TEXAS ASSOC FOR COLLEGE ADMISSION COUNSELING INC

EIN: 742539684 501(c)(3) Education

FRISCO, TX

Total Revenue
$380,858
Total Expenses
$335,235
Total Assets
$1,064,453
Net Assets
$1,064,453
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
TX
Principal Officer
REX OLIVER
Phone
9037716334
Tax Period
2024-09-01 to 2025-08-31

TEXAS ASSOC FOR COLLEGE ADMISSION COUNSELING INC, founded in 1979, is a small nonprofit in the Education sector that reported $381K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $335K left a modest 12% surplus.

Mission

TEXAS ASSOCIATION FOR COLLEGE ADMISSION COUNSELING, INC.(TACAC) PROVIDES SUPPORT TO THOSE WHO ARE INVOLVED HELPING STUDENTS THROUGH THE POSTSECONDARY EDUCATION PLANNING PROCESS (CONTINUED ON PAGE 26).THE ORGANIZATION ALSO PROVIDES A VARIETY OF PROFESSIONAL NETWORKING OPPORTUNITIES FOR MEMBERS AND ENGAGES IN RESEARCH PERTINENT TO THE ORGANIZATION. TACAC STRIVES TO INCREASE THE NUMBER OF TRADITIONALLY UNDERREPRESENTED POPULATIONS ACTIVE IN THE ORGANIZATION.

Program Service Accomplishments

Program 1
Expenses: $233,719 Revenue: $291,729

TO PROVIDE PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO MEMBERS THAT WILL ENGAGE AND PROMOTE LEARNING ABOUT SECONDARY AND POST-SECONDARY EDUCATION.

Program 2

TO PROVIDE OPPORTUNITIES AND PROGRAMS TO ALL STUDENTS, WITH A SPECIAL FOCUS ON UNDERSERVED, UNDERREPRESENTED AND STUDENTS WITH FINANCIAL NEEDS, THAT WILL EDUCATE AND PROMOTE THE OPPORTUNITIES FOR...

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TO PROVIDE OPPORTUNITIES AND PROGRAMS TO ALL STUDENTS, WITH A SPECIAL FOCUS ON UNDERSERVED, UNDERREPRESENTED AND STUDENTS WITH FINANCIAL NEEDS, THAT WILL EDUCATE AND PROMOTE THE OPPORTUNITIES FOR COLLEGES THROUGHOUT THE NATION.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $89,129
Program Service Revenue $205,636
Investment Income $0
Other Revenue $86,093
TOTAL REVENUE $380,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $233,719
Other Expenses $335,235
TOTAL EXPENSES $335,235

Year-over-Year Comparison

2024 2023 Change
Revenue $380,858 $283,787 +0.3%
Expenses $335,235 $270,478 +0.2%
Net Income $45,623 $13,309 +2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
500

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LACEY PATTERSON PAST PRESIDENT 8.00
Officer Director
$0 $0 $0
KEITH AHEE PRESIDENT 8.00
Officer Director
$0 $0 $0
JOSE VALENTINE PRESIDENT-ELECT 8.00
Officer Director
$0 $0 $0
KELLEN LEWIS TREASURER 8.00
Officer Director
$0 $0 $0
REX OLIVER TREASURER-ELECT 8.00
Director
$0 $0 $0
ALLIE BROWN PAST TREASURER 8.00
Director
$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
2025 $380,858 $335,235 $1,064,453 $45,623
2024 $283,787 $270,478 $1,021,156 $13,309
2023 $361,928 $423,138 $918,675 $-61,210
2022 $369,697 $318,175 $979,305 $51,522
2021 $271,491 $152,889 $991,564 $118,602
2020 $102,155 $115,414 $782,834 $-13,259
2019 $384,744 $266,132 $761,451 $118,612
2018 $369,899 $339,871 $642,839 $30,028
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