Dallas Fort Worth Metropolitan New Car Dealers Association
- Assets
- $2.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 5
- Location
- Irving, TX
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 27-3339107
Organization Overview
Dallas Fort Worth Metropolitan New Car Dealers Association, operating under the name Ntxad, is located in Irving, TX. The organization was established in 2011. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Ntxad employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ntxad 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 12/2021, Ntxad generated $1.9m 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 (10.5%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE AND EXPLAIN NEW VEHICLES TO THE PUBLIC AND ADVANCE THE AUTOMILE INDUSTRY ON BEHALF OF CONSUMERS AND ITS MEMBERS AND WORK WITH EDUCATORS TO DEVELOP THE NEXT GENERATION OF AUTOMOBILE TECHS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE AND EXPLAIN NEW VEHICLES TO THE PUBLIC AND ADVANCE THE AUTOMOBILE INDUSTRY ON BEHALF OF CONSUMERS AND ITS MEMBERS AND WORK WITH EDUCATORS TO DEVELOP THE NEXT GENERATION OF AUTOMOBILE TECHS.HOLD CONTESTS FOR HIGH SCHOOL TO EARN TOOLS AND SCHOLARSHIPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sondra Hawkins High Paid Eployee | Officer | 40 | $0 |
Brent Franks President | Officer | 0 | $0 |
Carey Williams Member | Trustee | 0 | $0 |
Tom Durant Member | Trustee | 0 | $0 |
Nick Schnelle Member | Trustee | 2 | $0 |
Carl Sewell III Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $401,248 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $224,421 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $625,669 |
| Total Program Service Revenue | $1,258,846 |
| Investment income | $2,070 |
| 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 | $1,891,035 |
| 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. | $311,375 |
| Compensation of current officers, directors, key employees. | $63,616 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $238,539 |
| Pension plan accruals and contributions | $40,185 |
| Other employee benefits | $89,871 |
| Payroll taxes | $26,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,661 |
| Fees for services: Accounting | $14,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,325 |
| Advertising and promotion | $151,177 |
| Office expenses | $4,527 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,528 |
| Travel | $6,993 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,037 |
| Insurance | $4,003 |
| All other expenses | $35,678 |
| Total functional expenses | $1,775,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,288,766 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,166,385 |
| 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 | $3,702 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,695 |
| Total assets | $2,462,548 |
| Accounts payable and accrued expenses | $47,064 |
| Grants payable | $0 |
| Deferred revenue | $1,212,289 |
| 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 | $151,374 |
| Total liabilities | $1,410,727 |
| Net assets without donor restrictions | $1,051,821 |
| 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 | $2,462,548 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |
United Brotherhood Of Carpenters And Joiners Of America Metairie, LA | $27,400,853 | $8,587,017 |
Texas Oil And Gas Association Inc Austin, TX | $10,912,231 | $6,947,737 |