TEXAS ASSESSMENT ASSOCIATION INC

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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

Principal Officer

KEITH CRUSE

Phone

9405672125

Tax Period

2024-01-01 to 2024-12-31

TEXAS ASSESSMENT ASSOCIATION INC, founded in 1994, is a small nonprofit in the Education sector that reported $391K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $366K left a modest 6% surplus.

Mission

TO PROVIDE ASSESSMENT PROFESSIONAL DEVELOPMENT AND MOST RECENT UPDATES ANNUALLY TO ASSESSMENT PROFESSIONALS.

Program Service Accomplishments

Program 1

Expenses: $365,690 Revenue: $390,975

TEXAS ASSESSMENT ASSOCIATION, INC. (TAA) CONDUCTS AN ANNUAL CONFERENCE IN TEXAS THAT IS ESPECIALLY DEDICATED TO ASSESSMENT AND TESTING IN EDUCATION IN ORDER TO EDUCATE ATTENDEES ABOUT A BROAD...

TEXAS ASSESSMENT ASSOCIATION, INC. (TAA) CONDUCTS AN ANNUAL CONFERENCE IN TEXAS THAT IS ESPECIALLY DEDICATED TO ASSESSMENT AND TESTING IN EDUCATION IN ORDER TO EDUCATE ATTENDEES ABOUT A BROAD SPECTRUM OF ASSESSMENT TESTING ISSUES.

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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 $0

Program Service Revenue $390,975

Investment Income $0

Other Revenue $0

TOTAL REVENUE $390,975

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $365,690

Other Expenses $365,690

TOTAL EXPENSES $365,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$390,975	$442,696	-0.1%
Expenses	$365,690	$373,675	0.0%
Net Income	$25,285	$69,021	-0.6%

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

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
KEITH CRUSE	PRESIDENT (UNTIL 01/24)	1.00	Officer Director	$0	$0	$0
MARTHA SALMON	TREASURER	1.00	Officer Director	$0	$0	$0
SHANNON KUHRT	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHNNY VESELKA	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY CADDELL	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$390,975	$365,690	$860,007	$25,285
2023	$442,696	$373,675	$834,722	$69,021
2022	$480,525	$448,266	$765,701	$32,259
2021	$371,751	$329,210	$733,442	$42,541
2020	$267,408	$91,702	$690,901	$175,706
2019	$318,198	$300,462	$515,195	$17,736
2018	$338,216	$384,127	$497,459	$-45,911