Texas Society Of Certified Public Accountants is located in Addison, 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 $50.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $24.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (18.1%) 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
THE CHAPTER SPONSORED 13 CPE SEMINARS AND CONFERENCES DURING THE TAX YEAR. THE CHAPTER HELD 2 CHAPTER MEETINGS AND 1 COMMUNITY SERVICE/NETWORKING EVENT. THERE WERE 200 PARTICIPANTS AT THESE EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Whitfield Vice President | 0.25 | $0 | |
Ricardo Colon Treasurer | 0.5 | $0 | |
Chris Lanier Director | 0.25 | $0 | |
Ryan Harkey Director | 0.25 | $0 | |
Nicholas Gammill Imm Past Pres. | 0.25 | $0 | |
Chip Majors Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,032 |
Total Program Service Revenue | $31,590 |
Membership dues | $11,025 |
Investment income | $9 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $412 |
Total Revenue | $50,068 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $15,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,044 |
Total expenses | $24,044 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $103,649 |
Other assets | $0 |
Total assets | $103,869 |
Total liabilities | $5,731 |
Net assets or fund balances | $98,138 |