Michael E Debakey International FY2020 filing

Houston, TXUnknown exempt organization EIN 74-1902274Revenue $134K in FY2020Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSmediss.orgHouston, TX

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To develop and enhance the surgical skills of selected doctors in various specialties of surgical medicine.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-1902274) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average deficit $241K a year · 378% of revenue · last 3 filings
A surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
34.1 mo
of spending, in cash
Plus $796K in investments, Pt X · Ln 11–13
34.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
13
of 13 voting members
13 of 13 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$134K
Spent
$9K
To programs
0%
Net assets
$850K
By yearFY2020–FY2022
Revenue
$134K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$134K
FY2021$57K
FY2022$227
Expenses
$9K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$9K
FY2021$25K
FY2022$883K
Net assets
$850K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$850K
FY2021$882K
FY2022$0

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2022.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $9K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See Michael E Debakey International executive salaries →

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

Trains doctors to improve their surgical skills in various specialties.

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Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $852K · 2021–2022
Baylor College of MedicineTX · FY2022$841,567
Unitemized GrantFY2021$10,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$134K
Ln 12
Other incomeLn 4–11$118K
Investment incomeLn 3$16K
Gifts and grantsLn 1h$729
Money outPt IX
$9K
Ln 25
Managementcol C$9K
Owns and owesPt X
$850K
net assets · Ln 32
Cash and savingsLn 1–2$24K
Total assetsLn 16$850K
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$729
Investment incomeLn 3$16K
Other incomeLn 4–11$118K
Gains on assetsLn 7$118K
Total revenueLn 12$134K
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$18K
Cash and savings togetherLn 1–2$24K
InvestmentsLn 11–13$796K
Other assetsLn 15$30K
Total assetsLn 16$850K
LiabilitiesLn 26$0
Net assetsLn 32$850K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$28K$24K
InvestmentsLn 11–13$667K$796K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$724K$850K
LiabilitiesLn 26$0$0
Net assetsLn 32$724K$850K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$2K$0$2K$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$7K$0$7K$0
Total functional expensesLn 25$9K$0$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Jun 23, 2023 $227$883K−$882K$0 990 PDF
FY2021Filed with the IRS Jun 28, 2022 $57K$25K$32K$882K 990 PDF
FY2020 ViewingFiled with the IRS Aug 6, 2021 $134K$9K$126K$850K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $134,458 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,751$729
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $33,831$133,729
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $39,582$134,458
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$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,125$8,580
I-18 Total expensesPrior year $11,125$8,580
I-19 Revenue less expensesPrior year $28,457$125,878
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $134,458 across 8 lines filed
VIII-1b Membership dues$729
VIII-1h Total contributions, gifts and grants$729
VIII-3 Investment incomeExcluded from tax $15,921$15,921
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $117,808$117,808
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $133,729$134,458
Part IX · Statement of functional expenses $8,580 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $0 · Management $2,000 · Fundraising $0$2,000
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $0 · Management $6,580 · Fundraising $0$6,580
IX-25 Total functional expensesPrograms $0 · Management $8,580 · Fundraising $0$8,580
Part X · Balance sheet $850,113 assets, 31 lines filed
X-1 Cash, non-interest-bearingStart of year $7,768$6,497
X-2 Savings and temporary cash investmentsStart of year $19,933$17,852
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans 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 $666,826$796,056
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $29,708$29,708
X-16 Total assetsStart of year $724,235$850,113
X-17 Accounts payable and accrued expensesStart of year $0$0
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-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart 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 $0$0
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $724,235$850,113
X-32 Total net assets or fund balancesStart of year $724,235$850,113
X-33 Total liabilities and net assetsStart of year $724,235$850,113
Part XI · Reconciliation of net assets $850,113 net assets at year end
XI-1 Total revenue$134,458
XI-2 Total expenses$8,580
XI-3 Revenue less expenses$125,878
XI-4 Net assets at start of year$724,235
XI-10 Net assets at end of year$850,113

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

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