2023-04-17T22:29:38-05:00 2022-05-31 721396621 CARR RIGGS & INGRAM LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2021-06-01 741988533 HOUSTON TSCPA FOUNDATION HOUS 7136227733 1233 WEST LOOP S 1425 HOUSTON TX 77027 MARK ALLEN EXECUTIVE DIRECTOR 7136227733 2023-04-17 1 MARK ALLEN 999009999 KRISTEN SIMPSON P01268482 7136218090 2023-04-14 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X MARK ALLEN CAE 1233 WEST LOOP S 1425 HOUSTON TX 77027 1877700 0 X WWW.TXCPAHOUSTON.CPA X 1978 TX TO EDUCATE, INFORM, AND LEAD. 25 25 0 150 0 0 398114 355184 450830 490636 210208 197200 2713 2552 1061865 1045572 107560 83225 0 0 218436 210159 0 0 14794 337366 615955 663362 909339 398503 136233 2867875 3608948 177963 1008208 2689912 2600740 DEVELOP, PROMOTE, AND PRESENT PROGRAMS OF CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT INTEREST TO CPAS IN THE HOUSTON AREA. THE FOUNDATION ALSO HAS FUNDRAISING PROGRAMS FOR ENDOWMENTS AND CHARITABLE CAUSES. 0 0 616260 490636 THE HOUSTON TSCPA FOUNDATION WAS ORGANIZED IN 1978 TO PROVIDE CONTINUING PROFESSIONAL EDUCATION FOR CPAS IN HOUSTON AND THROUGHOUT TEXAS. LAST YEAR, 84 CONTINUING PROFESSIONAL EDUCATION PROGRAMS WERE OFFERED AND CPA PARTICIPANTS HAD THE OPPORTUNITY TO EARN UP TO 342 HOURS OF CPE. 14725 14725 THE CPAS HELPING SCHOOLS PROGRAM AND ENDOWMENT HAS BENEFITTED HUNDREDS OF SCHOOLS THROUGH CASH GRANTS AND OTHER SUPPORT. 68500 68500 THE ANNUAL SCHOLARSHIP EXTRAVAGANZA HAS PROVIDED OVER $1,800,000 IN SCHOLARSHIPS TO AREA ACCOUNTING STUDENTS FOR 13 YEARS. 699485 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KRISTIE ONDRACEK 7136227733 1233 WEST LOOP S STE 1425 HOUSTON TX 77027 KELLY HUNTER PRESIDENT 1.00 1.00 X X 0 0 0 CHARLOTTE JUNGEN PRESIDENT-ELECT 2.00 2.00 X X 0 0 0 TIMOTHY ADLER TREASURER 1.00 1.00 X X 0 0 0 KATHERINE RODRIGUEZ TREASURER-ELECT 1.00 1.00 X X 0 0 0 BRAD ELGIN SECRETARY 1.00 1.00 X X 0 0 0 ADAM DIMMICK VICE PRESIDENT 1.00 1.00 X X 0 0 0 MO AL-KAWAFHA DIRECTOR 1.00 1.00 X 0 0 0 BRIAN ALBERTS DIRECTOR 1.00 1.00 X 0 0 0 DAVID DYER DIRECTOR 1.00 1.00 X 0 0 0 WADE EGMON DIRECTOR 1.00 1.00 X 0 0 0 ROLANDO GARCIA DIRECTOR 1.00 1.00 X 0 0 0 RYAN FIRTH DIRECTOR 1.00 1.00 X 0 0 0 TRACY TYLER DIRECTOR 1.00 1.00 X 0 0 0 HARVIN LAWHON DIRECTOR 1.00 1.00 X 0 0 0 KELLY HIGGINBOTHAM DIRECTOR 1.00 1.00 X 0 0 0 MICHELLE MULLEN DIRECTOR 1.00 1.00 X 0 0 0 KENNETH OMORUYI DIRECTOR 1.00 1.00 X 0 0 0 GERI PACHECO DIRECTOR 1.00 1.00 X 0 0 0 TAMI PREECE DIRECTOR 1.00 1.00 X 0 0 0 SUSAN SAMPLE DIRECTOR 1.00 1.00 X 0 0 0 DANIELLE SUPKIS CHEEK DIRECTOR 1.00 1.00 X 0 0 0 SABLE WATERS DIRECTOR 1.00 1.00 X 0 0 0 DARRELL GROVES IMMEDIATE PAST PRESIDENT 4.00 4.00 X 0 0 0 RUBIK YERIAZARIAN DIRECTOR 1.00 1.00 X 0 0 0 MARK ALLEN EXECUTIVE DIRECTOR/ASST SE 25.00 25.00 X 0 127423 0 STEPHEN KING DIRECTOR 1.00 1.00 X 0 0 0 KRISTIE ONDRACEK EMPLOYEE 25.00 25.00 X 0 105941 0 0 233364 0 0 0 0 0 0 78354 252000 24830 355184 PROFESSIONAL DEVELOPME 541900 482551 482551 FACILITY FEES 541900 8085 8085 490636 56852 56852 917304 776956 140348 140348 140348 55172 78354 55172 0 OTHER MISCELLANEOUS IN 541900 2552 2552 2552 1045572 490636 0 199752 14725 14725 68500 68500 210159 152854 52980 4325 1768 831 866 71 15493 7282 7592 619 14232 14232 9365 5233 3820 312 5343 3843 1387 113 31598 17054 13448 1096 169310 98715 65267 5328 1396 784 563 49 103627 97881 5312 434 16671 7835 8169 667 548 308 221 19 MEALS 150496 149443 973 80 INSTRUCTOR/SPEAKER FEE 52147 52135 12 0 CREDIT CARD FEES 26709 12566 13076 1067 SUBSCRIPTIONS & MEMBERS 7964 4475 3210 279 9288 5021 3932 335 909339 699485 195060 14794 465776 116659 459661 151545 13121 59176 54975 44037 489764 76189 14385 413575 1494465 1599875 355902 803418 9590 420663 2867875 3608948 27711 192243 63859 88053 86393 727912 177963 1008208 X 495217 415634 2194695 2185106 2689912 2600740 2867875 