Civic Intelligence

Texas Apartment Association Education Foundation

990 • Fiscal year 2017 • EIN 74-3021477

Jun 01, 2016 to May 31, 2017 • Filed on Feb 13, 2018

Organization ProfileWWW.TAA.ORG/MEMBER/EDUFOUNDATION
1011 San Jacinto BlvdAustin, TX 78701

(512) 479-6252

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

52nd percentile

0.11x

Higher debt load relative to revenue than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

96th percentile

$363,052

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 65.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

-11%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$2,146,864

Up $230,876 (+12%) from 2016

Net Assets

Up

$2,085,765

Up $200,511 (+11%) from 2016

Liabilities

Up

$61,099

Up $30,365 (+99%) from 2016

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin87th percentile

Revenue

Down

$551,788

Down $67,144 (-11%) from 2016

Expenses

Up

$351,725

Up $176,391 (+101%) from 2016

Net Income

Down

$200,063

Down $243,535 (-55%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,454,024Liabilities 2012: $9,736Net Assets 2012: $1,444,2882012Assets 2013: $1,565,702Liabilities 2013: $36,043Net Assets 2013: $1,529,6592013Assets 2014: $1,543,424Liabilities 2014: $49,602Net Assets 2014: $1,493,8222014Assets 2015: $1,486,310Liabilities 2015: $41,885Net Assets 2015: $1,444,4252015Assets 2016: $1,915,988Liabilities 2016: $30,734Net Assets 2016: $1,885,2542016Assets 2017: $2,146,864Liabilities 2017: $61,099Net Assets 2017: $2,085,7652017Assets 2018: $1,572,114Liabilities 2018: $62,092Net Assets 2018: $1,510,0222018Assets 2019: $1,314,752Liabilities 2019: $69,809Net Assets 2019: $1,244,9432019Assets 2020: $1,121,514Liabilities 2020: $69,301Net Assets 2020: $1,052,2132020Assets 2021: $996,439Liabilities 2021: $37,278Net Assets 2021: $959,1612021Assets 2022: $802,434Liabilities 2022: $44,020Net Assets 2022: $758,4142022Assets 2023: $873,642Liabilities 2023: $110,273Net Assets 2023: $763,3692023Assets 2024: $896,136Liabilities 2024: $292Net Assets 2024: $895,8442024

Highlighted filing

2017

Assets$2,146,864
Liabilities$61,099
Net Assets$2,085,765
Open 2017 Filing

Operations Trend

Revenue Growth19th percentile

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

$1.0M$500K$0-$500K-$1.0MRevenue 2012: $956,598Expenses 2012: $113,778Net Income 2012: $842,8202012Revenue 2013: $251,571Expenses 2013: $150,809Net Income 2013: $100,7622013Revenue 2014: $160,298Expenses 2014: $196,135Net Income 2014: -$35,8372014Revenue 2015: $124,146Expenses 2015: $173,543Net Income 2015: -$49,3972015Revenue 2016: $618,932Expenses 2016: $175,334Net Income 2016: $443,5982016Revenue 2017: $551,788Expenses 2017: $351,725Net Income 2017: $200,0632017Revenue 2018: $120,064Expenses 2018: $695,744Net Income 2018: -$575,6802018Revenue 2019: $244,835Expenses 2019: $563,737Net Income 2019: -$318,9022019Revenue 2020: $112,959Expenses 2020: $305,057Net Income 2020: -$192,0982020Revenue 2021: $81,283Expenses 2021: $204,300Net Income 2021: -$123,0172021Revenue 2022: $140,264Expenses 2022: $269,521Net Income 2022: -$129,2572022Revenue 2023: $268,135Expenses 2023: $270,101Net Income 2023: -$1,9662023Revenue 2024: $412,003Expenses 2024: $281,876Net Income 2024: $130,1272024

Highlighted filing

2017

Revenue$551,788
Expenses$351,725
Net Income$200,063
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Feb 13, 2018
Return Version
2016v3.0
Gross Receipts
$592,423
Mission and Program Overview

Mission

To provide grants and other assistance to organizations to expand educational programs relating to apartment management

