Cinco Charities Inc
- Assets
- $5.9m
- Revenue
- $398.1k
- Investments
- $0.0
- Employees
- 8
- Location
- Katy, TX
- Founding
- 02/2008
- Data as of
- 12/2020
- EIN
- 20-4709479
Organization Overview
Cinco Charities Inc, operating under the name The Ballard House, is located in Katy, TX. The organization was established in 2008. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2020, Ballard House employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ballard House is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Ballard House generated $398.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $673.2k during the year ending 12/2020. While expenses have increased by 9.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CINCO CHARITIES, INC., ALSO KNOWN AS THE BALLARD HOUSE, IS TO PROVIDE NO COST HOUSING AND COMFORTABLE ENVIROMENT FOR PATIENTS AND THEIR FAMILIES WHO HAVE TRAVELED TO THE HOUSTON AREA TO RECEIVE TREATMENT FOR A LIFE THREAT ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS THE DIRECT RESULT OF THIS ORGANIZATION'S EFFORTS, 1,900 INDIVIDUALS AND ACCOMPANYING CAREGIVER(S), WERE PROVIDED A COMFORTABLE ENVIRONMENT TO RESIDE WHILE UNDERGOING MEDICAL TREATMENTS DURING 2020 CALENDAR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Alt Executive Director | Trustee | 60 | $70,233 |
Ray Wall Treasurer | OfficerTrustee | 8 | $0 |
Denise Einkauf Secretary | OfficerTrustee | 2 | $0 |
David Brown President | OfficerTrustee | 8 | $0 |
Chris Hiller Vice Chairman, Director | OfficerTrustee | 1 | $0 |
Lou Boxleitner Chairman, Assist. Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $82,802 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $244,265 |
| Noncash contributions included in lines 1a–1f | $363 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,067 |
| Total Program Service Revenue | $0 |
| Investment income | $16,835 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $53,622 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $398,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $117,515 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,233 |
| Compensation of current officers, directors, key employees. | $21,070 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,483 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,158 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,915 |
| Fees for services: Other | $7,347 |
| Advertising and promotion | $7,308 |
| Office expenses | $6,775 |
| Information technology | $8,153 |
| Royalties | $0 |
| Occupancy | $2,383 |
| Travel | $3,450 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $478 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $229,018 |
| Insurance | $37,591 |
| All other expenses | $1,321 |
| Total functional expenses | $673,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,957 |
| Savings and temporary cash investments | $302,363 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,488,359 |
| Investments—publicly traded securities | $1,018,251 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,881,930 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $36,104 |
| Other liabilities | $4,309 |
| Total liabilities | $40,413 |
| Net assets without donor restrictions | $5,841,517 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,881,930 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Cinco Charities Inc has recieved totaling $31,291.
| Awarding Organization | Amount |
|---|---|
Halliburton Charitable Foundation Houston, TX | | $12,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,640 |
Boyd And Evelyn Mullen Charitable Foundation Pennington, NJ PURPOSE: GENERAL OPERATING | $5,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: FOR GENERAL OPERATING SUPPORT OF THE BALLARD HOUSE. | $3,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: FOR GENERAL OPERATING SUPPORT OF THE BALLARD HOUSE. | $2,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO PROVIDE ESSENTIAL ITEMS FOR FAMILIES OF PATIENTS DURING THEIR STAY AT BALLARD HOUSE. | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memorial Hermann Pharmacy Services Llc Houston, TX | $29,741,846 | $92,541,796 |
C H Wilkinson Physician Network Irving, TX | $18,493,293 | $55,946,217 |
Texas Medical Center Central Heat And Cooling Services Corp Houston, TX | $552,214,418 | $124,104,670 |
Childrens Hospital Anesthesia Corporation New Orleans, LA | $9,380,564 | $40,921,301 |
Special Health Resources For Texas Incorporated Longview, TX | $12,164,703 | $41,038,454 |
Southwest Texas Regional Advisory Council For Trauma San Antonio, TX | $14,124,309 | $34,120,331 |
Hidalgo Medical Services Lordsburg, NM | $24,918,182 | $25,217,740 |
Southeast Texas Regional Advisory Council Houston, TX | $4,089,891 | $16,447,154 |
The Preemptive Love Coalition Hewitt, TX | $18,071,135 | $12,206,645 |
Texas Health Medical Support Arlington, TX | $2,020,699 | $9,800,763 |
Parkland Center For Clinical Innovation Dallas, TX | $12,723,447 | $7,843,853 |
Community Health Connection Inc Tulsa, OK | $9,079,749 | $13,914,137 |