Texas Coastal Exchange
- Assets
- $114.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Houston, TX
- Founding
- 11/2019
- Data as of
- 12/2023
- 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 12/2023, 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 12/2023, Texas Coastal Exchange generated $108.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $40.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
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. IN 2022, TEXAS COASTAL EXCHANGE FOCUSED ON CREATIVE WAYS TO INCREASE THE CARBON SEQUESTRATION ON THE TEXAS COAST THROUGH RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James B Blackburn Jr Director | 3 | $0 | |
Susan Combs Director | 1 | $0 | |
John Hall Director | 1 | $0 | |
Colley Hodges Director | 1 | $0 | |
Marin Katusa Director | 1 | $0 | |
Larry Mckinney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,641 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,641 |
| 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 | $35,845 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,813 |
| Total expenses | $40,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,413 |
| Other assets | $0 |
| Total assets | $114,413 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,413 |