Civic Intelligence

Texas Alpha House Board Inc

990 • Fiscal year 2018 • EIN 74-2257019

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 24, 2018

P O Box 28061Austin, TX 78755

(870) 972-3986

Siviq Scores

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

Liabilities / Assets

40th percentile

0.17x

Higher debt load relative to assets than 40% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

45th percentile

4.62x

Higher debt load relative to revenue than 45% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Net Margin

30th percentile

-31%

Higher net margin than 30% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Asset Growth

51st percentile

-1.2%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-50%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$21,206,881

Down $265,869 (-1.2%) from 2017

Net Assets

Down

$17,501,506

Down $252,040 (-1.4%) from 2017

Liabilities

Down

$3,705,375

Down $13,829 (-0.4%) from 2017

Revenue

Down

$801,172

Down $799,080 (-50%) from 2017

Expenses

Up

$1,053,212

Up $346,495 (+49%) from 2017

Net Income

Down

-$252,040

Down $1,145,575 (-128%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $1,022,785Liabilities 2011: $800,693Net Assets 2011: $222,0922011Assets 2012: $995,632Liabilities 2012: $853,738Net Assets 2012: $141,8942012Assets 2013: $1,091,509Liabilities 2013: $128Net Assets 2013: $1,091,3812013Assets 2014: $3,042,092Liabilities 2014: $1,902,705Net Assets 2014: $1,139,3872014Assets 2015: $9,234,905Liabilities 2015: $8,913Net Assets 2015: $9,225,9922015Assets 2016: $19,508,809Liabilities 2016: $2,755,798Net Assets 2016: $16,753,0112016Assets 2017: $21,472,750Liabilities 2017: $3,719,204Net Assets 2017: $17,753,5462017Assets 2018: $21,206,881Liabilities 2018: $3,705,375Net Assets 2018: $17,501,5062018Assets 2019: $20,608,697Liabilities 2019: $3,501,494Net Assets 2019: $17,107,2032019Assets 2020: $19,762,306Liabilities 2020: $3,347,629Net Assets 2020: $16,414,6772020Assets 2021: $19,099,477Liabilities 2021: $3,215,322Net Assets 2021: $15,884,1552021Assets 2022: $18,450,757Liabilities 2022: $3,082,088Net Assets 2022: $15,368,6692022Assets 2023: $17,895,997Liabilities 2023: $2,917,958Net Assets 2023: $14,978,0392023Assets 2024: $17,241,081Liabilities 2024: $2,712,673Net Assets 2024: $14,528,4082024

Highlighted filing

2018

Assets$21,206,881
Liabilities$3,705,375
Net Assets$17,501,506

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $1,040,338Expenses 2011: $835,948Net Income 2011: $204,3902011Revenue 2012: $272,821Expenses 2012: $353,019Net Income 2012: -$80,1982012Revenue 2013: $1,307,173Expenses 2013: $357,686Net Income 2013: $949,4872013Revenue 2014: $562,961Expenses 2014: $506,455Net Income 2014: $56,5062014Revenue 2015: $8,412,532Expenses 2015: $325,927Net Income 2015: $8,086,6052015Revenue 2016: $8,434,551Expenses 2016: $907,532Net Income 2016: $7,527,0192016Revenue 2017: $1,600,252Expenses 2017: $706,717Net Income 2017: $893,5352017Revenue 2018: $801,172Expenses 2018: $1,053,212Net Income 2018: -$252,0402018Revenue 2019: $633,968Expenses 2019: $1,028,271Net Income 2019: -$394,3032019Revenue 2020: $524,790Expenses 2020: $1,071,448Net Income 2020: -$546,6582020Revenue 2021: $509,000Expenses 2021: $1,039,522Net Income 2021: -$530,5222021Revenue 2022: $530,000Expenses 2022: $1,045,486Net Income 2022: -$515,4862022Revenue 2023: $600,000Expenses 2023: $990,630Net Income 2023: -$390,6302023Revenue 2024: $576,000Expenses 2024: $1,025,631Net Income 2024: -$449,6312024

Highlighted filing

2018

Revenue$801,172
Expenses$1,053,212
Net Income-$252,040
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 24, 2018
Return Version
2017v2.2
Gross Receipts
$801,172
Mission and Program Overview

Mission

Texas Alpha House Board, Inc. holds and maintains a fraternity house in Austin Texas.

To hold and maintain fraternity house for the benefit of Austin Limestone Management Group, Inc. which provides housing for the Texas Alpha Chapter of Phi Kappa Psi Fraternity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,134,254$20,905,417▼ $228,837
Rtn Earn Endowment Incm Other Fnds$17,753,546$17,501,506▼ $252,040
Accounts Receivable-$159,500-
Cash and Non-Interest-Bearing Accounts$52,418$73,085▲ $20,667
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$21,472,750$21,206,881▼ $265,869
Other Assets Total$286,078$68,879▼ $217,199
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,481,594$3,553,325▲ $71,731
Unsecured Notes Loans Payable$235,000--
Accounts Payable and Accrued Expenses$2,610$152,050▲ $149,440
Total Liabilities$3,719,204$3,705,375▼ $13,829
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,753,546$17,501,506▼ $252,040
Total Liabilities and Net Assets / Fund Balance$21,472,750$21,206,881▼ $265,869

