Education And Charities Foundation Of Houston
- Assets
- $156.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/1993
- Data as of
- 12/2021
- EIN
- 76-0389471
Organization Overview
Education And Charities Foundation Of Houston is located in Houston, TX. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education And Charities Foundation Of Houston 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, Education And Charities Foundation Of Houston generated $59.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $35.3k during the year ending 12/2021. While expenses have increased by 8.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE OF THE FOUNDATION IS TO ENGAGE IN EDUCATIONAL AND CHARITABLE ACTIVITIES THAT DIRECTLY BENEFIT THE CITY, THROUGH SERVICES AND PROGRAMS WHICH SUPPORT THE ATTAINMENT OF HIGHER EDUCATION, ACCELERATE PERSONAL DEVELOPMENT AND INSPIRE ACHIEVEMENT FOR YOUTH OF OUR AFRICAN AMERICAN AND UNDERSERVED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Brown 2nd Vice Pre | 3 | $0 | |
Lowell Wright Treasurer | 4 | $0 | |
Leanard J Coleman Board Member | 2 | $0 | |
Anthony C Deblanc Board Member | 2 | $0 | |
Ray Haze Board Member | 2 | $0 | |
Ronald J Lockett II Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,052 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,052 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,653 |
| Total expenses | $35,303 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,494 |
| Other assets | $0 |
| Total assets | $156,625 |
| Total liabilities | $28,850 |
| Net assets or fund balances | $127,775 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Education And Charities Foundation Of Houston has recieved totaling $96.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $96 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |