Civic Intelligence

Texas Education and Research Foundation for Shoulder & Elbow Su

990EZ • Fiscal year 2018 • EIN 82-1438713

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 21, 2019

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

68th percentile

0.02x

Higher debt load relative to assets than 68% 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

35th percentile

-2.2%

Higher net margin than 35% 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

38th percentile

-3.6%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

34th percentile

-9.6%

Faster revenue growth than 34% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$47,994

Down $1,785 (-3.6%) from 2017

Net Assets

$46,963

No earlier filing loaded for comparison.

Liabilities

Flat

$1,031

Flat from 2017

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin35th percentile

Revenue

Down

$80,500

Down $8,549 (-9.6%) from 2017

Expenses

Up

$82,285

Up $41,984 (+104%) from 2017

Net Income

Down

-$1,785

Down $50,533 (-104%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth38th 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

2018

Assets$47,994
Liabilities$1,031
Net Assets$46,963
Open 2018 Filing

Operations Trend

Revenue Growth34th 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

2018

Revenue$80,500
Expenses$82,285
Net Income-$1,785
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 21, 2019
Return Version
2018v3.1
Gross Receipts
$80,500
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-$82,285
Compensation and Service Providers
Top Officer Pay76th 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
2019-10-21

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 office 9,000 travel 2,885 conferences/meetings 1,789 charitable contributoin 1,000 dues 175 license 762 medical research 7,300 total 22,911”

Form 990-ez, Part II, Line 26

“Due fondren orthopedic group 1,031 1,031”

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 Appendix130 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0770304509
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049779
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047994
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRENT MORRIS MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt022911
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION AND MEDICAL RESEARCH
IRS990EZ/PrintingPublicationsPostageAmt0313
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/ProgramServiceExpensesAmt082285
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt055937
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01031
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt082285
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IRS990EZ/TotalRevenueAmt080500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt080500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt055000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0135500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt034049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt034049
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0119549
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt050000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt050000
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt080500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt089049
IRS990ScheduleA/Total509Grp/TotalAmt0169549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt080500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt089049
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0169549
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 9,000 TRAVEL 2,885 CONFERENCES/MEETINGS 1,789 CHARITABLE CONTRIBUTOIN 1,000 DUES 175 LICENSE 762 MEDICAL RESEARCH 7,300 TOTAL 22,911
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE FONDREN ORTHOPEDIC GROUP 1,031 1,031
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/BuildTS02020-01-14 16:20:31Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08322899423
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-21
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
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077092
ReturnHeader/PreparerPersonGrp/PhoneNum07135903000
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS MCGUINNESS CPA
ReturnHeader/ReturnTs02019-10-24T14:01:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,994
Liabilities
$1,031
Net assets
$46,963
Revenue
$80,500
Expenses
$82,285
Net income
-$1,785
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