Civic Intelligence

Textbook & Academic Authors Association Inc.

990 • Fiscal year 2018 • EIN 59-3013967

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 12, 2019

5885 Central Avenue Ste ASt Petersburg, FL 33710

(727) 563-0020

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

12th percentile

0.00x

Higher debt load relative to revenue than 12% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

2nd percentile

-56%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

43rd percentile

$122,000

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 25.4% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

12th percentile

-12%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-50%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,894,152

Down $268,951 (-12%) from 2017

Net Assets

Down

$1,893,141

Down $268,562 (-12%) from 2017

Liabilities

Down

$1,011

Down $389 (-28%) from 2017

Revenue

Down

$479,409

Down $486,076 (-50%) from 2017

Expenses

Up

$747,971

Up $57,843 (+8.4%) from 2017

Net Income

Down

-$268,562

Down $543,919 (-198%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,253,395Liabilities 2011: $27,955Net Assets 2011: $2,225,4402011Assets 2012: $2,241,715Liabilities 2012: $6,108Net Assets 2012: $2,235,6072012Assets 2013: $2,392,304Liabilities 2013: $20,598Net Assets 2013: $2,371,7062013Assets 2014: $2,544,315Liabilities 2014: $88,145Net Assets 2014: $2,456,1702014Assets 2015: $2,162,596Liabilities 2015: $0Net Assets 2015: $2,162,5962015Assets 2016: $1,886,345Liabilities 2016: $0Net Assets 2016: $1,886,3452016Assets 2017: $2,163,103Liabilities 2017: $1,400Net Assets 2017: $2,161,7032017Assets 2018: $1,894,152Liabilities 2018: $1,011Net Assets 2018: $1,893,1412018Assets 2019: $1,776,863Liabilities 2019: $988Net Assets 2019: $1,775,8752019Assets 2020: $1,690,216Liabilities 2020: $86,065Net Assets 2020: $1,604,1512020Assets 2021: $1,855,184Liabilities 2021: $2,255Net Assets 2021: $1,852,9292021Assets 2022: $2,393,801Liabilities 2022: $10,811Net Assets 2022: $2,382,9902022Assets 2023: $2,788,649Liabilities 2023: $973Net Assets 2023: $2,787,6762023Assets 2024: $2,996,206Liabilities 2024: $8,469Net Assets 2024: $2,987,7372024

Highlighted filing

2018

Assets$1,894,152
Liabilities$1,011
Net Assets$1,893,141

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $530,8112011Expenses 2012: $621,4882012Revenue 2013: $828,079Expenses 2013: $691,980Net Income 2013: $136,0992013Revenue 2014: $835,235Expenses 2014: $750,771Net Income 2014: $84,4642014Revenue 2015: $712,724Expenses 2015: $793,489Net Income 2015: -$80,7652015Revenue 2016: $502,816Expenses 2016: $779,067Net Income 2016: -$276,2512016Revenue 2017: $965,485Expenses 2017: $690,128Net Income 2017: $275,3572017Revenue 2018: $479,409Expenses 2018: $747,971Net Income 2018: -$268,5622018Revenue 2019: $702,969Expenses 2019: $820,235Net Income 2019: -$117,2662019Revenue 2020: $470,676Expenses 2020: $642,400Net Income 2020: -$171,7242020Revenue 2021: $847,167Expenses 2021: $598,389Net Income 2021: $248,7782021Revenue 2022: $556,063Expenses 2022: $526,494Net Income 2022: $29,5692022Revenue 2023: $639,521Expenses 2023: $552,064Net Income 2023: $87,4572023Revenue 2024: $606,581Expenses 2024: $698,562Net Income 2024: -$91,9812024

Highlighted filing

2018

Revenue$479,409
Expenses$747,971
Net Income-$268,562
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 12, 2019
Return Version
2018v3.1
Gross Receipts
$479,409
Mission and Program Overview

Mission

To enhance the quality of texts and other academic works.

To enhance the quality of texts and other academic works

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,646,975$1,610,828▼ $36,147
Savings and Temporary Cash Investments$200,351$203,892▲ $3,541
Cash and Non-Interest-Bearing Accounts$315,777$79,432▼ $236,345
Total Assets$2,163,103$1,894,152▼ $268,951
Liabilities
Other Liabilities$1,400$1,011▼ $389
Total Liabilities$1,400$1,011▼ $389
Net Assets / Fund Balance
Unrestricted Net Assets$2,161,703$1,893,141▼ $268,562
Total Net Assets Fund Balance$2,161,703$1,893,141▼ $268,562
Total Liabilities and Net Assets / Fund Balance$2,163,103$1,894,152▼ $268,951
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura FrostExecutive DiFT$122,000$122,000

