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Nonprofit · EIN 76-0651865

BILL AND SARA MORGAN REAL ESTATE FOUNDATION

Tax-exempt · HOUSTON, TX 77027

Financials

$235K$269K2023$236K$270K2024
Revenue Expenses · by fiscal year end
Financials of BILL AND SARA MORGAN REAL ESTATE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$235,673$270,312-$34,639$1,932,694$0$1,932,694
December 31, 2023990$234,968$269,330-$34,362$1,969,930$2,450$1,967,480
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$227,000
Investment income
$8,673
Net gain from sales of assets
$100
Other revenue
$0

Expenses

Grants and similar amounts paid
$228,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,700
Depreciation
$27,018
Program services (functional)
$266,572
Management and general (functional)
$3,740

Balance sheet and other

Total assets, start of year
$1,969,930
Total assets, end of year
$1,932,694
Total liabilities, end of year
$0
Net assets, end of year
$1,932,694
Land, buildings and equipment
$1,788,212
Net assets without donor restrictions
$1,932,694
Gross receipts
$240,530
Employees
0
Volunteers
3
Year formed
2000
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHEN D MAISLINSECRETARY
Trustee or director, Officer
0.5$0$737,482$53,774
SARA MORGANPRESIDENT
Trustee or director, Officer
0.5$0$0$0
MARY NELL LOVETTDIRECTOR
Trustee or director
0.5$0$0$0
ANNE L KINDERDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHEN D MAISLINSECRETARY
Trustee or director, Officer
0.5$0$710,376$51,450
SARA MORGANPRESIDENT
Trustee or director, Officer
0.5$0$0$0
MARY NELL LOVETTDIRECTOR
Trustee or director
0.5$0$0$0
ANNE L KINDERDIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
515 POST OAK BLVD 1000, HOUSTON, TX 77027-9482
In care of
% EMELDA J DOUGLAS
Principal officer (990 for 2024)
STEPHEN D MAISLIN, 515 POST OAK BLVD 1000, HOUSTON, TX 77027
Signed the 990
STEPHEN D MAISLIN, SECRETARY/DIRECTOR
Phone
(713) 333-2200
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

PROVIDE SUPPORT FOR 501(C)(3) ORGANIZATIONS

990 for the year ended December 31, 2024

Program accomplishments

  • PARTICIPATION IN THE DEVELOPMENT OF A BUILDING DEDICATED TO THE ADVANCEMENT OF EDUCATION REGARDING THE PROCESS, PRODUCT AND HISTORY OF CONTEMPORARY CRAFT. THE ORGANIZATION HAS A LEASE AGREEMENT WITH THE HOUSTON CENTER FOR CONTEMPORARY CRAFT AND ALSO PROVIDES SUPPORT TO THE CENTER IN THE FORM OF GRANTS.
    Expenses $266,572 · grants $228,000 · revenue $227,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
76-0651865
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,932,694
Income (IRS master file)
$240,530

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$235,673$270,312$1,932,694XML
990December 2023$234,968$269,330$1,969,930XML
990-TDecember 2023–––IRS
990December 2022$233,553$269,414$2,000,068IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 76-0651865).

Questions about BILL AND SARA MORGAN REAL ESTATE FOUNDATION

What is the EIN of BILL AND SARA MORGAN REAL ESTATE FOUNDATION?
The employer identification number (EIN) of BILL AND SARA MORGAN REAL ESTATE FOUNDATION is 76-0651865.
Is BILL AND SARA MORGAN REAL ESTATE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to BILL AND SARA MORGAN REAL ESTATE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BILL AND SARA MORGAN REAL ESTATE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BILL AND SARA MORGAN REAL ESTATE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BILL AND SARA MORGAN REAL ESTATE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BILL AND SARA MORGAN REAL ESTATE FOUNDATION?
The 990 for the year ended December 31, 2024 names STEPHEN D MAISLIN.
Who are the officers and directors of BILL AND SARA MORGAN REAL ESTATE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does BILL AND SARA MORGAN REAL ESTATE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $235,673, expenses of $270,312 and total assets of $1,932,694 at year end.

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