Bulverdespring Branch Economic Developm

Nonprofit profile at a glance

EIN
453783609
IRS 990-EZ coverage
2014–2025
Forms available
Form 990-EZ 2025
Location
Spring Branch, TX, USA
Phone
8308854331
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$62,090
Expenses
$66,860
Assets
$105,021
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MICHAEL EDWARDS (EXECUTIVE DIRECTOR)
  • PAULA STAKES ((FORMER) EXECUTIVE DIRECTOR)
  • SCOTT HITT ((FORMER) EXECUTIVE DIRECTOR)

People named in this filing

  • MICHAEL EDWARDS (EXECUTIVE DIRECTOR)
  • PAULA STAKES ((FORMER) EXECUTIVE DIRECTOR)
  • SCOTT HITT ((FORMER) EXECUTIVE DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To establish a close working relationship with the city of bulverde, Texas, comal county, Texas, and other governmental and community entities in the area to encourage, facilitate, and manage economic development in the bulverde/spring branch area in central Texas.

What it reported doing in 2025

Throughout 2025, the foundation continued to advocate and support infrastructure improvements that affect the area's long-term quality of life and its capacity for managed growth. This included supporting local government jurisdictions in effective growth management, supporting efforts to improve water and wastewater infrastructure and overall water security, and supporting highway and roadway improvements. The foundation also continued to take action to improve conditions for existing local businesses, including a business retention and expansion effort, support for continued housing development, and programs to encourage local entrepreneurship and small business formation.

Operating model

Revenue model
Donor-supported. 80% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -7.7%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 1.57; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 61.9%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -9.6% per year; rating input score 0; 29th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.