Tex Everson Humanitarian Endowment FY2020 filing

EIN 95-4172868 Public charity (501(c)(3)) La Verne, CA
Is this your organization?
Claim it free, then get the verified mark.
Claim
Revenue & expenses by yearFY2020–FY2024
Revenue
$10K
FY2020
Expenses
$16K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Funds charitable projects of the Rotary Club of Covina-Sunrise. For fiscal year 2020 it reported $10K in revenue, $16K in expenses, and $512K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
La Verne, CA
Filings
5 on file (2020–2020)
Revenue
$10KFY2020
Expenses
$16K
Net assets
$512K
People
11
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Provided by the organization

This section is blank until Tex Everson Humanitarian Endowment claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Funds charitable projects of the Rotary Club of Covina-Sunrise.
Leadership
Robert Avila · Director
Money in and out
$10K revenue, $16K expenses
Bottom line
88% program efficiency

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Spent on programs?

good 88% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

<$100K

Details →

Not in filings yet: foundation funders

Where the money goes · FY2020
Total revenue
$10K
Pt VIII · Ln 12
Total expenses
$16K
Pt IX · Ln 25
Net assets
$512K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
377.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-56%
revenue over expenses, this year

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Tex Everson Humanitarian Endowment →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$512K
FY2020
Total liabilities
$0
FY2020
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$512K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CTex Everson Humanitarian Endowment
EINHdr · item D95-4172868
Principal addressHdr · item CLa Verne, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Tex Everson Humanitarian Endowment executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $14K of program spending, described in the organization's own filed words · FY2020.
01

Provide financial support for charitable projects of the rotary club of covina-sunrise.

$14Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Investment income$9K · 90%
Contributions & grants$1K · 10%
Investment income90%$9K
Contributions & grants10%$1K
Total revenueLn 12$10K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$14K
Management & general12%$2K
Total functional expensesLn 25$16K

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$512K
Total liabilitiesLn 26$0
Total net assetsLn 32$512K
Months of cash on handcomputed38.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $512K · Operating expenses/yr $16K
377.3 months
Where the money goes
Program services
Program services $14K · Total expenses $16K
88%
Management & General
Management & general $2K · Total expenses $16K
12%
Fundraising
Fundraising $0 · Total expenses $16K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $1K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $10K
10%
Government reliance
Government grants — · Total revenue $10K
—
Earned-income share
Program service revenue $0 · Total revenue $10K
0%
Investment reliance
Investment income $9K · Total revenue $10K
+90%
Program self-sufficiency
Program service revenue $0 · Total expenses $16K
0%
Growth & trend
Revenue growth (YoY)
This year $10K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $512K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $10K · Expenses $16K
-56%
Liabilities-to-Assets
Total liabilities — · Total assets $512K
—
Net-asset ratio
Net assets $512K · Total assets $512K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $459K · Total assets (Pt X, ln 16) $512K
90%
People & payroll
Highest Reported Total Compensation
Individual Robert Avila · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $16K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $16K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 12%——
Fundraising cost ratio 0%——
Investment management fee ratio 0.3%——
Accounting fee ratio 14%——

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 · this organization's grantmaking
Grants paid · 5 grants · $22K · 2020–2024

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$58K revenue · ⤓ 990 PDF
FY2023$17K revenue · ⤓ 990 PDF
FY2022$23K revenue · ⤓ 990 PDF
FY2021$39K revenue · ⤓ 990 PDF
FY2020$10K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 peer-cohort and compensation comparisons above.