Civic Intelligence

Communities for Good Fund

990 • Fiscal year 2019 • EIN 81-3546737

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

PO Box 231808Houston, TX 77223

(713) 667-9400

Siviq Scores

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

Liabilities / Assets

89th percentile

0.88x

Higher debt load relative to assets than 89% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

6.97x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

63rd percentile

$217,454

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

19th percentile

-3.5%

Faster asset growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

202%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$20,480,085

Down $751,347 (-3.5%) from 2018

Net Assets

Up

$2,557,016

Up $489,363 (+24%) from 2018

Liabilities

Down

$17,923,069

Down $1,240,710 (-6.5%) from 2018

Revenue

Up

$2,572,800

Up $1,720,168 (+202%) from 2018

Expenses

Up

$2,083,437

Up $1,407,659 (+208%) from 2018

Net Income

Up

$489,363

Up $312,509 (+177%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2016: $1Liabilities 2016: $02016Assets 2017: $22,621,025Liabilities 2017: $20,730,226Net Assets 2017: $1,890,7992017Assets 2018: $21,231,432Liabilities 2018: $19,163,779Net Assets 2018: $2,067,6532018Assets 2019: $20,480,085Liabilities 2019: $17,923,069Net Assets 2019: $2,557,0162019Assets 2020: $20,510,519Liabilities 2020: $17,972,565Net Assets 2020: $2,537,9542020Assets 2021: $20,564,855Liabilities 2021: $18,039,132Net Assets 2021: $2,525,7232021Assets 2022: $20,612,182Liabilities 2022: $18,105,698Net Assets 2022: $2,506,4842022Assets 2023: $20,616,968Liabilities 2023: $18,172,264Net Assets 2023: $2,444,7042023Assets 2024: $0Liabilities 2024: $6,726,575Net Assets 2024: -$6,726,5752024

Highlighted filing

2019

Assets$20,480,085
Liabilities$17,923,069
Net Assets$2,557,016

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $1,891,593Expenses 2017: $794Net Income 2017: $1,890,7992017Revenue 2018: $852,632Expenses 2018: $675,778Net Income 2018: $176,8542018Revenue 2019: $2,572,800Expenses 2019: $2,083,437Net Income 2019: $489,3632019Revenue 2020: $2,105,750Expenses 2020: $2,124,812Net Income 2020: -$19,0622020Revenue 2021: $2,146,890Expenses 2021: $2,159,121Net Income 2021: -$12,2312021Revenue 2022: $2,249,522Expenses 2022: $2,268,761Net Income 2022: -$19,2392022Revenue 2023: $2,240,172Expenses 2023: $2,255,202Net Income 2023: -$15,0302023Revenue 2024: $2,763,074Expenses 2024: $2,246,671Net Income 2024: $516,4032024

Highlighted filing

2019

Revenue$2,572,800
Expenses$2,083,437
Net Income$489,363
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$2,572,800
Mission and Program Overview

Mission

Support BakerRipley

Support BakerRipley by constructing and leasing a new office building for BakerRipley's central office operations and programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,193,883$18,750,194▼ $443,689
Cash and Non-Interest-Bearing Accounts$2,037,549$1,412,976▼ $624,573
Accounts Receivable-$3,785-
Savings and Temporary Cash Investments-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$21,231,432$20,480,085▼ $751,347
Other Assets Total-$313,130-
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,839,433$17,905,999▲ $66,566
Other Liabilities$1,305,901--
Accounts Payable and Accrued Expenses$18,445$17,070▼ $1,375
Total Liabilities$19,163,779$17,923,069▼ $1,240,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,067,653$2,049,633▼ $18,020
Net Assets With Donor Restrictions-$507,383-
Total Net Assets Fund Balance$2,067,653$2,557,016▲ $489,363
Total Liabilities and Net Assets / Fund Balance$21,231,432$20,480,085▼ $751,347

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,200,218$648,009$16,848,227
Land$2,232,074-$2,232,074
Other Land Buildings$317,902$109,862$427,764
Compensation and Service Providers

Board Members and Trustees

NameTitle
H Rene SolisPresident
David HainesSecretary
Kirk RummelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$507,383
Program Service Revenue
$2,065,417
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$489,363

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,572,800
Total Revenue per Audited Statements
$2,572,800
Total Revenue per Form 990
$2,572,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,209,917
Grants and Similar Amounts Paid$873,520
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$873,520--$873,520
Interest$686,650--$686,650
Depreciation Depletion$505,247--$505,247
Fees for Services Other-$10,000-$10,000
Fees for Services Accounting-$8,020-$8,020
Total Functional Expenses$2,065,417$18,020$0$2,083,437

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,083,437
Total Expenses per Audited Statements$2,083,437
Total Expenses per Form 990$2,083,437
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
BakerRipleyHouston, TX501(c)(3)General support$873,520
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 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
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

The board members are employed as senior management by BakerRipley, the sole member of Communities for Good Fund, Inc.

