Ferguson Business Associates
- Assets
- $193.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/2010
- Data as of
- 12/2022
- EIN
- 27-1183707
Organization Overview
Ferguson Business Associates is located in Houston, TX. The organization was established in 2010. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferguson Business Associates is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ferguson Business Associates generated $152.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $149.9k during the year ending 12/2022. While expenses have increased by 5.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE AGENCY PROVIDED ROUND THE CLOCK CARE TO OUR TARGET POPULATION REQUIRING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING INCLUDING MEALS, MEDICATIONS MANAGEMENT, AND OTHER SOCIAL SERVICES. A TOTAL OF 13 INDIVIDUALS WERE SERVED DIRECTLY AND AN AVERAGE OF 2-3 INDIRECT PERSONS PER RESIDENT FOR AN APPROXIMATE TOTAL OF 26-39 PERSONS (SUCH AS FAMILY CAREGIVERS, CASE MANAGERS, AS WELL AS STATE AND COUNTY AGENCIES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyron Chambers Board Member | 1 | $0 | |
Kristina Chambers Board Member | 1 | $0 | |
Roy H Seivwright Board Member | 2 | $0 | |
Veronica F Seivwright Board Member | 60 | $2,828 | |
James Ferguson Board Member | 1 | $0 | |
Lorraine P Ferguson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,448 |
| Total Program Service Revenue | $137,959 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,505 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,418 |
| Professional fees and other payments to independent contractors | $2,225 |
| Occupancy, rent, utilities, and maintenance | $75,262 |
| Printing, publications, postage, and shipping | $464 |
| Other expenses | $20,193 |
| Total expenses | $149,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,159 |
| Other assets | $0 |
| Total assets | $193,738 |
| Total liabilities | $170,868 |
| Net assets or fund balances | $22,870 |