COMMUNITY LOAN CENTER OF THE HEART OF TEXAS Charity Report

Public IRS 990 nonprofit record

COMMUNITY LOAN CENTER OF THE HEART OF TEXAS

EIN 47-5549155 · Business & Industry (S40)

What they do

to OFFER INNOVATIVE LOANS THAT PROMOTE ENHANCED QUALITY of LIFE of LOW-TO-MODERATE INCOME PERSONS BY PROVIDING AN ALTERNATE SOURCE of LOANS AWAY FROM LOCAL PAYDAY and AUTO TITLE LENDERS WITH HIGH INTEREST RATES and FEES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.97%of revenue went to mission work91.6% of expenses · Program services

$94.99spent for every $100 of revenueRevenue covered expenses this year.

8.02%of revenue went to management and office costs8.4% of expenses

$5.60in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$131,805

Mission workProgram services$114,63686.97% of revenue91.6% of expenses

ManagementOffice and general costs$10,5678.02% of revenue8.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$6,6025.01% of revenueShown in gray on the chart

Total expenses$125,20394.99% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.6% mission · 8.4% management · 0.0% fundraisingTotal expenses: 94.99% of revenue

2023Expense mix: 93.1% mission · 6.9% management · 0.0% fundraisingTotal expenses: 119.10% of revenue

2022Expense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 114.82% of revenue

2021Expense mix: 91.1% mission · 8.9% management · 0.0% fundraisingTotal expenses: 48.87% of revenue

2020Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 109.99% of revenue

2019Expense mix: 88.7% mission · 11.3% management · 0.0% fundraisingTotal expenses: 116.56% of revenue

2018Expense mix: 97.5% mission · 2.5% management · 0.0% fundraisingTotal expenses: 105.18% of revenue

2017Expense mix: 97.3% mission · 2.7% management · 0.0% fundraisingTotal expenses: 114.74% of revenue

Money in and money out

Revenue$131,805

Expenses$125,203

Annual surplus $6,602 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$114,636 · 91.6% of expenses

Management and office costs$10,567 · 8.4% of expenses

See all reported dollar amounts

Revenue$131,805

Expenses$125,203

Assets$700,661

Income$131,805

Mission work (program services)$114,636

Management and general$10,567

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (16)

ANN-CLAIRE ANDERSONDIRECTOR

BETTY BLACKDIRECTOR

CHRIS GUTIERREZVICE CHAIR-NOV 1

CONNIE LOZANODIRECTOR

DELFINA VELASQUEZDIRECTOR

DELISA BURNELL-SMITHCHAIR- NOV 1

ELTON HALLDIRECTOR

JEAN ANN HOOVERDIRECTOR

JIM LAMBERTDIRECTOR

JIM SMITHDIRECTOR

JOHN BOGGSDIIRECTOR

KAREN SAUCEDOTREASURER-NOV 1

OSCAR CHOMBODIRECTOR

PAT NOWATNYSECRETARY-NOV 1

PHILLIP PRINCEDIRECTOR

SCOTT WILLIAMSDIRECTOR

About this charity

Recognized since: January 2016
Location: 922 FRANKLIN AVE, WACO, TX 76701-1906
County: McLennan
In care of: % DANIEL NISLEY
Primary officer: DELISA BURNELL-SMITH, CHAIRMAN

How to reach them

WebsiteVisit the charity’s website Phone(254) 752-1647

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JRBT PC
NTEE classification: Business & Industry (S40)
IRS tax category: Business & Industry