Civic Intelligence

Central Texas Angel Network

EIN 30-0358356 • 501(c)6 • Austin, TX

Profile

Central Texas Angel Network exempt purpose is to promote and stimulate the common business interests of its members and the Central Texas area. This is accomplished by working with early-stage companies to assist them in their efforts to start, fund, and grow new companies.

PO Box 5435Austin, TX 78763

centraltexasangelnetwork.com

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.61x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

87th percentile

0.28x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

44th percentile

-1.7%

Higher net margin than 44% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

98th percentile

$141,667

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 35.1% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

28th percentile

-19%

Faster asset growth than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

32%

Faster revenue growth than 84% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$315,291

Down $25,826 (-7.6%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$315,291

Down $23,914 (-7.1%) from 2021

Operations
Liabilities / Revenue87th percentileNet Margin44th percentile

Revenue

Down

$120,403

Down $26,927 (-18%) from 2021

Expenses

Up

$135,750

Up $49,046 (+57%) from 2021

Net Income

Down

-$15,347

Down $75,973 (-125%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$400K$300K$200K$100K$0Assets 2015: $85,426Liabilities 2015: $1,850Net Assets 2015: $83,5762015Assets 2016: $106,778Liabilities 2016: $7,200Net Assets 2016: $99,5782016Assets 2017: $154,261Liabilities 2017: $36,000Net Assets 2017: $118,2612017Assets 2021: $341,117Liabilities 2021: $1,912Net Assets 2021: $339,2052021Assets 2022: $315,291Net Assets 2022: $315,2912022

Highlighted filing

2022

Assets$315,291
Liabilities-
Net Assets$315,291
Open 2022 Filing

Operations Trend

Revenue Growth84th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $254,820Expenses 2015: $300,794Net Income 2015: -$45,9742015Revenue 2016: $345,628Expenses 2016: $329,626Net Income 2016: $16,0022016Revenue 2017: $344,152Expenses 2017: $325,469Net Income 2017: $18,6832017Revenue 2021: $147,330Expenses 2021: $86,704Net Income 2021: $60,6262021Revenue 2022: $120,403Expenses 2022: $135,750Net Income 2022: -$15,3472022

Highlighted filing

2022

Revenue$120,403
Expenses$135,750
Net Income-$15,347
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$315,291
Liabilities
-
Net assets
$315,291
Revenue
$120,403
Expenses
$135,750
Net income
-$15,347
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$3.15$3.15$1.20$1.36$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.02$3.39$1.47$0.87$0.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.36$1.18$3.44$3.25$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.07$1.00$3.46$3.30$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.02$0.84$2.55$3.01$0.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 4, 2023
Return Version
2022v5.0
Gross Receipts
$120,403
Mission and Program Overview

Mission

Central Texas Angel Network exempt purpose is to promote and stimulate the common business interests of its members and the Central Texas area. This is accomplished by working with early-stage companies to assist them in their efforts to start, fund, and grow new companies.

The exempt purpose of the central texas angel network is to promote and stimulate the common business interests of its members and the central texas region. This purpose is accomplished by assisting early-stage companies in their efforts to start, fund, and grow new businesses.

Program Services

DescriptionGrantsExpenses
HOSTED MORE THAN 25 EVENTS AND MEETINGS ALL FOCUSED ON HELPING ACCREDITED INVESTORS AND ENTREPRENEURS BUILD SUCCESSFUL EARLY-STAGE COMPANIES PARTICIPATED IN SEVERAL COMMUNITY EDUCATION PANELS, MENTORING SESSIONS, AND OTHER SPEAKING ENGAGEMENTS IN WHICH WE TAUGHT ENTREPRENEURS ABOUT SEEKING CAPITAL AND WORKING WITH ANGEL INVESTORS.--
LED 4 INVESTOR EDUCATION EVENTS, INTRODUCING NEW MEMBERS TO INVESTING PRINCIPLES AND TEACHING MEMBER TOPICS RELEVANT TO EARLY-STAGE INVESTING.--
INCREASED OUR OUTREACH TO SUPPORT OUR BUSINESS COMMUNITY WORK THROUGH NEW AND EXPANDED COMMUNITY PARTNERSHIPS WITH ENTREPRENEUR SUPPORT ORGANIZATIONS.--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURIE CERCONEBoard ChairPT$0--
TOM MIESNERTreasurerPT$0--
GARY FORNISecretaryPT$0--
JEFF BONYUNDirectorPT$0--
JOSEPH LUIDirectorPT$0--
ANDREA NICHOLASDirectorPT$0--
JAKE HAMPTONDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Central Texas Angel Network
EIN
30-0358356
Phone
5125186054
Address
PO BOX 5435, AUSTIN, TX 78763

