TEXAS ACADEMY OF MEDICINE ENGINEERING SCIENCE AND TECHNOLOGY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
TEXAS ACADEMY OF MEDICINE ENGINEERING SCIENCE AND TECHNOLOGY (EIN 20-1014851)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-02
IRS object ID
202343069349302804
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-02T15:01:12-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203992693PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RANDY WALKER & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17800 IH 10 WEST STE 505AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78230ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201014851EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TEXAS ACADEMY OF MEDICINE ENGINEERINGBusinessNameLine1Txt
Business Name Line2SCIENCE AND TECHNOLOGYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlTEXABusinessNameControlTxt
Phone5124713823PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13925 W BRAKER LANE 38018AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78759ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTERRENCE HENRYPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5124713823PhoneNum
Signature2023-10-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTERRENCEPersonFirstNm
Person LastHENRYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRANDY L WALKER CPAPreparerPersonNm
PTINP00963779PTIN
Phone2103669430PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerTERRENCE HENRYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13925 W BRAKER LANE 38018AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78759ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$991,981GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TAMEST.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTAMEST BRINGS THE STATE'S TOP SCIENTIFIC, ACADEMIC AND CORPORATE MINDS TOGETHER TO FURTHER POSITION TEXAS AS A NATIONAL RESEARCH LEADER.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,899,325PYContributionsGrantsAmt
CY Contributions Grants$483,050CYContributionsGrantsAmt
PY Program Service Revenue$600PYProgramServiceRevenueAmt
CY Program Service Revenue$101,690CYProgramServiceRevenueAmt
PY Investment Income$920,577PYInvestmentIncomeAmt
CY Investment Income$407,241CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,820,502PYTotalRevenueAmt
CY Total Revenue$991,981CYTotalRevenueAmt
PY Grants And Similar Paid$100,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$105,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$15,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$193,520CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$12,500PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$911,400PYOtherExpensesAmt
CY Other Expenses$1,160,573CYOtherExpensesAmt
PY Total Expenses$1,038,900PYTotalExpensesAmt
CY Total Expenses$1,459,093CYTotalExpensesAmt
PY Revenues Less Expenses$1,781,602PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$467,112CYRevenuesLessExpensesAmt
Total Assets BOY$20,994,590TotalAssetsBOYAmt
Total Assets EOY$17,859,611TotalAssetsEOYAmt
Total Liabilities BOY$107,238TotalLiabilitiesBOYAmt
Total Liabilities EOY$63,920TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$20,887,352NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,795,691NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE BROADER RECOGNITION OF THE STATE'S TOP ACHIEVERS IN MEDICINE, ENGINEERING AND SCIENCE, AND TO BUILD A STRONGER IDENTITY FOR TEXAS AS AN IMPORTANT DESTINATION AND CENTER OF ACHIEVEMENT IN THESE FIELDS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$658,141ExpenseAmt
Grant$105,000GrantAmt
