Civic Intelligence

Houston International Initiatives

990 • Fiscal year 2015 • EIN 80-0902020

Aug 01, 2014 to Jul 31, 2015 • Filed on Mar 29, 2016

901 Bagby Street Floor 4Houston, TX 77002

(832) 393-0700

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

92nd percentile

72%

Faster asset growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

41%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$186,190

Up $78,230 (+72%) from 2014

Net Assets

Up

$186,190

Up $78,230 (+72%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$544,142

Up $158,847 (+41%) from 2014

Expenses

Up

$465,912

Up $148,124 (+47%) from 2014

Net Income

Up

$78,230

Up $10,723 (+16%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $40,453Liabilities 2013: $0Net Assets 2013: $40,4532013Assets 2014: $107,960Liabilities 2014: $0Net Assets 2014: $107,9602014Assets 2015: $186,190Liabilities 2015: $0Net Assets 2015: $186,1902015Assets 2016: $148,781Liabilities 2016: $200Net Assets 2016: $148,5812016Assets 2017: $192,165Liabilities 2017: $2,000Net Assets 2017: $190,1652017Assets 2018: $295,343Liabilities 2018: $0Net Assets 2018: $295,3432018Assets 2019: $403,391Liabilities 2019: $0Net Assets 2019: $403,3912019Assets 2020: $173,207Liabilities 2020: $0Net Assets 2020: $173,2072020Assets 2021: $240,721Liabilities 2021: $100,000Net Assets 2021: $140,7212021Assets 2022: $68,676Liabilities 2022: $0Net Assets 2022: $68,6762022Assets 2023: $53,243Liabilities 2023: $0Net Assets 2023: $53,2432023Assets 2024: $53,284Liabilities 2024: $0Net Assets 2024: $53,2842024Assets 2025: $50,053Net Assets 2025: $50,0532025

Highlighted filing

2015

Assets$186,190
Liabilities$0
Net Assets$186,190

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $55,500Expenses 2013: $15,047Net Income 2013: $40,4532013Revenue 2014: $385,295Expenses 2014: $317,788Net Income 2014: $67,5072014Revenue 2015: $544,142Expenses 2015: $465,912Net Income 2015: $78,2302015Revenue 2016: $329,575Expenses 2016: $367,184Net Income 2016: -$37,6092016Revenue 2017: $475,436Expenses 2017: $434,052Net Income 2017: $41,3842017Revenue 2018: $495,091Expenses 2018: $391,913Net Income 2018: $103,1782018Revenue 2019: $446,192Expenses 2019: $338,144Net Income 2019: $108,0482019Revenue 2020: $125,592Expenses 2020: $355,777Net Income 2020: -$230,1852020Revenue 2021: $11,340Expenses 2021: $43,827Net Income 2021: -$32,4872021Revenue 2022: $297,150Expenses 2022: $369,195Net Income 2022: -$72,0452022Revenue 2023: $865,587Expenses 2023: $882,019Net Income 2023: -$16,4322023Revenue 2024: $594,160Expenses 2024: $594,119Net Income 2024: $412024Revenue 2025: $1,110Expenses 2025: $4,341Net Income 2025: -$3,2312025

Highlighted filing

2015

Revenue$544,142
Expenses$465,912
Net Income$78,230
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Mar 29, 2016
Return Version
2014v6.0
Gross Receipts
$544,142
Mission and Program Overview

Mission

Striving to inform the largest audience

Striving to inform the largest audience possible about Houston's diverse and powerful economy and those opportunities it brings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$107,960$186,190▲ $78,230
Rtn Earn Endowment Incm Other Fnds$107,960$186,190▲ $78,230
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$107,960$186,190▲ $78,230
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$107,960$186,190▲ $78,230
Total Liabilities and Net Assets / Fund Balance$107,960$186,190▲ $78,230
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andy IckenChairman/President of Board
Deanea LefloreExecutive Director
Richard CampoSecretary
Galen CobbTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$543,537
Investment Income
$0
Other Revenue
$605
Change in Net Assets
$78,230
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$461,762
Grants and Similar Amounts Paid$4,150
Total Fundraising Expense$719
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$406,105$2,872$585$409,562
Travel$11,846$9,754-$21,600
Fees for Services Other$6,080$1,273-$7,353
Fees for Services Accounting-$6,137-$6,137
Conferences and Meetings$4,628$200-$4,828
Grants to Domestic Orgs$4,150--$4,150
Insurance-$800-$800
Other Expenses$622$45$74$741
Office Expenses-$396-$396
Total Functional Expenses$443,448$21,745$719$465,912
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

the houston airport system, an enterprise fund of the city of houston, was delgated direct control over how the funds were spent related to the consular ball.

form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the governing body and officers for input/questions. Upon approval, form 990 is then filed with the IRS.

