Civic Intelligence

Technology Enterpreneurs Exchange

990EZ • Fiscal year 2019 • EIN 76-0648628

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 30, 2021

Organization ProfileTEXCHANGE.ORG
801 E Campbell Road Suite 400Richardson, TX 75081

(214) 377-3700

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

19th percentile

-23%

Faster asset growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

25th percentile

-18%

Faster revenue growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$32,849

Down $9,646 (-23%) from 2018

Net Assets

$32,849

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $32,349 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin87th percentile

Revenue

Down

$60,788

Down $13,717 (-18%) from 2018

Expenses

Down

$38,085

Down $39,005 (-51%) from 2018

Net Income

Up

$22,703

Up $25,288 (+978%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$150K$100K$50K$0Assets 2010: $91,421Liabilities 2010: $12,9482010Assets 2011: $59,718Liabilities 2011: $13,864Net Assets 2011: $45,8542011Assets 2012: $104,966Liabilities 2012: $40,801Net Assets 2012: $64,1652012Assets 2013: $96,434Liabilities 2013: $31,670Net Assets 2013: $64,7642013Assets 2014: $76,902Liabilities 2014: $38,812Net Assets 2014: $38,0902014Assets 2015: $64,669Liabilities 2015: $39,042Net Assets 2015: $25,6272015Assets 2016: $78,979Liabilities 2016: $61,067Net Assets 2016: $17,9122016Assets 2017: $69,233Liabilities 2017: $56,502Net Assets 2017: $12,7312017Assets 2018: $42,495Liabilities 2018: $32,3492018Assets 2019: $32,849Liabilities 2019: $0Net Assets 2019: $32,8492019Assets 2020: $23,551Liabilities 2020: $1,200Net Assets 2020: $22,3512020

Highlighted filing

2019

Assets$32,849
Liabilities$0
Net Assets$32,849
Open 2019 Filing

Operations Trend

Revenue Growth25th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $102,065Expenses 2010: $131,067Net Income 2010: -$29,0022010Revenue 2011: $100,210Expenses 2011: $132,829Net Income 2011: -$32,6192011Revenue 2012: $136,936Expenses 2012: $118,625Net Income 2012: $18,3112012Revenue 2013: $106,278Expenses 2013: $105,679Net Income 2013: $5992013Revenue 2014: $78,269Expenses 2014: $104,943Net Income 2014: -$26,6742014Revenue 2015: $60,174Expenses 2015: $72,637Net Income 2015: -$12,4632015Revenue 2016: $71,769Expenses 2016: $79,484Net Income 2016: -$7,7152016Revenue 2017: $80,152Expenses 2017: $85,333Net Income 2017: -$5,1812017Revenue 2018: $74,505Expenses 2018: $77,090Net Income 2018: -$2,5852018Revenue 2019: $60,788Expenses 2019: $38,085Net Income 2019: $22,7032019Revenue 2020: $11,216Expenses 2020: $21,339Net Income 2020: -$10,1232020

Highlighted filing

2019

Revenue$60,788
Expenses$38,085
Net Income$22,703
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 30, 2021
Return Version
2019v5.0
Gross Receipts
$60,788
Mission and Program Overview

Mission

Technology entrepreneurs exchange (texchange) is a networking organization in texas whose purpose is to bring together business entrepreneurs to exchange ideas and experiences. Texchange's goal is to assist entrepreneurs, foster future entrepreneurs and help businesses become more efficient.

The mission of technology entrepreneurs exchange (texchange) is to help technology entrepreneurs succeed. Texchange brings together founders, investors, technology executives, business leaders, educator and supporting service providers at every stage of building and growing successful ventures. Texchange targets technology executives who build or run maturing startups.

