Houston Pi Beta Phi Foundation

Nonprofit profile at a glance

EIN
760438662
IRS 990-EZ coverage
2012–2024
Forms available
Form 990 2013, Form 990-EZ 2024
Location
Houston, TX, USA
Phone
7138822156
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Private Independent Foundations

Official website

Reported finances

Revenue
$26,565
Expenses
$60,967
Assets
$49,403
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Julie Daigrepont McCuen (President)
  • Heidi Burkholder Binet (Vice President)

People named in this filing

  • Julie Daigrepont McCuen (President)
  • Heidi Burkholder Binet (Vice President)
  • Melissa Garlington (Secretary)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Foundation receives and maintains funds for charitable, literary, scientific, or educational purposes. It operates to support various institutions and programs promoting literacy.

What it reported doing in 2024

The Houston Pi Beta Phi Foundation conducts fundraising events and grants funds to promote literacy to the following organizations: Pi Beta Phi Patient/Family Library at Texas Children's Hospital Medical Center and the Pi Beta Phi Patient/Library at Texas Children's Hospital West Campus; Champions are Readers Program; Bo's Place; Pi Beta Phi Library; Children's Memorial Hermann Pi Beta Phi Half Pint Library; Children's Museum of Houston; Nehemiah Center Pi Beta Phi Library; The Houston Pi Beta Phi Alumnae Club & Foundation Scholarship for the Houston Alumnae Panhellenic Association; University of Texas Charter School Library at DePelchin Children's Center; Yellowstone Academy; Small Steps Nurturing Center' MD Anderson Cancer Center; iWrite; Making it Better dba Literacy Now; Neuhaus Education Center

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.3%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -129.5%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -2.7% per year; rating input score 0; 41st percentile among comparable filings
  • Revenue growth: -7.5% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -1.8% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $56K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • 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 — Sustainability: Operating margin scored 6/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.