Disciples Center INC FY2021 filing

San Angelo, TXUnknown exempt organizationEIN 75-2480790

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Provides housing to low income elderly persons under section 202 of the national housing act under agreement with the department of hud.

89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
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
2 of 4
filings with a surplus
Average surplus $419K a year · 36% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$313K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
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
$1.1M
Spent
$501K
To programs
89%
Net assets
$2.5M
By yearFY2021–FY2024
Revenue
$1.1M
FY2021
Revenue by fiscal year
FY2021$1.1M
FY2022$570K
FY2023$2.9M
FY2024$1K
Expenses
$501K
FY2021
Expenses by fiscal year
FY2021$501K
FY2022$1.1M
FY2023$776K
FY2024$530K
Net assets
$2.5M
FY2021
Net assets by fiscal year
FY2021$2.5M
FY2022$1.9M
FY2023$529K
FY2024$0

From the FY2021 Form 990 (year ending September 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $447K Management & general 11% · $55K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
See Disciples Center 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 15aNo

Programs and updates

Offers housing for low-income seniors through a federal program.

Provided by the organization

This section is blank until Disciples Center INC claims this page.

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1 program service account for $447K of program spending, described in the organization's own filed words · FY2020.
01

Provides housing to low income elderly persons under section 202 of the national housing act under agreement with the department of hud.

$447Kprogram expense

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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 · 1 grant · $524K · 2023–2023
Housing Preservation INCTN · FY2023$524,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Investment incomeLn 3$795K
Fees for servicesLn 2g$317K
Money outPt IX
$501K
Ln 25
Programscol B$447K
Managementcol C$55K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$21K
Total assetsLn 16$2.8M
LiabilitiesLn 26$313K
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$317K
Investment incomeLn 3$795K
Gains on assetsLn 7$795K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$21K
Cash and savings togetherLn 1–2$21K
Land, buildings, equipmentLn 10c$2.5M
Other assetsLn 15$158K
Total assetsLn 16$2.8M
LiabilitiesLn 26$313K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderSeptember
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 FY21End FY21
Cash and savingsLn 1–2$14K$21K
Land, buildings, equipmentLn 10c$1.7M$2.5M
Total assetsLn 16$2.0M$2.8M
LiabilitiesLn 26$75K$313K
Net assetsLn 32$1.9M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$82K$82K
Other employee benefitsLn 9$3K$3K
Payroll taxesLn 10$7K$7K
Management feesLn 11a$36K$36K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$12K$12K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$22K$22K
OccupancyLn 16$125K$125K
Conferences, conventions and meetingsLn 19$1K$1K
Depreciation, depletion and amortizationLn 22$111K$111K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$94K$94K
Total functional expensesLn 25$501K$447K$55K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1K$530K−$529K$0 990 PDF
FY2023 $2.9M$776K$2.1M$529K 990 PDF
FY2022 $570K$1.1M−$551K$1.9M 990 PDF
FY2021 Viewing $1.1M$501K$611K$2.5M 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,112,271 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $317,246$317,246
VIII-3 Investment incomeRelated to mission $148$148
VIII-7 Net gain or loss on sales of assetsRelated to mission $794,877$794,877
VIII-12 Total revenueRelated to mission $1,112,271$1,112,271
Part IX · Statement of functional expenses $501,436 across 13 lines filed
IX-7 Other salaries and wagesPrograms $81,687$81,687
IX-9 Other employee benefitsPrograms $3,497$3,497
IX-10 Payroll taxesPrograms $6,583$6,583
IX-11a Management feesManagement $35,860$35,860
IX-11b Legal feesManagement $5,103$5,103
IX-11c Accounting feesManagement $12,390$12,390
IX-12 Advertising and promotionPrograms $1,407$1,407
IX-13 Office expensesPrograms $21,644$21,644
IX-16 OccupancyPrograms $125,161$125,161
IX-19 Conferences, conventions and meetingsManagement $1,348$1,348
IX-22 Depreciation, depletion and amortizationPrograms $110,647$110,647
IX-23 InsurancePrograms $1,955$1,955
IX-24 Other expenses (24a–d)Programs $94,154$94,154
IX-25 Total functional expensesPrograms $446,735 · Management $54,701 · Fundraising $0$501,436
Part X · Balance sheet $2,810,994 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $14,364$20,760
X-4 Accounts receivableStart of year $13,092$133,786
X-9 Prepaid expenses and deferred chargesStart of year $11,727$36,343
X-10c Land, buildings and equipment, netStart of year $1,735,961$2,462,221
X-15 Other assetsStart of year $187,174$157,884
X-16 Total assetsStart of year $1,962,318$2,810,994
X-17 Accounts payable and accrued expensesStart of year $59,038$295,775
X-19 Deferred revenueStart of year $3,569$11,879
X-25 Other liabilitiesStart of year $12,564$5,358
X-26 Total liabilitiesStart of year $75,171$313,012
X-27 Net assets without donor restrictionsStart of year −$1,677,253−$1,066,418
X-28 Net assets with donor restrictionsStart of year $3,564,400$3,564,400
X-32 Total net assets or fund balancesStart of year $1,887,147$2,497,982
X-33 Total liabilities and net assetsStart of year $1,962,318$2,810,994
Part XI · Reconciliation of net assets $2,497,982 net assets at year end
XI-1 Total revenue$1,112,271
XI-2 Total expenses$501,436
XI-3 Revenue less expenses$610,835
XI-4 Net assets at start of year$1,887,147
XI-10 Net assets at end of year$2,497,982

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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