Civic Intelligence

Central Texas Housing

EIN 93-1355619 • 501(c)3 • Austin, TX

Profile

To further the charitable and educational purposes of its members.

4315 Guadalupe 300Austin, TX 78751

www.austincf.org

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.99x

Higher debt load relative to assets than 93% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

37.00x

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

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

Net Margin

81st percentile

31%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$358,570

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 80.9% of source-year revenue.

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

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

Assets

$16,520,321

No earlier filing loaded for comparison.

Liabilities

$16,404,750

No earlier filing loaded for comparison.

Net Assets

$115,571

No earlier filing loaded for comparison.

Revenue

$443,368

No earlier filing loaded for comparison.

Expenses

$305,333

No earlier filing loaded for comparison.

Net Income

$138,035

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2024: $16,520,321Liabilities 2024: $16,404,750Net Assets 2024: $115,5712024

Highlighted filing

2024

Assets$16,520,321
Liabilities$16,404,750
Net Assets$115,571

Operations Trend

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

$600K$400K$200K$0Revenue 2024: $443,368Expenses 2024: $305,333Net Income 2024: $138,0352024

Highlighted filing

2024

Revenue$443,368
Expenses$305,333
Net Income$138,035

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.5$16.4$0.12$0.44$0.31$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$443,368
Mission and Program Overview

Mission

To further the charitable and educational purposes of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,973,699$11,606,288▲ $7,632,589
Savings and Temporary Cash Investments$6,179$4,777,307▲ $4,771,128
Cash and Non-Interest-Bearing Accounts$136,438$121,701▼ $14,737
Prepaid Expenses and Deferred Charges$15,157$15,025▼ $132
Total Assets$4,131,473$16,520,321▲ $12,388,848
Liabilities
Other Liabilities$0$11,394,750▲ $11,394,750
Unsecured Notes Loans Payable$4,153,937$5,000,000▲ $846,063
Accounts Payable and Accrued Expenses-$10,000-
Total Liabilities$4,153,937$16,404,750▲ $12,250,813
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-22,464$115,571▲ $138,035
Total Net Assets Fund Balance$-22,464$115,571▲ $138,035
Total Liabilities and Net Assets / Fund Balance$4,131,473$16,520,321▲ $12,388,848

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$11,606,288--
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Forsyth Street Asset ManagementFinancial Advisors588 BROADWAY SUITE 1208, New York, NY 10012$106,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$100,000
Investment Income
$343,368
Other Revenue
$0
Change in Net Assets
$138,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$305,333
Total Fundraising Expense$22,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$31,800$74,200-$106,000
Other Expenses$59,820$7,879$8,797$76,496
Interest$46,803$6,165$6,883$59,851
Fees for Services Management$30,967$4,079$4,554$39,600
Insurance$15,770$2,077$2,319$20,166
Fees for Services Legal$966$2,254-$3,220
Total Functional Expenses$186,126$96,654$22,553$305,333
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 From Affiliate$11,394,750
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 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 A, Line 6

The organization's sole member is the austin community foundation.

Form 990, Part VI, Section A, Line 7A

Austin community foundation, as the sole member, has the authority to elect and remove all managers on the board, and determine the size of the board.

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

Management reviews the 990 prior to providing a copy to the board and filing with the irs.

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

Each member of the board of directors is asked to complete an annual form 990 questionnaire (relationship/transactions/independence). All board, staff and volunteers must disclose their conflict of interest or potential conflict of interest to the board of the executive committee to determine if there is an actual conflict. If there is, the person with the conflict cannot vote or be present at the voting of the transaction.

Form 990, Part VI, Section C, Line 19

Central texas housing accelerator fund llc makes its governing documents and conflict of interest policy available to the public upon request. The foundation provides its audited financial statemetns available to the public upon request and is available on its website, www.austincf.org

Filing and Contact Details

Filer

Filer Name
Central Texas Housing
EIN
93-1355619
Phone
5124724483
Address
4315 GUADALUPE 300, AUSTIN, TX 78751

Signing Officer

Name
Mike Nellis
Title
CEO
Phone
5124724483
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Nellis
Formed
2023
Legal Domicile
TX
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
8

