Central Texas Angel Network

“The form 990 was prepared by a cpa firm. The completed form 990 was circulated to all board members to permit their review and comment, should they choose to do so, before filing.”

“The compensation of employees is determined by the board of directors, all of whom are independent and receive no compensation. In making those dete rminations, the directors sought to reference market based compensation da ta for similar positions to the extent that it was available.”

“The compensation of employees is determined by the board of directors, all of whom are independent and receive no compensation. In making those dete rminations, the directors sought to reference market based compensation da ta for similar positions to the extent that it was available.”

“The organization does not make financial statements or governing documents available to the public, other than those required to be made available p ursuant to irc section 501(a) and regulation 301.6104(d), or other applica ble federal or state statutes.”

“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.”

“1. Hosted more than 60 events and meetings, all focused on helping accredited investors and entrepreneurs build successful early-stage companies. 2. Mentored and educated entrepreneurs via 5 investor mentor hours, 5 funding forum entrepreneur workshops, dozens of community education panels, and dozens of speaking engagements in which we taught enterpreneurs about seeking capital and working with angel investors. 3. Led 4 investor education events, introducing new members to investing principles and teaching members topics relevant to early-stage investing. 4. Grew our membership with more than 47 new members. 5. Increased our outreach to support our business community work through new and expanded community partnerships with entrepreneur support organizations. 6. Ctan members invested more more than 14.7 million into 40 companies in 2018; 13 of those companies were new to our members' portfolios. Members increased support to their existing portfolios with follow-on investments in 27 companies. This 14.7 million represents the highest amount invested in one year in organization history. Ctan members have now invested more than 108 million into 174 early-stage companies over the history of the organization. 7. Ctan members volunteered more than 5,000 hours in the business community, mentoring and advising early-stage companies. 8. For the fifth year in a row, ctan was named a top 5 most active angel group in the nation in 2018 by angel capital association, and for the third time in the last five years, ctan was named the 1 most active angel group in the nation for 2018. 9. Hosted our second-annual portfolio summit, with a full day of educational content and networking to support portfolio companies, members, and business leaders.”