DescTHE O'DONNELL AWARDS ANNUALLY RECOGNIZE RISING TEXAS RESEARCHERS WHO ARE ADDRESSING THE ESSENTIAL ROLE THAT SCIENCE AND TECHNOLOGY PLAY IN SOCIETY, AND WHOSE WORK MEETS THE HIGHEST STANDARDS OF EXEMPLARY PROFESSIONAL PERFORMANCE, CREATIVITY AND RESOURCEFULNESS. THROUGH THESE AWARDS, TAMEST PROMOTES BROADER AWARENESS OF THE STATE'S TOP ACHIEVERS IN MEDICINE, ENGINEERING AND SCIENCE, AND BUILDS A STRONGER IDENTITY FOR TEXAS AS AN IMPORTANT DESTINATION AND CENTER OF ACHIEVEMENT IN THESE FIELDS. EVERY YEAR, TAMEST RECOGNIZES THESE EMERGING RESEARCHERS AT ITS ANNUAL CONFERENCE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$339,761ExpenseAmt
Revenue$101,690RevenueAmt
Desc2022 ANNUAL CONFERENCE: FORWARD TEXAS: COMMUNITY HEALTH AND WELL-BEING. THE 2021 ANNUAL CONFERENCE WAS RESCHEDULED TO JUNE 2022. THE RESCHEDULED CONFERENCE BROUGHT TOGETHER THE RESEARCH COMMUNITY TO IDENTIFY WHAT TEXAS COMMUNITIES NEED IN ORDER TO BE STRONG AND SUCCESSFUL AND TO TAKE THE IMPORTANT OPPORTUNITY TO EXAMINE THE RESPONSE TO THE COVID-19 PANDEMIC AND THE VIRUS'S IMPACT ON THE STATE. AS A RESPONSE TO THE CONFERENCE RESCHEDULING, TAMEST HOSTED A SERIES OF VIRTUAL MEETINGS AND PROGRAMS. THIS INCLUDED THE FORWARD TEXAS DIGITAL SERIES WHICH INCLUDED CONVERSATIONS ON COVID-19 AND COMMUNITY HEALTH. THIS ALLOWED TAMEST TO BEGIN CONVENING ON THE TOPIC WHILE PLANNING FOR THE RESCHEDULED IN-PERSON CONFERENCE IN 2023.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$108,196ExpenseAmt
DescTEXAS DEFENSE/AEROSPACE INNOVATION ECOSYSTEM PROJECT. THE GOAL IS TO DEVELOP A POWERFUL INNOVATION ECOSYSTEM TO SERVE NATIONAL SECURITY NEEDS, WHICH WILL RESULT IN LARGE AMOUNTS OF ADDITIONAL RESEARCH FUNDING, ENTREPRENEURIAL OPPORTUNITY, AND ECONOMIC RETURNS FOR TEXAS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescTAMEST NATURAL HAZARDS SUMMIT: RESPONDING TO AND MITIGATING THE IMPACTS. THE SUMMIT WILL HIGHLIGHT THE INFLUENCE OF NATURAL HAZARDS ON THE ECONOMY AND WELL-BEING OF COMMUNITIES IN TEXAS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,106,098TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee9EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDEBBIE KIMPersonNm
Phone5124713823PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13925 W BRAKER LANE 38018AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78759ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
PALLAB K CHATTERJEE PHD
DIRECTOR1.00Yes (X)$0$0$0
CHAU-CHYUN CHEN SCD
DIRECTOR1.00Yes (X)$0$0$0
BONNIE BARTEL
DIRECTOR1.00Yes (X)$0$0$0
LORA HOOPER PHD
DIRECTOR1.00Yes (X)$0$0$0
JOSE N ONUCHIC PHD
DIRECTOR1.00Yes (X)$0$0$0
KIM ORTH PHD
DIRECTOR1.00Yes (X)$0$0$0
SARA N ORTWEIN
DIRECTOR1.00Yes (X)$0$0$0
RODERIC PETTIGREW MD PHD
DIRECTOR1.00Yes (X)$0$0$0
MARLAN O SCULLY PHD
DIRECTOR1.00Yes (X)$0$0$0
BRENDAN LEE MD PHD
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
GANESH C THAKUR PHD
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
DAVID E DANIEL PHD
PAST PRESIDENT1.00Yes (X)$0$0$0Yes (X)
CHERYL LYN WALKER PHD
TREASURER1.00Yes (X)$0$0$0Yes (X)
HELEN PIWNICA-WORMS PHD
SECRETARY1.00Yes (X)$0$0$0Yes (X)
SELDA GUNSEL
TREASURER-ELECT1.00Yes (X)$0$0$0Yes (X)
TERRENCE HENRY
EXECUTIVE DIRECTOR40.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE UNIVERSITY OF TEXASBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TEXAS UNIVERSITY STATIONAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78712ZIPCd
FieldValueIRS element (for citing)
ServicesCONTRACT SERVICESServicesDesc
Compensation$738,639CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$330,000MembershipDuesAmt
All Other Contributions$153,050AllOtherContributionsAmt
Total Contributions$483,050TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONFERENCE INCOME900099$72,700$72,700
MEETING INCOME900099$28,990$28,990
FieldValueIRS element (for citing)
