Texas Nurses Association

What it reported doing in 2024

Dietrich scholarship process description: students must be currently enrolled in an rn-bsn or graduate nursing program and have at least one semester left to complete their studies at the time the scholarship is awarded. They must have been a member of tna for at least one year as of the date of application for the scholarship and have a cumulative gpa of 3.0/4.0 scale (or equivalent). Tna board members, tna scholarships committee members and tna staff, and their respective family members, are not eligible. At least one scholarship is designated for a member in a rn-bsn program. The application process requires students to submit college transcript(s), resume/cv, letters of recommendation, and a short essay regarding past achievements and future goals as a registered nurse, how tna membership has helped with their nursing career, their plan for career goal achievement, etc. Tna board-appointed scholarship committee members oversee the process and use a rubric in the evaluation of the applications, essays, and submitted materials. Scholarship recipients and their respective nursing programs are notified of the award. Scholarship awards are sent directly to the institution where the student is enrolled for tuition purposes. The amount and number of scholarships awarded is contingent on the annual amount budgeted for scholarships by the tna board in the budget process. Nursing practice programs provided by tna include: educational sessions, informational materials, and other resources for nurses on practice issues (e.g., infectious disease, nurse staffing, advocacy, patient safety, policy issues), member committee support and facilitation, a member practice resource line, as well as informational materials and resources for patients.

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: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -12.4%; rating input score 11; 11th percentile among comparable filings
• Total-asset coverage ratio: 3.17; rating input score 75; 75th percentile among comparable filings
• Liabilities to assets ratio: 0.22; rating input score 42; 42nd percentile among comparable filings
• Officer compensation ratio: 28.7%; rating input score 6; 6th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: -7.4% per year; rating input score 0; 2nd percentile among comparable filings
• Asset growth: 7.6% per year; rating input score 100; 48th percentile among comparable filings