Civic Intelligence

Houston Cougars Foundation Inc.

990 • Fiscal year 2022 • EIN 76-0489432

Sep 01, 2021 to Aug 31, 2022 • Filed on Feb 10, 2023

PO Box 131886Houston, TX 77219

(713) 843-7370

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

95th percentile

74%

Higher net margin than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

14th percentile

-14%

Faster asset growth than 14% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

4th percentile

-69%

Faster revenue growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$3,595,819

Down $566,106 (-14%) from 2021

Net Assets

Down

$3,595,819

Down $566,106 (-14%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$253,061

Down $567,271 (-69%) from 2021

Expenses

Down

$64,858

Down $287,091 (-82%) from 2021

Net Income

Down

$188,203

Down $280,180 (-60%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $3,147,736Liabilities 2011: $0Net Assets 2011: $3,147,7362011Assets 2012: $3,578,751Liabilities 2012: $500,000Net Assets 2012: $3,078,7512012Assets 2013: $3,589,587Liabilities 2013: $400,000Net Assets 2013: $3,189,5872013Assets 2014: $4,377,484Liabilities 2014: $615,258Net Assets 2014: $3,762,2262014Assets 2015: $4,475,776Liabilities 2015: $842,527Net Assets 2015: $3,633,2492015Assets 2016: $3,153,970Liabilities 2016: $95,670Net Assets 2016: $3,058,3002016Assets 2017: $5,185,316Liabilities 2017: $1,000Net Assets 2017: $5,184,3162017Assets 2019: $10,399,910Liabilities 2019: $1,802,785Net Assets 2019: $8,597,1252019Assets 2020: $3,711,892Liabilities 2020: $18,350Net Assets 2020: $3,693,5422020Assets 2021: $4,161,925Liabilities 2021: $0Net Assets 2021: $4,161,9252021Assets 2022: $3,595,819Liabilities 2022: $0Net Assets 2022: $3,595,8192022Assets 2023: $3,604,994Liabilities 2023: $215Net Assets 2023: $3,604,7792023Assets 2024: $4,815,824Liabilities 2024: $368,028Net Assets 2024: $4,447,7962024

Highlighted filing

2022

Assets$3,595,819
Liabilities$0
Net Assets$3,595,819

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2011: -$2,194,428Expenses 2011: $140,773Net Income 2011: -$2,335,2012011Revenue 2012: $69,458Expenses 2012: $203,025Net Income 2012: -$133,5672012Revenue 2013: $100,875Expenses 2013: $256,707Net Income 2013: -$155,8322013Revenue 2014: $788,466Expenses 2014: $215,827Net Income 2014: $572,6392014Revenue 2015: $405,648Expenses 2015: $291,386Net Income 2015: $114,2622015Revenue 2016: $239,100Expenses 2016: $1,005,303Net Income 2016: -$766,2032016Revenue 2017: $1,993,264Expenses 2017: $30,665Net Income 2017: $1,962,5992017Revenue 2019: $1,948,634Expenses 2019: $91,726Net Income 2019: $1,856,9082019Revenue 2020: $353,448Expenses 2020: $5,387,312Net Income 2020: -$5,033,8642020Revenue 2021: $820,332Expenses 2021: $351,949Net Income 2021: $468,3832021Revenue 2022: $253,061Expenses 2022: $64,858Net Income 2022: $188,2032022Revenue 2023: $268,556Expenses 2023: $204,279Net Income 2023: $64,2772023Revenue 2024: $626,858Expenses 2024: $317,673Net Income 2024: $309,1852024

Highlighted filing

2022

Revenue$253,061
Expenses$64,858
Net Income$188,203
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Feb 10, 2023
Return Version
2021v4.0
Gross Receipts
$596,039
Mission and Program Overview

Mission

As a support organization for the university of houston, the foundation promotes education through athletics, helps the university of houston department of intercollegiate athletics attain fiscal stability, helps to attain a reduction in the athletics budget subsidy by the university, promotes recognition of former student-athletes and promotes future participation in the university of houston.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,090,411$3,444,390▼ $646,021
Cash and Non-Interest-Bearing Accounts$71,514$151,429▲ $79,915
Total Assets$4,161,925$3,595,819▼ $566,106
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,942,078$3,408,544▼ $533,534
Net Assets With Donor Restrictions$219,847$187,275▼ $32,572
Total Net Assets Fund Balance$4,161,925$3,595,819▼ $566,106
Total Liabilities and Net Assets / Fund Balance$4,161,925$3,595,819▼ $566,106

