GULF COAST GEOLOGICAL LIBRARY INC

EIN: 741655332 501(c)(3) Education

HOUSTON, TX

Total Revenue
$273,306
Total Expenses
$255,628
Total Assets
$44,554
Net Assets
$34,997
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
TX
Principal Officer
BEN MCCARTHY
Phone
2818365356
Tax Period
2024-10-01 to 2025-09-30

GULF COAST GEOLOGICAL LIBRARY INC, founded in 2024, is a small nonprofit in the Education sector that reported $273K in total revenue in fiscal year 2024. Revenue surged 212% from the prior year, signaling strong growth momentum. Expenses of $256K left a modest 6% surplus.

Mission

THE CORPORATION IS ORGANIZED TO COLLECT, ORGANIZE, PRESERVE AND PROVIDE HISTORICAL AND CONTEMPORARY

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $256,425
Program Service Revenue $7,425
Investment Income $0
Other Revenue $9,456
TOTAL REVENUE $273,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,237
Fundraising Expenses $0
Program Expenses $3,443
Other Expenses $198,391
TOTAL EXPENSES $255,628

Year-over-Year Comparison

2024 2023 Change
Revenue $273,306 $87,732 +2.1%
Expenses $255,628 $70,413 +2.6%
Net Income $17,678 $17,319 +0.0%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN MCCARTHY PRESIDENT 7.00
Officer Director
$0 $0 $0
BARRY RAVA VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BILL BROWN SECRETARY 2.00
Officer Director
$0 $0 $0
STEVE WILMOTH TREASURER 7.00
Officer Director
$0 $0 $0
JOHN GOSS DIRECTOR 7.00
Director
$0 $0 $0
WALTER LIGHT DIRECTOR 2.00
Director
$0 $0 $0
BRIAN SMYTH DIRECTOR 2.00
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
2025 $273,306 $255,628 $44,554 $17,678
2024 $87,732 $70,413 $62,386 $17,319
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GULF COAST GEOLOGICAL LIBRARY INC with other nonprofits in Texas and across the country.