Upper Kirby District Foundation FY2020 filing

Tax-deductible

Houston, TX501(c)(3)Since 2009Community DevelopmentEIN 80-0472449

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Benefitting, supporting and enhancing the Upper Kirby District in Houston, TX for commerce and residential life through education and community programs, public improvements, utilization of services, and beautification and environmental efforts.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
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 5
filings with a surplus
Average deficit $56K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 21.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$88K
3% of total assets
Looks good: liabilities are 3% 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
$1.3M
Spent
$1.4M
To programs
80%
Net assets
$2.6M
By yearFY2020–FY2024
Revenue
$1.3M
FY2020
Revenue by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.6M
FY2023$1.8M
FY2024$1.8M
FY2024$2.1M
Expenses
$1.4M
FY2020
Expenses by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$1.6M
FY2023$1.7M
FY2024$1.9M
FY2024$1.7M
Net assets
$2.6M
FY2020
Net assets by fiscal year
FY2020$2.6M
FY2021$3.0M
FY2022$2.8M
FY2023$2.8M
FY2024$2.9M
FY2024$3.3M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2011.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $1.1M Management & general 20% · $270K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
See Upper Kirby District Foundation 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

Improves Upper Kirby's commerce and residential life through education, community programs, and beautification.

Provided by the organization

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1 program service account for $1.1M of program spending, described in the organization's own filed words · FY2019.
01

Levy park development,operations & events

$1.1Mprogram 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 · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$25

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.2M
Gifts and grantsLn 1h$106K
Investment incomeLn 3$53
Money outPt IX
$1.4M
Ln 25
Programscol B$1.1M
Managementcol C$270K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$2.7M
LiabilitiesLn 26$88K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$106K
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$53
Gains on assetsLn 7$0
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$186K
SavingsLn 2$2.3M
Cash and savings togetherLn 1–2$2.5M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$239K
Other assetsLn 15$0
Total assetsLn 16$2.7M
LiabilitiesLn 26$88K
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderJune
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 FY20End FY20
Cash and savingsLn 1–2$2.7M$2.5M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$147K$239K
Total assetsLn 16$3.1M$2.7M
LiabilitiesLn 26$444K$88K
Net assetsLn 32$2.7M$2.6M
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 current officers, directors and key staffLn 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$40K$40K
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$26K$26K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$51K$51K
Office expensesLn 13$6K$6K
Information technologyLn 14$2K$2K
RoyaltiesLn 15$0
OccupancyLn 16$26K$26K
TravelLn 17$900$322$578
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$68K$68K
InsuranceLn 23$26K$26K
Other expenses (24a–d)Ln 24$914K$785K$129K
All other expensesLn 24e$215K$203K$12K
Total functional expensesLn 25$1.4M$1.1M$270K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.8M$1.9M−$91K$2.9M 990 PDF
FY2023 $1.8M$1.7M$4K$2.8M 990 PDF
FY2022 $1.6M$1.6M$5K$2.8M 990 PDF
FY2021 $1.3M$1.4M−$85K$3.0M 990 PDF
FY2020 Viewing $1.3M$1.4M−$110K$2.6M 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $1,267,431 across 9 lines filed
VIII-1f All other contributions, gifts and grants$105,768
VIII-1h Total contributions, gifts and grants$105,768
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,161,610$1,161,610
VIII-3 Investment incomeRelated to mission $53$53
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,161,663$1,267,431
Part IX · Statement of functional expenses $1,377,108 across 31 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 current officers, directors and key staff$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 feesManagement $40,149$40,149
IX-11c Accounting feesManagement $2,402$2,402
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $25,567$25,567
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $51,215$51,215
IX-13 Office expensesManagement $6,047$6,047
IX-14 Information technologyManagement $2,293$2,293
IX-15 Royalties$0
IX-16 OccupancyManagement $25,828$25,828
IX-17 TravelPrograms $322 · Management $578$900
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 amortizationPrograms $67,886$67,886
IX-23 InsuranceManagement $25,521$25,521
IX-24 Other expenses (24a–d)Programs $785,106 · Management $129,214$914,320
IX-24e All other expensesPrograms $202,914 · Management $12,066$214,980
IX-25 Total functional expensesPrograms $1,107,443 · Management $269,665 · Fundraising $0$1,377,108
Part X · Balance sheet $2,715,902 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $171,649$185,504
X-2 Savings and temporary cash investmentsStart of year $2,494,501$2,290,511
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $325,893$438
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $147,415$239,449
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $3,139,458$2,715,902
X-17 Accounts payable and accrued expensesStart of year $413,952$87,754
X-26 Total liabilitiesStart of year $444,122$87,754
X-27 Net assets without donor restrictionsStart of year $2,695,336$2,628,148
X-32 Total net assets or fund balancesStart of year $2,695,336$2,628,148
X-33 Total liabilities and net assetsStart of year $3,139,458$2,715,902
Part XI · Reconciliation of net assets $2,628,148 net assets at year end
XI-1 Total revenue$1,267,431
XI-2 Total expenses$1,377,108
XI-3 Revenue less expenses−$109,677
XI-4 Net assets at start of year$2,695,336
XI-5 Net unrealized gains (losses) on investments$42,489
XI-10 Net assets at end of year$2,628,148

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

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