FELIX & ANGELA MORALES MEMORIAL FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
FELIX & ANGELA MORALES MEMORIAL FOUNDATION (EIN 76-0428633)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-07-20
IRS object ID
202202019349100515
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-07-20T15:10:22-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760225893PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GOMEZ & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15177 RICHMOND AVE STE 1100AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP770566748ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760428633EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FELIX AND ANGELA MORALES MEMORIALBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFELIBusinessNameControlTxt
Phone7132231167PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12901 CANAL STAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77003ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTINA MORALESPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7132231167PhoneNum
Signature2022-06-29SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHRISTINAPersonFirstNm
Person LastMORALESPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBENJAMIN P GOMEZPreparerPersonNm
PTINP00840652PTIN
Phone7136665900PhoneNum
Preparation2022-07-20PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,532,395FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$77,212ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$56InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$56InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$56InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$62,636DividendsRevAndExpnssAmt
Dividends Net Invst Incm$62,636DividendsNetInvstIncmAmt
Dividends Adj Net Incm$62,636DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$131,700NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$131,700GrossSalesPriceAmt
Other Income Rev And Expnss$57,321OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$57,321OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$328,925TotalRevAndExpnssAmt
Total Net Invst Incm$62,692TotalNetInvstIncmAmt
Total Adj Net Incm$120,013TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$15,385AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$7,681TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$85,187OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$108,253TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$122,723ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$122,723ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$230,976TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$122,723TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$97,949ExcessRevenueOverExpensesAmt
Net Investment Income$62,692NetInvestmentIncomeAmt
Adjusted Net Income$120,013AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$190,017CashBOYAmt
Cash EOY$186,146CashEOYAmt
Cash EOYFMV$186,146CashEOYFMVAmt
Sav And Temp Cash Invst BOY$33,220SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$47,515SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$47,515SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$1,795,106OtherInvestmentsBOYAmt
Other Investments EOY$1,878,088OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,298,734OtherInvestmentsEOYFMVAmt
Total Assets BOY$2,018,343TotalAssetsBOYAmt
Total Assets EOY$2,111,749TotalAssetsEOYAmt
Total Assets EOYFMV$2,532,395TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,018,343RetainedEarningBOYAmt
Retained Earning EOY$2,111,749RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,018,343TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,111,749TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,018,343TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,111,749TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,018,343TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$97,949ExcessRevenueOverExpensesAmt
Subtotal$2,116,292SubtotalAmt
Other Decreases$4,543OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$2,111,749TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$871InvestmentIncomeExciseTaxAmt
Subtotal$871SubtotalAmt
Tax Based On Investment Income$871TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$16EsPenaltyAmt
Tax Due$887TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCHRISTINA MORALESIndividualWithBooksNm
Phone7132231167PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12901 CANAL STREETAddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77003ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHRISTINA MORALES
2901 CANAL STREETHOUSTONTX77003PRESIDENT12.00$0$0$0
ADRIAN NIETO
111 N ENNISHOUSTONTX77005VICE PRESIDE12.00$0$0$0
RICHARD C VARA
333 LOCKWOODHOUSTONTX77001FOUNDING BOA12.00$0$0$0
ANGELA KRASNICK
2901 CANAL STHOUSTONTX77003FOUNDING BOA12.00$0$0$0
CONCHITA REYES
2901 CANAL SRHOUSTONTX77003SECRETARY12.00$0$0$0
JAMES LEE
2901 CANAL STHOUSTONTX77003BOARD MEMBER12.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SUPPORT OF EDUCATIONDescription1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,256,747AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$192,474AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,449,221TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,449,221AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$36,738CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,412,483NetVlNoncharitableAssetsAmt
Minimum Investment Return$120,624MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$120,624MinimumInvestmentReturnAmt
Tax Based On Investment Income$871TaxBasedOnInvestmentIncomeAmt
Total Tax$871TotalTaxAmt
Distributable Before Adj$119,753DistributableBeforeAdjAmt
Distributable Before Ded$119,753DistributableBeforeDedAmt
Distributable As Adjusted$119,753DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$122,723ExpensesAndContributionsAmt
Qualifying Distributions$122,723QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$119,753DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$31,088ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$57,731ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$22,359ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$111,178TotalExcessDistributionCyovAmt
Qualifying Distributions$122,723QualifyingDistributionsAmt
Applied To Current Year$119,753AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,970RemainingDistriFromCorpusAmt
Total Corpus$114,148TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$114,148ExcessDistriCyovToNextYrAmt
Excess From Year4$31,088ExcessFromYear4Amt
Excess From Year3$57,731ExcessFromYear3Amt
Excess From Year2$22,359ExcessFromYear2Amt
Excess From Current Year$2,970ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BACK TO SCHOOL GIVEAWAY
305 HARRIS STREETHOUSTONTX77020PUBLIC EDUCATION$34,758
COMMUNITY FAMILY CENTERS
7524 AVENUE EHOUSTONTX77012CHARITABLE$10,000
LATIN WOMAN'S INITITIVE
112 W 4TH STHOUSTONTX77070CHARITABLE$3,500
SER JOBS
1710 TELEPHONE RDHOUSTONTX77023CHARITABLE$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$68,258TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$56ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$62,636ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$131,700RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescMORALES RANCH- ROYALTIESDesc
Exclusion15ExclusionCd
Exclusion$57,321ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$120,013ExclusionAmt
Related Or Exempt Function Incm$131,700RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$251,713TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$15,385Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtTotal NetTotalNetAmt
MERRIL LYNCH 4707 GAIN-LOSS NETPURCHASE$107,623$107,623
MERRIL LYNCH 4704 GAIN-LOSS NETPURCHASE$24,077$24,077

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (4 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
FIDELITYFMV$116$116
MERRILL LYNCH 4707FMV$1,208,212$1,626,769
MERRILL LYNCH 4706FMV$660,283$659,252
MERRILL LYNCH 4704FMV$9,477$12,597

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescPRIOR YEAR ADJUSTMENTSDesc
Amt$4,543Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK SERVICE FEES$9,587
INVESTMENT FEES$11,809
INSURANCE$1,249
OFFICE EXPENSE$50
FUNDRAISING EXPENSE$55,989
UTILITIES$1,246
MEALS AND ENTERTAINMENT$1,586
MORALES FOUNDATION TRANSFER O$2,456
REPAIRS AND MAINTENANCE$1,215

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescMORALES RANCH- ROYALTIESDesc
Revenue And Expenses Per Books$57,321RevenueAndExpensesPerBooksAmt
Adjusted Net Income$57,321AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryOTHER TAXCategoryTxt
Amt$7,681Amt

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