2024-10-29T14:47:31-05:00 2023-09-30 HURRICANE BERYL 7508A Pannell Kerr Forster of Texas PC 5847 San Felipe Suite 2600 Houston TX 770573092 990 2022-10-01 760162538 BOYS AND GIRLS COUNTRY OF HOUSTON ENDOWMENT FUND INC % SCOTT NOTARAINNI BOYS 2813514976 18806 ROBERTS ROAD HOCKLEY TX 77447 SCOTT NOTARAINNI CFO 2812909159 2024-06-25 true EMILY SMIKAL P01312781 7138601400 2022 2024-10-15 13:58:12Z VINCENT DURAN 18806 ROBERTS ROAD HOCKLEY TX 77447 5594808 false X WWW.BOYSANDGIRLSCOUNTRY.ORG X 1983 TX To support, encourage, and assist the activities of Boys and Girls Country of Houston, Inc. by providing long-term funding for its activities. 8 8 0 0 83380 66948 112703 28128 0 0 553829 1341603 24964 25782 691496 1395513 670000 1313009 0 0 0 0 0 0 9675 159944 296943 829944 1609952 -138448 -214439 23785187 25980809 299583 372483 23485604 25608326 To support, encourage, and assist the activities of Boys and Girls Country of Houston, Inc. by providing long-term funding for its activities. false false 1313009 1313009 To support, encourage, and assist the activities of Boys and Girls Country of Houston, Inc. by providing long-term funding for its activities. 1313009 true true false false false false false false false true false false false false true true true false false false false false false false false false false true true true false false false false false false false false false false false false false true false false false true 0 0 0 true true false false false false false false false false false false false false X 8 8 true false false false false false false true true false false false true false false false false true true true true X SCOTT NOTARAINNI 2812909159 18806 ROBERTS ROAD Hockley TX 77447 VINCENT DURAN Executive Director 1.0 40.0 X 0 155217 28295 SCOTT NOTARAINNI CHIEF FINANCIAL OFFICER 1.0 40.0 X 0 124315 13307 RANDY STILLEY Endowment Board Chair 1.0 0.0 X X 0 0 0 MIKE GATEWOOD Immediate Past Chair 1.0 2.0 X 0 0 0 RANDY HALE Director 1.0 2.0 X 0 0 0 TODD LINDEN Director 1.0 0.0 X 0 0 0 ROBERT MARLING Director 1.0 0.0 X 0 0 0 MATTHEW ROTAN Director 1.0 2.0 X 0 0 0 MARK SLAUGHTER Director 1.0 0.0 X 0 0 0 NATHAN STEDHAM Secretary 1.0 0.0 X X 0 0 0 0 279532 41602 0 false true false 0 28128 28128 0 445953 39797 406156 0 0 14475 14475 0 14475 14475 5077142 17801 4199295 877847 17801 895650 17801 877849 0 0 0 0 0 0 0 0 0 MARBLE CAPITAL FUND II LP 531110 11207 11207 MARBLE CAPITAL FUND III LP 531110 695 695 AVALON INVESTMENT PARTNERS, LLC 531110 -595 -595 11307 1395513 83380 1284005 1300000 1300000 13009 13009 0 0 0 0 0 0 0 0 0 0 44807 44807 0 0 203437 203437 0 0 0 0 0 0 0 0 0 0 0 0 0 UNRELATED BUSINESS INCOME TAX 39452 39452 FUNDRAISING EXPENSE 9675 9675 DUES AND SUBSCRIPTIONS 374 374 MISCELLANEOUS EXPENSE -802 -802 1609952 1313009 287268 9675 0 0 870490 366916 0 0 753183 -5759 0 0 0 0 0 0 0 0 0 0 0 0 22161514 25619652 0 0 0 0 0 0 0 0 23785187 25980809 0 54955 0 0 0 0 0 0 0 0 0 0 0 0 0 0 299583 317528 299583 372483 X 0 0 23485604 25608326 23485604 25608326 23785187 25980809 X -214439 2499167 -78626 -83380 X X false true X true false X X X 1 BOYS AND GIRLS COUNTRY OF HOUSTON INC 746026198 7 true 1300000 0 1 1300000 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23406978 28128 3579735 1313009 93506 25608326 27207091 87700 -3198555 670000 19258 23406978 22801281 65364 5446822 1015000 91376 27207091 20733718 67814 2439117 309227 130141 22801281 19556197 892704 1130079 750000 95262 20733718 0.00000 0.29830 0.70170 false false 0 PAYABLE TO BGCH 317528 317528 X 3642863 2499167 35000 2534167 1108696 203437 83380 286817 1395513 1441515 35000 