Civic Intelligence

Texas Beta Educational Fund

990 • Fiscal year 2022 • EIN 86-3660081

Jan 01, 2022 to Dec 31, 2022 • Filed on Jan 28, 2023

PO Box 3285Estes Park, CO 80517

(512) 731-4746

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

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

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

Asset Growth

38th percentile

-4.6%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

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

Assets

Down

$468,995

Down $22,687 (-4.6%) from 2021

Net Assets

Down

$468,995

Down $22,687 (-4.6%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$0

Down $491,682 (-100%) from 2021

Expenses

Up

$22,687

Up $22,687 from 2021

Net Income

Down

-$22,687

Down $514,369 (-105%) 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 2021: $491,682Liabilities 2021: $0Net Assets 2021: $491,6822021Assets 2022: $468,995Liabilities 2022: $0Net Assets 2022: $468,9952022

Highlighted filing

2022

Assets$468,995
Liabilities$0
Net Assets$468,995

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $491,682Expenses 2021: $0Net Income 2021: $491,6822021Revenue 2022: $0Expenses 2022: $22,687Net Income 2022: -$22,6872022

Highlighted filing

2022

Revenue$0
Expenses$22,687
Net Income-$22,687
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 28, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

The Texas Beta Educational Fund supports students at the University of Texas with academic scholarships. Recipients are selected by the Board ofDirectors based upon academic achievement or financial need or to support attendance at educational conferences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$440,950$440,953▲ $3
Cash and Non-Interest-Bearing Accounts$50,732$28,042▼ $22,690
Total Assets$491,682$468,995▼ $22,687
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$491,682$468,995▼ $22,687
Total Net Assets Fund Balance$491,682$468,995▼ $22,687
Total Liabilities and Net Assets / Fund Balance$491,682$468,995▼ $22,687
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gregg W YoungPresident
Don RobertsVice President
Michael HarrisVice President and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-22,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,687
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$22,410--$22,410
Office Expenses$277--$277
Total Functional Expenses$22,687$0$0$22,687
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
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 governing body review Part VI line 11

The Board of Directors reviewed and approved the Form 990 prior to filing the return.

Governing documents etc available to public Part VI line 19

Governing documents are available upon request to the organizations Treasurer.

Filing and Contact Details

Filer

Filer Name
Texas Beta Educational Fund
EIN
86-3660081
Address
PO Box 3285, Estes Park, CO 80517

Signing Officer

Name
Michael Harris
Title
Manager
Phone
5127314746
Signed
2023-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregg W Young Director
Formed
2021
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Harris and Company LLC
Address
PO Box 3285, Estes Park, CO 80517
Preparer
Michael Harris CPA
Phone
5127314746
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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/Form990ProvidedToGvrnBodyInd0true
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IRS990/GrantAmt022410
IRS990/GrantsToIndividualsInd0false
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IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
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IRS990/IRPDocumentCnt00
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0863660081
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080517
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455312951
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 3285
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Estes Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080517
ReturnHeader/PreparerPersonGrp/PhoneNum05127314746
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Harris CPA
ReturnHeader/ReturnTs02023-06-21T17:20:31-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Harris
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits