Civic Intelligence

Fc Mission Plaza Inc

EIN 83-4321982 • 501(c)3 • Austin, TX

Profile

Support the charitable purposes of foundation communities, inc. And shall constitute a qalicb, as defined in section 45d of irc.

3000 S Ih-35 Suite 300Austin, TX 78704

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.86x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

42.37x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

5th percentile

-65%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

74th percentile

$258,013

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 67.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

28th percentile

-1.2%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-71%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$17,629,357

Down $535,828 (-2.9%) from 2023

Liabilities

Up

$16,278,112

Up $23,434 (+0.1%) from 2023

Net Assets

Down

$1,351,245

Down $559,262 (-29%) from 2023

Revenue

Up

$702,269

Up $275,570 (+65%) from 2023

Expenses

Up

$1,261,531

Up $327,519 (+35%) from 2023

Net Income

Down

-$559,262

Down $51,949 (-10%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2019: $20,046,519Liabilities 2019: $17,979,407Net Assets 2019: $2,067,1122019Assets 2020: $19,082,503Liabilities 2020: $16,184,619Net Assets 2020: $2,897,8842020Assets 2021: $18,856,034Liabilities 2021: $16,207,972Net Assets 2021: $2,648,0622021Assets 2022: $18,649,145Liabilities 2022: $16,231,325Net Assets 2022: $2,417,8202022Assets 2023: $18,165,185Liabilities 2023: $16,254,678Net Assets 2023: $1,910,5072023Assets 2024: $17,629,357Liabilities 2024: $16,278,112Net Assets 2024: $1,351,2452024

Highlighted filing

2024

Assets$17,629,357
Liabilities$16,278,112
Net Assets$1,351,245

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $2,200,999Expenses 2019: $133,887Net Income 2019: $2,067,1122019Revenue 2020: $1,316,782Expenses 2020: $486,010Net Income 2020: $830,7722020Revenue 2021: $382,500Expenses 2021: $632,322Net Income 2021: -$249,8222021Revenue 2022: $390,150Expenses 2022: $620,392Net Income 2022: -$230,2422022Revenue 2023: $426,699Expenses 2023: $934,012Net Income 2023: -$507,3132023Revenue 2024: $702,269Expenses 2024: $1,261,531Net Income 2024: -$559,2622024

Highlighted filing

2024

Revenue$702,269
Expenses$1,261,531
Net Income-$559,262

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 25, 2025
Return Version
2024v5.0
Gross Receipts
$779,288
Mission and Program Overview

Mission

Support the charitable purposes of foundation communities, inc. And shall constitute a qalicb, as defined in section 45d of irc.

Support the charitable purposes of foundation communities, inc. And and shall constitute a qalicb

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,293,507$16,835,720▼ $457,787
Cash and Non-Interest-Bearing Accounts$587,976$622,648▲ $34,672
Accounts Receivable$926$6,929▲ $6,003
Total Assets$18,165,185$17,629,357▼ $535,828
Other Assets Total$282,776$164,060▼ $118,716
Liabilities
Mortgage Notes Payable Secured by Investment Property$16,254,678$16,278,031▲ $23,353
Accounts Payable and Accrued Expenses-$81-
Total Liabilities$16,254,678$16,278,112▲ $23,434
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,910,507$1,351,245▼ $559,262
Total Net Assets Fund Balance$1,910,507$1,351,245▼ $559,262
Total Liabilities and Net Assets / Fund Balance$18,165,185$17,629,357▼ $535,828

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,956,531$1,833,827-
Land$3,712,955--
Equipment$166,234$64,825-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason ReneauChair
Walter MoreauPresident
Melissa GarciaVice Chair
Jason QunellBoard Member
Jewel ArringtonSecretary
Selina SernaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$405,912
Investment Income
$296,357
Other Revenue
$0
Change in Net Assets
$-559,262

Audited Revenue Reconciliation

Revenue per Audited Statements
$702,269
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$702,269
Total Revenue per Form 990
$702,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,261,531
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$641,522--$641,522
Depreciation Depletion$385,164--$385,164
Interest$208,762--$208,762
Fees for Services Accounting-$24,000-$24,000
Other Expenses-$2,083-$2,083
Total Functional Expenses$1,235,448$26,083$0$1,261,531

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,261,531
Total Expenses per Audited Statements$1,261,531
Total Expenses per Form 990$1,261,531
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Jason qunell, selina serna, and jewel arrington are each affiliated with foundation communities, inc. Each is on the board of directors of foundation communities, inc.

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

The president is required to report the results from the annual tax return to the board of directors.

Form 990, Part VI, Section B, Line 12C

AVAILABLE UPON REQUEST

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Fc Mission Plaza Inc
EIN
83-4321982
Phone
5124472026
Address
3000 S IH-35 SUITE 300, AUSTIN, TX 78704

Signing Officer

Name
Walter Moreau
Title
President
Phone
5124472026
Signed
2025-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Moreau
Formed
2019
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
11401 CENTURY OAKS TERRACE SUITE, 260, AUSTIN, TX 78758
Preparer
Susan Wilson
Phone
5123400420
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The corporation is a nonprofit organization that is exempt from income tax under section 501 (c) (3) of the internal revenue code. The corporation has not taken unsubstantiated tax position that would require provision of a liability under financial accounting standards board ("fasb") accounting standards update 2009-06, "implementation guidance on accounting for uncertainty in income taxes and disclosure amendments for nonpublic entities." the corporation is not currently involved in any federal income tax examinations.

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IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0404118
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IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JASON QUNELL, SELINA SERNA, AND JEWEL ARRINGTON ARE EACH AFFILIATED WITH FOUNDATION COMMUNITIES, INC. EACH IS ON THE BOARD OF DIRECTORS OF FOUNDATION COMMUNITIES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT IS REQUIRED TO REPORT THE RESULTS FROM THE ANNUAL TAX RETURN TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0742563260
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CREATE AND MAINTAIN HIGH-QUALITY HOUSING FOR LOW-INCOME PERSONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078704
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IRS990ScheduleR/PaidEmployeesSharingInd00
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0405912
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1641522
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FOUNDATION COMMUNITIES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FOUNDATION COMMUNITIES INC
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026083
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01235448
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IRS990/TotalGrossUBIAmt00
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IRS990/UponRequestInd0X
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IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078704
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WALTER MOREAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05124472026
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FC MISSION PLAZA INC
ReturnHeader/Filer/BusinessNameControlTxt0FCMI

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