Civic Intelligence

Texas Restaurant Association

990 • Fiscal year 2016 • EIN 74-0921350

Oct 01, 2015 to Sep 30, 2016 • Filed on May 15, 2017

PO Box 1429Austin, TX 78767-1429

(512) 457-4100

Siviq Scores

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

Liabilities / Assets

35th percentile

0.18x

Higher debt load relative to assets than 35% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

0.49x

Higher debt load relative to revenue than 64% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Net Margin

9th percentile

-13%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

45th percentile

$347,102

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Asset Growth

47th percentile

4.0%

Faster asset growth than 47% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-64%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$13,936,885

Up $533,624 (+4.0%) from 2015

Net Assets

Down

$11,408,894

Down $300,819 (-2.6%) from 2015

Liabilities

Up

$2,527,991

Up $834,443 (+49%) from 2015

Revenue

Down

$5,184,488

Down $9,072,930 (-64%) from 2015

Expenses

Up

$5,862,800

Up $746,495 (+15%) from 2015

Net Income

Down

-$678,312

Down $9,819,425 (-107%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,516,386Liabilities 2011: $2,219,519Net Assets 2011: $2,296,8672011Assets 2012: $4,859,590Liabilities 2012: $2,258,738Net Assets 2012: $2,600,8522012Assets 2013: $4,750,424Liabilities 2013: $2,264,327Net Assets 2013: $2,486,0972013Assets 2014: $4,434,567Liabilities 2014: $1,878,065Net Assets 2014: $2,556,5022014Assets 2015: $13,403,261Liabilities 2015: $1,693,548Net Assets 2015: $11,709,7132015Assets 2016: $13,936,885Liabilities 2016: $2,527,991Net Assets 2016: $11,408,8942016Assets 2017: $13,556,826Liabilities 2017: $2,280,278Net Assets 2017: $11,276,5482017Assets 2018: $12,911,425Liabilities 2018: $2,033,490Net Assets 2018: $10,877,9352018Assets 2019: $12,490,010Liabilities 2019: $2,571,596Net Assets 2019: $9,918,4142019Assets 2020: $9,994,533Liabilities 2020: $3,436,647Net Assets 2020: $6,557,8862020Assets 2021: $11,924,378Liabilities 2021: $2,394,582Net Assets 2021: $9,529,7962021Assets 2022: $10,871,956Liabilities 2022: $1,845,955Net Assets 2022: $9,026,0012022Assets 2023: $11,922,640Liabilities 2023: $1,745,476Net Assets 2023: $10,177,1642023Assets 2024: $13,162,628Liabilities 2024: $2,177,222Net Assets 2024: $10,985,4062024

Highlighted filing

2016

Assets$13,936,885
Liabilities$2,527,991
Net Assets$11,408,894

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,917,036Expenses 2011: $4,940,046Net Income 2011: -$23,0102011Revenue 2012: $4,984,707Expenses 2012: $4,707,525Net Income 2012: $277,1822012Revenue 2013: $4,841,767Expenses 2013: $4,955,226Net Income 2013: -$113,4592013Revenue 2014: $4,971,570Expenses 2014: $4,905,057Net Income 2014: $66,5132014Revenue 2015: $14,257,418Expenses 2015: $5,116,305Net Income 2015: $9,141,1132015Revenue 2016: $5,184,488Expenses 2016: $5,862,800Net Income 2016: -$678,3122016Revenue 2017: $5,779,490Expenses 2017: $6,256,513Net Income 2017: -$477,0232017Revenue 2018: $6,036,145Expenses 2018: $6,927,337Net Income 2018: -$891,1922018Revenue 2019: $5,244,739Expenses 2019: $6,463,329Net Income 2019: -$1,218,5902019Revenue 2020: $3,600,921Expenses 2020: $4,529,049Net Income 2020: -$928,1282020Revenue 2021: $5,929,472Expenses 2021: $5,146,765Net Income 2021: $782,7072021Revenue 2022: $6,735,129Expenses 2022: $5,494,963Net Income 2022: $1,240,1662022Revenue 2023: $6,294,070Expenses 2023: $6,184,000Net Income 2023: $110,0702023Revenue 2024: $8,495,064Expenses 2024: $6,107,435Net Income 2024: $2,387,6292024

Highlighted filing

2016

Revenue$5,184,488
Expenses$5,862,800
Net Income-$678,312
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$5,507,078
Mission and Program Overview

Mission

Promote the foodservice industry and food safety through education, research and training. Provide resources, programs, products, services and advocacy to support the industry.

