Austin Area Research Organization Inc
- Assets
- $1.5m
- Revenue
- $946.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Austin, TX
- Founding
- 03/1981
- Data as of
- 12/2023
- EIN
- 74-2148447
Organization Overview
Austin Area Research Organization Inc, operating under the name Aaro, is located in Austin, TX. The organization was established in 1981. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Aaro employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aaro 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 12/2023, Aaro generated $946.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $938.0k during the year ending 12/2023. While expenses have increased by 7.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AARO ENGAGES ITS 122 MEMBERS IN DELIBERATIVE, STRATEGIC ACTIVITIES TO ADVANCE THE LONG-TERMECONOMIC AND SOCIAL WELL-BEING OF CENTRAL TEXAS. IN 2023, AARO ENGAGED ITS MEMBERS IN EFFORTS IN FIVE PRIORITY AREAS: EDUCATION, HEALTH, SOCIAL EQUITY, TRANSPORTATION AND WATER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED INFORMATION ON CRITICAL ISSUES IN 6 PRIORITY AREAS: EDUCATION, HEALTH, SOCIAL EQUITY, TRANSPORTATION, VISION (REGIONALISM) AND WATER BY HOSTING PROGRAMS FEATURING CONTENT EXPERTS AND PROVIDING WRITTEN MATERIALS TO MEMBERS. THIS INCLUDED FIVE MEMBERSHIP MEETINGS AND MORE THAN 50 ISSUE-RELATED MEETINGS IN WHICH MEMBERS WERE FORTIFIED WITH FACTS TO ALLOW THEM TO UNDERSTAND COMPLEX ISSUES AND EDUCATE OTHERS IN THEIR COMMUNITIES ABOUT CRITICAL POLICY ISSUES FACING THE REGION.
LAUNCHED THE ANNUAL CENTRAL TEXAS CATALYST SUMMIT. A PREMIER, BY-INVITATION-ONLY EVENT THAT BROUGHT TOGETHER 150 LEADERS FROM THE SIX-COUNTY REGION WHO ARE ENGAGED IN ADDRESSING POLICY CHALLENGES IMPACTING BUSINESS, GOVERNMENT AND NON-PROFIT INSTITUTIONS AND COMMUNITIES THROUGHOUT THE REGION. A FULL DAY EVENT FACILITATING DISCUSSIONS TOPICS THAT THREAD THROUGH THE MOST PRESSING OF THESE CHALLENGES, FROM HOUSING AND EQUITY TO MOBILITY AND THE ENVIRONMENT. ATTENDEES WERE THE FIRST TO SEE THE ENVISION CENTRAL TEXAS LOOKBACK RESEARCH AND THEY PARTICIPATED IN INTERACTIVE WORKSHOPS, HEARD FROM THOUGHT PROVOKING SPEAKERS AND NETWORKED TO EXPLORE HOW TO MOVE THE NEEDLE FORWARD FOR OUR REGION.
AARO COMMISSIONED A QUALITATIVE AND QUANTITATIVE STUDY THAT, COMBINED, WERE DESIGNED TO DELIVER A COMPREHENSIVE AND INFORMED PERSPECTIVE ON THE INTRICATE DYNAMICS OF THE REGION'S GROWTH OVER THE PAST TWO DECADES AND BEGIN TO CHART A COURSE FORWARD. THE LOOKBACK TO ROADMAP QUALITATIVE RESEARCH STUDY SOUGHT TO GLEAN INSIGHTS FROM LEADERS IN CENTRAL TEXAS CONCERNING GROWTH CHALLENGES AND REGIONAL COLLABORATION. AARO'S ENVISION CENTRAL TEXAS: LOOKING BACK AND GLANCING FORWARD REPORT ASSESSES THE REGION'S GROWTH FROM 2001 TO 2021, COMPARING IT WITH THE PROJECTED GROWTH SCENARIOS THAT EMANATED FROM A REGIONAL VISIONING PROCESS KNOWN AS ENVISION CENTRAL TEXAS (ECT), AND EXTENDING THE ANALYSIS TO INCLUDE ADDITIONAL METRICS AND CONSIDERATIONS FOR FUTURE DECADES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Dochen Chair | OfficerTrustee | 10 | $0 |
Jeffrey Richard Chair-Elect | OfficerTrustee | 3 | $0 |
Jeff Hahn Immediate Past Chair | OfficerTrustee | 1 | $0 |
Darrick Mcgill Treasurer | OfficerTrustee | 1 | $0 |
Mark Estrada Social Equity Committee Chair | Trustee | 1 | $0 |
Michelle Earley Transportation Committee Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $780,822 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,590 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $806,412 |
| Total Program Service Revenue | $107,810 |
| Investment income | $30,665 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $387 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $946,021 |
| 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. | $300,622 |
| Compensation of current officers, directors, key employees. | $88,295 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,842 |
| Pension plan accruals and contributions | $1,497 |
| Other employee benefits | $9,289 |
| Payroll taxes | $26,961 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $86,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,139 |
| Fees for services: Other | $1,523 |
| Advertising and promotion | $0 |
| Office expenses | $20,226 |
| Information technology | $31,052 |
| Royalties | $0 |
| Occupancy | $121,175 |
| Travel | $3,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $137,096 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,526 |
| Insurance | $1,716 |
| All other expenses | $0 |
| Total functional expenses | $937,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,232 |
| Savings and temporary cash investments | $324,550 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $394,577 |
| 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 | $542 |
| Net Land, buildings, and equipment | $5,725 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $444,220 |
| Total assets | $1,480,846 |
| Accounts payable and accrued expenses | $34,022 |
| Grants payable | $0 |
| Deferred revenue | $587,750 |
| 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 | $621,772 |
| Net assets without donor restrictions | $322,882 |
| Net assets with donor restrictions | $536,192 |
| 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 | $1,480,846 |
Grants Awarded
Over the last fiscal year, Austin Area Research Organization Inc has awarded $198,701 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY ACTION INC OF CENTRAL TEXAS PURPOSE: THE GRANT IS IN SUPPORT OF COMMUNITY ACTION INC. EXPANSION OF THEIR TEXAS BREAST AND CERVICAL CANCER SERVICES (BCCS) PROGRAM, SPECIFICALLY THROUGH THE SCREENING, DIAGNOSIS AND ENROLLMENT OF WOMEN FOR THE EARLY DETECTION OF BREAST CANCER IN BASTROP, HAYS, AND WILLIAMSON COUNTIES, AND POTENTIALLY OTHER COUNTIES THROUGH OCTOBER 31, 2022. | $96,772 |
UNITED WAY OF GREATER AUSTIN PURPOSE: THE GRANT IS TO SUPPORT ESTABLISHMENT OF THE PERMANENT INFRASTRUCTURE THAT WILL ADMINISTER THE CENTRAL TEXAS - ADDRESSING CANCER TOGETHER (CTX-ACT) BREAST CANCER PROJECT WHICH AARO, LED BY THE AARO HEALTH COMMITTEE, WAS ACTIVE IN FORMULATING, INCUBATING AND LAUNCHING. | $101,929 |