Correa Family Foundation is located in The Woodlands, TX. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Correa Family 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, Correa Family Foundation generated $276.3k in total revenue. All expenses for the organization totaled $337.5k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE TRANSFORMATIVE EXPERIENCES AND SUPPORT TO CHILDREN AFFECTED BY PROVERTY OR ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRANSFORMATIVE EXPERIENCES AND FINACIAL SUPPORT TO CHILDREN BATTLING CANCER AS WELL AS SUPPORT FOR THEIR FAMILIES, INCLUDING TRAVEL AND LODGING ACCOMODATIONS. ADDITIONALLY, DURING SPECIAL CIRCUMSTANCES, WE COMMIT TO SUPPORT COMMUNTIES AFFECTED BY NATURAL DISASTERS.
CHARITY EVENTS / BUTTERFLY CAMPAIGN / FABERGE / PATILLAS EVENTS - CORREA FAMILY FOUNDATION ORGANIZES AND HOSTS CHARITY EVENTS TO RAISE AWARENESS AND RAISE FUNDS TO HELP SUPPORT YOUNG KIDS BATTLING CANCER.
AS A WAY OF HONORING MANY CHILDREN BATTLING CANCER, CORREA FAMILY FOUNDATION DONATES BASEBALL RELATED SOUVENIRS, AS WELL AS BASEBALL GAME ASTROS TICKETS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carlos A Correa Vice-Preside | OfficerTrustee | 3 | $0 |
Ricardo Flores President | OfficerTrustee | 15 | $0 |
Monica Medina Treasurer | OfficerTrustee | 2 | $0 |
Sandybel Oppenheimer Secretary | OfficerTrustee | 3 | $0 |
Daniella Rodriguez Vice-Preside | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $74,536 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $205,856 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $280,392 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$4,044 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $276,348 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $99,102 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
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 | $7,248 |
Advertising and promotion | $2,993 |
Office expenses | $8,592 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $4,741 |
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 | $337,465 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,470 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $3,470 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $3,470 |
Total liabilities and net assets/fund balances | $3,470 |
Over the last fiscal year, Correa Family Foundation has awarded $99,102 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CULTURAL & TRANSPORTATIVE EVENTS | | | $88,102 |
MINOR COMMUNITIES SUPPORT | | | $11,000 |
Over the last fiscal year, we have identified 1 grants that Correa Family Foundation has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lutheran Social Service Of The South Inc Austin, TX | $61,046,286 | $96,832,412 |
El Centro Del Barrio Inc San Antonio, TX | $91,252,083 | $101,246,096 |
Community Action Project Of Tulsa County Inc Tulsa, OK | $75,774,694 | $60,674,476 |
St Hope Foundation Inc Houston, TX | $24,463,545 | $68,716,621 |
South Plains Community Action Association Inc Levelland, TX | $29,457,762 | $62,394,779 |
Community Action Corporation Of South Texas Alice, TX | $17,286,971 | $61,888,354 |
Catholic Charities Of Dallas Inc Dallas, TX | $38,189,744 | $60,557,267 |
Goodwill Industries Of San Antonio Contract Services San Antonio, TX | $23,203,084 | $40,622,954 |
Texas Pregnancy Care Network Austin, TX | $10,724,863 | $36,961,915 |
West Texas Opportunities Lamesa, TX | $6,432,231 | $36,739,532 |
Catholic Charities Diocese Of Fort Worth Fort Worth, TX | $33,220,571 | $32,415,025 |
Louisiana United Methodist Children And Family Services Inc Ruston, LA | $89,566,145 | $35,567,717 |