Project Management Institute

Not tax-deductible

Austin, TX501(c)(6)Community DevelopmentEIN 74-2636247Revenue $237K in FY2024

On file with the IRSpmiaustin.org3267 Bee Caves Rd Box 126 Ste 107, 78746-6773 · Austin, TXTax-exempt since Apr 2001

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Promotion of Project Management.

89¢ of each $1 spent went to programs.
Run by 48 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · 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 $13K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
28 mo
of spending, in cash
Looks good: 27.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $9K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$434
0.09% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$237K
+3% vs prior year
Spent
$209K
To programs
89%
Net assets
$486K
By yearFY2020–FY2024
Revenue
$237K
FY2024▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$131K
FY2021$115K
FY2022$140K
FY2023$231K
FY2024$237K
Expenses
$209K
FY2024▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$115K
FY2021$96K
FY2022$165K
FY2023$202K
FY2024$209K
Net assets
$486K
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$435K
FY2021$454K
FY2022$429K
FY2023$458K
FY2024$486K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2001.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $185K Management & general 11% · $24K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
President El
$0Pt VII · Sec A
VP Operation
$0Pt VII · Sec A
$0Pt VII · Sec A
VP Outreach
$0Pt VII · Sec A
$0Pt VII · Sec A
VP of Market
$0Pt VII · Sec A
$0Pt VII · Sec A

Shamila Patel’s $3K as Director of Cert Admin is at the 2nd percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Project Management Institute 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 15aNo

Programs and updates

Promotes project management best practices and professional development.

Provided by the organization

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2 programs · in their own filed words · FY2024
01

Nine chapter meetings that service a minimum of 73 attendees to a maximum 120 attendees that provided 1.5 to 2.0 professional development units. 12 lunch and learn meetings that service a minimum of 32 attendees to a maximum 156 attendees that provided 1 professional development unit.

Pt IX · col B
02

2024 spring PDD with 236 number of attendees provided members 8.75 professional development units with 3 speakers and 1 track. 2024 fall PDD with 213 number of attendees, provided members 8.5 professional development units with 3 speakers and 1 track.

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$9K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$237K
Ln 12
Fees for servicesLn 2g$228K
Investment incomeLn 3$10K
Money outPt IX
$209K
Ln 25
Programscol B$185K
Managementcol C$24K
Owns and owesPt X
$486K
net assets · Ln 32
Cash and savingsLn 1–2$483K
Total assetsLn 16$486K
LiabilitiesLn 26$434
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$228K
Investment incomeLn 3$10K
Total revenueLn 12$237K
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$436K
Cash and savings togetherLn 1–2$483K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$486K
LiabilitiesLn 26$434
Net assetsLn 32$486K
OperationsPt I, VI
EmployeesI 50
VolunteersI 648
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$457K$483K
Land, buildings, equipmentLn 10c$3K$2K
Total assetsLn 16$461K$486K
LiabilitiesLn 26$4K$434
Net assetsLn 32$458K$486K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$16K$16K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$8K$8K
Information technologyLn 14$16K$16K
Conferences, conventions and meetingsLn 19$115K$115K
Depreciation, depletion and amortizationLn 22$1K$1K
Other expenses (24a–d)Ln 24$49K$49K
Total functional expensesLn 25$209K$185K$24K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $237K$209K$28K$486K 990 PDF
FY2023 $231K$202K$29K$458K 990 PDF
FY2022 $140K$165K−$25K$429K 990 PDF
FY2021 $115K$96K$19K$454K 990 PDF
FY2020 $131K$115K$16K$435K 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 $237,465 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $230,774$227,726
I-10 Investment incomePrior year $40$9,739
I-11 Other revenue$0
I-12 Total revenuePrior year $230,814$237,465
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $202,036$209,231
I-18 Total expensesPrior year $202,036$209,231
I-19 Revenue less expensesPrior year $28,778$28,234
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $237,465 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $227,726$227,726
VIII-3 Investment incomeExcluded from tax $9,739$9,739
VIII-12 Total revenueRelated to mission $227,726 · Excluded from tax $9,739$237,465
Part IX · Statement of functional expenses $209,231 across 7 lines filed
IX-11c Accounting feesManagement $15,862$15,862
IX-12 Advertising and promotionPrograms $4,649$4,649
IX-13 Office expensesManagement $7,977$7,977
IX-14 Information technologyPrograms $15,613$15,613
IX-19 Conferences, conventions and meetingsPrograms $114,720$114,720
IX-22 Depreciation, depletion and amortizationPrograms $1,001$1,001
IX-24 Other expenses (24a–d)Programs $49,409$49,409
IX-25 Total functional expensesPrograms $185,392 · Management $23,839 · Fundraising $0$209,231
Part X · Balance sheet $486,343 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $36,029$47,243
X-2 Savings and temporary cash investmentsStart of year $421,256$435,995
X-9 Prepaid expenses and deferred chargesStart of year $300$809
X-10c Land, buildings and equipment, netStart of year $3,298$2,296
X-16 Total assetsStart of year $461,381$486,343
X-17 Accounts payable and accrued expensesStart of year $3,706$434
X-26 Total liabilitiesStart of year $3,706$434
X-27 Net assets without donor restrictionsStart of year $457,675$485,909
X-32 Total net assets or fund balancesStart of year $457,675$485,909
X-33 Total liabilities and net assetsStart of year $461,381$486,343
Part XI · Reconciliation of net assets $485,909 net assets at year end
XI-1 Total revenue$237,465
XI-2 Total expenses$209,231
XI-3 Revenue less expenses$28,234
XI-4 Net assets at start of year$457,675
XI-10 Net assets at end of year$485,909

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

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