Texas Agricultural Land Trust Foundation (EIN 464540280) - 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

2013

Legal Domicile

Principal Officer

Chad Ellis

Phone

2108260074

Tax Period

2024-04-01 to 2025-03-31

Texas Agricultural Land Trust Foundation, founded in 2013, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $887K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $583K, a strong 66% operating margin.

Mission

The Foundation provides financial support and other resources exclusively for TALT.

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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 $231,332

Program Service Revenue $0

Investment Income $655,578

Other Revenue $0

TOTAL REVENUE $886,910

Expense Breakdown

Grants Paid $234,620

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $234,620

Other Expenses $68,925

TOTAL EXPENSES $303,545

Year-over-Year Comparison

	2024	2023	Change
Revenue	$886,910	$4,533,044	-0.8%
Expenses	$303,545	$149,923	+1.0%
Net Income	$583,365	$4,383,121	-0.9%

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

$173,759

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chad Ellis	Chief Executive Officer	5.00	Officer	$0	$9,904	$173,759
Brandon E Bennett	Dir Additive Conservation/Legal	2.00	Highest	$0	$7,600	$121,265
Joseph Fitzsimons	Chair	1.00	Officer Director	$0	$0	$0
Toby Calvert	Treasurer	1.00	Officer Director	$0	$0	$0
Perry Bass II	Secretary	1.00	Officer Director	$0	$0	$0
David Crow	Director	1.00	Officer Director	$0	$0	$0
Karen Hixon	Director	1.00	Director	$0	$0	$0
Watt Matthews	Director	1.00	Director	$0	$0	$0
Carter Smith	Director	1.00	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	$886,910	$303,545	$14,518,434	$583,365
2024	$4,533,044	$149,923	$13,905,980	$4,383,121
2023	$1,978,417	$82,346	$8,129,260	$1,896,071
2022	$1,794,847	$60,768	$6,498,938	$1,734,079
2021	$232,356	$49,542	$4,527,479	$182,814
2020	$608,809	$38,732	$3,093,334	$570,077
2019	$1,176,545	$24,010	$2,904,533	$1,152,535

Texas Agricultural Land Trust Foundation