Civic Intelligence

Fbwc Rio Bend

990 • Fiscal year 2021 • EIN 83-1388793

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 27, 2022

501 E Highway 90ARichmond, TX 77406

(281) 344-5750

Siviq Scores

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

Liabilities / Assets

41st percentile

0.14x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

43rd percentile

2.12x

Higher debt load relative to revenue than 43% of similar nonprofits.

2021 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2021

Net Margin

48th percentile

12%

Higher net margin than 48% of similar nonprofits.

2021 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$139,703

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 26.8% of source-year revenue.

2021 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2021

Asset Growth

93rd percentile

17%

Faster asset growth than 93% of similar nonprofits.

2021 filings • 501(c)2 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-68%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)2 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$7,681,305

Up $1,114,872 (+17%) from 2020

Net Assets

Up

$6,573,886

Up $61,085 (+0.9%) from 2020

Liabilities

Up

$1,107,419

Up $1,053,787 (+1965%) from 2020

Revenue

Down

$522,184

Down $1,110,502 (-68%) from 2020

Expenses

Up

$461,099

Up $37,627 (+8.9%) from 2020

Net Income

Down

$61,085

Down $1,148,129 (-95%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2019: $5,303,587Liabilities 2019: $0Net Assets 2019: $5,303,5872019Assets 2020: $6,566,433Liabilities 2020: $53,632Net Assets 2020: $6,512,8012020Assets 2021: $7,681,305Liabilities 2021: $1,107,419Net Assets 2021: $6,573,8862021Assets 2022: $8,554,063Liabilities 2022: $1,034,431Net Assets 2022: $7,519,6322022Assets 2023: $10,410,762Liabilities 2023: $651,051Net Assets 2023: $9,759,7112023Assets 2024: $11,722,114Liabilities 2024: $1,516,242Net Assets 2024: $10,205,8722024

Highlighted filing

2021

Assets$7,681,305
Liabilities$1,107,419
Net Assets$6,573,886

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2019: $356,962Expenses 2019: $96,468Net Income 2019: $260,4942019Revenue 2020: $1,632,686Expenses 2020: $423,472Net Income 2020: $1,209,2142020Revenue 2021: $522,184Expenses 2021: $461,099Net Income 2021: $61,0852021Revenue 2022: $1,782,481Expenses 2022: $536,735Net Income 2022: $1,245,7462022Revenue 2023: $2,899,388Expenses 2023: $659,309Net Income 2023: $2,240,0792023Revenue 2024: $1,346,537Expenses 2024: $900,376Net Income 2024: $446,1612024

Highlighted filing

2021

Revenue$522,184
Expenses$461,099
Net Income$61,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 27, 2022
Return Version
2021v4.2
Gross Receipts
$522,184
Mission and Program Overview

Mission

The organization is operated exclusively to further the mission of fort bend county women's center, inc. And to hold title to the rio bend property. Fort bend county women's center, inc. Serves the needs of survivors of domestic violence and sexual assault and their children by providing emergency shelter, crisis intervention, counseling, support services and educational outreach.

Fbwc rio bend is formed with the specific purpose of holding real property on behalf of fort bend county women's center, a 501(c)(3) tax exempt organization whose mission is to assist survivors of domestic violence and sexual assault and their children to achieve safety and self-sufficiency, while striving to prevent violence against women.fbwc rio bend holds real property, "the rio bend community," which furthers the non-profit mission of fort bend county women's center by being the site of up to 64 housing units for survivors of domestic violence and sexual assault and their children. This property is also the site of fort bend county women's center's supportive services offices, from which fort bend county women's center serves not only the residents of rio bend but its approximately 800 other clients, including children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,674,472$7,583,380▲ $1,908,908
Cash and Non-Interest-Bearing Accounts$331,244$95,404▼ $235,840
Prepaid Expenses and Deferred Charges$5,016$2,434▼ $2,582
Accounts Receivable$982$87▼ $895
Total Assets$6,566,433$7,681,305▲ $1,114,872
Other Assets Total$554,719$0▼ $554,719
Liabilities
Deferred Revenue-$756,090-
Other Liabilities$53,632$350,370▲ $296,738
Accounts Payable and Accrued Expenses-$959-
Total Liabilities$53,632$1,107,419▲ $1,053,787
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,882,801$5,943,886▲ $61,085
Net Assets With Donor Restrictions$630,000$630,000→ $0
Total Net Assets Fund Balance$6,512,801$6,573,886▲ $61,085
Total Liabilities and Net Assets / Fund Balance$6,566,433$7,681,305▲ $1,114,872

