UVALDE FESTIVAL & EVENTS ASSOCIATION INC AKA PALOMINOS OF UVALDE MUSIC FEST INC

EIN: 201852779 501(c)(3) Philanthropy & Grantmaking

UVALDE, TX

Total Revenue
$35,286
Total Expenses
$53,535
Total Assets
$129,975
Net Assets
$129,975
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
TX
Phone
8302785359
Tax Period
2025-01-01 to 2025-12-31

UVALDE FESTIVAL & EVENTS ASSOCIATION INC AKA PALOMINOS OF UVALDE MUSIC FEST INC, founded in 2005, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $35K in total revenue in fiscal year 2025. Expenses of $54K exceeded revenue, resulting in a 52% operating deficit.

Mission

The Uvalde Festival and Events Association is a non-profit 501(c)(3) organization with a mission to provide Southwest Texas great family entertainment through such events as the Texas Labor Day Weekend Palomino Fest Celebration while supporting educational opportunities of area students. UFEA partners with volunteers, businesses and other service organization annually to promote our area and help grant numerous scholarships to Southwest Texas College.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $35,286
TOTAL REVENUE $35,286

Expense Breakdown

Grants Paid $51,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,000
Other Expenses $2,535
TOTAL EXPENSES $53,535

Year-over-Year Comparison

2025 2024 Change
Revenue $35,286 $-3,216 -12.0%
Expenses $53,535 $46,946 +0.1%
Net Income $-18,249 $-50,162 -0.6%
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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BELINDA ARREOLA President 1.00
Officer Director
$0 $0 $0
MARGOT MATA Director 1.00
Director
$0 $0 $0
ISMAEL MARTINEZ Secretary 2.00
Officer Director
$0 $0 $0
WADE CARPENTER Treasurer 5.00
Officer Director
$0 $0 $0
JOHNNY GUZMAN Director 3.00
Director
$0 $0 $0
JJ SUAREZ Director 1.00
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 $35,286 $53,535 $129,975 $-18,249
2024 $-3,216 $46,946 $146,687 $-50,162
2023 $112,787 $55,045 $196,849 $57,742
2022 $67,812 $49,656 $139,108 $18,156
2019 $85,269 $32,679 $174,661 $52,590
2018 $51,482 $30,971 $122,071 $20,511
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