Houston Freedmens Town Conservancy Inc
- Assets
- $344.8k
- Revenue
- $313.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Houston, TX
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-2421452
Organization Overview
Houston Freedmens Town Conservancy Inc is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Houston Freedmens Town Conservancy Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Freedmens Town Conservancy 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 12/2021, Houston Freedmens Town Conservancy Inc generated $313.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 48.7% each year . All expenses for the organization totaled $246.6k during the year ending 12/2021. 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 PROTECT AND PRESERVE THE HISTORY OF FREEDMANS TOWN FOR THE BENEFIT OF FUTURE GENERATIONS. SUPPORT COMMUNITY ENGAGEMENT, RE-EDUCATION, AND HERITAGE TOURISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCALED ORGANIZATIONS GENERAL OPERATIONS AND COMMUNITY PROJECTS, WHICH ALLOWED FOR THE COMPLETION OF SEVERAL COMMUNITY-FACING PROJECTS INCLUDING BUT NOT LIMITED TO:DEVELOPMENT OF SUMMER PROGRAMMING, PROVIDING COMPUTER ACCESS, WI-FI, AND S.T.E.A.M.TRAINING TO CHILDREN IN THE NEIGHBORHOOD, THE PURCHASING OF VIDEO AND AUDIO EQUIPMENT TO AREACHURCHES,EXHIBITIONS PROGRAMMING, SUPPORTING LOCAL COMMUNITY EVENTS, SUPPORTING LOCAL AFFORDABLE HOUSING EFFORTS THROUGH PROVIDING MENTORSHIP AND GUIDANCE ON A MAJOR REHABILITATION PROJECT IN THE NEIGHBORHOOD.
ONGOING DEVELOPMENT AND SUPPORT OF THE ORGANIZATIONS CAPITAL PROJECT (1609 SAULNIER ST.), WHICH SEEKS TO PURCHASE, REHABILITATE, AND CONVERT A HISTORIC HOUSING STRUCTURE IN FREEDMENS TOWN TO PERMANENT AFFORDABLE HOUSING. 1609 SAULNIER IS LISTED IN THE INVENTORY OF THE UNITED STATES DEPARTMENT OF INTERIOR - NATIONAL PARK SERVICE, NATIONAL REGISTER OF HISTORIC PLACES IN THE FREEDMENS TOWN HISTORIC DISTRICT.
NATL HISTORIC PRESERVATION, $140K -- INCREASED PROGRAMMATIC OFFERINGS SUCH AS NEIGHBORHOOD TOURS, PARTICIPATORY ART, COMMUNITY EVENTS, ETC. INCREASED CAPACITY TO WORK WITH PARTNER ORGANIZATIONS IN AND AROUND THE NEIGHBORHOOD AND FIND SYNERGIES AND PROJECTS TO COLLABORATE ON THAT SUPPORT RESIDENTS OF FREEDMENS TOWN, THROUGH THE ADDITION OF SUPPORT STAFF, NAMELY, MANAGER OF LEARNING AND ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Zion Escobar Executive Director | Officer | 60 | $72,350 |
Eileen Lawal President | OfficerTrustee | 5 | $0 |
Harry Johnson Vice President | OfficerTrustee | 3 | $0 |
Lauren Randle Secretary | OfficerTrustee | 2 | $0 |
Daimian Hines Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,859 |
| All other contributions, gifts, grants, and similar amounts not included above | $298,793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $312,652 |
| Total Program Service Revenue | $0 |
| Investment income | $832 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $313,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $96,850 |
| 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. | $72,350 |
| Compensation of current officers, directors, key employees. | $13,746 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,320 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,544 |
| Fees for services: Management | $49,468 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,161 |
| Office expenses | $1,893 |
| Information technology | $1,994 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $246,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,660 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $94,091 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $344,751 |
| Accounts payable and accrued expenses | $5,163 |
| 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 | $5,163 |
| Net assets without donor restrictions | $0 |
| 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 | $14,271 |
| Retained earnings, endowment, accumulated income, or other funds | $325,317 |
| Total liabilities and net assets/fund balances | $344,751 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Houston Freedmens Town Conservancy Inc has recieved totaling $151,125.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $69,109 |
Houston Texans Foundation Houston, TX PURPOSE: DEDICATED TO SECURING THE FUTURE OF HOUSTON'S ONE OF A KIND HERITAGE DISTRICT BY CULTIVATING ITS ECONOMIC POTENTIAL | $30,000 |
Houston Arts Alliance Houston, TX PURPOSE: General support | $25,000 |
Houston Arts Alliance Houston, TX PURPOSE: General support | $16,701 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,315 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Convention & Visitors Bureau Dallas, TX | $16,156,055 | $23,486,746 |
Houston Association Of Realtors Houston, TX | $18,624,507 | $23,447,617 |
Texas Association Of Realtors Austin, TX | $94,503,864 | $29,443,210 |
Arlington Convention & Visitors Bureau Inc Arlington, TX | $3,519,065 | $16,656,136 |
Promotional Products Association International Irving, TX | $24,269,680 | $12,861,271 |
Greater Oklahoma City Chamber Of Commerce Oklahoma City, OK | $12,639,674 | $12,068,118 |
Chamber Of Commerce Metropolitan Tulsa Tulsa, OK | $9,253,345 | $10,228,951 |
Fort Worth Convention And Visitors Bureau Fort Worth, TX | $6,320,777 | $12,812,000 |
Austin Convention And Visitors Bureau Inc Austin, TX | $8,364,471 | $6,830,186 |
Texas Municipal League Austin, TX | $8,928,481 | $7,134,656 |
Greater Austin Chamber Of Commerce Austin, TX | $7,488,664 | $6,719,729 |
San Antonio Economic Development Foundation San Antonio, TX | $4,503,315 | $6,901,379 |