Civic Intelligence

Cfa Societies of Texas

990EZ • Fiscal year 2018 • EIN 45-4833185

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 30, 2018

Organization ProfileWWW.CFASOCIETY.ORG
5401 S Fm 1626 Ste 170-612Kyle, TX 78640

(210) 626-7499

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

43rd percentile

0.0%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

46th percentile

0.0%

Faster asset growth than 46% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

1.7%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$106,094

Up $47 (+0.0%) from 2017

Net Assets

$106,094

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin43rd percentile

Revenue

Up

$101,947

Up $1,679 (+1.7%) from 2017

Expenses

Down

$101,900

Down $8,140 (-7.4%) from 2017

Net Income

Up

$47

Up $9,819 (+100%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2015: $90,611Liabilities 2015: $02015Assets 2016: $115,819Liabilities 2016: $02016Assets 2017: $106,047Liabilities 2017: $02017Assets 2018: $106,094Net Assets 2018: $106,0942018Assets 2019: $96,086Net Assets 2019: $96,0862019Assets 2020: $109,789Net Assets 2020: $109,7892020Assets 2021: $112,036Net Assets 2021: $112,0362021Assets 2022: $93,921Net Assets 2022: $93,9212022Assets 2023: $110,612Liabilities 2023: $02023Assets 2024: $130,939Liabilities 2024: $02024Assets 2025: $125,549Net Assets 2025: $125,5492025

Highlighted filing

2018

Assets$106,094
Liabilities-
Net Assets$106,094
Open 2018 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2015: $107,345Expenses 2015: $85,636Net Income 2015: $21,7092015Revenue 2016: $57,685Expenses 2016: $32,477Net Income 2016: $25,2082016Revenue 2017: $100,268Expenses 2017: $110,040Net Income 2017: -$9,7722017Revenue 2018: $101,947Expenses 2018: $101,900Net Income 2018: $472018Revenue 2019: $117,204Expenses 2019: $127,212Net Income 2019: -$10,0082019Revenue 2020: $58,273Expenses 2020: $44,570Net Income 2020: $13,7032020Revenue 2021: $53,972Expenses 2021: $51,725Net Income 2021: $2,2472021Revenue 2022: $47,168Expenses 2022: $65,283Net Income 2022: -$18,1152022Revenue 2023: $82,252Expenses 2023: $65,561Net Income 2023: $16,6912023Revenue 2024: $123,067Expenses 2024: $102,740Net Income 2024: $20,3272024Revenue 2025: $52,614Expenses 2025: $58,004Net Income 2025: -$5,3902025

Highlighted filing

2018

Revenue$101,947
Expenses$101,900
Net Income$47
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 30, 2018
Return Version
2017v2.2
Gross Receipts
$101,947
Mission and Program Overview

Mission

The cfa societies of texas is a collaborative association of texas cfa societies to further the promotion of the ethical and professional standards within the investment industry, to enhance professional development opportunities through the cfa program, and to facilitate the open exchange of information and opinions.

Program Services

DescriptionGrantsExpenses
TO HOLD RELEVANT EDUCATIONAL PROGRAMS FOR MEMBERS AND THE LARGER INVESTMENT COMMUNITY ON CURRENT TOPICS OF INTEREST. DURING THE YEAR ENDED JUNE 30, 2018, THE ORGANIZATION HELD TWO EDUCATIONAL CONFERENCES TO PROMOTE THE SOCIETY AS FOLLOWS: 1) TEXAS INVESTMENT SUMMIT - A SYMPOSIUM ATTENDED BY 221 MEMBERS AND INTERESTED FINANCIAL EXECUTIVES2) SOUTHWEST INVESTMENT RESEARCH CHALLENGE - AN INVESTMENT PROGRAM ATTENDED BY 118 MEMBERS AND FINANCIAL EXECUTIVES$54,012-
O SUPPORT THE CFA SOCIETIES IN TEXAS AND THEIR TOTAL COMBINED MEMBERSHIP WITH SYNERGISTIC ACTIVITIES IN THE AREAS OF PROGRAMMING, CAREER DEVELOPMENT, PUBLIC AWARENESS AND ADMINISTRATION.$33,458-
TO PROMOTE PUBLIC AWARENESS OF THE VALUE OF THE CFA CHARTER AND THE ETHICAL AND PROFESSIONAL STANDARDS IT EMBODIES.$8,394-
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHIRLEY OGDENChairman-$0--
KELLY COLOTLASecretary-$0--
DAVID BARGETreasurer-$0--
DEB CASTELLANIDirector-$0--
MAHESH DESAIDirector-$0--
KEVIN LINCOLNDirector-$0--
PAT SWANSONDirector-$0--
MICHAEL YEAGERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Cfa Societies of Texas
EIN
45-4833185
Phone
2106267499
Address
5401 S FM 1626 STE 170-612, KYLE, TX 78640

Signing Officer

Name
David Barge
Title
Treasurer
Signed
2018-10-30
Discuss with paid preparer
Yes

Preparer

Firm
W A Vandiver & Company
Address
16475 Dallas Parkway Ste 218, Addison, TX 75001-6255
Preparer
Wendall a Vandiver
Phone
9724600096
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2313”

