Civic Intelligence

Texas Bankers Association

990 • Fiscal year 2016 • EIN 75-0602235

Jun 01, 2015 to May 31, 2016 • Filed on Dec 06, 2016

203 West 10th StreetAustin, TX 78701

(512) 472-8388

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.23x

Higher debt load relative to assets than 42% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.35x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Net Margin

65th percentile

8.5%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

71st percentile

$519,092

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2016

Asset Growth

77th percentile

13%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

2.9%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$16,825,479

Up $1,905,953 (+13%) from 2015

Net Assets

Up

$12,914,388

Up $1,405,944 (+12%) from 2015

Liabilities

Up

$3,911,091

Up $500,009 (+15%) from 2015

Revenue

Up

$11,037,227

Up $308,080 (+2.9%) from 2015

Expenses

Up

$10,095,067

Up $442,474 (+4.6%) from 2015

Net Income

Down

$942,160

Down $134,394 (-12%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $9,804,860Liabilities 2011: $2,508,172Net Assets 2011: $7,296,6882011Assets 2012: $10,626,606Liabilities 2012: $2,991,178Net Assets 2012: $7,635,4282012Assets 2013: $11,548,125Liabilities 2013: $2,783,747Net Assets 2013: $8,764,3782013Assets 2014: $12,909,684Liabilities 2014: $2,837,077Net Assets 2014: $10,072,6072014Assets 2015: $14,919,526Liabilities 2015: $3,411,082Net Assets 2015: $11,508,4442015Assets 2016: $16,825,479Liabilities 2016: $3,911,091Net Assets 2016: $12,914,3882016Assets 2017: $17,711,840Liabilities 2017: $4,338,306Net Assets 2017: $13,373,5342017Assets 2018: $17,973,232Liabilities 2018: $4,342,391Net Assets 2018: $13,630,8412018Assets 2019: $19,222,346Liabilities 2019: $5,111,090Net Assets 2019: $14,111,2562019Assets 2020: $17,374,066Liabilities 2020: $3,042,900Net Assets 2020: $14,331,1662020Assets 2021: $18,453,085Liabilities 2021: $3,605,382Net Assets 2021: $14,847,7032021Assets 2022: $29,127,060Liabilities 2022: $13,646,808Net Assets 2022: $15,480,2522022Assets 2023: $41,820,110Liabilities 2023: $25,883,156Net Assets 2023: $15,936,9542023Assets 2024: $41,773,847Liabilities 2024: $25,878,344Net Assets 2024: $15,895,5032024Assets 2025: $44,606,890Liabilities 2025: $29,132,513Net Assets 2025: $15,474,3772025

Highlighted filing

2016

Assets$16,825,479
Liabilities$3,911,091
Net Assets$12,914,388

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $9,110,8242011Expenses 2012: $8,830,1152012Expenses 2013: $8,925,3732013Revenue 2014: $10,197,400Expenses 2014: $9,380,158Net Income 2014: $817,2422014Revenue 2015: $10,729,147Expenses 2015: $9,652,593Net Income 2015: $1,076,5542015Revenue 2016: $11,037,227Expenses 2016: $10,095,067Net Income 2016: $942,1602016Revenue 2017: $10,180,886Expenses 2017: $9,828,060Net Income 2017: $352,8262017Revenue 2018: $9,389,041Expenses 2018: $9,394,731Net Income 2018: -$5,6902018Revenue 2019: $9,669,438Expenses 2019: $9,591,599Net Income 2019: $77,8392019Revenue 2020: $8,357,655Expenses 2020: $8,443,991Net Income 2020: -$86,3362020Revenue 2021: $7,192,533Expenses 2021: $7,596,802Net Income 2021: -$404,2692021Revenue 2022: $9,869,075Expenses 2022: $9,873,673Net Income 2022: -$4,5982022Revenue 2023: $10,180,056Expenses 2023: $9,906,292Net Income 2023: $273,7642023Revenue 2024: $10,121,327Expenses 2024: $10,632,706Net Income 2024: -$511,3792024Revenue 2025: $9,312,328Expenses 2025: $10,746,546Net Income 2025: -$1,434,2182025

Highlighted filing

2016

Revenue$11,037,227
Expenses$10,095,067
Net Income$942,160
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Dec 6, 2016
Return Version
2015v2.0
Gross Receipts
$11,369,909
Mission and Program Overview

