Civic Intelligence

Hmg Cares Foundation

990EZ • Fiscal year 2018 • EIN 81-3931171

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

1780 Hughes Landing Blvd Suite 500The Woodlands, TX 77380

(281) 419-5520

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

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

Net Margin

62nd percentile

9.2%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

75th percentile

23%

Faster revenue growth than 75% of similar nonprofits.

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

Assets

Up

$62,281

Up $6,812 (+12%) from 2017

Net Assets

Up

$61,281

Up $7,857 (+15%) from 2017

Liabilities

Down

$1,000

Down $1,045 (-51%) from 2017

Revenue

Up

$85,474

Up $16,079 (+23%) from 2017

Expenses

Up

$77,617

Up $61,646 (+386%) from 2017

Net Income

Down

$7,857

Down $45,567 (-85%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $125Liabilities 2016: $125Net Assets 2016: $02016Assets 2017: $55,469Liabilities 2017: $2,045Net Assets 2017: $53,4242017Assets 2018: $62,281Liabilities 2018: $1,000Net Assets 2018: $61,2812018Assets 2019: $94,036Liabilities 2019: $1,831Net Assets 2019: $92,2052019Assets 2020: $120,407Liabilities 2020: $1,000Net Assets 2020: $119,4072020Assets 2021: $161,473Liabilities 2021: $1,000Net Assets 2021: $160,4732021Assets 2022: $320,797Liabilities 2022: $87,355Net Assets 2022: $233,4422022Assets 2023: $384,912Liabilities 2023: $0Net Assets 2023: $384,9122023Assets 2024: $457,088Liabilities 2024: $0Net Assets 2024: $457,0882024

Highlighted filing

2018

Assets$62,281
Liabilities$1,000
Net Assets$61,281

Operations Trend

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

$300K$200K$100K$0Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $69,395Expenses 2017: $15,971Net Income 2017: $53,4242017Revenue 2018: $85,474Expenses 2018: $77,617Net Income 2018: $7,8572018Revenue 2019: $101,905Expenses 2019: $70,981Net Income 2019: $30,9242019Revenue 2020: $72,818Expenses 2020: $45,616Net Income 2020: $27,2022020Revenue 2021: $140,590Expenses 2021: $99,524Net Income 2021: $41,0662021Revenue 2022: $178,228Expenses 2022: $106,259Net Income 2022: $71,9692022Revenue 2023: $179,085Expenses 2023: $129,961Net Income 2023: $49,1242023Revenue 2024: $209,729Expenses 2024: $137,553Net Income 2024: $72,1762024

Highlighted filing

2018

Revenue$85,474
Expenses$77,617
Net Income$7,857
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$85,474
Mission and Program Overview

Mission

The mission of hmg cares foundation is to assist team members and communities in which they serve who are affected by hardship due to events beyond their control. These individuals have experienced hurricane harvey, life threatening illnesses and death.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION HAS ALREADY HOSTED SEVERAL EVENTS AND RAISED CLOSE TO $85,500 IN DONATIONS. USING $50,000 OF THE MONEY RAISED, THE FOUNDATION HAS BEEN ABLE TO LEND A HELPING HAND TO 23 INDIVIDUALS WHO HAVE EXPERIENCED HURRICANE HARVEY, LIFE THREATENING ILLNESSES AND DEATH.$85,474$77,617
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEREK PRINCEPresident-$0--
WAYNE CULPSecretary-$0--
LAURENCE DASPITTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Hmg Cares Foundation
EIN
81-3931171
Phone
2814195520
Address
1780 HUGHES LANDING BLVD SUITE 500, THE WOODLANDS, TX 77380

Signing Officer

Name
Derek Prince
Title
President
Phone
2814195520
Signed
2019-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Drucker & Scaccetti Pc
Address
1600 MARKET STREET SUITE 3300, PHILADELPHIA, PA 19103
Preparer
Steven R Rossman CPA
Phone
2156653960
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: relief funds distributed to employees. Grantee name: various individuals. Amount given: 49,750.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: administrative services. Amount: 1,386. Description: advertising. Amount: 2,856. Description: supplies. Amount: 1,162. Description: license & permits. Amount: 125. Description: activites. Amount: 12,563. Description: travel & lodging. Amount: 1,040. Description: event costs. Amount: 2,994. Total to form 990-ez, line 16: 22,126.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable - other. Beg. Of year amount: 0. End of year amount: 1,434.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accrued taxes. Beg. Of year amount: 125. End of year amount: 0. Description: accounts payable. Beg. Of year amount: 920. End of year amount: 0. Description: due to hmg healthcare llc. Beg. Of year amount: 1,000. End of year amount: 1,000.

