TG 105 INC

EIN: 742699477 501(c)(3) Housing & Shelter

SAN ANTONIO, TX

Total Revenue
$92,614
Total Expenses
$34,229
Total Assets
$1,512,825
Net Assets
$1,309,158
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
TX
Principal Officer
JACLYN S WOODRING
Phone
2108214300
Tax Period
2023-01-01 to 2023-12-31

TG 105 INC, founded in 1994, is a micro nonprofit in the Housing & Shelter sector that reported $93K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $58K, a strong 63% operating margin.

Mission

THE STATE OF TEXAS IN THE TEXAS BINGO ENABLING ACT REQUIRES THAT BEFORE THE END OF A QUARTER, A LICENSED AUTHORIZED ORGANIZATION SHALL DISBURSE ALL OF THE ORGANIZATION NET PROCEEDS FROM THE PRECEDING QUARTER, OTHER THAN AMOUNTS THAT ARE ALLOWED TO BE RETAINED.

Program Service Accomplishments

Program 1
Expenses: $27,635 Revenue: $100,065

THE ORGANIZATION, THROUGH ITS OVERSIGHT OF THE LPS, MAINTAINED PROPERTY OPERATIONS IN COMPLIANCE WITH THE REGULATIONS OF HUD AND THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (TDHCA). THE...

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THE ORGANIZATION, THROUGH ITS OVERSIGHT OF THE LPS, MAINTAINED PROPERTY OPERATIONS IN COMPLIANCE WITH THE REGULATIONS OF HUD AND THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (TDHCA). THE ORGANIZATION THROUGH THE LPS HAD PREVIOUSLY RECEIVED FUNDING FOR PROPERTIES ACQUISITION AND REHABILITATION FROM THE TDHCA AS PART OF TAX CREDIT PROGRAMS.THE FOLLOWING TAX EXEMPTIONS CONTINUED TO BE RECEIVED:INTERNAL REVENUE SERVICE 501 (C)(3) INCOME TAX EXEMPTION. CAMERON COUNTY, TEXAS, APPRAISAL DISTRICT 100% PROPERTY TAX EXEMPTION. HIDALGO COUNTY, TEXAS, APPRAISAL DISTRICT 50%, PROPERTY TAX EXEMPTION.STATE OF TEXAS FRANCHISE TAX EXEMPTION. STATE OF TEXAS SALES TAX EXEMPTION.THE ORGANIZATION THROUGH ITS OVERSIGHT OF THE CUNNINGHAM MANOR APARTMENTS, CONTINUED TO OPERATE AN ON-SITE COMMUNITY LEARNING CENTER AT WHICH THE ORGANIZATION PROVIDED PROGRAMS, ACTIVITIES, AND SERVICES FOR THE YOUTH AND ADULT RESIDENTS. PROGRAMS, ACTIVITIES, AND SERVICES INCLUDED:ON-LINE COMPUTER ACCESS AND TRAINING, ADULT LEARNING OPPORTUNITIES, YOUTH ACTIVITIES, NATIONAL NIGHT OUT, AND HOLIDAY CELEBRATIONS.

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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 $2,000
Program Service Revenue $100,065
Investment Income $0
Other Revenue $-9,451
TOTAL REVENUE $92,614

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,635
Other Expenses $32,229
TOTAL EXPENSES $34,229

Year-over-Year Comparison

2023 2022 Change
Revenue $92,614 $111,596 -0.2%
Expenses $34,229 $27,269 +0.3%
Net Income $58,385 $84,327 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
4

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
4
$522,795
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE ALFORD CHAIR 0.10
Officer Director
$0 $0 $0
LUIS ZUNIGA SECRETARY/TREASURER (OUTGOING) 0.10
Officer Director
$0 $0 $0
RAFAEL CERVANTES DIRECTOR 0.10
Director
$0 $0 $0
YOLANDA GARCIA DIRECTOR 0.10
Director
$0 $0 $0
JACLYN S WOODRING EXECUTIVE DIRECTOR 0.10
Officer
$0 $20,876 $317,976
JAMES BUTCHER MANAGEMENT AGENT CFO 0.10
Officer
$0 $6,729 $204,819
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 $92,614 $34,229 $1,512,825 $58,385
2022 $111,596 $27,269 $1,294,663 $84,327
2021 $19,982 $11,577 $886,003 $8,405
2021 $56,390 $24,328 $863,306 $32,062
2020 $49,691 $23,598 $805,576 $26,093
2019 $60,353 $25,015 $746,579 $35,338
2018 $54,013 $35,534 $689,313 $18,479
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