Texas Academy Of Medicine Engineering Science And Technology
Texas Academy Of Medicine Engineering Science And Technology maintains strong asset base with zero reported officer compensation.
EIN: 201014851 · Austin, TX · NTEE: H03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $23 |
| Net Assets | $20.4M |
| Transparency Score | 90/100 |
Is Texas Academy Of Medicine Engineering Science And Technology Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Texas Academy Of Medicine Engineering Science And Technology directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Texas Academy Of Medicine Engineering Science And Technology
Texas Academy Of Medicine Engineering Science And Technology (EIN: 201014851) is a nonprofit organization based in Austin, TX, classified under NTEE code H03. The organization reported total revenue of $1.7M and total assets of $23.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Texas Academy Of Medicine Engineering Science And Technology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Texas Academy Of Medicine Engineering Science And Technology is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$234K |
| Total Assets | $20.4M |
| Total Liabilities | $67K |
| Net Assets | $20.4M |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 174.3 months |
Financial Health Grade: A
In 2023, Texas Academy Of Medicine Engineering Science And Technology reported a surplus of $234K with revenue exceeding expenses, holds 174.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Texas Academy Of Medicine Engineering Science And Technology's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.5% | -3.5% | +14.5% |
| 2022 | -64.8% | +40.4% | -14.9% |
| 2021 | +93.6% | -17.5% | +19.4% |
| 2020 | +11.8% | -0.1% | +6.9% |
| 2019 | +9.0% | +3.4% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Texas Academy Of Medicine Engineering Science And Technology with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Texas Academy Of Medicine Engineering Science And Technology allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $234K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of its size with assets exceeding $23 million. This suggests either a volunteer leadership model or that compensation is structured in a way not captured under 'officer compensation' on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Texas Academy Of Medicine Engineering Science And Technology's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this asset size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Texas Academy Of Medicine Engineering Science And Technology:
- Strong and growing asset base, reaching $23,134,428 in the latest filing.
- Consistent reporting of 0% officer compensation, suggesting high dedication of funds to mission.
- Low liabilities relative to assets, indicating sound financial management.
- Generally effective expense management within revenue streams, as seen in 2023 where expenses were $1,407,475 against $1,641,624 in revenue.
Frequently Asked Questions about Texas Academy Of Medicine Engineering Science And Technology
Is Texas Academy Of Medicine Engineering Science And Technology a legitimate charity?
Texas Academy Of Medicine Engineering Science And Technology (EIN: 201014851) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Texas Academy Of Medicine Engineering Science And Technology spend its money?
Texas Academy Of Medicine Engineering Science And Technology directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Texas Academy Of Medicine Engineering Science And Technology tax-deductible?
Texas Academy Of Medicine Engineering Science And Technology is registered as a tax-exempt nonprofit (EIN: 201014851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Texas Academy Of Medicine Engineering Science And Technology CEO make?
Texas Academy Of Medicine Engineering Science And Technology's highest-compensated officer earns $23 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Texas Academy Of Medicine Engineering Science And Technology's spending goes to programs?
Texas Academy Of Medicine Engineering Science And Technology directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Texas Academy Of Medicine Engineering Science And Technology compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Texas Academy Of Medicine Engineering Science And Technology is above average for NTEE category H03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Texas Academy Of Medicine Engineering Science And Technology located?
Texas Academy Of Medicine Engineering Science And Technology is headquartered in Austin, Texas and files with the IRS under EIN 201014851. It is classified under NTEE code H03.
How many years of IRS 990 filings does Texas Academy Of Medicine Engineering Science And Technology have?
Texas Academy Of Medicine Engineering Science And Technology 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 $1.7M in total revenue.
Is Texas Academy Of Medicine Engineering Science And Technology a good charity?
Based on the available data, the organization appears to be a good charity. It maintains a strong asset base ($23,134,428), consistently reports 0% officer compensation, and generally manages expenses effectively within its revenue, indicating a strong commitment to its mission.
How has the organization's revenue trended over the past few years?
Revenue has fluctuated, with a high of $2,820,502 in 2021, a dip to $991,981 in 2022, and a recovery to $1,641,624 in 2023. This indicates some variability in funding sources.
What is the organization's financial stability?
The organization demonstrates strong financial stability, with assets consistently growing over the past decade, reaching $23,134,428, and liabilities remaining low relative to assets.
Filing History
IRS 990 filing history for Texas Academy Of Medicine Engineering Science And Technology showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Texas Academy Of Medicine Engineering Science And Technology's revenue has declined by 29.4%, moving from $2.3M to $1.6M. Total assets increased by 44.2% over the same period, from $14.2M to $20.4M. Total functional expenses rose by 34.6%, from $1.0M to $1.4M. In its most recent filing year (2023), Texas Academy Of Medicine Engineering Science And Technology reported a surplus of $234K, with revenue exceeding expenses. The organization holds $67K in liabilities against $20.4M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $20.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.4M | $20.4M | $67K | — | — |
| 2022 | $992K | $1.5M | $17.9M | $64K | — | View 990 |
| 2021 | $2.8M | $1.0M | $21.0M | $107K | — | View 990 |
| 2020 | $1.5M | $1.3M | $17.6M | $63K | — | View 990 |
| 2019 | $1.3M | $1.3M | $16.4M | $110K | — | View 990 |
| 2018 | $1.2M | $1.2M | $14.3M | $74K | — | View 990 |
| 2017 | $1.5M | $1.4M | $15.2M | $88K | — | — |
| 2016 | $1.2M | $1.4M | $14.4M | $61K | — | View 990 |
| 2015 | $1.2M | $1.3M | $14.5M | $265K | — | View 990 |
| 2014 | $1.3M | $1.4M | $15.0M | $87K | — | View 990 |
| 2013 | $1.2M | $1.2M | $14.8M | $66K | — | View 990 |
| 2012 | $1.4M | $1.2M | $14.4M | $68K | — | View 990 |
| 2011 | $2.3M | $1.0M | $14.2M | $93K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $20.4M (revenue +65.5% year-over-year).
- 2022: Revenue of $992K, expenses of $1.5M, and assets of $17.9M (revenue -64.8% year-over-year).
- 2021: Revenue of $2.8M, expenses of $1.0M, and assets of $21.0M (revenue +93.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $17.6M (revenue +11.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $16.4M (revenue +9.0% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $14.3M (revenue -22.6% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $15.2M (revenue +33.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.4M, and assets of $14.4M (revenue -1.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $14.5M (revenue -6.5% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $15.0M (revenue +2.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $14.8M (revenue -11.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.2M, and assets of $14.4M (revenue -40.4% year-over-year).
- 2011: Revenue of $2.3M, expenses of $1.0M, and assets of $14.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Texas Academy Of Medicine Engineering Science And Technology:
Data Sources and Methodology
This transparency report for Texas Academy Of Medicine Engineering Science And Technology 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.