Civic Intelligence

Texas Tech Parents Association

990 • Fiscal year 2022 • EIN 75-6024088

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 26, 2023

PO Box 64097Lubbock, TX 79464

(806) 412-4722

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

85th percentile

40%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

74th percentile

24%

Faster asset growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

30%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$451,053

Up $88,098 (+24%) from 2021

Net Assets

Up

$449,288

Up $89,979 (+25%) from 2021

Liabilities

Down

$1,765

Down $1,881 (-52%) from 2021

Revenue

Up

$225,473

Up $52,502 (+30%) from 2021

Expenses

Down

$135,494

Down $5,308 (-3.8%) from 2021

Net Income

Up

$89,979

Up $57,810 (+180%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $176,823Liabilities 2011: $1,274Net Assets 2011: $175,5492011Assets 2012: $211,922Liabilities 2012: $1,274Net Assets 2012: $210,6482012Assets 2013: $232,306Liabilities 2013: $1,274Net Assets 2013: $231,0322013Assets 2014: $244,946Liabilities 2014: $1,274Net Assets 2014: $243,6722014Assets 2015: $304,310Liabilities 2015: $0Net Assets 2015: $304,3102015Assets 2016: $322,278Liabilities 2016: $0Net Assets 2016: $322,2782016Assets 2017: $360,352Liabilities 2017: $0Net Assets 2017: $360,3522017Assets 2018: $378,214Liabilities 2018: $0Net Assets 2018: $378,2142018Assets 2019: $348,683Liabilities 2019: $1,836Net Assets 2019: $346,8472019Assets 2020: $341,860Liabilities 2020: $14,720Net Assets 2020: $327,1402020Assets 2021: $362,955Liabilities 2021: $3,646Net Assets 2021: $359,3092021Assets 2022: $451,053Liabilities 2022: $1,765Net Assets 2022: $449,2882022Assets 2023: $485,424Liabilities 2023: $1,137Net Assets 2023: $484,2872023Assets 2024: $385,401Liabilities 2024: $2,101Net Assets 2024: $383,3002024

Highlighted filing

2022

Assets$451,053
Liabilities$1,765
Net Assets$449,288

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $446,624Expenses 2011: $422,456Net Income 2011: $24,1682011Revenue 2012: $417,399Expenses 2012: $382,300Net Income 2012: $35,0992012Expenses 2013: $235,9122013Revenue 2014: $132,902Expenses 2014: $120,262Net Income 2014: $12,6402014Revenue 2015: $174,155Expenses 2015: $113,517Net Income 2015: $60,6382015Revenue 2016: $175,906Expenses 2016: $157,938Net Income 2016: $17,9682016Revenue 2017: $330,619Expenses 2017: $292,545Net Income 2017: $38,0742017Revenue 2018: $305,987Expenses 2018: $268,490Net Income 2018: $37,4972018Revenue 2019: $132,810Expenses 2019: $164,177Net Income 2019: -$31,3672019Revenue 2020: $87,325Expenses 2020: $107,032Net Income 2020: -$19,7072020Revenue 2021: $172,971Expenses 2021: $140,802Net Income 2021: $32,1692021Revenue 2022: $225,473Expenses 2022: $135,494Net Income 2022: $89,9792022Revenue 2023: $216,615Expenses 2023: $181,616Net Income 2023: $34,9992023Revenue 2024: $179,280Expenses 2024: $280,267Net Income 2024: -$100,9872024

Highlighted filing

2022

Revenue$225,473
Expenses$135,494
Net Income$89,979
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 26, 2023
Return Version
2022v5.0
Gross Receipts
$231,207
Mission and Program Overview

Mission

Encourage and promote parent participation in students' university experience and to provide information to parents regarding the university and its activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$350,245$438,588▲ $88,343
Accounts Receivable$12,344$12,344→ $0
Land, Buildings, and Equipment, Net$366$121▼ $245
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$362,955$451,053▲ $88,098
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,646$1,765▼ $1,881
Total Liabilities$3,646$1,765▼ $1,881
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$359,309$449,288▲ $89,979
Total Net Assets Fund Balance$359,309$449,288▲ $89,979
Total Liabilities and Net Assets / Fund Balance$362,955$451,053▲ $88,098

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$121$2,003$2,124
Compensation and Service Providers