Form 990, part VI, section B, line 12C

The governing body and officers are asked to disclose conflicts as they arise and consider such conflicts at least on an annual basis. Any known conflicts are brought to the governing body for discussion and to remedy any conflicts.

Form 990, part VI, section C, line 19

The organization's documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Houston International Initiatives
EIN
80-0902020
In Care Of
% DAVID HAWES
Phone
8323930700
Address
901 BAGBY STREET FLOOR 4, HOUSTON, TX 77002

Signing Officer

Name
David Hawes
Title
Executive Director
Phone
7138601400
Signed
2016-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hawes
Formed
2012
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Pannell Kerr Forster of Texas PC
Address
5847 San Felipe Suite 2400, Houston, TX 77057-3092
Preparer
J Del Walker
Phone
7138601400
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 24 - Other Expenses

Description:web and computer expenses total expenses:1270 program services:181 management and general:962 fundraising:127

Form 990 Part IX Line 24 - Other Expenses

Description:other supplies total expenses:4651 program services:3240 management and general:953 fundraising:458

Form 990 Part IX Line 24 - Other Expenses

Description:transportation total expenses:112920 program services:112279 management and general:641

Form 990 Part IX Line 24 - Other Expenses

Description:other expenses total expenses:3685 program services:3428 management and general:257

Form 990 Part IX Line 24 - Other Expenses

Description:audio, visual, & meeting total expenses:280162 program services:280162

Form 990 Part IX Line 24 - Other Expenses

Description:food & beverage total expenses:6874 program services:6815 management and general:59

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0the houston airport system, an enterprise fund of the city of houston, was delgated direct control over how the funds were spent related to the consular ball.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by the governing body and officers for input/questions. Upon approval, form 990 is then filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing body and officers are asked to disclose conflicts as they arise and consider such conflicts at least on an annual basis. Any known conflicts are brought to the governing body for discussion and to remedy any conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:WEB AND COMPUTER EXPENSES TOTAL EXPENSES:1270 PROGRAM SERVICES:181 MANAGEMENT AND GENERAL:962 FUNDRAISING:127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:OTHER SUPPLIES TOTAL EXPENSES:4651 PROGRAM SERVICES:3240 MANAGEMENT AND GENERAL:953 FUNDRAISING:458
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:TRANSPORTATION TOTAL EXPENSES:112920 PROGRAM SERVICES:112279 MANAGEMENT AND GENERAL:641
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:OTHER EXPENSES TOTAL EXPENSES:3685 PROGRAM SERVICES:3428 MANAGEMENT AND GENERAL:257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:AUDIO, VISUAL, & MEETING TOTAL EXPENSES:280162 PROGRAM SERVICES:280162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION:FOOD & BEVERAGE TOTAL EXPENSES:6874 PROGRAM SERVICES:6815 MANAGEMENT AND GENERAL:59
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, part VI, section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, part VI, section c, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Sch R pt VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Houston Airport System
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0746001164
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Sch r Prt VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt016930 jfk boulevard
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0houston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd077032
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IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0Primary Activity of Houston Airport System: To provide a safe and dynamic air services network that fosters economic vitality for the transportation industry and facilitates a strong level of global connectivity for the greater Houston region.
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt1Direct control of Houston Airport System: The City of Houston (Department of Aviation) operates and maintains the Houston Airport System.
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt2Houston Airport System Transaction type(s) M & S: On October 18, 2014, Houston International Inititaves held its annual Houston Consular Ball. The Houston Airport System, an enterprise fund of the city of houston, supervised and had direct control over how the expenses were allocated related to the event. The value of the event services provided is estimated to be $30,000. Further, the houston airport system contributed $25,000 to the event.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule R Part II Column B
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule R Part II Column F
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule R Part V Line 2
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt030000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt125000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Sch R Prt VII
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Sch R Prt VII
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Houston Airport System
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Houston Airport System
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IRS990/TotalAssetsBOYAmt0107960
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