Texas Physical Therapy Assoc
- Assets
- $1.5m
- Revenue
- $979.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Austin, TX
- Founding
- 09/1952
- Data as of
- 12/2023
- EIN
- 75-6034899
Organization Overview
Texas Physical Therapy Assoc is located in Austin, TX. The organization was established in 1952. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2023, Texas Physical Therapy Assoc employed 4 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Texas Physical Therapy Assoc 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 12/2023, Texas Physical Therapy Assoc generated $979.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $870.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE PHYSICAL THERAPIST PRACTICE TO OPTIMIZE MOVEMENT, HEALTH, AND WELLNESS OF PEOPLE IN TEXAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION - A FORUM TO FOSTER KNOWLEDGE REGARDING CLINICAL AND PRACTICE ISSUES FOR THE PROFESSION OF PHYSICAL THERAPY. ADDITIONALLY, THE CONVENTION ALLOWS FOR DISCUSSIONS OF CURRENT PLANS, OFFICER ELECTION, AND PRIOR YEAR REPORTING.
SCHOLARSHIPS GIVEN TO STUDENTS TO FURTHER THEIR PHYSICAL THERAPY EDUCATIONS.
CONTINUING EDUCATION PROGRAMS INCLUDE PHYSICAL THERAPISTS AND PHYSICAL THERAPIST ASSISTANTS WHO NEED TRAINING IN ORDER TO COMPLY WITH LICENSE RENEWAL REQUIREMENTS, AS WELL AS OTHER EDUCATIONAL PROGRAMS OFFERED TO PHYSICAL THERAPISTS.
TRADE JOURNAL - THE TRADE JOURNAL, SYNERGY, IS PUBLISHED ON A QUARTERLY BASIS AND ADDRESSES CURRENT ISSUES IN THE ASSOCIATION AND THE PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Geelhoed President | OfficerTrustee | 5 | $0 |
Dana Tew Vice President | OfficerTrustee | 5 | $0 |
Gail Zitterkopf Speaker Of Assembly | OfficerTrustee | 5 | $0 |
Megan Flores Secretary | OfficerTrustee | 5 | $0 |
Barbara Gresham Treasurer | OfficerTrustee | 5 | $0 |
Spencer Church District Ec Representative | OfficerTrustee | 5 | $0 |
Financial Statements
| 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 | $959,093 |
| Investment income | $31,029 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,339 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,390 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $979,071 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,567 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,618 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $163,925 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,229 |
| Payroll taxes | $23,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,278 |
| Fees for services: Lobbying | $45,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,512 |
| Fees for services: Other | $11,536 |
| Advertising and promotion | $0 |
| Office expenses | $34,112 |
| Information technology | $43,871 |
| Royalties | $0 |
| Occupancy | $7,708 |
| Travel | $48,591 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $233,244 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,390 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $870,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,614 |
| Savings and temporary cash investments | $32,864 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,178 |
| 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 | $9,355 |
| Net Land, buildings, and equipment | $6,230 |
| Investments—publicly traded securities | $1,135,208 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,474,449 |
| Accounts payable and accrued expenses | $30,869 |
| Grants payable | $0 |
| Deferred revenue | $255,508 |
| 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 | $286,377 |
| Net assets without donor restrictions | $1,188,072 |
| 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 | $1,474,449 |