Civic Intelligence

Texas Congress of Parents and Teachers

990 • Fiscal year 2023 • EIN 74-1054403

Aug 01, 2022 to Jul 31, 2023 • Filed on Feb 29, 2024

408 West 11th StreetAustin, TX 78701

(512) 476-6769

Siviq Scores

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

Liabilities / Assets

47th percentile

0.16x

Higher debt load relative to assets than 47% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.62x

Higher debt load relative to revenue than 71% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

58th percentile

$203,249

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

43rd percentile

2.0%

Faster revenue growth than 43% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$10,803,369

Up $1,035,318 (+11%) from 2022

Net Assets

Up

$9,103,131

Up $577,643 (+6.8%) from 2022

Liabilities

Up

$1,700,238

Up $457,675 (+37%) from 2022

Revenue

Up

$2,760,581

Up $53,770 (+2.0%) from 2022

Expenses

Down

$2,446,336

Down $102,459 (-4.0%) from 2022

Net Income

Up

$314,245

Up $156,229 (+99%) from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $4,696,658Liabilities 2012: $2,440,584Net Assets 2012: $2,256,0742012Assets 2013: $10,557,631Liabilities 2013: $1,916,169Net Assets 2013: $8,641,4622013Assets 2014: $11,199,661Liabilities 2014: $2,676,558Net Assets 2014: $8,523,1032014Assets 2015: $10,301,732Liabilities 2015: $2,101,749Net Assets 2015: $8,199,9832015Assets 2017: $9,021,832Liabilities 2017: $721,220Net Assets 2017: $8,300,6122017Assets 2018: $9,095,311Liabilities 2018: $699,703Net Assets 2018: $8,395,6082018Assets 2019: $9,163,106Liabilities 2019: $847,346Net Assets 2019: $8,315,7602019Assets 2020: $8,939,138Liabilities 2020: $850,861Net Assets 2020: $8,088,2772020Assets 2021: $9,650,412Liabilities 2021: $806,412Net Assets 2021: $8,844,0002021Assets 2022: $9,768,051Liabilities 2022: $1,242,563Net Assets 2022: $8,525,4882022Assets 2023: $10,803,369Liabilities 2023: $1,700,238Net Assets 2023: $9,103,1312023Assets 2024: $10,903,856Liabilities 2024: $1,459,955Net Assets 2024: $9,443,9012024Assets 2025: $10,209Liabilities 2025: $369Net Assets 2025: $9,8402025

Highlighted filing

2023

Assets$10,803,369
Liabilities$1,700,238
Net Assets$9,103,131

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $2,414,752Expenses 2012: $2,324,296Net Income 2012: $90,4562012Revenue 2013: $8,351,425Expenses 2013: $2,189,198Net Income 2013: $6,162,2272013Revenue 2014: $2,347,385Expenses 2014: $2,465,744Net Income 2014: -$118,3592014Revenue 2015: $2,214,938Expenses 2015: $2,366,787Net Income 2015: -$151,8492015Revenue 2017: $1,815,968Expenses 2017: $1,769,170Net Income 2017: $46,7982017Revenue 2018: $2,481,510Expenses 2018: $2,600,442Net Income 2018: -$118,9322018Revenue 2019: $2,578,145Expenses 2019: $2,633,366Net Income 2019: -$55,2212019Revenue 2020: $1,935,721Expenses 2020: $2,208,155Net Income 2020: -$272,4342020Revenue 2021: $2,550,433Expenses 2021: $2,396,099Net Income 2021: $154,3342021Revenue 2022: $2,706,811Expenses 2022: $2,548,795Net Income 2022: $158,0162022Revenue 2023: $2,760,581Expenses 2023: $2,446,336Net Income 2023: $314,2452023Revenue 2024: $2,739,432Expenses 2024: $2,660,666Net Income 2024: $78,7662024Revenue 2025: $68,258Expenses 2025: $60,384Net Income 2025: $7,8742025

