Insurance Council Of Texas Educational Foundation
- Assets
- $189.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-8534633
Organization Overview
Insurance Council Of Texas Educational Foundation is located in Austin, TX. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Insurance Council Of Texas Educational Foundation 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 12/2022, Insurance Council Of Texas Educational Foundation generated $139.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $82.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Gonzalez President | 1 | $0 | |
Craig Sparks Trustee | 1 | $0 | |
Joe Johnson Vice-President | 1 | $0 | |
Albert Betts Jr Ex-Officio Trustee | 1 | $0 | |
Rick Gentry Trustee | 1 | $0 | |
Errica Rivera Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,612 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,612 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $82,733 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,254 |
| Other assets | $0 |
| Total assets | $189,504 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,504 |