35000 1406515 203437 203437 1609952 Part V, Line 4 Support, encourage and assist the activities of Boys and Girls Country of Houston, Inc. By providing long-term funding for its activities. Part X, Line 2 The Endowment Fund is tax exempt under Section 501(c)(3) of the Internal Revenue Code and, accordingly, no provision has been made for income taxes. The Endowment is subject to taxes on unrelated business income. The investment in the limited partnership funds generate unrelated business income taxes. During the years ended 2023 and 2022, tax expense amounting to $39,452 and $17,635, respectively, are included as management and general other expenses in the statements of functional expenses. Management believes that all significant tax positions utilized by the Endowment Fund will more likely than not be sustained upon examination. Tax penalties and interest, if any, would be accrued as incurred and would be classified as other expense in the statement of activities. Part XI, Line 4b INVESTMENT INCOME ON TAX RETURN NOT ON BOOKS $83,380: MARBLE CAPITAL FUND II LP: $45,999 MARBLE CAPITAL FUND III LP: $(2,352) AVALON INVESTMENT PARTNERS, LLC: $39,733 true BOYS AND GIRLS COUNTRY OF HOUSTON INC 18806 Roberts Road Hockley TX 77447 746026198 501c3 1300000 Children's Programs 1 Living exp,books,equip fees for college residents 2 13009 SCHEDULE I, PART II, LINE 1 GRANTS TO BOYS AND GIRLS COUNTRY OF HOUSTON INC TO ASSIST IN ACTIVITIES OF THE ORGANIZATION BY PROVIDING LONG-TERM FUNDING FOR ITS ACTIVITIES. SCHEDULE I, PART III: MOST PAYMENTS ARE MADE DIRECTLY TO VENDORS, COLLEGE AND CAREER STAFF STAYS IN CONTACT WITH STUDENT THROUGHOUT THE YEAR, STUDENT MUST PROVIDE PROOF OF ENROLLMENT AND COPY OF REPORT CARD. X X X X false true false false false false false false false VINCENT DURAN Executive Director 155217 14669 13626 183512 FORM 990, PART VI, SECTION A, LINE 2: MICHAEL GATEWOOD AND NATHAN STEDHAM HAVE A FAMILY RELATIONSHIP. FORM 990. PART VI. SECTION B. LINE 11B: FOR THE 9/30/2023 FISCAL TAX YEAR, BOYS AND GIRLS COUNTRY OF HOUSTON ENDOWMENT FUND, INC. HAS RETAINED PKF Texas, P.C. TO PREPARE THE FORM 990 TAX RETURN. THE FORM 990 IS REVIEWED BY CHIEF FINANCIAL OFFICER PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 15: THE ORGANIZATION DOES NOT COMPENSATE SUCH INDIVIDUALS. IF IT DID, IT WOULD FOLLOW THE PROCEDURES MENTIONED IN THIS QUESTION. FORM 990. PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: INVESTMENT INCOME ON TAX RETURN NOT ON BOOKS $83,380: MARBLE CAPITAL FUND II LP: $45,999 MARBLE CAPITAL FUND III LP: $(2,352) AVALON INVESTMENT PARTNERS, LLC: $39,733 BOYS AND GIRLS COUNTRY OF HOUSTON INC 18806 Roberts Roads Hockley TX 77447 746026198 Childcare TX 501(C)(3) 509(A)(1) false false true false false false false false false false false true false true true true false false false true BOYS AND GIRLS COUNTRY OF HOUSTON INC B 1300000 BOYS AND GIRLS COUNTRY OF HOUSTON INC M 35000 BOYS AND GIRLS COUNTRY OF HOUSTON INC S 70077 Part V IN SEPTEMBER 2011, BOYS AND GIRLS COUNTRY OF HOUSTON, INC. (BGCH) ENTERED INTO A SERVICE AGREEMENT WITH BOYS AND GIRLS COUNTRY OF HOUSTON ENDOWMENT FUND (ENDOWMENT) WHEREBY BGCH PROVIDES FUND RAISING AND OTHER SERVICES TO THE ENDOWMENT. THE ENDOWMENT REIMBURSES BGCH FOR PAYROLL AND OTHER COSTS ASSOCIATED WITH THESE FUND RAISING ACTIVITIES. FOR THE YEARS 9/30/2023 AND 9/30/2022, $70,077 AND $22,652, RESPECTIVELY, WERE CHARGED TO ENDOWMENT UNDER THIS ARRANGEMENT. IN ADDITION, THE ENDOWMENT FUND RECEIVED $35,000 AND $33,000 OF IN-KIND ACCOUNTING SERVICES FROM BGCH FOR YEARS 9/30/2023 AND 9/30/2022 RESPECTIVELY.