Highlighted filing

2023

Revenue$2,760,581
Expenses$2,446,336
Net Income$314,245
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Feb 29, 2024
Return Version
2022v5.0
Gross Receipts
$6,094,103
Mission and Program Overview

Mission

To make every child's potential a reality by engaging and empowering families and communities to advocate for all children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,007,708$4,840,518▼ $167,190
Investments in Publicly Traded Securities$3,168,694$3,436,304▲ $267,610
Cash and Non-Interest-Bearing Accounts$1,383,008$2,239,105▲ $856,097
Prepaid Expenses and Deferred Charges$76,589$87,045▲ $10,456
Accounts Receivable$61,010$9,067▼ $51,943
Inventories for Sale or Use$3,445$4,112▲ $667
Total Assets$9,768,051$10,803,369▲ $1,035,318
Other Assets Total$67,597$187,218▲ $119,621
Liabilities
Other Liabilities$871,716$1,300,741▲ $429,025
Accounts Payable and Accrued Expenses$365,563$383,384▲ $17,821
Deferred Revenue$5,284$16,113▲ $10,829
Total Liabilities$1,242,563$1,700,238▲ $457,675
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,154,711$8,732,843▲ $578,132
Net Assets With Donor Restrictions$370,777$370,288▼ $489
Total Net Assets Fund Balance$8,525,488$9,103,131▲ $577,643
Total Liabilities and Net Assets / Fund Balance$9,768,051$10,803,369▲ $1,035,318

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,986,795$1,585,913$5,572,708
Buildings$390,529$155,349$545,878
Other Land Buildings$285,503$113,570$399,073
Equipment$84,174$33,484$117,658
Land$93,517-$93,517

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$851,204-▲ $87,315-$905,692
2022$946,106-▼ $85,081-$851,204
2021$749,394-▲ $234,635$23,367$946,106
2020$731,995-▲ $25,100-$749,394
2019$711,668-▲ $28,125-$731,995
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert K WardExecutive DirectorFT$103,391$99,858$203,249
Michelle JacksonExecutive DirectorFT$56,885$6,894$63,779
Steven E GinsburgFinance DirectorFT$29,275$2,327$31,602

Board Members and Trustees

NameTitle
Marisol RandlePast President-elect
Suzi KennonPresident
Jennifer EasleyPresident-elect
Adrian HicksDirector
Andy BurnfieldDirector
Karen BurnellDirector
Lizeth LociceroDirector
Nancy RangelDirector
Risa GintherDirector
Sarah SantillanesPast Director
Tiffany RogersSecretary
Kim BelewTreasurer
Heidi PecoyVP Field Service
Kelley ThomasVP Leadership
Georgia StricklandVP Membership
Melinda SambersonVP Programs & Resources

Highest Paid Contractors

ContractorServicesLocationCompensation
Hilton AnatoleConference Facility Rental & Services2201 N STEMMONS FREEWAY, Dallas, TX 75207$199,645
Revenue and Support

Revenue Composition

Contributions and Grants
$1,481,625
Program Service Revenue
$739,028
Investment Income
$55,228
Other Revenue
$484,700
All Other Contributions
$17,710
Change in Net Assets
$314,245