Raw XML Appendix163 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DEREK L PRINCE
IRS990EZ/BooksInCareOfDetail/PhoneNum02814195520
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01780 HUGHES LANDING BLVD SUITE 500
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0THE WOODLANDS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077380
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt055469
IRS990EZ/Form990TotalAssetsGrp/EOYAmt062281
IRS990EZ/GrantsAndSimilarAmountsPaidAmt049750
IRS990EZ/GrossReceiptsAmt085474
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt053424
IRS990EZ/NetAssetsOrFundBalancesEOYAmt061281
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt053424
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt061281
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DEREK PRINCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WAYNE CULP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LAURENCE DASPIT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01434
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt022126
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF HMG CARES FOUNDATION IS TO ASSIST TEAM MEMBERS AND COMMUNITIES IN WHICH THEY SERVE WHO ARE AFFECTED BY HARDSHIP DUE TO EVENTS BEYOND THEIR CONTROL. THESE INDIVIDUALS HAVE EXPERIENCED HURRICANE HARVEY, LIFE THREATENING ILLNESSES AND DEATH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION HAS ALREADY HOSTED SEVERAL EVENTS AND RAISED CLOSE TO $85,500 IN DONATIONS. USING $50,000 OF THE MONEY RAISED, THE FOUNDATION HAS BEEN ABLE TO LEND A HELPING HAND TO 23 INDIVIDUALS WHO HAVE EXPERIENCED HURRICANE HARVEY, LIFE THREATENING ILLNESSES AND DEATH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt085474
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt077617
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02045
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt077617
IRS990EZ/TotalRevenueAmt085474
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt085474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt069395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0154869
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0154869
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt085474
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt069395
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0154869
IRS990ScheduleA/TotalSupportAmt0154869
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: RELIEF FUNDS DISTRIBUTED TO EMPLOYEES. GRANTEE NAME: VARIOUS INDIVIDUALS. AMOUNT GIVEN: 49,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADMINISTRATIVE SERVICES. AMOUNT: 1,386. DESCRIPTION: ADVERTISING. AMOUNT: 2,856. DESCRIPTION: SUPPLIES. AMOUNT: 1,162. DESCRIPTION: LICENSE & PERMITS. AMOUNT: 125. DESCRIPTION: ACTIVITES. AMOUNT: 12,563. DESCRIPTION: TRAVEL & LODGING. AMOUNT: 1,040. DESCRIPTION: EVENT COSTS. AMOUNT: 2,994. TOTAL TO FORM 990-EZ, LINE 16: 22,126.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE - OTHER. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,434.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCRUED TAXES. BEG. OF YEAR AMOUNT: 125. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 920. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE TO HMG HEALTHCARE LLC. BEG. OF YEAR AMOUNT: 1,000. END OF YEAR AMOUNT: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEREK PRINCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02814195520
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HMG CARES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HMGC
ReturnHeader/Filer/EIN0813931171
ReturnHeader/Filer/PhoneNum02814195520
ReturnHeader/Filer/USAddress/AddressLine1Txt01780 HUGHES LANDING BLVD SUITE 500
ReturnHeader/Filer/USAddress/CityNm0THE WOODLANDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077380
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F821929016DC0F48A42118C677E65E4DF9420738
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId076FF2A6BB2396675DA7FC3BECCB7F23E28595D91
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.98.221.242
ReturnHeader/FilingSecurityInformation/IPDt02019-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:08:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232628118
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DRUCKER & SCACCETTI PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01600 MARKET STREET SUITE 3300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019103
ReturnHeader/PreparerPersonGrp/PhoneNum02156653960
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN R ROSSMAN CPA
ReturnHeader/ReturnTs02019-05-15T12:11:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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