Form 990 for tax year 2024
Filed by SPRING BRANCH CENTER BUILDING FOUNDATION.
Totals
- Total revenue
- $493,318
- Total expenses
- $543,338
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $455,362
- Investment income
- $37,956
- Other revenue
- $0
- Total assets, end of year
- $4,139,345
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $4,139,345
- Program services expenses (Part IX)
- $532,347
- Management and general expenses
- $10,991
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $532,347
Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: RENTAL INCOME
total $455,362 · related or exempt $455,362
-
3 · Investment income
total $35,542 · excluded $35,542
-
7a · Gross sales of assets other than inventory
other assets $2,414
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $2,414
-
7d · Net gain or loss
total $2,414 · related or exempt $2,414
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $30,800 · program services $30,800
-
11c · Fees: accounting
total $3,700 · program services $1,850 · management and general $1,850
-
11f · Fees: investment management
total $967 · management and general $967
-
13 · Office expenses
total $29 · management and general $29
-
22 · Depreciation, depletion and amortization
total $210,996 · program services $210,996
-
23 · Insurance
total $94,661 · program services $94,661
-
24a · Other expenses: UTILITIES
total $127,909 · program services $127,909
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $66,131 · program services $66,131
-
24c · Other expenses: ADMINISTRATIVE EXPENSES
total $8,108 · management and general $8,108
-
24d · Other expenses: BANK FEES
total $37 · management and general $37
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $404,652 · end of year $355,578
-
9 · Prepaid expenses and deferred charges
beginning of year $350 · end of year $350
-
10a · Land, buildings and equipment: cost or other basis
$6,172,056
-
10b · Land, buildings and equipment: accumulated depreciation
$3,549,451
-
10c · Land, buildings and equipment, net
beginning of year $2,639,531 · end of year $2,622,605
-
11 · Investments: publicly traded securities
beginning of year $1,063,878 · end of year $1,160,812
-
27 · Net assets without donor restrictions
beginning of year $4,108,411 · end of year $4,139,345
Mission and programs · 2024
Mission
TO PROVIDE SUPPORT TO LOCAL CHARITIES, SCHOOLS AND HEALTH CARE PROVIDERS IN THE SURROUNDING COMMUNITIES.
-
CONSTRUCT, MAINTAIN AND OPERATE A BUILDING IN SPRING BRANCH, TX TO SUPPORT AND BENEFIT SEVERAL EXEMPT ORGANIZATIONS DESCRIBED IN IRC SEC. 509 (A) (1) OR (2) THAT SERVE THE HEALTH, EDUCATION AND WELFARE NEEDS OF ECONOMICALLY DISADVANTAGED INDIVIDUALS. PROVIDE FACILITIES IN NORTHWEST SPRING BRANCH, TX AREA FOR BOYS AND GIRLS CLUB, SPRING BRANCH ISD PRE-K PROGRAMS, HEALTH CLINIC, FREE LEGAL CONSULTATION, CHILDREN ASSESSMENT PROGRAMS AND OTHERS.
Expenses $532,347 · Revenue $455,362
As filed on the 2024 return.
Listed in Part VII
-
ROBERT CHRISTY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
GRIFF BANDY
VP & TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
SUSAN HALL
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
KAREN BIRENBAUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
KENNY BALDWIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
KEVIN HATTERY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
PEGGY EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
JAMES SHADDIX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
SUSAN HARTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
MATT RUSSEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PUBLIC SCHOOL · TX
-
501 C · YOUTH DEVELOPMENT · TX
-
SPRING BRANCH HUMAN RESOURCE PTR
501 C · DEVELOPMENT · TX
-
501 C · COMMUNITY SERVICE · TX
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601329349302300
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