2017-11-08T14:07:57-08:00 2016-12-31 Rathmann & Bach LLP 54 Rainey St Suite 503 Austin TX 78701 990 2016-01-01 300358356 Central Texas Angel Network CENT 5125186054 PO Box 5435 Austin TX 78763 Gene Betts Treasurer 2017-11-15 true Sergio Salinas CPA P01233312 5125932999 2016 2018-03-14 21:41:22Z Claire England - Exec Dir 345628 false false X http://centraltexasangelnetwork.com/ X 2006 TX Central Texas Angel Network exempt purpose is to promote and stimulate the common business interests of its members and the Central Texas area. This is accomplished by working with early-stage companies to assist them in their efforts to start, fund, and grow new companies. 7 7 2 160 0 0 254820 338526 0 7102 254820 345628 0 0 188245 204273 0 0 112549 125353 300794 329626 -45974 16002 85426 106778 1850 7200 83576 99578 Central Texas Angel Network exempt purpose is to promote and stimulate the common business interests of its members and the Central Texas area. This is accomplished by working with early-stage companies to assist them in their efforts to start, fund, and grow new companies. false false 254783 338526 1. Hosted more than 80+ events, all focused on helping accredited investors and entrepreneurs build successful early-stage companies. 2. Mentored and educated entrepreneurs via 10 Investor Office Hours, 6 Entrepreneur Workshops, and more than a dozen Staff Office Hours.3. Led 7 investor education events, introducing new members to investing principles and teaching members topics relevant to early-stage investing.4. Grew our membership with more than 30 new members.5. Increased our outreach to support our business community work through new and expanded community partnerships with entrepreneur support organizations.6. CTAN members invested more than $14.2 million in 43 companies in 2016; 15 of those companies were new to our members' portfolios. Members increased support to their existing portfolios with follow-on investments in 28 companies.7. CTAN members volunteered more than 5,400 hours in the business community, mentoring and advising early-stage companies.8. CTAN was named the #1 most active single-chapter angel group in the nation in 2015 and 2016 by Angel Resource Institute. 254783 false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 2 true false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true false false false false false true true false X Claire England 5125186054 PO Box 5435 Austin TX 787635435 X Rick Timmins Board Chairman 0.00 0.00 X X 0 0 0 Bril Flint Board Member 0.00 0.00 X 0 0 0 Michael Misikoff Board Member 0.00 0.00 X 0 0 0 Gene Betts Treasurer 0.00 0.00 X X 0 0 0 John Lynn Board Member 0.00 0.00 X 0 0 0 Tom Rogers Board Member 0.00 0.00 X 0 0 0 Rosa McCormick Board Member 0.00 0.00 X 0 0 0 Mark Thorsen Investment Manager 50.00 0.00 X 75000 0 0 Claire England Executive Director 50.00 0.00 X 100000 0 0 175000 0 false false false 0 0 Entrepreneur Fees 900099 85750 85750 Membership Dues 900099 233026 233026 Other Program Revenue 900099 4750 4750 Sponsorships 900099 15000 15000 338526 0 0 0 0 0 0 0 0 Other Income - IRS Refund 900099 7102 7102 7102 345628 345628 0 0 0 0 175000 157500 17500 0 3000 2700 300 0 12972 11675 1297 13301 11971 1330 0 0 0 0 0 0 2752 2752 1282 1282 756 756 0 0 0 4531 4531 0 0 0 0 0 4316 4316 Entrepreneur Evaluation Cycle 46015 46015 Professional Development 28678 28678 Member Events 17228 17228 Software Subscriptions 11222 11222 8573 7693 880 329626 254782 74844 0 85426 106778 0 0 0 0 0 0 0 0 0 0 0 0 0 0 85426 106778 1850 7200 1850 7200 X 83576 99578 83576 99578 85426 106778 16002 X true X false false false false true true false Form 990, Part VI, Line 11b: Form 990 Review Process The form 990 was prepared by a CPA firm. The completed Form 990 was circulated to all Board members to permit their review and comment, should they choose to do so, before filing. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The compensation of employees is determined by the Board of Directors, all of whom are independent and receive no compensation. In making those determinations, the Directors sought to reference market based compensation data for similar positions to the extent that it was available. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The compensation of employees is determined by the Board of Directors, all of whom are independent and receive no compensation. In making those determinations, the Directors sought to reference market based compensation data for similar positions to the extent that it was available. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The organization does not make financial statements or governing documents available to the public, other than those required to be made available pursuant to IRC Section 501(a) and Regulation 301.6104(d), or other applicable Federal or State statutes.