Civic Intelligence

Powering Texans

EIN 99-2838906 • 501(c)6 • Austin, TX

Profile

To promote, develop, establish and maintain the common business interests of its members and full and open competition for electricity markets in lieu of regulated electric utility service in texas and to encourage continued oversight by the state to ensure the success of electric competition

919 Congress Avenue Ste 1350Austin, TX 78701

poweringtexans.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.64x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.44x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

88th percentile

25%

Higher net margin than 88% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$584,092

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 29.2% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$1,398,405

No earlier filing loaded for comparison.

Liabilities

$889,750

No earlier filing loaded for comparison.

Net Assets

$508,655

No earlier filing loaded for comparison.

Revenue

$2,000,655

No earlier filing loaded for comparison.

Expenses

$1,492,000

No earlier filing loaded for comparison.

Net Income

$508,655

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2024: $1,398,405Liabilities 2024: $889,750Net Assets 2024: $508,6552024

Highlighted filing

2024

Assets$1,398,405
Liabilities$889,750
Net Assets$508,655

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0Revenue 2024: $2,000,655Expenses 2024: $1,492,000Net Income 2024: $508,6552024

Highlighted filing

2024

Revenue$2,000,655
Expenses$1,492,000
Net Income$508,655

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 29, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$2,000,655
Mission and Program Overview

Mission

To promote, develop, establish and maintain the common business interests of its members and full and open competition for electricity markets in lieu of regulated electric utility service in texas and to encourage continued oversight by the state to ensure the success of electric competition

To advocate for policies that promote innovation, competition, consumer choice, and reliability in the texas energy sector.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,352,646-
Land, Buildings, and Equipment, Net-$29,644-
Prepaid Expenses and Deferred Charges-$16,000-
Accounts Receivable-$115-
Total Assets$0$1,398,405▲ $1,398,405
Liabilities
Deferred Revenue-$800,000-
Accounts Payable and Accrued Expenses-$89,750-
Total Liabilities$0$889,750▲ $889,750
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$508,655-
Total Net Assets Fund Balance$0$508,655▲ $508,655
Total Liabilities and Net Assets / Fund Balance$0$1,398,405▲ $1,398,405

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$29,644$7,156$36,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Walt BaumCEOFT$440,290$143,802$584,092

Board Members and Trustees

NameTitle
Sano BlockerPresident
Chris MoserSecretary
Mason EmnettTreasurer
Steven SchleimerVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Fp1 StrategiesLobbying3001 WASHINGTON BLVD 7TH FLOOR, Arlington, VA 22201$506,150
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,000,000
Investment Income
$655
Other Revenue
$0
Change in Net Assets
$508,655

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,000,655
Total Revenue per Audited Statements
$2,000,655
Total Revenue per Form 990
$2,000,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$822,265
Salaries, Compensation, and Employee Benefits$669,735
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$584,092
Fees for Services Lobbying---$446,000
Advertising---$226,351
Other Salaries and Wages---$59,321
Fees for Services Accounting---$38,000
Travel---$25,830
Payroll Taxes---$23,587
Fees for Services Legal---$21,215
Payment Travel Entrtnmnt Publicly Ofcl---$14,313
Depreciation Depletion---$7,156
Other Expenses---$4,345
Other Employee Benefits---$2,735
Information Technology---$2,659
Fees for Services Other---$1,600
Office Expenses---$728
Occupancy---$568
Total Functional Expenses$0$0$0$1,492,000

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,492,000
Total Expenses per Audited Statements$1,492,000
Total Expenses per Form 990$1,492,000
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$723,747
Total Nondeductible Lobbying and Political Cost$723,747
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Any partnership, limited liability company, corporation or other legal entity which is a power generation company or other competitive market participant, as approved by the board, that supports the mission of the corporation shall be eligible for membership in the corporation.

Form 990, Page 6, Part VI, Line 7A

The membership elects the board of directors.

Form 990, Page 6, Part VI, Line 7B

The bylaws may be amended only by a supermajority vote of the members of the organization.

Form 990, Page 6, Part VI, Line 11B

A draft of the form 990 is reviewed by the board of directors with the preparing cpa prior to filing.

