MUNICIPAL ADVISORY COUNCIL OF TEXAS (EIN 741213601) - 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

1954

Legal Domicile

Principal Officer

LAURA SLAUGHTER

Phone

5124766947

Tax Period

2023-11-01 to 2024-10-31

MUNICIPAL ADVISORY COUNCIL OF TEXAS, founded in 1954, is a community nonprofit that reported $6.3M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $5.8M left a modest 8% surplus.

Mission

THE MAC IS THE ONLY SOURCE IN TEXAS, OF COMPREHENSIVE FINANCIAL INFORMATION REGARDING MUNICIPAL DEBT ISSUERS. ITS INFORMATION SERVICES PROVIDE BENEFITS TO ISSUERS, BROKER-DEALERS, INVESTORS, STATE GOVERNMENT AND THE CITIZENS OF TEXAS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,769,188

Investment Income $433,621

Other Revenue $90,889

TOTAL REVENUE $6,293,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,199,545

Fundraising Expenses $0

Other Expenses $1,582,267

TOTAL EXPENSES $5,781,812

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,293,698	$5,601,038	+0.1%
Expenses	$5,781,812	$5,308,498	+0.1%
Net Income	$511,886	$292,540	+0.7%

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

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

$743,063

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA SLAUGHTER	EXECUTIVE DIRECTOR	40.00	Officer	$416,112	$68,015	$484,127
TERRENCE SPENCER	SENIOR IT CONSULTANT	40.00	Highest	$219,326	$48,442	$267,768
LAURA LUSK	SECRETARY/CFO	40.00	Officer	$189,724	$69,212	$258,936
BRANDON DALTON	DIRECTOR OF SOFTWARE DEVELOPMENT	40.00	Highest	$172,635	$28,467	$201,102
STERLING JAYNES	DIRECTOR OF IT OPERATIONS	40.00	Highest	$167,718	$31,098	$198,816
ELISSA BOESHART	SENIOR FINANCIAL ANALYST	40.00	Highest	$107,590	$20,061	$127,651
BARBARA DEWEY	TEXAS BOND REPORTER EDITOR	40.00	Highest	$100,726	$35,163	$135,889
DONALD GONZALES	CHAIR	2.00	Officer Director	$0	$0	$0
ROBIN REDFORD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARK MCGRUDER	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
STEPHEN EUSTIS	TRUSTEE	1.00	Director	$0	$0	$0
ESTER FLORES	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW T FRIEDMAN	TRUSTEE	1.00	Director	$0	$0	$0
RANDALL HAWKINS	TRUSTEE	1.00	Director	$0	$0	$0
SHAWNELL HOLMAN	TRUSTEE	1.00	Director	$0	$0	$0
RICK MENCHACA	TRUSTEE	1.00	Director	$0	$0	$0
CHAD RUNNELS	TRUSTEE	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	$6,293,698	$5,781,812	$11,997,511	$511,886
2023	$5,601,038	$5,308,498	$11,338,252	$292,540
2022	$5,347,437	$4,910,289	$11,102,952	$437,148
2021	$5,354,298	$4,669,576	$10,892,590	$684,722
2020	$5,015,335	$4,144,610	$10,357,983	$870,725
2019	$3,966,456	$4,123,835	$9,235,458	$-157,379

MUNICIPAL ADVISORY COUNCIL OF TEXAS