ENTREPRENEURS FOUNDATION OF CENTRAL TEXAS: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ENTREPRENEURS FOUNDATION OF CENTRAL TEXAS (EIN 74-2930535)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-10
- IRS object ID
- 201143149349301304
- Schema version
- 2010v3.4
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-10T08:43:14-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CONGRESS SUITE 1800 | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 78701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742930535 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Entrepreneurs Foundation of Central Texas | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ENTR | NameControl |
| Phone | 5124828894 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 684826 | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78768 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Eugene Sepulveda | Name |
| Title | ceo | Title |
| Date Signed | 2011-11-10 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5124789881 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Eugene Sepulveda | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 684826 | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78768 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1681898 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.givetoaustin.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | Promote philanthropy & volunteerism in Austin's high-tech, venture-backed community | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5 | TotalNbrEmployees |
| Total Nbr Volunteers | 2233 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 549564 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1251884 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 303179 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -12341 | InvestmentIncomePriorYear |
| Investment Income Current Year | -6554 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -5778 | OtherRevenuePriorYear |
| Other Revenue Current Year | 58343 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 531445 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1606852 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 126000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1251683 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 271153 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 263771 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 42968 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 165258 | OtherExpensePriorYear |
| Other Expenses Current Year | 350137 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 562411 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1865591 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -30966 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -258739 | RevenuesLessExpensesCY |
| Total Assets BOY | 891590 | TotalAssetsBOY |
| Total Assets EOY | 651542 | TotalAssetsEOY |
| Total Liabilities BOY | 438 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3302 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 891152 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 648240 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | PROMOTE PHILANTHROPY & VOLUNTEERISM IN AUSTIN'S HIGH-TECH, VENTURE-BACKED COMMUNITY | MissionDescription |
| Significant New Program Services | true | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 273743 | Expense |
| Revenue | 261107 | Revenue |
| Description | Our Leadership projects: 2010 primary leadership project is Lemonade Day, an entrepreneurial training program for children. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 553277 | Expense |
| Grants | 303039 | Grants |
| Revenue | 42072 | Revenue |
| Description | Corporate Social Responsibility programs for member companies, approximately 140 active member companies. Over 11,400 volunteer hours leveraged for community initiatives. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 948644 | Expense |
| Grants | 948644 | Grants |
| Description | The Foundation coordinated an ad hoc Haiti earthquake relief fund, in which the Foundation's member companies and their employees made contributions that were aggregated by the Foundation and donated to US non-profit organizations providing direct emergency relief assistance to Haitians. The effort furthered the corporate philanthropy and social responsibility of its members, and approximately one-third of the grants were made to organizations targeting funding of entrepreneurial efforts for Haitians trying to regain financial security following the devastating 2010 earthquake. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1775664 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 11 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 5 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | EUGENE SEPULVEDA | NamePerson |
| Telephone Number | 5124828894 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 684826 | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78768 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Bill Bock | ||||||
| Chairman | 2.0 | X | X | 0 | 0 | 0 |
| Jeff Browning | ||||||
| Board Member | 2.0 | X | 0 | 0 | 0 | |
| Scott Collier | ||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |
| Elizabeth Davis | ||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |
| David Hood | ||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |
| Paul Hurdlow | ||||||
| Secretary | 2.0 | X | X | 0 | 0 | 0 |
| David Lee | ||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |
| Jan Lindelow | ||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |
| Eugene Sepulveda | ||||||
| CEO, Board Member | 30.0 | X | X | 118373 | 0 | 6420 |
| Phil Siegel | ||||||
| Board Member | 1.0 | X | 0 | 0 | 0 | |
| Ellen Wood | ||||||
| Treasurer | 2.0 | X | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 118373 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 6420 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 168528 | FundraisingEvents |
| All Other Contributions | 1083356 | AllOtherContributions |
| Total Contributions | 1251884 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| LEMONDADE DAY | 261107 | 261107 |