Total Program Service Revenue$101,690TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$407,241TotalRevenueColumnAmt
Exclusion$407,241ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$991,981TotalRevenueColumnAmt
Related Or Exempt Func Income$101,690RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$407,241ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$105,000TotalAmt
Program Services$105,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$193,520TotalAmt
Program Services$125,788ProgramServicesAmt
Management And General$67,732ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$125,337TotalAmt
Program Services$93,996ProgramServicesAmt
Management And General$31,341ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$38,490TotalAmt
Program Services$26,463ProgramServicesAmt
Management And General$12,027ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,406TotalAmt
Program Services$900ProgramServicesAmt
Management And General$1,506ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$18,107TotalAmt
Program Services$12,076ProgramServicesAmt
Management And General$6,031ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$57,405TotalAmt
Program Services$57,405ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,729TotalAmt
Program Services$12,635ProgramServicesAmt
Management And General$1,094ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$18,826TotalAmt
Program Services$659ProgramServicesAmt
Management And General$18,167ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,806TotalAmt
Management And General$3,806ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CONTRACT SERVICES$545,118$354,327$190,791
MEALS$186,829$186,123$706
AUDIO AND VISUAL$86,910$86,910
EVENT SUPPORT$49,500$31,177$18,323

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$14,110TotalAmt
Program Services$12,639ProgramServicesAmt
Management And General$1,471ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,459,093TotalAmt
Program Services$1,106,098ProgramServicesAmt
Management And General$352,995ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$320,314BOYAmt
EOY$250,347EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$348,308BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,277,500BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$129,789BOYAmt
EOY$55,145EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$18,918,679BOYAmt
EOY$17,554,119EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,994,590BOYAmt
EOY$17,859,611EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$84,138BOYAmt
EOY$63,920EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$23,100BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$107,238BOYAmt
EOY$63,920EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,166,532BOYAmt
EOY$3,451,317EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,720,820BOYAmt
EOY$14,344,374EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,887,352BOYAmt
EOY$17,795,691EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,994,590BOYAmt
EOY$17,859,611EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$467,112ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,624,548NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$586,950CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$651,900CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$528,635CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,899,325CurrentTaxYearMinus1YearAmt
Current Tax Year$483,050CurrentTaxYearAmt
Total$4,149,860TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$586,950CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$651,900CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$528,635CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,899,325CurrentTaxYearMinus1YearAmt
Current Tax Year$483,050CurrentTaxYearAmt
