Liabilities / Assets
45th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
45th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 20.6% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
50th percentile
Faster revenue growth than 50% of similar nonprofits.
Balance Sheet
Assets
Up$273,580
Up $119,319 (+77%) from 2017
Net Assets
Up$273,580
Up $155,319 (+131%) from 2017
Liabilities
Down$0
Down $36,000 (-100%) from 2017
Revenue And Expenses
Revenue
Down$233,138
Down $111,014 (-32%) from 2017
Expenses
Down$146,821
Down $178,648 (-55%) from 2017
Net Income
Up$86,317
Up $67,634 (+362%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 7, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $233,138
Mission and Program Overview
Mission
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.
Ctan's exempt purpose is to promote and stimulate the common business interests of its members and the central texas area. This purpose is achieved by assisting early stage companies in their efforts to start, fund, and grow new businesses.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $187,263 | $273,580 | ▲ $86,317 |
| Savings and Temporary Cash Investments | - | $200,028 | - |
| Cash and Non-Interest-Bearing Accounts | $187,263 | $73,552 | ▼ $113,711 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $187,263 | $273,580 | ▲ $86,317 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $187,263 | $273,580 | ▲ $86,317 |
| Total Liabilities and Net Assets / Fund Balance | $187,263 | $273,580 | ▲ $86,317 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Claire Hansen | Due Diligence Associate | PT | $48,124 | $48,124 |
| Victoria Dominguez-edington | Program Director | PT | $35,052 | $35,052 |
Board Members and Trustees
| Name | Title |
|---|---|
| Kelsey August | Board Chair |
| Jd Stanley | Board Member |
| Jeff Bonyun | Board Member |
| Joseph Liu | Board Member |
| Sue Maass | Board Member |
| Wayne Heidemann | Board Member |
| Laurie Cercone | Secretary |
| David Veal | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $232,236
- Investment Income
- $902
- Other Revenue
- $0
- Change in Net Assets
- $86,317
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $97,006 |
| Other Expenses | $49,815 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $89,163 |
| Conferences and Meetings | - | - | - | $23,603 |
| Payroll Taxes | - | - | - | $6,955 |
| Fees for Services Legal | - | - | - | $6,500 |
| Office Expenses | - | - | - | $4,422 |
| Insurance | - | - | - | $3,083 |
| Advertising | - | - | - | $2,308 |
| Other Expenses | - | - | - | $1,385 |
| Fees for Services Other | - | - | - | $1,082 |
| Other Employee Benefits | - | - | - | $888 |
| Total Functional Expenses | $0 | $0 | $0 | $146,821 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- Yes
- Subject to proxy tax
- Yes
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Backup withholding compliance
- Yes
- 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
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 11B
“Form 990, page 6, part iv, line 11b: the form 990 was prepared by the organization's treasurer and circulated to all board members to permit their review and comment should they choose to do so before filing.”
Form 990, Part VI, Section B, Line 15
“The compensation of employees is determined by the board of directors, all of whom are independent and receive no compensation in making those determinations. The directors sought to reference market-based compensation data for similar positions to the extent that it was available.”
Form 990, Part VI, Section C, Line 19
“The organizatio does not make financial statements or governing documents available to the public, other than those required to be made available pursuant to irc section 501(a) and regulation 301 6104(d) or other applicable federal or state statutes.”
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
- David Veal
- Title
- Treasurer
- Phone
- 5124978070
- Signed
- 2021-11-07
Organization Details
- Principal Officer
- Kelsey August
- Formed
- 2006
- Legal Domicile
- TX
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 2
- Volunteers
- 200
Supplemental Narrative
Additional Explanations
Form 990, Part III, Line 3
“Due to the covid-19 pandemic and the resulting requirements of health officials, many events that were previously held in person were temporarily moved to an online format.”
