MCALLEN INDUSTRIAL FOUNDATION INC (EIN 237045185) - 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

1969

Legal Domicile

Principal Officer

MARK GARCIA

Phone

9566824306

Tax Period

2024-01-01 to 2024-12-31

MCALLEN INDUSTRIAL FOUNDATION INC, founded in 1969, is a small nonprofit that reported $136K in total revenue in fiscal year 2024. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $134K, a strong 99% operating margin.

Mission

TO BENEFIT THE COMMUNITY, ECONOMIC, COMMERCIAL, HEALTHCARE, EDUCATIONAL, TECHNOLOGICAL AND INDUSTRIAL DEVELOPMENT OF THE RGV AND SPECIFICALLY THE CITY OF MCALLEN, TEXAS AND ITS ENVIRONS. TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS, PROVIDE FINANCING AND/OR ACQUIRE REAL PROPERTY FOR COMMERCIAL AND INDUSTRIAL SUBDIVISION.

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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 $0

Program Service Revenue $0

Investment Income $80,640

Other Revenue $54,996

TOTAL REVENUE $135,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $409

Other Expenses $1,909

TOTAL EXPENSES $1,909

Year-over-Year Comparison

	2024	2023	Change
Revenue	$135,636	$76,439	+0.8%
Expenses	$1,909	$1,709	+0.1%
Net Income	$133,727	$74,730	+0.8%

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

N/A

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
MICHAEL SCHROCK	DIRECTOR	1.00	Director	$0	$0	$0
RICKY LONGORIA	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND JENKINS	VICE PRESIDENT	1.00	Director	$0	$0	$0
ERNIE WILLIAMS	PRESIDENT	1.00	Director	$0	$0	$0
ALMA ORTEGA-JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
MARK GARCIA	SECRETARY/TREASURER	2.00	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	$135,636	$1,909	$2,276,931	$133,727
2023	$76,439	$1,709	$2,143,204	$74,730
2022	$69,989	$2,761	$2,068,474	$67,228
2021	$62,562	$11,182	$2,006,657	$51,380
2020	$75,080	$6,500	$1,955,277	$68,580
2019	$78,896	$8,478	$1,886,697	$70,418
2018	$74,803	$9,900	$1,818,669	$64,903

MCALLEN INDUSTRIAL FOUNDATION INC