Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
EIN 74-6061063 • 501(c)6 • Houston, TX
Profile
To provide continuing professional education for CPAs and networking for financial executives in addition to raising the level of business and public awareness of good financial practices, governance, and leadership skills.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Assets
Up$307,667
Up $83,884 (+37%) from 2023
Liabilities
Up$80,933
Up $79,440 (+5321%) from 2023
Net Assets
Up$226,734
Up $4,444 (+2.0%) from 2023
Revenue
Down$250,996
Down $11,672 (-4.4%) from 2023
Expenses
Down$246,552
Down $36,566 (-13%) from 2023
Net Income
Up$4,444
Up $24,894 (+122%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To provide continuing professional education for CPAs and networking for financial executives in addition to raising the level of business and public awareness of good financial practices, governance, and leadership skills.
Career development programs - Professional development of approximately 200 individuals performing the duties of senior financial and accounting executives.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $216,284 | $288,668 | ▲ $72,384 |
| Rtn Earn Endowment Incm Other Fnds | $222,290 | $226,734 | ▲ $4,444 |
| Accounts Receivable | $1,947 | $11,947 | ▲ $10,000 |
| Prepaid Expenses and Deferred Charges | $5,552 | $7,052 | ▲ $1,500 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $223,783 | $307,667 | ▲ $83,884 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $1,493 | $51,834 | ▲ $50,341 |
| Other Liabilities | - | $29,099 | - |
| Total Liabilities | $1,493 | $80,933 | ▲ $79,440 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $222,290 | $226,734 | ▲ $4,444 |
| Total Liabilities and Net Assets / Fund Balance | $223,783 | $307,667 | ▲ $83,884 |
| Name | Title |
|---|---|
| Andrew Nat | Immediate Past President |
| Allen Gibson | President |
| Mark Peterson | President Elect |
| Alan Gahm | Director (2021 - 2024) |
| Johnnie Williams Ph D | Director (2021 - 2024) |
| Laura Fulton | Director (2021 - 2024) |
| John Briscoe | Director (2022 - 2025) |
| Kristie Ondracek | Director (2022 - 2025) |
| Paul Marsh | Director (2022 - 2025) |
| Joan Lu | Director (2023 - 2026) |
| Tracy Tyler | Director (2023 - 2026) |
| William Dale | Director (2023 - 2026) |
| Rita Carroll | Secretary |
| Kirk Sprunger | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $241,552 |
| Grants and Similar Amounts Paid | $5,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | - | - | - | $121,923 |
| Fees for Services Management | - | - | - | $62,210 |
| Payments to Affiliates | - | - | - | $29,099 |
| Advertising | - | - | - | $12,187 |
| Office Expenses | - | - | - | $11,951 |
| Grants to Domestic Orgs | - | - | - | $5,000 |
| Information Technology | - | - | - | $1,294 |
| Other Expenses | - | - | - | $1,155 |
| Total Functional Expenses | $0 | $0 | $0 | $246,552 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| FEI Scholarship Foundation Golf Tournament | $52,271 | $52,271 | $11,753 | $40,518 |
| Total Events | $52,271 | $52,271 | $23,172 | $29,099 |
| Liability | Amount |
|---|---|
| Due FEI Scholarship Foundation | $29,099 |
“The Form 990 is circulated to Board members for review. Changes identified are incorporated into the return before filing.”
“Form 990, Part VI, Section C, Line 19 - The Form 990, the Financial Statements are provided to the Board. The 990 is circulated to all Board members prior to filing with identified changes incorporated in the return before filing. The financial statements are presented quarterly to the Board for review and analysis. The financials are available to the membership upon request. Other documents concerning governorship and policy are available upon request.”
“Includes FEI National FERF Contribution of $5,000”
“The Chapter applies the modified accrual/cash basis of accounting. The Chapter accrues expenses while it treats Strategic Partner Contributions on a cash basis.”
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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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 11947 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Career development programs - Professional development of approximately 200 individuals performing the duties of senior financial and accounting executives. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 12187 |
| IRS990/AllOtherContributionsAmt | 0 | 6320 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Kirk F Sprunger |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 288668 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 4444 |
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| IRS990/Desc | 0 | Educational and professional development programs through membership. |
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| IRS990/FederatedCampaignsAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director (2021 - 2024) |
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| IRS990/MembershipDuesAmt | 0 | 15945 |
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| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/MissionDesc | 0 | To provide continuing professional education for CPAs and networking for financial executives in addition to raising the level of business and public awareness of good financial practices, governance, and leadership skills. |
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| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 222290 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 226734 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 11951 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
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| IRS990/Organization501cInd | 0 | X |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Bank Service Fees |
| IRS990/OtherExpensesGrp/Desc | 1 | Greater Houston Partnership Membership Dues |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1733 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1155 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 29099 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | 0 |
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| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 5552 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 7052 |
| IRS990/PrincipalOfficerNm | 0 | Kirk Sprunger |
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| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 561499 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Strategic Partner Fees |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 199500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 199500 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
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| IRS990/PYContributionsGrantsAmt | 0 | 67516 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 7150 |
| IRS990/PYInvestmentIncomeAmt | 0 | 152 |
| IRS990/PYOtherExpensesAmt | 0 | 275968 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 195000 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -20450 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 283118 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 262668 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 4444 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 222290 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 226734 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 1 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 29099 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Due FEI Scholarship Foundation |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 29099 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 23172 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | FEI Scholarship Foundation Golf Tournament |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 349 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 349 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 52271 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 52271 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 52271 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 52271 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 29099 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt | 0 | 857 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt | 0 | 857 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 11753 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 11753 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 10213 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 10213 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Form 990 is circulated to Board members for review. Changes identified are incorporated into the return before filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Form 990, Part VI, Section C, Line 19 - The Form 990, the Financial Statements are provided to the Board. The 990 is circulated to all Board members prior to filing with identified changes incorporated in the return before filing. The financial statements are presented quarterly to the Board for review and analysis. The financials are available to the membership upon request. Other documents concerning governorship and policy are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Includes FEI National FERF Contribution of $5,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Chapter applies the modified accrual/cash basis of accounting. The Chapter accrues expenses while it treats Strategic Partner Contributions on a cash basis. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part IX, Line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part XII, Line 1 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | FEI Houston Scholarship Foundation |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 161675255 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(c)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | TX |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | Provide scholarships in the amount of $5,000 ea |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 1321 Antoine Drive |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | Houston |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 77055 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 1 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 223783 |
| IRS990/TotalAssetsEOYAmt | 0 | 307667 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 223783 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 307667 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 51364 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 246552 |
| IRS990/TotalGrossUBIAmt | 0 | 132 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1493 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 80933 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1493 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 80933 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 222290 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 226734 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcGrantAmt | 0 | 0 |
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