Civic Intelligence

True Texas Project Inc

EIN 27-2998683 • 501(c)4 • Grapevine, TX

Profile

The organization is organized and shall be operated exclusively for the promotion of social welfare within the meaning of section 501(c)(4) of the internal revenue code of 1986, as amended (the"code") and the regulations as promulgated under the code as they now exist or as they may hererafter be amended ("regulations"). All referenced to any section of the code shall imply a reference to the regulations promulgated thereunder. Within the scope of the foregoing purposes, the organization is organized and shall be operated to advocate (in federal, state and local governments) for limited government, fiscal responsibility, personal responsibility, the rule of law, and state and national sovereignty in order to further the common good and to promote the general welfare in the state of texas and the united states of ameroica.

1972 Casa Loma CtGrapevine, TX 76051

www.truetexasproject.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

94th percentile

71%

Faster asset growth than 94% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

57th percentile

3.9%

Faster revenue growth than 57% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2025

Assets

Up

$195,759

Up $32,970 (+20%) from 2024

Liabilities

Down

$6,413

Down $10,739 (-63%) from 2024

Net Assets

Up

$189,346

Up $43,709 (+30%) from 2024

Revenue

Down

$381,156

Down $125,152 (-25%) from 2024

Expenses

Down

$336,128

Down $88,327 (-21%) from 2024

Net Income

Down

$45,028

Down $36,825 (-45%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2016: $26,475Net Assets 2016: $26,4752016Assets 2017: $21,718Net Assets 2017: $21,7182017Assets 2018: $11,247Net Assets 2018: $11,2472018Assets 2019: $7,581Net Assets 2019: $7,5812019Assets 2021: $106,232Liabilities 2021: $0Net Assets 2021: $106,2322021Assets 2022: $129,278Liabilities 2022: $2,708Net Assets 2022: $126,5702022Assets 2023: $67,034Liabilities 2023: $3,250Net Assets 2023: $63,7842023Assets 2024: $162,789Liabilities 2024: $17,152Net Assets 2024: $145,6372024Assets 2025: $195,759Liabilities 2025: $6,413Net Assets 2025: $189,3462025

Highlighted filing

2025

Assets$195,759
Liabilities$6,413
Net Assets$189,346

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $43,877Expenses 2016: $24,544Net Income 2016: $19,3332016Revenue 2017: $17,445Expenses 2017: $22,202Net Income 2017: -$4,7572017Revenue 2018: $13,662Expenses 2018: $24,133Net Income 2018: -$10,4712018Revenue 2019: $21,546Expenses 2019: $25,212Net Income 2019: -$3,6662019Revenue 2021: $189,792Expenses 2021: $95,402Net Income 2021: $94,3902021Revenue 2022: $418,865Expenses 2022: $398,527Net Income 2022: $20,3382022Revenue 2023: $352,827Expenses 2023: $415,613Net Income 2023: -$62,7862023Revenue 2024: $506,308Expenses 2024: $424,455Net Income 2024: $81,8532024Revenue 2025: $381,156Expenses 2025: $336,128Net Income 2025: $45,0282025

Highlighted filing

2025

Revenue$381,156
Expenses$336,128
Net Income$45,028

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 23, 2025
Return Version
2024v5.2
Gross Receipts
$381,156
Mission and Program Overview

Mission

To promote social welfare within the meaning of section 501(c)(4) of the code. Within the scope of the foregoing purposes, north east tarrant tea party, inc. Is organized and shall be operated to advocate (in federal, state and local governments) for limited government, fiscal responsibility, personal responsibility, the rule of law, and state and national sovereignty in order to further the common good and to promote the general welfare in the state of texas and the united states of america. The assets and properties of the corporation are pledged for use in performing its exempt functions.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$160,843$194,760▲ $33,917
Prepaid Expenses and Deferred Charges$1,300$999▼ $301
Other Notes and Loans Receivable, Net$646$0▼ $646
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$162,789$195,759▲ $32,970
Other Assets Total-$0-
Liabilities
Other Liabilities$17,152$6,413▼ $10,739
Total Liabilities$17,152$6,413▼ $10,739
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$145,637$189,346▲ $43,709
Total Net Assets Fund Balance$145,637$189,346▲ $43,709
Total Liabilities and Net Assets / Fund Balance$162,789$195,759▲ $32,970
Compensation and Service Providers

