three trustees, each of whom are trustees or officers of the Jewish Federation of Greater Houston or otherwise connected with the Federation. (2) The Donor Trustee Class, which consists of two trustees. The Federation Member is entitled to elect the three Federation Trustees. The Donor Members are entitled to elect the two Donor Trustees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The affirmative vote of the Federation Member and, if there are two or more Donor Members, the affirmative vote of at least one Donor Member at any annual meeting of Members or special meeting of Members is required to adopt or approve any of the following actions: 1. Liquidation or dissolution of the Corporation; 2. Merger, consolidation or transfer of substantially all of the assets of the Corporation; and 3. Repeal, modification, amendment, in whole or in part, or addition to the Articles of Incorporation or Bylaws of the Corporation or adoption of new Articles of Incorporation or Bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Form 990 is initially reviewed by the Houston Jewish Community Foundation's staff accountant and Controller. The Form is then reviewed by the CFO of the Jewish Federation of Greater Houston. A copy is provided to all Board members prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A Conflict of Interest Statement is distributed to Board members every year and follow up is continued until statements have been completed and returned. If there are conflicts of interest, they are addressed to the entire Board at the next regularly scheduled board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Returned grant = $2000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd4false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd6false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd7false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Jewish Federation of Greater Houston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1Houston Jewish Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2Jewish Fed & Hou Jew Comm Fd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3Jewish Federation of Greater Houston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4Jewish Federation of Greater Houston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5Jewish Federation of Greater Houston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6Houston Jewish Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Jewish Federation of Greater Hstn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1The Becker Family Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Donald & Martha Kaplan Freedman Fd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3Alan F & Diane R Levin Family Fd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4Mary L & William J Osher Fndn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5The Rauch Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6Houston Jewish Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7Levit-Setzer Supporting Organization
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3TX
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd7TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Preserve and enrich Jewish communal life
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Support the Jewish Federation of Gr. Hou
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2Support the Houston Jewish Community Fd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3Support Jewish Fed & Hou Jew Comm Fd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4Support the Jewish Federation of Gr. Hou
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5Support the Jewish Federation of Gr. Hou
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt6Support the Jewish Federation of Gr. Hou
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt7Support the Houston Jewish Community Fd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)(1)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt5509(a)(3) I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt6509(a)(1)

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