Civic Intelligence

Astrodome Conservancy

990 • Fiscal year 2018 • EIN 81-3660137

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

2726 Bissonnet St 240-417Houston, TX 77005

(713) 261-8241

Siviq Scores

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

Liabilities / Assets

88th percentile

0.37x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

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

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

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

Top Officer Pay

99th percentile

$140,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 41.5% of source-year revenue.

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

Asset Growth

91st percentile

109%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

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

Assets

Up

$134,431

Up $69,970 (+109%) from 2017

Net Assets

Up

$84,119

Up $102,052 (+569%) from 2017

Liabilities

Down

$50,312

Down $32,082 (-39%) from 2017

Revenue

Up

$337,687

Up $108,648 (+47%) from 2017

Expenses

Down

$235,635

Down $11,337 (-4.6%) from 2017

Net Income

Up

$102,052

Up $119,985 (+669%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2017: $64,461Liabilities 2017: $82,394Net Assets 2017: -$17,9332017Assets 2018: $134,431Liabilities 2018: $50,312Net Assets 2018: $84,1192018Assets 2019: $16,621Liabilities 2019: $22,500Net Assets 2019: -$5,8792019Assets 2020: $9,757Net Assets 2020: $9,7572020Assets 2021: $43,383Liabilities 2021: $32,831Net Assets 2021: $10,5522021Assets 2022: $55,595Liabilities 2022: $13,436Net Assets 2022: $42,1592022Assets 2023: $166,378Liabilities 2023: $35,815Net Assets 2023: $130,5632023Assets 2024: $65,547Liabilities 2024: $8,284Net Assets 2024: $57,2632024

Highlighted filing

2018

Assets$134,431
Liabilities$50,312
Net Assets$84,119

Operations Trend

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

$400K$200K$0-$200KRevenue 2017: $229,039Expenses 2017: $246,972Net Income 2017: -$17,9332017Revenue 2018: $337,687Expenses 2018: $235,635Net Income 2018: $102,0522018Revenue 2019: $51,308Expenses 2019: $141,306Net Income 2019: -$89,9982019Revenue 2020: $91,855Expenses 2020: $76,219Net Income 2020: $15,6362020Revenue 2021: $176,270Expenses 2021: $175,475Net Income 2021: $7952021Revenue 2022: $171,991Expenses 2022: $140,384Net Income 2022: $31,6072022Revenue 2023: $266,400Expenses 2023: $177,996Net Income 2023: $88,4042023Revenue 2024: $159,040Expenses 2024: $232,340Net Income 2024: -$73,3002024

Highlighted filing

2018

Revenue$337,687
Expenses$235,635
Net Income$102,052
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.2
Gross Receipts
$337,687
Mission and Program Overview

Mission

The Astrodome Conservancy was founded in 2016 to assist Harris County in rehabilitating the Houston Astrodome in a manner that offers education, recreation, and inspiration in a dynamic setting for the Countys citizens and visitors.

The Astrodome Conservancy was founded in 2016 to assist Harris County in redeveloping the landmark Astrodome as a dynamic and accessible destination for the County's citizens and visitors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$54,000$113,564▲ $59,564
Rtn Earn Endowment Incm Other Fnds$-17,933$84,119▲ $102,052
Cash and Non-Interest-Bearing Accounts$9,627$11,988▲ $2,361
Accounts Receivable-$8,037-
Savings and Temporary Cash Investments$834$842▲ $8
Other Notes and Loans Receivable, Net-$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$64,461$134,431▲ $69,970
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$82,394$50,312▼ $32,082
Total Liabilities$82,394$50,312▼ $32,082
Net Assets / Fund Balance
Total Net Assets Fund Balance$-17,933$84,119▲ $102,052
Total Liabilities and Net Assets / Fund Balance$64,461$134,431▲ $69,970
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margaret LawlerED to 3/2/18FT$140,000$140,000

