Texas Advocacy Project Inc
EIN: 742237306 · Austin, TX · NTEE: A20Z
Is Texas Advocacy Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Texas Advocacy Project Inc
Texas Advocacy Project Inc (EIN: 742237306) is a nonprofit organization based in Austin, TX, classified under NTEE code A20Z. The organization reported total revenue of $6.3M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Texas Advocacy Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Texas Advocacy Project Inc is a mid-size nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-248,200 |
| Total Assets | $1.9M |
| Total Liabilities | $519K |
| Net Assets | $1.4M |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 27.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Texas Advocacy Project Inc reported a deficit of $248K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 27.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Texas Advocacy Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +10.8% | -16.1% |
| 2022 | +30.3% | +36.8% | +41.3% |
| 2021 | +38.0% | +28.7% | +93.0% |
| 2019 | +4.6% | +8.6% | +9.2% |
| 2018 | +19.8% | +5.9% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Texas Advocacy Project Inc 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 Texas Advocacy Project Inc 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 $248K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.3%.
Frequently Asked Questions about Texas Advocacy Project Inc
Is Texas Advocacy Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Texas Advocacy Project Inc (EIN: 742237306) insufficient data. 0 red flags identified, 0 strengths noted.
How does Texas Advocacy Project Inc spend its money?
Detailed spending breakdown data is not yet available for Texas Advocacy Project Inc. Check back for updated IRS 990 analysis.
Are donations to Texas Advocacy Project Inc tax-deductible?
Texas Advocacy Project Inc is registered as a tax-exempt nonprofit (EIN: 742237306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Texas Advocacy Project Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Texas Advocacy Project Inc's revenue has grown by 298.8%, moving from $1.0M to $4.1M. Total assets increased by 354.4% over the same period, from $419K to $1.9M. Total functional expenses rose by 267.2%, from $1.2M to $4.3M. In its most recent filing year (2023), Texas Advocacy Project Inc reported a deficit of $248K, with expenses exceeding revenue. The organization holds $519K in liabilities against $1.9M in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $4.3M | $1.9M | $519K | — | — |
| 2022 | $4.1M | $3.9M | $2.3M | $637K | — | View 990 |
| 2021 | $3.1M | $2.9M | $1.6M | $159K | — | View 990 |
| 2019 | $2.3M | $2.2M | $832K | $107K | — | View 990 |
| 2018 | $2.2M | $2.0M | $762K | $72K | — | View 990 |
| 2017 | $1.8M | $1.9M | $652K | $75K | — | View 990 |
| 2016 | $1.9M | $1.7M | $796K | $89K | — | View 990 |
| 2015 | $1.5M | $1.4M | $606K | $72K | — | View 990 |
| 2014 | $958K | $918K | $475K | $52K | — | View 990 |
| 2013 | $1.1M | $1.0M | $437K | $55K | — | View 990 |
| 2012 | $994K | $1.1M | $365K | $36K | — | View 990 |
| 2011 | $1.0M | $1.2M | $419K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $4.3M, and assets of $1.9M (revenue +0.7% year-over-year).
- 2022: Revenue of $4.1M, expenses of $3.9M, and assets of $2.3M (revenue +30.3% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.9M, and assets of $1.6M (revenue +38.0% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $832K (revenue +4.6% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.0M, and assets of $762K (revenue +19.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $652K (revenue -5.4% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.7M, and assets of $796K (revenue +24.9% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $606K (revenue +59.4% year-over-year).
- 2014: Revenue of $958K, expenses of $918K, and assets of $475K (revenue -9.9% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $437K (revenue +6.9% year-over-year).
- 2012: Revenue of $994K, expenses of $1.1M, and assets of $365K (revenue -3.2% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.2M, and assets of $419K.
Data Sources and Methodology
This transparency report for Texas Advocacy Project Inc 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.