Civic Intelligence

Austin Street Real Estate

EIN 85-3928035 • 501(c)3 • Dallas, TX

Profile

Austin street real estate (asre) is operated exclusively to carry out the purposes of shelter ministries of dallas, for charitable, religious, and educational purposes to shelter the homeless and provide compassionate counseling through a ministry of caring and enable responsible choice and life changes. Asre also helps to carry out the operation of austin street center, a therapeutic community that provides emergency shelter, food, showers, clothing, medications, counseling, and job training programs to those in need.

PO Box 710729Dallas, TX 75371

www.shelterdallas.org

Siviq Scores

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

Liabilities / Assets

96th percentile

1.11x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

66.27x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

1st percentile

-259%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

77th percentile

$303,851

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 114.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

26th percentile

-2.2%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

35%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$15,828,521

Down $348,553 (-2.2%) from 2023

Liabilities

Up

$17,581,155

Up $338,112 (+2.0%) from 2023

Net Assets

Down

-$1,752,634

Down $686,665 (-64%) from 2023

Revenue

Up

$265,300

Up $68,735 (+35%) from 2023

Expenses

Down

$951,965

Down $27,912 (-2.8%) from 2023

Net Income

Up

-$686,665

Up $96,647 (+12%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $20,057,758Liabilities 2021: $20,114,759Net Assets 2021: -$57,0012021Assets 2022: $17,119,276Liabilities 2022: $17,401,933Net Assets 2022: -$282,6572022Assets 2023: $16,177,074Liabilities 2023: $17,243,043Net Assets 2023: -$1,065,9692023Assets 2024: $15,828,521Liabilities 2024: $17,581,155Net Assets 2024: -$1,752,6342024

Highlighted filing

2024

Assets$15,828,521
Liabilities$17,581,155
Net Assets-$1,752,634

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2021: $0Expenses 2021: $57,001Net Income 2021: -$57,0012021Revenue 2022: $183,833Expenses 2022: $409,489Net Income 2022: -$225,6562022Revenue 2023: $196,565Expenses 2023: $979,877Net Income 2023: -$783,3122023Revenue 2024: $265,300Expenses 2024: $951,965Net Income 2024: -$686,6652024

Highlighted filing

2024

Revenue$265,300
Expenses$951,965
Net Income-$686,665

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 5, 2025
Return Version
2024v5.2
Gross Receipts
$265,300
Mission and Program Overview

Mission

Austin street real estate (asre) is operated exclusively to carry out the purposes of austin street center (formerly known as shelter ministries of dallas), for charitable, religious, and educational purposes to shelter the homeless and provide compassionate counseling through a ministry of caring and enable responsible choice and life changes. Asre also helps to carry out the operation of austin street center, a therapeutic community that provides emergency shelter, food, showers, clothing, medications, counseling, and job training programs to those in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,073,740$15,585,714▼ $488,026
Cash and Non-Interest-Bearing Accounts$103,334$242,807▲ $139,473
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-1,065,969$-1,752,634▼ $686,665
Total Assets$16,177,074$15,828,521▼ $348,553
Liabilities
Other Liabilities$17,190,000$17,190,000→ $0
Accounts Payable and Accrued Expenses$53,043$391,155▲ $338,112
Total Liabilities$17,243,043$17,581,155▲ $338,112
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,065,969$-1,752,634▼ $686,665
Total Liabilities and Net Assets / Fund Balance$16,177,074$15,828,521▼ $348,553

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,604,883$1,138,196$14,743,079
Land$1,980,831-$1,980,831
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy BestChair of the Board
Daniel RobyPresident & CEO
Dennis GrindingerVice Chair of the Board
Jeanne Whitman BobbittVice President
Catherine OliverosTrustee
Yulise Reaves WatersTrustee
David RosenbergSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,300
Investment Income
$0
Other Revenue
$262,000
Change in Net Assets
$-686,665
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$951,965
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$491,326--$491,326
Other Expenses$262,000--$262,000
Interest$198,639--$198,639
Total Functional Expenses$951,965$0$0$951,965
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
Due to Related Third Party$17,190,000
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
No
Management duties delegated
No

Governance Explanations

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

The form 990 is reviewed by the accounting and administrative staff, the executive directors and the audit committee. The final copy of the form 990 is provided to the board of trustees prior to filing.

