TEXAS INSTITUTE FOR FEDERAL TAXES

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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

GENE WOLF

Phone

4695053900

Tax Period

2023-01-01 to 2023-12-31

TEXAS INSTITUTE FOR FEDERAL TAXES, founded in 2012, is a small nonprofit in the Education sector that reported $371K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $347K left a modest 7% surplus.

Mission

THE CORPORATION'S PRIMARY PURPOSES ARE TO PROMOTE IMPROVEMENT IN LEGAL EDUCATION AND TRAINING IN THE FIELD OF FEDERAL TAXATION. IT ALSO SERVES TO INCREASE COMMUNICATION, COOPERATION, AND SHARING OF IDEAS ON FEDERAL TAXATION.

Program Service Accomplishments

Program 1

Expenses: $297,971 Revenue: $54,300

ANNUAL TEXAS FEDERAL TAX INSTITUTE: TO PROVIDE ATTORNEYS AND OTHER TAX PROFESSIONALS AN OPPORTUNITY TO LEARN AND LISTEN FROM PROMINENT EXPERTS IN FEDERAL TAX AS WELL AN OPPORTUNITY TO OBTAIN...

ANNUAL TEXAS FEDERAL TAX INSTITUTE: TO PROVIDE ATTORNEYS AND OTHER TAX PROFESSIONALS AN OPPORTUNITY TO LEARN AND LISTEN FROM PROMINENT EXPERTS IN FEDERAL TAX AS WELL AN OPPORTUNITY TO OBTAIN CONTINUING LEGAL AND PROFESSIONAL EDUCATION.

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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 $317,000

Program Service Revenue $54,300

Investment Income $0

Other Revenue $0

TOTAL REVENUE $371,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $297,971

Other Expenses $346,729

TOTAL EXPENSES $346,729

Year-over-Year Comparison

	2023	2022	Change
Revenue	$371,300	$331,150	+0.1%
Expenses	$346,729	$343,700	+0.0%
Net Income	$24,571	$-12,550	-3.0%

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
ALYSON OUTENREATH	DIRECTOR	0.50	Director	$0	$0	$0
AMY SUTTON	DIRECTOR	0.50	Director	$0	$0	$0
BARBARA S DE MARIGNY	DIRECTOR	0.50	Director	$0	$0	$0
C TIMOTHY FENN	DIRECTOR	0.50	Director	$0	$0	$0
CARL HOWARD	DIRECTOR	0.50	Director	$0	$0	$0
CYNTHIA M OHLENFORST	DIRECTOR	0.50	Director	$0	$0	$0
DANIEL G BAUCUM	DIRECTOR	0.50	Director	$0	$0	$0
DANIEL J MICCICHE	DIRECTOR	0.50	Director	$0	$0	$0
DAVID A MILLER	DIRECTOR	0.50	Director	$0	$0	$0
DAVID E COLMENERO	DIRECTOR	0.50	Director	$0	$0	$0
JAMES HOWARD	DIRECTOR	0.50	Director	$0	$0	$0
JOEL N CROUCH	DIRECTOR	0.50	Director	$0	$0	$0
KATRINA H WELCH	DIRECTOR	0.50	Director	$0	$0	$0
KEN SIBLEY CPA	DIRECTOR	0.50	Director	$0	$0	$0
KRISTI KENNEDY CPA	DIRECTOR	0.50	Director	$0	$0	$0
LEAH JACKSON TEAGUE	DIRECTOR	0.50	Director	$0	$0	$0
MITCH TIRAS	DIRECTOR	0.50	Director	$0	$0	$0
ORLY MAZUR	DIRECTOR	0.50	Director	$0	$0	$0
PATRICK O'DANIEL	DIRECTOR	0.50	Director	$0	$0	$0
PHILIPPE SIMOENS	DIRECTOR	0.50	Director	$0	$0	$0
R BRENT CLIFTON	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS R HELFAND	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS W FORD JR	DIRECTOR	0.50	Director	$0	$0	$0
TODD D KEATOR	DIRECTOR	0.50	Director	$0	$0	$0
WENDY TRAHAN SALINAS	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM D ELLIOTT	DIRECTOR	0.50	Director	$0	$0	$0
BRANDY ARBUTHNOT	DIRECTOR	0.50	Director	$0	$0	$0
JASON B FREEMAN	DIRECTOR	0.50	Director	$0	$0	$0
TODD LOWTHER	DIRECTOR	0.50	Director	$0	$0	$0
CRAWFORD MOREFIELD	DIRECTOR	0.50	Director	$0	$0	$0
NATHAN SMITHSON	DIRECTOR	0.50	Director	$0	$0	$0
GENE WOLF	PRESIDENT	1.00	Officer	$0	$0	$0
J SCOTT MORRIS	CHAIRMAN EMERITUS	1.00	Officer	$0	$0	$0
JULIE SASSENRATH	SECRETARY	1.00	Officer	$0	$0	$0
KEVIN THOMASON	CHAIRMAN	1.00	Officer	$0	$0	$0
LABRY WELTY	TREASURER	0.50	Officer	$0	$0	$0
R DAVID WHEAT	VICE PRESIDENT	1.00	Officer	$0	$0	$0
WILLIAM P BOWERS	VICE PRESIDENT	1.00	Officer	$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	$371,300	$346,729	$226,993	$24,571
2022	$331,150	$343,700	$210,422	$-12,550
2021	$227,266	$107,678	$229,971	$119,588
2020	$32,100	$37,043	$143,383	$-4,943
2019	$351,985	$303,042	$100,326	$48,943
2018	$262,020	$270,783	$57,383	$-8,763