Texas Bar College
- Assets
- $720.4k
- Revenue
- $384.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 08/2002
- Data as of
- 05/2022
- EIN
- 02-0581226
Organization Overview
Texas Bar College is located in Austin, TX. The organization was established in 2002. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Bar College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Texas Bar College generated $384.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $243.3k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COLLEGE RECOGNIZES AND ENCOURAGES LAWYERS WHO MAINTAIN AND ENHANCE THEIR PROFESSIONAL SKILLS AND THE QUALITY OF THEIR SERVICE TO THE PUBLIC BY SIGNIFICANT VOLUNTARY PARTICIPATION IN LEGAL EDUCATION; PROMOTES AMONG MEMBERS OF THE STATE BAR AND THE GENERAL PUBLIC THE EDUCATIONAL AND PUBLIC PURPOSES OF THE COLLEGE AND ITS MEMBERS; RECOGNIZES AND ENCOURAGES OUTSTANDING SERVICE TO THE LEGAL PROFESSION AND TO THE PUBLIC; AND SPONSORS OR OTHERWISE ASSISTS IN EDUCATIONAL ACTIVITIES OF SIGNIFICANT MERIT AND WIDESPREAD RELEVANCE AND APPLICABILITY TO THE LEGAL PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE RECOGNIZES TEXAS LAWYERS WHO HAVE COMPLETED EDUCATIONAL REQUIREMENTS ABOVE AND BEYOND MANDATORY CONTINUING LEGAL EDUCATION REQUIREMENTS OF THE STATE OF TEXAS. FOR FY 2021 THE COLLEGE HAD 4,236 MEMBERS INCLUDING MAINTAINING MEMBERS INITIAL MEMBERS AND REINSTATED MEMBERS. REQUIREMENTS FOR ELIGIBILITY TO JOIN THE COLLEGE ARE A MINIMUM OF 45 HOURS OF CONTINUING LEGAL EDUCATION CLE IN ONE CALENDAR YEAR OR 80 HOURS REPORTED OVER THREE YEARS. TO MAINTAIN MEMBERSHIP MEMBERS MUST REPORT A MINIMUM OF 30 HOURS OF CLE PER YEAR INSTEAD OF THE MINIMUM 15 HOURS TO MAINTAIN THEIR LICENSE TO PRACTICE LAW IN TEXAS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roland Johnson Chair | Officer | 2 | $0 |
Kenda Culpepper Secretary | Officer | 2 | $0 |
Al Harrison Vice-Chair | Officer | 2 | $0 |
Caren Ka Pik Lock Immediate Past Chair | Officer | 1 | $0 |
Michelle Hunter Treasurer | Officer | 2 | $0 |
Hedy Bower Executive Director | Officer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $341,486 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,192 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $383,678 |
| Total Program Service Revenue | $0 |
| Investment income | $833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $384,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,107 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $116,141 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,959 |
| Office expenses | $29,655 |
| Information technology | $3,932 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,812 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,411 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $45,241 |
| Total functional expenses | $243,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,352 |
| Savings and temporary cash investments | $437,834 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,165 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $720,351 |
| Accounts payable and accrued expenses | $13,963 |
| Grants payable | $0 |
| Deferred revenue | $207,573 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $221,536 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $498,815 |
| Total liabilities and net assets/fund balances | $720,351 |
Endowment Analysis
| Beg. Balance | $103,565 |
| Earnings | $186 |
| Net Contributions | $65,523 |
| Ending Balance | $169,274 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Area Contractors Safety Council Pasadena, TX | $102,679,863 | $32,993,689 |
Api Fund For Payroll Education Inc San Antonio, TX | $20,801,740 | $7,778,526 |
Texas Association Of School Business Officials Austin, TX | $13,552,555 | $8,546,890 |
Wellmed Charitable Foundation San Antonio, TX | $5,288,908 | $6,529,021 |
M E B Alliance For Educator Diversity Inc Austin, TX | $22,314,291 | $21,147,131 |
Center For American And International Law Plano, TX | $32,656,244 | $3,952,050 |
Construction Education Foundation Inc Dfw Airport, TX | $1,773,818 | $2,270,031 |
In His Image International Inc Tulsa, OK | $3,455,358 | $3,136,702 |
Rain Drop Foundation Inc Houston, TX | $11,714,066 | $2,130,496 |
Texas Liver Institute Inc San Antonio, TX | $8,384,288 | $2,734,307 |
Marcana Enterprises Inc El Paso, TX | $1,883,533 | $2,963,942 |
Transmit Receive Labs Inc Houston, TX | $1,236,102 | $2,595,127 |