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

The executive directors are responsible for monitoring the conflict of interest policy as it relates to their employees, and they relay the information to the board secretary. Any potential conflicts of interest within the administration staff is reported directly to the board secretary. All staff are required to sign and submit a conflict of interest statement to the board secretary on an annual basis. Any conflicts of interest for board members are reviewed and monitored on an annual basis during the annual audit.

Form 990, Part VI, Section B, Line 15

Austin street real estate does not compensation any employees.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Austin Street Real Estate
EIN
85-3928035
Phone
2144284242
Address
PO BOX 710729, DALLAS, TX 75371

Signing Officer

Name
Daniel Roby
Title
CEO
Phone
2144284242
Signed
2025-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Best
Formed
2020
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Armanino Advisory LLC
Address
15950 N DALLAS PKWY 600, DALLAS, TX 75248
Preparer
Matthew Petroski
Phone
9726611843
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Asc and asre are exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code. Asc and asre are also exempt from state income taxes. Asc and asre have been classified as entities that are not private foundations within the meaning of section 509(a) of the internal revenue code. Management has evaluated the organization's federal and state tax positions and has concluded there are no significant uncertain tax positions as of october 31, 2024 or 2023, for which a reserve would be necessary.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC AND ASRE ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ASC AND ASRE ARE ALSO EXEMPT FROM STATE INCOME TAXES. ASC AND ASRE HAVE BEEN CLASSIFIED AS ENTITIES THAT ARE NOT PRIVATE FOUNDATIONS WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S FEDERAL AND STATE TAX POSITIONS AND HAS CONCLUDED THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF OCTOBER 31, 2024 OR 2023, FOR WHICH A RESERVE WOULD BE NECESSARY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015585714
IRS990ScheduleD/TotalLiabilityAmt017190000
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0252523
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt012618
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt038710
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL ROBY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0303851
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE ACCOUNTING AND ADMINISTRATIVE STAFF, THE EXECUTIVE DIRECTORS AND THE AUDIT COMMITTEE. THE FINAL COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTORS ARE RESPONSIBLE FOR MONITORING THE CONFLICT OF INTEREST POLICY AS IT RELATES TO THEIR EMPLOYEES, AND THEY RELAY THE INFORMATION TO THE BOARD SECRETARY. ANY POTENTIAL CONFLICTS OF INTEREST WITHIN THE ADMINISTRATION STAFF IS REPORTED DIRECTLY TO THE BOARD SECRETARY. ALL STAFF ARE REQUIRED TO SIGN AND SUBMIT A CONFLICT OF INTEREST STATEMENT TO THE BOARD SECRETARY ON AN ANNUAL BASIS. ANY CONFLICTS OF INTEREST FOR BOARD MEMBERS ARE REVIEWED AND MONITORED ON AN ANNUAL BASIS DURING THE ANNUAL AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AUSTIN STREET REAL ESTATE DOES NOT COMPENSATION ANY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AUSTIN STREET CENTER (FKA SHELTER MINISTRIES OF DALLAS)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0751881365
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MEN & WOMENS' SHELTER & SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 151085
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DALLAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd075315
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt016177074
IRS990/TotalAssetsEOYAmt015828521
IRS990/TotalAssetsGrp/BOYAmt016177074
IRS990/TotalAssetsGrp/EOYAmt015828521
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0951965
IRS990/TotalFunctionalExpensesGrp/TotalAmt0951965
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017243043
IRS990/TotalLiabilitiesEOYAmt017581155
IRS990/TotalLiabilitiesGrp/BOYAmt017243043
IRS990/TotalLiabilitiesGrp/EOYAmt017581155
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1065969
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1752634
IRS990/TotalOtherCompensationAmt051328
IRS990/TotalProgramServiceExpensesAmt0951965
IRS990/TotalProgramServiceRevenueAmt03300
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0262000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03300
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0265300
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016177074
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015828521
IRS990/TotReportableCompRltdOrgAmt0252523
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 710729
IRS990/USAddress/CityNm0DALLAS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075371
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0AUSTINSTREET.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL ROBY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02144284242
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AUSTIN STREET REAL ESTATE
ReturnHeader/Filer/BusinessNameControlTxt0AUST
ReturnHeader/Filer/EIN0853928035
ReturnHeader/Filer/PhoneNum02144284242
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 710729
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075371
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0946214841
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARMANINO ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015950 N DALLAS PKWY 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075248
ReturnHeader/PreparerPersonGrp/PhoneNum09726611843

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