THE BEST OF TEXAS ASSOCIATION

EIN: 742633025 501(c)(3) Arts, Culture & Humanities

Hidalgo, TX

Total Revenue
$6,268
Total Expenses
$8,548
Total Assets
$16,856
Net Assets
$16,856
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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
1986
Legal Domicile
TX
Principal Officer
RUTH HINOJOSA
Phone
9568432734
Tax Period
2023-10-01 to 2024-09-30

THE BEST OF TEXAS ASSOCIATION, founded in 1986, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $6K in total revenue in fiscal year 2023. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $9K exceeded revenue, resulting in a 36% operating deficit.

Mission

ANNUALLY THE ORGANIZATION COORDINATES, ORGANIZES, AND EXECUTES AN ANNUAL ACTIVITY DUE TO PROMOTE THE COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,635
Investment Income $0
Other Revenue $-1,367
TOTAL REVENUE $6,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,548
Other Expenses $8,548
TOTAL EXPENSES $8,548

Year-over-Year Comparison

2023 2022 Change
Revenue $6,268 $42,095 -0.9%
Expenses $8,548 $121,248 -0.9%
Net Income $-2,280 $-79,153 -1.0%
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
6
Independent Members
6
Employees
6
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUTH HINOJOSA VOLUNTEER DIRECTOR 001.00
Director
$0 $0 $0
VICTOR RIOS DIRECTOR 001.00
Director
$0 $0 $0
ALMA ALANIS DIRECTOR 001.00
Director
$0 $0 $0
FRED KAZEMI DIRECTOR 001.00
Director
$0 $0 $0
JUAN ZAMBRANO DIRECTOR 001.00
Director
$0 $0 $0
ALEX ZUNIGA 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 $6,268 $8,548 $16,856 $-2,280
2023 $42,095 $121,248 $16,856 $-79,153
2022 $-71,765 $76,837 $19,356 $-148,602
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