San Antonio Cpa Continuing Education Foundation
- Assets
- $519.6k
- Revenue
- $260.4k
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 05/1978
- Data as of
- 05/2021
- EIN
- 74-1969656
Organization Overview
San Antonio Cpa Continuing Education Foundation is located in San Antonio, TX. The organization was established in 1978. 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. San Antonio Cpa Continuing Education Foundation 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, San Antonio Cpa Continuing Education Foundation generated $260.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $291.1k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 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 FOUNDATION SPONSORS HIGH QUALITY, AFFORDABLE CONTINUING EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CONTINUING EDUCATION SEMINARS FOR 976 INDIVIDUALS.
AWARDED $9,500 IN SCHOLARSHIPS TO 5 STUDENTS. AWARDED $12,000 IN ACADEMIC GIFTS TO THE ACCOUNTING DEPARTMENTS OF 6 AREA UNIVERSITIES.
SPONSORED A VIRTUAL EVENT AND PROVIDED SCHOOL SUPPLIES TO 350 OF SAN ANTONIO'S AT RISK CHILDREN.
JR DUEL IN OL' SAN ANTONIO
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 |
|---|---|---|---|
Mike Meurin President | OfficerTrustee | 1 | $0 |
Bryan Edwards President-Elect | OfficerTrustee | 1 | $0 |
Marina Polanco Secretary/treas | OfficerTrustee | 1 | $0 |
Susan Valdez Vice President | OfficerTrustee | 1 | $0 |
Jeremy Crow Vice President | OfficerTrustee | 1 | $0 |
Ruth Menchaca Olivares Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,371 |
| Investment income | $5,243 |
| 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 | $260,353 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $9,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $33,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,934 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,052 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,484 |
| Information technology | $2,832 |
| Royalties | $0 |
| Occupancy | $41,420 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $245 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,331 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $291,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,650 |
| Savings and temporary cash investments | $482,670 |
| 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 | $4,561 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $519,643 |
| Accounts payable and accrued expenses | $2,048 |
| Grants payable | $0 |
| Deferred revenue | $50,849 |
| 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 | $26,989 |
| Other liabilities | $0 |
| Total liabilities | $79,886 |
| 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 | $439,757 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that San Antonio Cpa Continuing Education Foundation has recieved totaling $7.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Endowment Analysis
| Beg. Balance | $280,041 |
| Earnings | $2,681 |
| Net Contributions | $70,794 |
| Other Expense | $29,517 |
| Grants | $21,500 |
| Ending Balance | $302,499 |
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 |