FELIX & ANGELA MORALES MEMORIAL FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
FELIX & ANGELA MORALES MEMORIAL FOUNDATION (EIN 76-0428633)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-07-30
IRS object ID
201842119349100314
Schema version
2017v2.3
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)
Return2018-07-30T14:08:55-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

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 Begin2017-01-01TaxPeriodBeginDt

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
Signature2018-07-12SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBENJAMIN P GOMEZPreparerPersonNm
PTINP00840652PTIN
Phone7136665900PhoneNum
Preparation2018-07-30PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,758,346FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$16,563ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$35,909DividendsRevAndExpnssAmt
Dividends Net Invst Incm$35,909DividendsNetInvstIncmAmt
Dividends Adj Net Incm$35,909DividendsAdjNetIncmAmt
Other Income Rev And Expnss$140,650OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$21,650OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$140,650OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$193,122TotalRevAndExpnssAmt
Total Net Invst Incm$57,559TotalNetInvstIncmAmt
Total Adj Net Incm$176,559TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$2,581LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$11,785AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$7,496TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$11,312TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$26,494OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$9,615OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$59,668TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$9,615TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$107,662ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$107,662ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$167,330TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$9,615TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$107,662TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$25,792ExcessRevenueOverExpensesAmt
Net Investment Income$47,944NetInvestmentIncomeAmt
Adjusted Net Income$176,559AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$15,623CashBOYAmt
Cash EOY$5,770CashEOYAmt
Cash EOYFMV$5,770CashEOYFMVAmt
Sav And Temp Cash Invst BOY$51,452SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$61,770SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$61,770SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$1,336,591OtherInvestmentsBOYAmt
Other Investments EOY$1,374,418OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,690,806OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,403,666TotalAssetsBOYAmt
Total Assets EOY$1,441,958TotalAssetsEOYAmt
Total Assets EOYFMV$1,758,346TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,403,666RetainedEarningBOYAmt
Retained Earning EOY$1,441,958RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,403,666TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,441,958TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,403,666TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,441,958TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,403,666TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$25,792ExcessRevenueOverExpensesAmt
Other Increases$12,500OtherIncreasesAmt
Subtotal$1,441,958SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,441,958TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$66,327AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,480,068NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.044813DistributionYr1Rt
Adjusted Qlfy Distri Yr2$79,219AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$27,166NetVlNoncharitableAssetsYr2Amt
Distribution Yr22.916108DistributionYr2Rt
Adjusted Qlfy Distri Yr3$73,572AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$238,017NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.309104DistributionYr3Rt
Adjusted Qlfy Distri Yr4$76,982AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$846,652NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.090925DistributionYr4Rt
Adjusted Qlfy Distri Yr5$29,608AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$647,739NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.045710DistributionYr5Rt
Total Distribution3.406660TotalDistributionRt
Average Distribution0.681332AverageDistributionRt
Net Vl Noncharitable Assets$1,550,651NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,056,508AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$479NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,056,987AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$107,662QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$959InvestmentIncomeExciseTaxAmt
Subtotal$959SubtotalAmt
Tax Based On Investment Income$959TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$19EsPenaltyAmt
Tax Due$978TaxDueAmt

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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RICHARD C VARA
333 LOCKWOODHOUSTONTX77001BOARD MEMBER0.50$0$0$0
CHRISTINA MORALES
2901 CANAL STREETHOUSTONTX77003PRESIDENT0.50$0$0$0
ANGIE NIETO
111 N ENNISHOUSTONTX77003BOARD MEMBER0.50$0$0$0
MINERVA PEREZ
3310 BISSONETHOUSTONTX77005SECRETARY0.50$0$0$0
ADRIAN NIETO
111 N ENNISHOUSTONTX77005VICE PRESIDE0.50$0$0$0
ANGELA KRASNICK
2901 CANAL STHOUSTONTX77003BOARD MEMBER0.50$0$0$0
JOHN VIRDEN
2901 CANAL STHOUSTONTX77003BOARD MEMBER0.50$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$1,514,261AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$60,004AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,574,265TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,574,265AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$23,614CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,550,651NetVlNoncharitableAssetsAmt
Minimum Investment Return$77,533MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$77,533MinimumInvestmentReturnAmt
Tax Based On Investment Income$959TaxBasedOnInvestmentIncomeAmt
Total Tax$959TotalTaxAmt
Distributable Before Adj$76,574DistributableBeforeAdjAmt
Distributable Before Ded$76,574DistributableBeforeDedAmt
Distributable As Adjusted$76,574DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$107,662ExpensesAndContributionsAmt
Qualifying Distributions$107,662QualifyingDistributionsAmt
Adjusted Qualifying Distri$107,662AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$76,574DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$40,305ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$74,321ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$78,169ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$192,795TotalExcessDistributionCyovAmt
Qualifying Distributions$107,662QualifyingDistributionsAmt
Applied To Current Year$76,574AppliedToCurrentYearAmt
Remaining Distri From Corpus$31,088RemainingDistriFromCorpusAmt
Total Corpus$223,883TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$223,883ExcessDistriCyovToNextYrAmt
Excess From Year4$40,305ExcessFromYear4Amt
Excess From Year3$74,321ExcessFromYear3Amt
Excess From Year2$78,169ExcessFromYear2Amt
Excess From Current Year$31,088ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FELIX MORALES ELEMENTARY SCHOOL
305 HARRIS STREETHOUSTONTX77020PUBLIC EDUCATION$22,901
HOUSTON ASSOCIATION OF HISPANIC MED
PO BOX 273394HOUSTONTX77277PUBLIC EDUCATION$2,500
HOUSTON COMMUNITY COLLEGE
3100 MAIN STREETHOUSTONTX77002PUBLIC EDUCATION$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$35,401TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$35,909ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$21,650ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescMORALES RANCH- ROYALTIESDesc
Exclusion15ExclusionCd
Exclusion$119,000ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$176,559ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$176,559TotalIncomeProducingActyAmt

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$11,785Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
AMEGY 5821FMV$861,198$1,177,586
US CAPITALFMV$513,106$513,106
FIDELITYFMV$114$114

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$2,581LegalFeesAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK SERVICE FEES$200$200
CONTRACTED SERVICES$6,250
INVESTMENT FEES$9,415$9,415
INSURANCE$2,540
OFFICE EXPENSE$8,089

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
AMEGY 5821$21,650$21,650$21,650
MORALES RANCH- ROYALTIES$119,000$119,000

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPRIOR PERIOD ADJUSTMENTDesc
Amt$12,500Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryPROPETY TAX EXPENSECategoryTxt
Amt$7,496Amt

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