3608948 136233 -225405 0 X X 0 1 X 1 0 X 236873 472809 42722 106795 103184 962383 1124179 1049799 766113 450830 490636 3881557 1001 3878 5982 54613 2252 67726 1362053 1526486 814817 612238 596072 4911666 0 0 0 4911666 56279 49795 53599 45778 56852 262303 56279 49795 53599 45778 56852 262303 1418332 1576281 868416 658016 652924 5173969 0.94930 0.95790 0.05070 0.04210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1857541 -17943 11606 1827992 1323495 546341 12295 1857541 1307504 450 27681 12140 1323495 1314938 -2719 4715 1307504 1221910 36397 96312 39681 1314938 0.55220 0.44780 0 0 377257 3544 373713 52129 50840 1289 60378 21805 38573 413575 CORPORATE BONDS 803418 C 803418 OTHER ASSETS 10449 RIGHT OF USE ASSET 410214 420663 INTER-ENTITY PAYABLES 53165 OPERATING LEASE LIABILITY 669071 CURRENT PORTION LEASE LIABILITY 5676 727912 X 553935 -225405 -225405 779340 14232 252000 266232 1045572 895107 0 895107 14232 14232 909339 PART X, LINE 2: THE CHAPTER IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE 501(C)(6). THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(3) AND IS CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER 509(A)(1). ACCORDINGLY, THE ORGANIZATION HAS NOT MADE ANY PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET UNRELATED BUSINESS INCOME FROM ADVERTISING AND SALES. DURING THE YEARS ENDED MAY 31, 2022 AND 2021, UNRELATED BUSINESS INCOME TAXES WERE INSIGNIFICANT. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS WHEN IT IS MORELIKELYTHANNOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF MAY 31, 2022 AND 2021, THE ORGANIZATION HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RELATED ORGANIZATION CONTRIBUTION 252,000. SCHOLARSHIP EXTRAVAGANZA 125976 75860 50116 17498 15169 850 16600 TOP GOLF FUNDRAISER 7550 2494 5056 2475 2480 100 133526 78354 55172 19973 17649 850 16700 55172 0 1 CPAS HELPING SCHOOLS 1233 WEST LOOP S STE 1425 HOUSTON TX 77027 741988533 501(C)(3) 14725 0 EDUCATIONAL SUPPORT ACADEMIC SCHOLARSHIPS 21 68500 PART I, LINE 2: COMMITTEE MEETINGS WITH MEMBERS AND STAFF TO REVIEW THE REQUESTS AND EXPENDITURES. X 1 1 X X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS THROUGH THE HOUSTON CPA SOCIETY, WHICH IS RELATED TO THE HOUSTON TSCPA FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE OFFICERS AND DIRECTORS OF THE BOARD AND SOME COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS GIVEN TO THE EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER AND THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO THE RETURN BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EACH YEAR. IF ANY ITEMS ARE THOUGHT TO BE CONFLICTING, THEY ARE BROUGHT UP AND DISCUSSED WITH THE BOARD AND A DETERMINATION IS MADE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER INVOLVES REVIEW BY THE PERSONNEL COMMITTEE, USING DATA AS TO COMPENSATION FOR SIMILAR SITUATED ORGANIZATIONS. THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND THE CHIEF FINANCIAL OFFICER RECOMMENDED BY PERSONNEL COMMITTEE IS PRESENTED TO THE FULL BOARD FOR FINAL APPROVAL. COMPENSATION FOR ALL EMPLOYEES WILL BE REVIEWED AT LEAST ANNUALLY IN APRIL OR MAY BY THE PERSONNEL COMMITTEE. FINAL APPROVAL OF TOTAL RECOMMENDED INCREASES, IF ANY, SHALL BE THE RESPONSIBILITY OF THE FULL BOARD, CONSISTENT WITH THE APPROVED BUDGET. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS AVAILABLE ON THEIR WEBSITE, WWW.TXCPAHOUSTON.CPA AND MAKES THE FINANCIAL STATEMENTS AVAILABLE THROUGH WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THEY DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. TXCPA HOUSTON 1233 WEST LOOP S STE 1425 HOUSTON TX 77027 741335242 CPAS TX 501(C)(6) N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 TXCPA HOUSTON C 252000 ACTUAL TXCPA HOUSTON E 499520 ACTUAL TXCPA HOUSTON O 210158 COMPENSATION