Dallas Chapter Of The Texas Society Of Certified Public Accountants Co
- Assets
- $943.6k
- Revenue
- $142.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/1974
- Data as of
- 05/2021
- EIN
- 23-7398300
Organization Overview
Dallas Chapter Of The Texas Society Of Certified Public Accountants Co, operating under the name Continuing Education Corp, is located in Dallas, TX. The organization was established in 1974. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. Continuing Education Corp 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 05/2021, Continuing Education Corp generated $142.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $98.9k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (27.6%) per year over the past 4 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CHAPTER IS TO ELEVATE THE STANDARD OF PROFICIENCY, INTEGRITY AND CHARACTER OF THE PROFESSION; TO CULTIVATE PROFESSIONAL COOPERATION AND SOCIAL INTERACTION AMONG MEMBERS AND PROMOTE COOPERATION WITHIN TXCPA AND OTHER CPA ORGANIZATIONS FOR THE ADVANCEMENT OF THE PROFESSION OF PUBLIC ACCOUNTANCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING EDUCATION OF CPA'S - SEMINARS AND TRAINING SESSIONS IN VARIOUS AREAS OF ACCOUNTANCY INCLUDING AUDIT, TAX, PRACTICE DEVELOPMENT, ETC. DESIGNED TO IMPROVE THE AREAS OF ACCOUNTANCY AND RELATED FIELDS.
SCHOLARSHIPS PAID TO QUALIFYING STUDENTS.
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 |
|---|---|---|---|
Angela Banks Director | Trustee | 1 | $0 |
Brandon Booker Director | Trustee | 1 | $0 |
Margaret Campbell Secretary & Exec Director | OfficerTrustee | 1 | $0 |
Chris Hes Director | Trustee | 1 | $0 |
Max Duplant Chair-Elect | OfficerTrustee | 1 | $0 |
Mitch Perry Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,491 |
| Investment income | $9,517 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,546 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $142,404 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $15,000 |
| 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 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,817 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,778 |
| Advertising and promotion | $0 |
| Office expenses | $7,150 |
| Information technology | $1,543 |
| Royalties | $0 |
| Occupancy | $765 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69,690 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $98,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $90,422 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $67,009 |
| 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 | $0 |
| Investments—publicly traded securities | $719,690 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $66,496 |
| Total assets | $943,617 |
| Accounts payable and accrued expenses | $18,457 |
| Grants payable | $0 |
| Deferred revenue | $55,300 |
| 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 | $73,757 |
| 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 |
| Total liabilities and net assets/fund balances | $869,860 |