Good Reason Houston Inc
- Assets
- $19.5m
- Revenue
- $14.9m
- Investments
- $0.0
- Employees
- 33
- Location
- Houston, TX
- Founding
- 09/2017
- Data as of
- 06/2023
- EIN
- 82-0946654
Organization Overview
Good Reason Houston Inc is located in Houston, TX. The organization was established in 2017. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2023, Good Reason Houston Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Reason Houston 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 06/2023, Good Reason Houston Inc generated $14.9m in total revenue. All expenses for the organization totaled $11.8m during the year ending 06/2023. While expenses have increased by 88.0% per year over the past 6 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.
Since 2020, Good Reason Houston Inc has awarded 53 individual grants totaling $6,969,770. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE THE NUMBER OF HOUSTON STUDENTS LEARNING IN GREAT SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROWING AND SUSTAINING GREAT SCHOOLS PARTNERS WITH INDEPENDENT SCHOOL DISTRICTS AND PUBLIC CHARTER SCHOOL DISTRICTS AND SCHOOLS TO IMPROVE EXISTING SCHOOLS, SUPPORT THE INTRODUCTION OF NEW SCHOOL MODELS, AND PROVIDE STRATEGIC CONSULTING TO DISTRICT LEADERSHIP TEAMS WITH THE AIM OF INCREASING THE NUMBER OF A&B SCHOOLS IN THEIR DISTRICTS. THIS INCLUDES TRANSFORMING THE QUALITY OF LOW-PERFORMING CAMPUSES THROUGH SCHOOL IMPROVEMENT INITIATIVES THAT SUPPORT HIGH-QUALITY CURRICULUM AND INSTRUCTION. FINALLY, GOOD REASON HOUSTON ALSO WORKS TO ENSURE THAT THERE ARE ENOUGH DIVERSE, SKILLED TEACHERS AND PRINCIPALS POSITIONED TO TRANSFORM THE LOWER PERFORMING CAMPUSES IN THE HOUSTON AREA.
RALLYING HOUSTONIANS FOR CHANGE ADVOCATES FOR FAMILIES, COMMUNITY LEADERS AND BUSINESS LEADERS SEEKING TO ENSURE FAMILY AND COMMUNITY VOICES AND NEEDS ARE THE CENTER OF ALL DISTRICT AND SCHOOL IMPROVEMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Mcclelland Chair | OfficerTrustee | 5 | $0 |
Peter Rodriguez Secretary | OfficerTrustee | 1 | $0 |
Robert Harvey Treasurer | OfficerTrustee | 1 | $0 |
Ann Barnes Director | Trustee | 1 | $0 |
Adeeb Barqawi Director | Trustee | 1 | $0 |
Doug Foshee Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Academy For Urban School Leadership District Services | 6/29/23 | $395,000 |
Strike Marketing Marketing | 6/29/23 | $339,750 |
Kitamba Inc School Performance Study | 6/29/23 | $264,000 |
Instruction Partners District Services | 6/29/23 | $258,904 |
Ampersand Education Llc Consulting | 6/29/23 | $251,832 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $182,576 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,861,166 |
| Noncash contributions included in lines 1a–1f | $594 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,043,742 |
| Total Program Service Revenue | $565,631 |
| Investment income | $401,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,317 |
| Net Income from Fundraising Events | -$138,293 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,870,865 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $999,943 |
| 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. | $997,255 |
| Compensation of current officers, directors, key employees. | $278,732 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,508,617 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $315,392 |
| Payroll taxes | $264,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $56,545 |
| Fees for services: Accounting | $40,867 |
| Fees for services: Lobbying | $31,500 |
| Fees for services: Fundraising | $42,036 |
| Fees for services: Investment Management | $4,615 |
| Fees for services: Other | $1,040,346 |
| Advertising and promotion | $379,880 |
| Office expenses | $74,468 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $226,624 |
| Travel | $75,548 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $208,275 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $120,520 |
| Insurance | $4,511 |
| All other expenses | $0 |
| Total functional expenses | $11,829,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $890,699 |
| Savings and temporary cash investments | $9,159,326 |
| Pledges and grants receivable | $3,029,602 |
| Accounts receivable, net | $170,976 |
| 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 | $159,136 |
| Net Land, buildings, and equipment | $401,736 |
| Investments—publicly traded securities | $5,094,568 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $640,815 |
| Total assets | $19,546,858 |
| Accounts payable and accrued expenses | $657,151 |
| Grants payable | $415,000 |
| 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 | $843,873 |
| Total liabilities | $1,916,024 |
| Net assets without donor restrictions | $13,431,267 |
| Net assets with donor restrictions | $4,199,567 |
| 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 | $19,546,858 |
Grants Awarded
Over the last fiscal year, Good Reason Houston Inc has awarded $1,055,363 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ALDINE ISD PURPOSE: Grow & Sustain Schools | $125,000 |
AMIGOS POR VIDA PURPOSE: Grow & Sustain Schools | $131,250 |
ATTACK POVERTY PURPOSE: Grow & Sustain Schools | $15,000 |
DALLAS FOUNDATION PURPOSE: Rally Houstonians For Change | $15,000 |
DALLAS FOUNDATION PURPOSE: Grow & Sustain Schools | $30,000 |
DISCOVERING U PURPOSE: Grow & Sustain Schools | $20,000 |