NORTH TEXAS COMMERCIAL ASSOCIATION… - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

HOLLAND MORRIS

Phone

2146385525

Tax Period

2023-01-01 to 2023-12-31

NORTH TEXAS COMMERCIAL ASSOCIATION OF REAL ESTATE PROFESSIONALS INC, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $113K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 42% operating margin.

Mission

FOUNDED IN 1993, THE NORTH TEXAS COMMERCIAL ASSOCIATION OF REALTORS AND REAL ESTATE PROFESSIONALS IS A TRADE ASSOCIATION THAT EXISTS TO ENHANCE THE BUSINESS OPPORTUNITIES OF ITS MEMBERS THROUGH REAL-TIME ACCESS TO CRITICAL REAL ESTATE INFORMATION, EDUCATION, AND RECOGNITION.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $111,832

NTCAR HOLDS FOUR MEMBERSHIP MEETINGS PER YEAR WITH LEADING PROFESSIONALS ADDRESSING VARIOUS REAL ESTATE SPECIFIC TOPICS. AN AVERAGE OF 500 PROFESSIONALS ATTENDS THESE FREE EVENTS THAT INCLUDE A...

NTCAR HOLDS FOUR MEMBERSHIP MEETINGS PER YEAR WITH LEADING PROFESSIONALS ADDRESSING VARIOUS REAL ESTATE SPECIFIC TOPICS. AN AVERAGE OF 500 PROFESSIONALS ATTENDS THESE FREE EVENTS THAT INCLUDE A NETWORKING PERIOD, CONTINENTAL BREAKFAST AND TOPICAL SPEAKERS.

Program 2

Expenses: $0 Revenue: $0

THE STEMMONS SERVICE AWARD IS NTCAR'S PREMIER EVENT AND IS PRESENTED ANNUALLY TO HONOR A MEMBER OF THE BROKERAGE COMMUNITY WHO BEST EXEMPLIFIES THE HIGHEST STANDARDS OF A COMMERCIAL REAL ESTATE...

THE STEMMONS SERVICE AWARD IS NTCAR'S PREMIER EVENT AND IS PRESENTED ANNUALLY TO HONOR A MEMBER OF THE BROKERAGE COMMUNITY WHO BEST EXEMPLIFIES THE HIGHEST STANDARDS OF A COMMERCIAL REAL ESTATE PROFESSIONAL.

Program 3

Expenses: $0 Revenue: $0

THE OFFICE ACADEMY IS AN ANNUAL EVENT WITH A KEYNOTE SPEAKER, PANEL SPEAKERS, ROUND TABLE DISCUSSION, AND NETWORKING HAPPY HOUR.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $111,832

Investment Income $1,032

Other Revenue $0

TOTAL REVENUE $112,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $65,273

TOTAL EXPENSES $65,273

Year-over-Year Comparison

	2023	2022	Change
Revenue	$112,864	$88,585	+0.3%
Expenses	$65,273	$151,719	-0.6%
Net Income	$47,591	$-63,134	-1.8%

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
KATHY BOOP	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW BOSTER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN O'NEAL	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
RAY ECKENRODE	TREASURER	1.00	Officer Director	$0	$0	$0
SANOBER SYED	SECRETARY	1.00	Officer Director	$0	$0	$0
RICHMOND COLLINSWORTH	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL ENG	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH HERMAN FULTON	DIRECTOR	1.00	Director	$0	$0	$0
MATT HYMAN	DIRECTOR	1.00	Director	$0	$0	$0
GRANT LAUGHLIN	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP ROSENFELD	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM ROTH	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SCHNITZER	DIRECTOR	1.00	Director	$0	$0	$0
CANON SHOULTS	DIRECTOR	1.00	Director	$0	$0	$0
DONNA STILES	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY VELER	DIRECTOR	1.00	Director	$0	$0	$0
ALLYSON YOST	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN DENTON	DIRECTOR	1.00	Director	$0	$0	$0
SARA FREDERICKS	DIRECTOR	1.00	Director	$0	$0	$0
SHARON HERRIN	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE JESSEN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL KAPLAN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE NDEGWA	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH REIMER	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY STANFORD	DIRECTOR	1.00	Director	$0	$0	$0
GRANT PRUITT	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
2024	No data	No data	No data	No data
2023	$112,864	$65,273	$17,432	$47,591
2022	$88,585	$151,719	$44,817	$-63,134
2021	$145,220	$154,178	$43,697	$-8,958
2020	$281,247	$190,892	$88,872	$90,355
2019	$591,249	$240,155	$494,602	$351,094
2018	$95,391	$116,243	$89,088	$-20,852

NORTH TEXAS COMMERCIAL ASSOCIATION OF REAL ESTATE PROFESSIONALS INC