Believe IT Foundation FY2020 filing

Tax-deductible

San Antonio, TX501(c)(3)Health CareEIN 30-0512535Revenue $280K in FY2020

On file with the IRSbelieveitfoundation.org7373 Broadway Ste 105, 78209-3264 · San Antonio, TXTax-exempt since Jul 2009Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Organization's purpose is to enrich the lives of physically challenged children through the inclusion of those children in the lives and experiences of those who DO not face the same limitations.

501(c)(3) charity; gifts are tax-deductible.
28¢ of each $1 spent went to programs.
$52K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $59K a year · 12% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
28%
of spending
Concern: 28% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $343K
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 10 voting members
Looks good: 7 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$280K
Spent
$253K
To programs
28%
Net assets
$404K
By yearFY2020–FY2025
Revenue
$280K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$280K
FY2021$577K
FY2022$362K
FY2023$528K
FY2024$664K
FY2025$595K
Expenses
$253K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$253K
FY2021$329K
FY2022$542K
FY2023$536K
FY2024$485K
FY2025$505K
Net assets
$404K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$404K
FY2021$652K
FY2022$449K
FY2023$462K
FY2024$671K
FY2025$822K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2009.

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

Where the money goes

28 cents of each dollar spent went to programs.

Program services 28% · $70K Management & general 68% · $173K Fundraising 4% · $10K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation
Program Director
$28,044Pt VII · Sec A
$24,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

William K McGinnis’s $72K as Program Director is at the 57th percentile of top reported officer pay among 1979 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
William K McGinnis$72,000$72,000$72,000$66,000$66,000$28,044
Andrew McAllister$48,000$32,000————
Cecile McAllister$36,000$36,000$34,000$26,380$24,000$24,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Believe IT Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects children with physical challenges to experiences with peers without limitations.

Questions for Believe IT Foundation

Tap to ask. Believe IT Foundation sees how many people are interested.

Your first name shows with your question. Believe IT Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $70K · in their own filed words · FY2020
01

Providing opportunities for the inclusion of physically challenged children in activities with children who do not face the same limitations thru camp and social activities.

$70Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 15 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$280K
Ln 12
Gifts and grantsLn 1h$267K
Other incomeLn 4–11$8K
Investment incomeLn 3$4K
Money outPt IX
$253K
Ln 25
Programscol B$70K
Managementcol C$173K
Fundraisingcol D$10K
Owns and owesPt X
$404K
net assets · Ln 32
Cash and savingsLn 1–2$162K
Total assetsLn 16$405K
LiabilitiesLn 26$1K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$267K
Government grantsLn 1e$1K
Investment incomeLn 3$4K
Other incomeLn 4–11$8K
Gains on assetsLn 7−$3K
Total revenueLn 12$280K
Assets in detailPt X, end of year
CashLn 1$162K
Cash and savings togetherLn 1–2$162K
InvestmentsLn 11–13$240K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$405K
LiabilitiesLn 26$1K
Net assetsLn 32$404K
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$143K$162K
InvestmentsLn 11–13$228K$240K
Land, buildings, equipmentLn 10c$5K$3K
Total assetsLn 16$377K$405K
LiabilitiesLn 26$0$1K
Net assetsLn 32$377K$404K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$25K$25K
Payroll taxesLn 10$2K$2K
Management feesLn 11a$24K$12K$12K
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$5K$5K
Professional fundraising feesLn 11e$10K$10K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$5K$3K$3K
Advertising and promotionLn 12$208$208
Office expensesLn 13$691$691
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$783$783
Other expenses (24a–d)Ln 24$156K$26K$130K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$253K$70K$173K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $595K$505K$90K$822K 990 PDF
FY2024 $664K$485K$179K$671K 990 PDF
FY2023 $528K$536K−$8K$462K 990 PDF
FY2022 $362K$542K−$180K$449K 990 PDF
FY2021 $577K$329K$248K$652K 990 PDF
FY2020 Viewing $280K$253K$27K$404K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2020 990 (6 parts)
Part I · Summary $279,647 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $213,686$267,223
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $12,285$4,244
I-11 Other revenuePrior year $34,622$8,180
I-12 Total revenuePrior year $260,593$279,647
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$26,913
I-16a Professional fundraising feesPrior year $0$10,000
I-17 Other expensesPrior year $241,828$215,853
I-18 Total expensesPrior year $241,828$252,766
I-19 Revenue less expensesPrior year $18,765$26,881
Part VI · Governance 7 of 10 board members independent, 5 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $279,647 across 8 lines filed
VIII-1e Government grants$1,000
VIII-1f All other contributions, gifts and grants$266,223
VIII-1h Total contributions, gifts and grants$267,223
VIII-3 Investment incomeExcluded from tax $7,674$7,674
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$3,430−$3,430
VIII-8 Net income from fundraising eventsExcluded from tax $142$142
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $8,038$8,038
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $12,424$279,647
Part IX · Statement of functional expenses $252,766 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $25,000$25,000
IX-10 Payroll taxesPrograms $1,913$1,913
IX-11a Management feesPrograms $12,000 · Management $12,000$24,000
IX-11b Legal feesManagement $12,000$12,000
IX-11c Accounting feesManagement $4,869$4,869
IX-11e Professional fundraising feesFundraising $10,000$10,000
IX-11f Investment management feesManagement $3,341$3,341
IX-11g Other fees for servicesPrograms $2,555 · Management $2,555$5,110
IX-12 Advertising and promotionManagement $208$208
IX-13 Office expensesManagement $691$691
IX-22 Depreciation, depletion and amortizationPrograms $2,662$2,662
IX-23 InsuranceManagement $783$783
IX-24 Other expenses (24a–d)Programs $26,116 · Management $129,968$156,084
IX-24e All other expensesManagement $6,105$6,105
IX-25 Total functional expensesPrograms $70,246 · Management $172,520 · Fundraising $10,000$252,766
Part X · Balance sheet $405,030 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $143,308$162,375
X-10c Land, buildings and equipment, netStart of year $5,322$2,660
X-12 Other securitiesStart of year $228,232$239,995
X-16 Total assetsStart of year $376,862$405,030
X-25 Other liabilitiesStart of year $0$1,287
X-26 Total liabilitiesStart of year $0$1,287
X-32 Total net assets or fund balancesStart of year $376,862$403,743
X-33 Total liabilities and net assetsStart of year $376,862$405,030
Part XI · Reconciliation of net assets $403,743 net assets at year end
XI-1 Total revenue$279,647
XI-2 Total expenses$252,766
XI-3 Revenue less expenses$26,881
XI-4 Net assets at start of year$376,862
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$403,743

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.