The Louis L Borick Foundation
Only null% goes to programs Strong reserves Growing revenue
The Louis L Borick Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 2015, with $3,822,097 in FY2024 revenue. CharityIndex grades it B.
2707 Kipling St, Houston, TX, 77098 EIN 47-2387053 Since 2015
Revenue (FY2024)
$3.8M
▲ 13.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.7M
Net assets
$85.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Louis L Borick Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating278 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Louis L Borick Foundation: 278 mo reserves · +4% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Louis L Borick Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Louis L Borick Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2707 Kipling St, Houston, TX, 77098
- City
- Houston
- State
- Texas
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $3.9M (FY2015) to $3.8M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $85.2M
Operating margin
3.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$85.2M
Total liabilities
$0
Net assets
$85.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,822,097▲13.8% | $3,674,042▲0.2% | $85,213,372▲0.2% | $85,213,372▲0.2% | 990PF |
| 2023 | $3,357,562▼29.9% | $3,667,194▼2.9% | $85,065,317▼0.4% | $85,065,317▼0.4% | 990PF |
| 2022 | $4,790,125▲64.4% | $3,775,909▲6.4% | $85,374,949▲1.2% | $85,374,949▲1.2% | 990PF |
| 2021 | $2,913,471▲1304% | $3,548,892▲34.8% | $84,360,733▼0.8% | $84,360,733▼0.8% | 990PF |
| 2020 | -$242,060▲88.7% | $2,632,905▼20.4% | $85,054,177▲3.4% | $85,054,177▲3.4% | 990PF |
| 2019 | -$2,145,666▼172% | $3,305,602▼32.8% | $82,264,757▼6.2% | $82,264,757▼6.2% | 990PF |
| 2018 | $2,971,046▼55.6% | $4,918,327▼19.9% | $87,716,025▼2.2% | $87,716,025▼2.2% | 990PF |
| 2017 | $6,685,517▼13.4% | $6,142,632▲2.7% | $89,663,306▲0.6% | $89,689,242▲0.6% | 990PF |
| 2016 | $7,720,984▲96.0% | $5,980,557▲28.0% | $89,120,421▲2.0% | $89,120,421▲2.0% | 990PF |
| 2015 | $3,939,377 | $4,671,869 | $87,379,994 | $87,384,994 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is The Louis L Borick Foundation a legitimate nonprofit?
- Yes. The Louis L Borick Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-2387053, based in Houston, Texas. Donations are tax-deductible.
- What is The Louis L Borick Foundation's EIN?
- The Louis L Borick Foundation's Employer Identification Number (EIN) is 47-2387053.
- How much revenue does The Louis L Borick Foundation report?
- The Louis L Borick Foundation reported $3,822,097 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Louis L Borick Foundation have?
- CharityIndex grades The Louis L Borick Foundation B, based on financial health (reserves and operating margin).
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Data for The Louis L Borick Foundation (EIN 47-2387053) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.