Civic Intelligence

Texas Watch Foundation

990EZ • Fiscal year 2017 • EIN 74-3003338

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

2121 E 6th Street No 201Austin, TX 78702

(512) 381-1111

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

9th percentile

-46%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-44%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

46%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$37,193

Down $29,281 (-44%) from 2016

Net Assets

Down

$37,193

Down $29,281 (-44%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$64,048

Up $20,116 (+46%) from 2016

Expenses

Up

$93,329

Up $49,005 (+111%) from 2016

Net Income

Down

-$29,281

Down $28,889 (-7370%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $48,951Net Assets 2010: $48,9512010Assets 2011: $42,245Net Assets 2011: $42,2452011Assets 2012: $54,104Net Assets 2012: $54,1042012Assets 2013: $56,204Liabilities 2013: $0Net Assets 2013: $56,2042013Assets 2014: $83,394Liabilities 2014: $0Net Assets 2014: $83,3942014Assets 2015: $66,866Liabilities 2015: $0Net Assets 2015: $66,8662015Assets 2016: $66,474Liabilities 2016: $0Net Assets 2016: $66,4742016Assets 2017: $37,193Liabilities 2017: $0Net Assets 2017: $37,1932017Assets 2018: $26,481Liabilities 2018: $0Net Assets 2018: $26,4812018Assets 2019: $37,133Liabilities 2019: $0Net Assets 2019: $37,1332019Assets 2020: $40,326Liabilities 2020: $0Net Assets 2020: $40,3262020

Highlighted filing

2017

Assets$37,193
Liabilities$0
Net Assets$37,193

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $107,670Expenses 2010: $108,145Net Income 2010: -$4752010Revenue 2011: $85,851Expenses 2011: $92,559Net Income 2011: -$6,7082011Revenue 2012: $107,855Expenses 2012: $95,996Net Income 2012: $11,8592012Revenue 2013: $70,575Expenses 2013: $68,475Net Income 2013: $2,1002013Revenue 2014: $114,725Expenses 2014: $87,535Net Income 2014: $27,1902014Revenue 2015: $42,045Expenses 2015: $58,573Net Income 2015: -$16,5282015Revenue 2016: $43,932Expenses 2016: $44,324Net Income 2016: -$3922016Revenue 2017: $64,048Expenses 2017: $93,329Net Income 2017: -$29,2812017Revenue 2018: $36,673Expenses 2018: $47,385Net Income 2018: -$10,7122018Revenue 2019: $41,478Expenses 2019: $30,826Net Income 2019: $10,6522019Revenue 2020: $36,175Expenses 2020: $32,982Net Income 2020: $3,1932020

Highlighted filing

2017

Revenue$64,048
Expenses$93,329
Net Income-$29,281
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$64,048
Mission and Program Overview

Mission

The texas watch foundation is a non-partisan consumer research and education foundation. Texas watch foundation supports legal efforts to improve policyholder and consumer protection.

Program Services

DescriptionGrantsExpenses
RESEARCH ACTIVITIES CONDUCTED ON TEXAS CONSUMER PROTECTION LAWS AND ISSUES. RESEARCH IS COMPILED AND DISSEMINATED TO THE PUBLIC THROUGH PRESS RELEASES AND REPORT PUBLICATION.$0$93,329
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
W CULLEN MCMAHONVice President-$0--
ABBY SANDLINSecretary-$0--
WARE WENDELLExecutive Director-$0--
Filing and Contact Details

Filer

Filer Name
Texas Watch Foundation
EIN
74-3003338
Phone
5123811111
Address
2121 E 6TH STREET NO 201, AUSTIN, TX 78702

Signing Officer

Name
Ware Wendell
Title
Executive Director
Phone
5123811111
Signed
2018-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Wood Johnson Heath Pc
Address
8200 N MOPAC SUITE 110, AUSTIN, TX 78759
Preparer
Perry Heath
Phone
5123438075
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: merchant account expenses. Amount: 1,241. Description: office expense. Amount: 1,744. Description: leased employee expense. Amount: 47,791. Description: telephone expense. Amount: 786. Description: bank service charges. Amount: 60. Total to form 990-ez, line 16: 51,622.

