Inez Community Benefit Association

EIN: 742188542 501(c)(3) Education

Inez, TX

Total Revenue
$149,193
Total Expenses
$141,239
Total Assets
$595,207
Net Assets
$506,436
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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
1950
Legal Domicile
TX
Tax Period
2023-01-01 to 2023-12-31

Inez Community Benefit Association, founded in 1950, is a small nonprofit in the Education sector that reported $149K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $141K left a modest 5% surplus.

Mission

To provide support for individuals and families in the Inez, Texas community who are in need of assistance, to maintain and operate the Inez Community Center building and property and to provide scholarships to Inez community college students.

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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 $38,054
Program Service Revenue $56,915
Investment Income $0
Other Revenue $54,224
TOTAL REVENUE $149,193

Expense Breakdown

Grants Paid $6,500
Salaries & Benefits $13,773
Fundraising Expenses $0
Program Expenses $114,174
Other Expenses $120,966
TOTAL EXPENSES $141,239

Year-over-Year Comparison

2023 2022 Change
Revenue $149,193 $161,574 -0.1%
Expenses $141,239 $122,704 +0.2%
Net Income $7,954 $38,870 -0.8%
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
13
Independent Members
13
Employees
4
Volunteers
13

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
4
$0
Total Directors
13
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeremy Hammack Director 1.00
Director
$0 $0 $0
Trent Koenig Director 1.00
Director
$0 $0 $0
Samantha Alebis Director 1.00
Director
$0 $0 $0
Cheryl Vitek Director 1.00
Director
$0 $0 $0
Lynda Mikulec Director 1.00
Director
$0 $0 $0
Ricky Pfuhl Director 1.00
Director
$0 $0 $0
Floyd Franz Director 1.00
Director
$0 $0 $0
James Baker Director 1.00
Director
$0 $0 $0
Jim Tobola Director 1.00
Director
$0 $0 $0
Larry Mikulec Vice President 2.00
Officer Director
$0 $0 $0
Shelly VanPelt Secretary 2.00
Officer Director
$0 $0 $0
Grant Heller President 2.00
Officer Director
$0 $0 $0
Clay VanPelt Treasurer 2.00
Officer Director
$0 $0 $0
Chantal B Riehs Key employee 10.00
Key Emp
$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 $149,193 $141,239 $595,207 $7,954
2022 $161,574 $122,704 $609,880 $38,870
2021 $101,431 $119,157 $600,550 $-17,726
2020 $100,679 $112,777 $634,342 $-12,098
2019 $157,823 $119,445 $673,895 $38,378
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