Info on Nonprofits Now Online at Texas Attorney

General's Office Presentation at the National Grants

Partnership on June 9, 2009

Linda Lampkin, ERI Economic Research Institute &

Denise Francis, Office of the Governor of Texas

Provides Greater Transparency for Texas Givers, Foundations, and Government Agencies◦ Users can easily review an organization’s finances

and uses of their revenues ◦ Consumers now have a tool – the Form 990 filed

annually with IRS – to help assess if a group is using donations wisely

◦ Search and access through TX AG web site

TX AG’s Office Gives Online Access to Forms 990 Filed by Nonprofits

TX AG Web Site – Home Page

Click to search for Form 990

One Click to the Search Tool

Choose from Search Results

Summary for Selected Charity

Select to download Form 990

Provides geographic- and industry-specific benchmark compensation data

Subscribers include CIA, IRS, NSA, DCAA, UN, US and Canadian militaries, and federal/state/provincial agencies ◦ US Defense Contract Audit Agency and Department of Interior use

to assure that bid rates are based on rational pay expectations ◦ PennDOT requires ERI citations to support executive compensation

levels in proposals ERI uses Form 990 data to calculate average salaries, so

database includes all comp data from 1998 on, with access to PDFs of the forms

ERI provides the Form 990 library to TX AG – and also CA, NY (with CO and HI soon to follow)

About ERI Economic Research Institute

Search by Job, Revenue, State, Type of Nonprofit

Makes financial info on nonprofits easily and instantly available to donors, funders, media, community members, regulators, etc.

TX government grantmakers can make better informed decisions about their grantees

Government agencies everywhere (50 states and 80,000 local governments) should access this decision-useful Form 990 data for their actual and prospective nonprofit grantees

Why Provide Form 990 Access?

Linda Lampkin, Research Director◦ ERI Economic Research Institute◦ Linda.lampkin@erieri.com◦ 877-799-3428

Denise Stines Francis, State Single Point of Contact◦ Office of the Governor, Division of Budget, Planning &

Policy◦ dfrancis@governor.state.tx.us ◦ 512-305-9415  

 

Questions?