Form 990, Page 6, Part VI, Line 12C

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of any committee with governing board delegated powers, which is considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the board of directors or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining directors or committee members shall determine if a conflict of interest exists.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation of the organization's top offical includes a written employment contract and approval by the board of directors.

Form 990, Page 6, Part VI, Line 19

Financials, governing docs, etc are available to members upon request.

Filing and Contact Details

Filer

Filer Name
Powering Texans
EIN
99-2838906
Phone
7373018783
Address
919 CONGRESS AVENUE STE 1350, AUSTIN, TX 78701

Signing Officer

Name
Walt Baum
Title
CEO
Phone
5124742082
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walt Baum
Formed
2024
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
2
Volunteers
4

Preparer

Firm
Reynolds & Franke Pc
Address
6836 AUSTIN CENTER BLVD STE 190, AUSTIN, TX 78731
Preparer
Ronald H Reynolds CPA
Phone
5122063141
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote, develop, establish and maintain the common business interests of its members and full and open competition for electricity markets in lieu of regulated electric utility service in texas and to encourage continued oversight by the state to ensure the success of electric competition

Financial Statement Notes

Schedule D, Page 3, Part X

The most significant tax positions of powering texans are its assertion that it is exempt from income taxes and its determination of whether any amounts are subject to unrelated business income tax (ubit). Powering texans had no activity subject to ubit during the year ended december 31, 2024. All significant tax positions have been considered by management and it has determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities.

