Trans-pecos El Paso Regional Center Of

Nonprofit profile at a glance

EIN
205046519
IRS 990 coverage
2010–2012
Forms available
Form 990 2012
Location
El Paso, TX, USA
Phone
9155348148
Rating confidence
Limited
Sector
Community Improvement, Capacity Building N.E.C.

Official website

Reported finances

Revenue
$248,444
Expenses
$298,245
Assets
$68,391
Liabilities
$5,280

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

10 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support, foster, and facilitate the development, funding and commercialization of emerging technology, research, development, and innovation in the el paso, Texas region.to serve as a regional center for innovation and commercialization of research and technology and to evaluate entreprenurial opportunities and other related activities as contemplated in an act passed by the Texas legislature referred to as h.b. 1765 and in chapter 490 of the Texas government code.

What it reported doing in 2012

The rcic collaborates with institutions of higher learning and regional economic development organizations to develop partnerships and identify promising research and commercialization efforts that leverage emerging technology. These organizations include the university of Texas at el paso, Texas tech university health sciences center, el paso community college, redco, the city of el paso, and the hub of human innovation. The rcic is the entity that identifies and helps prepare entrepreneurs and companies seeking to apply to the Texas emerging technology fund in accordance with the Texas legislature's h.b. 1765 and in chapter 490 of the Texas government code. The organization provided support for about 65 entreprenenurs.

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -20%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 46.9%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -4% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: -31% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $213K in reported program spending
  • Leadership: top reported pay $140K · 10 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2010 to 2012
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.