Fort Worth Chapter Texas Society of Certified Public Accountants
Nonprofit profile at a glance
- EIN
- 237329251
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Addison, TX, USA
- Phone
- 9726878500
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $246,049
- Expenses
- $284,140
- Assets
- $715,045
- Liabilities
- $123,832
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- ANDREW HALL (Vice President)
- KIMBERLY KNOX-LEWIS (President-elect)
- JOSHUA WILLSON (Vice President)
- GARY TONNIGES JR (President)
- STEPHANIE SHANER (Past-President)
- CHRIS LUCAS (Vice President)
People named in this filing
- ANDREW HALL (Vice President)
- Cynthia Beavers (Director)
- DAPHNE ALEXANDER (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The fort worth chapter, Texas society of certified public accountants, (txcpa), founded in 1929, is an organization of approximately 2,600 members. The chapter, together with the txcpa, works to enhance the integrity of the cpa certificate by developing members and volunteers by implementing programs that build professional skills, providing educational programs, broaden public perception of cpas' knowledge and services, and facilitating members' delivery of services to meet market needs.
What it reported doing in 2024
The Chapter supported the professional development of its 2,246 members while promoting the value and high standards of Texas CPAs in the Fort Worth region. This mission was advanced through programs and activities designed to facilitate member networking, peer collaboration, and continuing professional education. During the reporting period, the Chapter held 18 committee meetings with 238 participants, presented five continuing professional education programs attended by 496 participants, and hosted 20 member networking events with 941 participants, for a combined total attendance of 1,675 participants.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 38
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -15.5%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 2.52; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -6% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 29 of 29 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 29 people listed
- Consistency: 10 of 11 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 17/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 21/100.