Texas College Alumni & Ex Students Association Inc

Nonprofit profile at a glance

EIN
800497394
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Cedar Hill, TX, USA
Phone
2146429987
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Alumni Associations

Reported finances

Revenue
$86,051
Expenses
$42,881
Assets
$102,167
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • ATHENA SMITH JACKSON (NATIONAL PRESIDENT)

People named in this filing

  • ATHENA SMITH JACKSON (NATIONAL PRESIDENT)

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

To promote the welfare of Texas college, it alumni and it's ex-students. To give to the college moral and financial assistance when and where needed. To maintain a medium of information among the college, the alumni and former student

What it reported doing in 2024

The alumni chapter of Texas college provided grants/scholarships to Texas college as a pass thru account. As the alumni chapters collected revenue from various chapters under the umbrella of national alumni chapter. The money is given straight to Texas college on an annual basis. Also, included was $100 donated to Texas college for a leadership symposium on campus. All grants donated are designated as grant money for students tuition.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

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: 7
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 67
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6%; rating input score 6
  • Program expense ratio: 12%; rating input score 12
  • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 50.2%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 2.38; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -41.5% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 7% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 14.4% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 6% of revenue deployed · 12% of spending went to programs
  • Governance: 350 of 350 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 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 6/100.
  • High — Financial Efficiency: Program expense ratio scored 12/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.