SOUTHWEST TOW OPERATORS

EIN: 141952800 Community Improvement

PLANO, TX

Total Revenue
$404,662
Total Expenses
$443,482
Total Assets
$140,104
Net Assets
$137,491
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
TX
Tax Period
2023-01-01 to 2023-12-31

SOUTHWEST TOW OPERATORS, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $405K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring.

Mission

T0 PROVIDE RESOURCES FOR TOWING INDUSTRY MEMBERS TO STAY UP-TO-DATE ON TOWING LAWS & REGULATIONS, INDUSTRY NEWS & TOWING INDUSTRY PRACTICES. TO PROVIDE CONTINUING EDUCATION CLASSES FOR MEMBERS & NON-MEMBERS & ADMINISTRATERS DRIVER CERTIFICATION TEST FOR BOTH MEMBERS & NON-MEMB

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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 (2023)

Revenue Breakdown

Contributions & Grants $117,279
Program Service Revenue $252,358
Investment Income $0
Other Revenue $35,025
TOTAL REVENUE $404,662

Expense Breakdown

Grants Paid $0
Salaries & Benefits $226,273
Fundraising Expenses $0
Program Expenses $443,482
Other Expenses $196,209
TOTAL EXPENSES $443,482

Year-over-Year Comparison

2023 2022 Change
Revenue $404,662 $3,872,650 -0.9%
Expenses $443,482 $362,163 +0.2%
Net Income $-38,820 $3,510,487 -1.0%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
350
Independent Members
350
Employees
4
Volunteers
350

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
8
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TESS ANDERSON ACTING SECRETARY 3.00
Officer Director
$0 $0 $0
GREG JOYNER VP 3.00
Officer Director
$0 $0 $0
JOAN MESSINA LEGISLATIVE CHAIR 3.00
Officer Director
$0 $0 $0
RENE GARRISON TREASURER 3.00
Officer Director
$0 $0 $0
GARY HOFFMAN PRESIDENT 10.00
Officer Director
$0 $0 $0
DIVID ESCALERA VP 3.00
Officer Director
$0 $0 $0
RICK GARRISON VP 3.00
Officer Director
$0 $0 $0
THOMAS ANDERSON EXECUTIVE DIRECTOR 40.00
Officer
$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
2024 No data No data No data No data
2023 $404,662 $443,482 $140,104 $-38,820
2022 $409,159 $362,163 $178,924 $46,996
2021 $360,932 $347,859 $131,928 $13,073
2019 $408,798 $398,086 $101,269 $10,712
2018 $372,817 $389,520 $81,332 $-16,703
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