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$3,444,390--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$219,847-▼ $32,572-$187,275
2020$176,784$1,500▲ $41,563-$219,847
2019$155,881$8,200▲ $19,241-$176,784
2018$107,532$50,000▲ $2,335-$155,881
2017$3,414,316-▲ $10,969-$107,532
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matthew HoustonPresident
Brian SaxenianDirector
James HongDirector
Kevin BatesDirector
Phillip DaileyDirector
Scott ZamirDirector
Steve SaxenianDirector
Thomas EbnerDirector
Trey WilkinsonDirector
Les HaulbrookTreasurer
Jerry PorteleVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,659
Program Service Revenue
$0
Investment Income
$234,156
Other Revenue
$17,246
All Other Contributions
$1,659
Change in Net Assets
$188,203

Audited Revenue Reconciliation

Revenue per Audited Statements
$253,061
Revenue Not Reported on Form 990
$-754,309
Total Revenue per Audited Statements
$-501,248
Total Revenue per Form 990
$253,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$64,858
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 Accounting-$32,615-$32,615
Fees for Service Investment Mgmnt Fees-$19,650-$19,650
Fees for Services Other$10,000--$10,000
Fees for Services Management-$2,593-$2,593
Total Functional Expenses$10,000$54,858$0$64,858

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$64,858
Total Expenses per Audited Statements$64,858
Total Expenses per Form 990$64,858
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 is available to all board members upon request.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Houston Cougars Foundation Inc
EIN
76-0489432
Phone
7138437370
Address
PO BOX 131886, HOUSTON, TX 77219

Signing Officer

Name
Matthew Houston
Title
President
Phone
7138437370
Signed
2023-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Houston
Formed
1995
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Stefanie Martinez CPA Pllc
Address
PO BOX 3363, LEAGUE CITY, TX 77574
Preparer
Stefanie Martinez CPA
Phone
7134712060
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

As a support organization for the university of houston, the foundation promotes education through athletics, helps the university of houston department of intercollegiate athletics attain fiscal stability, helps to attain a reduction in the athletics budget subsidy by the university, promotes recognition of former student-athletes and promotes future participation in the university of houston.

Form 990, Part IX, Line 11G

Uh athletics support 10,000 0 0

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IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt042615
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt05466070
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt0221805
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt05323477
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt019316
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt022596
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt016850
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt05508685
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt042615
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt0221805
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt05244265
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt05604044
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt032615
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt042615
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0137974
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00.308863000000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt010000
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt042615
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IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0HOUSTON COUGARS FOUNDATION IS ORGANIZED TO ASSIST IN THE DEVELOPMENT AND IMPLEMENTATION OF A STRATEGIC PLAN FOR ATHLETICS DEVELOPMENT INCLUDING ANNUAL FUND, MAJOR GIFTS, LEADERSHIP GIFTS AND ENDOWMENTS FOR THE UNIVERSITY OF HOUSTON IN COMPLIANCE WITH RULES AND REGULATIONS SET FORTH BY THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION AND UNIVERSITY OF HOUSTON BOARD OF REGENTS. HOUSTON COUGARS FOUNDATION ELECTS AND NOMINATES ITS OWN EXECUTIVE DIRECTORS TO BE ON THE BOARD OF DIRECTORS COMMITTEE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 2
IRS990ScheduleA/IRSWrittenDeterminationInd0X
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IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt04002149
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt0139245
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0161901
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt03752517
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt03840248
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt058376
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt060032
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt03833386
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt03942117
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt0134169
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0137974
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt03891762
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt04002149
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt0134169
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt010000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF HOUSTON
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IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.21000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0219847
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0187275
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt041563
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt08200
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0176784
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt06538
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt019241
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IRS990ScheduleD/RevenueSubtotalAmt0253061
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IRS990ScheduleD/TotalRevenuePerForm990Amt0253061
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS A SUPPORT ORGANIZATION FOR THE UNIVERSITY OF HOUSTON, THE FOUNDATION PROMOTES EDUCATION THROUGH ATHLETICS, HELPS THE UNIVERSITY OF HOUSTON DEPARTMENT OF INTERCOLLEGIATE ATHLETICS ATTAIN FISCAL STABILITY, HELPS TO ATTAIN A REDUCTION IN THE ATHLETICS BUDGET SUBSIDY BY THE UNIVERSITY, PROMOTES RECOGNITION OF FORMER STUDENT-ATHLETES AND PROMOTES FUTURE PARTICIPATION IN THE UNIVERSITY OF HOUSTON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS AVAILABLE TO ALL BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UH ATHLETICS SUPPORT 10,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990/TotalContributionsAmt01659
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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