Civic Intelligence

George Hw Bush Foundation for Us China Relations

990 • Fiscal year 2022 • EIN 83-4581994

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

515 Post Oak Blvd 1000Houston, TX 77027

(713) 333-2200

Siviq Scores

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

Liabilities / Assets

85th percentile

0.24x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

16.86x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-1616%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

100th percentile

$378,098

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 144865.1% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

6th percentile

-72%

Faster asset growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$18,559

Down $46,615 (-72%) from 2021

Net Assets

Down

$14,159

Down $4,219 (-23%) from 2021

Liabilities

Down

$4,400

Down $42,396 (-91%) from 2021

Revenue

Down

$261

Down $1,157,740 (-100%) from 2021

Expenses

Down

$4,480

Down $1,733,542 (-100%) from 2021

Net Income

Up

-$4,219

Up $575,802 (+99%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $397,565Liabilities 2019: $26,712Net Assets 2019: $370,8532019Assets 2020: $682,605Liabilities 2020: $84,206Net Assets 2020: $598,3992020Assets 2021: $65,174Liabilities 2021: $46,796Net Assets 2021: $18,3782021Assets 2022: $18,559Liabilities 2022: $4,400Net Assets 2022: $14,1592022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $275,000Liabilities 2024: $1,216Net Assets 2024: $273,7842024

Highlighted filing

2022

Assets$18,559
Liabilities$4,400
Net Assets$14,159

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2019: $729,130Expenses 2019: $358,277Net Income 2019: $370,8532019Revenue 2020: $1,300,546Expenses 2020: $1,087,313Net Income 2020: $213,2332020Revenue 2021: $1,158,001Expenses 2021: $1,738,022Net Income 2021: -$580,0212021Revenue 2022: $261Expenses 2022: $4,480Net Income 2022: -$4,2192022Revenue 2023: $0Expenses 2023: $14,159Net Income 2023: -$14,1592023Revenue 2024: $275,000Expenses 2024: $1,216Net Income 2024: $273,7842024

Highlighted filing

2022

Revenue$261
Expenses$4,480
Net Income-$4,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$261
Mission and Program Overview

Mission

The george h. W. Bush foundation for u.s.-china relations seeks to advance u.s.-china relations in ways that reflect the ethos, spirit and values of president george h. W. Bush. Through an active, wide-ranging and highly innovative program of activities, the bush china foundation promotes the late president's life-long view that the u.s.-china relationship is the most consequential bilateral relationship in the world and that a constructive relationship between the two countries serves a vital interest of the united states, as well as interests of china and the entire global community.

Provide support for 501(c)(3) organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$65,174$18,559▼ $46,615
Rtn Earn Endowment Incm Other Fnds$18,378$14,159▼ $4,219
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$65,174$18,559▼ $46,615
Liabilities
Accounts Payable and Accrued Expenses$46,796$4,400▼ $42,396
Total Liabilities$46,796$4,400▼ $42,396
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,378$14,159▼ $4,219
Total Liabilities and Net Assets / Fund Balance$65,174$18,559▼ $46,615
Compensation and Service Providers

Employees

NameTitleOtherTotal
Michael TroutDirector$146,662$146,662

Board Members and Trustees

NameTitle
Mike PawsonDirector
Nelson HernandezDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$261
Other Revenue
$0
Change in Net Assets
$-4,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,480
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
Fees for Services Accounting$4,400--$4,400
Other Expenses-$80-$80
Total Functional Expenses$4,400$80$0$4,480
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has as it's sole member, the greater houston community foundation, a texas nonprofit corporation. The following matters are reserved to the member and shall require the affirmative actions of the member to be effective: (a) merger, acquisition or consolidation of the corporation; (b) borrowing or lending of money or the creation of indebtedness through the guaranty of another's debt or similar action; (c) removal, at any time, in its sole discretion, with or without cause, one or more members (each a "director") of the board of directors of the corporation (the "board or "board of directors"); and (d) imposing any restriction on the corporation for any activity or transaction which would result in the loss by the corporation of its status as an organization exempt from federal income taxation under section 501(a) of the code, or corresponding provisions hereafter in effect, as an organization described in section 501(c)(3) of the code, or corresponding provisions hereafter in effect.