To cultivate talent, promote careers, and fund education for rental housing owners and operators

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$1,005,050-
Pledges and Grants Receivable$551,925$818,718▲ $266,793
Cash and Non-Interest-Bearing Accounts$205,347$166,659▼ $38,688
Savings and Temporary Cash Investments$1,154,300$154,242▼ $1,000,058
Investments Other Securities$2,721--
Land, Buildings, and Equipment, Net$1,695$1,695→ $0
Accounts Receivable-$500-
Total Assets$1,915,988$2,146,864▲ $230,876
Liabilities
Accounts Payable and Accrued Expenses$20,734$61,099▲ $40,365
Grants Payable$10,000--
Total Liabilities$30,734$61,099▲ $30,365
Net Assets / Fund Balance
Unrestricted Net Assets$1,290,029$1,223,747▼ $66,282
Temporarily Rstr Net Assets$595,225$862,018▲ $266,793
Total Net Assets Fund Balance$1,885,254$2,085,765▲ $200,511
Total Liabilities and Net Assets / Fund Balance$1,915,988$2,146,864▲ $230,876

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,695-$1,695
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleOtherTotal
Jeff LowryPast President$363,052$363,052

Board Members and Trustees

NameTitle
Beth Van WinklePast President
Gary BlumbergPast President
Rick GrafPast President
Scott WilderPast President
Tami MartinPresident
Chris Newton-
Cindi ScogginsMember
Kristin SizemoreMember
Amy FunkOfficer at Large
Anthony WonderlyOfficer at Large
Ian MattinglyOfficer at Large
Josh AllenOfficer at Large
Kelley LiserioOfficer at Large
Chris NewtonSecretary
Dave MarcinkowskiTaa Officer
Jackie RhoneTaa Officer
Mark HurleyTaa Officer
Traci HallTaa Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$471,400
Program Service Revenue
$74,050
Investment Income
$1,973
Other Revenue
$4,365
All Other Contributions
$436,400
Change in Net Assets
$200,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$199,568
Salaries, Compensation, and Employee Benefits$120,429
Grants and Similar Amounts Paid$31,728
Total Fundraising Expense$3,953
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$181,033$0$0$181,033
Other Salaries and Wages$35,376$57,624$0$93,000
Grants to Domestic Orgs$26,728--$26,728
Other Employee Benefits$7,893$12,856$0$20,749
Travel$2,510$4,089$3,673$10,272
Payroll Taxes$2,541$4,139$0$6,680
Grants to Domestic Individuals$5,000--$5,000
Conferences and Meetings$1,601$2,608$280$4,489
Office Expenses$1,215$1,979$0$3,194
Fees for Services Legal$183$297$0$480
Information Technology$38$62$0$100
Total Functional Expenses$264,118$83,654$3,953$351,725
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$45,000
Gaming Direct Expenses$40,635
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
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
Filing and Contact Details

Filer

Filer Name
Texas Apartment Association Education Foundation
EIN
74-3021477
Phone
5124796252
Address
1011 SAN JACINTO BLVD, AUSTIN, TX 78701

Signing Officer

Name
Chris Newton
Title
Secretary
Phone
5124796252
Signed
2018-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Newton
Formed
2001
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
22

Preparer

Firm
Allman & Associates Inc
Address
9600 Great Hills Trail Suite 150W, Austin, TX 78759
Preparer
Peter L Allman CPA
Phone
5125023077
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“Dave marcinkowski & jeff lowry have a business relationship.”

Pt VI, Line 11B

“The tax return is presented to the governing body for review, which then votes to approve the return.”

Pt VI, Line 12C

“The conflict of interest policy is provided at the start of the fiscal year to all education foundation board members. The policy is self policing unless taaef is made aware or becomes aware of a potential conflict of interest.”

Pt VI, Line 19

“The organization's governing documents and financial statements are available to the public by written or oral request.”

Financial Statement Notes

Pt X, Line 2

“The most significant tax positions of texas apartment association education foundation (ef) is its determinations of whether any amounts are subject to unrelated business income tax (ubit). Management has determined that ef had no activity subject to ubit in the year ended may 31, 2017. All significant tax positions have been considered by managment and it has determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities.”