Board Members and Trustees

NameTitle
Fran RhodesPresident
Charlie LevittVice President
Ryan McCubbinDirector
Julie McCartyCEO
Robin McCubbinSecretary
Fred McCartyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$254,297
Investment Income
$0
Other Revenue
$126,859
Change in Net Assets
$45,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$335,253
Total Fundraising Expense$132,728
Grants and Similar Amounts Paid$875
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$142,480--$142,480
Conferences and Meetings--$132,728$132,728
Information Technology$17,327--$17,327
Occupancy$15,738--$15,738
Advertising$9,798--$9,798
Office Expenses$6,813--$6,813
Travel$6,569--$6,569
Fees for Services Other$2,150--$2,150
Fees for Services Accounting$1,650--$1,650
Grants to Domestic Individuals$875--$875
Total Functional Expenses$203,400$0$132,728$336,128
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to TTE$5,769
Credit Card Payable$644
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has outsourced tax preparation services to an outside entity.

Form 990, Part VI, Section B, Line 11B

The organization's tax return is provided in draft format prior to filing for approval by it's governing body. Once approval is provided the tax return is filed.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Form 990, Part VI - Material Differences in Voting Rights Explanation

There are no material differences in voting rights between members of the board of directors.

Form 990, Part VI, Line 10B - Policies & Procedures Governing Chapters

The Organization has authorized satellite meeting locations. The Organization provides speakers and/or video access to meetings held by the organization. Local coordinators are empowered to provide the satellite meeting location, collect contributions and deposit contributions in the Organizations bank accounts. The Organization provides a letter of agreement to the local coordinator to ensure that their operations are consistent with the Organizations tax exempt purpose. The letter agreement specifies the policies, procedures, terms and conditions under which the local coordinator may conduct satellite meetings and use the Organizations name and materials. The Organizations can terminate the agreement if it deems the local coordinator is not in compliance with the letter of the agreement. All contributions and expenses of the satellite meeting locations are under the control of the Organization.

Form 990, Part VI, Line 11B- Organization'S Process to Review Form 990

A complete copy of this Form 990 was provided to each member of the board of directors prior to filing. There is no formal review process dictated by the board of directors. Directors were provided a 5 day period of comment or recommended changes or corrections before the filing of this Form 990.

Form 990, Part VI, Line 1A -Authority Delegated to Committee Explanati

There are no Executive committees.

Form 990, Part VI, Line 2- Related Party Information Among Officers

Fred McCarty (Director), and Julie McCarty (CEO/ Director) are family. Robin McCubbin (Secretary) and Ryan McCubbin (Director)are family.

Form 990, Part VI, Line 7A - Election of Members and Their Rights

If there is an opening on the board of directors, nominations are made by the remaining members and voted on by the remaining members of the board of directors.

Form 990, Part VI, Line19 - Governing Documents Disclosure Explanation

The Organization will allow inspection of documents required by law to be available for public review, in their office by appointment, if a written request has been made. The time and date of an appointment is subject to the availability of the President and/or Treasurer of the Organization.

Filing and Contact Details

Filer

Filer Name
True Texas Project Inc
EIN
27-2998683
Phone
9726707692
Address
1972 Casa Loma Ct, Grapevine, TX 76051

Signing Officer

Name
Fred McCarty
Title
Treasurer
Signed
2025-12-23
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
0
Employees
8

Preparer

Firm
Mathisen Tax and Consulting
Address
312 W Northwest Hwy, Grapevine, TX 76051
Preparer
Susan Mathisen
Phone
8178653303
Supplemental Narrative

Additional Explanations

Form 990- Organization'S Mission

The Organization is organized and shall be operated exclusively for the promotion of social welfare within the meaning of Section 501(c)(4) of the Internal Revenue Code of 1986, as amended (the "Code") and the Regulations as promulgated under the Code as they now exist or as they may hereafter be amended ("Regulations"). All references to any section of the Code shall imply a reference to the Regulations promulgated thereunder. Within the scope of the foregoing purposes, the Organization is organized and shall be operated to advocate (in federal, state and local governments) for limited government, fiscal responsibility, personal responsibility, the rule of law and state and national sovereignty in order to further the common good and to promote the general welfare in the State of Texas and the United States of America.

Form 990, Par I, Line 6

The Organization uses volunteers to greet attendees, to serve meals prior to the meeting, to collect docations, to give talks, to introduce speakers to conduct meetings, and as local coordinators for satellite location meetings. All officers and directors,with the exception of the President and the CEO, are volunteers and receive no compensation. During the physical year ended June 30, 2023 the officers and directors with exception of the President and the CEO and another director adopted via a vote to have the positions of CEO and President be salaried at $100,000 each year, based on comparable salaries of like positions. However it was further determined and voted on that for the current physical year end be limited to $50,000 each.

