Texas Society Of Certified Public Accountants is located in Addison, TX. The organization was established in 1974. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Texas Society Of Certified Public Accountants is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 05/2023, Texas Society Of Certified Public Accountants generated $60.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $70.2k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
HAVING 490 MEMBERS, THE CHAPTER HOSTED 4 CONTINUING EDUCATION SEMINARS AND 2 BUSINESS MEETINGS TO ASSIST MEMBERS IN MAINTAINING THEIR CPA CERTIFICATION. THE CHAPTER ALSO HOSTED 1 NETWORKING/SOCIAL EVENT AND 13 COMMITTEE MEETINGS. THERE WERE 478 ATTENDEES AT THESE EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Michael Jaramillo Vice President | 0.5 | $0 | |
Oscar Aguilar Director | 0.25 | $0 | |
Chad Valentine Director | 0.25 | $0 | |
Jennifer Smith Director | 0.25 | $0 | |
Mackenzie Craft Director | 0.25 | $0 | |
Kristie Jumper Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $44,798 |
| Membership dues | $15,487 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $317 |
| Total Revenue | $60,614 |
| 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 | $22,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,038 |
| Total expenses | $70,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,147 |
| Other assets | $0 |
| Total assets | $79,100 |
| Total liabilities | $7,123 |
| Net assets or fund balances | $71,977 |