Promote the foodservice industry and food safety through education, research and training.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,535,778$9,208,334▲ $3,672,556
Land, Buildings, and Equipment, Net$254,067$1,033,474▲ $779,407
Accounts Receivable$527,765$1,003,029▲ $475,264
Cash and Non-Interest-Bearing Accounts$1,690,748$538,618▼ $1,152,130
Savings and Temporary Cash Investments$3,741,426$251,087▼ $3,490,339
Prepaid Expenses and Deferred Charges$79,288$120,596▲ $41,308
Total Assets$13,403,261$13,936,885▲ $533,624
Other Assets Total$1,574,189$1,781,747▲ $207,558
Liabilities
Deferred Revenue$1,478,978$1,963,853▲ $484,875
Mortgage Notes Payable Secured by Investment Property-$376,410-
Accounts Payable and Accrued Expenses$130,934$182,915▲ $51,981
Other Liabilities$83,636$4,813▼ $78,823
Total Liabilities$1,693,548$2,527,991▲ $834,443
Net Assets / Fund Balance
Unrestricted Net Assets$11,637,261$11,321,493▼ $315,768
Temporarily Rstr Net Assets$72,452$87,401▲ $14,949
Total Net Assets Fund Balance$11,709,713$11,408,894▼ $300,819
Total Liabilities and Net Assets / Fund Balance$13,403,261$13,936,885▲ $533,624

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$729,722$526,218$1,255,940
Other Land Buildings$96,102$387,294$483,396
Leasehold Improvements$207,650$15,921$223,571
Other Assets Org$28,728--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard JacksonCEOFT$283,430$41,110$324,540
Malcomb GardnerCOOFT$150,626$16,994$167,620
Debbi TohCFOFT$127,465$11,132$138,597
Kenneth BessermanGeneral CounselFT$122,730$14,306$137,036
Sandra Richey-mitschkeVP--$130,820$130,820

