Pilgrim Place II INC

Tax-deductible

Houston, TX501(c)(3)HousingEIN 20-8356813

To provide low income housing and community services for the economically deprived & the disabled persons

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 4
filings with a surplus
Average deficit $136K a year · 31% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$4.7M
136% of total assets
Concern: liabilities are 136% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$456K
+1% vs prior year
Spent
$614K
To programs
96%
Net assets
−$1.2M
By yearFY2020–FY2023
Revenue
$456K
FY2023▲ +1%
Revenue by fiscal year
FY2020$425K
FY2021$436K
FY2022$451K
FY2023$456K
Expenses
$614K
FY2023▲ +4%
Expenses by fiscal year
FY2020$549K
FY2021$559K
FY2022$590K
FY2023$614K
Net assets
−$1.2M
FY2023▼ -15%
Net assets by fiscal year
FY2020−$825K
FY2021−$948K
FY2022−$1.1M
FY2023−$1.2M

From the FY2023 Form 990 · see the original

Is it real?

Yes. Exemption reinstated (2010-05-15). Per the IRS revocation list. Latest filing on record: FY2023. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $590K Management & general 4% · $24K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Houston TX 77004
$0Pt VII · Sec A
10906 Whitehorn, Hou. TX 70016
$0Pt VII · Sec A
3506 Arbor St. Hou TX 77004
$0Pt VII · Sec A
See Pilgrim Place II INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers affordable housing and community support to low-income individuals and those with disabilities.

Provided by the organization

This section is blank until Pilgrim Place II INC claims this page.

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1 program service account for $590K of program spending, described in the organization's own filed words · FY2023.
01

To provide low income housing and community services for the economically deprived & the disabled persons

$590Kprogram expense

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$456K
Ln 12
Fees for servicesLn 2g$456K
Investment incomeLn 3$289
Money outPt IX
$614K
Ln 25
Programscol B$590K
Managementcol C$24K
Owns and owesPt X
−$1.2M
net assets · Ln 32
Total assetsLn 16$3.5M
LiabilitiesLn 26$4.7M
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$456K
Investment incomeLn 3$289
Total revenueLn 12$456K
Assets in detailPt X, end of year
CashLn 1$0
Land, buildings, equipmentLn 10c$3.3M
Other assetsLn 15$211K
Total assetsLn 16$3.5M
LiabilitiesLn 26$4.7M
Net assetsLn 32−$1.2M
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1K$0
Land, buildings, equipmentLn 10c$3.4M$3.3M
Total assetsLn 16$3.6M$3.5M
LiabilitiesLn 26$4.7M$4.7M
Net assetsLn 32−$1.1M−$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$160K$160K$0$0
Other employee benefitsLn 9$10K$10K$0$0
Payroll taxesLn 10$11K$11K$0$0
Management feesLn 11a$42K$42K$0$0
Accounting feesLn 11c$7K$7K$0$0
Office expensesLn 13$24K$0$24K$0
Depreciation, depletion and amortizationLn 22$129K$129K$0$0
InsuranceLn 23$55K$55K$0$0
Other expenses (24a–d)Ln 24$178K$178K$0$0
Total functional expensesLn 25$614K$590K$24K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $456K$614K−$158K−$1.2M 990 PDF
FY2022 $451K$590K−$139K−$1.1M 990 PDF
FY2021 $436K$559K−$124K−$948K 990 PDF
FY2020 $425K$549K−$124K−$825K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $456,138 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$455,849
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$289
VIII-12 Total revenueRelated to mission $456,138 · Unrelated business $0 · Excluded from tax $0$456,138
Part IX · Statement of functional expenses $614,442 across 9 lines filed
IX-7 Other salaries and wagesPrograms $159,633 · Management $0 · Fundraising $0$159,633
IX-9 Other employee benefitsPrograms $9,805 · Management $0 · Fundraising $0$9,805
IX-10 Payroll taxesPrograms $10,773 · Management $0 · Fundraising $0$10,773
IX-11a Management feesPrograms $41,520 · Management $0 · Fundraising $0$41,520
IX-11c Accounting feesPrograms $6,820 · Management $0 · Fundraising $0$6,820
IX-13 Office expensesPrograms $0 · Management $24,159 · Fundraising $0$24,159
IX-22 Depreciation, depletion and amortizationPrograms $128,901 · Management $0 · Fundraising $0$128,901
IX-23 InsurancePrograms $55,222 · Management $0 · Fundraising $0$55,222
IX-24 Other expenses (24a–d)Programs $177,609 · Management $0 · Fundraising $0$177,609
IX-25 Total functional expensesPrograms $590,283 · Management $24,159 · Fundraising $0$614,442
Part X · Balance sheet $3,488,220 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $1,213$0
X-9 Prepaid expenses and deferred chargesStart of year $11,822$15,815
X-10c Land, buildings and equipment, netStart of year $3,390,128$3,261,227
X-15 Other assetsStart of year $241,843$211,178
X-16 Total assetsStart of year $3,645,006$3,488,220
X-17 Accounts payable and accrued expensesStart of year $53,400$52,903
X-25 Other liabilitiesStart of year $12,546$14,561
X-26 Total liabilitiesStart of year $4,732,346$4,733,864
X-27 Net assets without donor restrictionsStart of year −$1,087,340−$1,245,644
X-32 Total net assets or fund balancesStart of year −$1,087,340−$1,245,644
X-33 Total liabilities and net assetsStart of year $3,645,006$3,488,220
Part XI · Reconciliation of net assets −$1,245,644 net assets at year end
XI-1 Total revenue$456,138
XI-2 Total expenses$614,442
XI-3 Revenue less expenses−$158,304
XI-4 Net assets at start of year−$1,087,340
XI-10 Net assets at end of year−$1,245,644

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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