Palacios Community Hub

Tax-deductible

Palacios, TX501(c)(3)EIN 46-4903441Revenue $427K in FY2024

On file with the IRSpalacioshub.orgPo Box 385, 77465-0385 · Palacios, TXTax-exempt since Oct 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Strengthening families through literacy and Community services

501(c)(3) charity; gifts are tax-deductible.
40¢ of each $1 spent went to programs.
$145K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $26K a year · 9% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
40%
of spending
Concern: 40% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$145K
to officers and key staff · 41% of spending
Concern: pay to officers and key staff is 41% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $298K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$427K
+55% vs prior year
Spent
$352K
To programs
40%
Net assets
$115K
By yearFY2020–FY2024
Revenue
$427K
FY2024▲ +55%
Tap a bar for its year
Revenue by fiscal year
FY2020$207K
FY2021$192K
FY2022$154K
FY2023$275K
FY2024$427K
Expenses
$352K
FY2024▲ +44%
Tap a bar for its year
Expenses by fiscal year
FY2020$206K
FY2021$196K
FY2022Not on file
FY2023$245K
FY2024$352K
Net assets
$115K
FY2024▲ +190%
Tap a bar for its year
Net assets by fiscal year
FY2020$81K
FY2021$102K
FY2022$10K
FY2023$40K
FY2024$115K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

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

Where the money goes

40 cents of each dollar spent went to programs.

Program services 40% · $141K Management & general 60% · $211K

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

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Who runs it and what they're paid

11 people listed on the 990; $145K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$58,166Pt VII · Sec A
Parents as Teachers Educator
$53,054Pt VII · Sec A
Supervisor
$34,100Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Advisory Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022
Emily Fagan-Baker$58,166—$52,099
Enelda Robins$53,054——
Emily Faganbaker—$52,679—
Anh Dao Nguyen$34,100——

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 Palacios Community Hub 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

Strengthens families by providing literacy programs and community support.

Provided by the organization

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3 programs · $137K · in their own filed words · FY2024
01

Parents as Teachers

The parents as teacher program provides home-based and group educational support with children from birth to age six. Certified parent educators work directly with parents to strengthen early childhood development improve school readiness and promote positive family relationships.

$63Kprogram expense
02

Various Programs

Ag lecture series books & beyond days of caring health expo hurricane relief job fair lit camp water aerobics wellness council and zumba to strengthen families through literacy and community services.

$54Kprogram expense
03

The community outreach program combines adult english as a second language esl classes with a youth summer reading initiative to promote literacy and lifelong learning. Esl participants build communication skills that enhance employability and community engagement while the summer reading program encourages children to maintain literacy…

$20Kprogram 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
Total grants receivedfrom 4 funders$298K
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$427K
Ln 12
Gifts and grantsLn 1h$416K
Other incomeLn 4–11$11K
Money outPt IX
$352K
Ln 25
Programscol B$141K
Managementcol C$211K
Owns and owesPt X
$115K
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$118K
LiabilitiesLn 26$2K
PeoplePt VI, VII
11
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$416K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Other incomeLn 4–11$11K
Gains on assetsLn 7$0
Total revenueLn 12$427K
Assets in detailPt X, end of year
CashLn 1$117K
SavingsLn 2$0
Cash and savings togetherLn 1–2$117K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$118K
LiabilitiesLn 26$2K
Net assetsLn 32$115K
OperationsPt I, VI
EmployeesI 59
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$43K$117K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$44K$118K
LiabilitiesLn 26$4K$2K
Net assetsLn 32$40K$115K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$145K$53K$92K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$67K$5K$63K$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$16K$4K$12K$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$2K$0$2K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$5K$5K$0$0
Advertising and promotionLn 12$7K$7K$0$0
Office expensesLn 13$11K$8K$3K$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$19K$2K$18K$0
TravelLn 17$4K$4K$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$5K$4K$1K$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$58$0$58$0
InsuranceLn 23$1K$41$1K$0
Other expenses (24a–d)Ln 24$54K$47K$6K$0
All other expensesLn 24e$14K$2K$13K$0
Total functional expensesLn 25$352K$141K$211K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $427K$352K$75K$115K 990 PDF
FY2023 $275K$245K$30K$40K 990 PDF
FY2022 $154K$10K 990 PDF
FY2021 $192K$196K−$4K$102K 990 PDF
FY2020 $207K$206K$1K$81K 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 FY2024 990 (6 parts)
Part I · Summary $427,258 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $274,765$415,834
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$11,424
I-12 Total revenuePrior year $274,765$427,258
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 $174,807$228,984
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $70,306$122,801
I-18 Total expensesPrior year $245,113$351,785
I-19 Revenue less expensesPrior year $29,652$75,473
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $427,258 across 16 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$400,996
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$415,834
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $11,424 · Excluded from tax $0$11,424
VIII-12 Total revenueRelated to mission $0 · Unrelated business $11,424 · Excluded from tax $0$427,258
Part IX · Statement of functional expenses $351,785 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $53,054 · Management $92,266 · Fundraising $0$145,320
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $4,820 · Management $62,572 · Fundraising $0$67,392
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $4,427 · Management $11,845 · Fundraising $0$16,272
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $2,497 · Fundraising $0$2,497
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $4,720 · Management $0 · Fundraising $0$4,720
IX-12 Advertising and promotionPrograms $7,017 · Management $0 · Fundraising $0$7,017
IX-13 Office expensesPrograms $8,433 · Management $2,811 · Fundraising $0$11,244
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $1,645 · Management $17,731 · Fundraising $0$19,376
IX-17 TravelPrograms $3,676 · Management $0 · Fundraising $0$3,676
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $3,919 · Management $1,213 · Fundraising $0$5,132
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $58 · Fundraising $0$58
IX-23 InsurancePrograms $41 · Management $1,074 · Fundraising $0$1,115
IX-24 Other expenses (24a–d)Programs $47,445 · Management $6,211 · Fundraising $0$53,656
IX-24e All other expensesPrograms $1,760 · Management $12,550 · Fundraising $0$14,310
IX-25 Total functional expensesPrograms $140,957 · Management $210,828 · Fundraising $0$351,785
Part X · Balance sheet $117,561 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $43,437$117,326
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $293$235
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $43,730$117,561
X-17 Accounts payable and accrued expensesStart of year $3,972$2,330
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $3,972$2,330
X-32 Total net assets or fund balancesStart of year $39,758$115,231
X-33 Total liabilities and net assetsStart of year $43,730$117,561
Part XI · Reconciliation of net assets $115,231 net assets at year end
XI-1 Total revenue$427,258
XI-2 Total expenses$351,785
XI-3 Revenue less expenses$75,473
XI-4 Net assets at start of year$39,758
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$115,231

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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