Total$4,149,860TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$4,149,860PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$486,193CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$481,945CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$392,202CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$374,095CurrentTaxYearMinus1YearAmt
Current Tax Year$407,241CurrentTaxYearAmt
Total$2,141,676TotalAmt
FieldValueIRS element (for citing)
Total Support$6,291,536TotalSupportAmt
Gross Receipts Rltd Activities$198,440GrossReceiptsRltdActivitiesAmt
Public Support CY1700.65960PublicSupportCY170Pct
Public Support PY1700.54580PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$18,344,219BeginningYearBalanceAmt
Contributions$3,250ContributionsAmt
Investment Earnings Or Losses-$2,041,007InvestmentEarningsOrLossesAmt
Grants Or Scholarships$125,000GrantsOrScholarshipsAmt
Other Expenditures$565,000OtherExpendituresAmt
End Year Balance$15,616,462EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,628,052BeginningYearBalanceAmt
Contributions$1,150,999ContributionsAmt
Investment Earnings Or Losses$2,116,168InvestmentEarningsOrLossesAmt
Grants Or Scholarships$100,000GrantsOrScholarshipsAmt
Other Expenditures$451,000OtherExpendituresAmt
End Year Balance$18,344,219EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,601,236BeginningYearBalanceAmt
Contributions$500ContributionsAmt
Investment Earnings Or Losses$1,576,316InvestmentEarningsOrLossesAmt
Grants Or Scholarships$100,000GrantsOrScholarshipsAmt
Other Expenditures$450,000OtherExpendituresAmt
End Year Balance$15,628,052EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,814,460BeginningYearBalanceAmt
Contributions$1,500ContributionsAmt
Investment Earnings Or Losses$2,292,570InvestmentEarningsOrLossesAmt
Grants Or Scholarships$100,000GrantsOrScholarshipsAmt
Other Expenditures$407,294OtherExpendituresAmt
End Year Balance$14,601,236EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,589,957BeginningYearBalanceAmt
Contributions$1,000ContributionsAmt
Investment Earnings Or Losses-$270,497InvestmentEarningsOrLossesAmt
Grants Or Scholarships$75,000GrantsOrScholarshipsAmt
Other Expenditures$431,000OtherExpendituresAmt
End Year Balance$12,814,460EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.08850BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.89710PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.01440TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt-$1,641,123TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$2,624,548NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$116,781DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$2,507,767RevenueNotReportedAmt
Revenue Subtotal$866,644RevenueSubtotalAmt
Investment Expenses Not Incld$125,337InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$125,337RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$991,981TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,450,537TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$116,781DonatedServicesUseFcltsAmt
Expenses Not Reported$116,781ExpensesNotReportedAmt
Expenses Subtotal$1,333,756ExpensesSubtotalAmt
Investment Expenses Not Incld2$125,337InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$125,337ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,459,093TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationSPENDING POLICY AND HOW THE INVESTMENT OBJECTIVES RELATE TO SPENDING POLICY CONSISTENT WITH THE ACADEMY'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN, THE ACADEMY HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR AS FOLLOWS: TAMEST ENDOWMENT - AN ANNUAL DISTRIBUTION FROM THE FUND MAY BE MADE OF UP TO 5% OF THE FUND BASED ON THE AVERAGE ENDING MARKET VALUE