Portfolio Resident Services Inc

Organization Overview

Portfolio Resident Services Inc is located in Houston, TX. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portfolio Resident Services Inc 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 12/2022, Portfolio Resident Services Inc generated $7.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $7.7m during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROGRAMS DESIGNED TO RAISE THEIR CULTURAL AND FAMILY STANDARDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL, NUTRITIONAL AND RECREATION SERVICES


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Board, Officers & Key Employees

Name (title)Compensation
Gloria Sanderson
Presdient
$0
Dean O'kelley
V. Pres.
$0
Stacey Jackson
Board Member
$0
Russ Michaels
Sec/treasurer
$0
Marie Compton
Board Member
$0
Casey Carson
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$212,191
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$212,191
Total Program Service Revenue$6,739,642
Investment income $13,012
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,964,845

Grants Awarded

Over the last fiscal year, Portfolio Resident Services Inc has awarded $11,671 in support to 2 organizations.

Grant RecipientAmount

SAM HOUSTON STATE UNIVERSITY

PURPOSE: PAYMENTS MADE TO UNIVERSITY USED TO AWARD SCHOLARSHIPS TO STUDENTS

$5,019

TEXAS A&M UNIVERSITY-COMMERCE

PURPOSE: PAYMENTS MADE TO UNIVERSITY USED TO AWARD SCHOLARSHIPS TO STUDENTS

$6,652
View Grant Profile

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