Civic Intelligence

Texas Tech Alumni Association

990 • Fiscal year 2012 • EIN 75-6036607

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 14, 2013

PO Box 4500179409
Siviq Scores

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

Liabilities / Assets

21st percentile

0.04x

Higher debt load relative to assets than 21% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

40th percentile

0.0%

Faster asset growth than 40% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$11,985,808

Up $5,713 (+0.0%) from 2011

Net Assets

Down

$11,522,924

Down $124,869 (-1.1%) from 2011

Liabilities

Up

$462,884

Up $130,582 (+39%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$3,215,641

Down $109,591 (-3.3%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $13,757,565Liabilities 2010: $3,021,538Net Assets 2010: $10,736,0272010Assets 2011: $11,980,095Liabilities 2011: $332,302Net Assets 2011: $11,647,7932011Assets 2012: $11,985,808Liabilities 2012: $462,884Net Assets 2012: $11,522,9242012Assets 2013: $11,778,369Liabilities 2013: $530,776Net Assets 2013: $11,247,5932013Assets 2014: $11,507,760Liabilities 2014: $733,380Net Assets 2014: $10,774,3802014Assets 2015: $10,932,477Liabilities 2015: $770,933Net Assets 2015: $10,161,5442015Assets 2016: $10,066,548Liabilities 2016: $562,853Net Assets 2016: $9,503,6952016Assets 2017: $10,485,461Liabilities 2017: $1,305,714Net Assets 2017: $9,179,7472017Assets 2018: $11,678,522Liabilities 2018: $737,456Net Assets 2018: $10,941,0662018Assets 2019: $15,345,594Liabilities 2019: $3,824,189Net Assets 2019: $11,521,4052019Assets 2020: $17,280,557Liabilities 2020: $3,927,997Net Assets 2020: $13,352,5602020Assets 2021: $17,376,523Liabilities 2021: $3,009,402Net Assets 2021: $14,367,1212021Assets 2022: $17,727,972Liabilities 2022: $2,259,139Net Assets 2022: $15,468,8332022Assets 2023: $19,447,053Liabilities 2023: $1,773,579Net Assets 2023: $17,673,4742023Assets 2024: $19,102,602Liabilities 2024: $1,130,457Net Assets 2024: $17,972,1452024

Highlighted filing

2012

Assets$11,985,808
Liabilities$462,884
Net Assets$11,522,924

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,257,7672010Expenses 2011: $3,325,2322011Expenses 2012: $3,215,6412012Revenue 2013: $3,664,591Expenses 2013: $3,939,922Net Income 2013: -$275,3312013Revenue 2014: $3,713,059Expenses 2014: $4,186,272Net Income 2014: -$473,2132014Revenue 2015: $3,251,090Expenses 2015: $3,841,808Net Income 2015: -$590,7182015Revenue 2016: $3,415,671Expenses 2016: $3,970,160Net Income 2016: -$554,4892016Revenue 2017: $3,188,955Expenses 2017: $3,700,697Net Income 2017: -$511,7422017Revenue 2018: $5,461,302Expenses 2018: $3,886,597Net Income 2018: $1,574,7052018Revenue 2019: $3,912,290Expenses 2019: $3,585,425Net Income 2019: $326,8652019Revenue 2020: $5,530,219Expenses 2020: $3,664,428Net Income 2020: $1,865,7912020Revenue 2021: $4,664,357Expenses 2021: $3,649,796Net Income 2021: $1,014,5612021Revenue 2022: $5,145,018Expenses 2022: $3,993,414Net Income 2022: $1,151,6042022Revenue 2023: $6,427,822Expenses 2023: $4,314,801Net Income 2023: $2,113,0212023Revenue 2024: $4,543,294Expenses 2024: $4,504,272Net Income 2024: $39,0222024

Highlighted filing

2012

Revenue-
Expenses$3,215,641
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 14, 2013
Return Version
2012v2.1
Gross Receipts
$3,411,163
Mission and Program Overview

Mission

The organization cultivates loyalty, tradition, service, and lifelong relationships. Supporting and assisting in the development and increasing of the facilities of texas tech university through (1) encourage & establish scholarships, (2) engage in the advancement of higher education through research and other literary and scientific undertakings and broader education opportunities, (3) award alumni for outstanding work in promoting the welfare of the university, (4) engage in public relations on behalf of the university, (5) assist in keeping records and statistics on graduates and former students of the university, (6) publish an alumni magazine, (7) support local alumni groups or other related organizations or faculty, and (8) to encourage donations to the university.