Form 990, Part VI, Section A, Line 7B

The decisions that require affirmative action of the member are detailed in the above answer to part vi, line 6.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committee with authority to act on behalf of the governing body.

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

The final document was distributed to the governing body for review prior to filing. The controller of the greater houston community foundation reviews the 990. Upon the resolution of any questions raised by this individual and any changes that result from this review, the completed document is then distributed to the principal officer for review. Once reviewed by this individual, and updated with any changes, a finalized copy is provided to this individual for final review and approval, prior to distribution to the governing body.

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

The conflict of interest policy is distributed to all directors, non-director committee members, and employees annually. They are asked to acknowledge receipt by returning a signed acknowledgement. When discussion occurs and/or votes are taken by committee and/or board members and a member indicates a conflict of interest, such conflicts are noted in the minutes of the meeting and the member abstains from any vote taken.

Form 990, Part VI, Section C, Line 19

Copies of the certificate of formation, bylaws, and conflicts of interest policy may be obtained by calling the office. The organization's financials are not audited. A copy of the combined audited financials for the related organizations, greater houston community foundation, may be requested by calling the office.

Filing and Contact Details

Filer

Filer Name
Woodway Supporting Foundation 14
EIN
83-4581994
Phone
7133332200
Address
515 POST OAK BLVD 1000, HOUSTON, TX 77027

Signing Officer

Name
Michael Pawson
Title
Director
Phone
7133332200
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Pawson
Formed
2019
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
8
Volunteers
3

Preparer

Firm
Harper & Pearson Company Pc
Address
ONE RIVERWAY SUITE 1900, HOUSTON, TX 77056
Preparer
Shannon M Allison CPA
Phone
7136222310
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The organization ceased conducting the specific program service activities described on the 2021 form 990 and now focuses on providing general support for 501(c)(3) organizations.

Form 990, Part XII, Line 2C

There were no changes to the oversight process or the selection process from prior years.

Financial Statement Notes

PART X, LINE 2:

The foundation believes that all significant tax positions utilized by the foundation will more likely than not be sustained upon examination. As of december 31, 2022, the tax years that remain subject to examination by the major tax jurisdictions under the statute of limitations are from the years 2019 through 2021 with limited execeptions. Tax penalties and interest, if any, would be accrued as incurred and would be classified as general and administrative expense in the statements of activities.

