Civic Intelligence

Tmta Foundation

990 • Fiscal year 2023 • EIN 74-2011910

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 23, 2024

PO Box 6429Austin, TX 78762

(512) 478-2541

Siviq Scores

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

Liabilities / Assets

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.58x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

4th percentile

-84%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

77th percentile

21%

Faster asset growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-52%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,946,526

Up $332,528 (+21%) from 2022

Net Assets

Up

$1,850,436

Up $327,323 (+21%) from 2022

Liabilities

Up

$96,090

Up $5,205 (+5.7%) from 2022

Revenue

Down

$164,919

Down $180,206 (-52%) from 2022

Expenses

Up

$303,247

Up $16,102 (+5.6%) from 2022

Net Income

Down

-$138,328

Down $196,308 (-339%) from 2022

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: $900,788Liabilities 2011: $20,489Net Assets 2011: $880,2992011Assets 2012: $1,031,765Liabilities 2012: $8,068Net Assets 2012: $1,023,6972012Assets 2013: $1,205,250Liabilities 2013: $33,249Net Assets 2013: $1,172,0012013Assets 2014: $1,230,373Liabilities 2014: $44,863Net Assets 2014: $1,185,5102014Assets 2015: $1,236,534Liabilities 2015: $45,583Net Assets 2015: $1,190,9512015Assets 2016: $1,164,360Liabilities 2016: $24,209Net Assets 2016: $1,140,1512016Assets 2017: $1,309,245Liabilities 2017: $23,225Net Assets 2017: $1,286,0202017Assets 2018: $1,351,092Liabilities 2018: $54,043Net Assets 2018: $1,297,0492018Assets 2019: $1,592,240Liabilities 2019: $60,121Net Assets 2019: $1,532,1192019Assets 2020: $1,850,010Liabilities 2020: $67,217Net Assets 2020: $1,782,7932020Assets 2021: $2,074,985Liabilities 2021: $55,208Net Assets 2021: $2,019,7772021Assets 2022: $1,613,998Liabilities 2022: $90,885Net Assets 2022: $1,523,1132022Assets 2023: $1,946,526Liabilities 2023: $96,090Net Assets 2023: $1,850,4362023Assets 2024: $2,420,284Liabilities 2024: $253,618Net Assets 2024: $2,166,6662024

Highlighted filing

2023

Assets$1,946,526
Liabilities$96,090
Net Assets$1,850,436

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $132,505Expenses 2011: $93,352Net Income 2011: $39,1532011Expenses 2012: $102,1832012Revenue 2013: $243,387Expenses 2013: $136,866Net Income 2013: $106,5212013Revenue 2014: $275,079Expenses 2014: $206,219Net Income 2014: $68,8602014Revenue 2015: $217,682Expenses 2015: $179,353Net Income 2015: $38,3292015Revenue 2016: $111,095Expenses 2016: $191,268Net Income 2016: -$80,1732016Revenue 2017: $280,987Expenses 2017: $184,350Net Income 2017: $96,6372017Revenue 2018: $408,286Expenses 2018: $213,706Net Income 2018: $194,5802018Revenue 2019: $237,965Expenses 2019: $247,589Net Income 2019: -$9,6242019Revenue 2020: $194,644Expenses 2020: $224,159Net Income 2020: -$29,5152020Revenue 2021: $459,874Expenses 2021: $238,232Net Income 2021: $221,6422021Revenue 2022: $345,125Expenses 2022: $287,145Net Income 2022: $57,9802022Revenue 2023: $164,919Expenses 2023: $303,247Net Income 2023: -$138,3282023Revenue 2024: $315,976Expenses 2024: $278,779Net Income 2024: $37,1972024

Highlighted filing

2023

Revenue$164,919
Expenses$303,247
Net Income-$138,328
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 23, 2024
Return Version
2023v5.0
Gross Receipts
$1,581,536
Mission and Program Overview

