TEXAS PREMIER TECHNOLOGY INSTITUTE INC

EIN: 473249737 501(c)(3) Education

Arlington, TX

Total Revenue
$588,400
Total Expenses
$568,554
Total Assets
$117,008
Net Assets
$19,846
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Phone
4693596053
Tax Period
2023-01-01 to 2023-12-31

TEXAS PREMIER TECHNOLOGY INSTITUTE INC, founded in 2014, is a small nonprofit in the Education sector that reported $588K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $569K left a modest 3% surplus.

Mission

Texas Premier Technology Institute Inc. TPTI mission to assist underserved communities dislocated workers and youth with IT career skills training and job placement assistance. TPTI was established to prepare students for the burgeoning Information Technology industry. Our integrated instruction and programs prepare students to excel in the competitive world of technology. Upon completion TPTI students are also prepared to take exams offered by our partner channels: Microsoft IT Academy Cisco Net Academy and CompTIA. TPTI students can work toward a wide range of certifications as they are guided and taught by our certified instructors all of whom are experienced subject matter experts.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $588,400
Investment Income $0
Other Revenue $0
TOTAL REVENUE $588,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,581
Fundraising Expenses $0
Program Expenses $632,321
Other Expenses $437,973
TOTAL EXPENSES $568,554

Year-over-Year Comparison

2023 2022 Change
Revenue $588,400 $490,950 +0.2%
Expenses $568,554 $502,173 +0.1%
Net Income $19,846 $-11,223 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
2
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jackie Smith Director 10.00
Director
$0 $0 $0
Veronica Smith SVP 10.00
Director
$0 $0 $0
Therelee Washington Principal 40.00
Officer
$0 $0 $0
Dana Ware CFO 10.00
Key Emp
$0 $0 $0
Warren Milton CTO 10.00
Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $588,400 $568,554 $117,008 $19,846
2022 $490,950 $502,173 $244,095 $-11,223
2021 $595,769 $468,125 $255,318 $127,644
2021 $595,769 $468,125 $255,318 $127,644
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TEXAS PREMIER TECHNOLOGY INSTITUTE INC with other nonprofits in Texas and across the country.