BRECKENRIDGE INDUSTRIAL FOUNDATION

EIN: 237315230

Breckenridge, TX

Total Revenue
$47,259
Total Expenses
$79,951
Total Assets
$738,731
Net Assets
$738,731
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
TX
Principal Officer
JONATHAN NEWTON
Phone
2545592301
Tax Period
2025-01-01 to 2025-12-31

BRECKENRIDGE INDUSTRIAL FOUNDATION, founded in 1984, is a micro nonprofit that reported $47K in total revenue in fiscal year 2025. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 69% operating deficit.

Mission

Economic development and promotion of industry and business within the city and county.

Program Service Accomplishments

Program 1
Expenses: $79,951 Revenue: $47,259

The foundation has been instrumental in the development of vacant lots within the city of Breckenridge, assistance with acquisitions of business property for new locations for existing and new...

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The foundation has been instrumental in the development of vacant lots within the city of Breckenridge, assistance with acquisitions of business property for new locations for existing and new industry and clean up and demolition of abandoned properties for new industry and business development.

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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 $25,000
Program Service Revenue $0
Investment Income $21,772
Other Revenue $487
TOTAL REVENUE $47,259

Expense Breakdown

Grants Paid $73,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,951
Other Expenses $6,951
TOTAL EXPENSES $79,951

Year-over-Year Comparison

2025 2024 Change
Revenue $47,259 $196,634 -0.8%
Expenses $79,951 $14,151 +4.6%
Net Income $-32,692 $182,483 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
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
5
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN NEWTON PRESIDENT 0.00
Officer Director
$0 $0 $0
MIKE PARRACK TREASURER 0.00
Director
$0 $0 $0
SCOTT HARRIS DIRECTOR 0.00
Director
$0 $0 $0
BECKY DOWNING DIRECTOR 0.00
Director
$0 $0 $0
JAMES SHELTON DIRECTOR 0.00
Director
$0 $0 $0
PAUL PRATER DIRECTOR 0.00
Director
$0 $0 $0
LEE OLSON DIRECTOR 0.00
Director
$0 $0 $0
BRUCE CURRY DIRECTOR 0.00
Director
$0 $0 $0
NEAL EDWARDS DIRECTOR 0.00
Director
$0 $0 $0
VIRGIL MOORE DIRECTOR 0.00
Director
$0 $0 $0
DAVID DUGGAN DIRECTOR 0.00
Officer Director
$0 $0 $0
JON JACKSON SECRETARY 0.00
Officer Director
$0 $0 $0
KEVIN SIMMONS VICE CHAIR 0.00
Officer Director
$0 $0 $0
WADE TOOMBS DIRECTOR 0.00
Director
$0 $0 $0
KEVIN KING DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL PARIS ASST SECRETARY 0.00
Officer 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 $47,259 $79,951 $738,731 $-32,692
2024 $196,634 $14,151 $771,423 $182,483
2023 $38,493 $28,062 $588,940 $10,431
2022 $28,605 $31,969 $578,508 $-3,364
2021 $49,346 $20,753 $581,870 $28,593
2020 $12,019 $138,588 $553,276 $-126,569
2019 $15,715 $12,315 $679,846 $3,400
2018 $6,925 $6,963 $676,446 $-38
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