| CORP RESPONSIBILITY PROJECTS | 42072 | 42072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 303179 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60 | TotalRevenueColumn |
| Exclusion | $60 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 68432 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 75046 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -6614 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -6614 | TotalRevenueColumn |
| Exclusion | -$6,614 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 35062 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 168528 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 0 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35062 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 23281 | TotalRevenueColumn |
| Related Or Exempt Function Income | 23281 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 23281 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1606852 | TotalRevenueColumn |
| Related Or Exempt Function Income | 326460 | RelatedOrExemptFunctionIncome |
| Exclusion | -$6,554 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1251683 | Total |
| Program Services | 1251683 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118373 | Total |
| Program Services | 82861 | ProgramServices |
| Management And General | 17756 | ManagementAndGeneral |
| Fundraising | 17756 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99326 | Total |
| Program Services | 69528 | ProgramServices |
| Management And General | 14899 | ManagementAndGeneral |
| Fundraising | 14899 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25018 | Total |
| Program Services | 17512 | ProgramServices |
| Management And General | 3753 | ManagementAndGeneral |
| Fundraising | 3753 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21054 | Total |
| Program Services | 14738 | ProgramServices |
| Management And General | 3158 | ManagementAndGeneral |
| Fundraising | 3158 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5578 | Total |
| Program Services | 4462 | ProgramServices |
| Management And General | 558 | ManagementAndGeneral |
| Fundraising | 558 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6200 | Total |
| Program Services | 4960 | ProgramServices |
| Management And General | 620 | ManagementAndGeneral |
| Fundraising | 620 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1200 | Total |
| Program Services | 960 | ProgramServices |
| Management And General | 120 | ManagementAndGeneral |
| Fundraising | 120 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3380 | Total |
| Program Services | 2704 | ProgramServices |
| Management And General | 338 | ManagementAndGeneral |
| Fundraising | 338 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13309 | Total |
| Program Services | 6654 | ProgramServices |
| Management And General | 5324 | ManagementAndGeneral |
| Fundraising | 1331 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1526 | Total |
| Program Services | 1220 | ProgramServices |
| Management And General | 153 | ManagementAndGeneral |
| Fundraising | 153 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| TRAINING & DEVELOPMENT | 1501 | 1201 | 150 | 150 |
| EVENT EXPENSE | 316124 | 316124 | ||
| OTHER EXPENSES | 1319 | 1057 | 130 | 132 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1865591 | Total |
| Program Services | 1775664 | ProgramServices |
| Management And General | 46959 | ManagementAndGeneral |
| Fundraising | 42968 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84506 | BOY |
| EOY | 118846 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 371862 | BOY |
| EOY | 239119 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78750 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35269 | BOY |
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1400 | BOY |
| EOY | 35785 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 310738 | BOY |
| EOY | 254727 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9065 | BOY |
| EOY | 3065 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 891590 | BOY |
| EOY | 651542 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 438 | BOY |
| EOY | 3302 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 438 | BOY |
| EOY | 3302 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 891152 | BOY |
| EOY | 648240 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 891152 | BOY |
| EOY | 648240 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 891590 | BOY |
| EOY | 651542 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -258739 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 15827 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 222932 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 197577 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 197250 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 549564 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1251884 | CurrentTaxYear |
| Total | 2419207 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 222932 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 197577 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 197250 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 549564 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1251884 | CurrentTaxYear |
| Total | 2419207 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 620721 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1798486 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 29363 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 35872 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 29483 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 341 | CurrentTaxYearMinus1Year |
| Current Tax Year | 60 | CurrentTaxYear |
| Total | 95119 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2355 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 91815 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 142875 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 26415 | CurrentTaxYearMinus1Year |
| Current Tax Year | 361522 | CurrentTaxYear |
| Total | 624982 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 3139308 | TotalSupport |
| Gross Receipts From Admissions Etc | 624982 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.57289 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.72505 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Land | Land | |
