2018-05-14T12:56:13-05:00 2017-06-30 203992693 RANDY WALKER & CO 7800 IH 10 West Ste 505 San Antonio TX 78230 990 2016-07-01 760450397 PROJECT GRAD HOUSTON PROJ 7138320325 3000 RICHMOND AVE No 400 HOUSTON TX 77098 ANN B STILES PRESIDENT AND CEO 7138320325 2018-04-30 1 Randy L Walker CPA P00963779 2103669430 2016 2022-09-23 18:48:47Z KATHRYN L KETELSEN 3000 RICHMOND AVE No 400 HOUSTON TX 77098 3627298 0 X WWW.PROJECTGRADHOUSTON.ORG X 1994 TX THE MISSION IS TO INCREASE HIGH SCHOOL AND COLLEGE GRADUATION RATES. (SEE SCHEDULE O)PROJECT GRAD IMPROVES LIVES IN LOW INCOME COMMUNITIES BY HELPING INDIVIDUALS DEVELOP AND ACHIEVE THEIR EDUCATIONAL ASPIRATIONS. 17 17 28 100 0 0 1908425 2930910 575431 696388 0 0 0 0 2483856 3627298 320434 829919 0 0 884188 1707855 0 2078 243292 257098 511335 1461720 3051187 1022136 576111 1594640 2005524 1052122 886895 542518 1118629 X Project GRAD improves lives in low income communities by helping INDIVIDUALS develop and achieve their educational aspirations. 0 0 929701 829919 664638 Scholarship:GRAD provided community college and university scholarships for the benefit of high school graduating classes of 2016 and prior from DAVIS, YATES, WHEATLEY, REAGAN AND SAM HOUSTON HIGH SCHOOLS WHO MET SPECIFIED CRITERIA prior to graduation from high school and who maintain specified levels of achievement while enrolled in community college or university. The goal of the GRAD Scholarship was the successful ongoing community college or university enrollment and the ultimate completion of postsecondary credentials or degrees. 1305891 31750 COLLEGE ACCESS & COLLEGE SUCCESS PROGRAMS:Project GRAD reached individuals and families from low-income communities with relevant information and programming to guide their college and career planning and ultimate success. GRAD staff were available through school-based collaborations and through an open access community-based delivery of services, the GRADcafe model. Programming included college access and enrollment support, financial aid applications, career investigations, and enrollment in GRAD's summer College and Career Institutes. THIS MULTI-DAY PROGRAMMING ALLOWED INDIVIDUALS TO TOUR COLLEGE CAMPUSES, RECEIVE INFORMATION ABOUT COLLEGE APPLICATIONS AND FINANCIAL AID, CONNECT HIGH DEMAND CAREER OPTIONS, AND EXPERIENCE COLLEGE CLASSROOM INSTRUCTION RELATED TO COLLEGE CERTIFICATION AND DEGREES. 2235592 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 77 0 1 28 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X ANN B STILES 8323250467 3000 RICHMOND AVE STE 400 HOUSTON TX 77098 X ALBERTO ANTENANGELI DIRECTOR 1.00 X 0 0 0 JENNIFER BROWN DIRECTOR 1.00 X 0 0 0 SHANNON BRYAN DIRECTOR 1.00 X 0 0 0 EMILY COLE DIRECTOR 1.00 X 0 0 0 DENNIS L GREER DIRECTOR 1.00 X 0 0 0 GREG HASSELL DIRECTOR 1.00 X 0 0 0 SCOTT