Cuero Community Foundation EIN 81-0791445 Form 990 (PDF) Claim this org

Cuero Community Foundation FY2023 filing

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Builds and oversees permanent funds supporting local charitable and educational efforts. For fiscal year 2023 it reported $256K in revenue, $197K in expenses, and $3.1M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Cuero, TX
Website
www.cuerocommunityfoundation.com
Filings
5 on file (2020–2023)
Revenue
$256KFY2023
Expenses
$197K
Net assets
$3.1M
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-0791445 Public foundation / grantmaker Cuero, TX
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Builds and oversees permanent funds supporting local charitable and educational efforts.
Leadership
William a Blackwell · President
Money in and out
$256K revenue, $197K expenses
Bottom line
100% program efficiency
Grants paid & assets · FY2023
Total revenue
$256K
Pt VIII · Ln 12
Total expenses
$197K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $59K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
188.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$256K
FY2023▲ +113%
Expenses
$197K
FY2023▼ -9%
Total assets
$3.1M
FY2023▲ +15%
Total liabilities
$0
FY2023
Total revenue
$256K
Pt VIII · Ln 12
Total expenses
$197K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$59K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCuero Community Foundation
EINHdr · item D81-0791445
Principal addressHdr · item CCuero, TX
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFFeb 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Cuero Community Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $197K of program spending, described in the organization's own filed words · FY2023.
01

Providing support for the purpose of charitable, scientific, literacy, or educational endeavors in the cuero community and the surrounding areas.

$197Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$148K · 58%
Investment income$108K · 42%
Contributions & grants58%$148K
Investment income42%$108K
Total revenueLn 12$256K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$197K
Total functional expensesLn 25$197K

Balance Sheet

Part X · end of year
CashLn 1$98K
Total assetsLn 16$3.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$3.1M
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.1M · Operating expenses/yr $197K
188.4 months
Where the money goes
Program services
Program services $197K · Total expenses $197K
100%
Management & General
Management & general $0 · Total expenses $197K
0%
Fundraising
Fundraising $0 · Total expenses $197K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $777K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $148K · Total revenue $256K
58%
Government reliance
Government grants — · Total revenue $256K
Earned-income share
Program service revenue $0 · Total revenue $256K
0%
Investment reliance
Investment income $108K · Total revenue $256K
+42%
Program self-sufficiency
Program service revenue $0 · Total expenses $197K
0%
Growth & trend
Revenue growth (YoY)
This year $256K · Prior year $120K
+113%
Net-asset trend (YoY)
End of year $3.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $256K · Expenses $197K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $3.1M · Total assets $3.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.1M
97%
People & payroll
Highest Reported Total Compensation
Individual William a Blackwell · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $197K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $197K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 113%
Investment management fee ratio 0.4%
Accounting fee ratio 0.9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$10K
Grants paid · 38 grants · $748K · 2020–2024
Direct ReliefCA · FY2024$25,000
Cuero Livestock Show INCTX · FY2024$22,900
First Baptist Church of CueroFY2024$22,500
First Baptist Church of CueroFY2023$16,000
Direct ReliefCA · FY2023$13,000
First Presbyterian ChurchFY2023$9,000
See all 38 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.4M revenue · ⤓ 990 PDF
FY2023$256K revenue · viewing · ⤓ 990 PDF
FY2022$120K revenue · ⤓ 990 PDF
FY2021$2.0M revenue · ⤓ 990 PDF
FY2020$172K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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