Texas Restaurant Association

Not tax-deductible

Austin, TX501(c)(6)Since 1937EIN 74-0921350Revenue $8.5M in FY2024

On file with the IRStxrestaurant.org512 E Riverside Dr Ste 250, 78704-1300 · Austin, TXTax-exempt since Jan 1986

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Promote the foodservice industry and food safety through education, research and training.

Run by 100 volunteers and 30 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $718K a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.2M
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
59
of 59 voting members
Looks good: 59 of 59 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.5M
+35% vs prior year
Spent
$6.1M
Net assets
$11.0M
By yearFY2020–FY2024
Revenue
$8.5M
FY2024▲ +35%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.6M
FY2021$5.9M
FY2022$6.7M
FY2023$6.3M
FY2024$8.5M
Expenses
$6.1M
FY2024▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.5M
FY2021$5.1M
FY2022$5.5M
FY2023$6.2M
FY2024$6.1M
Net assets
$11.0M
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.6M
FY2021$9.5M
FY2022$9.0M
FY2023$10.2M
FY2024$11.0M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

63 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past Chair (thru Feb 2024)
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Texas Restaurant Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports Texas foodservice businesses by providing industry education, food safety training, and curated partner discounts to help members run efficient, profitable operations.

Questions for Texas Restaurant Association

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Provided by the organization

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3 programs · in their own filed words · FY2024
01

Sponsor and Partner Relationships

To bring a curated set of solutions to our members, supporting their running of an efficient operations, the tra seeks our sponsors and partners to provide not only financial support of the association so that dues may be kept at a reasonable, but also to provide our membership with the products, services, and discounts that help them…

Pt IX · col B
02

Texas Restaurant Show

Our annual trade show and education conference is the largest state-run convention of its kind, and second largest in the us behind the nra annual restaurant show. The event brings together the industry and presents them with the latest information, innovations, and TECHNOLOGIES/EQUIPMENT in order to successfully run their foodservice…

