Cement & Concrete Promotion Council Of Texas
EIN: 742472984 · Hurst, TX
| Metric | Value |
|---|---|
| Total Revenue | $906K |
| Total Expenses | $958K |
| Net Assets | $1.4M |
Is Cement & Concrete Promotion Council Of Texas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cement & Concrete Promotion Council Of Texas
Cement & Concrete Promotion Council Of Texas (EIN: 742472984) is a nonprofit organization based in Hurst, TX. The organization reported total revenue of $906K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cement & Concrete Promotion Council Of Texas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cement & Concrete Promotion Council Of Texas is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $888K |
| Total Expenses | $958K |
| Surplus / Deficit | $-69,971 |
| Total Assets | $1.5M |
| Total Liabilities | $27K |
| Net Assets | $1.4M |
| Operating Margin | -7.9% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 18.2 months |
Financial Health Grade: B
In 2023, Cement & Concrete Promotion Council Of Texas reported a deficit of $70K with expenses exceeding revenue, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cement & Concrete Promotion Council Of Texas's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.8% | +8.4% | -1.7% |
| 2022 | +3.0% | -6.5% | +4.9% |
| 2021 | +4.7% | +10.3% | +10.7% |
| 2020 | +13.5% | +24.5% | +33.5% |
| 2019 | +0.6% | -28.1% | +67.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cement & Concrete Promotion Council Of Texas has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cement & Concrete Promotion Council Of Texas with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Cement & Concrete Promotion Council Of Texas
Is Cement & Concrete Promotion Council Of Texas a legitimate charity?
Based on AI analysis of IRS 990 filings, Cement & Concrete Promotion Council Of Texas (EIN: 742472984) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cement & Concrete Promotion Council Of Texas spend its money?
Detailed spending breakdown data is not yet available for Cement & Concrete Promotion Council Of Texas. Check back for updated IRS 990 analysis.
Are donations to Cement & Concrete Promotion Council Of Texas tax-deductible?
Cement & Concrete Promotion Council Of Texas is registered as a tax-exempt nonprofit (EIN: 742472984). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cement & Concrete Promotion Council Of Texas located?
Cement & Concrete Promotion Council Of Texas is headquartered in Hurst, Texas and files with the IRS under EIN 742472984.
How many years of IRS 990 filings does Cement & Concrete Promotion Council Of Texas have?
Cement & Concrete Promotion Council Of Texas has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $906K in total revenue.
Filing History
IRS 990 filing history for Cement & Concrete Promotion Council Of Texas showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cement & Concrete Promotion Council Of Texas's revenue has grown by 15.9%, moving from $766K to $888K. Total assets increased by 854.1% over the same period, from $152K to $1.5M. Total functional expenses rose by 34.5%, from $713K to $958K. In its most recent filing year (2023), Cement & Concrete Promotion Council Of Texas reported a deficit of $70K, with expenses exceeding revenue. The organization holds $27K in liabilities against $1.5M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $888K | $958K | $1.5M | $27K | — | — |
| 2022 | $1.2M | $884K | $1.5M | $39K | — | View 990 |
| 2021 | $1.1M | $945K | $1.4M | $326K | — | View 990 |
| 2020 | $1.1M | $857K | $1.3M | $363K | — | — |
| 2019 | $941K | $689K | $954K | $253K | — | — |
| 2018 | $935K | $958K | $568K | $0 | — | View 990 |
| 2017 | $909K | $864K | $591K | $0 | — | View 990 |
| 2016 | $937K | $904K | $546K | $0 | — | View 990 |
| 2015 | $888K | $830K | $513K | $0 | — | View 990 |
| 2014 | $885K | $803K | $455K | $0 | — | View 990 |
| 2013 | $0 | $0 | $0 | $0 | — | View 990 |
| 2012 | $879K | $747K | $285K | $0 | — | View 990 |
| 2011 | $766K | $713K | $152K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $888K, expenses of $958K, and assets of $1.5M (revenue -22.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $884K, and assets of $1.5M (revenue +3.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $945K, and assets of $1.4M (revenue +4.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $857K, and assets of $1.3M (revenue +13.5% year-over-year).
- 2019: Revenue of $941K, expenses of $689K, and assets of $954K (revenue +0.6% year-over-year).
- 2018: Revenue of $935K, expenses of $958K, and assets of $568K (revenue +2.9% year-over-year).
- 2017: Revenue of $909K, expenses of $864K, and assets of $591K (revenue -3.0% year-over-year).
- 2016: Revenue of $937K, expenses of $904K, and assets of $546K (revenue +5.5% year-over-year).
- 2015: Revenue of $888K, expenses of $830K, and assets of $513K (revenue +0.4% year-over-year).
- 2014: Revenue of $885K, expenses of $803K, and assets of $455K.
- 2013: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2012: Revenue of $879K, expenses of $747K, and assets of $285K (revenue +14.7% year-over-year).
- 2011: Revenue of $766K, expenses of $713K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cement & Concrete Promotion Council Of Texas:
Data Sources and Methodology
This transparency report for Cement & Concrete Promotion Council Of Texas is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.