2018-11-13T20:03:36-06:00 2017-12-31 ERNST & YOUNG US LLP 370 17TH ST STE 3300 DENVER CO 80202 990 2017-01-01 742930535 Entrepreneurs Foundation of Central Texas % EUGENE SEPULVEDA ENTR 5124828894 PO BOX 684826 Austin TX 78768 EUGENE SEPULVEDA CEO 5124828894 2018-11-13 Kelley Simon P00791436 7209314000 104.183.205.7 76055420183175000012 2018-11-13 P 86CB424AE1FAFE4696ABA155B4C5EF7FBA72D4DC F213E6B48CE9C544D9E09D7DB47DBE98D420130F 2017 2019-02-21 02:37:17Z EUGENE SEPULVEDA PO BOX 684826 Austin TX 78768 685941 false X www.entrepreneursfoundation.org X 1999 TX THE ENTREPRENEURS FOUNDATION HELPS ENTREPRENEURS AND THEIR TEAMS BUILD SUCCESSFUL CORPORATE CULTURES THAT CONTRIBUTE TO THEIR PERFORMANCE & THE COMMUNITIES WHERE THEY OPERATE. 12 11 3 1414 0 0 477519 221491 253341 312248 190740 71357 -40618 -25820 880982 579276 324730 233804 0 0 367426 232100 0 0 25997 472464 469424 1164620 935328 -283638 -356052 1014185 614239 36783 5196 977402 609043 THE ENTREPRENEURS FOUNDATION HELPS ENTREPRENEURS AND THEIR TEAMS BUILD SUCCESSFUL CORPORATE CULTURES THAT CONTRIBUTE TO THEIR PERFORMANCE & THE COMMUNITIES WHERE THEY OPERATE. false false 220 0 0 Youth Entrepreneurship Programs: Our 2017 primary leadership projects are Make Something Great and TedxYouth @ Austin. Both are entrepreneurial training programs for children. 550946 0 0 Corporate Social Responsibility programs for member companies, approximately 73 active member companies. Over 7,656 volunteer hours leveraged for community initiatives. 334955 233804 312248 The annual Culturati Summit convenes an intimate group of C-suite leaders from across the country who prioritize culture and employee engagement. 886121 true true false false false true false false false false false true false false true true true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 12 0 true 3 true false false false false false true true false false false false X 12 11 false false false false false false false true true false false false true true true true true true false false X X EUGENE SEPULVEDA 5124828894 701 BRAZOS ST STE 500 Austin TX 78701 Bill Bock Chairman 2.0 0.0 X X 0 0 0 Donald Park Board Member 1.0 0.0 X 0 0 0 Krishna Srinivasan Board Member 1.0 0.0 X 0 0 0 Paul Hurdlow Secretary 2.0 0.0 X X 0 0 0 David Lee Board Member 1.0 0.0 X 0 0 0 Eugene Sepulveda CEO, Board Member 30.0 0.0 X X 133463 0 0 Ellen Wood Treasurer 2.0 0.0 X X 0 0 0 Tom Ball Board Member-resigned 6/29/17 1.0 0.0 X 0 0 0 Heather Brunner Board Member 1.0 0.0 X 0 0 0 Brett Hurt Board Member-resigned 3/21/17 1.0 0.0 X 0 0 0 JAN LINDELOW Board Member-resigned 3/21/17 1.0 0.0 X 0 0 0 Leigh Christie Exec Director-resigned 9/2017 40.0 0.0 X 69708 0 0 203171 0 0 1 false false false Autumn Rich and Company 4001B Drossett Drive AUSTIN TX 78744 administrative svcs 156657 1 137135 84356 7183 221491 CULTURATI REVENUE 611710 312248 312248 0 0 312248 326 326 0 0 0 0 0 129769 58738 71031 71031 71031 22107 137135 47927 -25820 -25820 0 0 0 0 0 0 0 579276 312248 0 45537 233804 233804 0 0 0 199345 159475 19935 19935 0 14443 11555 1444 1444 0 14781 11825 1478 1478 3531 2825 353 353 0 0 0 0 0 0 11860 11860 7942 6354 1588 6456 6456 772 772 0 24816 24816 323 242 81 0 0 0 0 0 5204 5204 EVENT EXPENSE 405147 405147 BUSINESS MEALS/ENTERTAINMENT 4473 3355 1118 MISCELLANEOUS EXPENSES 2431 2431 935328 886121 23210 25997 64009 12705 762376 462678 0 0 40000 57000 0 0 0 0 0 0 0 0 0 0 0 0 13058 0 120060 67174 14250 14250 0 0 432 432 1014185 614239 20195 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16588 5196 36783 5196 X 963152 594793 14250 14250 0 0 977402 609043 1014185 614239 -356052 -12307 X false true X true false