HOCHBERG DIRECTOR 1.00 X 0 0 0 ED HUGETZ DIRECTOR 1.00 X 0 0 0 KATHRYN L KETELSEN CHAIR/CO-FOUNDER 1.00 X 0 0 0 MARK MONTGOMERY DIRECTOR 1.00 X 0 0 0 DENISE MOORE DIRECTOR 1.00 X 0 0 0 GRACIELA SAENZ DIRECTOR/SECRETARY 1.00 X 0 0 0 DAVID SANDERS DIRECTOR 1.00 X 0 0 0 MA SHUTE DIRECTOR 1.00 X 0 0 0 ANNE TAYLOR DIRECTOR 1.00 X 0 0 0 JOHN WHISNANT DIRECTOR 1.00 X 0 0 0 ANN KAUFMAN DIRECTOR AND SECRETARY 1.00 X X 0 0 0 ANN B STILES PRESIDENT AND CEO 40.00 X 152000 0 22587 CYDNEY H PETERS VP & CHIEF DEVELOPMENT OFFICER 40.00 X 70000 0 14405 ANNE SUNG VP & CHIEF STRATEGY OFFICER 40.00 X 110000 0 2655 MICHAEL MURPHREE TREASURER & CFO 40.00 X 94610 0 5295 426610 0 44942 2 0 1 0 0 141966 2788944 2930910 SERVICE CONTRACTS 611710 696388 696388 696388 3627298 696388 0 0 X 829919 829919 471552 112655 274492 84405 1028694 792660 134992 101042 86160 63646 14704 7810 121449 77448 29883 14118 2078 2078 68508 36914 30944 650 94234 57273 22196 14765 16361 15009 868 484 104343 72262 20595 11486 27019 21717 4488 814 28863 26215 1571 1077 19607 19607 7553 5231 1491 831 COLLEGE INSTITUTE PROG. 99782 99782 OTHER EXPENSES - MISC. 44897 24861 16347 3689 TRAINING 168 125 43 3051187 2235592 572303 243292 145242 247914 1300667 1703395 141006 45701 7725 8514 26411 26411 0 0 1594640 2005524 113122 86895 939000 800000 1052122 886895 X -1149720 -717756 1692238 1836385 542518 1118629 1594640 2005524 576111 0 X X 0 1 X 1 0 X 2046902 2544230 2258672 2158490 4839335 13847629 2046902 2544230 2258672 2158490 4839335 13847629 2432482 11415147 13847629 6850865 0.82430 0.71190 X Schedule A, Part VI, List of Unusual Grants: Description: CHARITABLE AWARD Date: 06/15/17 Amount: 1000000. SCHEDULE A PROJECT GRAD HOUSTON CHANGED ITS ACCOUNTING PERIOD TO JUNE 30TH. AS SUCH, A SHORT PERIOD RETURN WAS FILED FOR THE PERIOD OF 1/1/2016 THROUGH 6/30/2016. SCHEDULE A, PART II, COLUMN (E) REFLECTS THE TOTALS FOR THE PERIOD FROM 1/1/2016 - 6/30/2017. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26411 26411 0 0 3627298 0 3627298 0 3627298 3051187 0 3051187 0 3051187 1 CASH SCHOLARSHIPS FOR STUDENTS 735 829919 Part I, Line 2: Project Grad Houston provides scholarship awards to qualifying graduates of certain Houston Independent school district high schools. Qualifications are monitored annually. Payments are made directly to the college or university for which the student is enrolled and may be used for tuition, books and on-campus living costs. For students that have graduated, earned scholarships are paid directly to loan providers to retire student college debt. X X X X 0 0 0 0 0 0 0 0 0 ANN B STILES PRESIDENT AND CEO 152000 0 0 0 0 0 10336 0 12251 0 174587 0 0 0 Part I, Line 3 THE COMPENSATION FOR THE CEO, CSO AND CFO IS BASED UPON THE REVIEW OF COMPARABLE COMPENSATION DATA OF SIMILAR ORGANIZATIONS. THE WRITTEN COMPENSATION AGREEMENT TERMS ARE REVIEWED, AND APPROVED, BY THE INDEPENDENT BOARD OF DIRECTORS AND THE COMPENSATION COMMITTEE. