Texas For Excellence In Education Inc
- Assets
- $42.5k
- Revenue
- $345.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Addison, TX
- Founding
- Data as of
- 12/2023
- EIN
- 88-1663711
Organization Overview
Texas For Excellence In Education Inc is located in Addison, TX. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2023, Texas For Excellence In Education Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas For Excellence In Education Inc 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 For Excellence In Education Inc generated $345.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $479.1k during the year ending 12/2023. 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 AID TEXAS INDEPENDENT SCHOOL DISTRICTS, THEIR BOARDS, ADMINISTRATORS, AND TEACHERS IN PROVIDING HIGH QUALITY EDUCATION AND TRANSPARENCY TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXANS FOR EXCELLENCE IN EDUCATION (TEE) IS A NON-PARTISAN, NON-PROFIT ORGANIZATION COMMITTED TO DELIVERING ALL CHILDREN IN TEXAS A HIGH-QUALITY EDUCATION FOCUSED ON THE CORE COMPETENCIES OF MATH, SCIENCE, READING, AND WRITING AND TRANSPARENCY BETWEEN ISD'S, PARENTS, AND TAXPAYERS. TEE SEEKS TO IMPLEMENT AND PRORVIDE GUIDANCE TO THE CURRENT ISD POLICY FRAMEWORKS, TRAINING, AND ORGANIZATION, AND OTHER RESOURCES TO AID TEXAS INDEPENDENT SCHOOL DISTRICTS, THEIR BOARDS, ADMINISTRATORS, AND TEACHERS IN ACHIEVING THESE CRITICAL OBJECTIVES. WE BELIEVE PARENTS SHOULD BE PRINCIPALLY INVOLVED IN THE EDUCATION AND INSTRUCTION OF THEIR CHILDREN AND SCHOOL BOARD TRUSTEES ARE ELECTED TO GOVERN ISD'S AND ARE ACCOUNTABLE TO THE TAXPAYERS. TRANSPARENCY SHOULD BE PRACTICED IN WORK AND IN ACTION. EDUCATION SHOULD ALWAYS BE AT THE FOREFRONT OF THE AGENDA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Petree President | OfficerTrustee | 1 | $23,885 |
Denise Rivers Director | Trustee | 1 | $0 |
Lonnie Morgan Director | Trustee | 11 | $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 | $345,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $345,000 |
| 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 | $345,000 |
| 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. | $23,885 |
| Compensation of current officers, directors, key employees. | $5,971 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,999 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,617 |
| Payroll taxes | $6,325 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $147,704 |
| Fees for services: Accounting | $13,542 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $253,180 |
| Advertising and promotion | $0 |
| Office expenses | $20 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,644 |
| 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 | $0 |
| All other expenses | $228 |
| Total functional expenses | $479,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,327 |
| 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 | $135 |
| 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 | $42,462 |
| Accounts payable and accrued expenses | $46,043 |
| 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 | $46,043 |
| Net assets without donor restrictions | -$3,581 |
| 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 | $42,462 |