Association For Core Texts And Courses
- Assets
- $118.8k
- Revenue
- $237.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Irving, TX
- Founding
- 04/1996
- Data as of
- 06/2022
- EIN
- 23-2818922
Organization Overview
Association For Core Texts And Courses is located in Irving, TX. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Association For Core Texts And Courses 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 06/2022, Association For Core Texts And Courses generated $237.4k 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 (5.0%) each year. All expenses for the organization totaled $165.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION FOR CORE TEXTS AND COURSES BRINGS TOGETHER COLLEGES AND UNIVERSITIES THAT PROMOTE THE INTEGRATED AND COMMON STUDY OF WORLD CLASSICS AND OTHER TEXTS OF MAJOR CULTURAL SIGNIFICANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTC ADVOCATES CORE TEXT PROGRAMS AT ALL UNDERGRADUATE INSTITUTIONS. ACTC HELPS INITIATE SUCH PROGRAMS AND DEVELOPS NETWORKS TO SUPPORT EXISTING PROGRAMS. ACTC ADDRESSES SUCH ISSUES AS THE STATUS OF CORE TEXT PROGRAMS WITHIN THEIR CURRICULUM, THE RECOGNITION OF AND PROFESSIONAL CONDITIONS FOR FACULTY WHO TEACH THESE COURSES, THE DEVELOPMENT OF MATERIALS APPROPRIATE FOR LIBERAL EDUCATION, THE ESTABLISHMENT OF NETWORKS TO ENCOURAGE CORE TEXT FACULTY TO SHARE THEIR EXPERTISE, AND THE REPRESENTATION IN THE PUBLIC MEDIA OF THIS CONCEPT FOR INTERDISCIPLINARY EDUCATION BASED IN FOUNDATIONAL TEXTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Parens President | OfficerTrustee | 5 | $0 |
Charlotte Thomas Executive Di | OfficerTrustee | 20 | $68,802 |
Richard Kamber Director | Trustee | 2 | $0 |
Dan Cullen Director | Trustee | 2 | $0 |
Page Laws Director | Trustee | 2 | $0 |
Emma Cohen DE Lara Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,210 |
| Total Program Service Revenue | $107,203 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,069 |
| Compensation of current officers, directors, key employees. | $15,767 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,825 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,157 |
| Information technology | $6,790 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,272 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,968 |
| All other expenses | $0 |
| Total functional expenses | $165,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,705 |
| Savings and temporary cash investments | $8,261 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,857 |
| Total assets | $118,823 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $118,823 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $118,823 |