Boys & Girls Clubs in Texas
Nonprofit profile at a glance
- EIN
- 201493423
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017
- Location
- Austin, TX, USA
- Phone
- 5123017771
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $1,612,629
- Expenses
- $1,340,750
- Assets
- $674,403
- Liabilities
- $114,752
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DRU LAMANTIA (PRESIDENT)
- MARK MAGNON (VICE PRESIDENT)
Highest reported compensation
- MISTY MILLER (DIRECTOR): $455,060 total reported compensation
- FAY BEARD (DIRECTOR): $165,686 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote exclusively the social welfare of boys and girls in Texas; to provide guidance and to promote the health, social, educational, vocational, character, and cultural development of boys and girls in Texas without regard to race, color, creed, or national origin; and to receive, invest, and disburse funds, and to hold property for the purpose of the corporation.
What it reported doing in 2024
The american electric power foundation is funded by american electric power and its operating subsidiaries. The foundation provides a permanent, ongoing resource for charitable initiatives in the communities served by aep and initiatives outside of aep's 11-state service area. The foundation focuses on improving lives through education from early childhood through higher education in the areas of science, technology, engineering and math and by meeting basic needs for emergency shelter, affordable housing and the elimination of hunger.
Operating model
- Revenue model
- Grant-funded. 76% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most filed governance safeguards are in place. The filing does not identify recipients for some grant dollars and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 54
- Accountability: 83
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.7%; rating input score 83
- Program expense ratio: 99.4%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 7%; rating input score 7; 25th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 71.4%; rating input score 71; 15th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 16.9%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 13.9% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 24.7% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 22.1% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 82.7% of revenue deployed · 99.4% of spending went to programs
- Governance: 5 of 7 board members independent · 7 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $1.3M in reported program spending
- Leadership: top reported pay $455K · 7 people listed · 1 of 6 pay-setting controls reported
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 3 filed related-organization links
- 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.
- High — Transparency & Controls: Grant itemization coverage scored 7/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.