Board Members and Trustees

NameTitle
Claudia SanchezPresident
John P RussoAppointed Me
Richard HullAppointed Me
Al TrujilloAuthor Coali
-Elected Memb
Dave DillonElected Memb
Lisa DanielsElected Memb
Michael SullivanElected Memb
Ronald PynnElected Memb
Stephen GillenElected Memb
Steven BarkanPast Preside
Juli SaitzSecretary
Michael SpinellaTreasurer
Robert ChristophersonVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$7,500
Program Service Revenue
$413,149
Investment Income
$58,760
Other Revenue
$0
Change in Net Assets
$-268,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$447,805
Other Expenses$300,166
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$298,000$74,500-$372,500
Office Expenses$48,742$2,815-$51,557
Conferences and Meetings$43,121$3,073-$46,194
Travel$24,462$21,662-$46,124
Other Employee Benefits$36,387$9,097-$45,484
All Other Expenses$15,076$17,456-$32,532
Payroll Taxes$23,857$5,964-$29,821
Fees for Services Accounting-$12,630-$12,630
Other Expenses$11,028--$11,028
Advertising$8,177$2,648-$10,825
Occupancy$5,895--$5,895
Insurance-$5,645-$5,645
Fees for Services Other$769$1,974-$2,743
Information Technology$108--$108
Total Functional Expenses$590,507$157,464$0$747,971
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$1,011
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 4

On december 17, 2018, the entity adopted amended and restated articles of incorporation as well as amended bylaws. Amongst changes to show the entities election to seek 501(3)(c) exemption, the amended documents also showed a change in name to textbook & academic authors association, inc.

Form 990, Page 6, Part VI, Line 6

There is membership to the organization and anyone that meets the criteria of membership is entitled to become a member.

Form 990, Page 6, Part VI, Line 7A

Membership is completed by a relationship or working status in the related field and their rights of membership are the benefits associated with the memberships and voting right for the board

Form 990, Page 6, Part VI, Line 9

Steven barkan c/o univ of maine, dept of sociology orono, me 04469-5728 mike kennamer 240 moses drive henagar, al 35978 claudia sanchez po box 425769 denton, tx 76204 juli saitz c/o ankura consulting group westport, ct 06880 michael spinella 117 glen rock road little falls, nj 07424 laura frost 6345 morgan la fee lane fort myers, fl 33912 robert christopherson 1313 volonne drive roseville, ca 95747 lisa daniels 528 tayman drive annapolis, md 21403 dave dillon 6713 limonite court carlsbad, ca 92009 stephen gillen c/o 2700 carew tower cincinnati, oh 45202-2917 richard hull 3241 heather hill lane tallahassee, fl 32309-2307 ronald pynn 100 curtis ave burlington, vt 05401 john p. Russo 7 partridge hill rd westminster, ma 01473 michael sullivan 9529 s. Tripp oaklawn, il 60453 al trujillo 13734 misty oak rd valley center, ca 92082 kim pawlak po box 367 fountain city, wi 54629 maureen foerster 717 nw view ridge street camas, wa 98607 eric schmieder 800 yorkshire dr. Clayton, nc 27520

Form 990, Page 6, Part VI, Line 11B

Form 990 is prepared by an outside accounting firm and the return is then reviewed by members of the board before submission is done.

Form 990, Page 6, Part VI, Line 12C

Enforcement of conflicts policy compliance is monitored and enforced when necessary through open lines of communications, annual reviews and other policies to ensure resolution to conflict should it arise.

Form 990, Page 6, Part VI, Line 15A

All compensation changes are based upon industry compensation studies to determine comparative market salaries, matched with organizational budgets, reviewed by personnel and finance committees, and finally approved by council.

Form 990, Page 6, Part VI, Line 15B

All compensation changes are based upon industry compensation studies to determine comparative market salaries, matched with organizational budgets, reviewed by personnel and finance committees, and finally approved by council.

Form 990, Page 6, Part VI, Line 18

Financial information and tax return disclosed upon request by parties

Form 990, Page 6, Part VI, Line 19

Documents are made available in pdf format upon written consent

Filing and Contact Details

Filer

Filer Name
Text & Academic Authors Association
EIN
59-3013967
Phone
7275630020
Address
5885 CENTRAL AVENUE STE A, ST PETERSBURG, FL 33710

Signing Officer

Name
Michael Spinella
Title
Executive Director
Phone
9739430501
Signed
2019-02-12
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
Fl
Voting Board Members
14
Independent Board Members
14
Employees
5

