Noras Gift Foundation Inc
- Assets
- $11.0m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Houston, TX
- Founding
- 11/1999
- Data as of
- 12/2021
- EIN
- 62-1763895
Organization Overview
Noras Gift Foundation Inc, operating under the name Nora's Home, is located in Houston, TX. The organization was established in 1999. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, under the broad grouping of Health Care and related organizations. As of 12/2021, Nora's Home employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nora's Home 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 12/2021, Nora's Home generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER AFFORDABLE LODGING FOR PRE & POST-TRANSPLANT PATIENTS AND THEIR FAMILIES WHO TRAVEL FOR TREATMENT AT ANY OF THE SOLID ORGAN TRANSPLANT CENTERS IN THE TMC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORA'S HOME WELCOMES PATIENTS AND THEIR FAMILIES AT ANY STAGE OF THE ORGAN TRANSPLANT JOURNEY. THE HOSPITALITY HOME AIMS TO EASE THE BURDENS MANY PATIENTS FACE BY HELPING REDUCE THE IMMENSE EXPENSE AND STRESS INCURRED WHILE UNDERGOING TRANSPLANT CARE BY PROVIDING AFFORDABLE LODGING IN A LOVING, HOME-LIKE ENVIRONMENT. THE SELF-SUPPORTING FACILITY INCLUDES 32 GUEST SUITES WITH PRIVATE BEDROOMS AND BATHS, A FULLY-EQUIPPED KITCHEN, A GREAT ROOM, A SUN ROOM, A MEDITATION ROOM, OUTDOOR HEALING GARDEN, AND PROVIDES FREE SHUTTLE SERVICES TO AND FROM THE TEXAS MEDICAL CENTER. OPERATIONS DURING THE COVID-19 PANDEMIC: LIMITED CAPACITY; MANDATED MASK POLICY AND VACCINATION POLICY. REMAINED INFECTION-FREE. SERVED 114 GUESTS DURING 2021 REPRESENTING MORE THAN 6,558 NIGHT STAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Lencioni Executive Director | Officer | 40 | $80,706 |
A Osama Gaber MD Chairman / Founding Director | OfficerTrustee | 2 | $0 |
Ellis Tudzin First Vice-Chair | OfficerTrustee | 2 | $0 |
J Michael Rose Secretary | OfficerTrustee | 1 | $0 |
John Zerr Treasurer | OfficerTrustee | 1 | $0 |
Lillian Gaber MD Founding Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $497,215 |
| Related organizations | $0 |
| Government grants | $189,624 |
| All other contributions, gifts, grants, and similar amounts not included above | $722,918 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,409,757 |
| Total Program Service Revenue | $184,857 |
| Investment income | $106,269 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$33,612 |
| Net Income from Fundraising Events | -$56,993 |
| Net Income from Gaming Activities | $5,409 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,615,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $87,069 |
| Compensation of current officers, directors, key employees. | $87,069 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $452,328 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,809 |
| Payroll taxes | $47,016 |
| Fees for services: Management | $164 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,432 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,591 |
| Advertising and promotion | $22,800 |
| Office expenses | $20,928 |
| Information technology | $16,205 |
| Royalties | $0 |
| Occupancy | $275,094 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,437 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $229,628 |
| Insurance | $13,522 |
| All other expenses | $0 |
| Total functional expenses | $1,346,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,743,863 |
| Savings and temporary cash investments | $50,100 |
| Pledges and grants receivable | $744,770 |
| 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 | $73,150 |
| Net Land, buildings, and equipment | $6,312,619 |
| Investments—publicly traded securities | $2,030,037 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,954,539 |
| Accounts payable and accrued expenses | $38,549 |
| Grants payable | $0 |
| Deferred revenue | $240 |
| 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 | $7,760 |
| Total liabilities | $46,549 |
| Net assets without donor restrictions | $10,163,220 |
| Net assets with donor restrictions | $744,770 |
| 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 | $10,954,539 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Noras Gift Foundation Inc has recieved totaling $314,088.
| Awarding Organization | Amount |
|---|---|
Jlh Foundation Katy, TX PURPOSE: CHARITABLE | $100,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: HEALTH | $79,100 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $37,250 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $20,275 |
The Methodist Hospital Houston, TX PURPOSE: HOUSING SERVICES | $20,000 |
Asian American Hotel Owners Association Atlanta, GA PURPOSE: SPONSORSHIP | $11,040 |
Endowment Analysis
| Beg. Balance | $698,821 |
| Net Contributions | $257,965 |
| Other Expense | $212,016 |
| Ending Balance | $744,770 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas Regional Organ Recovery Agency Inc Little Rock, AR | $22,160,578 | $19,295,417 |
Austin Recovery Inc Austin, TX | $4,912,990 | $3,443,337 |
San Antonio Eye Bank San Antonio, TX | $8,262,108 | $4,783,996 |
Noras Gift Foundation Inc Houston, TX | $10,954,539 | $1,615,687 |
Baton Rouge Regional Eye Bank Inc Baton Rouge La, LA | $1,835,810 | $1,097,746 |
New Mexico Lions Sight Conservation Foundation Inc Belen, NM | $2,226,671 | $456,599 |
The Living Bank International Houston, TX | $3,270,469 | $2,881,584 |
Lone Star Lions Eye Bank Inc Manor, TX | $0 | $105,999 |
The Transplant Association Of Texas San Antonio, TX | $299,377 | $288,324 |
Lions Eye Bank Foundation Houston, TX | $3,741,582 | $217,643 |
Arkansas Lions Eye Bank And Laboratory Little Rock, AR | $501,701 | $28,307 |