Mission

The mission of the texas bankers association is to meet the growing needs of our members with education, information, and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,600,000$7,250,000▼ $1,350,000
Cash and Non-Interest-Bearing Accounts$1,143,883$3,977,768▲ $2,833,885
Investments Other Securities$2,793,956$3,351,855▲ $557,899
Land, Buildings, and Equipment, Net$1,196,158$1,185,048▼ $11,110
Accounts Receivable$994,708$898,854▼ $95,854
Prepaid Expenses and Deferred Charges$120,798$118,624▼ $2,174
Receivables From Officers Etc$31,875$26,438▼ $5,437
Inventories for Sale or Use$15,716$8,897▼ $6,819
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$14,919,526$16,825,479▲ $1,905,953
Other Assets Total$22,432$7,995▼ $14,437
Liabilities
Deferred Revenue$2,398,509$2,568,034▲ $169,525
Accounts Payable and Accrued Expenses$1,012,573$1,343,057▲ $330,484
Total Liabilities$3,411,082$3,911,091▲ $500,009
Net Assets / Fund Balance
Unrestricted Net Assets$11,508,444$12,914,388▲ $1,405,944
Total Net Assets Fund Balance$11,508,444$12,914,388▲ $1,405,944
Total Liabilities and Net Assets / Fund Balance$14,919,526$16,825,479▲ $1,905,953

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$388,845$1,638,359$2,027,204
Other Land Buildings$230,319$885,121$1,115,440
Land$399,370-$399,370
Equipment$166,514$158,477$324,991
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Eric T Sandberg JrPresident & CEOPT$270,623$106,069$376,692
John HeasleyOfficerFT$235,000$73,452$308,452
Kathy E BoxStaffFT$167,487$3,944$208,188
John R BriganceStaffFT$114,499$91,285$198,598
Celeste May EmbreyOfficerFT$150,075$44,200$194,275
Donny R PalmerStaffFT$153,823$49,652$183,039
Heather RuschitzkoStaffFT$127,475$20,034$147,509
Olivia C SolisStaffFT$114,228$17,751$131,979
Wanda K StevensStaff-$14,017$117,688$131,705
Brien G O'ConnorStaff-$136,880$42,961$3,219
Darlia Jan FogartyStaff-$2,735$2,735$2,735
Scott DaughertyStaff-$1,576$1,576$1,576
Latresa M PowellStaff-$1,171$1,171$1,171
Revenue and Support

Revenue Composition

Contributions and Grants
$2,983,076
Program Service Revenue
$5,569,812
Investment Income
$107,063
Other Revenue
$2,377,276
Change in Net Assets
$942,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,216,315
Other Expenses$4,878,752
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,904,975$127,358-$3,032,333
Current Officers, Directors, Trustees, and Key Employees$1,370,123$60,068-$1,430,191
Occupancy$604,906$26,520-$631,426
Pension Plan Contributions$604,304$26,493-$630,797
Royalties$529,190$23,200-$552,390
All Other Expenses$447,785$19,630-$467,415
Information Technology$413,490$18,128-$431,618
Travel$276,571$12,125-$288,696
Depreciation Depletion$235,855$10,340-$246,195
Advertising$221,260$9,700-$230,960
Conferences and Meetings$205,089$8,991-$214,080
Other Expenses$132,397$5,804-$138,201
Other Employee Benefits$117,828$5,166-$122,994
Fees for Services Lobbying$110,898$4,862-$115,760
Insurance$96,861$4,247-$101,108
Office Expenses$19,413$851-$20,264
Fees for Services Accounting$15,807$693-$16,500
Fees for Services Legal$6,125$269-$6,394
Total Functional Expenses$9,671,076$423,991$0$10,095,067
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorStock purchaseNo$130,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$31,875$26,438▼ $5,437
Receivables from Disqualified Persons-$0-
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is reviewed by the Audit Commitee.

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

Each year, officers, directors, and key employees are required to complete a conflict of interest form.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The executive committee reviews the compensation of the officers, including the President.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The executive committee reviews the compensation of the officers, including the President. The President/CEO and the CFO meet with the Department Head and Supervisor to review and approve the salaries of other officers and key employees.

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

Provided upon written request.

Filing and Contact Details

Filer

Filer Name
Texas Bankers Association
EIN
75-0602235
Address
203 West 10th Street, Austin, TX 78701

Signing Officer

Name
J Eric T Sandberg Jr
Title
President
Signed
2016-12-06
Discuss with paid preparer
Yes

Organization Details

Formed
1905
Legal Domicile
TX
Voting Board Members
36
Independent Board Members
35
Employees
55
Volunteers
275

Preparer

Firm
Davis Kinard & Co PC
Address
400 Pine St Ste 600, Abilene, TX 79601
Preparer
Russell Guthrie CPA
Phone
3256724000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: TBA provides wealth management and trust programs to bankers across the state.

