Civic Intelligence

T a Initiative

990 • Fiscal year 2023 • EIN 84-3897453

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

8388 W Sam Houston Pkwy 188Houston, TX 77072

(832) 704-0340

Siviq Scores

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

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

52nd percentile

0.10x

Higher debt load relative to revenue than 52% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

91st percentile

51%

Higher net margin than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

66th percentile

12%

Faster asset growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

22nd percentile

-13%

Faster revenue growth than 22% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,744,489

Up $184,205 (+12%) from 2022

Net Assets

Up

$1,712,553

Up $166,038 (+11%) from 2022

Liabilities

Up

$31,936

Up $18,167 (+132%) from 2022

Revenue

Down

$324,946

Down $49,567 (-13%) from 2022

Expenses

Up

$158,908

Up $36,198 (+29%) from 2022

Net Income

Down

$166,038

Down $85,765 (-34%) from 2022

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 2020: $792,182Liabilities 2020: $0Net Assets 2020: $792,1822020Assets 2022: $1,560,284Liabilities 2022: $13,769Net Assets 2022: $1,546,5152022Assets 2023: $1,744,489Liabilities 2023: $31,936Net Assets 2023: $1,712,5532023Assets 2024: $1,792,985Liabilities 2024: $31,050Net Assets 2024: $1,761,9352024

Highlighted filing

2023

Assets$1,744,489
Liabilities$31,936
Net Assets$1,712,553

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2020: $790,900Expenses 2020: $70,350Net Income 2020: $720,5502020Revenue 2022: $374,513Expenses 2022: $122,710Net Income 2022: $251,8032022Revenue 2023: $324,946Expenses 2023: $158,908Net Income 2023: $166,0382023Revenue 2024: $399,959Expenses 2024: $350,577Net Income 2024: $49,3822024

Highlighted filing

2023

Revenue$324,946
Expenses$158,908
Net Income$166,038
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$324,946
Mission and Program Overview

Mission

To help and educate underserved individuals by providing help and sustenance to ultimately improve their quality of life; to offer rental for low to moderate income residents and to offer loans to residents who cannot qualify for loans with traditional banks.

To help and educate underserved individuals; low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,546,515$1,712,553▲ $166,038
Land, Buildings, and Equipment, Net$642,489$728,986▲ $86,497
Investments Program Related-$290,000-
Savings and Temporary Cash Investments$100,227$214,331▲ $114,104
Cash and Non-Interest-Bearing Accounts$817,568$211,172▼ $606,396
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,560,284$1,744,489▲ $184,205
Other Assets Total$0$300,000▲ $300,000
Liabilities
Other Liabilities$13,769$31,936▲ $18,167
Total Liabilities$13,769$31,936▲ $18,167
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,546,515$1,712,553▲ $166,038
Total Liabilities and Net Assets / Fund Balance$1,560,284$1,744,489▲ $184,205

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$611,690$52,982$664,672
Land$117,296-$117,296
Investment Program Related Org$290,000--
Other Assets Org$300,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Haikhanh TranDirector
Thy NguyenDirector
Trina DoDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$278,817
Program Service Revenue
$32,025
Investment Income
$14,104
Other Revenue
$0
All Other Contributions
$225,000
Change in Net Assets
$166,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,908
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
Depreciation Depletion$22,072--$22,072
Insurance$18,973--$18,973
Fees for Services Other$16,841--$16,841
Advertising$14,910--$14,910
Occupancy$7,137--$7,137
Other Expenses$1,934$4,160-$6,094
Fees for Services Accounting-$791-$791
Fees for Services Legal-$616-$616
Total Functional Expenses$153,341$5,567$0$158,908
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$16,435
Cash/escrow Transferred With Rental Donations$10,277
Credit Cards Payable$5,224
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 B, Line 11B

The directors of the organization are e-mailed a copy of the form 990 for review prior to electronic filing of the tax return.

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

The directors and officers must annually sign a document that they have received, read and agree to abide by the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to the public upon request

Filing and Contact Details

Filer

Filer Name
Ta Initiative
EIN
84-3897453
Phone
8327040340
Address
8388 W SAM HOUSTON PKWY 188, HOUSTON, TX 77072

Signing Officer

Name
Haikhanh Tran
Title
Director
Phone
8327040340
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Haikhanh Tran
Formed
2019
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
6

Preparer

Firm
Anderson Global Business Group LLC
Address
3225 MCLEOD DRIVE, LAS VEGAS, NV 89121
Preparer
Karim Hanafy
Phone
8889692677
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Bank charges: program service expenses 16. Management and general expenses 0. Fundraising expenses 0. Total expenses 16. Leasing commission: program service expenses 4,300. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,300. Rent concessions: program service expenses 12,525. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,525.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTORS OF THE ORGANIZATION ARE E-MAILED A COPY OF THE FORM 990 FOR REVIEW PRIOR TO ELECTRONIC FILING OF THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS AND OFFICERS MUST ANNUALLY SIGN A DOCUMENT THAT THEY HAVE RECEIVED, READ AND AGREE TO ABIDE BY THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES: PROGRAM SERVICE EXPENSES 16. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16. LEASING COMMISSION: PROGRAM SERVICE EXPENSES 4,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,300. RENT CONCESSIONS: PROGRAM SERVICE EXPENSES 12,525. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,525.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2MACADAMIA CREEK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3HAZELNUT CREEK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt4PERSIMMON CREEK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt5MARCONA CREEK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt6PISTACHIO CREEK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt7CASHEW CREEK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt8BARU CREEK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt9PILI CREEK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0813304275
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1823445267
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2851081786
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN3851013466
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN4851051732
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN5880919731
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN6880841609
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN7880815767
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN8990483342
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN9990442528
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt085019
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt1133159
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt291519
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt390720
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt4125246
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt5300000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt6131725
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt7115654
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt80
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt90
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd4TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd5TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd6TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd7TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd8TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd9TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt4RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt5RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt6RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt7RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt8RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt9RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt04664
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt14959
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt2-2153
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt38337
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt412489
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt52570
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt6-4887
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt72450
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt80
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt90
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt08388 W SAM HOUSTON PARKWAY 188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt18388 W SAM HOUSTON PARKWAY 188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt28388 W SAM HOUSTON PARKWAY 188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt38388 W SAM HOUSTON PARKWAY 188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt48388 W SAM HOUSTON PARKWAY 188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt58388 W SAM HOUSTON PKWY188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt68388 W SAM HOUSTON PKWY188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt78388 W SAM HOUSTON PKWY188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt88388 W SAM HOUSTON PARKWAY 188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt98388 W SAM HOUSTON PARKWAY 188
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm3HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm4HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm5HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm6HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm7HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm8HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm9HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd2TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd3TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd4TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd5TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd6TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd7TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd8TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd9TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd077072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd177072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd277072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd377072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd477072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd577072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd677072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd777072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd877072
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd977072
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01560284
IRS990/TotalAssetsEOYAmt01744489
IRS990/TotalAssetsGrp/BOYAmt01560284
IRS990/TotalAssetsGrp/EOYAmt01744489
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0278817
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05567
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0153341
IRS990/TotalFunctionalExpensesGrp/TotalAmt0158908
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013769
IRS990/TotalLiabilitiesEOYAmt031936
IRS990/TotalLiabilitiesGrp/BOYAmt013769
IRS990/TotalLiabilitiesGrp/EOYAmt031936
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01546515
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01712553
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0153341
IRS990/TotalProgramServiceRevenueAmt032025
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt014104
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt032025
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0324946
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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