New Boston Community: FY2021 Nonprofit Profile & Form 990 (EIN 83-4545363)

Revenue by fiscal year
FY2020	$114K
FY2021	$180K
FY2022	$154K
FY2023	$178K
FY2024	$194K

Expenses by fiscal year
FY2020	$41K
FY2021	$9K
FY2022	$6K
FY2023	$3K
FY2024	$7K

Net assets by fiscal year
FY2020	$280K
FY2021	$450K
FY2022	$599K
FY2023	$774K
FY2024	$961K

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

67 cents of each dollar spent went to programs.

67%

33%

Program services 67% · $6K Management & general 33% · $3K

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

6 people listed on the 990.

Part VII, Section A · reportable compensation

Ronny Looney

President

$0Pt VII · Sec A

Chad Duffer

Vice-President

$0Pt VII · Sec A

Jimmy Parker

Treasurer

$0Pt VII · Sec A

Kelley Branson

Board Member

$0Pt VII · Sec A

Louis Terrell JR

Board Member

$0Pt VII · Sec A

Wilma Rose

Secretary

$0Pt VII · Sec A

See New Boston Community 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

Develops communities in and around New Boston, Texas.

Questions for New Boston Community

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Provided by the organization

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1 program · $6K · in their own filed words · FY2021

01

Collection of special sales tax which is used to entice community development in and around new boston, texas.

$6Kprogram expense

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$180K

Ln 12

Other incomeLn 4–11$179K

Investment incomeLn 3$824

Money outPt IX

$9K

Ln 25

Programscol B$6K

Managementcol C$3K

Owns and owesPt X

$450K

net assets · Ln 32

Cash and savingsLn 1–2$445K

Total assetsLn 16$450K

LiabilitiesLn 26$0

PeoplePt VI, VII

6

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$824

Other incomeLn 4–11$179K

Total revenueLn 12$180K

Assets in detailPt X, end of year

CashLn 1$445K

Cash and savings togetherLn 1–2$445K

Land, buildings, equipmentLn 10c$5K

Total assetsLn 16$450K

LiabilitiesLn 26$0

Net assetsLn 32$450K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

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

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$274K	$445K
Land, buildings, equipmentLn 10c	$5K	$5K
Total assetsLn 16	$280K	$450K
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$280K	$450K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Accounting feesLn 11c	$2K		$2K
Advertising and promotionLn 12	$389		$389
Office expensesLn 13	$218		$218
Payments to affiliatesLn 21	$6K	$6K
Depreciation, depletion and amortizationLn 22	$367		$367
Total functional expensesLn 25	$9K	$6K	$3K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$194K	$7K	$187K	$961K	990 PDF
FY2023	$178K	$3K	$175K	$774K	990 PDF
FY2022	$154K	$6K	$149K	$599K	990 PDF
FY2021 Viewing	$180K	$9K	$171K	$450K	990 PDF
FY2020	$114K	$41K	$72K	$280K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2021 990 (6 parts)

Part I · Summary $179,690 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $810$824

I-11 Other revenuePrior year $112,809$178,866

I-12 Total revenuePrior year $113,619$179,690

I-13 Grants and similar amounts paidPrior year $38,629$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 $2,499$9,181

I-18 Total expensesPrior year $41,128$9,181

I-19 Revenue less expensesPrior year $72,491$170,509

Part VI · Governance 5 of 5 board members independent, 3 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $179,690 across 3 lines filed

VIII-3 Investment incomeRelated to mission $824$824

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $178,866$178,866

VIII-12 Total revenueRelated to mission $179,690 · Unrelated business $0 · Excluded from tax $0$179,690

Part IX · Statement of functional expenses $9,181 across 5 lines filed

IX-11c Accounting feesManagement $2,063$2,063

IX-12 Advertising and promotionManagement $389$389

IX-13 Office expensesManagement $218$218

IX-21 Payments to affiliatesPrograms $6,144$6,144

IX-22 Depreciation, depletion and amortizationManagement $367$367

IX-25 Total functional expensesPrograms $6,144 · Management $3,037 · Fundraising $0$9,181

Part X · Balance sheet $450,014 assets, 6 lines filed

X-1 Cash, non-interest-bearingStart of year $274,464$445,339

X-10c Land, buildings and equipment, netStart of year $5,041$4,675

X-16 Total assetsStart of year $279,505$450,014

X-26 Total liabilitiesStart of year $0$0

X-32 Total net assets or fund balancesStart of year $279,505$450,014

X-33 Total liabilities and net assetsStart of year $279,505$450,014

Part XI · Reconciliation of net assets $450,014 net assets at year end

XI-1 Total revenue$179,690

XI-2 Total expenses$9,181

XI-3 Revenue less expenses$170,509

XI-4 Net assets at start of year$279,505

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$450,014

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

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New Boston Community FY2021 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for New Boston Community

By the numbers

Filing history

Schedules filed Part IV