Neighborhood revitalization

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

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
1 of 5
filings with a surplus
Average deficit $733K a year · 628% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$121K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$596K
×17 vs prior year
Spent
$309K
To programs
72%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$596K
FY2024▲ ×17
Tap a bar for its year
Revenue by fiscal year
FY2020$770K
FY2021−$1.1M
FY2022$254K
FY2023$36K
FY2024$596K
Expenses
$309K
FY2024▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$1.7M
FY2022$952K
FY2023$277K
FY2024$309K
Net assets
$1.2M
FY2024▼ -24%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.8M
FY2021$2.2M
FY2022$1.8M
FY2023$1.6M
FY2024$1.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1993.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $224K Management & general 28% · $86K

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

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Director/Cha
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Exec.directo
$0Pt VII · Sec A
See The Pyramid Community Development Corporation executive salaries →

On this list? Claim this org

Something off? Claim to add context

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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

The Pyramid Community Development Corporation is a community improvement nonprofit based in Houston, TX.

Questions for The Pyramid Community Development Corporation

Tap to ask. The Pyramid Community Development Corporation sees how many people are interested.

Your first name shows with your question. The Pyramid Community Development Corporation answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $224K · in their own filed words · FY2024
01

The pyramid community development corporation's (PCDC) mission is to facilitate the revitalization, conservation and redevelopment of neighborhoods throughout houston and surrounding communities.

$217Kprogram expense
02

Rental expenditures

$6Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$596K
Ln 12
Gifts and grantsLn 1h$587K
Fees for servicesLn 2g$7K
Investment incomeLn 3$3K
Money outPt IX
$309K
Ln 25
Programscol B$224K
Managementcol C$86K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$37K
Total assetsLn 16$1.3M
LiabilitiesLn 26$121K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$587K
Government grantsLn 1e$587K
Noncash giftsLn 1g$498K
Fees for servicesLn 2g$7K
Investment incomeLn 3$3K
Total revenueLn 12$596K
Assets in detailPt X, end of year
CashLn 1$36K
SavingsLn 2$1K
Cash and savings togetherLn 1–2$37K
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$5K
Total assetsLn 16$1.3M
LiabilitiesLn 26$121K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 52
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$175K$37K
Land, buildings, equipmentLn 10c$1.8M$1.3M
Total assetsLn 16$2.2M$1.3M
LiabilitiesLn 26$597K$121K
Net assetsLn 32$1.6M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$16K$16K
Pay of current officers, directors and key staffLn 5$99K$25K$74K
Other salaries and wagesLn 7$38K$35K$4K
Payroll taxesLn 10$12K$10K$1K
Accounting feesLn 11c$11K$10K$1K
Office expensesLn 13$4K$4K$159
OccupancyLn 16$51K$46K$5K
Conferences, conventions and meetingsLn 19$697$697
InterestLn 20$730$730
Depreciation, depletion and amortizationLn 22$37K$37K
Other expenses (24a–d)Ln 24$40K$39K$292
All other expensesLn 24e$197$197
Total functional expensesLn 25$309K$224K$86K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $596K$309K$287K$1.2M 990 PDF
FY2023 $36K$277K−$241K$1.6M 990 PDF
FY2022 $254K$952K−$698K$1.8M 990 PDF
FY2021 −$1.1M$1.7M−$2.8M$2.2M 990 PDF
FY2020 $770K$1.0M−$250K$3.8M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $596,414 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $25,067$587,133
I-9 Program service revenuePrior year $6,720$6,720
I-10 Investment incomePrior year $4,247$2,561
I-11 Other revenue$0
I-12 Total revenuePrior year $36,034$596,414
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $14,361$16,061
I-15 Salaries and benefitsPrior year $148,464$148,787
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $113,874$144,385
I-18 Total expensesPrior year $276,699$309,233
I-19 Revenue less expensesPrior year −$240,665$287,181
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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 $596,414 across 6 lines filed
VIII-1e Government grants$587,133
VIII-1g Noncash contributions (included above)$498,133
VIII-1h Total contributions, gifts and grants$587,133
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $6,720$6,720
VIII-3 Investment incomeRelated to mission $2,561$2,561
VIII-12 Total revenueRelated to mission $2,561 · Excluded from tax $6,720$596,414
Part IX · Statement of functional expenses $309,233 across 12 lines filed
IX-4 Benefits paid to or for membersPrograms $16,061$16,061
IX-5 Pay of current officers, directors and key staffPrograms $24,720 · Management $74,160$98,880
IX-7 Other salaries and wagesPrograms $34,560 · Management $3,840$38,400
IX-10 Payroll taxesPrograms $10,356 · Management $1,151$11,507
IX-11c Accounting feesPrograms $9,787 · Management $1,088$10,875
IX-13 Office expensesPrograms $4,241 · Management $159$4,400
IX-16 OccupancyPrograms $46,058 · Management $5,016$51,074
IX-19 Conferences, conventions and meetingsPrograms $697$697
IX-20 InterestPrograms $730$730
IX-22 Depreciation, depletion and amortizationPrograms $36,866$36,866
IX-24 Other expenses (24a–d)Programs $39,254 · Management $292$39,546
IX-24e All other expensesPrograms $197$197
IX-25 Total functional expensesPrograms $223,527 · Management $85,706 · Fundraising $0$309,233
Part X · Balance sheet $1,303,898 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $173,499$36,257
X-2 Savings and temporary cash investmentsStart of year $1,134$1,134
X-4 Accounts receivableStart of year $10,370$10,370
X-10c Land, buildings and equipment, netStart of year $1,754,075$1,250,738
X-15 Other assetsStart of year $203,891$5,399
X-16 Total assetsStart of year $2,158,909$1,303,898
X-17 Accounts payable and accrued expensesStart of year $36,778$59,184
X-26 Total liabilitiesStart of year $596,911$121,184
X-27 Net assets without donor restrictionsStart of year $1,561,998$1,182,714
X-32 Total net assets or fund balancesStart of year $1,561,998$1,182,714
X-33 Total liabilities and net assetsStart of year $2,158,909$1,303,898
Part XI · Reconciliation of net assets $1,182,714 net assets at year end
XI-1 Total revenue$596,414
XI-2 Total expenses$309,233
XI-3 Revenue less expenses$287,181
XI-4 Net assets at start of year$1,561,998
XI-9 Other changes in net assets−$666,465
XI-10 Net assets at end of year$1,182,714

Form 990 e-file (XML) FY2024 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.

Your org? Add context

Made it to the end? Claim this org

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.