Tyler Innovation Pipeline
- Assets
- $103.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tyler, TX
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 82-1144795
Organization Overview
Tyler Innovation Pipeline is located in Tyler, TX. The organization was established in 2017. 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. Tyler Innovation Pipeline 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 12/2021, Tyler Innovation Pipeline generated $139.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $117.2k during the year ending 12/2021. While expenses have increased by 10.8% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING A LEARNING CENTER THROUGH A MAKERSPACE, BUSINESS DEVELOPMENT WORKSHOPS AND A RECORDING STUDIO AND SOUND LAB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Cobb Former Executive Director | 40 | $22,500 | |
James Hardin Secr./ex Direct | 40 | $20,192 | |
Phil Burks President | 3 | $0 | |
Krist Swimberghe Director | 1 | $0 | |
Craig Wheeler Treasurer | 3 | $0 | |
Derrith Bondurant Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,539 |
| Total Program Service Revenue | $32,620 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,978 |
| Other Revenue | $0 |
| Total Revenue | $139,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,898 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $11,891 |
| Printing, publications, postage, and shipping | $1,424 |
| Other expenses | $25,948 |
| Total expenses | $117,161 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,371 |
| Other assets | $0 |
| Total assets | $103,128 |
| Total liabilities | $1,149 |
| Net assets or fund balances | $101,979 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
Robert G Carr & Nona K Carr Scholarship Foundation San Angelo, TX | $175,014,798 | $4,176,344 |