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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt089750
IRS990/AccountsReceivableGrp/EOYAmt0115
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ADVOCATE FOR POLICIES THAT PROMOTE INNOVATION, COMPETITION, CONSUMER CHOICE, AND RELIABILITY IN THE TEXAS ENERGY SECTOR.
IRS990/AdvertisingGrp/TotalAmt0226351
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/ApplicationPendingInd0X
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0WALT BAUM
IRS990/BooksInCareOfDetail/PhoneNum07373018783
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0919 CONGRESS AVE 1350
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078701
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0584092
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0506150
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt03001 WASHINGTON BLVD 7TH FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ARLINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd022201
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0FP1 STRATEGIES
IRS990/ContractorCompensationGrp/ServicesDesc0LOBBYING
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0655
IRS990/CYOtherExpensesAmt0822265
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02000000
IRS990/CYRevenuesLessExpensesAmt0508655
IRS990/CYSalariesCompEmpBnftPaidAmt0669735
IRS990/CYTotalExpensesAmt01492000
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02000655
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0800000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt07156
IRS990/Desc0THE GOVERNMENTAL AFFAIRS PROGRAM IS FOR TRACKING REGULATIONS AFFECTING POWERING TEXANS AND ITS MEMBERS AND ESTABLISHING AND MAINTAINING RELATIONSHIPS WITH GOVERNMENTAL STAKEHOLDERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt038000
IRS990/FeesForServicesLegalGrp/TotalAmt021215
IRS990/FeesForServicesLobbyingGrp/TotalAmt0446000
IRS990/FeesForServicesOtherGrp/TotalAmt01600
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt030601
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0WALT BAUM
IRS990/Form990PartVIISectionAGrp/PersonNm1SANO BLOCKER
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVEN SCHLEIMER
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRIS MOSER
IRS990/Form990PartVIISectionAGrp/PersonNm4MASON EMNETT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0553491
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02024
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02000655
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt02659
IRS990/InitialReturnInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0655
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0655
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07156
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029644
IRS990/LandBldgEquipCostOrOtherBssAmt036800
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE, DEVELOP, ESTABLISH AND MAINTAIN THE COMMON BUSINESS INTERESTS OF ITS MEMBERS AND FULL AND OPEN COMPETITION FOR ELECTRICITY MARKETS IN LIEU OF REGULATED ELECTRIC UTILITY SERVICE IN TEXAS AND TO ENCOURAGE CONTINUED OVERSIGHT BY THE STATE TO ENSURE THE SUCCESS OF ELECTRIC COMPETITION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt0508655
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0508655
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0568
IRS990/OfficeExpensesGrp/TotalAmt0728
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02735
IRS990/OtherExpensesGrp/Desc0SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/TotalAmt033500
IRS990/OtherExpensesGrp/TotalAmt14345
IRS990/OtherSalariesAndWagesGrp/TotalAmt059321
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt023587
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016000
IRS990/PrincipalOfficerNm0WALT BAUM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02000000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02000000
IRS990/ProgSrvcAccomActy2Grp/Desc0THE PUBLIC & INDUSTRY AFFAIRS PROGRAM IS FOR PROMOTING AND DEVELOPING THE INDUSTRY AS A WHOLE, BUILDING PUBLIC AWARENESS, AND SUPPORTING POWERING TEXANS' POSITIONS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt014313
IRS990/ReconcilationRevenueExpnssAmt0508655
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01352646
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt0760000
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt02000000
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0723747
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0723747
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TaxableAmt0-36253
IRS990ScheduleD/ExpensesSubtotalAmt01492000
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029644
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07156
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt036800
IRS990ScheduleD/RevenueSubtotalAmt02000655
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE MOST SIGNIFICANT TAX POSITIONS OF POWERING TEXANS ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). POWERING TEXANS HAD NO ACTIVITY SUBJECT TO UBIT DURING THE YEAR ENDED DECEMBER 31, 2024. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029644
IRS990ScheduleD/TotalExpensesPerForm990Amt01492000
IRS990ScheduleD/TotalRevenuePerForm990Amt02000655
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02000655
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01492000
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0440290
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount098333
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt030601
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt014868
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WALT BAUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0584092
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE, DEVELOP, ESTABLISH AND MAINTAIN THE COMMON BUSINESS INTERESTS OF ITS MEMBERS AND FULL AND OPEN COMPETITION FOR ELECTRICITY MARKETS IN LIEU OF REGULATED ELECTRIC UTILITY SERVICE IN TEXAS AND TO ENCOURAGE CONTINUED OVERSIGHT BY THE STATE TO ENSURE THE SUCCESS OF ELECTRIC COMPETITION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY PARTNERSHIP, LIMITED LIABILITY COMPANY, CORPORATION OR OTHER LEGAL ENTITY WHICH IS A POWER GENERATION COMPANY OR OTHER COMPETITIVE MARKET PARTICIPANT, AS APPROVED BY THE BOARD, THAT SUPPORTS THE MISSION OF THE CORPORATION SHALL BE ELIGIBLE FOR MEMBERSHIP IN THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BYLAWS MAY BE AMENDED ONLY BY A SUPERMAJORITY VOTE OF THE MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A DRAFT OF THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS WITH THE PREPARING CPA PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF ANY COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHICH IS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OF DIRECTORS OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING DIRECTORS OR COMMITTEE MEMBERS SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP OFFICAL INCLUDES A WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FINANCIALS, GOVERNING DOCS, ETC ARE AVAILABLE TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt01398405
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt01398405
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01492000
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0889750
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0889750
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0508655
IRS990/TotalOtherCompensationAmt030601
IRS990/TotalProgramServiceRevenueAmt02000000
IRS990/TotalReportableCompFromOrgAmt0553491
IRS990/TotalRevenueGrp/ExclusionAmt0655
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02000000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02000655
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01398405
IRS990/TravelGrp/TotalAmt025830
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0919 CONGRESS AVENUE STE 1350
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078701
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0POWERINGTEXANS.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WALT BAUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05124742082
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POWERING TEXANS
ReturnHeader/Filer/BusinessNameControlTxt0POWE
ReturnHeader/Filer/EIN0992838906
ReturnHeader/Filer/PhoneNum07373018783
ReturnHeader/Filer/USAddress/AddressLine1Txt0919 CONGRESS AVENUE STE 1350
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742516372
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REYNOLDS & FRANKE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06836 AUSTIN CENTER BLVD STE 190
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078731
ReturnHeader/PreparerPersonGrp/PhoneNum05122063141
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD H REYNOLDS CPA
ReturnHeader/ReturnTs02025-11-15T17:01:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-04-29
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.