HOUSTON CHAPTER OF TEXAS SOCIETY O… - Form 990 Financial Data

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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

1959

Legal Domicile

Principal Officer

MARK ALLEN

Phone

7136227733

Tax Period

2024-06-01 to 2025-05-31

HOUSTON CHAPTER OF TEXAS SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS, founded in 1959, is a small nonprofit that reported $632K in total revenue in fiscal year 2024. Expenses of $721K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROMOTE INTERESTS OF CPAS IN THE HOUSTON AREA THROUGH PROGRAMS OF COMMON INTEREST, CONTINUING EDUCATION, AND PROFESSIONAL DEVELOPMENT.

Program Service Accomplishments

Program 1

THE HOUSTON CPA SOCIETY WAS ORGANIZED IN 1928 AND CHARTERED IN 1959. MEMBERS EXEMPLIFY THEIR COMMITMENT TO HELPING THE GREATER HOUSTON COMMUNITIES THROUGH VARIOUS VOLUNTEER AND OUTREACH PROGRAMS. THE HOUSTON CPA SOCIETY'S REPUTATION FOR ACTION, INTEGRITY, AND COMPETENCE IS THE RESULT OF STRONG VOLUNTEER LEADERSHIP. WITH OVER 25 SPECIFIC COMMITTEES PLUS AN ACTIVE STUDENT AUXILIARY, THERE IS A COMMITTEE TO MEET THE NEEDS AND INTERESTS OF EVERY CPA. AS A SERVICE TO THE COMMUNITY, THE SOCIETY MAINTAINS A NO-COST REFERRAL SERVICE FOR ANYONE LOOKING FOR A CPA

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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 $497,501

Program Service Revenue $492

Investment Income $131,498

Other Revenue $2,130

TOTAL REVENUE $631,621

Expense Breakdown

Grants Paid $252,000

Salaries & Benefits $280,548

Fundraising Expenses $0

Program Expenses $0

Other Expenses $188,513

TOTAL EXPENSES $721,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$631,621	$651,135	0.0%
Expenses	$721,061	$730,048	0.0%
Net Income	$-89,440	$-78,913	+0.1%

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

Volunteers

150

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

$131,546

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK ALLEN	EXECUTIVE DIRECTOR/ASST SECRETARY	25	Director	$131,546	$0	$131,546
KRISTIE ONDRACEK	CFO/COO	25	Highest	$112,068	$0	$112,068
KATHERINE R RODRIGUEZ	PRESIDENT	3	Officer Director	$0	$0	$0
BRAD ELGIN	PRESIDENT-ELECT	3	Officer Director	$0	$0	$0
SHERYL JIMERSON	VICE PRESIDENT	1	Officer Director	$0	$0	$0
ROLANDO GARCIA	SECRETARY	1	Officer Director	$0	$0	$0
KELLY HIGGINBOTHAM	TREASURER	2	Officer Director	$0	$0	$0
BARIA JAROUDI	TREASURER-ELECT	2	Officer Director	$0	$0	$0
ADAM DIMMICK	IMMEDIATE PAST PRESIDENT	1	Director	$0	$0	$0
MOHAMAD AL-KAWAFHA	DIRECTOR	1	Director	$0	$0	$0
PHILLIP ARVANETAKIS	DIRECTOR	1	Director	$0	$0	$0
DIANA CASTRO	DIRECTOR	1	Director	$0	$0	$0
SAMUEL COOPER	DIRECTOR	1	Director	$0	$0	$0
WADE EGMON	DIRECTOR	1	Director	$0	$0	$0
HUANGDONG FARIS	DIRECTOR	1	Director	$0	$0	$0
AMY JOHANSSON	DIRECTOR	1	Director	$0	$0	$0
NHU LE	DIRECTOR	1	Director	$0	$0	$0
MICHAEL KRATEN	DIRECTOR	1	Director	$0	$0	$0
MICHAEL MORGAN	DIRECTOR	1	Director	$0	$0	$0
GAIL NEELY	DIRECTOR	1	Director	$0	$0	$0
NINA PEREZ	DIRECTOR	1	Director	$0	$0	$0
TAMI PREECE	DIRECTOR	1	Director	$0	$0	$0
CINDY PRIDGEN	DIRECTOR	1	Director	$0	$0	$0
RACHEL GLEICHER	DIRECTOR	1	Director	$0	$0	$0
BEN SIMISKEY	DIRECTOR	1	Director	$0	$0	$0
DANIELLE SUPKIS CHEEK	DIRECTOR	1	Director	$0	$0	$0
SABLE WATERS	DIRECTOR	1	Director	$0	$0	$0
WILLIAM WU	DIRECTOR	1	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	$631,621	$721,061	$1,957,293	$-89,440
2024	$651,135	$730,048	$2,008,278	$-78,913
2023	$639,599	$690,389	$2,107,240	$-50,790
2022	$838,317	$767,539	$2,285,094	$70,778
2021	$776,615	$760,518	$1,904,775	$16,097
2020	$762,104	$782,323	$1,528,660	$-20,219
2019	$814,674	$803,633	$1,651,696	$11,041
2018	$845,066	$629,968	$1,609,596	$215,098

HOUSTON CHAPTER OF TEXAS SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS