Civic Intelligence

Greater Houston Community Foundation

990 • Fiscal year 2020 • EIN 84-3567749

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 04, 2021

515 Post Oak Blvd Suite 1000Houston, TX 77027

(713) 333-2200

Siviq Scores

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

Liabilities / Assets

57th percentile

0.15x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.11x

Higher debt load relative to revenue than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

95th percentile

$316,692

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

91st percentile

79%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

135%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,595,108

Up $702,619 (+79%) from 2019

Net Assets

Up

$1,354,272

Up $482,327 (+55%) from 2019

Liabilities

Up

$240,836

Up $220,292 (+1072%) from 2019

Revenue

Up

$2,168,122

Up $1,244,262 (+135%) from 2019

Expenses

Up

$1,685,795

Up $1,633,880 (+3147%) from 2019

Net Income

Down

$482,327

Down $389,618 (-45%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2019: $892,489Liabilities 2019: $20,544Net Assets 2019: $871,9452019Assets 2020: $1,595,108Liabilities 2020: $240,836Net Assets 2020: $1,354,2722020Assets 2021: $1,281,261Liabilities 2021: $84,960Net Assets 2021: $1,196,3012021Assets 2022: $816,451Liabilities 2022: $93,029Net Assets 2022: $723,4222022Assets 2023: $1,970,294Liabilities 2023: $50,571Net Assets 2023: $1,919,7232023Assets 2024: $1,875,122Liabilities 2024: $90,489Net Assets 2024: $1,784,6332024

Highlighted filing

2020

Assets$1,595,108
Liabilities$240,836
Net Assets$1,354,272

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $923,860Expenses 2019: $51,915Net Income 2019: $871,9452019Revenue 2020: $2,168,122Expenses 2020: $1,685,795Net Income 2020: $482,3272020Revenue 2021: $2,534,416Expenses 2021: $2,692,387Net Income 2021: -$157,9712021Revenue 2022: $1,758,384Expenses 2022: $2,231,263Net Income 2022: -$472,8792022Revenue 2023: $2,767,669Expenses 2023: $1,556,749Net Income 2023: $1,210,9202023Revenue 2024: $1,825,286Expenses 2024: $1,985,714Net Income 2024: -$160,4282024

Highlighted filing

2020

Revenue$2,168,122
Expenses$1,685,795
Net Income$482,327
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$2,168,122
Mission and Program Overview

Mission

We transform social services into a more connected, empathetic and accessible system. We do this in partnership with communities by designing and delivering human-centered social service programs, developing cutting-edge technology tools for service providers, and leading community-wide efforts.

To be a resource for those affected by disaster, and ensure community resiliency for the future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$892,360$1,435,486▲ $543,126
Rtn Earn Endowment Incm Other Fnds$871,945$1,354,272▲ $482,327
Pledges and Grants Receivable$129$159,622▲ $159,493
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net-$0-
Loans From Officers Directors-$0-
Total Assets$892,489$1,595,108▲ $702,619
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$20,544$199,709▲ $179,165
Unsecured Notes Loans Payable-$41,127-
Other Liabilities$0$0→ $0
Total Liabilities$20,544$240,836▲ $220,292
Net Assets / Fund Balance
Total Net Assets Fund Balance$871,945$1,354,272▲ $482,327
Total Liabilities and Net Assets / Fund Balance$892,489$1,595,108▲ $702,619
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Executive DirectorFT$92,450$13,272$105,722

Board Members and Trustees

NameTitle
-Chair/Director
-Director
-Secretary/Director
-Treasurer/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,023,454
Program Service Revenue
$1,142,647
Investment Income
$2,021
Other Revenue
$0
All Other Contributions
$848,454
Change in Net Assets
$482,327
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,083,956
Salaries, Compensation, and Employee Benefits$601,839
Total Fundraising Expense$2,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$440,611$3,496-$444,107
Other Salaries and Wages$349,598$30,866$115$380,579
Information Technology$340,425$6,296-$346,721
Fees for Services Other$154,521$0$0$154,521
Current Officers, Directors, Trustees, and Key Employees$71,891$31,717$2,114$105,722
Advertising$77,830$101-$77,931
Other Employee Benefits$51,591$3,712-$55,303
Payroll Taxes$35,144$4,817$162$40,123
Fees for Services Management$30,000--$30,000
Pension Plan Contributions$18,685$1,427$0$20,112
Fees for Services Legal$9,131--$9,131
Fees for Services Accounting$2,650--$2,650
Conferences and Meetings$241$655-$896
Travel$125--$125
Other Expenses$65$1,547$47$65
All Other Expenses$14$4$0$18
Total Functional Expenses$1,598,719$84,638$2,438$1,685,795
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Line 6 Classes of members or stockholders

