Civic Intelligence

Houston Family Business Association

EIN 93-1972866 • 501(c)3 • Houston, TX

Profile

The corporation is organized for the purpose of providing education, resources, and support for family-owned businesses of all industries through mentoring, shared experiences, and developing meaningful business relationships.

5555 San Felipe 500Houston, TX 77056

www.houstonfamilybusiness.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

93rd percentile

66%

Higher net margin than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

$895

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$895

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin93rd percentile

Revenue

$1,350

No earlier filing loaded for comparison.

Expenses

$455

No earlier filing loaded for comparison.

Net Income

$895

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.0K$500$0Assets 2023: $895Liabilities 2023: $0Net Assets 2023: $8952023

Highlighted filing

2023

Assets$895
Liabilities$0
Net Assets$895
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5K$1.0K$500$0Revenue 2023: $1,350Expenses 2023: $455Net Income 2023: $8952023

Highlighted filing

2023

Revenue$1,350
Expenses$455
Net Income$895
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$895
Liabilities
$0
Net assets
$895
Revenue
$1,350
Expenses
$455
Net income
$895
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$895$0$895$1,350$455$895
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 20, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$1,350
Mission and Program Overview

Mission

The corporation is organized for the purpose of providing education, resources, and support for family-owned businesses of all industries through mentoring, shared experiences, and developing meaningful business relationships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$895▲ $895
Rtn Earn Endowment Incm Other Fnds$0$895▲ $895
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$895▲ $895
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$895▲ $895
Total Liabilities and Net Assets / Fund Balance$0$895▲ $895
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Ann LaufmanDirector
Evie SmithDirector
Greg Den HerderDirector
Heidi ThomeDirector
Joseph FoxworthDirector
Kieran WheelerDirector
Rod ChristDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,350
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$455
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
Other Expenses-$51-$51
Total Functional Expenses$0$455$0$455
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Before filing, the return is provided to all board members via email for review and comments. Once approved, the returned is filed with the authorities as required.”

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

“The organization regularly confirms with its governing body as to whether there are any conflicts of interest”

Form 990, Part VI, Section C, Line 19

“Upon request, houston family business association will provide copies of form 990 and its organization's application and policies to the public.”

Filing and Contact Details

Filer

Filer Name
Houston Family Business Association
EIN
93-1972866
Phone
7132660110
Address
5555 SAN FELIPE 500, HOUSTON, TX 77056

Signing Officer

Name
Heidi Thome
Title
Treasurer
Phone
7132660110
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heidi Weeks Thome
Formed
2023
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Blakely & Weeks-thome Pllc
Address
5555 SAN FELIPE SUITE 500, HOUSTON, TX 77056
Preparer
Heidi Weeks-thome
Phone
7132660110
Raw XML Appendix292 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEFORE FILING, THE RETURN IS PROVIDED TO ALL BOARD MEMBERS VIA EMAIL FOR REVIEW AND COMMENTS. ONCE APPROVED, THE RETURNED IS FILED WITH THE AUTHORITIES AS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY CONFIRMS WITH ITS GOVERNING BODY AS TO WHETHER THERE ARE ANY CONFLICTS OF INTEREST
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