2022-04-05T09:29:49-05:00 2021-05-31 721396621 CARR RIGGS & INGRAM LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2020-06-01 741988533 HOUSTON TSCPA FOUNDATION HOUS 7136227733 777 POST OAK BLVD NO 500 HOUSTON TX 77056 MARK ALLEN EXECUTIVE DIRECTOR 7136227733 2022-03-25 1 MARK ALLEN 999009999 KRISTEN SIMPSON P01268482 7136218090 2022-03-25 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK ALLEN CAE 777 POST OAK BLVD NO 500 HOUSTON TX 77056 1836967 0 X WWW.TXCPAHOUSTON.CPA X 1978 TX TO EDUCATE, INFORM, AND LEAD. 25 25 0 150 0 0 294722 398114 766113 450830 63046 210208 -78 2713 1123803 1061865 14335 107560 0 0 221040 218436 0 0 15990 747934 337366 983309 663362 140494 398503 2370484 2867875 480399 177963 1890085 2689912 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 342209 450830 THE HOUSTON TSCPA FOUNDATION WAS ORGANIZED IN 1978 TO PROVIDE CONTINUING PROFESSIONAL EDUCATION FOR CPAS IN HOUSTON AND THROUGHOUT TEXAS. LAST YEAR, 81 CONTINUING PROFESSIONAL EDUCATION PROGRAMS WERE OFFERED AND CPA PARTICIPANTS HAD THE OPPORTUNITY TO EARN UP TO 291 HOURS OF CPE. 24560 24560 THE CPAS HELPING SCHOOLS PROGRAM AND ENDOWMENT HAS BENEFITTED HUNDREDS OF SCHOOLS THROUGH CASH GRANTS AND OTHER SUPPORT. 83000 83000 THE ANNUAL SCHOLARSHIP EXTRAVAGANZA HAS PROVIDED OVER $1,800,000 IN SCHOLARSHIPS TO AREA ACCOUNTING STUDENTS FOR 13 YEARS. 449769 1 1 0 0 0 0 0 0 0 1 1 1 0 0 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 4 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 777 POST OAK BLVD 500 HOUSTON TX 77056 DARRELL GROVES PRESIDENT 1.00 1.00 X X 0 0 0 KELLY HUNTER PRESIDENT-ELECT 2.00 2.00 X X 0 0 0 ADAM DIMMICK TREASURER 1.00 1.00 X X 0 0 0 TIM ADLER TREASURER-ELECT 1.00 1.00 X X 0 0 0 KATHERINE RODRIGUEZ SECRETARY 1.00 1.00 X X 0 0 0 BRAD ELGIN 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 CHARLOTTE JUNGEN DIRECTOR 1.00 1.00 X 0 0 0 STEPHEN KING DIRECTOR 1.00 1.00 X 0 0 0 LAURA MARDIS 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 LISA PAULK 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 RAMSEY WOMACK 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 SEC 25.00 25.00 X 0 70473 0 0 70473 0 0 0 0 0 0 86591 252000 51900 7623 398114 PROFESSIONAL DEVELOPME 541900 445008 445008 FACILITY FEES 541900 5822 5822 450830 45778 45778 926951 762521 164430 164430 164430 12581 86591 12581 0 OTHER MISCELLANEOUS IN 541900 2713 2713 2713 1061865 450830 0 212921 24560 24560 83000 83000 218436 153004 60494 4938 20000 9400 9800 800 15077 15077 15914 11740 3859 315 26086 14086 10174 1826 43320 26044 15893 1383 137250 64545 67215 5490 19498 9164 9554 780 1261 605 606 50 INSTRUCTOR/SPEAKER FEE 47152 47152 SUBSCRIPTIONS & MEMBERS 6145 2949 2951 245 MISCELLANEOUS EXPENSE 4091 1964 1964 163 MEALS 1572 1556 16 663362 449769 197603 15990 496838 465776 321289 459661 45447 13121 46258 54975 301581 287196 33475 14385 803661 1494465 613926 355902 9590 9590 2370484 2867875 67348 27711 120991 63859 51900 240160 86393 480399 177963 X 215028 495217 1675057 2194695 1890085 2689912 2370484 2867875 398503 401324 0 X X 0 1 X 1 0 X 307343 236873 472809 42722 106795 1166542 1066812 1124179 1049799 766113 450830 4457733 9645 1001 3878 5982 54613 75119 1383800 1362053 1526486 814817 612238 5699394 0 0 0 5699394 44784 56279 49795 53599 45778 250235 44784 56279 49795 53599 45778 250235 1428584 1418332 1576281 868416 658016 5949629 0.95790 0.96500 0.04210 0.03500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1323495 0 546341 12295 1857541 1307504 450 27681 12140 1323495 1314938 0 -2719 4715 1307504 1221910 36397 96312 39681 1314938 1107315 79815 98765 63985 1221910 0.54047 0.45954 0 0 121854 111338 10516 99866 98892 974 79861 76966 2895 14385 CORPORATE BONDS 355902 C 355902 PAYABLE TO AFFILIATE 86393 86393 X 1208693 401324 12581 413905 794788 15077 252000 267077 1061865 660866 12581 12581 648285 15077 15077 663362 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, 2021 AND 2020, 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, 2021 AND 2020, THE ORGANIZATION HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE REPORTED ON STATEMENT OF REVENUE 12,581. PART XI, LINE 4B - OTHER ADJUSTMENTS: RELATED ORGANIZATION CONTRIBUTION 252,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE REPORTED ON STATEMENT OF REVENUE 12,581. SCHOLARSHIP EXTRAVAGANZA 99172 86591 12581 12500 81 99172 86591 12581 12500 81 12581 0 1 CPAS HELPING SCHOOLS 777 POST OAK BLVD 500 HOUSTON TX 77056 741988533 501(C)(3) 24560 EDUCATIONAL SUPPORT ACADEMIC SCHOLARSHIPS 26 83000 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.HOUSTONCPA.ORG 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 777 POST OAK BLVD 500 HOUSTON TX 77056 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 408227 ACTUAL TXCPA HOUSTON O 218436 COMPENSATION