Texas Talent Musicans Association (EIN 742212738) - 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

1980

Legal Domicile

Phone

2108548862

Tax Period

2024-07-01 to 2025-06-30

Texas Talent Musicans Association, founded in 1980, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $8K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $56K exceeded revenue, resulting in a 640% operating deficit.

Mission

To promote professional excellence, a better understanding of Tejano Music, and to provide a public forum for songwriters, performers, and musicians in order to recognize their artistic efforts and achievments through our annual Tejano Music Awards and related events.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $7,583

TOTAL REVENUE $7,583

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,058

Other Expenses $56,095

TOTAL EXPENSES $56,095

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,583	$102,027	-0.9%
Expenses	$56,095	$86,350	-0.4%
Net Income	$-48,512	$15,677	-4.1%

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

N/A

Volunteers

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert C Arellano	President	15.00	Officer	$0	$0	$0
Frank H Salazar	Vice-President	15.00	Officer	$0	$0	$0
George M Espinoza	Secretary	5.00	Officer	$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
2025	$7,583	$56,095	$394	$-48,512
2024	No data	No data	No data	No data
2023	$-2,514	$53,170	$9,300	$-55,684
2022	$-87,082	$47,255	$31,865	$-134,337
2021	$-14,463	$30,449	$35,976	$-44,912
2020	$-4,408	$55,229	$21,408	$-59,637

Texas Talent Musicans Association