Mission

Dispense scholarships and

Dispense scholarships and conduct educational activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,468,928$1,829,933▲ $361,005
Savings and Temporary Cash Investments$88,485$66,445▼ $22,040
Inventories for Sale or Use$18,660$16,272▼ $2,388
Prepaid Expenses and Deferred Charges$10,188$10,611▲ $423
Accounts Receivable$3,750$5,463▲ $1,713
Total Assets$1,613,998$1,946,526▲ $332,528
Other Assets Total$23,987$17,802▼ $6,185
Liabilities
Accounts Payable and Accrued Expenses$50,000$65,250▲ $15,250
Other Liabilities$40,885$30,840▼ $10,045
Total Liabilities$90,885$96,090▲ $5,205
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,481,783$1,805,846▲ $324,063
Net Assets With Donor Restrictions$41,330$44,590▲ $3,260
Total Net Assets Fund Balance$1,523,113$1,850,436▲ $327,323
Total Liabilities and Net Assets / Fund Balance$1,613,998$1,946,526▲ $332,528
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brandon WoodsChairman
Wynne Breeden JrVice-Chairman
Beau BrinsonCommittee Member
Bernie WarrinerCommittee Member
Craig BarkerCommittee Member
David PriceCommittee Member
Dolores WillisCommittee Member
Gene LeeCommittee Member
Greg HughesCommittee Member
India LothCommittee Member
Jay FergusonCommittee Member
John CraddockCommittee Member
John ThomasCommittee Member
Kirsten BarringerCommittee Member
Madison CooperCommittee Member
Mario Sanchez-LaraCommittee Member
Melissa GaytanCommittee Member
Stacy ElmsCommittee Member
Bob McDowellSecretary-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$68,108
Program Service Revenue
$0
Investment Income
$-94,510
Other Revenue
$191,321
All Other Contributions
$51,200
Change in Net Assets
$-138,328

Audited Revenue Reconciliation

Revenue per Audited Statements
$154,783
Revenue Not Reported on Financial Statements
$10,136
Revenue Not Reported on Form 990
$465,651
Total Revenue per Audited Statements
$620,434
Total Revenue per Form 990
$164,919
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$231,245
Other Expenses$72,002
Total Fundraising Expense$9,235
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$231,245--$231,245
Fees for Services Management$0$31,500$9,235$40,735
Fees for Service Investment Mgmnt Fees$0$10,136$0$10,136
Advertising$10,000$0$0$10,000
Fees for Services Other$0$8,825$0$8,825
Conferences and Meetings$0$1,808$0$1,808
Office Expenses$0$498$0$498
Total Functional Expenses$241,245$52,767$9,235$303,247

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$303,247
Expenses per Audited Statements$293,111
Total Expenses per Audited Statements$293,111
Expenses Not Reported on Financial Statements$10,136
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$406,671
Fundraising Direct Expenses$220,118
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Main Event$209,706$209,706$4,166$205,540
Regional Events$196,965$196,965$67,450$129,515
Total Events$406,671$406,671$220,118$186,553
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Income/Expense Auction$15,500
Payable to TXTA$15,340
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
TMTA Foundation
EIN
74-2011910
Phone
5124782541
Address
PO Box 6429, Austin, TX 78762
Doing Business As
TXTA Foundation

Signing Officer

Name
John Esparza
Title
President
Phone
5124782541
Signed
2024-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Esparza
Formed
1978
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
0

Preparer

Firm
Ronald W Meyer PLLC
Address
401 W 15TH ST Suite 850, AUSTIN, TX 78701
Preparer
Ronald W Meyer
Phone
5124764511
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Taxpayer has its management review the Form 990.

Raw XML AppendixShowing 400 of 549 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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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.42$0.25$2.17$0.32$0.28$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.10$1.85$0.16$0.30$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.61$0.09$1.52$0.35$0.29$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.07$0.06$2.02$0.46$0.24$0.22
2020Detailed filing. Detailed filing data is available for this year.$1.85$0.07$1.78$0.19$0.22$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.59$0.06$1.53$0.24$0.25$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.35$0.05$1.30$0.41$0.21$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.31$0.02$1.29$0.28$0.18$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.14$0.11$0.19$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.05$1.19$0.22$0.18$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.23$0.04$1.19$0.28$0.21$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.21$0.03$1.17$0.24$0.14$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.01$1.02$0.10
2011Summary only. Only limited summary data is available for this year.$0.90$0.02$0.88$0.13$0.09$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits