Civic Intelligence

Texas Education and Research Foundation for Shoulder & Elbow Su

990EZ • Fiscal year 2019 • EIN 82-1438713

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 22, 2020

Organization ProfileN/A
7401 South Main StHouston, TX 77030

(713) 799-2300

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

8th percentile

-52%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

8th percentile

-55%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

14th percentile

-37%

Faster revenue growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$21,822

Down $26,172 (-55%) from 2018

Net Assets

Down

$20,917

Down $26,046 (-55%) from 2018

Liabilities

Down

$905

Down $126 (-12%) from 2018

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin8th percentile

Revenue

Down

$50,325

Down $30,175 (-37%) from 2018

Expenses

Down

$76,371

Down $5,914 (-7.2%) from 2018

Net Income

Down

-$26,046

Down $24,261 (-1359%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$100K$50K$0Assets 2017: $49,779Liabilities 2017: $1,0312017Assets 2018: $47,994Liabilities 2018: $1,031Net Assets 2018: $46,9632018Assets 2019: $21,822Liabilities 2019: $905Net Assets 2019: $20,9172019Assets 2020: $11,446Net Assets 2020: $11,4462020Assets 2021: $20,692Net Assets 2021: $20,6922021Assets 2022: $87,303Net Assets 2022: $87,3032022Assets 2023: $87,303Liabilities 2023: $02023Assets 2024: $58,711Net Assets 2024: $58,7112024

Highlighted filing

2019

Assets$21,822
Liabilities$905
Net Assets$20,917
Open 2019 Filing

Operations Trend

Revenue Growth14th percentile

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

$200K$100K$0-$100KRevenue 2017: $89,049Expenses 2017: $40,301Net Income 2017: $48,7482017Revenue 2018: $80,500Expenses 2018: $82,285Net Income 2018: -$1,7852018Revenue 2019: $50,325Expenses 2019: $76,371Net Income 2019: -$26,0462019Revenue 2020: $73,800Expenses 2020: $83,272Net Income 2020: -$9,4722020Revenue 2021: $92,100Expenses 2021: $82,854Net Income 2021: $9,2462021Revenue 2022: $138,654Expenses 2022: $72,043Net Income 2022: $66,6112022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $58,080Expenses 2024: $135,089Net Income 2024: -$77,0092024

Highlighted filing

2019

Revenue$50,325
Expenses$76,371
Net Income-$26,046
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 22, 2020
Return Version
2019v5.0
Gross Receipts
$50,325
Mission and Program Overview

Mission

Education and medical research

Program Services

DescriptionGrantsExpenses
THE ORGANZIATION PROVIDES LOCAL, NATIONAL AND INTERNATIONAL ORTHOPEDIC EDUCATION AND RESEARCH WITH AN EMPHASIS ON SHOULDER AND ELBOW EDUCATION AND RESEARCH TO IMPROVE PATIENT CARE AND ADVANCE THE FIELD OF ORTHOPEDIC SURGERY-$76,371
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HUSSEIN ELKOUSY MDPresident-$0--
T BRADLEY EDWARDS MDDirector-$0--
BRENT MORRIS MDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Texas Education & Research Foundati
EIN
82-1438713
Phone
7137992300
Address
7401 SOUTH MAIN ST, HOUSTON, TX 77030

Signing Officer

Name
Hussein Elkousy Md
Title
President
Phone
8322899423
Signed
2020-06-22

Preparer

Firm
Reimer Mcguinness & Associates Pc
Address
6610 MALIBU DR, HOUSTON, TX 77092
Preparer
Thomas Mcguinness CPA
Phone
7135903000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses conferences/meetings 4,454 fellow wages 65,933 dues 175 license 1,699 fellowship application 1,030 fellow graduation 1,189 total 74,480”

Form 990-ez, Part II, Line 26

“Due fondren orthopedic group 1,031 905”

Form 990-ez, Part III, Line 28

“The organziation provides local, national and international orthopedic education and research with an emphasis on shoulder and elbow education and research to improve patient care and advance the field of orthopedic surgery”

Raw XML Appendix142 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0HUSSEIN ELKOUSY
IRS990EZ/BooksInCareOfDetail/PhoneNum07137992300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07401 MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0770304509
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt047994
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021822
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt050325
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-26046
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01869
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt047994
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021822
IRS990EZ/GrossReceiptsAmt050325
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt046963
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020917
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt046963
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020917
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HUSSEIN ELKOUSY MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1T BRADLEY EDWARDS MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRENT MORRIS MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt074480
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION AND MEDICAL RESEARCH
IRS990EZ/PrintingPublicationsPostageAmt022
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANZIATION PROVIDES LOCAL, NATIONAL AND INTERNATIONAL ORTHOPEDIC EDUCATION AND RESEARCH WITH AN EMPHASIS ON SHOULDER AND ELBOW EDUCATION AND RESEARCH TO IMPROVE PATIENT CARE AND ADVANCE THE FIELD OF ORTHOPEDIC SURGERY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt076371
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01031
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0905
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt076371
IRS990EZ/TotalProgramServiceExpensesAmt076371
IRS990EZ/TotalRevenueAmt050325
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt050325
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt080500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt055000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0185825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt034049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt034049
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0163874
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt06000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt056000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt06000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt056000
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt050325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt080500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt089049
IRS990ScheduleA/Total509Grp/TotalAmt0219874
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt050325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt080500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt089049
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0219874
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES CONFERENCES/MEETINGS 4,454 FELLOW WAGES 65,933 DUES 175 LICENSE 1,699 FELLOWSHIP APPLICATION 1,030 FELLOW GRADUATION 1,189 TOTAL 74,480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE FONDREN ORTHOPEDIC GROUP 1,031 905
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANZIATION PROVIDES LOCAL, NATIONAL AND INTERNATIONAL ORTHOPEDIC EDUCATION AND RESEARCH WITH AN EMPHASIS ON SHOULDER AND ELBOW EDUCATION AND RESEARCH TO IMPROVE PATIENT CARE AND ADVANCE THE FIELD OF ORTHOPEDIC SURGERY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HUSSEIN ELKOUSY MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08322899423
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXAS EDUCATION & RESEARCH FOUNDATI
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOR SHOULDER & ELBOW SURGERY INC
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0821438713
ReturnHeader/Filer/PhoneNum07137992300
ReturnHeader/Filer/USAddress/AddressLine1Txt07401 SOUTH MAIN ST
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077030
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0176F4B2F9FB8C90898AEDC0EFFAC313CB796CD45
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02666F665C5A22889AB48541EB998CA3C2620266A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt040.84.215.20
ReturnHeader/FilingSecurityInformation/IPDt02020-08-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:04:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205548240
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REIMER MCGUINNESS & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06610 MALIBU DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077092
ReturnHeader/PreparerPersonGrp/PhoneNum07135903000
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS MCGUINNESS CPA
ReturnHeader/ReturnTs02020-08-25T12:04:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,822
Liabilities
$905
Net assets
$20,917
Revenue
$50,325
Expenses
$76,371
Net income
-$26,046
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.59$0.59$0.58$1.35$0.77
2023Summary only. Only limited summary data is available for this year.$0.87$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.87$1.39$0.72$0.67
2021Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.92$0.83$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.74$0.83$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.50$0.76$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.47$0.81$0.82$0.02
2017Summary only. Only limited summary data is available for this year.$0.50$0.01$0.89$0.40$0.49