Form 990, Part III, Line 4D
“Hosted more than 40 events and meetings, all focused on helping accredited investors build successful early-stage companies. Mentored and educated entrepreneurs when possible given pandemic restrictions that began in march. Held 2 entrepreneur screening sessions hosted by ctan. Members participated in several community education panels, mentoring sessions, and other speaking engagements that taught entrepreneurs about seeking capital and working with angel investors. Led two 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 ctan members increased support to companies by investing in 20 new companies, investing a total of $3.1mm. Ctan members also increased support to their existing portfolios with follow-on investments in 12 companies, investing a total of $2.8mm total dollars. Ctan members volunteered at least 300 hours in the business community mentoring and advising early-stage companies despite pandemic disruptions.”
Raw XML Appendix351 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 |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | CTAN'S EXEMPT PURPOSE IS TO PROMOTE AND STIMULATE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS AND THE CENTRAL TEXAS AREA. THIS PURPOSE IS ACHIEVED BY ASSISTING EARLY STAGE COMPANIES IN THEIR EFFORTS TO START, FUND, AND GROW NEW BUSINESSES. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2308 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KELSEY AUGUST |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5125186054 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 5435 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | AUSTIN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78763 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 187263 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 73552 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 89163 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 23603 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 902 |
| IRS990/CYOtherExpensesAmt | 0 | 49815 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 232236 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 86317 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 97006 |
| IRS990/CYTotalExpensesAmt | 0 | 146821 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 233138 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | HOSTED MORE THAN 40 EVENTS AND MEETINGS, ALL FOCUSED ON HELPING ACCREDITED INVESTORS BUILD SUCCESSFUL EARLY-STAGE COMPANIES. MENTORED AND EDUCATED ENTREPRENEURS WHEN POSSIBLE GIVEN PANDEMIC RESTRICTIONS THAT BEGAN IN MARCH. HELD 2 ENTREPRENEUR SCREENING SESSIONS HOSTED BY CTAN. MEMBERS PARTICIPATED IN SEVERAL COMMUNITY EDUCATION PANELS, MENTORING SESSIONS, AND OTHER SPEAKING ENGAGEMENTS THAT TAUGHT ENTREPRENEURS ABOUT SEEKING CAPITAL AND WORKING WITH ANGEL INVESTORS. LED TWO 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 CTAN MEMBERS INCREASED SUPPORT TO COMPANIES BY INVESTING IN 20 NEW COMPANIES, INVESTING A TOTAL OF $3.1MM. CTAN MEMBERS ALSO INCREASED SUPPORT TO THEIR EXISTING PORTFOLIOS WITH FOLLOW-ON INVESTMENTS IN 12 COMPANIES, INVESTING A TOTAL OF $2.8MM TOTAL DOLLARS. CTAN MEMBERS VOLUNTEERED AT LEAST 300 HOURS IN THE BUSINESS COMMUNITY MENTORING AND ADVISING EARLY-STAGE COMPANIES DESPITE PANDEMIC DISRUPTIONS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonatedServicesAndUseFcltsAmt | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 6500 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1082 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 5 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 5 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CLAIRE HANSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | VICTORIA DOMINGUEZ-EDINGTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KELSEY AUGUST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LAURIE CERCONE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DAVID VEAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JEFF BONYUN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | WAYNE HEIDEMANN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JOSEPH LIU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SUE MAASS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JD STANLEY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 48124 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 35052 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DUE DILIGENCE ASSOCIATE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PROGRAM DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 233138 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3083 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 902 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 902 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 187263 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 273580 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4422 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 888 |
| IRS990/OtherExpensesGrp/Desc | 0 | PAYROLL SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | ASSOCIATION MEMBERSHIPS |
