Texas Crab Festival Charities (EIN 461076676) - 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

2012

Legal Domicile

Principal Officer

Tom Osten

Phone

2817733044

Tax Period

2024-01-01 to 2024-12-31

Texas Crab Festival Charities, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $242K in total revenue in fiscal year 2024. The organization ran a surplus of $93K, a strong 39% operating margin.

Mission

Corporation shall provide funding to increase educational and career opportunities for Bolivar Peninsula residents of all ages, and support other charities which benefit the Bolivar Peninsula

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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 $55,207

Program Service Revenue $0

Investment Income $0

Other Revenue $186,563

TOTAL REVENUE $241,770

Expense Breakdown

Grants Paid $100,410

Salaries & Benefits $0

Fundraising Expenses $6,238

Program Expenses $100,410

Other Expenses $47,866

TOTAL EXPENSES $148,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$241,770	$241,299	+0.0%
Expenses	$148,276	$187,022	-0.2%
Net Income	$93,494	$54,277	+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

N/A

Volunteers

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
Tom Osten	President	20.00	Officer	$0	$0	$0
Conrad Cooper	Secretary	10.00	Officer	$0	$0	$0
Annette Dailey	Director	10.00	Director	$0	$0	$0
Jim Denys	Asset Administrator	10.00	Officer	$0	$0	$0
Gray Hays	Treasurer	10.00	Officer	$0	$0	$0
Greg Fountain	Director	10.00	Director	$0	$0	$0
Colt Thomas	Director	10.00	Director	$0	$0	$0
Tim Byrom	Director	10.00	Director	$0	$0	$0
Mark DeSantis	VP	10.00	Officer	$0	$0	$0
Lance Bradley	Director	10.00	Director	$0	$0	$0
Chester Jourdan	Director	10.00	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
2025	No data	No data	No data	No data
2024	$241,770	$148,276	$651,428	$93,494
2023	$241,299	$187,022	$478,025	$54,277
2022	$135,734	$71,806	$491,482	$63,928
2021	$158,414	$52,114	$463,800	$106,300
2020	$114,577	$66,961	$422,500	$47,616
2019	$123,460	$64,902	$466,494	$58,558
2018	$272,551	$247,013	$115,436	$25,538

Texas Crab Festival Charities