Civic Intelligence

Houston Local Information

EIN 87-4133043 • 501(c)3 • Houston, TX

990-N CoverageNTEE A30

Profile

The Houston Local Information Initiative, Inc. provides public service journalism that reflects the civic needs of the diverse communities comprising Greater Houston.

4203 Montrose Blvd 650Houston, TX 77006

www.houstonlanding.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.08x

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

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

Liabilities / Revenue

43rd percentile

0.17x

Higher debt load relative to revenue than 43% of similar nonprofits.

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

Net Margin

10th percentile

-24%

Higher net margin than 10% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets36th percentile

Assets

Down

$13,153,849

Down $1,608,270 (-11%) from 2023

Liabilities

Down

$1,065,377

Down $59,989 (-5.3%) from 2023

Net Assets

Down

$12,088,472

Down $1,548,281 (-11%) from 2023

Operations
Liabilities / Revenue43rd percentileNet Margin10th percentile

Revenue

Up

$6,413,069

Up $3,147,348 (+96%) from 2023

Expenses

Up

$7,961,350

Up $2,157,647 (+37%) from 2023

Net Income

Up

-$1,548,281

Up $989,701 (+39%) from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Assets 2022: $16,226,321Liabilities 2022: $51,586Net Assets 2022: $16,174,7352022Assets 2023: $14,762,119Liabilities 2023: $1,125,366Net Assets 2023: $13,636,7532023Assets 2024: $13,153,849Liabilities 2024: $1,065,377Net Assets 2024: $12,088,4722024

Highlighted filing

2024

Assets$13,153,849
Liabilities$1,065,377
Net Assets$12,088,472
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2022: $16,612,200Expenses 2022: $437,465Net Income 2022: $16,174,7352022Revenue 2023: $3,265,721Expenses 2023: $5,803,703Net Income 2023: -$2,537,9822023Revenue 2024: $6,413,069Expenses 2024: $7,961,350Net Income 2024: -$1,548,2812024

Highlighted filing

2024

Revenue$6,413,069
Expenses$7,961,350
Net Income-$1,548,281
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$13,153,849
Liabilities
$1,065,377
Net assets
$12,088,472
Revenue
$6,413,069
Expenses
$7,961,350
Net income
-$1,548,281
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$1.07$12.1$6.41$7.96$1.55
2023Detailed filing. Detailed filing data is available for this year.$14.8$1.13$13.6$3.27$5.80$2.54
2022Detailed filing. Detailed filing data is available for this year.$16.2$0.05$16.2$16.6$0.44$16.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 15, 2025
Return Version
2024v5.2
Gross Receipts
$6,413,069
Mission and Program Overview

Mission

The Houston Local Information Initiative, Inc. provides public service journalism that reflects the civic needs of the diverse communities comprising Greater Houston.

To strengthen democracy and improve the lives of all Houstonians one story at a time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,524,977$6,962,729▼ $1,562,248
Pledges and Grants Receivable$5,207,500$5,210,000▲ $2,500
Land, Buildings, and Equipment, Net$174,599$130,288▼ $44,311
Prepaid Expenses and Deferred Charges$99,704$104,958▲ $5,254
Cash and Non-Interest-Bearing Accounts$25,368$15,903▼ $9,465
Total Assets$14,762,119$13,153,849▼ $1,608,270
Other Assets Total$729,971$729,971→ $0
Liabilities
Other Liabilities$790,905$790,905→ $0
Accounts Payable and Accrued Expenses$334,461$274,472▼ $59,989
Total Liabilities$1,125,366$1,065,377▼ $59,989
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,043,166$12,057,378▲ $4,014,212
Net Assets With Donor Restrictions$5,593,587$31,094▼ $5,562,493
Total Net Assets Fund Balance$13,636,753$12,088,472▼ $1,548,281
Total Liabilities and Net Assets / Fund Balance$14,762,119$13,153,849▼ $1,608,270

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$130,288$144,693$274,981
Other Assets Org$729,971--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter BhatiaCEOFT$351,236$67,132$418,368
Heather HoustonDirector of Corporate SponsorshipFT$185,971$20,753$206,724
Angel RodriguezManaging EditorFT$170,937$9,252$180,189
Kelly AvantProduct ManagerFT$155,910$11,129$167,039
Kaneisha LloydChief Development OfficerFT$153,859$8,339$162,198
Konner MackeyCFOFT$145,828$11,033$156,861
Susie HermsenDirector of PeopleFT$146,385$4,323$150,708

Board Members and Trustees

NameTitle
Ann SternChair
Alex L NegreteDirector
Algenita DavisDirector
Anne ChaoDirector
Jeff CohenDirector
Rich KinderDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Benesch Friedlander Coplan & Arnoff LLegal services127 Public Square, Cleveland, OH 44114$112,036
Yin Yin ChanIT services5727 Canoga Ave, Woodland Hills, CA 91367$107,606
Revenue and Support

Revenue Composition

Contributions and Grants
$6,101,117
Program Service Revenue
$0
Investment Income
$311,952
Other Revenue
$0
All Other Contributions
$6,024,033
Change in Net Assets
$-1,548,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,597,464
Other Expenses$1,363,886
Total Fundraising Expense$1,139,724
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,956,797$406,015$425,569$4,788,381
Current Officers, Directors, Trustees, and Key Employees$125,511$366,045$452,595$944,151
Payroll Taxes$325,919$44,650$65,019$435,588
Other Employee Benefits$378,449$19,148$31,747$429,344
Fees for Services Other$303,120$8,208$10,421$321,749
Occupancy-$208,807-$208,807
Information Technology$121,971$32,821$26,062$180,854
Fees for Services Legal-$156,498-$156,498
Advertising$3,956$16,571$107,339$127,866
Travel$75,150$34,151$9,732$119,033
Depreciation Depletion-$85,925-$85,925
Other Expenses$41,101$5,321$4,033$50,455
Office Expenses$9,853$30,443$3,989$44,285
Fees for Services Accounting-$39,645-$39,645
Conferences and Meetings$15,000$149$3,218$18,367
Insurance-$10,402-$10,402
Total Functional Expenses$5,356,827$1,464,799$1,139,724$7,961,350
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
Lease liabilities$790,905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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

“Form 990 is reviewed by the organization's officers and finance personnel and is then distributed to the Board of Directors prior to filing with the IRS.”

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

“Directors and all employees are subject to the organization's conflict of interest policy. All have a duty to disclose potential conflicts of interest per the policy. The organization's board meeting minutes record any conflicts of interest and preclude the related Director from voting on any conflicted issue. Employees and Directors are required to affirm annually that no conflicts of interest exist.”

Form 990, Part VI, Section B, line 15

“A review of comparable compensation is conducted by corporate counsel with review by the Board Chair to determine compensation for the CEO. For other officers and key employees, the Board utilized comparability data to determine compensation.”

Form 990, Part VI, Section C, line 19

“The organization discloses its Privacy Policy, Terms of Use, and Ethics Policy on its website.”

Filing and Contact Details

Filer

Filer Name
Houston Local Information
EIN
87-4133043
Phone
9176607395
Address
4203 Montrose Blvd 650, Houston, TX 77006
Doing Business As
Houston Landing

Signing Officer

Name
Ann Stern
Title
President
Phone
9176607395
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Bhatia
Formed
2021
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
61
Volunteers
6

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
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