Texas Premier Technology Institute Inc
Nonprofit profile at a glance
- EIN
- 473249737
- IRS 990 coverage
- 2021–2023
- Forms available
- Form 990 2023, Form 990-EZ 2019, Form 990-N 2018
- Location
- Arlington, TX, USA
- Phone
- 4693596053
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $588,400
- Expenses
- $568,554
- Assets
- $117,008
- Liabilities
- $97,162
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Jackie Smith (Director)
- Veronica Smith (SVP)
- Therelee Washington (Principal)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Texas Premier Technology Institute Inc. TPTI mission to assist underserved communities dislocated workers and youth with IT career skills training and job placement assistance. TPTI was established to prepare students for the burgeoning Information Technology industry. Our integrated instruction and programs prepare students to excel in the competitive world of technology. Upon completion TPTI students are also prepared to take exams offered by our partner channels: Microsoft IT Academy Cisco Net Academy and CompTIA. TPTI students can work toward a wide range of certifications as they are guided and taught by our certified instructors all of whom are experienced subject matter experts.
What it reported doing in 2023
Texas Premier Technology Institute Inc. mission is to provide Career Technology Training Services to underserved youth under employed adults and unemployed adults preparing them for occupations that are in-demand and assisting individuals to become self-sufficient and independent through RAP around services which also include Career Services and Job Placement assistance. TPTI also offers a quarterly Youth Aspire Programs for High School Students ages 14-17 as an early introduction into the careers in Information Technology.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 63
- Accountability: 55
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 70%; rating input score 70; 0th 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: 42.9%; rating input score 43; 10th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.4%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.83; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 25.9% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 19.5% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 19.8% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 7 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $632K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 25 of 40 current checks pass · 15 findings to review
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Accountability: Independent voting board scored 43/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Advertising column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX AllOtherExpenses column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX CompCurrentOfficersDirectors 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 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 Interest column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Occupancy 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 — Transparency & Controls: Part IX OtherSalariesAndWages column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX PayrollTaxes column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX Travel column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Series program expenses within total did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.