Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.11x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$92,584
No earlier filing loaded for comparison.
Net Assets
$82,784
No earlier filing loaded for comparison.
Liabilities
$9,800
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$151,432
No earlier filing loaded for comparison.
Expenses
$68,648
No earlier filing loaded for comparison.
Net Income
$82,784
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Apr 27, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $151,432
Mission and Program Overview
Mission
Texas innovates has a science and education focus on early stage entrepreneurs in the energy transition space. This includes providing knowledge, educational services, and integrated programs covering commercial and technical topics to enable faster deployment and rapid scaling.
Said organization is organized exclusively for charitable religious educational and scientific purposes including for such purposes the making of distributions to organizations that qualify as exempt organizations described under Section 501c3 of the Internal Revenue Code or corresponding section of any future federal tax code
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 0 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Alexander Rozenfeld | President Treasurer | PT | $0 | - | - |
| Sergio Kapusta | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Texas Innovates
- EIN
- 83-1215395
- Phone
- 8324059618
- Address
- 5000 Gulf Fwy Bldg 4 Room 230, Houston, TX 77023
Signing Officer
- Name
- Alexander Rozenfeld
- Title
- President
- Phone
- 8324059618
- Signed
- 2025-04-27
Supplemental Narrative
Additional Explanations
Schedule O:
“*?ASSETS 60,109.65 Cash:? 4,024.76 Savings: 6,084.89 Investments:? 50,000.00 *?LIABILITIES 9,800.00 Accounts Payable: 2,800.00 Salary Payable:?? 7,000.00 Other Expenses: 68,648.26 IT Services $23.17 Food & Drink $6.95 Food & Drink $3.16 Office & Shipping $19.39 IT Services $2,500.00 Professional Services $21.00 Professional Services $6,215.62 Communication $1,726.30 Travel $6.00 IT Services $1.00 Bills & Utilities $101.82 IT Services $204.42 Travel $18.00 IT Services $272.73 Food & Drink $66.00 Fees & Adjustments $40.00 Recruitment $319.80 Government Filing $39.00 Contractors Anastasia Flamand Contractor $6,000.00 MBIRA, LLC $10,063.90 ONB, LLC $9,000.00 Climate Impact Capital, LLC $32,000.00 NOTE - President, Alexander Rozenfeld, was paid as a service to CIC and was not an Employee”
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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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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | *?ASSETS 60,109.65 Cash:? 4,024.76 Savings: 6,084.89 Investments:? 50,000.00 *?LIABILITIES 9,800.00 Accounts Payable: 2,800.00 Salary Payable:?? 7,000.00 Other Expenses: 68,648.26 IT Services $23.17 Food & Drink $6.95 Food & Drink $3.16 Office & Shipping $19.39 IT Services $2,500.00 Professional Services $21.00 Professional Services $6,215.62 Communication $1,726.30 Travel $6.00 IT Services $1.00 Bills & Utilities $101.82 IT Services $204.42 Travel $18.00 IT Services $272.73 Food & Drink $66.00 Fees & Adjustments $40.00 Recruitment $319.80 Government Filing $39.00 Contractors Anastasia Flamand Contractor $6,000.00 MBIRA, LLC $10,063.90 ONB, LLC $9,000.00 Climate Impact Capital, LLC $32,000.00 NOTE - President, Alexander Rozenfeld, was paid as a service to CIC and was not an Employee |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule O: |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Alexander Rozenfeld |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-27 |
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| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $92,584
- Liabilities
- $9,800
- Net assets
- $82,784
- Revenue
- $151,432
- Expenses
- $68,648
- Net income
- $82,784