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Nonprofiteer
← ENDOWMENT FOR HOUSTON HABITAT FOR HUMANITY

Form 990 for tax year 2023

Filed by ENDOWMENT FOR HOUSTON HABITAT FOR HUMANITY.

Totals

Total revenue
$239,989
Total expenses
$431,967
Contributions and grants received
$0
Grants paid
$400,000
Program service revenue
$0
Investment income
$239,989
Other revenue
$0
Total assets, end of year
$7,390,145
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$7,390,145
Program services expenses (Part IX)
$400,000
Management and general expenses
$31,967
Fundraising expenses
$0
Program service expenses (Part III)
$400,000

Program services were 92.6% 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.

  • 3 · Investment income

    total $186,121 · excluded $186,121

  • 7a · Gross sales of assets other than inventory

    securities $1,549,703

  • 7b · Less cost or other basis and sales expenses

    securities $1,495,835

  • 7c · Gain or loss

    securities $53,868

  • 7d · Net gain or loss

    total $53,868 · excluded $53,868

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $400,000 · program services $400,000

  • 11f · Fees: investment management

    total $31,967 · management and general $31,967

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $203,031 · end of year $231,352

  • 11 · Investments: publicly traded securities

    beginning of year $6,609,559 · end of year $7,158,793

  • 27 · Net assets without donor restrictions

    beginning of year $6,810,782 · end of year $7,388,337

  • 28 · Net assets with donor restrictions

    beginning of year $1,808 · end of year $1,808

Mission and programs · 2023

Mission

The organization's primary purpose is to serve as an endowment fund for its supported organization - Houston Habitat for Humanity, Inc by investing the organization's assets, making periodic distributions to the supported organization, and performing such other functions as may be necessary to fulfill the purpose of the organization.

Activities or mission (Part I)

The Endowment serves as an endowment fund for Houston Habitat for Humanity.

  • The Endowment serves as an endowment fund for Houston Habitat for Humanity by investing Habitat's assets, making periodic distributions to Habitat, and performing such other functions as may be necessary to fulfill the purpose of Habitat.

    Expenses $400,000 · Grants $400,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Reverend Harvey Clemons Jr

    Chairman

    Total calculated
    $0
    Hours/week
    8

  • John Cochran

    Director

    Total calculated
    $0
    Hours/week
    4

  • Gaynell Drexler

    Director

    Total calculated
    $0
    Hours/week
    4

  • J Paul Lehman

    Director

    Total calculated
    $0
    Hours/week
    4

  • Sherman Lewis

    Director

    Total calculated
    $0
    Hours/week
    4

  • Tom Scott

    Director

    Total calculated
    $0
    Hours/week
    4

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
23 October 2024
IRS schema version
2023v5.1
Source object
202432979349301123

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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