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Nonprofiteer
← NEW BRAUNFELS AREA COMMUNITY FOUNDATION

Form 990 for tax year 2022

Filed by NEW BRAUNFELS AREA COMMUNITY FOUNDATION.

Totals

Total revenue
$3,377,443
Total expenses
$1,803,238
Contributions and grants received
$2,552,399
Grants paid
$1,369,178
Program service revenue
$153,838
Investment income
$657,148
Other revenue
$14,058
Total assets, end of year
$11,809,419
Total liabilities, end of year
$1,782,429
Net assets or fund balances, end of year
$10,026,990
Program services expenses (Part IX)
$1,500,960
Management and general expenses
$302,278
Fundraising expenses
$0
Program service expenses (Part III)
$1,500,960

Program services were 83.2% 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.

  • 1f · All other contributions, gifts and grants

    $2,552,399

  • 1g · Noncash contributions included above

    $1,920

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $153,838 · related or exempt $153,838

  • 3 · Investment income

    total $374,745 · excluded $374,745

  • 5 · Royalties

    total $14,485 · excluded $14,485

  • 7a · Gross sales of assets other than inventory

    securities $2,735,415

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

    securities $2,453,012

  • 7c · Gain or loss

    securities $282,403

  • 7d · Net gain or loss

    total $282,403 · excluded $282,403

  • 11a · Other revenue: PARTNERSHIP ORDINARY INCOME

    total -$427 · unrelated business -$427

  • 11e · Other revenue, total

    -$427

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,340,008 · program services $1,340,008

  • 2 · Grants to domestic individuals

    total $29,170 · program services $29,170

  • 6 · Compensation of disqualified persons

    total $111,942 · program services $55,971 · management and general $55,971

  • 7 · Other salaries and wages

    total $51,594 · program services $25,797 · management and general $25,797

  • 8 · Pension plan contributions

    total $1,366 · program services $683 · management and general $683

  • 10 · Payroll taxes

    total $12,510 · program services $6,255 · management and general $6,255

  • 11a · Fees: management

    total $125,612 · management and general $125,612

  • 11f · Fees: investment management

    total $42,246 · management and general $42,246

  • 11g · Fees: other

    total $18,915 · management and general $18,915

  • 12 · Advertising and promotion

    total $18,319 · program services $18,319

  • 13 · Office expenses

    total $13,028 · program services $6,514 · management and general $6,514

  • 16 · Occupancy

    total $3,600 · program services $1,800 · management and general $1,800

  • 17 · Travel

    total $587 · management and general $587

  • 19 · Conferences, conventions and meetings

    total $17,652 · program services $8,826 · management and general $8,826

  • 22 · Depreciation, depletion and amortization

    total $5,368 · management and general $5,368

  • 23 · Insurance

    total $3,704 · management and general $3,704

  • 24a · Other expenses: BANK/CREDIT CARD FEES

    total $5,342 · program services $5,342

  • 24b · Other expenses: DUES AND MEMBERSHIPS

    total $2,611 · program services $2,611

  • 24c · Other expenses: LEGACY EXPENSE

    total $377 · program services $377

  • 24d · Other expenses: PROPERTY TAXES

    total -$713 · program services -$713

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,158,962 · end of year $236,740

  • 2 · Savings and temporary cash investments

    beginning of year $220,944 · end of year $1,622,807

  • 3 · Pledges and grants receivable

    beginning of year $1,380 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,691 · end of year $5,685

  • 10a · Land, buildings and equipment: cost or other basis

    $22,991

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,939

  • 10c · Land, buildings and equipment, net

    beginning of year $18,421 · end of year $13,052

  • 12 · Investments: other securities

    beginning of year $11,624,745 · end of year $9,931,135

  • 19 · Deferred revenue

    beginning of year $1,500 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $2,117,627 · end of year $1,782,429

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $10,911,016 · end of year $10,026,990

Mission and programs · 2022

Mission

THE NEW BRAUNFELS AREA COMMUNITY FOUNDATION DEVELOPS AND ENCOURAGES A CULTURE OF PHILANTHROPY BY ACCEPTING GIFTS, ADMINISTERING FUNDS, INVESTING ASSETS, AND MAKING GRANTS TO CHARITABLE ORGANIZATIONS ON BEHALF OF DONORS FOR THE GREATER BENEFIT OF THE AREA.

  • THE NEW BRAUNFELS AREA COMMUNITY FOUNDATION PROVIDES SERVICES TO DONORS BY PROVIDING A VARIETY OF FUND OPTIONS THAT ASSIST DONORS IN THEIR CHARITABLE AND PHILANTHROPIC ENDEAVOURS.

    Expenses $1,500,960 · Grants $1,369,178 · Revenue $153,838

As filed on the 2022 return.

Listed in Part VII

  • CECIL EAGER

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • KARL HITTLE

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • BRENDA CHAPMAN

    CO CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • BRIAN COX

    TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • LARRY HAMMONDS

    CO CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • GARY BARR

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • STEVE WOOD

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • JEFF KAHLIG

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5

  • MATT KYLE

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • GARY SEALS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • MICHAEL MEEK

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • QUINN HOLTMAN

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • KATHLEEN FINCK

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • BARRY WILLIAMS

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • LAURA PINTO

    MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • BRIT KING

    PRESIDENT/CEO

    Total calculated
    $111,943
    From this org
    $111,943
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2023
IRS schema version
2022v5.0
Source object
202331359349303378

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

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