Texas Coastal Exchange
- Assets
- $165.5k
- Revenue
- $342.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Houston, TX
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 83-2883243
Organization Overview
Texas Coastal Exchange is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2021, Texas Coastal Exchange employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Coastal Exchange 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, Texas Coastal Exchange generated $342.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $311.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEXAS COASTAL EXCHANGE PROMOTES THE PROTECTION AND RESTORATION OF COASTAL HABITATS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXAS COASTAL EXCHANGE IS A CONSERVATION ORGANIZATION DEDICATED TO SUPPORTING THE LONG-TERM RESILIENCE OF THE TEXAS COAST BY WORKING WITH COASTAL LANDOWNERS TO CONSERVE AND PROTECT COASTAL MARSHES, PRAIRIES, AND BOTTOMLAND HARDWOOD FORESTS. OUR GOAL IS TO WORK WITH AND SUPPORT LANDOWNERS TO KEEP ECOSYSTEM BENEFITS INTACT AND FUNCTIONING, AS WELL AS TO HELP THE PUBLIC UNDERSTAND AND APPRECIATE BOTH THE VALUE OF COASTAL ECOSYSTEMS AND THE IMPORTANCE OF SUPPORTING THE LANDOWNERS WHO STEWARD THESE NATURAL LANDS AND THE BENEFITS THAT THEY PROVIDE TO US ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James B Blackburn Jr President | OfficerTrustee | 3 | $0 |
Elizabeth Winston Jones Director | Trustee | 1 | $0 |
Mike Marler Director | Trustee | 1 | $0 |
Colley Hodges Director | Trustee | 1 | $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 | $342,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,731 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,731 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,985 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,970 |
| Fees for services: Accounting | $5,493 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,649 |
| Advertising and promotion | $2,935 |
| Office expenses | $5,233 |
| Information technology | $2,731 |
| 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 | $3,497 |
| All other expenses | $251,359 |
| Total functional expenses | $311,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,548 |
| Accounts payable and accrued expenses | $297 |
| 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 | $297 |
| Net assets without donor restrictions | $0 |
| 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 | $165,251 |
| Total liabilities and net assets/fund balances | $165,548 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Texas Coastal Exchange has recieved totaling $101,440.
| Awarding Organization | Amount |
|---|---|
Meadows Foundation Incorporated Dallas, TX PURPOSE: TOWARD DEVELOPING A SYSTEM TO COMPENSATE LANDOWNERS FOR CARBON SEQUESTRATION AND OTHER BENEFITS DERIVED FROM HEALTHY ECOSYSTEMS | $100,000 |
Gilstrap Foundation Houston, TX PURPOSE: TO SUPPORT THE ORGANIZATIONS OBJECTIVES FOR NATURE CONSERVATION. | $1,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $440 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fossil Rim Wildlife Center Inc Glen Rose, TX | $21,892,243 | $9,491,146 |
Compatible Lands Foundation Inc Claremore, OK | $1,764,355 | $3,589,470 |
Central Arkansas Resource Conservation And Development Area Greenbrier, AR | $948,037 | $2,548,381 |
Trees For Houston Houston, TX | $12,896,766 | $5,636,072 |
Moore-Odom Wildlife Foundation Inc Orange, TX | $74,482,466 | $4,606,193 |
Great Springs Project Inc Austin, TX | $3,007,559 | $1,951,597 |
William B Harrison Foundation Houston, TX | $5,553,943 | $988,014 |
New Mexico Wilderness Alliance Albuquerque, NM | $2,645,885 | $2,264,316 |
Serengeti Foundation Dripping Springs, TX | $31,204,793 | $3,267,315 |
Houston Audubon Society Houston, TX | $13,718,637 | $2,758,982 |
Taking Care Of Texas Austin, TX | $1,450,815 | $2,139,478 |
Friends Of The Katy Trail Inc Dallas, TX | $3,410,725 | $2,458,782 |