The information for Gulf Coast Humane Society Endowment Trust is as of the organization's most recent filing in December '19. This organization is located in Corpus Christi, TX. It has been in existence for 10 years, following its founding in 2009.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Gulf Coast Humane Society Endowment Trust's NTEE code is D11. The "D" tells us that the organization is classified along with Animal-Related organizations. The "11" tells us that the organization is a Single Organization Support. The NTEE describes Single Organization Support as organizations existing as a support and fund-raising entity for a single institution within the Animal-Related major group area.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Gulf Coast Humane Society Endowment Trust is to provide financial support for the Gulf Coast Humane Society.
The endowment provides financial support for the Gulf Coast Humane Society, which serves the Coastal Bend area of Texas by providing care and shelter to abandoned and homeless animals.
The Gulf Coast Humane Society Endowment Trust is an organization that is well-governed. With three voting members and three independent members, the board is able to make decisions that are in the best interest of the organization. Potential conflicts of interest are not present, and the organization has not delegated management to an outside firm. Board meetings and committee meetings are well-documented, and the organization has a conflict of interest policy. Additionally, the organization has a document retention policy and provides copies of the 990 to the board prior to filing. While the organization does not require disclosure of conflicts or have a written whistleblower policy, it does not substantiate or review leadership or officer salaries. Overall, the Gulf Coast Humane Society Endowment Trust is well-governed and able to make decisions in the best interest of the organization.
Our dataset has five years of grant history for the Gulf Coast Humane Society Endowment Trust. In that time, they have awarded ten grants, with an average check size of $19,462. Five of the grants were awarded in the Animal-Related sector. Additionally, the organization most frequently awards grants in the state of Texas (5).
The Gulf Coast Humane Society Endowment Trust has grown over the past four years. Contributions and grants received, investment income, and total revenue have all increased, demonstrating a positive trend in the nonprofit's growth. Furthermore, grants paid and total expenses have also increased, indicating that the organization is investing more into its operations and mission.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Hennis Trustee | Trustee | 4 | $0 |
Henry Blackmon Trustee | Trustee | 4 | $0 |
James Thaxton Trustee | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $690,765 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $162,953 |
Total Revenue from Contributions, Gifts, Grants & Similar | $690,765 |
Total Program Service Revenue | $0 |
Investment income | $611,817 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $12,018 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,314,600 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $53,580 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,183 |
All other expenses | $1,749 |
Total functional expenses | $65,862 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $135 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $8,284,673 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,284,808 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $8,284,808 |
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 | $8,284,808 |
Over the last fiscal year, Gulf Coast Humane Society Endowment Trust has awarded $66,718 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Corpus Christi, TX PURPOSE: TO SUPPORT AND ENHANCE THE OPERATIONS OF THE GULF COAST HUMANE SOCIETY PROVIDING ONGOING | $66,718 |
Beg. Balance | $5,605,243 |
Earnings | $624,147 |
Admin Expense | $12,282 |
Net Contributions | $690,453 |
Grants | $53,580 |
Ending Balance | $6,853,981 |
Organization Name | Assets | Revenue |
---|---|---|
Oklahoma Zoological Society Inc Oklahoma City, OK | $6,127,662 | $3,513,390 |
New Mexico Biopark Society Inc Albuquerque, NM | $18,945,491 | $6,032,184 |
Arkansas Game & Fish Foundation Little Rock, AR | $5,333,651 | $2,036,180 |
Trust U/Will Lizzie Mcclure Bird Dallas, TX | $4,877,616 | $1,229,166 |
Animal Defense League Foundation San Antonio, TX | $26,184,173 | $4,363,308 |
Rob & Bessie Welder Wildlife Foundation Sinton, TX | $25,359,014 | $1,816,939 |
Friends Of The Alexandria Zoo Alexandria, LA | $2,026,987 | $1,084,229 |
Cameron Park Zoological & Botanical Society Waco, TX | $2,941,333 | $1,435,508 |
Valley Zoological Endowment Brownsville, TX | $16,926,525 | $561,319 |
Grover Nelson Park Zoological Foundation Tuscola, TX | $2,258,006 | $754,294 |
Louisiana Spca Foundation New Orleans, LA | $13,730,819 | $1,761,357 |
Arkansas Zoological Foundation Inc Little Rock, AR | $1,554,040 | $734,450 |