Texas Gas Association Scholarship Fund
Nonprofit profile at a glance
- EIN
- 760718474
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Austin, TX, USA
- Phone
- 5123288632
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $67,102
- Expenses
- $30,708
- Assets
- $430,868
- Liabilities
- $31,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- ALAN BEAN (CO-CHAIR)
- DR MATT JOINER (CO-CHAIR)
- JAKE PARRISH (SECRETARY)
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
Provide scholarships for 10 entering first-year students, 8 attending four-year colleges and 2 for trade school attendees.
Operating model
- Revenue model
- Other-operating. 82% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 82
- Sustainability: 80
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.1%; rating input score 41
- Program expense ratio: 81.4%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 54.2%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 14.03; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 15.6% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: -1.2% per year; rating input score 0; 46th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 41.1% of revenue deployed · 81.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2015 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.