Texas Business And Professional Womens Foundation Inc
- Assets
- $516.3k
- Revenue
- $54.3k
- Investments
- $490.2k
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 08/1991
- Data as of
- 06/2022
- EIN
- 75-2382036
Organization Overview
Texas Business And Professional Womens Foundation Inc is located in Corpus Christi, TX. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Business And Professional Womens Foundation Inc 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 06/2022, Texas Business And Professional Womens Foundation Inc generated $54.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $63.4k during the year ending 06/2022. While expenses have increased by 12.8% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE STATUS AND ACHIEVEMENTS OF WORKING WOMEN THROUGH THE SUPPORT OF SCHOLARSHIPS, EDUCATION, RESEARCH, LEADERSHIP TRAINING AND PUBLICATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO THE UNIVERSITY OF TEXAS MD ANDERSON CANCER RESEARCH CENTER IN SUPPORT OF TREATMENT AND RESEARCH OF CANCERS MOST PREDOMINATELY FOUND TO AFFECT WOMEN
LEADERSHIP DEVELOPMENT TRAINING TO ASSIST WOMEN WITH PERSONAL DEVELOPMENT MANAGEMENT AND ORGANIZATIONAL SKILLS AND ISSUES RELATED TO WORK, COMMUNITY AND GOVERNMENT
SCHOLARSHIP TO TEXAS BUSINESS WOMEN MEMBERS TO OBTAIN EDUCATION OR TRAINING TO PREPARE FOR EMPLOYMENT OR TO ADVANCE IN THE LEGAL BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Alcocer Trustee | Trustee | $0 | |
Jessica Flores Trustee | Trustee | $0 | |
Terri Freer Trustee | Trustee | $0 | |
Laura Garza Trustee | Trustee | $0 | |
Patti Humphrey Trustee | Trustee | $0 | |
Kimberly Sullivan Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,284 |
| Investment income | $28,028 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,976 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,343 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $42 |
| Information technology | $4,112 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,066 |
| All other expenses | $0 |
| Total functional expenses | $63,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,901 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,200 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $490,241 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $516,342 |
| Accounts payable and accrued expenses | $14,696 |
| 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 | $14,696 |
| Net assets without donor restrictions | $142,819 |
| Net assets with donor restrictions | $358,827 |
| 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 | $501,646 |
Grants Awarded
Over the last fiscal year, Texas Business And Professional Womens Foundation Inc has awarded $36,055 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS LBJ SCHOOL | | | $20,000 |
MDA | | | $16,055 |