The organization has a sole memeber, the greater houston community foundation. The following matters are reserved to the member and require affirmative action of the member to be effective. A. Merger, acquisition or consolidaion of the organization. B. Borrowing or lending of money or the creation of indebtedness through the guaranty of another's debt or similar action. C. Removal of one or more members of the board of directors. D. Imposing any restriction on the organization to prevent it from losing it's status as a nonprofit orginization under the us tax code.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The member and their rights are described in the note to part vi, line 6.

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

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

Form 990, Part VI, Line 11B Review of form 990 by governing body

The final document was distributed via email to the board members for review prior to filing. The assistant controller and tax manager of the greater community foundation initially review the 990. Upon the resolution of any questions raised by these two individuals and any changes that result from this review, the completed document is then distributed to the principal officer for their 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 board.

Form 990, Part VI, Line 12C Conflict of interest policy

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 in committee and/or board meetings 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, Line 19 Required documents available to the public

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
Connective
EIN
84-3567749
Phone
7133332200
Address
515 Post Oak Blvd Suite 1000, Houston, TX 77027

Signing Officer

Name
Diana Zarzuelo
Title
Chair
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Formed
2019
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
3
Employees
8
Volunteers
6

Preparer

Firm
Harper & Pearson Company PC
Address
One Riverway Suite 1900, Houston, TX 77056
Preparer
Guy T Tarbor CPA
Phone
7136222310
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

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, 2020, the tax years that remain subject to examination by the major tax jurisdictions under the statute of limitations are from the years 2017 through 2019 with limited exceptions. 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.

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Greater Houston Community Foundation
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION BELIEVES THAT ALL SIGNIFICANT TAX POSITIONS UTILIZED BY THE FOUNDATION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2020, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE OF LIMITATIONS ARE FROM THE YEARS 2017 THROUGH 2019 WITH LIMITED EXCEPTIONS. 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt0Renee Wizig-Barrios
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A SOLE MEMEBER, THE GREATER HOUSTON COMMUNITY FOUNDATION. THE FOLLOWING MATTERS ARE RESERVED TO THE MEMBER AND REQUIRE AFFIRMATIVE ACTION OF THE MEMBER TO BE EFFECTIVE. A. MERGER, ACQUISITION OR CONSOLIDAION OF THE ORGANIZATION. B. BORROWING OR LENDING OF MONEY OR THE CREATION OF INDEBTEDNESS THROUGH THE GUARANTY OF ANOTHER'S DEBT OR SIMILAR ACTION. C. REMOVAL OF ONE OR MORE MEMBERS OF THE BOARD OF DIRECTORS. D. IMPOSING ANY RESTRICTION ON THE ORGANIZATION TO PREVENT IT FROM LOSING IT'S STATUS AS A NONPROFIT ORGINIZATION UNDER THE US TAX CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBER AND THEIR RIGHTS ARE DESCRIBED IN THE NOTE TO PART VI, LINE 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINAL DOCUMENT WAS DISTRIBUTED VIA EMAIL TO THE BOARD MEMBERS FOR REVIEW PRIOR TO FILING. THE ASSISTANT CONTROLLER AND TAX MANAGER OF THE GREATER COMMUNITY FOUNDATION INITIALLY REVIEW THE 990. UPON THE RESOLUTION OF ANY QUESTIONS RAISED BY THESE TWO INDIVIDUALS AND ANY CHANGES THAT RESULT FROM THIS REVIEW, THE COMPLETED DOCUMENT IS THEN DISTRIBUTED TO THE PRINCIPAL OFFICER FOR THEIR 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 BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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 IN COMMITTEE AND/OR BOARD MEETINGS 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/ExplanationTxt5COPIES 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/FormAndLineReferenceDesc0Form 990, Part VI, Line 6 Classes of members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19 Required documents available to the public
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