Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 87-4253604 • 501(c)3 • Houston, TX
Profile
The foundation will conduct research and development programs to evaluate the patient benefits of several emerging technologies and tools in colorectal surgery. This research will be aimed at developing and implementing new technology into practice for colorectal surgeons, trainees, and patients.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Assets
Up$332,299
Up $14,674 (+4.6%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$332,299
Up $14,674 (+4.6%) from 2023
Revenue
Up$207,828
Up $14,425 (+7.5%) from 2023
Expenses
Up$193,154
Up $11,726 (+6.5%) from 2023
Net Income
Up$14,674
Up $2,699 (+23%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The foundation will conduct research and development programs to evaluate the patient benefits of several emerging technologies and tools in colorectal surgery. This research will be aimed at developing and implementing new technology into practice for colorectal surgeons, trainees, and patients.
SEE ATTACHED SCHEDULE O
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $317,625 | $332,299 | ▲ $14,674 |
| Cash and Non-Interest-Bearing Accounts | $314,525 | $327,987 | ▲ $13,462 |
| Other Notes and Loans Receivable, Net | $3,100 | $3,100 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $1,212 | ▲ $1,212 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Accounts Receivable | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $317,625 | $332,299 | ▲ $14,674 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $0 | $0 | → $0 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $317,625 | $332,299 | ▲ $14,674 |
| Total Liabilities and Net Assets / Fund Balance | $317,625 | $332,299 | ▲ $14,674 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $1,212 | $2,576 | - |
| Name | Title |
|---|---|
| Eric Haas | Director & President |
| Joshua Coursey | Director |
| Jean-paul Lefave | Director & Secretary |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $87,599 |
| Salaries, Compensation, and Employee Benefits | $54,334 |
| Other Expenses | $51,221 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $87,599 | - | - | $87,599 |
| Other Salaries and Wages | $49,104 | $0 | $0 | $49,104 |
| Fees for Services Legal | $17,806 | $0 | $0 | $17,806 |
| Travel | $14,482 | $0 | $0 | $14,482 |
| Payroll Taxes | $5,149 | $0 | $0 | $5,149 |
| Fees for Services Accounting | $5,121 | $0 | $0 | $5,121 |
| All Other Expenses | $3,552 | - | - | $3,552 |
| Depreciation Depletion | $2,576 | - | - | $2,576 |
| Other Expenses | $1,004 | - | - | $1,004 |
| Other Employee Benefits | $81 | $0 | $0 | $81 |
| Total Functional Expenses | $193,154 | $0 | $0 | $193,154 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| HM Hospital Foundation | Houston, TX | - | Charitable | $82,699 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“The completed irs form 990 is delivered to the directors of the foundation for the first review. The executive director and president signs the form 8879-te, irs e-file signature authorization for a tax-exempt organization. All directors are furnished copies of form 990 during review, and a copy of the final return is maintained for public inspection, except for schedule b.”
“The organization has a written policy for conflict of interest. The organization's directors are covered by the policy established in the bylaws of the foundation.”
“The organization makes the governing documents, conflict of interest policy, and financial statements available to the public upon written or verbal request within a reasonable amount of time. It is available within two weeks at a designated place and time or within 30 days a mailed copy can be sent to the requestor. This form is also available for three years for inspection as well.”
“The purpose of the foundation is to (1) conduct research and development programs with regard to emerging technologies and tools for the betterment of colorectal diseases treatment, (2) provide education and outreach programs that will develop educational programs, print media, etc. For the medical community to disseminate best practices for colorectal diseases, (3) make donations to charitable organizations that positively impact the lives of those suffering with diseases of the colon, rectum, and anus, (4) develop collaborative projects with houston methodist research institute, university of houston college of medicine, baylor college of medicine, rice university, and potentially others.”
