Foundation For A Globally Competitive Texas
Only null% goes to programs Strong reserves Growing revenue
Foundation For A Globally Competitive Texas is a 501(c)(3) organization based in Austin, Texas, registered in 2007, with $633,473 in FY2024 revenue. CharityIndex grades it B.
816 Congress Ave Ste 990, Austin, TX, 78701 EIN 20-5645189 Since 2007
Revenue (FY2024)
$633K
▲ 208.4% vs prior year
Education median: $200K
Expenses (FY2024)
$264K
Net assets
$425K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Foundation For A Globally Competitive Texas— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating19 mo reserves · +58% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Foundation For A Globally Competitive Texas: 19 mo reserves · +58% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Foundation For A Globally Competitive Texas— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Foundation For A Globally Competitive Texas: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 816 Congress Ave Ste 990, Austin, TX, 78701
- City
- Austin
- State
- Texas
- Category
- Education
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue grew from $56K (FY2010) to $633K (FY2024) across 14 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $425K
Operating margin
58.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$425K
Total liabilities
$0
Net assets
$425K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $633,473▲208% | $263,520▲10.0% | $425,463▲666% | $425,463▲666% | 990 |
| 2023 | $205,381▲73.7% | $239,665▲62.6% | $55,510▼38.2% | $55,510▼38.2% | 990 |
| 2022 | $118,250▼59.9% | $147,407▼32.6% | $89,794▼24.5% | $89,794▼24.5% | 990EZ |
| 2021 | $294,946▲127% | $218,675▲75.7% | $118,951▲179% | $118,951▲179% | 990 |
| 2020 | $130,000▲51.7% | $124,432▲78.2% | $42,680▲15.0% | $42,680▲15.0% | 990EZ |
| 2019 | $85,670▼14.0% | $69,811▼23.9% | $37,112▲74.6% | $37,112▲74.6% | 990EZ |
| 2018 | $99,598▲248% | $91,710▲19.4% | $21,253▲32.8% | $21,253▲32.8% | 990EZ |
| 2016 | $28,640▲14.6% | $76,839▲457% | $16,002▼75.1% | $16,002▼75.1% | 990EZ |
| 2015 | $25,000▼16.9% | $13,805▲11.0% | $64,201▲21.1% | $64,201▲21.1% | 990EZ |
| 2014 | $30,100▲50.5% | $12,436▲25.4% | $53,006▲50.0% | $53,006▲50.0% | 990EZ |
| 2013 | $20,000▼78.1% | $9,916▼87.9% | $35,342▲39.9% | $35,342▲39.9% | 990EZ |
| 2012 | $91,162▲287% | $81,830▲7.1% | $25,258▲58.6% | $25,258▲58.6% | 990EZ |
| 2011 | $23,540▼57.8% | $76,375▲58.6% | $15,926▼76.8% | $15,926▼76.8% | 990EZ |
| 2010 | $55,719 | $48,141 | $68,761 | $68,761 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $781K total
8 grants to Foundation For A Globally Competitive Texas totaling $781K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Houston Community Foundation | Educational | 2024 | $300,000 |
| Texas Mutual Insurance Company | Workforce development & safety training | 2024 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $100,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $100,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $100,000 |
| Tides Foundation | Healthy individuals and communities | 2021 | $75,000 |
| Greater Houston Community Foundation | This grant is for the richard w. weekly public policy leadership award. | 2017 | $5,000 |
| Greater Houston Community Foundation | This grant is for the woody hunt award dinner. | 2017 | $1,000 |
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Frequently asked questions
- Is Foundation For A Globally Competitive Texas a legitimate nonprofit?
- Yes. Foundation For A Globally Competitive Texas is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5645189, based in Austin, Texas. Donations are tax-deductible.
- What is Foundation For A Globally Competitive Texas's EIN?
- Foundation For A Globally Competitive Texas's Employer Identification Number (EIN) is 20-5645189.
- How much revenue does Foundation For A Globally Competitive Texas report?
- Foundation For A Globally Competitive Texas reported $633,473 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Foundation For A Globally Competitive Texas have?
- CharityIndex grades Foundation For A Globally Competitive Texas B, based on financial health (reserves and operating margin).
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Data for Foundation For A Globally Competitive Texas (EIN 20-5645189) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.