Civic Intelligence

Texas Hillel Endowment Foundation

990 • Fiscal year 2015 • EIN 90-0708097

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

2105 San Antonio StAustin, TX 78705

(512) 476-0125

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

41st percentile

$37,967

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 21.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

32nd percentile

-2.9%

Faster asset growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

28%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,632,015

Down $49,119 (-2.9%) from 2014

Net Assets

Down

$1,632,015

Down $49,119 (-2.9%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$179,772

Up $39,761 (+28%) from 2014

Expenses

Down

$124,713

Down $7,105 (-5.4%) from 2014

Net Income

Up

$55,059

Up $46,866 (+572%) from 2014

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 2014: $1,681,134Liabilities 2014: $0Net Assets 2014: $1,681,1342014Assets 2015: $1,632,015Liabilities 2015: $0Net Assets 2015: $1,632,0152015Assets 2016: $1,492,197Liabilities 2016: $0Net Assets 2016: $1,492,1972016Assets 2017: $1,539,981Liabilities 2017: $0Net Assets 2017: $1,539,9812017Assets 2018: $1,536,884Liabilities 2018: $0Net Assets 2018: $1,536,8842018Assets 2019: $1,543,838Liabilities 2019: $0Net Assets 2019: $1,543,8382019Assets 2020: $1,498,355Liabilities 2020: $60,206Net Assets 2020: $1,438,1492020Assets 2021: $1,701,496Liabilities 2021: $0Net Assets 2021: $1,701,4962021Assets 2022: $1,504,540Liabilities 2022: $5,793Net Assets 2022: $1,498,7472022Assets 2023: $1,471,982Liabilities 2023: $6,000Net Assets 2023: $1,465,9822023

Highlighted filing

2015

Assets$1,632,015
Liabilities$0
Net Assets$1,632,015

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $140,011Expenses 2014: $131,818Net Income 2014: $8,1932014Revenue 2015: $179,772Expenses 2015: $124,713Net Income 2015: $55,0592015Revenue 2016: $70,832Expenses 2016: $123,454Net Income 2016: -$52,6222016Revenue 2017: $316,636Expenses 2017: $110,157Net Income 2017: $206,4792017Revenue 2018: $77,987Expenses 2018: $108,927Net Income 2018: -$30,9402018Revenue 2019: $55,718Expenses 2019: $93,189Net Income 2019: -$37,4712019Revenue 2020: $119,362Expenses 2020: $114,490Net Income 2020: $4,8722020Revenue 2021: $74,399Expenses 2021: $87,859Net Income 2021: -$13,4602021Revenue 2022: $157,785Expenses 2022: $102,198Net Income 2022: $55,5872022Revenue 2023: $116,698Expenses 2023: $135,371Net Income 2023: -$18,6732023

Highlighted filing

2015

Revenue$179,772
Expenses$124,713
Net Income$55,059
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$179,772
Mission and Program Overview

Mission

To support the work of texas hillel foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,635,721$1,559,116▼ $76,605
Accounts Receivable$22,800$50,287▲ $27,487
Land, Buildings, and Equipment, Net$22,613$22,612▼ $1
Total Assets$1,681,134$1,632,015▼ $49,119
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,531,473$1,444,430▼ $87,043
Permanently Rstr Net Assets$104,247$104,247→ $0
Unrestricted Net Assets$45,414$83,338▲ $37,924
Total Net Assets Fund Balance$1,681,134$1,632,015▼ $49,119
Total Liabilities and Net Assets / Fund Balance$1,681,134$1,632,015▼ $49,119

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,612$1,879$24,491
Buildings$0--
Other Land Buildings$0--
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,681,134$60,719▲ $4,438-$1,632,015
2013$1,604,551$8,136▲ $200,265$0$1,681,134
2012$1,578,161$22,755▲ $143,997$40,951$1,604,551
2011$1,663,569$61,554▼ $17,425$20,383$1,578,161
2010$1,471,411$157,352▲ $185,763$25,066$1,663,569
Compensation and Service Providers

Employees

NameTitleOtherTotal
Daniel A SeptimusExecutive Director$37,967$37,967

Board Members and Trustees

NameTitle
Glen RosenbaumChair
David GoldsteinBoard Member
Donald FreedmanBoard Member
Esther PollandBoard Member
Howard RubinBoard Member
Kenneth GoldbergBoard Member
Larry ShoenbrunBoard Member
Larry SteinbergBoard Member
Lenny KransnowBoard Member
Steven FinkelmanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$60,719
Program Service Revenue
$0
Investment Income
$119,053
Other Revenue
$0
All Other Contributions
$60,719
Change in Net Assets
$55,059

