TEXAS RICE FESTIVAL INC

EIN: 741671901

WINNIE, TX

Total Revenue
$648,299
Total Expenses
$673,602
Total Assets
$930,924
Net Assets
$730,297
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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
1969
Legal Domicile
TX
Phone
4092964404
Tax Period
2024-01-01 to 2024-12-31

TEXAS RICE FESTIVAL INC, founded in 1969, is a small nonprofit that reported $648K in total revenue in fiscal year 2024.

Mission

AGRICULTURAL EDUCATION AND PROMOTIONTO CONDUCT ACTIVITIES TO PROMOTE THE RICE INDUSTRY AND EDUCATE THE PUBLIC ABOUT THE RICE INDUSTRY AND OTHER AGRICULTURAL ACTIVITY IN SOUTHEAST TEXAS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $277,332
Program Service Revenue $375,000
Investment Income $2,724
Other Revenue $-6,757
TOTAL REVENUE $648,299

Expense Breakdown

Grants Paid $70,875
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $608,537
Other Expenses $602,727
TOTAL EXPENSES $673,602

Year-over-Year Comparison

2024 2023 Change
Revenue $648,299 $640,922 +0.0%
Expenses $673,602 $598,921 +0.1%
Net Income $-25,303 $42,001 -1.6%
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

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Governance

Voting Members
42
Independent Members
42
Employees
N/A
Volunteers
325

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
5
$0
Total Directors
40
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SISSY LEGER REPRESENTATIVE 30.00
Director
$0 $0 $0
REID LOWRANCE REPRESENTATIVE 1.00
Director
$0 $0 $0
GIRLEAN MCCALL REPRESENTATIVE 1.00
Director
$0 $0 $0
STUART LEGER PAST PRESIDENT 1.00
Director
$0 $0 $0
JEFF LEGER REPRESENTATIVE 1.00
Director
$0 $0 $0
TAMMIE GILFILLIAN PAST PRESIDENT 1.00
Director
$0 $0 $0
CHAD ANDRUS REPRESENTATIVE 1.00
Director
$0 $0 $0
DAVID MURRELL REPRESENTATIVE 1.00
Director
$0 $0 $0
JAMES GENTZ JR REPRESENTATIVE 1.00
Director
$0 $0 $0
MELISSA HODGES REPRESENTATIVE 1.00
Director
$0 $0 $0
TY JONES REPRESENTATIVE 1.00
Director
$0 $0 $0
SANDRA BURRELL REPRESENTATIVE 1.00
Director
$0 $0 $0
STEVE HODGES REPRESENTATIVE 1.00
Director
$0 $0 $0
LEROY MCCALL JR REPRESENTATIVE 1.00
Director
$0 $0 $0
TROY DOW REPRESENTATIVE 1.00
Director
$0 $0 $0
JUSTIN DEVILLIER PAST PRESIDENT 10.00
Director
$0 $0 $0
ALI BLANCHARD BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD CRONE BOARD MEMBER 1.00
Director
$0 $0 $0
HELENA DOW BOARD MEMBER 1.00
Director
$0 $0 $0
ANN FRUGIA BOARD MEMBER 1.00
Director
$0 $0 $0
PEANUT GILFILLIAN BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLOTTE LAW BOARD MEMBER 1.00
Director
$0 $0 $0
EDWARD MURRELL BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER SUMRALL BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS STREET BOARD MEMBER 1.00
Director
$0 $0 $0
KIM HILL BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE MILLIGAN REPRESENTATIVE 1.00
Director
$0 $0 $0
KADE BROUSSARD BOARD MEMBER 1.00
Director
$0 $0 $0
KIM ACKEL BOARD MEMBER 1.00
Director
$0 $0 $0
CODY BAUER BOARD MEMBER 1.00
Director
$0 $0 $0
MALCOLM MATTHEWS REPRESENTATIVE 1.00
Director
$0 $0 $0
JORDAN KIKER BOARD MEMBER 1.00
Director
$0 $0 $0
MEGAN MORRISON BOARD MEMBER 1.00
Director
$0 $0 $0
LISA STRAMECKI BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT RACCA BOARD MEMBER 1.00
Director
$0 $0 $0
DARRELL GUIDRY PARLIAMENTARIAN 10.00
Officer Director
$0 $0 $0
GLEN KIKER PRESIDENT 40.00
Officer Director
$0 $0 $0
GARY GARCIA TREASURER 30.00
Officer Director
$0 $0 $0
FRANK ABALOS 2ND VICE PRESIDENT 30.00
Officer Director
$0 $0 $0
KELLY ALTON 1ST VICE PRESIDENT 1.00
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
2024 $648,299 $673,602 $930,924 $-25,303
2023 $640,922 $598,921 $935,550 $42,001
2022 $611,284 $573,583 $900,429 $37,701
2021 $442,756 $497,840 $889,276 $-55,084
2020 $44,971 $143,179 $950,816 $-98,208
2019 $287,280 $301,869 $1,055,112 $-14,589
2018 $615,759 $607,324 $1,103,324 $8,435
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