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,594,347$740,665$16,335,012
Land$4,901,976-$4,901,976
Other Land Buildings$409,094$68,183$477,277
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kelly FishPast President
Robert MeyerPresident
Russ KemptonVice President
Bennett GraysonDirector
Bobby BakerDirector
Carl SchuppDirector
Darrell SpauldingDirector
Tim FreemanDirector
Richard JudgeSecretary
Zach RabinovitzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Austin Canyon CorporationContractor2613 Buell Ave D, Austin, TX 78757-
Chris Eve Dunlap DesignsInterior design10910 River Terrace Cir, Austin, TX 78733-
Connolly Architects & ConsArchitect design2414 Exposition Blvd 2, Austin, TX 78703-
Revenue and Support

Revenue Composition

Contributions and Grants
$285,000
Program Service Revenue
$516,000
Investment Income
$172
Other Revenue
$0
All Other Contributions
$285,000
Change in Net Assets
$-252,040
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,024,314
Professional Fundraising Fees$28,898
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$662,184
Interest---$159,124
Fees for Services Professional Fundraising---$28,898
Fees for Services Accounting---$5,597
Fees for Services Legal---$2,296
Other Expenses---$1,382
Conferences and Meetings---$1,351
Office Expenses---$999
Travel---$343
Total Functional Expenses$0$0$0$1,053,212
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$28,898
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Other officer compensation reviewed
No
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, Part VI, Line 11B: Form 990 Review Process

The Form 990 is reviewed by the president, and an electronic copy of the final Form 990 is provided to all board members prior to filing with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Any potential conflicts are presented to the Board and discussed at our annual meeting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request during normal business hours.

Filing and Contact Details

Filer

Filer Name
Texas Alpha House Board Inc
EIN
74-2257019
Phone
8709723986
Address
P O Box 28061, Austin, TX 78755

Signing Officer

Name
John Robert Meyer
Title
President
Signed
2018-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Robert Meyer
Formed
1953
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
40

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027-5132
Preparer
Jody Blazek
Phone
7134395739
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt0999
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0286078
IRS990/OtherAssetsTotalGrp/EOYAmt068879
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Property taxes
IRS990/OtherExpensesGrp/Desc1Repairs & maintenance
IRS990/OtherExpensesGrp/Desc2Storage rental expenses
IRS990/OtherExpensesGrp/TotalAmt0175208
IRS990/OtherExpensesGrp/TotalAmt115830
IRS990/OtherExpensesGrp/TotalAmt21382
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0John Robert Meyer
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0Rental income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0516000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0516000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01592252
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0668447
IRS990/PYProgramServiceRevenueAmt08000
IRS990/PYRevenuesLessExpensesAmt0893535
IRS990/PYTotalExpensesAmt0706717
IRS990/PYTotalProfFndrsngExpnsAmt038270
IRS990/PYTotalRevenueAmt01600252
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-252040
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt017753546
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017501506
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt015594347
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0740665
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016335012
IRS990ScheduleD/LandGrp/BookValueAmt04901976
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04901976
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0409094
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068183
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0477277
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020905417
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Capital campaign
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Pennington & Company Inc
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt028898
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0501 Gateway Dr A
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Lawrence
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0KS
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd066049
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0TX
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/TotalRetainedByContractorsAmt028898
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by the president, and an electronic copy of the final Form 990 is provided to all board members prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Any potential conflicts are presented to the Board and discussed at our annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request during normal business hours.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021472750
IRS990/TotalAssetsEOYAmt021206881
IRS990/TotalAssetsGrp/BOYAmt021472750
IRS990/TotalAssetsGrp/EOYAmt021206881
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0285000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01053212
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03719204
IRS990/TotalLiabilitiesEOYAmt03705375
IRS990/TotalLiabilitiesGrp/BOYAmt03719204
IRS990/TotalLiabilitiesGrp/EOYAmt03705375
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017753546
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017501506
IRS990/TotalProgramServiceRevenueAmt0516000
IRS990/TotalRevenueGrp/ExclusionAmt0172
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0516000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0801172
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021472750
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021206881
IRS990/TravelGrp/TotalAmt0343
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0235000
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0None
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0John Robert Meyer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Texas Alpha House Board Inc
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0742257019
ReturnHeader/Filer/PhoneNum08709723986
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 28061
ReturnHeader/Filer/USAddress/CityNm0Austin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078755
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760269860
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Blazek & Vetterling
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02900 Weslayan Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0770275132

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$2.71$14.5$0.58$1.03$0.45
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$2.92$15.0$0.60$0.99$0.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$3.08$15.4$0.53$1.05$0.52
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.1$3.22$15.9$0.51$1.04$0.53
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$3.35$16.4$0.52$1.07$0.55
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$3.50$17.1$0.63$1.03$0.39
2018Detailed filing. Detailed filing data is available for this year.$21.2$3.71$17.5$0.80$1.05$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$3.72$17.8$1.60$0.71$0.89
2016Detailed filing. Detailed filing data is available for this year.$19.5$2.76$16.8$8.43$0.91$7.53
2015Detailed filing. Detailed filing data is available for this year.$9.23$0.01$9.23$8.41$0.33$8.09
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$1.90$1.14$0.56$0.51$0.06
2013Summary only. Only limited summary data is available for this year.$1.09$0.00$1.09$1.31$0.36$0.95
2012Summary only. Only limited summary data is available for this year.$1.00$0.85$0.14$0.27$0.35$0.08
2011Summary only. Only limited summary data is available for this year.$1.02$0.80$0.22$1.04$0.84$0.20