X 415259 664358 662333 477519 221491 2440960 0 0 415259 664358 662333 477519 221491 2440960 483224 1957736 208 292 361 129 326 1316 0 -18753 -19222 -32280 -40618 -25820 -136693 2305583 0.84913 0.86039 X true true 67174 F 67174 0 OTHER CURRENT LIABILITIES 5196 5196 X 686336 -12307 71440 59133 627203 -47927 -47927 579276 1054695 71440 71440 983255 -47927 -47927 935328 SCHEDULE D, PART X THE FOUNDATION HAS NOT IDENTIFIED OR RECORDED ANY LIABILITY FOR UNCERTAIN TAX POSITIONS FOR 2017 or 2016. SCHEDULE D, PART XI, LINE 4B AND PART XII, LINE 4B EVENT EXPENSE OF $47,927 WAS RECLASSED TO REVENUE. Austin Invit. 159242 137135 22107 565 5500 771 41091 0 159242 137135 22107 565 5500 771 41091 47927 -25820 true Austin Technology Incubator 3925 West Braker Lane Austin TX 78759 746000203 501(c)(3) 26453 COMMUNITY SUPPORT Habitat for Humanity 310 Comal S Austin TX 78702 742372317 501(c)(3) 25000 COMMUNITY SUPPORT DOWN SYNDROME ASSOCIATION OF CENTRAL TEXAS 3710 CEDAR STREET BOX 3 AUSTIN TX 78705 742577312 501(c)(3) 18750 COMMUNITY SUPPORT Explore Austin 2121 East Cesar Chaves Austin TX 78702 205496495 501(c)(3) 10000 Community Support GirlStart 1400 WEST ANDERSON lANE AUSTIN TX 78757 311595414 501(c)(3) 15640 COMMUNITY SUPPORT Southern Regional Education Board (SREB) 592 Tenth Street NW Atlanta GA 30318 580566141 501(c)(3) 20000 COMMUNITY SUPPORT Service Dogs Inc 4925 Bell Spring Dripping Springs TX 78620 760260567 501(C)(3) 10000 COMMUNITY SUPPORT I LIVE HERE I GIVE HERE 2201 E 6th Street Austin TX 78702 900647614 501(c)(3) 16000 COMMUNITY SUPPORT The Leukemia & Lymphoma Society Inc 3 International Drive Rye Brook NY 10573 135644916 501(c)(3) 20025 community support Philanthropitch 1408 E 13th Street Austin TX 78702 811374280 501(c)(3) 12500 Community support 10 0 Form 990, Schedule I Entrepreneurs Foundation of Central Texas enters into grant contracts for specific use of funds. Grantees must report back on completion of contract. FORM 990, PART VI, QUESTION 11 DESCRIBE THE PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 THE FORM 990 IS REVIEWED BY THE CEO BEFORE FILING. AFTER FILING, ELECTRONIC COPIES OF FORM 990 ARE DISTRIBUTED TO EACH DIRECTOR. FORM 990, PART VI, QUESTION 12C DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST WE ENGAGE IN NO OUTSIDE CONTRACTS EXCEPT FOR CONTRACT LABOR AND IT IS THOROUGHLY EXPLORED THAT THERE ARE NO DIRECTOR RELATIONSHIPS WITH ANYONE HIRED FOR CONTRACT LABOR. CONFLICT OF INTEREST QUESTIONNAIRES ARE SUBMITTED BY EACH OFFICER AND DIRECTOR ON AN ANNUAL BASIS. THE QUESTIONNAIRES ARE REVIEWED BY THE BOARD, AND ANY EXCEPTIONS TO THE POLICY ARE VOTED UPON BY THE BOARD. THE OFFICER OR DIRECTOR WITH THE POTENTIAL CONFLICT IS RECUSED FROM THE VOTE. FORM 990, PART VI, QUESTION 15A OFFICES & POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS WAS BEGUN ALL BOARD MEMBERS WITH THE EXCEPTION OF THE CEO ARE INDEPENDENT. THEY ENTER INTO EXECUTIVE SESSION TO DETERMINE FINAL COMPENSATION OF EACH KEY PERSON FOR THE YEAR. CURRENT COMPENSATION LEVELS WERE DETERMINED IN 2017 BY THE BOARD PER REVIEW OF INDUSTRY SURVEYS, WITH ANNUAL COST OF LIVING ADJUSTMENTS. A FORMAL SALARY REVIEW WAS CONDUCTED IN EARLY 2017 AND NEW SALARY LEVELS WERE DETERMINED IN MARCH 2017. FORM 990, PART VI, QUESTION 19 AVAIL OF GOV DOCS, CONFLICT OF INT POLICY, & FIN STMTS TO GEN PUBLIC THESE DOCUMENTS ARE AVAILABLE FOR PUBLIC REVIEW ON OUR WEBSITE OR IN PERSON AT OUR OFFICES AT 2921 E. 17TH ST., AUSTIN, TX 78702. FORM 990, PART XII, QUESTION 2C THE ORGANIZATION HAS A COMMITTEE HEADED BY THE TREASURER WHICH OVERSEES THE SELECTION OF INDEPENDENT AUDITORS AND REVIEWS THE AUDITED FINANCIAL STATEMENTS.