FOUNDATION OF TX BOWLING CENTERS A… - Form 990 Financial Data

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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

1996

Legal Domicile

Phone

5124679331

Tax Period

2018-01-01 to 2018-12-31

FOUNDATION OF TX BOWLING CENTERS ASSOC, founded in 1996, is a micro nonprofit that reported $72K in total revenue in fiscal year 2018. Revenue decreased 18% compared to the prior year. Expenses of $181K exceeded revenue, resulting in a 153% operating deficit.

Mission

SCHOLARSHIPS, COMBAT JUVENILE DELINQUENCY

Program Service Accomplishments

Program 1

Expenses: $170,011

HOLD BOWLING TOURNAMENTS WITH CORPORATE AND CENTER SPONSORS TO ENABLE THE FOUNDATION TO DISPENSE VARIOUS SCHOLARSHIPS TO THOSE STUDENTS WHO HAVE PARTICIPATED IN THE TOURNAMENTS AND BOWLING LEAGUES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,100

Investment Income $64,419

Other Revenue $0

TOTAL REVENUE $71,519

Expense Breakdown

Grants Paid $165,362

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,011

Other Expenses $15,666

TOTAL EXPENSES $181,028

Year-over-Year Comparison

	2018	2017	Change
Revenue	$71,519	$87,300	-0.2%
Expenses	$181,028	$101,296	+0.8%
Net Income	$-109,509	$-13,996	+6.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MIKE LOGAN	Director	Director	$0	$0	$0
MIKE NELSON	Director	Director	$0	$0	$0
DICKIE POORE	Director	Director	$0	$0	$0
GARY NAGG	Director	Director	$0	$0	$0
KAREN MILLER	EXEC DIRECTOR	Officer	$0	$0	$0
GLEN PIERCE	CHAIRMAN	Officer	$0	$0	$0
LEE BAIRD	Secretary	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
2018	$71,519	$181,028	No data	$-109,509

FOUNDATION OF TX BOWLING CENTERS ASSOC