Form 990-ez Part 1 Line 17

Texas watch foundation reimburses texas watch, a related 501(c)(4) entity, for shared costs and expenses. These include rent, leased employees, office, and other applicable expenses. Per the terms of the agreement texas watch provides equal use of office and other applicable expenses to texas watch foundation. The terms of the agreement are subject to annual renewal.

Form 990-ez Part IV

Texas watch foundation reimbursed texas watch, a related 501(c)(4) entity, (74-2881401) for shared facility and leased employee expenses in the amount of $47,791.

Raw XML Appendix173 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum05123811111
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02121 E 6TH STREET SUITE 201
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078702
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IRS990EZ/OccupancyRentUtltsAndMaintAmt019141
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0W CULLEN MCMAHON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ABBY SANDLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WARE WENDELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt051622
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE TEXAS WATCH FOUNDATION IS A NON-PARTISAN CONSUMER RESEARCH AND EDUCATION FOUNDATION. TEXAS WATCH FOUNDATION SUPPORTS LEGAL EFFORTS TO IMPROVE POLICYHOLDER AND CONSUMER PROTECTION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RESEARCH ACTIVITIES CONDUCTED ON TEXAS CONSUMER PROTECTION LAWS AND ISSUES. RESEARCH IS COMPILED AND DISSEMINATED TO THE PUBLIC THROUGH PRESS RELEASES AND REPORT PUBLICATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt093329
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/RelatedOrgSect527OrgInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt093329
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IRS990EZ/TotalRevenueAmt064048
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NONE
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt043932
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt042045
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0114725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt070575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0335325
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62940
IRS990ScheduleA/PublicSupportPY170Pct00.64500
IRS990ScheduleA/PublicSupportTotal170Amt0211067
IRS990ScheduleA/SubstantialContributorsTotAmt0124258
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt064048
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt070575
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0335325
IRS990ScheduleA/TotalSupportAmt0335325
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearAmt04666
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus1Amt02172
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/TotalAmt06838
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IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt018665
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IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt027353
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IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt074664
IRS990ScheduleC/Section4955ManagersTaxAmt00
IRS990ScheduleC/Section4955OrganizationTaxAmt00
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IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt018665
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MERCHANT ACCOUNT EXPENSES. AMOUNT: 1,241. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,744. DESCRIPTION: LEASED EMPLOYEE EXPENSE. AMOUNT: 47,791. DESCRIPTION: TELEPHONE EXPENSE. AMOUNT: 786. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 60. TOTAL TO FORM 990-EZ, LINE 16: 51,622.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TEXAS WATCH FOUNDATION REIMBURSES TEXAS WATCH, A RELATED 501(C)(4) ENTITY, FOR SHARED COSTS AND EXPENSES. THESE INCLUDE RENT, LEASED EMPLOYEES, OFFICE, AND OTHER APPLICABLE EXPENSES. PER THE TERMS OF THE AGREEMENT TEXAS WATCH PROVIDES EQUAL USE OF OFFICE AND OTHER APPLICABLE EXPENSES TO TEXAS WATCH FOUNDATION. THE TERMS OF THE AGREEMENT ARE SUBJECT TO ANNUAL RENEWAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TEXAS WATCH FOUNDATION REIMBURSED TEXAS WATCH, A RELATED 501(C)(4) ENTITY, (74-2881401) FOR SHARED FACILITY AND LEASED EMPLOYEE EXPENSES IN THE AMOUNT OF $47,791.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ PART 1 LINE 17
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ PART IV
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WARE WENDELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05123811111
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXAS WATCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0743003338
ReturnHeader/Filer/PhoneNum05123811111
ReturnHeader/Filer/USAddress/AddressLine1Txt02121 E 6TH STREET NO 201
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078702
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F0F012A67BB2237F3E1C55E33ED3AC3AB4491F81
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AC90C3AF1D6E4F108E71388E11B2359A6F9EE861
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.196.5.66
ReturnHeader/FilingSecurityInformation/IPDt02018-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:47:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742901120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WOOD JOHNSON HEATH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08200 N MOPAC SUITE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078759
ReturnHeader/PreparerPersonGrp/PhoneNum05123438075
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PERRY HEATH
ReturnHeader/ReturnTs02018-11-13T16:51:30-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings