Texas Law Review Association is located in Austin, TX. The organization was established in 1964. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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 Law Review Association 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 02/2022, Texas Law Review Association generated $181.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $65.7k during the year ending 02/2022. 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
TO SUPPORT THE STUDENT MEMBERS OF THE TEXAS LAW REVIEW OF THE UNIVERSITY OF TEXAS SCHOOL OF LAW. THE PARTICIPATION OF THE MEMBERS THROUGH ATTENDANCE AT THE BANQUET AND CORRESPONDENCE WITH THE STUDENTS DURING THE YEAR GIVES THE STUDENTS IMPORTANT CONTACTS WITH PROMINENT MEMBERS OF THEIR FUTURE PROFESSION. THE FINANCIAL SUPPORT PROVIDED TO THE STUDENTS BY THE ORGANIZATION IS INSTRUMENTAL IN PROVIDING THE FUNDS NECESSARY FOR MANY OF THE STUDENTS TO COMPLETE THEIR EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCRETIONARY SCHOLARSHIPS
BANQUET AWARDS
PUBLISH THE TEXAS LAW REVIEW AND PROVIDE LOANS TO STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hon Gregg Costa Immediate Past President | OfficerTrustee | 1 | $0 |
Gwendolyn Dawson President | OfficerTrustee | 1 | $0 |
Adam T Schramek President-Elect | OfficerTrustee | 1 | $0 |
Taylor Lewis Executive Director/ Secretary | OfficerTrustee | 1 | $0 |
James A Hemphill Treasurer | Officer | 1 | $0 |
Frederick D Junkin Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $33,325 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $21,760 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $55,085 |
Total Program Service Revenue | $63,124 |
Investment income | $15,817 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $47,061 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $181,087 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,866 |
Grants and other assistance to domestic individuals. | $44,500 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $580 |
Advertising and promotion | $0 |
Office expenses | $346 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,165 |
All other expenses | $0 |
Total functional expenses | $65,708 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,621,307 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $159,707 |
Total assets | $1,781,014 |
Accounts payable and accrued expenses | $692 |
Grants payable | $0 |
Deferred revenue | $440,177 |
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 | $440,869 |
Net assets without donor restrictions | $1,340,145 |
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 | $1,781,014 |
Over the last fiscal year, we have identified 1 grants that Texas Law Review Association has recieved totaling $4,000.
Awarding Organization | Amount |
---|---|
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $4,000 |
Organization Name | Assets | Revenue |
---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |