TEXAS SILVER HAIRED LEGISLATURE FOU (EIN 742419398) - 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

1985

Legal Domicile

Principal Officer

RON WOOD

Phone

2146793272

Tax Period

2024-01-01 to 2024-12-31

TEXAS SILVER HAIRED LEGISLATURE FOU, founded in 1985, is a micro nonprofit that reported $46K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $67K exceeded revenue, resulting in a 47% operating deficit.

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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 $14,769

Program Service Revenue $0

Investment Income $31,284

Other Revenue $0

TOTAL REVENUE $46,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,722

Other Expenses $67,477

TOTAL EXPENSES $67,477

Year-over-Year Comparison

	2024	2023	Change
Revenue	$46,053	$35,350	+0.3%
Expenses	$67,477	$42,822	+0.6%
Net Income	$-21,424	$-7,472	+1.9%

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
SHERRY HUBBARD	PRESIDENT	Officer	$0	$0	$0
EDWARD RODGERS	VICE PRESIDENT	Officer	$0	$0	$0
LINDA TIMMERMAN	SECRETARY	Officer	$0	$0	$0
RON WOOD	TREASURER	Officer	$0	$0	$0
BRUCE BOWER	DIRECTOR	Officer	$0	$0	$0
GARY GERSTENHABER	DIRECTOR	Officer	$0	$0	$0
WALTER GRAHAM	DIRECTOR	Officer	$0	$0	$0
PAT GLEASON-WYNN	DIRECTOR	Officer	$0	$0	$0
LAURE MCLAUGHLIN	DIRECTOR	Officer	$0	$0	$0
WAYNE MERRILL	DIRECTOR	Officer	$0	$0	$0
PAT PORTER	DIRECTOR	Officer	$0	$0	$0
DAN ROBERTS	DIRECTOR	Officer	$0	$0	$0
CHARLES SCOMA	DIRECTOR	Officer	$0	$0	$0
MIKE TAYLOR	DIRECTOR	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
2024	$46,053	$67,477	$541,643	$-21,424
2023	$35,350	$42,822	$539,846	$-7,472
2022	$46,212	$28,843	$492,950	$17,369
2021	$64,714	$63,635	$604,578	$1,079
2020	$103,681	$19,239	$600,234	$84,442
2019	$88,093	$98,651	$510,557	$-10,558

TEXAS SILVER HAIRED LEGISLATURE FOU