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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| IRS990/Desc | 0 | THE FOUNDATION CONDUCTS RESEARCH TO IMPROVE AND IMPLEMENT NEW TECHNOLOGIES TO ADVANCE TREATMENTS OF COLON AND RECTAL CANCER, DIVERTICULITIS, ULCERATIVE COLITIS, CROHN'S DISEASE, AND OTHER DISEASES OF THE COLON, RECTUM, AND ANUS. |
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| IRS990/MissionDesc | 0 | THE FOUNDATION WILL CONDUCT RESEARCH AND DEVELOPMENT PROGRAMS TO EVALUATE THE PATIENT BENEFITS OF SEVERAL EMERGING TECHNOLOGIES AND TOOLS IN COLORECTAL SURGERY. THIS RESEARCH WILL BE AIMED AT DEVELOPING AND IMPLEMENTING NEW TECHNOLOGY INTO PRACTICE FOR COLORECTAL SURGEONS, TRAINEES, AND PATIENTS. |
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| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 14674 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 317625 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 332299 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 207828 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 193403 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 420645 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 821876 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 821876 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 207828 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 193403 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 420645 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 821876 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 821876 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 1212 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2576 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 3788 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1212 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 82699 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | CHARITABLE |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | HM Hospital Foundation |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 1707 Sunset Blvd |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Houston |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 77005 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PURPOSE OF THE FOUNDATION IS TO (1) CONDUCT RESEARCH AND DEVELOPMENT PROGRAMS WITH REGARD TO EMERGING TECHNOLOGIES AND TOOLS FOR THE BETTERMENT OF COLORECTAL DISEASES TREATMENT, (2) PROVIDE EDUCATION AND OUTREACH PROGRAMS THAT WILL DEVELOP EDUCATIONAL PROGRAMS, PRINT MEDIA, ETC. FOR THE MEDICAL COMMUNITY TO DISSEMINATE BEST PRACTICES FOR COLORECTAL DISEASES, (3) MAKE DONATIONS TO CHARITABLE ORGANIZATIONS THAT POSITIVELY IMPACT THE LIVES OF THOSE SUFFERING WITH DISEASES OF THE COLON, RECTUM, AND ANUS, (4) DEVELOP COLLABORATIVE PROJECTS WITH HOUSTON METHODIST RESEARCH INSTITUTE, UNIVERSITY OF HOUSTON COLLEGE OF MEDICINE, BAYLOR COLLEGE OF MEDICINE, RICE UNIVERSITY, AND POTENTIALLY OTHERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE COMPLETED IRS FORM 990 IS DELIVERED TO THE DIRECTORS OF THE FOUNDATION FOR THE FIRST REVIEW. THE EXECUTIVE DIRECTOR AND PRESIDENT SIGNS THE FORM 8879-TE, IRS E-FILE SIGNATURE AUTHORIZATION FOR A TAX-EXEMPT ORGANIZATION. ALL DIRECTORS ARE FURNISHED COPIES OF FORM 990 DURING REVIEW, AND A COPY OF THE FINAL RETURN IS MAINTAINED FOR PUBLIC INSPECTION, EXCEPT FOR SCHEDULE B. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION HAS A WRITTEN POLICY FOR CONFLICT OF INTEREST. THE ORGANIZATION'S DIRECTORS ARE COVERED BY THE POLICY ESTABLISHED IN THE BYLAWS OF THE FOUNDATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN OR VERBAL REQUEST WITHIN A REASONABLE AMOUNT OF TIME. IT IS AVAILABLE WITHIN TWO WEEKS AT A DESIGNATED PLACE AND TIME OR WITHIN 30 DAYS A MAILED COPY CAN BE SENT TO THE REQUESTOR. THIS FORM IS ALSO AVAILABLE FOR THREE YEARS FOR INSPECTION AS WELL. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART 1, LINE 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990 PART VI, SECTION C LINE 19 |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 317625 |
| IRS990/TotalAssetsEOYAmt | 0 | 332299 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 317625 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 332299 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 207828 |
| IRS990/TotalEmployeeCnt | 0 | 5 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 193154 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 193154 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 317625 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 332299 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 193154 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 0 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 207828 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 317625 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 332299 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
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| IRS990/TravelGrp/ProgramServicesAmt | 0 | 14482 |
| IRS990/TravelGrp/TotalAmt | 0 | 14482 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 3411 ROBINHOOD ST |
| IRS990/USAddress/CityNm | 0 | HOUSTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 77005 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ERIC HAAS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7137900600 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HOUSTON COLON FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOUS |
| ReturnHeader/Filer/EIN | 0 | 874253604 |
| ReturnHeader/Filer/InCareOfNm | 0 | % ERIC HAAS |
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