OF THE PORTFOLIO ON DECEMBER 31ST FROM THE PREVIOUS THREE YEARS. ANY UNSPENT FUNDS DISTRIBUTED UNDER THE POLICY ARE TO BE DEPOSITED INTO THE UNRESTRICTED FUND FOR FUTURE USE RATHER THAN BEING ROLLED BACK INTO THE ENDOWMENT. O'DONNELL AWARD ENDOWMENT - THE O'DONNELL AWARD ENDOWMENT MAY DISTRIBUTE THE MINIMUM OF $125,000 OR 5% OF THE VALUE OF THE FUND. THE PERPETUALLY RESTRICTED ENDOWMENT FUNDS WILL NEVER BE INVADED. DISTRIBUTIONS FROM THE ENDOWMENT WILL BE SPENT ONLY FOR THE EDITH AND PETER O'DONNELL AWARDS OR COSTS DIRECTLY RELATED TO THE AWARDS. ANY UNUSED DISTRIBUTIONS WILL BE RETURNED TO THE ENDOWMENT EACH YEAR. A PORTION OF THE ENDOWMENT INCOME SHOULD BE USED TO OBTAIN STATEWIDE PUBLICITY OF THE AWARD.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
O'DONNELL AWARD - MEDICINE1$25,000
O'DONNELL AWARD - ENGINEERING1$25,000
O'DONNELL AWARD - SCIENCE1$25,000
O'DONNELL AWARD - TECHNOLOGY INNOVATION1$25,000
MARY BETH MADDOX AWARD AND LECTURESHIP1$5,000

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONTEXAS ACADEMY OF MEDICINE, ENGINEERING, SCIENCE AND TECHNOLOGY 3925 W BRAKER LANE, SUITE 3.8018 AUSTIN, TX 78759 EMPLOYER IDENTIFICATION NUMBER: 20-1014851 FOR THE YEAR ENDING DECEMBER 31, 2022 TEXAS ACADEMY OF MEDICINE, ENGINEERING, SCIENCE AND TECHNOLOGY [TAMEST] IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
FORM 990, PART VI, SECTION A, LINE 6TAMEST MEMBERS REPRESENT A SIGNIFICANT NUMBER OF UNIVERSITIES, ORGANIZATIONS AND COMPANIES THROUGHOUT TEXAS. ALL TEXAS MEMBERS OF THE NATIONAL ACADEMY OF MEDICINE (NAM), NATIONAL ACADEMY OF ENGINEERING (NAE), NATIONAL ACADEMY OF SCIENCES (NAS), ROYAL SOCIETY, ROYAL ACADEMY OF ENGINEERING AND THE STATE'S 11 NOBEL LAUREATES ARE MEMBERS OF TAMEST. TAMEST MEMBER INSTITUTIONS ARE TEXAS UNIVERSITIES WHERE TAMEST MEMBERS HOLD POSITIONS ON THE FACULTY OR IN THE ADMINISTRATION.
FORM 990, PART VI, SECTION A, LINE 7ADIRECTORS SHALL BE ELECTED BY THE VOTE OF THE MEMBERSHIP OF THE ACADEMY, WHICH SHALL BE CONDUCTED ANNUALLY. THE BOARD OF DIRECTORS MAY AUTHORIZE MEMBERS TO VOTE BY MAIL, FACSIMILE OR ELECTRONIC TRANSMISSION, OR ANY COMBINATION THEREOF, ON THE ELECTION OF DIRECTORS OR ON ANY OTHER MATTER ON WHICH THE MEMBERS MAY VOTE.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS SENT TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO BEING FILED.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE DIRECTOR HAS AN ANNUAL PERFORMANCE EVALUATION BY THE PRESIDENT OF THE BOARD OF DIRECTORS. THE PRESIDENT, PAST PRESIDENT, VICE PRESIDENT, TREASURER, AND TREASURER-ELECT COMPRISE THE COMPENSATION COMMITTEE, WHICH RECOMMENDS COMPENSATION INCREASES FOR THE EXECUTIVE DIRECTOR. DURING THE EVALUATION PROCESS, THE EXECUTIVE DIRECTOR PROVIDES THE EXECUTIVE COMMITTEE A LIST OF ACCOMPLISHMENTS FROM THE PREVIOUS YEAR, AND A LIST OF GOALS FOR THE UPCOMING YEAR. EVALUATION FORMS ARE DISTRIBUTED TO THE EXECUTIVE COMMITTEE IN MARCH/APRIL. COMPLETED EVALUATION FORMS ARE SUBMITTED TO THE PRESIDENT BY APRIL 30TH. THE PRESIDENT FACILITATES A CONFIDENTIAL DISCUSSION WITH THE COMPENSATION COMMITTEE. THE PRESIDENT PROVIDES A SUMMARIZED WRITTEN REVIEW FOR DISCUSSION WITH THE EXECUTIVE DIRECTOR BY JUNE 15TH.
FORM 990, PART VI, SECTION C, LINE 19CERTAIN OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
PART VII, SECTION A, LINE 1ATHE STAFF OF TEXAS ACADEMY OF MEDICINE, ENGINEERING, SCIENCE AND TECHNOLOGY (TAMEST) IS LEASED FROM THE UNIVERSITY OF TEXAS (UT). TAMEST REIMBURSES UT FOR ALL PERSONNEL COSTS INCURRED INCLUDING GROSS WAGES, FRINGE BENEFITS AND LONGEVITY PAY.
FORM 990, PART XII, LINE 2CTHE ORGANIZATION'S PROCESS FOR ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR HAVE NOT CHANGED FROM THE PRIOR YEAR.

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