FELIX & ANGELA MORALES MEMORIAL FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FELIX & ANGELA MORALES MEMORIAL FOUNDATION (EIN 76-0428633)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-15
IRS object ID
202143199349105514
Schema version
2020v4.0
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)
Return2021-11-15T13:36:31-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-11-10SignatureDt

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
Preparation2021-11-15PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,365,097FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$66,521ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$73InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$73InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$73InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$46,529DividendsRevAndExpnssAmt
Dividends Net Invst Incm$46,529DividendsNetInvstIncmAmt
Dividends Adj Net Incm$46,529DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$96,211NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$96,211GrossSalesPriceAmt
Other Income Rev And Expnss$32,860OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$32,860OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$242,194TotalRevAndExpnssAmt
Total Net Invst Incm$46,602TotalNetInvstIncmAmt
Total Adj Net Incm$79,462TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$13,680AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$1,079TaxesRevAndExpnssAmt
Printing And Pub Rev And Expnss$225PrintingAndPubRevAndExpnssAmt
Other Expenses Rev And Expnss$45,897OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$60,881TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$124,687ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$124,687ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$185,568TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$124,687TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$56,626ExcessRevenueOverExpensesAmt
Net Investment Income$46,602NetInvestmentIncomeAmt
Adjusted Net Income$79,462AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$282,074CashBOYAmt
Cash EOY$190,017CashEOYAmt
Cash EOYFMV$190,017CashEOYFMVAmt
Sav And Temp Cash Invst BOY$76,411SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$33,220SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$33,220SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$1,603,232OtherInvestmentsBOYAmt
Other Investments EOY$1,795,106OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,141,860OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,961,717TotalAssetsBOYAmt
Total Assets EOY$2,018,343TotalAssetsEOYAmt
Total Assets EOYFMV$2,365,097TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,961,717RetainedEarningBOYAmt
Retained Earning EOY$2,018,343RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,961,717TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,018,343TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,961,717TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,018,343TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,961,717TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$56,626ExcessRevenueOverExpensesAmt
Subtotal$2,018,343SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,018,343TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$648InvestmentIncomeExciseTaxAmt
Subtotal$648SubtotalAmt
Tax Based On Investment Income$648TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$13EsPenaltyAmt
Tax Due$661TaxDueAmt

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$3,259,405AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$361,070AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,620,475TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,620,475AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$54,307CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,566,168NetVlNoncharitableAssetsAmt
Minimum Investment Return$178,308MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$178,308MinimumInvestmentReturnAmt
Tax Based On Investment Income$648TaxBasedOnInvestmentIncomeAmt
Total Tax$648TotalTaxAmt
Distributable Before Adj$177,660DistributableBeforeAdjAmt
Distributable Before Ded$177,660DistributableBeforeDedAmt
Distributable As Adjusted$177,660DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$124,687ExpensesAndContributionsAmt
Qualifying Distributions$124,687QualifyingDistributionsAmt
Adjusted Qualifying Distri$124,687AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$177,660DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$78,169ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$31,088ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$57,731ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$22,359ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$189,347TotalExcessDistributionCyovAmt
Qualifying Distributions$124,687QualifyingDistributionsAmt
Applied To Current Year$124,687AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$52,973ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$52,973ExcessDistributionCyovAppCYAmt
Total Corpus$136,374TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$25,196ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$111,178ExcessDistriCyovToNextYrAmt
Excess From Year3$31,088ExcessFromYear3Amt
Excess From Year2$57,731ExcessFromYear2Amt
Excess From Year1$22,359ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BACK TO SCHOOL GIVEAWAY
305 HARRIS STREETHOUSTONTX77020PUBLIC EDUCATION$21,781
HOUSTON COMMUNITY COLLEGE
3100 MAIN STREETHOUSTONTX77002PUBLIC EDUCATION$6,050
BARRIO DOGS
PO BOX 230677HOUSTONTX77223CHARITABLE$2,000
COMMUNITY FAMILY CENTERS
7524 AVENUE EHOUSTONTX77012CHARITABLE$5,000
UNIVERSITY OF HOUSTON
4800 CALHOUN RDHOUSTONTX77004CHARITABLE$500
LATIN WOMAN'S INITITIVE
112 W 4TH STHOUSTONTX77070CHARITABLE$1,500
UT HEALTH
7000 FANNIN ST 1299HOUSTONTX77030CHARITABLE$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$41,831TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$73ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$46,529ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion1ExclusionCd
Exclusion$27,496ExclusionAmt
Related Or Exempt Function Incm$68,715RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescMORALES RANCH- ROYALTIESDesc
Exclusion15ExclusionCd
Exclusion$32,860ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$106,958ExclusionAmt
Related Or Exempt Function Incm$68,715RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$175,673TotalIncomeProducingActyAmt

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$13,680Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtTotal NetTotalNetAmt
AMEGY GAIN-LOSS NETPURCHASE$6,212$6,212
MERRYLL LYNCH 4707 GAIN-LOSS NETPURCHASE$12,966$12,966
MERRYLL LYNCH 4706 GAIN-LOSS NETPURCHASE$8,318$8,318
CAPITAL ADVISORSPURCHASE$68,715$68,715

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (6 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
US CAPITALFMV
FIDELITYFMV$116$116
AMEGY 5821FMV
MERRILL LYNCH 4707FMV$1,072,668$1,387,158
MERRILL LYNCH 4706FMV$651,922$671,088
MERRILL LYNCH 4704FMV$70,400$83,498

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK SERVICE FEES$2,093
INVESTMENT FEES$18,038
INSURANCE$1,549
OFFICE EXPENSE$1,565
FUNDRAISING EXPENSE$18,300
SUPPLIES$4,352

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescMORALES RANCH- ROYALTIESDesc
Revenue And Expenses Per Books$32,860RevenueAndExpensesPerBooksAmt
Adjusted Net Income$32,860AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryOTHER TAXCategoryTxt
Amt$1,079Amt

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