NEW CAR DEALERS OF WEST TEXAS INC

EIN: 270839785 Community Improvement

LUBBOCK, TX

Total Revenue
$28,483
Total Expenses
$43,831
Total Assets
$15,135
Net Assets
$15,135
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
TX
Principal Officer
MORRIS E WILKES
Phone
8064383814
Tax Period
2025-01-01 to 2025-12-31

NEW CAR DEALERS OF WEST TEXAS INC, founded in 2009, is a micro nonprofit in the Community Improvement sector that reported $28K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Expenses of $44K exceeded revenue, resulting in a 54% operating deficit.

Mission

THE NEW CAR DEALERS OF WEST TEXAS, INC. IS A REGIONAL MEMBER ORGANIZATION WITH A MEMBERSHIP COMPRISED OF INDIVIDUALS AND ORGANIZATIONS ENGAGED IN BUSINESS IN ONE OR MORE OF THE COUNTIES LOCATED IN THE WESTERN PORTION OF THE STATE OF TEXAS, AS SET FORTH IN THE ORGANIZATION'S BYLAWS. MEMBERS ARE ENGAGED IN NEW MOTOR VEHICLE SALES AND SERVICE, OR ARE PARTIES TO A FRANCHISE AGREEMENT WITH A MANUFACTURER OF MOTOR VEHICLES OR ARE AUTHORIZED DISTRIBUTORS OF MOTOR VEHICLE MANUFACTURERS. THE PURPOSES OF THE ORGANIZATION ARE TO: (1) FOSTER AND PROMOTE THE INTERESTS OF ITS MEMBERS; (2) FOSTER AND PROMOTE THE PUBLIC INTEREST AS IT RELATES TO THE BUSINESS OF THE SALE OF NEW MOTOR VEHICLES; (3) OBTAIN, RETAIN, AND DISSEMINATE INFORMATION OF IMPORTANCE TO THE ASSOCIATION'S MEMBERSHIP; (4) PROMOTE COOPERATION BETWEEN AND AMONG THE MEMBERS OF THE ASSOCIATION; (5) INCREASE PUBLIC AWARENESS OF THE BUSINESS ENGAGED IN THE ASSOCIATION'S MEMBERS; (6) REPRESENT THE ASSOCIATION'S MEMBERSHIP IN ANY FORUM, PUBL

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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 $28,150
Program Service Revenue $0
Investment Income $333
Other Revenue $0
TOTAL REVENUE $28,483

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $43,831
Other Expenses $43,831
TOTAL EXPENSES $43,831

Year-over-Year Comparison

2025 2024 Change
Revenue $28,483 $30,456 -0.1%
Expenses $43,831 $36,715 +0.2%
Net Income $-15,348 $-6,259 +1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENT MCGAVOCK CHAIRMAN 0.25
Officer Director
$0 $0 $0
JOE STREET VICE-PRESIDE 0.25
Officer Director
$0 $0 $0
MORRIS E WILKES PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN ZWIACHER SECRETARY/TR 0.25
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 $28,483 $43,831 $15,135 $-15,348
2024 $30,456 $36,715 $30,483 $-6,259
2023 $32,911 $44,631 $36,742 $-11,720
2022 $30,650 $38,079 $48,462 $-7,429
2021 $26,050 $36,761 $55,891 $-10,711
2020 $28,350 $25,422 $66,602 $2,928
2019 $29,600 $27,413 $63,674 $2,187
2018 $35,769 $24,640 $61,487 $11,129
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