CONSUMER FUND OF TEXAS INC

EIN: 742701735 501(c)(3) Community Improvement

Austin, TX

Total Revenue
$457,882
Total Expenses
$351,215
Total Assets
$408,100
Net Assets
$408,100
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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
1994
Legal Domicile
TX
Principal Officer
Sandra Haverlah
Phone
5124230913
Tax Period
2023-01-01 to 2023-12-31

CONSUMER FUND OF TEXAS INC, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $458K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 23% operating margin.

Mission

Providing research and education on pocketbook issues affecting consumers.

Program Service Accomplishments

Program 1
Expenses: $241,200 Revenue: $195,000

Research of ERCOT grid failures and costs to Texans as a result of Winter Storm Uri. Program beginning in December of 2022 and will continue in 2023.

Program 2
Expenses: $110,000 Revenue: $110,000

Research market incentives for generation in ERCOT and effects of proposed changes on costs to consumers.

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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 $457,882
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $457,882

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $351,200
Other Expenses $351,215
TOTAL EXPENSES $351,215

Year-over-Year Comparison

2023 2022 Change
Revenue $457,882 $285,000 +0.6%
Expenses $351,215 $50,000 +6.0%
Net Income $106,667 $235,000 -0.5%
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
3
Independent Members
2
Employees
N/A
Volunteers
3

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
3
$30,000
Total Directors
3
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sandra Haverlah President 10
Officer Director
$30,000 $0 $30,000
James D Marston Vice President 1
Officer Director
$0 $0 $0
Barbara Schlief Secretary/Treasurer 1
Officer 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
2023 $457,882 $351,215 $408,100 $106,667
2022 $285,000 $50,000 $301,433 $235,000
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