Intercollegiate Press Association Of Texas
- Assets
- $13.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Commerce, TX
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-2121596
Organization Overview
Intercollegiate Press Association Of Texas is located in Commerce, TX. The organization was established in 2007. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intercollegiate Press Association Of Texas 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 12/2021, Intercollegiate Press Association Of Texas generated $20.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $23.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZATION AWARDS A MINIMUM OF NINE SCHOLARSHIPS EACH YEAR TO STUDENTS TO ASSIST THEM IN THEIR CONTINUED EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Reed President | 3 | $0 | |
Jill Gibson Vice President | 3 | $0 | |
Robert Muilenburg Executive Dir. | 18 | $0 | |
Nicole Morrison Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,640 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,927 |
| Total Revenue | $20,567 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,600 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $10,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,526 |
| Total expenses | $23,476 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,150 |
| Other assets | $0 |
| Total assets | $13,150 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,150 |
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