Board Members and Trustees

NameTitle
Tap BentzPres Elect 15-16 President 16-17
Jerry WalkerPresident 15-16 Past President 16-17
Mark MaguireBoard Mem 15-16/exec 16-17
Kevin HawkinsBoard Mem/exec Comm
Tom KenneyBoard Mem/exec Comm
Al FloresBoard Member
Alan SimpsonBoard Member
Andrew WiltBoard Member
Ann ShawBoard Member
Anna HawkadayBoard Member
Anthony DuncanBoard Member
Bernnay SheffieldBoard Member
Bob BarnesBoard Member
Bob BratcherBoard Member
Brad LomaxBoard Member
Chris LonngrenBoard Member
Christopher BerryBoard Member
Chrystal TamiloBoard Member
David ColeBoard Member
David CortezBoard Member
David DeasonBoard Member
Deborah DonovanBoard Member
Dee HavenBoard Member
Denise VargasBoard Member
Ernest QuilantanBoard Member
Francisco VargasBoard Member
George ColeBoard Member
Gerald StoneBoard Member
Gloria StarlingBoard Member
Greg Den HerderBoard Member
Greg StocktonBoard Member
Harvey KloeselBoard Member
Hoover AlexanderBoard Member
Jay JenkinsonBoard Member
Jessica DelgadoBoard Member
Jim HallersBoard Member
Joey KittrellBoard Member
John GeskeBoard Member
John MooreBoard Member
Jose Pacifico HerasBoard Member
Kyle CitranoBoard Member
Kyle NoonanBoard Member
Larry DelgadoBoard Member
Larry DurrettBoard Member
Larry ForehandBoard Member
Leo Duran SrBoard Member
Lisa PollaskisBoard Member
Mark HornBoard Member
Marty MilesBoard Member
Ralph SheffieldBoard Member
Randy StokesBoard Member
Reginald MartinBoard Member
Rhonda ObenhausBoard Member
Rick GrinnanBoard Member
Rob NeagleBoard Member
Robert BarnesBoard Member
Rodney AndersonBoard Member
Roger LumleyBoard Member
Rosa TorresBoard Member
Roy BaraBoard Member
Ruben Sepulveda JrBoard Member
Russell WalkerBoard Member
Rusty SwansonBoard Member
Ryan GeorgeBoard Member
Scott PlowmanBoard Member
Sharon Van MeterBoard Member
Steve RichmondBoard Member
Tawny WestbrookBoard Member
Terry McburneyBoard Member
Tim CondonBoard Member
Chris MoralesBoard Member 15-16
David ChoyBoard Member 15-16
David ShawBoard Member 15-16
Don StittBoard Member 15-16
Jerry MaddoxBoard Member 15-16
Larry VillinesBoard Member 15-16
Michael BurtonBoard Member 15-16
Sam ShafeeqBoard Member 15-16
Walter CervinBoard Member 15-16
Clayton RhoadesBoard Member 15-16 Exec Comm 16-17
Roger KaplanBoard Member 15-16 Exec Comm 16-17
Balous MillerBoard Member/advisory Coun
Bill DanielBoard Member/advisory Coun
Carmelo MauroBoard Member/advisory Coun
Cathy HarrisonBoard Member/advisory Coun
Hon Mike HamiltonBoard Member/advisory Coun
Jeffrey YarbroughBoard Member/advisory Coun
John MillerBoard Member/advisory Coun
Lisa PeriniBoard Member/advisory Coun
Richard GalvanBoard Member/advisory Coun
Susan HasslocherBoard Member/advisory Coun
Tom PeriniBoard Member/advisory Coun
Jim HasslocherBoard Member/advisory Coun 15-16
John ZendtBoard Member/exec Comm 16-17
Bob WestbrookExec Comm/board Member
Charles DuitExec Comm/board Member
Jonathan HorowitzExec Comm/board Member
Nancy WardExec Comm/board Member
Jerry MoralesPast Pres 15-16 Board Member 16-17
John GessnerExec COM 15-16 Sec/treas 16-17
Don Skeeter MillerExecutive Committee
Gary JohnsonExecutive Committee
Jimmy HasslocherSec/treas 15-16 Vice Pres 16-17
Mark Davis BaileyVice Pres 15-16 Pres Elect 16-17

Highest Paid Contractors

ContractorServicesLocationCompensation
Global Experience Specialists INCTrade Show7000 LINDELL ROAD, Las Vegas, NV 89118$132,000
Revenue and Support

Revenue Composition

Contributions and Grants
$7,000
Program Service Revenue
$4,603,813
Investment Income
$-63,291
Other Revenue
$636,966
All Other Contributions
$7,000
Change in Net Assets
$-678,312

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,184,488
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$487,671
Total Revenue per Audited Statements
$5,672,159
Total Revenue per Form 990
$5,184,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,392,651
Other Expenses$2,470,149
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,154,506
Current Officers, Directors, Trustees, and Key Employees---$636,588
Conferences and Meetings---$626,212
Occupancy---$537,629
Office Expenses---$323,633
Other Employee Benefits---$311,997
Payroll Taxes---$241,282
Travel---$211,488
Advertising---$149,183
Depreciation Depletion---$148,633
Fees for Service Investment Mgmnt Fees---$104,892
Pension Plan Contributions---$48,278
All Other Expenses---$46,626
Insurance---$41,529
Fees for Services Other---$38,928
Other Expenses---$31,942
Fees for Services Accounting---$25,590
Fees for Services Lobbying---$24,792
Fees for Services Legal---$20,022
Interest---$13,458
Information Technology---$11,146
Total Functional Expenses$0$0$0$5,862,800

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,010,801
Expenses per Audited Statements$5,862,800
Total Expenses per Form 990$5,862,800
Expenses Not Reported on Form 990$148,001
Expenses Not Reported on Financial Statements$0
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

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$89,822
Total Nondeductible Lobbying and Political Cost$89,822
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$4,813
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Lisa & tom perini - family relationship gary johnson & jimmy hasslocher - business relationship bob & robert barnes - family and business relationship george & david cole - family relationship jimmy, susan, & jim hasslocher - family and business relationsip mark horn & clayton rhoades - business relationship jim hallers & terry mcburney - business relationship larry & jessica delgado - family relationship francisco & denise vargas - family relationship

Form 990, Part VI, Section A, Line 6

The organization has members.