Preparer

Firm
Loden Fraze & Associates Pa
Address
5885 CENTRAL AVE STE A, ST PETERSBURG, FL 33710-8504
Preparer
Scott T Loden
Phone
7274907336
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON DECEMBER 17, 2018, THE ENTITY ADOPTED AMENDED AND RESTATED ARTICLES OF INCORPORATION AS WELL AS AMENDED BYLAWS. AMONGST CHANGES TO SHOW THE ENTITIES ELECTION TO SEEK 501(3)(C) EXEMPTION, THE AMENDED DOCUMENTS ALSO SHOWED A CHANGE IN NAME TO TEXTBOOK & ACADEMIC AUTHORS ASSOCIATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS MEMBERSHIP TO THE ORGANIZATION AND ANYONE THAT MEETS THE CRITERIA OF MEMBERSHIP IS ENTITLED TO BECOME A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP IS COMPLETED BY A RELATIONSHIP OR WORKING STATUS IN THE RELATED FIELD AND THEIR RIGHTS OF MEMBERSHIP ARE THE BENEFITS ASSOCIATED WITH THE MEMBERSHIPS AND VOTING RIGHT FOR THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STEVEN BARKAN C/O UNIV OF MAINE, DEPT OF SOCIOLOGY ORONO, ME 04469-5728 MIKE KENNAMER 240 MOSES DRIVE HENAGAR, AL 35978 CLAUDIA SANCHEZ PO BOX 425769 DENTON, TX 76204 JULI SAITZ C/O ANKURA CONSULTING GROUP WESTPORT, CT 06880 MICHAEL SPINELLA 117 GLEN ROCK ROAD LITTLE FALLS, NJ 07424 LAURA FROST 6345 MORGAN LA FEE LANE FORT MYERS, FL 33912 ROBERT CHRISTOPHERSON 1313 VOLONNE DRIVE ROSEVILLE, CA 95747 LISA DANIELS 528 TAYMAN DRIVE ANNAPOLIS, MD 21403 DAVE DILLON 6713 LIMONITE COURT CARLSBAD, CA 92009 STEPHEN GILLEN C/O 2700 CAREW TOWER CINCINNATI, OH 45202-2917 RICHARD HULL 3241 HEATHER HILL LANE TALLAHASSEE, FL 32309-2307 RONALD PYNN 100 CURTIS AVE BURLINGTON, VT 05401 JOHN P. RUSSO 7 PARTRIDGE HILL RD WESTMINSTER, MA 01473 MICHAEL SULLIVAN 9529 S. TRIPP OAKLAWN, IL 60453 AL TRUJILLO 13734 MISTY OAK RD VALLEY CENTER, CA 92082 KIM PAWLAK PO BOX 367 FOUNTAIN CITY, WI 54629 MAUREEN FOERSTER 717 NW VIEW RIDGE STREET CAMAS, WA 98607 ERIC SCHMIEDER 800 YORKSHIRE DR. CLAYTON, NC 27520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND THE RETURN IS THEN REVIEWED BY MEMBERS OF THE BOARD BEFORE SUBMISSION IS DONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ENFORCEMENT OF CONFLICTS POLICY COMPLIANCE IS MONITORED AND ENFORCED WHEN NECESSARY THROUGH OPEN LINES OF COMMUNICATIONS, ANNUAL REVIEWS AND OTHER POLICIES TO ENSURE RESOLUTION TO CONFLICT SHOULD IT ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL COMPENSATION CHANGES ARE BASED UPON INDUSTRY COMPENSATION STUDIES TO DETERMINE COMPARATIVE MARKET SALARIES, MATCHED WITH ORGANIZATIONAL BUDGETS, REVIEWED BY PERSONNEL AND FINANCE COMMITTEES, AND FINALLY APPROVED BY COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL COMPENSATION CHANGES ARE BASED UPON INDUSTRY COMPENSATION STUDIES TO DETERMINE COMPARATIVE MARKET SALARIES, MATCHED WITH ORGANIZATIONAL BUDGETS, REVIEWED BY PERSONNEL AND FINANCE COMMITTEES, AND FINALLY APPROVED BY COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FINANCIAL INFORMATION AND TAX RETURN DISCLOSED UPON REQUEST BY PARTIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DOCUMENTS ARE MADE AVAILABLE IN PDF FORMAT UPON WRITTEN CONSENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ROUNDING 0
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.00$0.01$2.99$0.61$0.70$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.64$0.55$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.39$0.01$2.38$0.56$0.53$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.85$0.85$0.60$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.69$0.09$1.60$0.47$0.64$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$0.70$0.82$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.48$0.75$0.27
2017Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.97$0.69$0.28
2016Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.50$0.78$0.28
2015Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.71$0.79$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.54$0.09$2.46$0.84$0.75$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.02$2.37$0.83$0.69$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.01$2.24$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.03$2.23$0.53
Peer Organizations

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