Texas Association of Property Tax Professionals
Nonprofit profile at a glance
- EIN
- 742509830
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025
- Location
- Helotes, TX, USA
- Phone
- 2108722078
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $582,025
- Expenses
- $546,293
- Assets
- $863,345
- Liabilities
- $65,091
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- DAWN BRADY MORRIS (PRESIDENT)
- HENRY MEHRDAD (VICE PRESIDENT)
- GARY RIVAS (IMMEDIATE PAST PRESIDENT)
- NANCY BOUDREAUX (EXECUTIVE DIRECTOR)
Highest reported compensation
- NANCY BOUDREAUX (EXECUTIVE DIRECTOR): $112,500 total reported compensation
- RAY HEAD (EXEC COMM MEMBER AT LARGE): $24,000 total reported compensation
- CHIMICE BROWN (DIRECTOR): $1,125 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To protect the rights of property taxpayers by advancing the professional practice of property tax consulting through education and high ethical standards.
What it reported doing in 2025
Government relations - held committee meetings to review property tax code and proposed legislation. Appointed representatives to attend house and senate committee hearings. Recruited legislator to sponsor bills.
Operating model
- Revenue model
- Earned-program. 99% 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: 92
- Accountability: 82
- Sustainability: 45
- Growth: 60
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; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 76.9%; rating input score 77; 20th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 6.1%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 25.2%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 10 of 13 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $112K · 13 people listed
- Highest-paid contractors: 2 contractors listed · $292K reported
- Consistency: 10 of 18 current checks pass · 8 findings to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX ConferencesMeetings column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX FeesForServicesAccounting column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX FeesForServicesLobbying column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX FeesForServicesManagement column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Insurance column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX OfficeExpenses column sum did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Accountability: Governance controls: Conflict-of-interest policy not reported.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.