TEXAS OILFIELD ANGELS (EIN 472499774) - 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

2014

Legal Domicile

Principal Officer

MARVIN M TURNER

Phone

9036571700

Tax Period

2024-01-01 to 2024-12-31

TEXAS OILFIELD ANGELS, founded in 2014, is a small nonprofit in the Human Services sector that reported $136K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $182K exceeded revenue, resulting in a 34% operating deficit.

Mission

THE ORGANIZATIONS'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE ASSISTANCE AND SUPPORT TO OILFIELD WORKERS AND THEIR FAMILIES WHEN THEY ARE INJURED WHILE PERFORMING THEIR JOB DUTIES.

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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 $19,360

Program Service Revenue $0

Investment Income $0

Other Revenue $116,228

TOTAL REVENUE $135,588

Expense Breakdown

Grants Paid $167,262

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,262

Other Expenses $14,579

TOTAL EXPENSES $181,841

Year-over-Year Comparison

	2024	2023	Change
Revenue	$135,588	$323,744	-0.6%
Expenses	$181,841	$227,155	-0.2%
Net Income	$-46,253	$96,589	-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

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
MARVIN M TURNER	PRESIDENT	5.00	Officer Director	$0	$0	$0
EMMETT CAPT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ZACK MUSTIN	DIRECTOR	1.00	Director	$0	$0	$0
LISA MUSTIN	TREASURER	5.00	Officer Director	$0	$0	$0
RACHAL CURRY	DIRECTOR	1.00	Director	$0	$0	$0
DANNY KENNEDY	DIRECTOR	1.00	Director	$0	$0	$0
DANA MCCLENDON	DIRECTOR	1.00	Director	$0	$0	$0
STEVE MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY WILLIAMSON	SECRETARY	1.00	Officer Director	$0	$0	$0
RICKY WHELAN	DIRECTOR	1.00	Director	$0	$0	$0
LOWELL MCCOY	DIRECTOR	1.00	Director	$0	$0	$0
JASON HEATON	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
2024	$135,588	$181,841	$348,855	$-46,253
2023	$323,744	$227,155	$395,108	$96,589
2022	$351,975	$255,855	$298,519	$96,120
2021	$403,934	$366,903	$202,399	$37,031
2020	$162,117	$117,645	$165,368	$44,472
2019	$205,893	$186,052	$120,896	$19,841

TEXAS OILFIELD ANGELS