Form 990, Part VI, Section A, Line 7A

Board members are nominated by the various chapters and the process is overseen by the nominating committee. The nominees are voted on at the annual meeting.

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by the executive committee with the preparing cpa. It is then distributed to the entire board prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to annually disclose or update to the ceo any interest that could give rise to conflicts. The ceo monitors proposed and ongoing transactions for conflicts of interest and discloses to the board if necessary.

Form 990, Part VI, Section B, Line 15A

The evaluation and guidelines committee determines the compensation for the ceo. The ceo determines the compensation for the staff.

Form 990, Part VI, Section C, Line 19

The organization makes governing documents, policies and financial statements available to the public by supplying them upon request.

Filing and Contact Details

Filer

Filer Name
Texas Restaurant Association
EIN
74-0921350
Phone
5124574100
Address
PO BOX 1429, AUSTIN, TX 78767-1429

Signing Officer

Name
Richard Jackson
Title
CEO
Phone
5124574100
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Jackson
Formed
1937
Legal Domicile
TX
Voting Board Members
93
Independent Board Members
93
Employees
66
Volunteers
100

Preparer

Firm
Reynolds & Franke Pc
Address
6850 AUSTIN CENTER BLVD SUITE 100, AUSTIN, TX 78731
Preparer
Ronald H Reynolds
Phone
5122063141
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The most significant tax positions of tra are its assertions that it is exempt from income taxes and its determinations of whether any amounts are subject to unrelated business income tax (ubit). Tra has advertising income and dividend income, which is considered exploited exempt activity income, and the internal revenue service (irs) considers this "business income" unrelated to tra's tax exempt status. The profit from these activities is subject to federal income taxes; however, tra utilized their net operating loss carryforward for the year ended september 30, 2016, and generated net operating losses for the year ended september 30, 2015. Thus, no provision has been included in these combined financial statements as of september 30, 2016 and 2015 for any federal income tax liability that may result from this revenue. All significant tax positions have been considered by management and it has determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Restaurant insurance solutions, inc. Revenue 149,549.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Restaurant insurance solutions, inc. Expenses 148,001.

Raw XML AppendixShowing 400 of 1,277 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.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt390
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt410
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt570
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt600
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt620
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt630
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt640
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt660
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt680
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt690
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt700
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt710
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt720
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt740
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt750
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt760
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt770
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt780
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt790
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt800
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt810
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt820
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt830
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt840
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt850
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt860
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt870
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt880
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt890
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt900

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$2.18$11.0$8.50$6.11$2.39
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$1.75$10.2$6.29$6.18$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$1.85$9.03$6.74$5.49$1.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$2.39$9.53$5.93$5.15$0.78
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.99$3.44$6.56$3.60$4.53$0.93
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$2.57$9.92$5.24$6.46$1.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$2.03$10.9$6.04$6.93$0.89
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$2.28$11.3$5.78$6.26$0.48
2016Detailed filing. Detailed filing data is available for this year.$13.9$2.53$11.4$5.18$5.86$0.68
2015Summary only. Only limited summary data is available for this year.$13.4$1.69$11.7$14.3$5.12$9.14
2014Summary only. Only limited summary data is available for this year.$4.43$1.88$2.56$4.97$4.91$0.07
2013Summary only. Only limited summary data is available for this year.$4.75$2.26$2.49$4.84$4.96$0.11
2012Summary only. Only limited summary data is available for this year.$4.86$2.26$2.60$4.98$4.71$0.28
2011Summary only. Only limited summary data is available for this year.$4.52$2.22$2.30$4.92$4.94$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)6 • $10M-$25M nonprofits