| IRS990/OtherExpensesGrp/Desc | 2 | PAYMENT PROCESSING |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 5682 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1750 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1385 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 6955 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | KELSEY AUGUST |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 523999 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 523999 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEMBERSHIP DUES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ENTREPRENEUR FEES |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 190445 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 41791 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 190445 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 41791 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 116113 |
| IRS990/PYOtherRevenueAmt | 0 | 3055 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 295437 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -5533 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 187912 |
| IRS990/PYTotalExpensesAmt | 0 | 304025 |
| IRS990/PYTotalRevenueAmt | 0 | 298492 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 86317 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 187263 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 273580 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 200028 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DUE TO THE COVID-19 PANDEMIC AND THE RESULTING REQUIREMENTS OF HEALTH OFFICIALS, MANY EVENTS THAT WERE PREVIOUSLY HELD IN PERSON WERE TEMPORARILY MOVED TO AN ONLINE FORMAT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | HOSTED MORE THAN 40 EVENTS AND MEETINGS, ALL FOCUSED ON HELPING ACCREDITED INVESTORS BUILD SUCCESSFUL EARLY-STAGE COMPANIES. MENTORED AND EDUCATED ENTREPRENEURS WHEN POSSIBLE GIVEN PANDEMIC RESTRICTIONS THAT BEGAN IN MARCH. HELD 2 ENTREPRENEUR SCREENING SESSIONS HOSTED BY CTAN. MEMBERS PARTICIPATED IN SEVERAL COMMUNITY EDUCATION PANELS, MENTORING SESSIONS, AND OTHER SPEAKING ENGAGEMENTS THAT TAUGHT ENTREPRENEURS ABOUT SEEKING CAPITAL AND WORKING WITH ANGEL INVESTORS. LED TWO 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 CTAN MEMBERS INCREASED SUPPORT TO COMPANIES BY INVESTING IN 20 NEW COMPANIES, INVESTING A TOTAL OF $3.1MM. CTAN MEMBERS ALSO INCREASED SUPPORT TO THEIR EXISTING PORTFOLIOS WITH FOLLOW-ON INVESTMENTS IN 12 COMPANIES, INVESTING A TOTAL OF $2.8MM TOTAL DOLLARS. CTAN MEMBERS VOLUNTEERED AT LEAST 300 HOURS IN THE BUSINESS COMMUNITY MENTORING AND ADVISING EARLY-STAGE COMPANIES DESPITE PANDEMIC DISRUPTIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990, PAGE 6, PART IV, LINE 11B: THE FORM 990 WAS PREPARED BY THE ORGANIZATION'S TREASURER AND CIRCULATED TO ALL BOARD MEMBERS TO PERMIT THEIR REVIEW AND COMMENT SHOULD THEY CHOOSE TO DO SO BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE COMPENSATION OF EMPLOYEES IS DETERMINED BY THE BOARD OF DIRECTORS, ALL OF WHOM ARE INDEPENDENT AND RECEIVE NO COMPENSATION IN MAKING THOSE DETERMINATIONS. THE DIRECTORS SOUGHT TO REFERENCE MARKET-BASED COMPENSATION DATA FOR SIMILAR POSITIONS TO THE EXTENT THAT IT WAS AVAILABLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATIO DOES NOT MAKE FINANCIAL STATEMENTS OR GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC, OTHER THAN THOSE REQUIRED TO BE MADE AVAILABLE PURSUANT TO IRC SECTION 501(A) AND REGULATION 301 6104(D) OR OTHER APPLICABLE FEDERAL OR STATE STATUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part III, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part III, Line 4d |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, Line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, Line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 1 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 187263 |
| IRS990/TotalAssetsEOYAmt | 0 | 273580 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 187263 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 273580 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 146821 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 187263 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 273580 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcGrantAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcRevenueAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 232236 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 83176 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 233138 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 233138 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 200 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 187263 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 273580 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO Box 5435 |
| IRS990/USAddress/CityNm | 0 | AUSTIN |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 78763 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | www.ctan.com |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | AUTOMATIC SIX MONTH EXTENSION FILED IN APRIL 2021 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | David Veal |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5124978070 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CENTRAL TEXAS ANGEL NETWORK |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CENT |
| ReturnHeader/Filer/EIN | 0 | 300358356 |
| ReturnHeader/Filer/PhoneNum | 0 | 5125186054 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 5435 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78763 |
| ReturnHeader/ReturnTs | 0 | 2021-11-07T16:52:23-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $273,580
- Liabilities
- $0
- Net assets
- $273,580
- Revenue
- $233,138
- Expenses
- $146,821
- Net income
- $86,317