Movability Inc
- Assets
- $445.6k
- Revenue
- $635.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Austin, TX
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-4718583
Organization Overview
Movability Inc, operating under the name Movabilityaustin, is located in Austin, TX. The organization was established in 2011. 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. As of 12/2021, Movabilityaustin employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Movabilityaustin 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 12/2021, Movabilityaustin generated $635.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $464.4k during the year ending 12/2021. While expenses have increased by 9.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
MOVABILITY, INC. ("MOVABILITY") IS A CENTRAL TEXAS TRANSPORTATION MANAGEMENT ASSOCIATION WORKING HAND IN HAND WITH ORGANIZATIONS TO IMPROVE THE REGION'S ECONOMIC VITALITY BY CONNECTING ORGANIZATIONS WITH MOBILITY OPTIONS THAT SAVE TIME AND MONEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MOBILITY CHALLENGE AND MEMBERSHIP: THE COVID 19 PANDEMIC EFFECTED TRADITIONAL PROGRAMS AND SERVICES. IN COOPERATION AND COORDINATION WITH PRIMARY SUPPORTERS, FUNDING WAS REDIRECTED TO BETTER SERVE MEMBERS TO ADDRESS CURRENT NEEDS. THIS INCLUDED THE CREATION OF THE GOGRANT PROGRAM THAT PROVIDED MICRO-GRANTS TO SMALL, DISTRESSED, CUSTOMER-FACING BUSINESSES TO SUPPORT SUSTAINABLE MOBILITY OPTIONS WHICH INCLUDED THE INSTALLATION OF BIKE RACKS AND THE PURCHASE OF TRANSIT PASSES. THE PURPOSE OF THE PROGRAM WAS TO HELP EMPLOYERS RECRUIT AND RETAIN TALENT. OTHER FUNDING WAS REDIRECTED TO GET THERE CENTRAL TEXAS WHICH PROVIDES COMMUTERS INFORMATION ABOUT CARPOOL AND VANPOOL MATCHING, AND ALTERNATIVE MOBILITY OPTIONS THAT ARE AVAILABLE TO THEM. MOVABILITY CONDUCTED SEVERAL RESEARCH PROJECTS TO UNDERSTAND RETURN-TO-WORK INTENTIONS BY EMPLOYERS, AND TO UNDERSTAND WHY PEOPLE WERE TRAVELING DURING THE STAY-AT-HOME ORDERS.
COMMUNICATIONS: MOVABILITY SEEKS TO HELP THE PUBLIC AND CENTRAL TEXAS EMPLOYERS ENVISION NEW TRANSPORTATION SOLUTIONS THROUGH VARIOUS COMMUNICATION CHANNELS, INCLUDING SOCIAL MEDIA, EARNED MEDIA, THE MOVABILITYTX.ORG WEBSITE, AND THE LET'S GO NEWS TWICE MONTHLY NEWSLETTER. THROUGH THESE CHANNELS, MOVABILITY SHARES INFORMATION ABOUT SUCCESSFUL EMPLOYEE COMMUTE PROGRAM AND POLICIES AND SHARES INFORMATION FROM AND ABOUT PARTNERS AND MEMBERS. MOVABILITY HAS A MEMBER ONLY NEWS LETTER, MEMBER LANE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Kay Pfannenstiel Executive Director | Officer | 40 | $100,477 |
Joe Cantalupo Chair | OfficerTrustee | 2 | $0 |
Sandy Guzman Vice Chair | OfficerTrustee | 2 | $0 |
Glenn Lewis Treasurer | OfficerTrustee | 2 | $0 |
Tim Hayden Secretary | OfficerTrustee | 2 | $0 |
Jim Pledger Chair Emeritus | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $290,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $346,850 |
| Total Program Service Revenue | $287,575 |
| Investment income | $146 |
| 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 | $635,278 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $51,996 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $250,926 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,280 |
| Payroll taxes | $22,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,209 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,038 |
| Advertising and promotion | $11,040 |
| Office expenses | $3,039 |
| Information technology | $14,775 |
| Royalties | $0 |
| Occupancy | $31,526 |
| Travel | $4,577 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,125 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,434 |
| All other expenses | $0 |
| Total functional expenses | $464,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,272 |
| Savings and temporary cash investments | $145,019 |
| Pledges and grants receivable | $77,728 |
| 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 | $5,232 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,319 |
| Total assets | $445,570 |
| Accounts payable and accrued expenses | $20,128 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $20,128 |
| Net assets without donor restrictions | $425,442 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $445,570 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Movability Inc has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Austin Dmo Inc Austin, TX PURPOSE: General support | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |