Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
990EZ • Fiscal year 2018 • EIN 20-5645189
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
60th percentile
Higher net margin than 60% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
Assets
Up$21,253
Up $7,888 (+59%) from 2017
Net Assets
$21,253
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue
Up$99,598
Up $45,503 (+84%) from 2017
Expenses
Up$91,710
Up $34,978 (+62%) from 2017
Net Income
Up$7,888
Up $10,525 (+399%) from 2017
The Foundation for a Globally Competitive Texas was created by Texas business leaders in 2006 to facilitate the growth of a prosperous Texas in a globally competitive business environment. The purpose of the Foundation is to advise our state and national policy makers on issues critical to Texas economic growth with timely and fact based information.
| Description | Grants | Expenses |
|---|---|---|
| Provide robust and interactive access to Texas economic data that can be used by decision makers and influencers to help inform decisions that will ensure continued growth of Texas economy and leadership in the global economy. | $47,056 | - |
| Provide research on public policy issues that affect Texas global competitiveness, including cyber security, economic development, federal issues, higher and public education, and infrastructure. | $27,203 | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Woody Hunt | President | - | $0 | - | - |
| Colleen McHugh | Treasurer | - | $0 | - | - |
| John Dickson | Director | - | $0 | - | - |
| Kent Eastman | Director | - | $0 | - | - |
| Gay Gaddis | Director | - | $0 | - | - |
| Nick Serafy | Director | - | $0 | - | - |
| Tym Tombar | Director | - | $0 | - | - |
| Justin Yancy | Executive Director | - | $0 | - | - |
“Office Expenses $195”
“Travel $6108”
“Conferences, Conventions, and Meetings $36176”
“Insurance $1446”
“Research $31975”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Justin Yancy |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5124810525 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 515 Congress Avenue Suite 2240 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Austin |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78701 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 13365 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 21253 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 99598 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 7888 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1000 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 13365 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 21253 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 99598 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 13365 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 21253 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 13365 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 21253 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 14810 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Woody Hunt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Colleen McHugh |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | John Dickson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Kent Eastman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Gay Gaddis |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Nick Serafy |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Tym Tombar |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | Justin Yancy |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Executive Dir. |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 75900 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Foundation for a Globally Competitive Texas was created by Texas business leaders in 2006 to facilitate the growth of a prosperous Texas in a globally competitive business environment. The purpose of the Foundation is to advise our state and national policy makers on issues critical to Texas economic growth with timely and fact based information. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Provide research on public policy issues that affect Texas global competitiveness, including cyber security, economic development, federal issues, higher and public education, and infrastructure. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Provide robust and interactive access to Texas economic data that can be used by decision makers and influencers to help inform decisions that will ensure continued growth of Texas economy and leadership in the global economy. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 27203 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 47056 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 91710 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 74259 |
| IRS990EZ/TotalRevenueAmt | 0 | 99598 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | Prior Year Facts and Circumstances: The Foundation for Globally Competitive Texas ("FGC") submits that throughout its existence to date and in the future, it qualifies as a public charity under Internal Revenue Code 509(a)(1) by satisfying the requirements of Regulations 1.170A-9(f)(3) as follows:(i). Ten Percent Test: FGC has historically and normally can be expected in the future to receive over 10% of its total support from the general public. The organization was formed in 2006 and has been significantly supported by a single private foundation donor during its start up period. For tax years 2012, 2013, and 2014, FGC's public support percentage was above 33 1/3%. Due to a strategic planning project in 2015, it did not conduct any fundraising activities and the percentage dropped. Due to its plans to expand its public policy scope, it expects the public support percentage to exceed 33 1/3% in the near future.(ii). Attraction of Public Support: Because FGC is dedicated to provide research on public policy issues that affect Texas global competitiveness, it has to date attracted gifts from foundations, businesses and individuals in varying amounts. FGC maintains a continuous and bona fide program for solicitation of funds from the general public. In 2019, the FGC will continue its outreach to the general public in support of our work through a variety of additional means including correspondence, email, and events with the goal of expanding support for our work to provide research on public policy issues that affect Texas global competitiveness. (iii). Percentage of Financial Support: FGC received about 30% of its total support from public sources for the five year period ending 12/31/18 and reasonably expects for that ratio to rise to above 33 1/3% in the next two years. (iv). Sources of Support: FGC receives its support from a representative number of foundations and individuals, rather than receiving almost all of its support from the members of a single family or small group of individuals. FGC has to date received gifts from over 40 contributors.(v). Availability of Facilities or Services and Public Participation: FGCs programs impact Texas economic growth with timely and fact based information. CONCLUSION: FGC believes it qualifies as a publicly supported charity described in IRC 509(a)(1) pursuant to the facts and circumstances test found in Treasury Regulations 1.170A-9(f)(3). FGC has and will receive well in excess of ten percent (10%) of its total support from qualifying public sources, has an active fundraising program, and possesses a majority of the characteristics that describe organizations that meet this test. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 99598 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54095 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 28640 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 25000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 30100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 237433 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.29730 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.28740 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 70582 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 166851 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 99598 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54095 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 28640 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 25000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 30100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 237433 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 237433 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $195 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Travel $6108 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Conferences, Conventions, and Meetings $36176 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $1446 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Research $31975 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Justin Yancy |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-03-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Foundation for a Globally Competitive |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | Texas |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FOUN |
| ReturnHeader/Filer/EIN | 0 | 205645189 |
| ReturnHeader/Filer/PhoneNum | 0 | 5124810525 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 515 Congress Avenue |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Austin |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78701 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 760269860 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Blazek & Vetterling |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2900 Weslayan Suite 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Houston |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 770275132 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7134395739 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Jody Blazek |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-03-29T08:54:06-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
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Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.