FELIX & ANGELA MORALES MEMORIAL FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
FELIX & ANGELA MORALES MEMORIAL FOUNDATION (EIN 76-0428633)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-09
IRS object ID
201723139349100447
Schema version
2016v3.0
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)
Return2017-11-09T18:04:44-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Begin2016-01-01TaxPeriodBeginDt

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 TitleVP/TREAS/DIRECTORPersonTitleTxt
Phone7132231167PhoneNum
Signature2017-11-09SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBENJAMIN P GOMEZPreparerPersonNm
PTINP00840652PTIN
Phone7136665900PhoneNum
Preparation2017-11-09PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device IdD2DACD749BB82E7FD40A04897BE5B19DB79DE5F4AtSubmissionCreationDeviceId
At Submission Filing Device IdA77DDC5E0F8B5DE3A6BE5F324DC13B4A64DEE02DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,564,331FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$32,310DividendsRevAndExpnssAmt
Dividends Net Invst Incm$32,310DividendsNetInvstIncmAmt
Dividends Adj Net Incm$32,310DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$7,494NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$7,494GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,494CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$85,011OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$11OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$85,011OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$124,815TotalRevAndExpnssAmt
Total Net Invst Incm$39,815TotalNetInvstIncmAmt
Total Adj Net Incm$117,321TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,000AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$1,691TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$32,581OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$10,514OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$36,272TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10,514TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$66,327ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$66,327ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$102,599TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10,514TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$66,327TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$22,216ExcessRevenueOverExpensesAmt
Net Investment Income$29,301NetInvestmentIncomeAmt
Adjusted Net Income$117,321AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$27,778CashBOYAmt
Cash EOY$15,623CashEOYAmt
Cash EOYFMV$15,623CashEOYFMVAmt
Sav And Temp Cash Invst BOY$82,185SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$51,452SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$51,452SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$19,648OtherInvestmentsBOYAmt
Other Investments EOY$1,336,591OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,497,256OtherInvestmentsEOYFMVAmt
Total Assets BOY$129,611TotalAssetsBOYAmt
Total Assets EOY$1,403,666TotalAssetsEOYAmt
Total Assets EOYFMV$1,564,331TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$129,611RetainedEarningBOYAmt
Retained Earning EOY$1,403,666RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$129,611TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,403,666TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$129,611TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,403,666TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$129,611TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$22,216ExcessRevenueOverExpensesAmt
Other Increases$1,251,839OtherIncreasesAmt
Subtotal$1,403,666SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,403,666TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$7,494CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$79,219AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$27,166NetVlNoncharitableAssetsYr1Amt
Distribution Yr12.916108DistributionYr1Rt
Adjusted Qlfy Distri Yr2$73,572AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$238,017NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.309104DistributionYr2Rt
Adjusted Qlfy Distri Yr3$76,982AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$846,652NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.090925DistributionYr3Rt
Adjusted Qlfy Distri Yr4$29,608AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$647,739NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.045710DistributionYr4Rt
Adjusted Qlfy Distri Yr5$32,506AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$645,785NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.050336DistributionYr5Rt
Total Distribution3.412183TotalDistributionRt
Average Distribution0.682437AverageDistributionRt
Net Vl Noncharitable Assets$1,480,068NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,010,053AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$293NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,010,346AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$66,327QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$586InvestmentIncomeExciseTaxAmt
Subtotal$586SubtotalAmt
Tax Based On Investment Income$586TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$17EsPenaltyAmt
Tax Due$603TaxDueAmt

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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RICHARD C VARA
333 LOCKWOODHOUSTONTX77001PRESIDENT/DI0.50$0$0$0
CHRISTINA MORALES
2901 CANAL STREETHOUSTONTX77003VP/TREAS/DIR0.50$0$0$0
ANGIE NIETO
111 N ENNISHOUSTONTX77003DIRECTOR0.50$0$0$0
MINERVA PEREZ
3310 BISSONETHOUSTONTX77005DIRECTOR0.50$0$0$0
ADRIAN NIETO
111 N ENNISHOUSTONTX77005DIRECTOR0.50$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$1,446,474AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$56,133AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,502,607TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,502,607AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$22,539CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,480,068NetVlNoncharitableAssetsAmt
Minimum Investment Return$74,003MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$74,003MinimumInvestmentReturnAmt
Tax Based On Investment Income$586TaxBasedOnInvestmentIncomeAmt
Total Tax$586TotalTaxAmt
Distributable Before Adj$73,417DistributableBeforeAdjAmt
Distributable Before Ded$73,417DistributableBeforeDedAmt
Distributable As Adjusted$73,417DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$66,327ExpensesAndContributionsAmt
Qualifying Distributions$66,327QualifyingDistributionsAmt
Adjusted Qualifying Distri$66,327AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$73,417DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$9,109ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$40,305ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$74,321ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$78,169ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$201,904TotalExcessDistributionCyovAmt
Qualifying Distributions$66,327QualifyingDistributionsAmt
Applied To Current Year$66,327AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$7,090ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$7,090ExcessDistributionCyovAppCYAmt
Total Corpus$194,814TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,019ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$192,795ExcessDistriCyovToNextYrAmt
Excess From Year3$40,305ExcessFromYear3Amt
Excess From Year2$74,321ExcessFromYear2Amt
Excess From Year1$78,169ExcessFromYear1Amt

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$41,327
HOUSTON ASSOCIATION OF HISPANIC MED
PO BOX 273394HOUSTONTX77277PUBLIC EDUCATION$5,000
HOUSTON COMMUNITY COLLEGE
3100 MAIN STREETHOUSTONTX77002PUBLIC EDUCATION$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$66,327TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$32,310ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,494ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
MORALES RANCH- ROYALTIES15$75,000
ROYALTIES15$10,000

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$124,815ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$124,815TotalIncomeProducingActyAmt

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$2,000Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
AMEGY 5821FMV$880,194$1,040,859
US CAPITALFMV$456,283$456,283
FIDELITYFMV$114$114

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BANK SERVICE FEES$70$70
CONTRACTED SERVICES$5,000
INVESTMENT FEES$10,444$10,444
INSURANCE$2,066
OFFICE EXPENSE$15,001

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
AMEGY 5821$11$11$11
MORALES RANCH- ROYALTIES$75,000$75,000
ROYALTIES$10,000$10,000

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescADJUST BOOK BASIS FOR INVESTMENT ACCOUNTSDesc
Amt$1,251,839Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
INCOME TAX EXPENSE$308
PROPETY TAX EXPENSE$1,383

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