Texas Pipeline Association

EIN: 742256742

Austin, TX

Total Revenue
$1,367,339
Total Expenses
$1,266,966
Total Assets
$1,480,831
Net Assets
$1,480,831
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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
1983
Legal Domicile
TX
Principal Officer
Thure Cannon
Phone
5124782871
Tax Period
2024-01-01 to 2024-12-31

Texas Pipeline Association, founded in 1983, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 7% surplus.

Mission

Monitoring legislation and regulations, attending hearings on legislation, giving testimony on and/or submitting comments on legislation or proposed regulations affecting the organizations membership.

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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 $1,361,400
Program Service Revenue $0
Investment Income $5,939
Other Revenue $0
TOTAL REVENUE $1,367,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $825,029
Fundraising Expenses $0
Other Expenses $441,937
TOTAL EXPENSES $1,266,966

Year-over-Year Comparison

2024 2023 Change
Revenue $1,367,339 $1,042,711 +0.3%
Expenses $1,266,966 $1,293,076 0.0%
Net Income $100,373 $-250,365 -1.4%
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
36
Independent Members
36
Employees
3
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
8
$351,000
Total Directors
39
$526,000
Key Employees
3
$526,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thure Cannon President 040.00
Officer Director Key Emp Highest
$271,000 $0 $271,000
Jennifer Coffee ONeill Legislative Director General Counsel 040.00
Director Key Emp
$175,000 $0 $175,000
Sheryl Jett Assist to the President 040.00
Officer Director Key Emp
$80,000 $0 $80,000
Carter Duetsch Director 001.00
Director
$0 $0 $0
Vincent DiCosimo Director/Exec Comm 001.00
Officer Director
$0 $0 $0
Travis Cooper Director/Exec Comm 001.00
Officer Director
$0 $0 $0
Larry Bell Chairman/Exec Com 001.00
Director
$0 $0 $0
Bryant Jackson Director/Exec Comm 001.00
Officer Director
$0 $0 $0
Harrison Holmes Director 001.00
Officer Director
$0 $0 $0
Brandon Burch Director 001.00
Director
$0 $0 $0
John Haynes Director 001.00
Director
$0 $0 $0
Lavelle Edmondson Director 001.00
Director
$0 $0 $0
Adam Forman Director 001.00
Director
$0 $0 $0
Shawn Griffiths Director 001.00
Director
$0 $0 $0
Ryan Hansard Director 001.00
Director
$0 $0 $0
Brandon Kennedy Director 001.00
Director
$0 $0 $0
Christopher Maggard Director 001.00
Director
$0 $0 $0
Tim King Director 001.00
Director
$0 $0 $0
Tom King Director 001.00
Director
$0 $0 $0
Jay Langham Director 001.00
Director
$0 $0 $0
Stephen Luskey Director 001.00
Director
$0 $0 $0
Misty McGowen Director 001.00
Director
$0 $0 $0
Shelli Myers Director/Exec Comm 001.00
Director
$0 $0 $0
J William Oswald Director 001.00
Officer Director
$0 $0 $0
James Pinchback Director/ Vice Chair Exec 001.00
Officer Director
$0 $0 $0
James Roberts Director 001.00
Director
$0 $0 $0
Garrett Rychlik Director 001.00
Director
$0 $0 $0
Gabriel Sepulveda Director 001.00
Director
$0 $0 $0
Steven Smith Director 001.00
Director
$0 $0 $0
Jennifer Street Director 001.00
Director
$0 $0 $0
Adam Parker Director 001.00
Director
$0 $0 $0
Mollie Schall Director 001.00
Director
$0 $0 $0
Joe Vance Director 001.00
Director
$0 $0 $0
Guillermo van Maanen Director 001.00
Director
$0 $0 $0
Joe VandenBrand Director 001.00
Director
$0 $0 $0
Keith Wall Director 001.00
Director
$0 $0 $0
Larry Wall Director 001.00
Director
$0 $0 $0
Paul Williams Director 001.00
Director
$0 $0 $0
Jamie Welch DIrector 001.00
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 $1,367,339 $1,266,966 $1,480,831 $100,373
2023 $1,042,711 $1,293,076 $1,380,458 $-250,365
2022 $1,458,727 $1,105,198 $1,630,823 $353,529
2021 $1,228,613 $1,075,346 $1,277,294 $153,267
2020 $1,493,055 $945,350 $1,124,027 $547,705
2019 $1,116,786 $1,226,814 $576,322 $-110,028
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