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)

4 risk indicators measuring financial stability and operational resilience

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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 TGA. Inc.serves as an educational organization to inform notify and ensure that the membership is fully aware of rules regulations and the need for compliance to those rules and regulations and the times dates and forms needed to meet the compliance of those rules

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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

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
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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