Raw XML Appendix381 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CEASED CONDUCTING THE SPECIFIC PROGRAM SERVICE ACTIVITIES DESCRIBED ON THE 2021 FORM 990 AND NOW FOCUSES ON PROVIDING GENERAL SUPPORT FOR 501(C)(3) ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS AS IT'S SOLE MEMBER, THE GREATER HOUSTON COMMUNITY FOUNDATION, A TEXAS NONPROFIT CORPORATION. THE FOLLOWING MATTERS ARE RESERVED TO THE MEMBER AND SHALL REQUIRE THE AFFIRMATIVE ACTIONS OF THE MEMBER TO BE EFFECTIVE: (A) MERGER, ACQUISITION OR CONSOLIDATION OF THE CORPORATION; (B) BORROWING OR LENDING OF MONEY OR THE CREATION OF INDEBTEDNESS THROUGH THE GUARANTY OF ANOTHER'S DEBT OR SIMILAR ACTION; (C) REMOVAL, AT ANY TIME, IN ITS SOLE DISCRETION, WITH OR WITHOUT CAUSE, ONE OR MORE MEMBERS (EACH A "DIRECTOR") OF THE BOARD OF DIRECTORS OF THE CORPORATION (THE "BOARD OR "BOARD OF DIRECTORS"); AND (D) IMPOSING ANY RESTRICTION ON THE CORPORATION FOR ANY ACTIVITY OR TRANSACTION WHICH WOULD RESULT IN THE LOSS BY THE CORPORATION OF ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) OF THE CODE, OR CORRESPONDING PROVISIONS HEREAFTER IN EFFECT, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE, OR CORRESPONDING PROVISIONS HEREAFTER IN EFFECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DECISIONS THAT REQUIRE AFFIRMATIVE ACTION OF THE MEMBER ARE DETAILED IN THE ABOVE ANSWER TO PART VI, LINE 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE ANY COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINAL DOCUMENT WAS DISTRIBUTED TO THE GOVERNING BODY FOR REVIEW PRIOR TO FILING. THE CONTROLLER OF THE GREATER HOUSTON COMMUNITY FOUNDATION REVIEWS THE 990. UPON THE RESOLUTION OF ANY QUESTIONS RAISED BY THIS INDIVIDUAL AND ANY CHANGES THAT RESULT FROM THIS REVIEW, THE COMPLETED DOCUMENT IS THEN DISTRIBUTED TO THE PRINCIPAL OFFICER FOR REVIEW. ONCE REVIEWED BY THIS INDIVIDUAL, AND UPDATED WITH ANY CHANGES, A FINALIZED COPY IS PROVIDED TO THIS INDIVIDUAL FOR FINAL REVIEW AND APPROVAL, PRIOR TO DISTRIBUTION TO THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL DIRECTORS, NON-DIRECTOR COMMITTEE MEMBERS, AND EMPLOYEES ANNUALLY. THEY ARE ASKED TO ACKNOWLEDGE RECEIPT BY RETURNING A SIGNED ACKNOWLEDGEMENT. WHEN DISCUSSION OCCURS AND/OR VOTES ARE TAKEN BY COMMITTEE AND/OR BOARD MEMBERS AND A MEMBER INDICATES A CONFLICT OF INTEREST, SUCH CONFLICTS ARE NOTED IN THE MINUTES OF THE MEETING AND THE MEMBER ABSTAINS FROM ANY VOTE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COPIES OF THE CERTIFICATE OF FORMATION, BYLAWS, AND CONFLICTS OF INTEREST POLICY MAY BE OBTAINED BY CALLING THE OFFICE. THE ORGANIZATION'S FINANCIALS ARE NOT AUDITED. A COPY OF THE COMBINED AUDITED FINANCIALS FOR THE RELATED ORGANIZATIONS, GREATER HOUSTON COMMUNITY FOUNDATION, MAY BE REQUESTED BY CALLING THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THERE WERE NO CHANGES TO THE OVERSIGHT PROCESS OR THE SELECTION PROCESS FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREATER HOUSTON COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237160400
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE SERVICES AND FINANCIAL ASSISTANCE TO THE COMMUNITY
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd077027
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
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IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt065174
IRS990/TotalAssetsEOYAmt018559
IRS990/TotalAssetsGrp/BOYAmt065174
IRS990/TotalAssetsGrp/EOYAmt018559
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04400
IRS990/TotalFunctionalExpensesGrp/TotalAmt04480
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt046796
IRS990/TotalLiabilitiesEOYAmt04400
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IRS990/TotalLiabilitiesGrp/EOYAmt04400
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt018378
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014159
IRS990/TotalOtherCompensationAmt0132733
IRS990/TotalProgramServiceExpensesAmt04400
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0261
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0261
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt065174
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018559
IRS990/TotReportableCompRltdOrgAmt0602822
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077027
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL PAWSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07133332200
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WOODWAY SUPPORTING FOUNDATION 14
ReturnHeader/Filer/BusinessNameControlTxt0WOOD
ReturnHeader/Filer/EIN0834581994
ReturnHeader/Filer/PhoneNum07133332200
ReturnHeader/Filer/USAddress/AddressLine1Txt0515 POST OAK BLVD 1000
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077027
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0741695589
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HARPER & PEARSON COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE RIVERWAY SUITE 1900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077056
ReturnHeader/PreparerPersonGrp/PhoneNum07136222310
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHANNON M ALLISON CPA
ReturnHeader/ReturnTs02023-11-15T15:46:11-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PAWSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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