Other Expenses.1002

“Office Expenses $18”

Other Expenses.1005

“Travel $3280”

Other Expenses.1007

“Conferences, Conventions, and Meetings $57158”

Other Expenses.1

“Advocacy initiatives - other $4458”

Other Expenses.2

“CFATX SPONSORSHIPS $2935”

Other Expenses.3

“ACCOUNTING SOFTWARE $600”

Other Expenses.5

“Board of directors apprec, $308”

Other Expenses.6

“Board of directors meetings $299”

Other Expenses.7

“Member communications $288”

Other Expenses.8

“BANK CHARGES $96”

Raw XML Appendix143 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/PersonNm0DAVID BARGE
IRS990EZ/BooksInCareOfDetail/PhoneNum02106267499
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt023923 SPRING SCENT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN ANTONIO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078258
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0106047
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0106094
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt047
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt029750
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0106047
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0106094
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0101947
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0106047
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0106094
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0106047
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0106094
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHIRLEY OGDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KELLY COLOTLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID BARGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DEB CASTELLANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MAHESH DESAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KEVIN LINCOLN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6PAT SWANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7MICHAEL YEAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt071753
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CFA SOCIETIES OF TEXAS IS A COLLABORATIVE ASSOCIATION OF TEXAS CFA SOCIETIES TO FURTHER THE PROMOTION OF THE ETHICAL AND PROFESSIONAL STANDARDS WITHIN THE INVESTMENT INDUSTRY, TO ENHANCE PROFESSIONAL DEVELOPMENT OPPORTUNITIES THROUGH THE CFA PROGRAM, AND TO FACILITATE THE OPEN EXCHANGE OF INFORMATION AND OPINIONS.
IRS990EZ/PrintingPublicationsPostageAmt0397
IRS990EZ/ProgramServiceRevenueAmt0101947
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO HOLD RELEVANT EDUCATIONAL PROGRAMS FOR MEMBERS AND THE LARGER INVESTMENT COMMUNITY ON CURRENT TOPICS OF INTEREST. DURING THE YEAR ENDED JUNE 30, 2018, THE ORGANIZATION HELD TWO EDUCATIONAL CONFERENCES TO PROMOTE THE SOCIETY AS FOLLOWS: 1) TEXAS INVESTMENT SUMMIT - A SYMPOSIUM ATTENDED BY 221 MEMBERS AND INTERESTED FINANCIAL EXECUTIVES2) SOUTHWEST INVESTMENT RESEARCH CHALLENGE - AN INVESTMENT PROGRAM ATTENDED BY 118 MEMBERS AND FINANCIAL EXECUTIVES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1O SUPPORT THE CFA SOCIETIES IN TEXAS AND THEIR TOTAL COMBINED MEMBERSHIP WITH SYNERGISTIC ACTIVITIES IN THE AREAS OF PROGRAMMING, CAREER DEVELOPMENT, PUBLIC AWARENESS AND ADMINISTRATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2TO PROMOTE PUBLIC AWARENESS OF THE VALUE OF THE CFA CHARTER AND THE ETHICAL AND PROFESSIONAL STANDARDS IT EMBODIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt054012
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt133458
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt28394
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0101900
IRS990EZ/TotalProgramServiceExpensesAmt095864
IRS990EZ/TotalRevenueAmt0101947
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CFASOCIETY.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2313
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $3280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $57158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADVOCACY INITIATIVES - OTHER $4458
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CFATX SPONSORSHIPS $2935
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCOUNTING SOFTWARE $600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOARD OF DIRECTORS APPREC, $308
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOARD OF DIRECTORS MEETINGS $299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEMBER COMMUNICATIONS $288
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK CHARGES $96
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID BARGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CFA SOCIETIES OF TEXAS
ReturnHeader/Filer/BusinessNameControlTxt0CFAS
ReturnHeader/Filer/EIN0454833185
ReturnHeader/Filer/PhoneNum02106267499
ReturnHeader/Filer/USAddress/AddressLine1Txt05401 S FM 1626 STE 170-612
ReturnHeader/Filer/USAddress/CityNm0KYLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078640
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383742061
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0W A Vandiver & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016475 Dallas Parkway Ste 218
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Addison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0750016255
ReturnHeader/PreparerPersonGrp/PhoneNum09724600096
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WENDALL A VANDIVER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-10-30T11:26:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$106,094
Liabilities
-
Net assets
$106,094
Revenue
$101,947
Expenses
$101,900
Net income
$47
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$1.26$0.53$0.58$0.05
2024Summary only. Only limited summary data is available for this year.$1.31$0.00$1.23$1.03$0.20
2023Summary only. Only limited summary data is available for this year.$1.11$0.00$0.82$0.66$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.94$0.47$0.65$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$1.12$0.54$0.52$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$1.10$0.58$0.45$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.96$1.17$1.27$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.06$1.06$1.02$1.02$0.00
2017Summary only. Only limited summary data is available for this year.$1.06$0.00$1.00$1.10$0.10
2016Summary only. Only limited summary data is available for this year.$1.16$0.00$0.58$0.32$0.25
2015Summary only. Only limited summary data is available for this year.$0.91$0.00$1.07$0.86$0.22