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION PROJECT GRAD HOUSTON 3000 RICHMOND AVE SUITE 400 HOUSTON, TX 77098 EMPLOYER IDENTIFICATION NUMBER: 76-0450397 FOR THE YEAR ENDING JUNE 30, 2017 PROJECT GRAD HOUSTON IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). Form 990, Part VI, Section B, line 11b FORM 990 INFORMATION IS PROVIDED TO THE COMPANY'S TAX ACCOUNTANTS FOR RETURN PREPARATION AND COMPLIANCE. A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE PRIOR TO ISSUANCE. ONCE APPROVED, THE 990 IS DISTRIBUTED TO EACH BOARD MEMBER. Form 990, Part VI, Section B, line 12c Disclosures are required annually and interim compliance is reviewed on a case by case basis. Form 990, Part VI, Section B, line 15 BOARD COMPENSATION COMMITTEE MEMBERS RECOMMEND SALARY AND BENEFITS OF THE PRESIDENT & CEO FOR FULL BOARD APPROVAL BASED ON RESEARCH AND REVIEWS OF THIRD PARTY INFORMATION. COMMITTEE MEMBERS WILL ALSO REPORT TO THE BOARD ANY RECOMMENDATIONS FOR OTHER EXECUTIVE LEVEL POSITIONS. Form 990, Part VI, Section C, line 19 FINANCIAL STATEMENTS AND FORM 990 ARE PROVIDED TO POTENTIAL DONORS AND OTHERS AS REQUESTED AND ARE ALSO AVAILABLE ON THE COMPANY'S WEBSITE. FORM 990, PART VII, SECTIONS A, COLUMN D PROJECT GRAD HOUSTON ENTERED INTO A THREE-YEAR SERVICES AGREEMENT WITH THE UNIVERSITY OF HOUSTON (UH) EFFECTIVE SEPTEMBER 1, 2014 INCLUDING AN EMPLOYMENT ARRANGEMENT WITH THE ORGANIZATION'S PRESIDENT. UNDER TERMS OF THE AGREEMENT, THE ORGANIZATION WILL REIMBURSE UH FOR DEFINED PAYROLL AND BENEFITS COSTS FOR THE SERVICES OF THE ORGANIZATION'S PRESIDENT. IMPLEMENTATION BEGAN JANUARY 1, 2015 FOR THE ORGANIZATION'S MONTHLY COMMITMENT OF $15,374. EFFECTIVE SEPTEMBER 1, 2017, THE CONTRACT WAS RENEWED FOR ANOTHER YEAR AND THE MONTHLY COMMITMENT AMOUNT WAS INCREASED TO $15,720. THE SERVICE AGREEMENT IS CANCELABLE IN 30 DAYS BY EITHER PARTY. FORM 990, PART IX, LINES 5 AND 7 PROJECT GRAD HOUSTON ENTERED INTO A THREE-YEAR SERVICES AGREEMENT WITH THE UNIVERSITY OF HOUSTON (UH) EFFECTIVE SEPTEMBER 1, 2014 INCLUDING AN EMPLOYMENT ARRANGEMENT WITH THE ORGANIZATION'S PRESIDENT. UNDER TERMS OF THE AGREEMENT, THE ORGANIZATION WILL REIMBURSE UH FOR DEFINED PAYROLL AND BENEFITS COSTS FOR THE SERVICES OF THE ORGANIZATION'S PRESIDENT. IMPLEMENTATION BEGAN JANUARY 1, 2015 FOR THE ORGANIZATION'S MONTHLY COMMITMENT OF $15,374. EFFECTIVE SEPTEMBER 1, 2017, THE CONTRACT WAS RENEWED FOR ANOTHER YEAR AND THE MONTHLY COMMITMENT AMOUNT WAS INCREASED TO $15,720. THE SERVICE AGREEMENT IS CANCELABLE IN 30 DAYS BY EITHER PARTY. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS FOR ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR HAVE NOT CHANGED FROM THE PRIOR YEAR.