Family And Consumer Sciences Teachers Association Of Texas
- Assets
- $875.2k
- Revenue
- $284.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- 03/1965
- Data as of
- 02/2024
- EIN
- 74-1477589
Organization Overview
Family And Consumer Sciences Teachers Association Of Texas is located in Austin, TX. The organization was established in 1965. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 02/2024, Family And Consumer Sciences Teachers Association Of Texas employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family And Consumer Sciences Teachers Association Of Texas 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 02/2024, Family And Consumer Sciences Teachers Association Of Texas generated $284.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $477.1k during the year ending 02/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO CONTRIBUTE TO THE PROFESSIONAL AND PERSONAL DEVELOPMENT OF MEMBER ECONOMISTS AND TO THE BETTERMENT OF PUBLIC EDUCATION IN TEXAS; TO EXPAND PUBLIC KNOWLEDGE AND UNDERSTANDING OF FAMILY AND CONSUMER SCIENCES EDUCATION AND TO REPRESENT THE PROFESSION AS A WHOLE WHERE THE IMAGE, EXPERTISE AND SCOPE OF FCSTAT PROVE USEFUL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ANNUAL PROFESSIONAL DEVELOPMENT CONFERENCE WITH WORKSHOPS AND GENERAL SESSIONS PRODUCED BY THE FCSTAT STAFF. THE WORKSHOPS AND SESSIONS ARE A MIXTURE OF GENERAL EDUCATIONAL TOPICS, INCLUDING TECHNOLOGY, BUT ARE ALSO SPECIFIC TO FAMILY AND CONSUMER SCIENCES CURRICULUM.
THE LIABILITY INSURANCE IS AN OPTIONAL INSURANCE FOR MEMBERS OF THE ASSOCIATION. THE MEMBERS PURCHASE THE INSURANCE THRU FCSTAT FOR A SMALL ADMINISTRATION FEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marisa Brice Executive Director | 0 | $48,138 | |
Lisa Adams Director | Trustee | 0 | $22,343 |
Savannah Rance Director | Trustee | 0 | $0 |
Sophia Ogunbodede Director | Trustee | 0 | $0 |
Stacey Tanner Director | Trustee | 0 | $0 |
Belinda Marinez Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $75,283 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,589 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,872 |
| Total Program Service Revenue | $163,428 |
| Investment income | $18,093 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,000 |
| 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 | $284,393 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $70,482 |
| Compensation of current officers, directors, key employees. | $70,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,533 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,325 |
| Advertising and promotion | $1,476 |
| Office expenses | $18,766 |
| Information technology | $8,172 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $116,503 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140,634 |
| Insurance | $4,451 |
| All other expenses | $6,406 |
| Total functional expenses | $477,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,144 |
| Savings and temporary cash investments | $100,000 |
| 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 | $10,013 |
| Net Land, buildings, and equipment | $208,404 |
| Investments—publicly traded securities | $424,637 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2 |
| Total assets | $875,200 |
| Accounts payable and accrued expenses | $4,542 |
| 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 | $4,542 |
| 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 | $870,658 |
| Total liabilities and net assets/fund balances | $875,200 |