Austin Member-owned Business Foundation
Nonprofit profile at a glance
- EIN
- 812782668
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Austin, TX, USA
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $150,707
- Expenses
- $139,960
- Assets
- $46,168
- Liabilities
- $1,415
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Doug Addison (President)
People named in this filing
- Doug Addison (President)
- Beth Beutel (Secretary)
- Andi Shively (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Austin Cooperative Business Foundation supports promotes and encourages activities in furtherance of the cooperative business model in Central Texas. ACBF fosters a positive economic and social environment for cooperative businesses and provides educational opportunities for all those interested in the cooperative business model.
What it reported doing in 2024
ACBF supports cooperative development and sustainability efforts in Texas through education fundraising specific cooperative projects providing technical assistance and access to financing for cooperatives. In 2024 ACBF met with loan applicants to explore business viability and loan readiness; completed 1 loan application through its Cooperative Roots Fund. ACBF continued a collaboration with a cooperatively owned housing community to increase membership capacity and sustainability of affordable housing. Monthly events focused on education and leadership development. ACBF developed educational material about the relationship between unions and co-ops. ACBF supported new and existing cooperatives built partnerships to sustain funding resources for the cooperative ecosystem and increased educational and financial resources for people who want to start cooperative businesses. Community Outreach activities include networking tabling social media and a monthly newsletter.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.4%; rating input score 86
- Program expense ratio: 93.1%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 7.1%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 68.5% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 64.4% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 55.8% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 86.4% of revenue deployed · 93.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $130K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.