Audited Revenue Reconciliation

Revenue per Audited Statements
$169,335
Revenue Not Reported on Financial Statements
$10,437
Revenue Not Reported on Form 990
$-104,178
Total Revenue per Audited Statements
$65,157
Total Revenue per Form 990
$179,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$81,044
Professional Fundraising Fees$33,000
Total Fundraising Expense$33,000
Other Expenses$10,669
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$81,044--$81,044
Fees for Services Professional Fundraising--$33,000$33,000
Fees for Service Investment Mgmnt Fees-$10,437-$10,437
Office Expenses-$232-$232
Total Functional Expenses$81,044$10,669$33,000$124,713

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$124,713
Expenses per Audited Statements$114,276
Total Expenses per Audited Statements$114,276
Expenses Not Reported on Financial Statements$10,437
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Texas Hillel FoundationAustin, TX501(c)(3)Support the Texas Hillel Foundation$81,044
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$33,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 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 11

Budget & Finance Committee, made up primarily of financial-oriented volunteers, reviews a draft of the return which is then reviewed by the board before it is filed with IRS.

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

The Organization's management and leadership enforce the adopted policies with twice-annual reviews.

Form 990, Part VI, Section B, line 15

N/A - there are no employees

Form 990, Part VI, Section C, line 19

Texas Hillel Endowment Foundation makes it governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Texas Hillel Endowment Foundation
EIN
90-0708097
Phone
5124760125
Address
2105 San Antonio St, Austin, TX 78705

Signing Officer

Name
Daniel A Septimus
Title
Executive Director
Phone
5124760125
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Septimus
Formed
2003
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
PMB Helin Donovan LLP
Address
5918 W Courtyard Drive Suite 500, Austin, TX 78730
Preparer
Wallace F Helin
Phone
5122589670
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The Organization's management and leadership enforce the adopted policies with twice-annual reviews.

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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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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt033232
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01681134
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt060719
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01632015
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt081044
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt04438
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt052825
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01604551
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt08136
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01681134
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt078993
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0200265
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt027000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01578161
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt022755
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01604551
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt072411
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0143997
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt040951
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt036000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01663569
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt061554
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01578161
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt073154
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-17425
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt020383
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt036000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01471411
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0157352
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01663569
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt089891
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0185763
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt025066
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt022612
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01879
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024491
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt010437
IRS990ScheduleD/ExpensesSubtotalAmt0114276
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt010437
IRS990ScheduleD/InvestmentExpensesNotIncldAmt010437
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-104178
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/RevenueNotReportedAmt0-104178
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt010437
IRS990ScheduleD/RevenueSubtotalAmt0169335
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022612
IRS990ScheduleD/TotalExpensesPerForm990Amt0124713
IRS990ScheduleD/TotalRevenuePerForm990Amt0179772
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt065157
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0114276
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Consultant providing support on legacy, endowment, and opera
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-33000
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0Hans Mayer
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt033000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt03435 Paisley
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Houston
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd077096
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0(i) Name of Fundraiser: Hans Mayer (i) Address of Fundraiser: 3435 Paisley, Houston, TX 77096 (ii) Activity: Consultant providing support on legacy, endowment, and operational giving.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule G, Part I, Line 2b, List of Ten Highest Paid Fundraisers:
IRS990ScheduleG/TotalNetToOrganizationAmt0-33000
IRS990ScheduleG/TotalRetainedByContractorsAmt033000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt081044
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support the Texas Hillel Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Texas Hillel Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0521758802
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02105 San Antonio St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Austin
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd078705
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Texas Hillel Foundation's Audit and Finance Committee ensures the spending policy approved by the Texas Hillel Endowment Foundation Board is followed. No grants are restricted.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Budget & Finance Committee, made up primarily of financial-oriented volunteers, reviews a draft of the return which is then reviewed by the board before it is filed with IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization's management and leadership enforce the adopted policies with twice-annual reviews.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2N/A - there are no employees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Texas Hillel Endowment Foundation makes it governing documents and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization's management and leadership enforce the adopted policies with twice-annual reviews.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Texas Hillel Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521758802
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Supports University of Texas Students
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02105 San Antonio St
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Austin
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078705
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01

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