Raw XML AppendixShowing 400 of 571 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt020734
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt061099
IRS990/AccountsReceivableGrp/EOYAmt0500
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO CULTIVATE TALENT, PROMOTE CAREERS, AND FUND EDUCATION FOR RENTAL HOUSING OWNERS AND OPERATORS
IRS990/AllOtherContributionsAmt0436400
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CHRIS NEWTON
IRS990/BooksInCareOfDetail/PhoneNum05124796252
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01011 SAN JACINTO BLVD STE 600
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0205347
IRS990/CashNonInterestBearingGrp/EOYAmt0166659
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt0280
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02608
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01601
IRS990/ConferencesMeetingsGrp/TotalAmt04489
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0471400
IRS990/CYGrantsAndSimilarPaidAmt031728
IRS990/CYInvestmentIncomeAmt01973
IRS990/CYOtherExpensesAmt0199568
IRS990/CYOtherRevenueAmt04365
IRS990/CYProgramServiceRevenueAmt074050
IRS990/CYRevenuesLessExpensesAmt0200063
IRS990/CYSalariesCompEmpBnftPaidAmt0120429
IRS990/CYTotalExpensesAmt0351725
IRS990/CYTotalFundraisingExpenseAmt03953
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0551788
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE ORGANIZATION SUPPORTS FORMALIZED TRAINING IN RESIDENTIAL PROPERTY MANAGEMENT AT ALL LEVELS, INCLUDING PROGRAMS AT UNIVERSITIES, COLLEGES, AND COMMUNITY COLLEGES. THIS INCLUDES PROGRAMS IN AUSTIN, SAN ANTONIO AND DENTON.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0259118
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0297
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0183
IRS990/FeesForServicesLegalGrp/TotalAmt0480
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0181033
IRS990/FeesForServicesOtherGrp/TotalAmt0181033
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt175
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1435727
IRS990/Form990PartVIISectionAGrp/PersonNm0TAMI MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm1TRACI HALL
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK HURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVE MARCINKOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm4JACKIE RHONE
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSH ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm6AMY FUNK
IRS990/Form990PartVIISectionAGrp/PersonNm7KELLEY LISERIO
IRS990/Form990PartVIISectionAGrp/PersonNm8IAN MATTINGLY
IRS990/Form990PartVIISectionAGrp/PersonNm9ANTHONY WONDERLY
IRS990/Form990PartVIISectionAGrp/PersonNm10CINDI SCOGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm11KRISTIN SIZEMORE
IRS990/Form990PartVIISectionAGrp/PersonNm12GARY BLUMBERG
IRS990/Form990PartVIISectionAGrp/PersonNm13RICK GRAF
IRS990/Form990PartVIISectionAGrp/PersonNm14JEFF LOWRY
IRS990/Form990PartVIISectionAGrp/PersonNm15BETH VAN WINKLE
IRS990/Form990PartVIISectionAGrp/PersonNm16SCOTT WILDER
IRS990/Form990PartVIISectionAGrp/PersonNm17CHRIS NEWTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14327325
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TAA OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TAA OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TAA OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TAA OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5OFFICER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt6OFFICER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt7OFFICER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt8OFFICER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9OFFICER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0true
IRS990/GamingDirectExpensesAmt040635
IRS990/GamingGrossIncomeAmt045000
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt026728
IRS990/GrantsPayableGrp/BOYAmt010000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt05000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt026728
IRS990/GrantsToDomesticOrgsGrp/TotalAmt026728
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0592423
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt017
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt062
IRS990/InformationTechnologyGrp/ProgramServicesAmt038
IRS990/InformationTechnologyGrp/TotalAmt0100
IRS990/InvestmentIncomeGrp/ExclusionAmt01973
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01973
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02721
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01005050
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01695
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01695
IRS990/LandBldgEquipCostOrOtherBssAmt01695
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS TO EXPAND
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01885254
IRS990/NetAssetsOrFundBalancesEOYAmt02085765
IRS990/NetIncomeFromGamingGrp/ExclusionAmt04365
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt04365
IRS990/NetUnrlzdGainsLossesInvstAmt0448
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01979
IRS990/OfficeExpensesGrp/ProgramServicesAmt01215
IRS990/OfficeExpensesGrp/TotalAmt03194
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012856
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07893
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020749
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt057624
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035376
IRS990/OtherSalariesAndWagesGrp/TotalAmt093000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04139
IRS990/PayrollTaxesGrp/ProgramServicesAmt02541
IRS990/PayrollTaxesGrp/TotalAmt06680
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0551925
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0818718
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHRIS NEWTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION CONFERENCE
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt074050
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING SCHOLARSHIPS AND OTHER ECONOMIC ASSISTANCE TO STUDENTS SEEKING CAREERS IN THE MULTIFAMILY PROPERTY MANAGEMENT FIELD.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt05000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0567175
