Texans for Opportunity FY2020 filing

Not tax-deductible

Austin, TX501(c)(4)Community DevelopmentEIN 84-3891235Revenue $340K in FY2020

On file with the IRS14425 Falcon Head Blvd Ste Bldg E-1, 78738-4412 · Austin, TXTax-exempt since Jul 2020

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Educate and unite Texans behind sound public policy that protects the Texas way of life and improves economic opportunity for all Texans

88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
3 of 3
filings with a surplus
Average surplus $139K a year · 24% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
72 mo
of spending, in cash
Looks good: 71.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$340K
Spent
$49K
To programs
88%
Net assets
$291K
By yearFY2020–FY2024
Revenue
$340K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$340K
FY2021Not on file
FY2022$400K
FY2023$973K
FY2024$31K
Expenses
$49K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$49K
FY2021Not on file
FY2022$275K
FY2023$972K
FY2024Not on file
Net assets
$291K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$291K
FY2021$288K
FY2022$412K
FY2023$414K
FY2024$405K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2020.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $43K Management & general 12% · $6K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
Presidentdirector
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretarydirector
$0Pt VII · Sec A
$0Pt VII · Sec A

Shannon Rusing’s $8K as Treasurer is at the 29th percentile of top reported officer pay among 168 <$100K 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.

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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

Unites Texans to advocate for public policies that protect their way of life and boost economic opportunity.

Questions for Texans for Opportunity

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Provided by the organization

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1 program · $43K · in their own filed words · FY2020
01

The Organization launched a digital media campaign to educate,advocate and unite Texans behind sound public policy that protects the Texas way of life and improves economic opportunity for all Texans.

$43Kprogram expense

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 · FY2023
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$340K
Ln 12
Gifts and grantsLn 1h$340K
Money outPt IX
$49K
Ln 25
Programscol B$43K
Managementcol C$6K
Owns and owesPt X
$291K
net assets · Ln 32
Cash and savingsLn 1–2$291K
Total assetsLn 16$291K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$340K
Total revenueLn 12$340K
Assets in detailPt X, end of year
CashLn 1$291K
Cash and savings togetherLn 1–2$291K
Total assetsLn 16$291K
LiabilitiesLn 26$0
Net assetsLn 32$291K
OperationsPt I, VI
EmployeesI 50
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 FY20End FY20
Cash and savingsLn 1–2$291K
Total assetsLn 16$0$291K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$291K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$120$120
Advertising and promotionLn 12$43K$43K
Office expensesLn 13$222$222
Total functional expensesLn 25$49K$43K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $31K$405K 990 PDF
FY2023 $973K$972K$1K$414K 990 PDF
FY2022 $400K$275K$125K$412K 990 PDF
FY2021 $288K 990 PDF
FY2020 Viewing $340K$49K$291K$291K 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 FY2020 990 (6 parts)
Part I · Summary $340,000 revenue, 12 lines filed
I-8 Contributions and grants$340,000
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$340,000
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 expenses$48,721
I-18 Total expenses$48,721
I-19 Revenue less expenses$291,279
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $340,000 across 4 lines filed
VIII-1f All other contributions, gifts and grants$340,000
VIII-1h Total contributions, gifts and grants$340,000
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$340,000
Part IX · Statement of functional expenses $48,721 across 4 lines filed
IX-11b Legal feesManagement $5,591$5,591
IX-11c Accounting feesManagement $120$120
IX-12 Advertising and promotionPrograms $42,788$42,788
IX-13 Office expensesManagement $222$222
IX-25 Total functional expensesPrograms $42,788 · Management $5,933 · Fundraising $0$48,721
Part X · Balance sheet $291,279 assets, 6 lines filed
X-1 Cash, non-interest-bearing$291,279
X-16 Total assetsStart of year $0$291,279
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictions$291,279
X-32 Total net assets or fund balancesStart of year $0$291,279
X-33 Total liabilities and net assetsStart of year $0$291,279
Part XI · Reconciliation of net assets $291,279 net assets at year end
XI-1 Total revenue$340,000
XI-2 Total expenses$48,721
XI-3 Revenue less expenses$291,279
XI-10 Net assets at end of year$291,279

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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