Pt IX · col B
03

Membership & Member Engagement

As a 501(c)(6) member driven organization, it is our fundamental focus to engage and retain the most restaurant and foodservice operators in texas as members of the association.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Fwd US INCFY2024$50K
Total grants receivedfrom 1 funder$50K
Grants paid · 5 grants · $88K · 2024–2024
Texas Restaurant AssociationTX · FY2024$20,100
Texas Restaurant Association - Tarrant County ChapterFY2024$11,300
Individual RecipientFY2024$8,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$8.5M
Ln 12
Fees for servicesLn 2g$3.7M
Investment incomeLn 3$2.8M
Gifts and grantsLn 1h$1.2M
Money outPt IX
$6.1M
Ln 25
Owns and owesPt X
$11.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$13.2M
LiabilitiesLn 26$2.2M
PeoplePt VI, VII
63
listed · VII A
PaidVII A0
Voting boardVI 1a59
IndependentVI 1b59
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$3.7M
Investment incomeLn 3$2.8M
Other incomeLn 4–11$793K
Gains on assetsLn 7$2.5M
Total revenueLn 12$8.5M
Assets in detailPt X, end of year
CashLn 1$1.7M
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$10.6M
Land, buildings, equipmentLn 10c$7K
Other assetsLn 15$460K
Total assetsLn 16$13.2M
LiabilitiesLn 26$2.2M
Net assetsLn 32$11.0M
OperationsPt I, VI
EmployeesI 530
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.1M$1.7M
InvestmentsLn 11–13$8.2M$10.6M
Land, buildings, equipmentLn 10c$15K$7K
Total assetsLn 16$11.9M$13.2M
LiabilitiesLn 26$1.7M$2.2M
Net assetsLn 32$10.2M$11.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$236K
Other salaries and wagesLn 7$2.3M
Pension plan contributionsLn 8$153K
Other employee benefitsLn 9$372K
Payroll taxesLn 10$203K
Lobbying feesLn 11d$240K
Investment management feesLn 11f$82K
Other fees for servicesLn 11g$99K
Advertising and promotionLn 12$307K
Office expensesLn 13$169K
Information technologyLn 14$303K
OccupancyLn 16$249K
TravelLn 17$372K
Conferences, conventions and meetingsLn 19$845K
Depreciation, depletion and amortizationLn 22$7K
InsuranceLn 23$11K
Other expenses (24a–d)Ln 24$140K
All other expensesLn 24e$13K
Total functional expensesLn 25$6.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $8.5M$6.1M$2.4M$11.0M 990 PDF
FY2023 $6.3M$6.2M$110K$10.2M 990 PDF
FY2022 $6.7M$5.5M$1.2M$9.0M 990 PDF
FY2021 $5.9M$5.1M$783K$9.5M 990 PDF
FY2020 $3.6M$4.5M−$928K$6.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $8,495,064 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,685,350$1,236,858
I-9 Program service revenuePrior year $2,131,518$3,697,406
I-10 Investment incomePrior year $197,806$2,767,528
I-11 Other revenuePrior year $1,279,396$793,272
I-12 Total revenuePrior year $6,294,070$8,495,064
I-13 Grants and similar amounts paidPrior year $291,402$235,747
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,662,369$3,034,446
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,230,229$2,837,242
I-18 Total expensesPrior year $6,184,000$6,107,435
I-19 Revenue less expensesPrior year $110,070$2,387,629
Part VI · Governance 59 of 59 board members independent, no flags
VI-1a Voting members of the governing body59
VI-1b Independent voting members59
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,495,064 across 8 lines filed
VIII-1f All other contributions, gifts and grants$1,236,858
VIII-1h Total contributions, gifts and grants$1,236,858
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,697,406$3,697,406
VIII-3 Investment incomeExcluded from tax $264,240$264,240
VIII-5 RoyaltiesExcluded from tax $643,272$643,272
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,503,288$2,503,288
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $150,000$150,000
VIII-12 Total revenueRelated to mission $3,847,406 · Unrelated business $0 · Excluded from tax $3,410,800$8,495,064
Part IX · Statement of functional expenses $6,107,435 across 18 lines filed
IX-1 Grants to domestic organizations$235,747
IX-7 Other salaries and wages$2,306,787
IX-8 Pension plan contributions$152,909
IX-9 Other employee benefits$371,967
IX-10 Payroll taxes$202,783
IX-11d Lobbying fees$240,000
IX-11f Investment management fees$82,232
IX-11g Other fees for services$98,923
IX-12 Advertising and promotion$306,848
IX-13 Office expenses$169,150
IX-14 Information technology$302,666
IX-16 Occupancy$249,310
IX-17 Travel$372,390
IX-19 Conferences, conventions and meetings$845,339
IX-22 Depreciation, depletion and amortization$7,428
IX-23 Insurance$10,887
IX-24 Other expenses (24a–d)$139,566
IX-24e All other expenses$12,503
IX-25 Total functional expenses$6,107,435
Part X · Balance sheet $13,162,628 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $3,126,976$1,666,137
X-4 Accounts receivableStart of year $191,946$304,075
X-9 Prepaid expenses and deferred chargesStart of year $86,459$107,964
X-10c Land, buildings and equipment, netStart of year $14,855$7,428
X-11 Publicly traded securitiesStart of year $8,234,764$10,456,717
X-12 Other securitiesStart of year $0$160,139
X-14 Intangible assetsStart of year $256,716$0
X-15 Other assetsStart of year $10,924$460,168
X-16 Total assetsStart of year $11,922,640$13,162,628
X-17 Accounts payable and accrued expensesStart of year $377,691$935,737
X-19 Deferred revenueStart of year $1,047,380$1,131,589
X-25 Other liabilitiesStart of year $320,405$109,896
X-26 Total liabilitiesStart of year $1,745,476$2,177,222
X-27 Net assets without donor restrictionsStart of year $10,177,164$10,985,406
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $10,177,164$10,985,406
X-33 Total liabilities and net assetsStart of year $11,922,640$13,162,628
Part XI · Reconciliation of net assets $10,985,406 net assets at year end
XI-1 Total revenue$8,495,064
XI-2 Total expenses$6,107,435
XI-3 Revenue less expenses$2,387,629
XI-4 Net assets at start of year$10,177,164
XI-5 Net unrealized gains (losses) on investments−$1,578,386
XI-8 Prior period adjustments−$1,001
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,985,406

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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