The Brookwood Endowment Inc
- Assets
- $95.8m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Brookshire, TX
- Founding
- 03/2017
- Data as of
- 07/2021
- EIN
- 81-4680678
Organization Overview
The Brookwood Endowment Inc is located in Brookshire, TX. The organization was established in 2017. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brookwood Endowment Inc 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 07/2021, Brookwood Endowment Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $1.7m during the year ending 07/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE BROOKWOOD COMMUNITY, INC. AND THE BRIARWOOD SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BROOKWOOD ENDOWMENT, INC. IS ORGANIZED TO SUPPORT THE CHARITABLE, EDUCATIONAL, SCIENTIFIC AND/OR RELIGIOUS PURPOSES AND ACTIVITIES OF, THE BROOKWOOD COMMUNITY, INC. AND THE BRIARWOOD SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Wilson Chair | OfficerTrustee | 1 | $0 |
Vita Goodell Director | Trustee | 0.5 | $0 |
Peggy Mcgaughy Director | Trustee | 0.5 | $0 |
John Scales Director | Trustee | 0.5 | $0 |
Yvonne Streit Director | Trustee | 0.5 | $0 |
Brad Tucker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,844,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,981,080 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,825,297 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,651,740 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,065 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,707,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $95,754,362 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,754,362 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $49,635,485 |
| Net assets with donor restrictions | $46,118,877 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $95,754,362 |
Grants Awarded
Over the last fiscal year, The Brookwood Endowment Inc has awarded $1,651,740 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Brookshire, TX PURPOSE: Program support | $1,559,790 |
Houston, TX PURPOSE: Program support | $91,950 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Brookwood Endowment Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Patsy And Michael Hochman Charitable Foundation Dallas, TX PURPOSE: PROGRAM SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $56,509,091 |
| Earnings | $8,124,058 |
| Net Contributions | $648,908 |
| Grants | $1,707,805 |
| Ending Balance | $63,574,252 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louisiana Achievement Charter Academies Inc Baton Rouge, LA | $3,478,598 | $15,099,695 |
New Schools For New Orleans Inc New Orleans, LA | $13,416,454 | $13,527,972 |
Texas Childrens Womens Specialists Houston, TX | $84,810,627 | $8,522,353 |
Child Care Plus Training & Development Center Inc Montgomery, TX | $1,071,793 | $6,895,362 |
Naca-Inspired Schools Network Albuquerque, NM | $4,333,179 | $4,644,398 |
Unizin Ltd Austin, TX | $2,802,799 | $4,764,216 |
Sss Education Foundation Mesquite, TX | $79,366,180 | $3,445,001 |
Carruth Center Inc Houston, TX | $315,119 | $4,215,286 |
E-Stem Public Charter Schools Inc Little Rock, AR | $15,935,823 | $3,314,304 |
Texas Association For The Education Of Young Children Austin, TX | $635,523 | $2,896,226 |
Pencil Box Inc Tulsa, OK | $4,507,396 | $4,826,837 |
Rio-South Texas Education And Community Development Fdn Inc Mission, TX | $43,626,836 | $12,367,166 |