Financial Women In Texas Inc
- Assets
- $94.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 02/2010
- Data as of
- 08/2021
- EIN
- 27-0774398
Organization Overview
Financial Women In Texas Inc is located in Austin, TX. The organization was established in 2010. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Financial Women In Texas Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2021, Financial Women In Texas Inc generated $24.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $34.2k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
NINE LOCAL GROUPS HELD PERIODIC MEETINGS AND THE ASSOCIATION HELD ONE DAY-LONG FORUM FOR MEMBERS. THE 10TH ANNUAL CONFERENCE WAS HELD AT PFUGERVILLE, TEXAS IN SEPTEMBER 2019. DUE TO THE COVID PANDEMIC, THE 11TH CONFERENCE WAS A MINI CONFERENCE HELD IN SEPTEMBER 2020 IN HOUSTON AND THE 12TH ANNUAL CONFERENCE WAS HELD IN HOUSTON IN SEPTEMBER 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Victory President | 2 | $0 | |
Jennifer-Lynn Friesz Treasurer | 2 | $0 | |
Judy Helm Director - M | 0.5 | $0 | |
Shirley Coe Social Media | 1 | $0 | |
T D Winters Austin Group | 0.5 | $0 | |
Tammy Gibbons East Tx Grou | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,373 |
| Membership dues | $16,096 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,043 |
| Other Revenue | $0 |
| Total Revenue | $24,554 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,725 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,153 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,353 |
| Total expenses | $34,231 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,306 |
| Other assets | $0 |
| Total assets | $94,306 |
| Total liabilities | $19,662 |
| Net assets or fund balances | $74,644 |
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