W Oscar Neuhaus Memorial Foundation
- Assets
- $15.6m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 84
- Location
- Bellaire, TX
- Founding
- 11/1980
- Data as of
- 12/2021
- EIN
- 74-2128239
Organization Overview
W Oscar Neuhaus Memorial Foundation is located in Bellaire, TX. The organization was established in 1980. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2021, W Oscar Neuhaus Memorial Foundation employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. W Oscar Neuhaus Memorial Foundation 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, W Oscar Neuhaus Memorial Foundation generated $9.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $6.9m during the year ending 12/2021. While expenses have increased by 6.4% 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 PROMOTE READING SUCCESS BY PROVIDING EVIDENCE-BASED SERVICES TO EDUCATORS & SCHOOL DISTRICTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE ONEUHAUS EDUCATION CENTER HAS BEEN A TRAILBLAZER IN SOLUTIONS FOR OVERCOMING OBSTACLES TO LITERACY, INCLUDING DYSLEXIA, AND TODAY IT IS A NATIONALLY RECOGNIZED LEADER IN THE IMPLEMENTATION OF THE SCIENCE OF READING, APPLYING RESEARCH-BASED METHODS THAT HELP ALL STUDENTS ACHIEVE SKILLED READING AND LITERACY GOALS. THIS COMMITMENT TO PROVIDING THE MOST UP-TO-DATE, SCIENTIFICALLY RESEARCHED METHODS IS WHAT MAKES NEUHAUS UNIQUE IN ITS FIELD AND ENSURES THAT TEACHERS AND STUDENTS ARE OFFERED THE MOST EFFECTIVE PROGRAMS AVAILABLE.THE TEACHER PROFESSIONAL DEVELOPMENT PROGRAM CONSISTS OF APPROXIMATELY 30 CLASSES TO ADDRESS A VARIETY OF LEARNERS. DURING 2021 AND 2020, RESPECTIVELY, 3,957 AND 3,327 TEACHERS WERE TRAINED BY NEUHAUS INSTRUCTIONS, REPRESENTING 6,157 AND 4,982 CLASS ENROLLMENTS DURING 2021 AND 2020, RESPECTIVELY. NEUHAUS' FAMILY SUPPORT OFFICE RECEIVES CONTACTS FROM PARENTS AND FAMILY MEMBERS CONCERNED ABOUT DYSLEXIA AND READING DIFFICULTIES IN THEIR CHILDREN. WE AT NEUHAUS KNOW THAT HOME IS WHERE LITERACY TAKES ROOT, AND WE PROVIDE FAMILIES WITH RESOURCES AND REFERRAL SERVICES. THE FAMILY SUPPORT PROGRAM HAS HELPED MORE THAN 3,000 FAMILIES, EARNING THEIR TRUST BY LISTENING INTENTLY TO THEIR CONCERNS. NEUHAUS HOSTS MONTHLY INFORMATION SESSIONS ON READING DIFFICULTIES (ESPECIALLY DYSLEXIA), TEXAS DYSLEXIA LEGISLATION, FORUMS FOR COLLEGE-BOUND STUDENTS, AS WELL AS LIBRARY RESOURCES AT NO COST TO FAMILIES.IN 2021, 60 ADULT LEARNERS RECEIVED CRITICAL LITERACY INSTRUCTION TO HELP ACHIEVE THEIR PERSONAL LITERACY GOALS. NEUHAUS EDUCATION CENTER IS THE ONLY ADULT LITERACY PROGRAM IN HOUSTON WHERE CLASSES ARE TAUGHT BY CERTIFIED ACADEMIC LANGUAGE THERAPISTS, EQUIVALENT TO A DYSLEXIA THERAPIST, TO HELP STUDENTS REACH THEIR SKILLED READING GOALS. NEUHAUS INCORPORATES AGE-APPROPRIATE MATERIALS AND REAL-WORLD SOURCES, SUCH AS NEWSPAPERS AND MAGAZINES, FOR A PRACTICAL LEARNING EXPERIENCE, AND GROUPS PARTICIPANTS BY READING LEVEL WHICH ALSO PROMOTES COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Weeden President & CEO | Officer | 40 | $310,200 |
Rayanne Darensbourg Chief Operating Officer | Officer | 40 | $147,654 |
Lise Shepherd Chief Finance Officer | Officer | 40 | $146,039 |
Bronwyn Beauchamp Chief Strategy Officer | Officer | 40 | $117,733 |
Samuel Mccollum Assoc. Vp-Strategic Partnerships | 40 | $111,607 | |
Rebecca Tolson VP - Literary Initiatives | 40 | $104,036 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Burnett Specialists Staffing | 12/30/18 | $436,913 |
Copydr Printing Services | 12/30/18 | $277,436 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $319,360 |
| Related organizations | $0 |
| Government grants | $700,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,041,329 |
| Noncash contributions included in lines 1a–1f | $83,207 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,061,389 |
