TEXAS FIRE MARSHALS ASSOCIATION

EIN: 741977992 Community Improvement

Rockwall, TX

Total Revenue
$293,439
Total Expenses
$245,506
Total Assets
$215,730
Net Assets
$215,730
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
TX
Principal Officer
Buddy Rice
Phone
2145383457
Tax Period
2024-01-01 to 2024-12-31

TEXAS FIRE MARSHALS ASSOCIATION, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $293K in total revenue in fiscal year 2024. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 16% operating margin.

Mission

The Texas Fire Marshals Association TFMA is a nonprofit organization dedicated to enhancing fire prevention and safety across Texas. Its mission includes promoting high professional standards among fire marshals fostering collaboration between public agencies and private industry and removing barriers to effective fire prevention. TFMA provides a forum for the exchange of technical information best practices and emerging trends in fire safety. The association also hosts annual training conferences that support professional development and strengthen partnerships among fire prevention professionals statewide.

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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 $293,439
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $293,439

Expense Breakdown

Grants Paid $14,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $245,506
Other Expenses $231,506
TOTAL EXPENSES $245,506

Year-over-Year Comparison

2024 2023 Change
Revenue $293,439 $100,472 +1.9%
Expenses $245,506 $153,870 +0.6%
Net Income $47,933 $-53,398 -1.9%
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
14
Independent Members
14
Employees
N/A
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Buddy Rice President 5.00
Officer
$0 $0 $0
Kelly Kistner First Vice President 5.00
Officer
$0 $0 $0
Dan Mayes Treasurer 10.00
Officer
$0 $0 $0
Ryan Smith Second Vice President 0.00
Director
$0 $0 $0
Jason Beck Director 0.00
Director
$0 $0 $0
Robert Ford Director 1.00
Director
$0 $0 $0
Todd Perna 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 $293,439 $245,506 $215,730 $47,933
2023 $251,347 $207,202 $167,797 $44,145
2023 $100,472 $153,870 $167,797 $-53,398
2022 $174,330 $151,821 $123,652 $22,509
2021 $135,479 $104,831 No data $30,648
2020 $1,479 $5,305 $70,495 $-3,826
2019 $115,053 $98,187 $74,719 $16,866
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