PROFESSIONAL BONDSMEN OF TEXAS INC (EIN 208141081) - Form 990 Financial Analysis & Trantor Score

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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

2008

Legal Domicile

Principal Officer

STAN REED

Phone

5127017313

Tax Period

2024-01-01 to 2024-12-31

PROFESSIONAL BONDSMEN OF TEXAS INC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $426K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $565K exceeded revenue, resulting in a 33% operating deficit.

Mission

PROFESSIONAL BONDSMEN OF TEXAS IS THE PREEMINENT SOURCE FOR BAIL BOND NEWS AND HIGH QUALITY CONTINUING EDUCATION IN TEXAS FOR THE ENHANCEMENT AND BETTERMENT OF THE BOND INDUSTRY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $53,127

Program Service Revenue $366,250

Investment Income $19

Other Revenue $6,998

TOTAL REVENUE $426,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $565,464

TOTAL EXPENSES $565,464

Year-over-Year Comparison

	2024	2023	Change
Revenue	$426,394	$462,686	-0.1%
Expenses	$565,464	$493,628	+0.1%
Net Income	$-139,070	$-30,942	+3.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELBY BURNS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL BYRD	BOARD MEMBER	1.00	Director	$0	$0	$0
RAMONA MONI CORTEZ	TREASURER	1.00	Officer Director	$0	$0	$0
SHANNA GLAWSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JUAN GONZALES	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN W GOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
CINDY HAMMONS	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS KONNECKE	BOARD MEMBER	1.00	Director	$0	$0	$0
ALBERTO SONNY DE LACHICA	BOARD MEMBER	1.00	Director	$0	$0	$0
CORY LEE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
RONNIE LONG	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN MCCLUSKEY	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENN MEEKER	BOARD MEMBER	1.00	Director	$0	$0	$0
ZINA MEEKER	BOARD MEMBER	1.00	Director	$0	$0	$0
IRMA MONTEMAYOR	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLIE PICKENS	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL SCHUDER	PARLIAMENTAR	1.00	Officer Director	$0	$0	$0
SCOTT WALSTAD	BOARD MEMBER	1.00	Director	$0	$0	$0
MELINDA WEBB	BOARD MEMBER	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
2024	$426,394	$565,464	$227,338	$-139,070
2023	$462,686	$493,628	$188,055	$-30,942
2022	$472,943	$502,024	No data	$-29,081
2021	$368,445	$376,919	$228,802	$-8,474
2020	$279,178	$383,878	$237,476	$-104,700
2018	$311,384	$341,443	$350,928	$-30,059

PROFESSIONAL BONDSMEN OF TEXAS INC