Relief Enterprise of Texas Inc (EIN 270080754) - 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

2002

Legal Domicile

Phone

5124670115

Tax Period

2024-01-01 to 2024-12-31

Relief Enterprise of Texas Inc, founded in 2002, is a community nonprofit in the Employment sector that reported $5.7M in total revenue in fiscal year 2024.

Mission

Rehabilitation of Disabled Individuals by providing Training and Employment Opportunities

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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 $919

Program Service Revenue $5,740,794

Investment Income $2,862

Other Revenue $0

TOTAL REVENUE $5,744,575

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,384,059

Fundraising Expenses $0

Program Expenses $5,696,691

Other Expenses $1,673,063

TOTAL EXPENSES $6,057,122

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,744,575	$5,478,062	+0.0%
Expenses	$6,057,122	$6,426,497	-0.1%
Net Income	$-312,547	$-948,435	-0.7%

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

339

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
John Griffin	Board Member	5.00	Officer	$0	$0	$0
Curtis McCormick	Board Member	5.00	Officer	$0	$0	$0
Tom Hanna	Board Member	5.00	Officer	$0	$0	$0
Joe Bryant	Board Member	5.00	Officer	$0	$0	$0
Calvin Williams	Board Member	20.00	Key Emp	$0	$0	$0
Clarence Williams	Board Member	20.00	Key Emp	$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	$5,744,575	$6,057,122	$1,023,235	$-312,547
2023	$5,478,062	$6,426,497	$1,141,404	$-948,435
2022	$6,049,464	$5,231,008	$1,637,532	$818,456
2021	$4,965,380	$4,710,256	$1,282,942	$255,124
2020	$3,708,979	$3,646,560	$932,900	$62,419
2019	$3,287,495	$3,466,399	$363,559	$-178,904
2018	$3,147,307	$3,312,525	$450,366	$-165,218

Relief Enterprise of Texas Inc