Texsar Inc
- Assets
- $931.2k
- Revenue
- $463.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Wimberley, TX
- Founding
- 05/2005
- Data as of
- 12/2021
- EIN
- 84-1644603
Organization Overview
Texsar Inc, operating under the name Texas Search and Rescue TEXSAR, is located in Wimberley, TX. The organization was established in 2005. According to its NTEE Classification (M23) the organization is classified as: Search & Rescue Squads, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, Texas Search and Rescue TEXSAR employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Search and Rescue TEXSAR 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 12/2021, Texas Search and Rescue TEXSAR generated $463.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $456.5k during the year ending 12/2021. 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
COMMITTING TO SERVICE ABOVE SELF PERPETUAL TRAINING, AND INTERAGENCY COOPERATION TO MAINTAIN A CONSTANT STATE OF READINESS FOR SEARCH, RESCUE, INCIDENT RESPONSE AND ABOVE ALL ELSE, SAFETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXSAR IS FOCUSED ON SEARCH AND RESCUE, INCIDENT RESPONSE, AND DISASTER RESPONSE IN THE STATE OF TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Mcinnis CEO | 40 | $130,000 | |
Matt Woodruff Chairman | OfficerTrustee | 5 | $0 |
Pam Spann Board Member | OfficerTrustee | 5 | $0 |
Justen Noakes Vice Chairman | OfficerTrustee | 5 | $0 |
Andrew Tull Secretary, Interim Treasurer | OfficerTrustee | 5 | $0 |
Judge Beth Smith Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $63,355 |
| Related organizations | $0 |
| Government grants | $28,247 |
| All other contributions, gifts, grants, and similar amounts not included above | $242,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,190 |
| Total Program Service Revenue | $41,065 |
| Investment income | $1,472 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $87,015 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $463,742 |
| 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. | $130,000 |
| Compensation of current officers, directors, key employees. | $37,768 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,695 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,589 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,880 |
| Advertising and promotion | $6,157 |
| Office expenses | $1,934 |
| Information technology | $6,367 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,317 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,713 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,040 |
| Insurance | $31,690 |
| All other expenses | $799 |
| Total functional expenses | $456,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $382,226 |
| Savings and temporary cash investments | $204,931 |
| 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 | $344,036 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $931,193 |
| Accounts payable and accrued expenses | $4,444 |
| 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 | $4,444 |
| Net assets without donor restrictions | $662,327 |
| 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 | $931,193 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Texsar Inc has recieved totaling $319,200.
| Awarding Organization | Amount |
|---|---|
Texas Mutual Insurance Company Austin, TX PURPOSE: Disaster Relief Funds | $300,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $10,000 |
Coastal Bend Community Foundation Corpus Christi, TX PURPOSE: PROGRAM SUPPORT | $7,950 |
Verizon Foundation Basking Ridge, NJ PURPOSE: VIP PAYOUT FOR 01/14/21 | $750 |
Allstate Foundation Northbrook, IL PURPOSE: EMPLOYEE HELPING HANDS GRANT | $500 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North East Fort Bend County Volunteer Fire Department Sugar Land, TX | $1,271,093 | $4,351,857 |
Bexar County Esd 5 Fire And Rescue Atascosa, TX | $4,179,684 | $630,648 |
Paymentsed Forum Inc Grove, OK | $590,931 | $581,152 |
Texas Equusearch Dickinson, TX | $232,659 | $577,151 |
Texsar Inc Wimberley, TX | $931,193 | $463,742 |
Ascension Community Awareness Emergency Response Committee Geismar, LA | $470,179 | $0 |
Gulfcoast Humanitarian Efforts New Iberia, LA | $45,254 | $205,830 |
Louisiana Operation Lifesaver Incorporated New Orleans, LA | $81,454 | $0 |
Lafourche Crossing Fire Company Thibodaux, LA | $108,296 | $0 |
Search One Rescue Team Lewisville, TX | $335,722 | $0 |
Fayette County Sheriffs Posse La Grange, TX | $154,924 | $0 |
Carancahua Community Volunteer Fire Department Palacios, TX | $203,423 | $0 |