| Buildings | Buildings | |
| Leasehold Improvements | LeaseholdImprovements | |
| Equipment | Equipment | |
| Other Land Buildings | OtherLandBuildings | |
| Financial Derivatives | FinancialDerivatives |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 254727 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 254727 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 1606852 | TotalRevenue |
| Total Expenses | 1865591 | TotalExpenses |
| Excess Or Deficit For Year | -258739 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 15827 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 15827 | TotalAdjustments |
| Excess Or Deficit Per FS | -242912 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1664679 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 15827 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 42000 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 57827 | RevenueNotRptdF990 |
| Revenue Subtotal | 1606852 | RevenueSubtotal |
| Total Revenue Per Form990 | 1606852 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1907591 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 42000 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 42000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1865591 | ExpensesSubtotal |
| Total Expenses Per Form990 | 1865591 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Explanation | Income Tax Footnote The Foundation is exempt from federal income taxes under Section 501(c) (3) of the Internal Revenue Code, except with respect to any unrelated business income. In June 2006, the Financial Accounting Standards Board (FASB) issued a pronouncement entitled Accounting for Uncertainty in Income Taxes (the Pronouncement), which clarifies the accounting for uncertain tax positions. The Pronouncement requires the Foundation recognize in its financial statements the impact of a tax position, if the position is more likely than not of being sustained on audit, based on the technical merits of the position. The Pronouncement was effective for the Foundation on January 1, 2009. The adoption did not have a material effect on the Foundation's financial statements. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Austin Invit | NameOfEvent1 |
| Gross Receipts Event1 | 203590 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 168528 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 35062 | GrossRevenueEvent1 |
| Name Of Event2 | Lemonade day | NameOfEvent2 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 203590 | GrossReceiptsTotal |
| Charitable Contributions Total | 168528 | CharitableContributionsTotal |
| Gross Revenue Total Events | 35062 | GrossRevenueTotalEvents |
| Net Income Summary | 35062 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (19 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|---|---|---|---|
| Any Baby Can | ||||||
| 1121 East 7th Street | Austin | TX | 78702 | 742684335 | 501(c)(3) | 5936 |
| Austin Children's Shelter | ||||||
| 4800 Manor Road | Austin | TX | 78723 | 742320657 | 501(c)(3) | 15000 |
| Blue Santa | ||||||
| 1801 E 51st S | Austin | TX | 78723 | 742297116 | 501(C)(3) | 8000 |
| Bookspring | ||||||
| 2006 Greenbrook Pkwy | Austin | TX | 78723 | 742542664 | 501(C)(3) | 12000 |
| Breakthrough Austin - v | ||||||
| 1050 East 11th Street | Austin | TX | 78702 | 742991346 | 501(C)(3) | 32874 |
| Capital Area Food Bank | ||||||
| 8201 S Congress Avenue | Austin | TX | 78745 | 742217350 | 501(C)(3) | 8000 |
| Catholic Relief Services | ||||||
| 228 W Lexington | Baltimore | MD | 212013443 | 135563422 | 50000 | |
| Center for Child Protective Services | ||||||
| 8509 FM 969 | Austin | TX | 78724 | 742562585 | 501(C)(3) | 33917 |
| Charity Water | ||||||
| 200 Varick Street | New York | NY | 10014 | 223936753 | 501(C)(3) | 37651 |
| Communities in Schools | ||||||
| 3000 South IH-35 | Austin | TX | 78704 | 742369020 | 501(C)(3) | 15000 |
| Concern Worldwide | ||||||
| 355 Lexington Avenue | New York | NY | 10017 | 133712030 | 501(C)(3) | 538000 |
| Fonkoze USA | ||||||
| 1700 Kalorama Road NW | Washington | DC | 20009 | 522022113 | 501(C)(3) | 101000 |
| Foundation Communities-v | ||||||
| 3036 S 1st Street | Austin | TX | 78704 | 742563260 | 501(C)(3) | 50000 |
| Partners in Health | ||||||
| 631 W 38th St | Austin | TX | 787051251 | 043567502 | 501(C)(3) | 184018 |
| Red Cross | ||||||
| 2218 Pershing Drive | Austin | TX | 787235849 | 530196605 | 501(C)(3) | 29958 |
| Sammy's House | ||||||
| 2415 Twin Oaks Drive | Austin | TX | 787572731 | 742985152 | 501(C)(3) | 6034 |
| San Juan Diego High School | ||||||
| 800 Herndon Lane | Austin | TX | 78704 | 261394000 | 501(C)(3) | 50000 |
| Save the Children | ||||||
| 54 Wilton Road | Westport | CT | 06880 | 060726487 | 501(C)(3) | 9018 |
| Seton Fund | ||||||
| 1206 W 38th | Austin | TX | 787051018 | 742212968 | 501(C)(3) | 37036 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 18 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Form 990, Schedule I | Identifier |
| Return Reference | Description of Organization's Procedures for Monitoring the Use of Grants | ReturnReference |
| Explanation | Entrepreneurs Foundation of Central Texas enters into grant contracts for specific use of funds. Grantees must report back on completion of contract. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Explanation | FORM 990, PART III, LINE 2 THE FOUNDATION ADDED A NEW PHILANTHROPIC PROGRAM IN 2010 TO PROVIDE HUMANITARIAN AND ENTREPRENEURIAL ASSISTANCE FOR INDIVIDUALS AFFECTED BY THE 2010 HAITIAN EARTHQUAKE FORM 990, PART VI, QUESTION 11 DESCRIBE THE PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 THE FORMS 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 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 2008 BY THE BOARD PER REVIEW OF INDUSTRY SURVEYS, WITH ANNUAL COST OF LIVING ADJUSTMENTS. 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 1021 E. 7TH ST., AUSTIN, TX 78702. FORM 990, PART XI, QUESTION 2C THE ORGANIZATION HAS A COMMITTEE HEADED BY THE TREASURER WHICH OVERSEES THE SELECTION OF INDEPENDENT AUDITORS AND REVIEWS THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 5 RECONCILIATION OF NET ASSETS UNREALIZED GAIN - $15,827 | Explanation |
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