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt08400
IRS990/PYInvestmentIncomeAmt03706
IRS990/PYOtherExpensesAmt0117601
IRS990/PYOtherRevenueAmt0-20779
IRS990/PYProgramServiceRevenueAmt068830
IRS990/PYRevenuesLessExpensesAmt0443598
IRS990/PYSalariesCompEmpBnftPaidAmt049333
IRS990/PYTotalExpensesAmt0175334
IRS990/PYTotalRevenueAmt0618932
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0200063
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt035000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01154300
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0154242
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt035000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt035000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt045000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt046625
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt043125
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0204750
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: REIMBURSED EXPENSES 2012: 4236. 2013: 3262.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0471400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0567175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt090196
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0119774
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0222405
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01470950
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01973
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03706
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04573
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08717
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt024994
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt074050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt068830
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0142880
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt045000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt078514
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt072281
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt071071
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0281866
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01973
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03706
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04573
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08717
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt024994
IRS990ScheduleA/InvestmentIncomeCYPct00.01300
IRS990ScheduleA/InvestmentIncomePYPct00.01280
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03262
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04236
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07498
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.84070
IRS990ScheduleA/PublicSupportPY509Pct00.83830
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01620946
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt035000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt035000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt046625
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0108125
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0274750
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt065000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt070000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0590450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0651005
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0168710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0192055
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0293476
IRS990ScheduleA/Total509Grp/TotalAmt01895696
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01928188
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01695
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01695
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE MOST SIGNIFICANT TAX POSITIONS OF TEXAS APARTMENT ASSOCIATION EDUCATION FOUNDATION (EF) IS ITS DETERMINATIONS OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT EF HAD NO ACTIVITY SUBJECT TO UBIT IN THE YEAR ENDED MAY 31, 2017. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01695
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/ExplanationIfNoTxt0THE ORGANIZATION'S ONLY GAMING ACTIVITY WAS A RAFFLE. UNDER TEXAS LAW, A QUALIFIED NONPROFIT MAY HOLD RAFFLES WITHOUT OBTAINING A GAMING LICENSE IF THE REVENUES ARE USED TO FURTHER THE ORGANIZATION'S CHARITABLE PURPOSE.
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt040635
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt045000
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt045000
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt04365
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt040635
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt040635
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,146,864
Liabilities
$61,099
Net assets
$2,085,765
Revenue
$551,788
Expenses
$351,725
Net income
$200,063
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$0.41$0.28$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.11$0.76$0.27$0.27$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.04$0.76$0.14$0.27$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.00$0.04$0.96$0.08$0.20$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.07$1.05$0.11$0.31$0.19
2019Summary only. Only limited summary data is available for this year.$1.31$0.07$1.24$0.24$0.56$0.32
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.06$1.51$0.12$0.70$0.58
2017Detailed filing. Detailed filing data is available for this year.$2.15$0.06$2.09$0.55$0.35$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.92$0.03$1.89$0.62$0.18$0.44
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.04$1.44$0.12$0.17$0.05
2014Summary only. Only limited summary data is available for this year.$1.54$0.05$1.49$0.16$0.20$0.04
2013Summary only. Only limited summary data is available for this year.$1.57$0.04$1.53$0.25$0.15$0.10
2012Summary only. Only limited summary data is available for this year.$1.45$0.01$1.44$0.96$0.11$0.84