Signing Officer

Name
Tom Miesner
Title
Treasurer
Phone
5125186054
Signed
2023-05-04

Preparer

Firm
Allman & Associates Inc
Address
9600 Great Hills Trail Suite 150W, Austin, TX 78759
Preparer
Peter L Allman CPA
Phone
5125023077
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Meetings and events 55040.”

Form 990EZ, Part I, Line 16

“TRAVEL 887.”

Form 990EZ, Part I, Line 16

“INSURANCE 2212.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSES 2680.”

Form 990EZ, Part I, Line 16

“DUES 9856.”

Form 990EZ, Part I, Line 16

“MARKETING 3572.”

Form 990EZ, Part I, Line 16

“FEES 3433.”

Form 990EZ, Part I, Line 20

“Prior period adjustment -8567.”

Form 990EZ, Part II, Line 26

“ACCOUNTS PAYABLE 1912.”

Raw XML Appendix155 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TOM MIESNER
IRS990EZ/BooksInCareOfDetail/PhoneNum05125186054
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 5435
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078763
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0341117
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0315291
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15347
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0341117
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0315291
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0120403
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0679
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt095294
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0339205
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0315291
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0339205
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0315291
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt65.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LAURIE CERCONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TOM MIESNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GARY FORNI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEFF BONYUN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOSEPH LUI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ANDREA NICHOLAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JAKE HAMPTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-8567
IRS990EZ/OtherExpensesTotalAmt077680
IRS990EZ/PrimaryExemptPurposeTxt0THE EXEMPT PURPOSE OF THE CENTRAL TEXAS ANGEL NETWORK IS TO PROMOTE AND STIMULATE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS AND THE CENTRAL TEXAS REGION. THIS PURPOSE IS ACCOMPLISHED BY ASSISTING EARLY-STAGE COMPANIES IN THEIR EFFORTS TO START, FUND, AND GROW NEW BUSINESSES.
IRS990EZ/ProgramServiceRevenueAmt024430
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOSTED MORE THAN 25 EVENTS AND MEETINGS ALL FOCUSED ON HELPING ACCREDITED INVESTORS AND ENTREPRENEURS BUILD SUCCESSFUL EARLY-STAGE COMPANIES PARTICIPATED IN SEVERAL COMMUNITY EDUCATION PANELS, MENTORING SESSIONS, AND OTHER SPEAKING ENGAGEMENTS IN WHICH WE TAUGHT ENTREPRENEURS ABOUT SEEKING CAPITAL AND WORKING WITH ANGEL INVESTORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1LED 4 INVESTOR EDUCATION EVENTS, INTRODUCING NEW MEMBERS TO INVESTING PRINCIPLES AND TEACHING MEMBER TOPICS RELEVANT TO EARLY-STAGE INVESTING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2INCREASED OUR OUTREACH TO SUPPORT OUR BUSINESS COMMUNITY WORK THROUGH NEW AND EXPANDED COMMUNITY PARTNERSHIPS WITH ENTREPRENEUR SUPPORT ORGANIZATIONS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt058070
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01912
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0135750
IRS990EZ/TotalRevenueAmt0120403
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CTAN.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEETINGS AND EVENTS 55040.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRAVEL 887.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 2212.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE EXPENSES 2680.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES 9856.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MARKETING 3572.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FEES 3433.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR PERIOD ADJUSTMENT -8567.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACCOUNTS PAYABLE 1912.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM MIESNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05125186054
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL TEXAS ANGEL NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0300358356
ReturnHeader/Filer/PhoneNum05125186054
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5435
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078763
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462979080
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Allman & Associates Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09600 Great Hills Trail Suite 150W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Austin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078759
ReturnHeader/PreparerPersonGrp/PhoneNum05125023077
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Peter L Allman CPA
ReturnHeader/ReturnTs02023-05-04T06:38:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TOM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MIESNER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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