CORPUS CHRISTI CHAPTER OF THE AMERICAN PETROLEUM INSTITUTE (EIN 742412196) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

DAVE BAILEY

Phone

3615104512

Tax Period

2023-01-01 to 2023-12-31

CORPUS CHRISTI CHAPTER OF THE AMERICAN PETROLEUM INSTITUTE, founded in 1990, is a micro nonprofit in the Community Improvement sector that reported $49K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $58K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE PRIMARY PURPOSE OF OUR ORGANIZATION IS TO RAISE FUNDS TO AWARD COLLEGE SCHOLARSHIPS TO DESERVING STUDENTS. THIS IS ACCOMPLISHED THROUGH HOSTING SEVERAL FUND RAISING EVENTS THROUGHOUT THE YEAR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,691

Program Service Revenue $0

Investment Income $29

Other Revenue $43,240

TOTAL REVENUE $48,960

Expense Breakdown

Grants Paid $33,750

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $24,618

TOTAL EXPENSES $58,368

Year-over-Year Comparison

	2023	2022	Change
Revenue	$48,960	$71,932	-0.3%
Expenses	$58,368	$69,395	-0.2%
Net Income	$-9,408	$2,537	-4.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE GALLAGHER	EXECUTIVE CO	N/A	Officer Director	$0	$0	$0
DAVE BAILEY	PRESIDENT	N/A		$0	$0	$0
CHARLES BARBER	3RD CHAIRMAN	N/A		$0	$0	$0
TITUS CLIFTON	TREASURER	N/A		$0	$0	$0
CHRISTINA ROMERO	SECRETARY	N/A		$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	$48,960	$58,368	$72,732	$-9,408

CORPUS CHRISTI CHAPTER OF THE AMERICAN PETROLEUM INSTITUTE