Board Members and Trustees

NameTitle
Linda SwindlingPresident
Stephen Burres IiiVice President
Gayle PierceDirector
Rob DenmanDirector
Debbie GuerraSecretary
Jennifer FreemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$131,884
Program Service Revenue
$80,119
Investment Income
$319
Other Revenue
$13,151
All Other Contributions
$9,699
Change in Net Assets
$89,979
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$81,021
Salaries, Compensation, and Employee Benefits$47,923
Grants and Similar Amounts Paid$6,550
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$44,313$2,067-$46,380
Other Salaries and Wages$44,517--$44,517
Information Technology$6,956--$6,956
Grants to Domestic Orgs$6,550--$6,550
Office Expenses-$4,445-$4,445
Payroll Taxes$3,406--$3,406
Fees for Services Accounting-$3,355-$3,355
Travel$3,215--$3,215
Other Expenses$9,232$3,089-$3,089
Fees for Services Other$2,420--$2,420
Advertising$1,684--$1,684
Depreciation Depletion-$245-$245
Total Functional Expenses$122,293$13,201$0$135,494
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Texas Tech Foundation IncLubbock, TX-Fund Scholarships for Students$6,550
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,885
Fundraising Direct Expenses$5,734
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chapter Fundraising$14,957$14,957$301$14,656
Total Events$14,957$14,957$5,734$9,223
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

All members of the governing body were provided with a complete copy of this form 990 to review prior to the filing of the form.

Form 990, Part VI, Section C, Line 19

The organization makes public its governing documents and form 990 on the organization's web site.

Filing and Contact Details

Filer

Filer Name
Texas Tech Parents Association
EIN
75-6024088
Phone
8064124722
Address
PO BOX 64097, LUBBOCK, TX 79464

Signing Officer

Name
Linda Swindling
Title
President
Signed
2023-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Swindling
Formed
1961
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
4

Preparer

Firm
Melanie C Davis CPA
Address
9702 YORK PL, LUBBOCK, TX 79424
Preparer
Melanie C Davis
Phone
8066981772
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IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0131884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0109460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt083938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt068376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0101265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0494923
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0319
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0202
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0347
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0367
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01407
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018885
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt020841
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03981
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt038311
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt044027
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0126045
IRS990ScheduleA/PublicSupportCY170Pct00.79520
IRS990ScheduleA/PublicSupportPY170Pct00.76610
IRS990ScheduleA/PublicSupportTotal170Amt0494923
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0131884
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0109460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt083938
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068376
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0101265
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0494923
IRS990ScheduleA/TotalSupportAmt0622375
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/OtherLandBuildingsGrp/BookValueAmt0121
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02003
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02124
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0121
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05734
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02779
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02779
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHAPTER FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01191
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01191
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt014957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt014957
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09223
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0561
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0561
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0301
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0301
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0902
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0902
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt06550
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUND SCHOLARSHIPS FOR STUDENTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TEXAS TECH FOUNDATION INC
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 41102
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LUBBOCK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd079409
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS OF THE GOVERNING BODY WERE PROVIDED WITH A COMPLETE COPY OF THIS FORM 990 TO REVIEW PRIOR TO THE FILING OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES PUBLIC ITS GOVERNING DOCUMENTS AND FORM 990 ON THE ORGANIZATION'S WEB SITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TEXAS TECH UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0756024088
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02500 BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LUBBOCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd079409
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0362955
IRS990/TotalAssetsEOYAmt0451053
IRS990/TotalAssetsGrp/BOYAmt0362955

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.$3.85$0.02$3.83$1.79$2.80$1.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.85$0.01$4.84$2.17$1.82$0.35
2022Detailed filing. Detailed filing data is available for this year.$4.51$0.02$4.49$2.25$1.35$0.90
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$0.04$3.59$1.73$1.41$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.15$3.27$0.87$1.07$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.49$0.02$3.47$1.33$1.64$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$0.00$3.78$3.06$2.68$0.37
2017Summary only. Only limited summary data is available for this year.$3.60$0.00$3.60$3.31$2.93$0.38
2016Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$1.76$1.58$0.18
2015Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$1.74$1.14$0.61
2014Detailed filing. Detailed filing data is available for this year.$2.45$0.01$2.44$1.33$1.20$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.01$2.31$2.36
2012Summary only. Only limited summary data is available for this year.$2.12$0.01$2.11$4.17$3.82$0.35
2011Summary only. Only limited summary data is available for this year.$1.77$0.01$1.76$4.47$4.22$0.24