Texas Institute For Education & Economic Revitalization Inc
- Assets
- $76.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 61-1900657
Organization Overview
Texas Institute For Education & Economic Revitalization Inc is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational 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. Texas Institute For Education & Economic Revitalization Inc 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 12/2023, Texas Institute For Education & Economic Revitalization Inc generated $137.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $95.8k during the year ending 12/2023. 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
TIEER PROVIDES ASPIRING UNDERSERVED ENTREPRENEURS (A) ACCESS TO CAPITAL WITH LOW COST LOANS; (B) EDUCATION ON BUSINESS PRACTICES AS WELL AS ENTREPRENEURSHIP AND (C) MENTORSHIP THAT IS INDUSTRY SPECIFIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Stolbun President | 2 | $0 | |
Gary Bledsoe Vice President | 1 | $0 | |
Barbara Bratter Secretary/executive Director | 10 | $0 | |
Rick Stein Treasurer | 1 | $0 | |
Howard Jefferson Director | 1 | $0 | |
Marcia Johnson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,600 |
| 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 | $137,600 |
| 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 | $1,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $94,021 |
| Total expenses | $95,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,073 |
| Other assets | $0 |
| Total assets | $76,073 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,073 |