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,428,929$340,021$7,768,950
Land$142,210-$142,210
Equipment$12,241$13,755$25,996
Compensation and Service Providers

Employees

NameTitleOtherTotal
Vita GoodellChief Executive Officer$139,703$139,703
Donna RamirezChief Financial Officer$97,982$97,982

Board Members and Trustees

NameTitle
Bryan SparksPresident
Stacey KuitheSecretary
Philip DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$175,436
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$346,748
All Other Contributions
$175,436
Change in Net Assets
$61,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$403,976
Salaries, Compensation, and Employee Benefits$57,123
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$180,516
Occupancy---$79,227
Other Salaries and Wages---$45,725
Fees for Services Other---$24,897
Other Employee Benefits---$6,521
Insurance---$5,192
Office Expenses---$4,549
Payroll Taxes---$4,154
Information Technology---$2,445
Travel---$1,617
Fees for Services Accounting---$1,600
Pension Plan Contributions---$723
Other Expenses---$469
Advertising---$145
Conferences and Meetings---$119
All Other Expenses---$62
Total Functional Expenses$0$0$0$461,099
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliated Organization$299,708
Security Deposits$50,662
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is submitted to the internal committee members who review the 990. The internal committee then presents the 990 at the board meeting.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Fbwc Rio Bend
EIN
83-1388793
Phone
2813445750
Address
501 E HIGHWAY 90A, RICHMOND, TX 77406

Signing Officer

Name
Vita Goodell
Title
CEO
Phone
8327557077
Signed
2022-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vita Goodell
Formed
2018
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Whitley Penn Llp
Address
640 TAYLOR STREET SUITE 2200, FT WORTH, TX 76102
Preparer
Emily Landry
Phone
8172599100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization's internal committee meets prior to each board meeting to review all financial statements, cash flows, budgets and audit reports. This committee assumes responsibility for oversight of the audit and selection of independent auditor.

Financial Statement Notes

PART X, LINE 2:

The organization qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code and, therefore, no provision for federal income taxes is made in the financial statements. Additionally, contributions made to the organization qualify for the charitable contribution deduction under the provisions of the internal revenue code. The organization is not a private foundation under provisions of the internal revenue code. The organization has no unrelated business activity that would require it to file a 990t and pay income taxes. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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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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IRS990/ActivityOrMissionDesc0FBWC RIO BEND IS FORMED WITH THE SPECIFIC PURPOSE OF HOLDING REAL PROPERTY ON BEHALF OF FORT BEND COUNTY WOMEN'S CENTER, A 501(C)(3) TAX EXEMPT ORGANIZATION WHOSE MISSION IS TO ASSIST SURVIVORS OF DOMESTIC VIOLENCE AND SEXUAL ASSAULT AND THEIR CHILDREN TO ACHIEVE SAFETY AND SELF-SUFFICIENCY, WHILE STRIVING TO PREVENT VIOLENCE AGAINST WOMEN.FBWC RIO BEND HOLDS REAL PROPERTY, "THE RIO BEND COMMUNITY," WHICH FURTHERS THE NON-PROFIT MISSION OF FORT BEND COUNTY WOMEN'S CENTER BY BEING THE SITE OF UP TO 64 HOUSING UNITS FOR SURVIVORS OF DOMESTIC VIOLENCE AND SEXUAL ASSAULT AND THEIR CHILDREN. THIS PROPERTY IS ALSO THE SITE OF FORT BEND COUNTY WOMEN'S CENTER'S SUPPORTIVE SERVICES OFFICES, FROM WHICH FORT BEND COUNTY WOMEN'S CENTER SERVES NOT ONLY THE RESIDENTS OF RIO BEND BUT ITS APPROXIMATELY 800 OTHER CLIENTS, INCLUDING CHILDREN.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, CONTRIBUTIONS MADE TO THE ORGANIZATION QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION UNDER PROVISIONS OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS NO UNRELATED BUSINESS ACTIVITY THAT WOULD REQUIRE IT TO FILE A 990T AND PAY INCOME TAXES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS SUBMITTED TO THE INTERNAL COMMITTEE MEMBERS WHO REVIEW THE 990. THE INTERNAL COMMITTEE THEN PRESENTS THE 990 AT THE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S INTERNAL COMMITTEE MEETS PRIOR TO EACH BOARD MEETING TO REVIEW ALL FINANCIAL STATEMENTS, CASH FLOWS, BUDGETS AND AUDIT REPORTS. THIS COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C
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ReturnHeader/ReturnTs02022-08-16T15:51:18-05:00
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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