Program Services

DescriptionGrantsExpenses
DALLAS CHAPTER - MEETINGS OF ENTREPRENEURS IN THE TECHNOLOGY INDUSTRY TO FOSTER NETWORKING, BEST PRACTICES, STRATEGIES, AND COMMON INTERESTS.$0$25,947
AUSTIN CHAPTER - MEETINGS OF ENTREPRENEURS IN THE TECHNOLOGY INDUSTRY TO FOSTER NETWORKING, BEST PRACTICES, STRATEGIES, AND COMMON INTERESTS.$0$12,138
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GRANT MCCLENDONAustin Chapter Co-President-$0--
MARC NATHANAustin Chapter Co-President-$0--
CHUCK MAYDallas Chapter President-$0--
SHAWN BOYCEDallas Chapter Treasurer-$0--
TRENT DAVISAustin Chapter Treasurer-$0--
TERRY TOOMEYBoard Member-$0--
SACHI BALABoard Member-$0--
JOE BEARDBoard Member-$0--
PETER BEASLEYBoard Member-$0--
WILL WARRENBoard Member-$0--
KELLY KUBASTABoard Member-$0--
WAYNE MILLSAPBoard Member-$0--
DEBBIE MRAZEKBoard Member-$0--
LIN O'NEILLBoard Member-$0--
ANDY ROLLERBoard Member-$0--
GRETCHEN SEAYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Technology Enterpreneurs Exchange
EIN
76-0648628
Phone
2143773700
Address
801 E CAMPBELL ROAD SUITE 400, RICHARDSON, TX 75081

Signing Officer

Name
Charles May
Title
Board Member
Phone
2143773700
Signed
2021-08-30
Discuss with paid preparer
Yes

Preparer

Firm
Mc CPA Lp
Address
801 E CAMPBELL ROAD STE 400, RICHARDSON, TX 75081
Preparer
Wayne Millsap CPA
Phone
2143773700
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^MEETING EXPENSES;53028|ONLINE SERVICES REFUND;-20474|WEBSITE EXPENSES;1052|INSURANCE;3229^Total;36835^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^ACCOUNTS RECEIVABLE;10778^Total;10778^”

Raw XML Appendix318 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.

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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99991
IRS990ScheduleA/PublicSupportPY509Pct00.9999
IRS990ScheduleA/PublicSupportTotal509Amt0347357
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt060781
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt074494
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt080147
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt071764
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt060171
IRS990ScheduleA/Total509Grp/TotalAmt0347357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt060787
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt074505
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt080152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt071769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt060174
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0347387
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^MEETING EXPENSES;53028|ONLINE SERVICES REFUND;-20474|WEBSITE EXPENSES;1052|INSURANCE;3229^Total;36835^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^ACCOUNTS RECEIVABLE;10778^Total;10778^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
ReasonableCauseExplanation/ExplanationTxt0THE 2019 FORM 990-EZ IS DELINQUENT BECAUSE THE ORGANIZATION EXPERIENCED TURNOVER, AND SUSPENDED ALL ACTIVITIES DURING THE PANDEMIC. AS A RESULT THE 2019 FORM 990 DUE DATE WAS OVERLOOKED. THE ORGANIZATION HAS MET WITH THE TAX PREPARER AND HAS BEEN ASSURED THE DUE DATE WILL BE MET GOING FORWARD. WE REQUEST ANY LATE FILING PENALTY BE WAIVED.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES MAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum02143773700
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TECHNOLOGY ENTERPRENEURS EXCHANGE
ReturnHeader/Filer/BusinessNameControlTxt0TECH
ReturnHeader/Filer/EIN0760648628
ReturnHeader/Filer/PhoneNum02143773700
ReturnHeader/Filer/USAddress/AddressLine1Txt0801 E CAMPBELL ROAD SUITE 400
ReturnHeader/Filer/USAddress/CityNm0RICHARDSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075081
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824542523
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MC CPA LP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0801 E CAMPBELL ROAD STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHARDSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075081
ReturnHeader/PreparerPersonGrp/PhoneNum02143773700
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WAYNE MILLSAP CPA
ReturnHeader/ReturnTs02021-09-16T17:01:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,849
Liabilities
$0
Net assets
$32,849
Revenue
$60,788
Expenses
$38,085
Net income
$22,703
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.22$0.11$0.21$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.61$0.38$0.23
2018Summary only. Only limited summary data is available for this year.$0.42$0.32$0.75$0.77$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.57$0.13$0.80$0.85$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.61$0.18$0.72$0.79$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.39$0.26$0.60$0.73$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.39$0.38$0.78$1.05$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.32$0.65$1.06$1.06$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.41$0.64$1.37$1.19$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.14$0.46$1.00$1.33$0.33
2010Summary only. Only limited summary data is available for this year.$0.91$0.13$1.02$1.31$0.29