Major Activities

Activity 2
Scholarships - provide funds to support students in their goals of advancement of higher education and to promote academic recruitment by providing additional funding sources available to students.
Activity 3
Chapter member services - provide funds to support the activities of local alumni groups and other related organizations' efforts at academic recruitment & promotion of the university.
Filing and Contact Details

Filer

EIN
75-6036607
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IRS990/Form990PartVIISectionA/Title19EX-OFFICIO
IRS990/Form990PartVIISectionA/Title20MEMBER
IRS990/Form990PartVIISectionA/Title21MEMBER
IRS990/Form990PartVIISectionA/Title22MEMBER
IRS990/Form990PartVIISectionA/Title23PAST PRESIDE
IRS990/Form990PartVIISectionA/Title24EX OFFICIO
IRS990/Form990PartVIISectionA/Title25MEMBER
IRS990/Form990PartVIISectionA/Title26MEMBER
IRS990/Form990PartVIISectionA/Title27TRUST REPRES
IRS990/Form990PartVIISectionA/Title28MEMBER
IRS990/Form990PartVIISectionA/Title29MEMBER
IRS990/Form990PartVIISectionA/Title30MEMBER
IRS990/Form990PartVIISectionA/Title31MEMBER
IRS990/Form990PartVIISectionA/Title32PRESIDENT
IRS990/Form990PartVIISectionA/Title33SECRETARY &
IRS990/Form990PartVIISectionA/Title34PAST PRESIDE
IRS990/Form990PartVIISectionA/Title35PRESIDENT-EL
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IRS990/Form990-TFiled0true
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IRS990/GrossRents/Real0312524
IRS990/GrossSalesOfInventory015100
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0true
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartIX0X
IRS990/InfoInScheduleOPartVI0X
IRS990/Insurance/ManagementAndGeneral032004
IRS990/Insurance/Total032004
IRS990/InvestmentIncomeCurrentYear050078
IRS990/InvestmentIncome/ExclusionAmount050078
IRS990/InvestmentIncomePriorYear049511
IRS990/InvestmentIncome/TotalRevenueColumn050078
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IRS990/LandBldgEquipmentAccumDeprec02548682
IRS990/LandBuildingsEquipmentBasis08819229
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IRS990/MissionDescription0SUPPORTING AND ASSISTING IN THE DEVELOPMENT AND INCREASING OF THE FACILITIES OF TEXAS TECH UNIVERSITY THROUGH (1) ENCOURAGE & ESTABLISH SCHOLARSHIPS, (2)ENGAGE IN THE ADVANCEMENT OF HIGHER EDUCATION THROUGH RESEARCH AND OTHER LITERARY AND SCIENTIFIC UNDERTAKINGS AND BROADER EDUCATION OPPORTUNITIES, (3) AWARD ALUMNI FOR OUTSTANDING WORK IN PROMOTING THE WELFARE OF THE UNIVERSITY, (4) ENGAGE IN PUBLIC RELATION ON BEHALF OF THE UNIVERSITY, (5) ASSIST IN KEEPING RECORDS AND STATISTICS ON GRADUATES AND FORMER STUDENTS OF THE UNIVERSITY, (6) PUBLISH AN ALUMNI MAGAZINE, (7) SUPPORT LOCAL ALUMNI GROUPS OR OTHER RELATED ORGANIZATIONS OR FACULTY, AND (8) TO ENCOURAGE DONATIONS TO THE UNIVERSITY.
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IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0DAVID LOW
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IRS990/NbrVotingGoverningBodyMembers026
IRS990/NbrVotingMembersGoverningBody026
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IRS990/NetAssetsOrFundBalancesEOY011522924
IRS990/NetIncomeOrLoss/RelatedOrExemptFunctionIncome06997
IRS990/NetIncomeOrLoss/TotalRevenueColumn06997
IRS990/NetRentalIncomeOrLoss/ExclusionAmount0236
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn0236
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IRS990/NumberIndependentVotingMembers026
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IRS990/NumberOfEmployees055
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IRS990/Occupancy/ProgramServices015825
IRS990/Occupancy/Total047727
IRS990/OfficeExpenses/ManagementAndGeneral05050
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$1.13$18.0$4.54$4.50$0.04
2023Detailed filing. Detailed filing data is available for this year.$19.4$1.77$17.7$6.43$4.31$2.11
2022Detailed filing. Detailed filing data is available for this year.$17.7$2.26$15.5$5.15$3.99$1.15
2021Detailed filing. Detailed filing data is available for this year.$17.4$3.01$14.4$4.66$3.65$1.01
2020Detailed filing. Detailed filing data is available for this year.$17.3$3.93$13.4$5.53$3.66$1.87
2019Detailed filing. Detailed filing data is available for this year.$15.3$3.82$11.5$3.91$3.59$0.33
2018Detailed filing. Detailed filing data is available for this year.$11.7$0.74$10.9$5.46$3.89$1.57
2017Detailed filing. Detailed filing data is available for this year.$10.5$1.31$9.18$3.19$3.70$0.51
2016Detailed filing. Detailed filing data is available for this year.$10.1$0.56$9.50$3.42$3.97$0.55
2015Detailed filing. Detailed filing data is available for this year.$10.9$0.77$10.2$3.25$3.84$0.59
2014Detailed filing. Detailed filing data is available for this year.$11.5$0.73$10.8$3.71$4.19$0.47
2013Detailed filing. Detailed filing data is available for this year.$11.8$0.53$11.2$3.66$3.94$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.46$11.5$3.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.33$11.6$3.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$3.02$10.7$3.26