Board Members and Trustees

NameTitle
Phoebe TudorChairman
Claire Cormier ThielkeDirector
Ed WulfeDirector
Linda SylvanDirector
Philamena BairdDirector
Truett LatimerDirector
Welcome Wilson SrDirector
Beth Wiedower JacksonDirector & ED 3/5/18
Judy NyquistSecretary
Minnette BoeselVice Ch/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$337,679
Program Service Revenue
$0
Investment Income
$8
Other Revenue
$0
All Other Contributions
$337,679
Change in Net Assets
$102,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$132,000
Other Expenses$103,635
Total Fundraising Expense$30,269
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$32,000$80,000$20,000$132,000
Other Expenses$53,649-$9,467$63,116
Fees for Services Other$29,934--$29,934
Insurance-$3,158-$3,158
Office Expenses-$2,300$454$2,754
Fees for Services Accounting-$2,500-$2,500
Advertising-$1,785-$1,785
Conferences and Meetings--$348$348
Travel-$40-$40
Total Functional Expenses$115,583$89,783$30,269$235,635
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
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Part VI, Line 4: Description of Significant Changes to Organizational Documents

In May 2018, the Astrodome Conservancy Board of Directors approved an amendment to the organization's bylaws expanding the maximum number of sitting board members at any given time from 18 to 30. This move was predicated on a desire to grow the organization and to ensure diversity among board members and leadership.

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

The Form is reviewed by the Executive Director and presented to the governing body prior to filing.

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

The conflict of interest policy is monitored by having each Board Member sign a statement once a year affirming that they have read, understood and agreed to comply with the policy. Any potential conflicts are reviewed by all disinterested board members in accordance with the policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation for the executive director is based on similar work performed by similarly experienced professionals in the Houston non-profit community, taking into account that no benefits (employment taxes, health/life insurance, retirement accounts, etc.) are provided by the Astrodome Conservancy.

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

Upon request

Filing and Contact Details

Filer

Filer Name
Astrodome Conservancy
EIN
81-3660137
Phone
7132618241
Address
2726 Bissonnet St 240-417, Houston, TX 77005

Signing Officer

Name
Phoebe Tudor
Title
Chairman
Signed
2019-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phoebe Tudor
Formed
2016
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
14

Preparer

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

Additional Explanations

Form 990, Part III, Line 2: New Services

"Domecoming event, held on the 53rd anniversary of the opening event in the Astrodome, invited the general public inside the Astrodome one final time before renovations and redevelopment begin to transform the Astrodome into a new public venue and profitable facility for Harris County. The Astrodome Conservancy also engaged in a year-long strategic planning process to guide the direction and programming of the organization for the next three years. The resulting Astrodome Conservancy Strategic Plan, 2019 - 2021, outlines specific objectives, goals, strategies, and tactics for building the capacity and impact of the Astrodome Conservancy as we work towards our mission.

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IRS990/OtherExpensesGrp/Desc0Domecoming event
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Astrodome Conservancy engaged in a year-long strategic planning process to guide the direction and programming of the organization for the next three years. The resulting Astrodome Conservancy Strategic Plan, 2019 - 2021, outlines specific objectives, goals, strategies, and tactics for building the capacity and impact of the Astrodome Conservancy as we work towards our mission.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0"Domecoming event, held on the 53rd anniversary of the opening event in the Astrodome, invited the general public inside the Astrodome one final time before renovations and redevelopment begin to transform the Astrodome into a new public venue and profitable facility for Harris County. The Astrodome Conservancy also engaged in a year-long strategic planning process to guide the direction and programming of the organization for the next three years. The resulting Astrodome Conservancy Strategic Plan, 2019 - 2021, outlines specific objectives, goals, strategies, and tactics for building the capacity and impact of the Astrodome Conservancy as we work towards our mission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1In May 2018, the Astrodome Conservancy Board of Directors approved an amendment to the organization's bylaws expanding the maximum number of sitting board members at any given time from 18 to 30. This move was predicated on a desire to grow the organization and to ensure diversity among board members and leadership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form is reviewed by the Executive Director and presented to the governing body prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The conflict of interest policy is monitored by having each Board Member sign a statement once a year affirming that they have read, understood and agreed to comply with the policy. Any potential conflicts are reviewed by all disinterested board members in accordance with the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation for the executive director is based on similar work performed by similarly experienced professionals in the Houston non-profit community, taking into account that no benefits (employment taxes, health/life insurance, retirement accounts, etc.) are provided by the Astrodome Conservancy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2: New Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02726 Bissonnet St 240-217
IRS990/USAddress/CityNm0Houston
IRS990/USAddress/StateAbbreviationCd0TX
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IRS990/WebsiteAddressTxt0www.AstrodomeConservancy.org
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Phoebe Tudor
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Astrodome Conservancy

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