National Guard Association Of Texas is located in Austin, TX. The organization was established in 1961. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 08/2023, National Guard Association Of Texas employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Guard Association Of Texas is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 08/2023, National Guard Association Of Texas generated $686.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $536.0k during the year ending 08/2023. 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
THE NATIONAL GUARD ASSOCIATION OF TEXAS SEEKS TO PROVIDE THE BEST SERVICES AND BENEFITS TO PROMOTE, SAFEGUARD, AND ADVANCE THE INTERESTS OF ITS MEMBERS, COMMUNITIES, AND PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFE INSURANCE: NGAT PIONEERED THE PROVISION OF LIFE INSURANCE TO THE TEXAS NATIONAL GUARD AND IS DESIGNATED THE STATE SPONSORED LIFE INSURANCE (SSLI) PROGRAM FOR THE STATE OF TEXAS.
NGAT CONFERENCE: ANNUAL CONFERENCE THAT PROVIDES PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES; AND CONSOLIDATING AND VOTING ON RESOLUTIONS TO MOVE FORWARD THROUGH THE LEGISLATIVE PROCESS.
NGAT NEWS MAGAZINE: NGAT'S AWARD WINNING PROFESSIONAL QUARTERLY MAGAZINE PROVIDES ARTICLES AND INFORMATION ON WHAT IS HAPPENING IN THE TEXAS NATIONAL GUARD AND THE ASSOCIATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marvin Harris Exec Director | Officer | 40 | $85,000 |
Chris Mckeag President | OfficerTrustee | 2 | $0 |
Mireya Cruz President | OfficerTrustee | 2 | $0 |
Gerald Lorance Vice President | OfficerTrustee | 2 | $0 |
Richard Newby Secretary | OfficerTrustee | 2 | $0 |
Jolene Hinojosa Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $654,265 |
Investment income | $8,459 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $23,472 |
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 | $686,196 |
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. | $85,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $141,646 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $17,778 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $28,953 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,811 |
Office expenses | $4,322 |
Information technology | $3,413 |
Royalties | $0 |
Occupancy | $24,333 |
Travel | $5,357 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $118,039 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,808 |
Insurance | $12,544 |
All other expenses | $0 |
Total functional expenses | $536,035 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $287,816 |
Savings and temporary cash investments | $794,929 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $20,713 |
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 | $6,491 |
Net Land, buildings, and equipment | $514,706 |
Investments—publicly traded securities | $305,809 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,930,464 |
Accounts payable and accrued expenses | $14,115 |
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 | $71,047 |
Total liabilities | $85,162 |
Net assets without donor restrictions | $1,845,302 |
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 | $1,930,464 |