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

The sole member of the corporation is BakerRipley.

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

Each director shall be elected by an affirmative vote of the sole member, BakerRipley, and a majority of the current Board of Directors.

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

As sole member, BakerRipley is entitled to one vote on each matter submitted to a vote by the Board of Directors at a member meeting. The Board of Directors has the discretion to decide which, if any, matters will be submitted to the member for a vote, except that the following decisions will always be submitted to the membership for a vote: dissolution of the Corporation, merger or consolidation with another corporation, sale of substantially all the Corporation's assets and most amendments to the Corporation's Certificate of Formation.

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

Prior to filing, Form 990 is reviewed by BakerRipley's CFO and Controller. A copy of the return is provided to all board members prior to filing.

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

As stated in the Agency's Board of Directors Policies, "Each Board Member must disclose any relationship from which a conflict may arise. A Board Member who fails to disclose a potential conflict of interest, after allowed the opportunity to provide an explanation, will be subject to appropriate disciplinary action should the Board find the member negligent in his/her duties." Board Members, Officers and certain employees are required to complete an Annual Disclosure Statement to report all actual, perceived and potential conflicts of interest that have arisen as a result of their service or employment with the Agency. The Annual Disclosure Statement must be completed and returned in a timely manner. Board Members, Officers and certain employees are also required to provide notice to the President & CEO of actual, perceived or potential conflicts of interest as they occur throughout the year. The Board, or a Committee so designated, periodically reviews conflicts of interest for continued approval.

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

Communities for Good Fund Inc. will provide information to the public upon request in compliance with the Open Records Act.

Filing and Contact Details

Filer

Filer Name
Communities for Good Fund Inc
EIN
81-3546737
Phone
7136679400
Address
PO Box 231808, Houston, TX 77223

Signing Officer

Name
Kirk Rummel
Title
Treasurer
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kirk Rummel
Formed
2016
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
3

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0648009
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IRS990ScheduleD/ExpensesSubtotalAmt02083437
IRS990ScheduleD/LandGrp/BookValueAmt02232074
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02232074
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0317902
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0109862
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0427764
IRS990ScheduleD/RevenueSubtotalAmt02572800
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IRS990ScheduleD/TotalExpensesPerForm990Amt02083437
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BakerRipley
IRS990ScheduleI/RecipientTable/RecipientEIN0237062976
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 231808
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Houston
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Communities for Good Fund makes grants to its supported organization, BakerRipley. The close relationship between the organizations serves to monitor the use of the funds.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1181008
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2180749
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt27230
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt04262
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt19343
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt29343
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt011735
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt117922
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt220132
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0David Haines
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1H Rene Solis
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Kirk Rummel
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0188326
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1215513
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2217454
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board members are employed as senior management by BakerRipley, the sole member of Communities for Good Fund, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The sole member of the corporation is BakerRipley.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each director shall be elected by an affirmative vote of the sole member, BakerRipley, and a majority of the current Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3As sole member, BakerRipley is entitled to one vote on each matter submitted to a vote by the Board of Directors at a member meeting. The Board of Directors has the discretion to decide which, if any, matters will be submitted to the member for a vote, except that the following decisions will always be submitted to the membership for a vote: dissolution of the Corporation, merger or consolidation with another corporation, sale of substantially all the Corporation's assets and most amendments to the Corporation's Certificate of Formation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Prior to filing, Form 990 is reviewed by BakerRipley's CFO and Controller. A copy of the return is provided to all board members prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5As stated in the Agency's Board of Directors Policies, "Each Board Member must disclose any relationship from which a conflict may arise. A Board Member who fails to disclose a potential conflict of interest, after allowed the opportunity to provide an explanation, will be subject to appropriate disciplinary action should the Board find the member negligent in his/her duties." Board Members, Officers and certain employees are required to complete an Annual Disclosure Statement to report all actual, perceived and potential conflicts of interest that have arisen as a result of their service or employment with the Agency. The Annual Disclosure Statement must be completed and returned in a timely manner. Board Members, Officers and certain employees are also required to provide notice to the President & CEO of actual, perceived or potential conflicts of interest as they occur throughout the year. The Board, or a Committee so designated, periodically reviews conflicts of interest for continued approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Communities for Good Fund Inc. will provide information to the public upon request in compliance with the Open Records Act.
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
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BakerRipley
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NCI Community Fund Inc
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Social Services
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Charitable and Educational Purposes
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt17
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO Box 231808
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Houston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Houston
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd1772231808
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IRS990/TotalAssetsBOYAmt021231432
IRS990/TotalAssetsEOYAmt020480085
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