T G A INC

EIN: 742019785

HOUSTON, TX

Total Revenue
$453,227
Total Expenses
$417,263
Total Assets
$344,464
Net Assets
$344,380
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
TX
Principal Officer
Darrell Cherry President
Phone
2814978427
Tax Period
2023-01-01 to 2023-12-31

T G A INC, founded in 1974, is a small nonprofit that reported $453K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $417K left a modest 8% surplus.

Mission

The Texas Gas Association serves as an educational resource for the membership informing notifying and ensuring that the member companies are fully aware of rules regulations and the need for compliance of those rules and regulations and the times dates and forms needed to meet the compliance requirements of those rules.

Program Service Accomplishments

Program 1
Expenses: $135,167 Revenue: $310,340

The Texas Gas Association utilizes various meetings for the Association members and agencies to provide a forum for the exchange of ideas best practices and means of compliance with rules and to...

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The Texas Gas Association utilizes various meetings for the Association members and agencies to provide a forum for the exchange of ideas best practices and means of compliance with rules and to advise of upcoming new regulations and any legislation that would affect the natural gas industry. These meetings provide a forum to clarify and explain current means and methods to comply. These meetings include an Annual Operations and Management Conference with various informative breakout sessions Bpard and Committee Meetings and Roundtables offered for various industry niches including Distribution Transmission pipeline Safety and Damage Prevention. These roundtables are directed to the specific needs and interests of the various categories of membership within the Association. These meetings offer an opportunity to exchange best practices ideas and operational issues faced by the industry's various stakeholders.

Program 2
Expenses: $276,347 Revenue: $142,887

The Texas Gas Association utilizes membership dues and profits from the various meetings to support the administrative personnel of the Association office expenses travel hotel accommodations...

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The Texas Gas Association utilizes membership dues and profits from the various meetings to support the administrative personnel of the Association office expenses travel hotel accommodations per-diem expenses while traveling training for the TGA staff and public relations and outreach of the Associations which includes attendance at other Associations Board Meetings and regional meetings around the state. The administrative personnel actively visit and meet with Association members around the state as a means of outreach adding value for the membership and providing an opportunity for these members to have input into the vision and direction of the Association ensuring these remote members' ideas and directions are heard by the rest of the membership.

Program 3
Expenses: $5,749 Revenue: $0

The Texas Gas Association TGA Inc. utilizes the dues and profits from various meetings to communicate with the membership including but not limited to notification of upcoming rules and regulations...

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The Texas Gas Association TGA Inc. utilizes the dues and profits from various meetings to communicate with the membership including but not limited to notification of upcoming rules and regulations and the various meetings regarding these rules. The websites Texasgas.com and texasgasassociation.com and email systems serve as a platform for disseminating this information serving as a platform for the positive exchange of ideas vision and direction of the Association to ensure that the general pub ic and the member companies have a favorable view of the natural gas industry in Texa.

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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 (2023)

Revenue Breakdown

Contributions & Grants $174,444
Program Service Revenue $278,783
Investment Income $0
Other Revenue $0
TOTAL REVENUE $453,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $224,511
Fundraising Expenses $0
Program Expenses $417,263
Other Expenses $192,752
TOTAL EXPENSES $417,263

Year-over-Year Comparison

2023 2022 Change
Revenue $453,227 $406,081 +0.1%
Expenses $417,263 $361,255 +0.2%
Net Income $35,964 $44,826 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
28
Employees
2
Volunteers
50

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
8
$127,089
Total Directors
20
$0
Key Employees
2
$202,771
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Darrell Cherry President 40.00
Officer Key Emp Highest
$127,089 $0 $127,089
Linda Femal Director of Member services 40.00
Key Emp
$75,682 $0 $75,682
Michael Fuentes Chair 10.00
Officer
$0 $0 $0
Kyle Slaughter Vice Chair 10.00
Officer
$0 $0 $0
Paul Vela Secretary 5.00
Officer
$0 $0 $0
Phil Weigers Treasurer 5.00
Officer
$0 $0 $0
Nathan Brownell At-Large Officer 5.00
Officer
$0 $0 $0
Paul Kennedy At-Large Officer 5.00
Officer
$0 $0 $0
Coleman Sterling At-Large Officer 8.00
Officer
$0 $0 $0
Ande Bostain Board Member 6.00
Director
$0 $0 $0
Joe Chambers Board Member 6.00
Director
$0 $0 $0
Alfred Garcia Board Member 6.00
Director
$0 $0 $0
Rodney Hale Board Member 6.00
Director
$0 $0 $0
Chris Kresta Board Member 6.00
Director
$0 $0 $0
Tomas Lucero Board Member 6.00
Director
$0 $0 $0
Randall Rogers Board Member 6.00
Director
$0 $0 $0
Rudy Carrizales Board Member 6.00
Director
$0 $0 $0
Jerry Gann Board Member 6.00
Director
$0 $0 $0
Kelley Grimes Board Member 6.00
Director
$0 $0 $0
Randy Guzman Board Member 6.00
Director
$0 $0 $0
Robin McIntosh Board Member 6.00
Director
$0 $0 $0
Dan Renner Board Member 6.00
Director
$0 $0 $0
David Billinger Board Member 6.00
Director
$0 $0 $0
Bob Gajeske Board Member 6.00
Director
$0 $0 $0
Rusty Jennett Board Member 6.00
Director
$0 $0 $0
Ketha Molina Board Member 6.00
Director
$0 $0 $0
Anthony Moy Board Member 6.00
Director
$0 $0 $0
Daniel Pope Board Member 6.00
Director
$0 $0 $0
Robert Miller Board Member 6.00
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 No data No data No data No data
2023 $453,227 $417,263 $344,464 $35,964
2022 $406,081 $361,255 $308,416 $44,826
2021 $260,387 $286,332 $268,523 $-25,945
2020 $356,564 $390,037 $309,328 $-33,473
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