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
221 W 6TH STREET STE 1900, AUSTIN, TX 78701
Preparer
Stephanie Lew
Phone
5124796000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Underwriting fees: program service expenses 31,800. Management and general expenses 74,200. Fundraising expenses 0. Total expenses 106,000.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income taxes under section 501(c)(3) of the irc. Unrelated business income, of which the foundation had no significant amounts for the years ended december 31, 2024 and 2023, is subject to federal income taxes. Accordingly, there is no provision or liability for federal income taxes in the accompanying consolidated financial statements. The foundation recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the taxing authorities, based on the technical merits of the positions. As of december 31, 2024, there were no uncertain tax positions taken on significant estimates. The tax benefits recognized in the consolidated financial statements from such positions are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0358570
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1228305
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ANNUALLY, THE BOARD OF DIRECTORS AND ITS EXECUTIVE COMMITTEE DO A COMPREHENSIVE PERFORMANCE EVALUATION OF THE CEO. THEY DETERMINE COMPENSATION USING A VARIETY OF DATA INCLUDING THE COUNCIL ON FOUNDATIONS' ANNUAL COMMUNITY FOUNDATION SALARY SURVEY WHICH SEGMENTS CEO COMPENSATION BY REGION AND ASSET SIZE, OTHER LOCAL NONPROFIT CEO SALARY DATA AND GENERAL COMPENSATION TRENDS IN THE AREA INCLUDING COST OF LIVING AND COMPETITION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S SOLE MEMBER IS THE AUSTIN COMMUNITY FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AUSTIN COMMUNITY FOUNDATION, AS THE SOLE MEMBER, HAS THE AUTHORITY TO ELECT AND REMOVE ALL MANAGERS ON THE BOARD, AND DETERMINE THE SIZE OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT REVIEWS THE 990 PRIOR TO PROVIDING A COPY TO THE BOARD AND FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH MEMBER OF THE BOARD OF DIRECTORS IS ASKED TO COMPLETE AN ANNUAL FORM 990 QUESTIONNAIRE (RELATIONSHIP/TRANSACTIONS/INDEPENDENCE). ALL BOARD, STAFF AND VOLUNTEERS MUST DISCLOSE THEIR CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST TO THE BOARD OF THE EXECUTIVE COMMITTEE TO DETERMINE IF THERE IS AN ACTUAL CONFLICT. IF THERE IS, THE PERSON WITH THE CONFLICT CANNOT VOTE OR BE PRESENT AT THE VOTING OF THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CENTRAL TEXAS HOUSING ACCELERATOR FUND LLC MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION PROVIDES ITS AUDITED FINANCIAL STATEMETNS AVAILABLE TO THE PUBLIC UPON REQUEST AND IS AVAILABLE ON ITS WEBSITE, WWW.AUSTINCF.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNDERWRITING FEES: PROGRAM SERVICE EXPENSES 31,800. MANAGEMENT AND GENERAL EXPENSES 74,200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 106,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0AUSTIN COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1AUSTIN COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2AUSTIN COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ACF BRIGHT LEAF PRESERVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CHARITABLE HOLDINGS II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2THE AUSTIN COMMUNITY FOUNDATION CHARITABLE TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3AUSTIN COMMUNITY FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0742622814
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1274296068
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2866581216
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3741934031
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO SUPPORT THE MISSION OF THE AUSTIN COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO SUPPORT THE MISSION OF THE AUSTIN COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2TO SUPPORT THE MISSION OF THE AUSTIN COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3GRANTS FUNDS TO PUBLIC CHARITIES AND SCHOOLS; PROMOTES COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04315 GUADALUPE SUITE 300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt14315 GUADALUPE SUITE 300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt24315 GUADALUPE SUITE 300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt34315 GUADALUPE SUITE 300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078751
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd178751
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd278751
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd378751
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
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/TotalAssetsBOYAmt04131473
IRS990/TotalAssetsEOYAmt016520321
IRS990/TotalAssetsGrp/BOYAmt04131473
IRS990/TotalAssetsGrp/EOYAmt016520321
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022553
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096654
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186126
IRS990/TotalFunctionalExpensesGrp/TotalAmt0305333
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04153937
IRS990/TotalLiabilitiesEOYAmt016404750
IRS990/TotalLiabilitiesGrp/BOYAmt04153937
IRS990/TotalLiabilitiesGrp/EOYAmt016404750
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-22464
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0115571
IRS990/TotalOtherCompensationAmt043875
IRS990/TotalProgramServiceExpensesAmt0186126
IRS990/TotalProgramServiceRevenueAmt0100000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0196128
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0247240
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0443368
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04131473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016520321
IRS990/TotReportableCompRltdOrgAmt0543000

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