TEXAS ELKS ENDOWMENT INC (EIN 741175832) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1942

Legal Domicile

Principal Officer

LORETTA SHIRLEY

Phone

8308752425

Tax Period

2024-06-01 to 2025-05-31

TEXAS ELKS ENDOWMENT INC, founded in 1942, is a small nonprofit that reported $861K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $640K, a strong 74% operating margin.

Mission

THE ORGANIZATION'S PURPOSE IS TO PROVIDE FINANCIAL SUPPORT TO TEXAS ELKS CHILDREN'S SERVICES, INC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,739

Program Service Revenue $0

Investment Income $760,390

Other Revenue $88,773

TOTAL REVENUE $860,902

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $128,827

Other Expenses $220,816

TOTAL EXPENSES $220,816

Year-over-Year Comparison

	2024	2023	Change
Revenue	$860,902	$599,954	+0.4%
Expenses	$220,816	$362,001	-0.4%
Net Income	$640,086	$237,953	+1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
LOWELL HANDSHAKE	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARK WELCH	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
MANDY MEYERS	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
JIMMY SHELTON	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN HAFLEY	DIRECTOR	1.00	Director	$0	$0	$0
LORETTA SHIRLEY	EXECUTIVE DI	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
2025	$860,902	$220,816	$12,016,076	$640,086
2024	$599,954	$362,001	$11,312,193	$237,953
2023	$1,061,946	$380,832	$10,029,367	$681,114
2022	$278,961	$371,692	$10,711,320	$-92,731
2021	$292,195	$223,438	$11,351,291	$68,757
2019	$541,459	$397,874	$10,656,845	$143,585
2018	$363,791	$426,034	$10,368,000	$-62,243

TEXAS ELKS ENDOWMENT INC