TEXAS ASSC OF CONVENTION & VISITOR BUREAUS INC (EIN 741903305) - 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

1983

Legal Domicile

Principal Officer

KATHLEEN DAVIS

Phone

9409991002

Tax Period

2023-10-01 to 2024-09-30

TEXAS ASSC OF CONVENTION & VISITOR BUREAUS INC, founded in 1983, is a small nonprofit that reported $733K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $658K left a modest 10% surplus.

Mission

ENHANCE GROWTH OF CONVENTION AND TOURISM INDUSTRY IN 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $175,625

Program Service Revenue $550,594

Investment Income $7,078

Other Revenue $0

TOTAL REVENUE $733,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,881

Fundraising Expenses $0

Program Expenses $577,686

Other Expenses $437,108

TOTAL EXPENSES $657,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$733,297	$600,975	+0.2%
Expenses	$657,989	$429,910	+0.5%
Net Income	$75,308	$171,065	-0.6%

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

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

$185,287

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN DAVIS	EXECUTIVE DIRECTOR	40.00	Key Emp	$185,287	$0	$185,287
JOHN FRIEBELE	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
MARK THOMPSON	PAST CHAIR	1.00	Officer Director	$0	$0	$0
ALVESTER GIBSON JR	DIRECTOR	1.00	Director	$0	$0	$0
BRETT OETTING	DIRECTOR	1.00	Director	$0	$0	$0
N/A	TREASURER	2.00	Officer Director	$0	$0	$0
TIFFANY NICHOLS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA LOKEY	DIRECTOR	1.00	Director	$0	$0	$0
KARYN MAYO	SECRETARY	2.00	Officer Director	$0	$0	$0
LARRY WOODS	CHAIR	2.00	Officer Director	$0	$0	$0
STEPHANIE POLK	DIRECTOR	1.00	Director	$0	$0	$0
BLAIRE FRIAR	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT JOSLOVE	EX OFFICIO	1.00	Director	$0	$0	$0
ERIKA BOYD	EX OFFICIO	1.00	Director	$0	$0	$0
KURT FOURNIER	DIRECTOR	1.00	Director	$0	$0	$0
JOSE GARCIA	DIRECTOR	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	$733,297	$657,989	$984,113	$75,308
2023	$600,975	$429,910	$864,826	$171,065
2022	$493,558	$316,441	$612,639	$177,117
2021	$371,766	$270,468	$402,129	$101,298
2020	$333,242	$264,152	$273,615	$69,090
2019	$358,699	$376,976	$216,550	$-18,277
2018	$391,795	$406,031	$211,960	$-14,236

TEXAS ASSC OF CONVENTION & VISITOR BUREAUS INC