Form 990, Part V, Line 3B - Form 990-T Note Filed Explanation

No unrelated taxable income.

Raw XML Appendix356 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15769
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Card Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to TTE
IRS990ScheduleD/TotalLiabilityAmt06413
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has outsourced tax preparation services to an outside entity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's tax return is provided in draft format prior to filing for approval by it's governing body. Once approval is provided the tax return is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization is organized and shall be operated exclusively for the promotion of social welfare within the meaning of Section 501(c)(4) of the Internal Revenue Code of 1986, as amended (the "Code") and the Regulations as promulgated under the Code as they now exist or as they may hereafter be amended ("Regulations"). All references to any section of the Code shall imply a reference to the Regulations promulgated thereunder. Within the scope of the foregoing purposes, the Organization is organized and shall be operated to advocate (in federal, state and local governments) for limited government, fiscal responsibility, personal responsibility, the rule of law and state and national sovereignty in order to further the common good and to promote the general welfare in the State of Texas and the United States of America.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization uses volunteers to greet attendees, to serve meals prior to the meeting, to collect docations, to give talks, to introduce speakers to conduct meetings, and as local coordinators for satellite location meetings. All officers and directors,with the exception of the President and the CEO, are volunteers and receive no compensation. During the physical year ended June 30, 2023 the officers and directors with exception of the President and the CEO and another director adopted via a vote to have the positions of CEO and President be salaried at $100,000 each year, based on comparable salaries of like positions. However it was further determined and voted on that for the current physical year end be limited to $50,000 each.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No unrelated taxable income.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6There are no material differences in voting rights between members of the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Organization has authorized satellite meeting locations. The Organization provides speakers and/or video access to meetings held by the organization. Local coordinators are empowered to provide the satellite meeting location, collect contributions and deposit contributions in the Organizations bank accounts. The Organization provides a letter of agreement to the local coordinator to ensure that their operations are consistent with the Organizations tax exempt purpose. The letter agreement specifies the policies, procedures, terms and conditions under which the local coordinator may conduct satellite meetings and use the Organizations name and materials. The Organizations can terminate the agreement if it deems the local coordinator is not in compliance with the letter of the agreement. All contributions and expenses of the satellite meeting locations are under the control of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8A complete copy of this Form 990 was provided to each member of the board of directors prior to filing. There is no formal review process dictated by the board of directors. Directors were provided a 5 day period of comment or recommended changes or corrections before the filing of this Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9There are no Executive committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Fred McCarty (Director), and Julie McCarty (CEO/ Director) are family. Robin McCubbin (Secretary) and Ryan McCubbin (Director)are family.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11If there is an opening on the board of directors, nominations are made by the remaining members and voted on by the remaining members of the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12The Organization will allow inspection of documents required by law to be available for public review, in their office by appointment, if a written request has been made. The time and date of an appointment is subject to the availability of the President and/or Treasurer of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990- Organization's Mission
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Par I, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part V, Line 3b - Form 990-T Note Filed Explanation
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI - Material Differences in Voting Rights Explanation
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 10b - Policies & Procedures Governing Chapters
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 11b- Organization's Process to Review Form 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part VI, Line 1a -Authority Delegated to Committee Explanati
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part VI, Line 2- Related Party Information Among Officers
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part VI, Line 7a - Election of Members and Their Rights
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part VI, Line19 - Governing Documents Disclosure Explanation
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt01972 Casa Loma Ct
IRS990/USAddress/CityNm0Grapevine
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076051
IRS990/VotingMembersGoverningBodyCnt06
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IRS990/WebsiteAddressTxt0www.truetexasproject.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Fred McCarty
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0True Texas Project Inc
ReturnHeader/Filer/BusinessNameControlTxt0TRUE
ReturnHeader/Filer/EIN0272998683
ReturnHeader/Filer/PhoneNum09726707692
ReturnHeader/Filer/USAddress/AddressLine1Txt01972 Casa Loma Ct
ReturnHeader/Filer/USAddress/CityNm0Grapevine
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076051
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471213845
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mathisen Tax and Consulting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0312 W Northwest Hwy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Grapevine
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076051
ReturnHeader/PreparerPersonGrp/PhoneNum08178653303
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Susan Mathisen
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-12-23T14:19:33-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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