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,746,651
Revenue Not Reported on Financial Statements
$13,930
Revenue Not Reported on Form 990
$268,398
Total Revenue per Audited Statements
$3,015,049
Total Revenue per Form 990
$2,760,581
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,411,160
Salaries, Compensation, and Employee Benefits$1,015,525
Total Fundraising Expense$29,607
Grants and Similar Amounts Paid$19,651
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$458,756$89,513$11,189$559,458
Current Officers, Directors, Trustees, and Key Employees$244,877$47,781$5,973$298,631
Depreciation Depletion$130,905$124,441$4,570$259,916
Office Expenses$64,362$55,822$1,192$121,376
Fees for Services Lobbying$85,011--$85,011
Occupancy$40,867$34,077$757$75,701
Other Employee Benefits$61,798$12,058$1,507$75,363
Fees for Services Other$52,788$10,300$1,287$64,375
Payroll Taxes$51,755$10,098$1,262$63,115
Insurance$23,757$21,852$440$46,049
Other Expenses$43,007--$43,007
All Other Expenses$35,089$44$1$35,134
Conferences and Meetings$2,109$30,335$8$32,452
Fees for Service Investment Mgmnt Fees$9,783$22,088$181$32,052
Travel$1,393$28,877$26$30,296
Fees for Services Accounting$15,015$12,521$278$27,814
Information Technology$12,205$10,177$226$22,608
Advertising$10,701$8,923$198$19,822
Grants to Domestic Individuals$19,651--$19,651
Pension Plan Contributions$15,546$3,033$379$18,958
Fees for Services Legal$7,172$5,980$133$13,285
Total Functional Expenses$1,888,809$527,920$29,607$2,446,336

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,446,336
Total Expenses per Audited Statements$2,437,406
Expenses per Audited Statements$2,432,406
Expenses Not Reported on Financial Statements$13,930
Expenses Not Reported on Form 990$5,000
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
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sep Program Liability$1,158,457
Lease Liability$135,355
Dues Payable$6,956
Payroll Liability$-27
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

During the year the organization amended its bylaws to update the section on dues. Per section 2, annual dues for members shall include an amount for the local pta as determined by the local pta, state dues in the amount of $2.25, and national dues as determined by national pta. Proviso: effective august 1, 2024 state dues will be $2.75 as approved by delegates at the july 2023 annual meeting.

Form 990, Part VI, Section A, Line 6

Section 1. Members. A. Membership in pta shall be open without discrimination to anyone who believes in and supports the mission, purposes and policies of national pta and texas pta. B. The members of texas pta shall be the individual members of local ptas whose names are on file in the texas pta office and for whom the national and state portion of dues have been paid as designated herein. C. Members shall not have the right to vote on any corporate matters or have any of the statutory rights of "members" within the meaning of chapter 9, title 32, tex. Rev. Civ. Stat., nonprofit, cooperative, religious and charitable corporations, which governs nonprofit corporations in the state of texas, except as authorized by these bylaws.

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

The board of directors is composed of the officers and seven directors-at-large, the members elect the officers and four directors at large at the annual summer meeting in odd numbered years. The officers include a president, president-elect, secretary, treasurer, and four vice presidents.

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

A decision by the board of directors to amend the bylaws must be approved by a vote at the annual meeting with a 2/3 vote of those present and voting.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the executive director and finance director prior to the form being filed.

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

The board is provided training on board policies including the conflict of interest policy. The president and the executive director monitor board members for any conflicts, and it is the responsibility of the board member to bring any conflicts forward immediately.

Form 990, Part VI, Section B, Line 15

The hr committee uses industry surveys for the executive director and a salary schedule developed from surveys for key employees.

Form 990, Part VI, Section C, Line 19

The pta's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Texas Congress of Parents and Teachers
EIN
74-1054403
Phone
5124766769
Address
408 WEST 11TH STREET, AUSTIN, TX 78701
Doing Business As
Texas Pta

Signing Officer

Name
Michelle Jackson
Title
Executive Director
Phone
5124766769
Signed
2024-02-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Jackson
Formed
1967
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
15
Volunteers
150

Preparer

Firm
Maxwell Locke & Ritter Llp
Address
401 CONGRESS AVENUE SUITE 1100, AUSTIN, TX 78701-9682
Preparer
Sean Holcomb
Phone
5123703200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process for selecting an independent accountant and oversight of the audit has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

Texas congress of parents and teachers (tcpt) fund is intended to be used to fund scholarships for students and faculty. Ella caruthers porter (ecp) fund is intended to be used for educational purposes including to fund leader training.

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IRS990/Form990PartVIISectionAGrp/PersonNm17STEVEN E GINSBURG
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IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17FINANCE DIRECTOR
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IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEES AND PROGRAM INCOME
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