Overview
What is Texas Impact Education Fund?
The Texas Impact Education Fund is a 501(c)3 charitable organization, registered in Austin, Texas. With a team of 11 dedicated individuals, their primary mission is to address issues of poverty, peace, and justice within the state. They accomplish this by generating and disseminating relevant information, engaging in public outreach, and advocating for interfaith matters related to energy and the environment. The organization's efforts aim to influence policy and promote positive change in these areas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The Texas Impact Education Fund has received a Two-Star rating from Charity Navigator due to an overall score of 67%. The organization demonstrates strong accountability and transparency with high marks for its independent board membership and financial statement reviews. Notably, the organization allocates a significant portion of its budget to program expenses, highlighting its commitment to its mission.
However, there are several areas where the organization falls short. It has been noted that the organization lacks key policies including a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. Additionally, the tax form is not available on the nonprofit's website, which indicates a potential gap in transparency that could raise concerns for donors.
The high liabilities to assets ratio of 111.84% is a critical point of concern, suggesting that the organization may be facing financial stability issues. While the Texas Impact Education Fund excels in several areas, these limitations highlight the need for improvement in governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Impact Education Fund legitimate?
Texas Impact Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Impact Education Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $402,806
For more financial information, click here
What is the mission statement of Texas Impact Education Fund?
The Texas Impact Education Fund is a charitable organization with a mission to carry out activities that align with the guidelines of Internal Revenue Code Section 501(c)3 and Texas Tax Code Section 11.18(c). Their primary objective is to generate and disseminate information pertaining to issues related to poverty, peace, and justice in the state of Texas. Additionally, they engage in public outreach, focusing on interfaith matters connected to energy and environmental concerns.
What is the revenue of Texas Impact Education Fund?
Texas Impact Education Fund's revenue in 2023 was $603,363.
Who are the executives of Texas Impact Education Fund and what are their salaries?
The average compensation at Texas Impact Education Fund during 2023 was $273.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Texas Impact Education Fund?
Texas Impact Education Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Texas Impact Education Fund
Texas Impact Education Fund is a charitable organization with a mission to make a positive impact on poverty, peace, and justice issues within the state of Texas. This nonprofit organization generates and disseminates relevant information in these areas, serving as a reliable source of knowledge for the public. Additionally, Texas Impact Education Fund is committed to advocating for interfaith matters related to energy and the environment, striving to create a more sustainable future for all. By sharing valuable information and advocating for important causes, Texas Impact Education Fund aims to contribute to a more equitable and peaceful society in Texas.
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Impact
July, 2024
Texas Impact Education Fund has made a significant impact by generating and disseminating information relating to poverty, peace, and justice in the State of Texas. Additionally, they conduct public outreach on interfaith matters associated with energy and the environment.
This information is meant to be a general summary of Texas Impact Education Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $603,363
Assets and Liabilities:
- Total Assets: $876,685
- Total Liabilities: $980,501
- Net Assets: -$103,816
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Organization Details
Founding Year
2000
Principal Officer
Bee Moorhead
NTEE Category
Code: X83 - Religion related
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