Texas Associtation Of Business & Chambers Of Commerce Foundation
EIN: 743021673 · Austin, TX · NTEE: S19
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $469K |
| Net Assets | $320K |
Is Texas Associtation Of Business & Chambers Of Commerce Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Texas Associtation Of Business & Chambers Of Commerce Foundation
Texas Associtation Of Business & Chambers Of Commerce Foundation (EIN: 743021673) is a nonprofit organization based in Austin, TX, classified under NTEE code S19. The organization reported total revenue of $1.2M and total assets of $843K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Texas Associtation Of Business & Chambers Of Commerce Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Texas Associtation Of Business & Chambers Of Commerce Foundation is a mid-size nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $469K |
| Surplus / Deficit | $-211,003 |
| Total Assets | $374K |
| Total Liabilities | $54K |
| Net Assets | $320K |
| Operating Margin | -81.9% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 9.6 months |
Financial Health Grade: B
In 2023, Texas Associtation Of Business & Chambers Of Commerce Foundation reported a deficit of $211K with expenses exceeding revenue, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Texas Associtation Of Business & Chambers Of Commerce Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -73.0% | -12.9% | -43.4% |
| 2022 | +320.0% | +117.6% | +140.3% |
| 2021 | +126.9% | +101.4% | +101.4% |
| 2020 | -42.3% | +7.3% | -14.3% |
| 2019 | +102.7% | +62.1% | +58.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Texas Associtation Of Business & Chambers Of Commerce Foundation 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 Associtation Of Business & Chambers Of Commerce Foundation 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 $211K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.4%.
Frequently Asked Questions about Texas Associtation Of Business & Chambers Of Commerce Foundation
Is Texas Associtation Of Business & Chambers Of Commerce Foundation a legitimate charity?
Texas Associtation Of Business & Chambers Of Commerce Foundation (EIN: 743021673) is a registered tax-exempt nonprofit based in Texas. It has 14 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: B.
How does Texas Associtation Of Business & Chambers Of Commerce Foundation spend its money?
Texas Associtation Of Business & Chambers Of Commerce Foundation reported $1.2M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Texas Associtation Of Business & Chambers Of Commerce Foundation tax-deductible?
Texas Associtation Of Business & Chambers Of Commerce Foundation is registered as a tax-exempt nonprofit (EIN: 743021673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Texas Associtation Of Business & Chambers Of Commerce Foundation located?
Texas Associtation Of Business & Chambers Of Commerce Foundation is headquartered in Austin, Texas and files with the IRS under EIN 743021673. It is classified under NTEE code S19.
How many years of IRS 990 filings does Texas Associtation Of Business & Chambers Of Commerce Foundation have?
Texas Associtation Of Business & Chambers Of Commerce Foundation has 14 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Texas Associtation Of Business & Chambers Of Commerce Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Texas Associtation Of Business & Chambers Of Commerce Foundation's revenue has grown by 195.5%, moving from $87K to $258K. Total assets increased by 608.1% over the same period, from $53K to $374K. Total functional expenses rose by 437.6%, from $87K to $469K. In its most recent filing year (2023), Texas Associtation Of Business & Chambers Of Commerce Foundation reported a deficit of $211K, with expenses exceeding revenue. The organization holds $54K in liabilities against $374K in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $320K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $469K | $374K | $54K | — | — |
| 2022 | $953K | $538K | $661K | $129K | — | View 990 |
| 2021 | $227K | $247K | $275K | $159K | — | View 990 |
| 2020 | $100K | $123K | $137K | $0 | — | View 990 |
| 2019 | $173K | $114K | $159K | $0 | — | View 990 |
| 2018 | $86K | $71K | $100K | $0 | — | View 990 |
| 2017 | $135K | $198K | $127K | $41K | — | View 990 |
| 2016 | $187K | $147K | $214K | $65K | — | View 990 |
| 2015 | $152K | $70K | $139K | $31K | — | View 990 |
| 2014 | $63K | $33K | $31K | $4K | — | View 990 |
| 2013 | $59K | $39K | $4K | $8K | — | View 990 |
| 2012 | $149K | $215K | $3K | $27K | — | View 990 |
| 2011 | $276K | $233K | $62K | $20K | — | View 990 |
| 2010 | $87K | $87K | $53K | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $469K, and assets of $374K (revenue -73.0% year-over-year).
- 2022: Revenue of $953K, expenses of $538K, and assets of $661K (revenue +320.0% year-over-year).
- 2021: Revenue of $227K, expenses of $247K, and assets of $275K (revenue +126.9% year-over-year).
- 2020: Revenue of $100K, expenses of $123K, and assets of $137K (revenue -42.3% year-over-year).
- 2019: Revenue of $173K, expenses of $114K, and assets of $159K (revenue +102.7% year-over-year).
- 2018: Revenue of $86K, expenses of $71K, and assets of $100K (revenue -36.6% year-over-year).
- 2017: Revenue of $135K, expenses of $198K, and assets of $127K (revenue -27.9% year-over-year).
- 2016: Revenue of $187K, expenses of $147K, and assets of $214K (revenue +23.2% year-over-year).
- 2015: Revenue of $152K, expenses of $70K, and assets of $139K (revenue +140.7% year-over-year).
- 2014: Revenue of $63K, expenses of $33K, and assets of $31K (revenue +6.9% year-over-year).
- 2013: Revenue of $59K, expenses of $39K, and assets of $4K (revenue -60.4% year-over-year).
- 2012: Revenue of $149K, expenses of $215K, and assets of $3K (revenue -46.1% year-over-year).
- 2011: Revenue of $276K, expenses of $233K, and assets of $62K (revenue +217.2% year-over-year).
- 2010: Revenue of $87K, expenses of $87K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Texas Associtation Of Business & Chambers Of Commerce Foundation:
Data Sources and Methodology
This transparency report for Texas Associtation Of Business & Chambers Of Commerce Foundation 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.