Other Changes In Net Assets Or Fund Balances - Other Increases

Gain on Affiliate = $551402

Other Changes In Net Assets Or Fund Balances - Other Decreases

Loss from Subsidiary = -$14437

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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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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4716316
IRS990/Form990PartVIISectionAGrp/PersonNm0Kenneth L Burgess Jr
IRS990/Form990PartVIISectionAGrp/PersonNm1Danny B Butler
IRS990/Form990PartVIISectionAGrp/PersonNm2Ronald D Butler II
IRS990/Form990PartVIISectionAGrp/PersonNm3R Mark Bain
IRS990/Form990PartVIISectionAGrp/PersonNm4Cindy Campbell
IRS990/Form990PartVIISectionAGrp/PersonNm5Timothy J Cooper
IRS990/Form990PartVIISectionAGrp/PersonNm6George G Bruns
IRS990/Form990PartVIISectionAGrp/PersonNm7John L Snider
IRS990/Form990PartVIISectionAGrp/PersonNm8Morris DeFriend
IRS990/Form990PartVIISectionAGrp/PersonNm9Wade C Donnell
IRS990/Form990PartVIISectionAGrp/PersonNm10James D Dreibelbis
IRS990/Form990PartVIISectionAGrp/PersonNm11William David Lacy
IRS990/Form990PartVIISectionAGrp/PersonNm12William C Helms
IRS990/Form990PartVIISectionAGrp/PersonNm13Dean O Bass
IRS990/Form990PartVIISectionAGrp/PersonNm14Robert W Hoxworth
IRS990/Form990PartVIISectionAGrp/PersonNm15R Terry Cullen CTFA
IRS990/Form990PartVIISectionAGrp/PersonNm16Jim R Purcell
IRS990/Form990PartVIISectionAGrp/PersonNm17Joe Quiroga
IRS990/Form990PartVIISectionAGrp/PersonNm18Raymond H Rust III
IRS990/Form990PartVIISectionAGrp/PersonNm19Charlotte M Rasche
IRS990/Form990PartVIISectionAGrp/PersonNm20Gregg Dodds
IRS990/Form990PartVIISectionAGrp/PersonNm21Robert R Franklin Jr
IRS990/Form990PartVIISectionAGrp/PersonNm22Mark S Reiley
IRS990/Form990PartVIISectionAGrp/PersonNm23Reave J Scott
IRS990/Form990PartVIISectionAGrp/PersonNm24Steve Stapp
IRS990/Form990PartVIISectionAGrp/PersonNm25Jesse Lee Haggard III
IRS990/Form990PartVIISectionAGrp/PersonNm26John Holt Jr
IRS990/Form990PartVIISectionAGrp/PersonNm27Robert L Upchurch III
IRS990/Form990PartVIISectionAGrp/PersonNm28J Eric T Sandberg Jr
IRS990/Form990PartVIISectionAGrp/PersonNm29Randy McCurley
IRS990/Form990PartVIISectionAGrp/PersonNm30Gary B Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm31Paul S Moxley
IRS990/Form990PartVIISectionAGrp/PersonNm32Gary P Van Deventer
IRS990/Form990PartVIISectionAGrp/PersonNm33Don R Waters
IRS990/Form990PartVIISectionAGrp/PersonNm34Ms Katherine Rodriguez CPA
IRS990/Form990PartVIISectionAGrp/PersonNm35Cee Yager
IRS990/Form990PartVIISectionAGrp/PersonNm36John Heasley
IRS990/Form990PartVIISectionAGrp/PersonNm37Celeste May Embrey
IRS990/Form990PartVIISectionAGrp/PersonNm38Brien G O'Connor
IRS990/Form990PartVIISectionAGrp/PersonNm39Donny R Palmer
IRS990/Form990PartVIISectionAGrp/PersonNm40John R Brigance
IRS990/Form990PartVIISectionAGrp/PersonNm41Latresa M Powell
IRS990/Form990PartVIISectionAGrp/PersonNm42Scott Daugherty
IRS990/Form990PartVIISectionAGrp/PersonNm43Darlia Jan Fogarty
IRS990/Form990PartVIISectionAGrp/PersonNm44Kathy E Box
IRS990/Form990PartVIISectionAGrp/PersonNm45Heather Ruschitzko
IRS990/Form990PartVIISectionAGrp/PersonNm46Olivia C Solis
IRS990/Form990PartVIISectionAGrp/PersonNm47Wanda K Stevens
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.6$29.1$15.5$9.31$10.7$1.43
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.8$25.9$15.9$10.1$10.6$0.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.8$25.9$15.9$10.2$9.91$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.1$13.6$15.5$9.87$9.87$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$3.61$14.8$7.19$7.60$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$3.04$14.3$8.36$8.44$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$5.11$14.1$9.67$9.59$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.0$4.34$13.6$9.39$9.39$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$4.34$13.4$10.2$9.83$0.35
2016Detailed filing. Detailed filing data is available for this year.$16.8$3.91$12.9$11.0$10.1$0.94
2015Detailed filing. Detailed filing data is available for this year.$14.9$3.41$11.5$10.7$9.65$1.08
2014Detailed filing. Detailed filing data is available for this year.$12.9$2.84$10.1$10.2$9.38$0.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$2.78$8.76$8.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$2.99$7.64$8.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.80$2.51$7.30$9.11
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)6 • $10M-$25M nonprofits