Texas Society Of Certified Public Accountants is located in Waco, TX. The organization was established in 1974. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Texas Society Of Certified Public Accountants 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 05/2022, Texas Society Of Certified Public Accountants generated $70.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $61.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORGANIZED AND HELD CHAPTER MEETINGS AND CONTINUING EDUCATION SEMINARS
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $38,033 |
Membership dues | $32,290 |
Investment income | $136 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,459 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $26,373 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $1,575 |
Printing, publications, postage, and shipping | $368 |
Other expenses | $26,708 |
Total expenses | $61,024 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $141,737 |
Other assets | $0 |
Total assets | $141,737 |
Total liabilities | $740 |
Net assets or fund balances | $140,997 |