TEXAS INSTITUTE FOR FEDERAL TAXES

EIN: 461306514 501(c)(3) Education

DALLAS, TX

Total Revenue
$371,300
Total Expenses
$346,729
Total Assets
$226,993
Net Assets
$226,993
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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
TX
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.

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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 (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

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Governance

Voting Members
38
Independent Members
38
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
7
$0
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
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
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