| Total Program Service Revenue | $5,637,536 |
| Investment income | $205,904 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $185,824 |
| Net Income from Fundraising Events | -$38,156 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,052,497 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $30,380 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $786,856 |
| Compensation of current officers, directors, key employees. | $141,205 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,929,370 |
| Pension plan accruals and contributions | $54,674 |
| Other employee benefits | $490,512 |
| Payroll taxes | $319,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,757 |
| Fees for services: Other | $520,616 |
| Advertising and promotion | $0 |
| Office expenses | $129,663 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $156,451 |
| Travel | $9,781 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,778 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,785 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,877,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $502,621 |
| Savings and temporary cash investments | $48 |
| Pledges and grants receivable | $243,979 |
| Accounts receivable, net | $834,446 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $115,531 |
| Prepaid expenses and deferred charges | $127,720 |
| Net Land, buildings, and equipment | $1,287,511 |
| Investments—publicly traded securities | $12,494,796 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,606,652 |
| Accounts payable and accrued expenses | $452,375 |
| Grants payable | $0 |
| Deferred revenue | $312,129 |
| 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 | $764,504 |
| Net assets without donor restrictions | $5,339,532 |
| Net assets with donor restrictions | $9,502,616 |
| 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 | $15,606,652 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that W Oscar Neuhaus Memorial Foundation has recieved totaling $372,471.
| Awarding Organization | Amount |
|---|---|
Brown Foundation Inc Houston, TX PURPOSE: HISD STRUCTURED LITERACY INSTRUCTION PROJECT | $100,000 |
The Cullen Foundation Houston, TX PURPOSE: ANNUAL GIVING GRANT | $60,000 |
Centerpoint Energy Foundation Inc Houston, TX PURPOSE: LEVERAGING TECHNOLOGY FOR GROWTH | $32,000 |
Barbara Bush Houston Literacy Foundation Houston, TX PURPOSE: GRANT TO SUPPORT PROGRAM INSTRUCTORS AND DYSLEXIA THERAPISTS/CERTIFIED ACADEMIC LANGUAGE THERAPISTS AND 2021 MARATHON OIL COMPUTER GRANT FOR ADULT LITERACY | $27,000 |
John P Mcgovern Foundation Houston, TX PURPOSE: TEACHER PROFESSIONAL DEVELOPMENT PROGRAM | $25,000 |
Greater Houston Community Foundation Houston, TX PURPOSE: EDUCATIONAL | $23,750 |
Endowment Analysis
| Beg. Balance | $7,788,124 |
| Earnings | $660,203 |
| Other Expense | $333,730 |
| Ending Balance | $8,114,597 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Community Services Inc Jefferson, LA | $29,222,261 | $19,467,265 |
Moody Endowment Galveston, TX | $686,505,507 | $152,947,665 |
Brighton Center San Antonio, TX | $13,972,344 | $15,692,851 |
The Brookwood Community Inc Brookshire, TX | $8,710,239 | $19,329,578 |
Sunshine Cottage School For Deaf Children San Antonio, TX | $24,153,447 | $11,863,105 |
Burleson St Joseph Health Center Of Caldwell Texas Bryan, TX | $18,400,650 | $13,899,654 |
The Elizabeth Richardson Center Inc Fayetteville, AR | $5,939,188 | $10,158,731 |
Draw Academy Incorporated Houston, TX | $4,055,605 | $10,027,350 |
Child Study Center Fort Worth, TX | $14,339,570 | $9,360,325 |
Briarwood School Houston, TX | $7,638,237 | $8,954,444 |
Civitan Center Benton, AR | $7,426,072 | $8,172,929 |
Democracy Prep Louisiana Charter School Baton Rouge, LA | $3,691,538 | $8,557,999 |