NECHES RIVER FESTIVAL INC (EIN 741462495) - 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

1949

Principal Officer

JUSTIN HUFF

Phone

4098352443

Tax Period

2024-06-01 to 2025-05-31

NECHES RIVER FESTIVAL INC, founded in 1949, is a small nonprofit in the Arts, Culture & Humanities sector that reported $558K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

GENERAL PROMOTION OF THE SOUTHEAST TEXAS AREA.

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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 $268,195

Program Service Revenue $290,034

Investment Income $20

Other Revenue $0

TOTAL REVENUE $558,249

Expense Breakdown

Grants Paid $7,250

Salaries & Benefits $67,501

Fundraising Expenses $4,483

Program Expenses $477,785

Other Expenses $481,499

TOTAL EXPENSES $556,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$558,249	$493,256	+0.1%
Expenses	$556,250	$528,476	+0.1%
Net Income	$1,999	$-35,220	-1.1%

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

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
BOBBY BEAVER	SECRETARY	0.50	Officer Director	$0	$0	$0
MELLIE BEVILACQUA	SOCIAL CHAIR	0.50	Officer Director	$0	$0	$0
COLBY CRENSHAW	TREASURER	2.00	Officer Director	$0	$0	$0
MILES HAYNES	SECOND VICE	2.00	Officer Director	$0	$0	$0
JUSTIN HUFF	PRESIDENT	2.00	Officer Director	$0	$0	$0
ZACH STILES	FIRST VICE P	2.00	Officer Director	$0	$0	$0
EMILY WHEELER	SOCIAL CHAIR	0.50	Officer 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	$558,249	$556,250	$101,204	$1,999
2024	$493,256	$528,476	$99,012	$-35,220
2023	$526,152	$539,404	$134,249	$-13,252
2022	$490,132	$508,275	$146,515	$-18,143
2021	$366,630	$419,519	$164,659	$-52,889
2020	$250,789	$167,330	$217,530	$83,459
2019	$304,164	$277,183	$135,879	$26,981
2018	$288,794	$280,837	$108,910	$7,957

NECHES RIVER FESTIVAL INC