TEXAS RESTAURANT ASSOCIATION EDUCATION FOUNDATION INC (EIN 742732907) - 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

1994

Legal Domicile

Principal Officer

EMILY WILLIAMS KNIGHT

Phone

5124574100

Tax Period

2024-01-01 to 2024-12-31

TEXAS RESTAURANT ASSOCIATION EDUCATION FOUNDATION INC, founded in 1994, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $958K left a modest 9% surplus.

Mission

TO SERVE AS A PHILANTHROPIC FOUNDATION OF THE TEXAS RESTAURANT ASSOCIATION TO ENHANCE THE RESTAURANT AND FOODSERVICE INDUSTRY'S SERVICE TO THE PUBLIC THROUGH EDUCATION, COMMUNITY ENGAGEMENT AND PROMOTION OF CAREER OPPORTUNITIES.

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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 $788,330

Program Service Revenue $122,819

Investment Income $82,905

Other Revenue $53,896

TOTAL REVENUE $1,047,950

Expense Breakdown

Grants Paid $157,448

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $756,248

Other Expenses $800,645

TOTAL EXPENSES $958,093

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,047,950	$864,103	+0.2%
Expenses	$958,093	$956,788	+0.0%
Net Income	$89,857	$-92,685	-2.0%

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

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
RUSSELL WOODWARD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAVID COLE	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
MELISSA DOOLIN-KOEHNE	TREASURER	1.00	Officer Director	$0	$0	$0
ASHLEY ROSENFELD	IMMEDIATE PAST CHAIR	1.00	Director	$0	$0	$0
CHRIS ASLAM	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS BERRY	DIRECTOR	1.00	Director	$0	$0	$0
TONY BIRSINGER	DIRECTOR	1.00	Director	$0	$0	$0
ROSE BROUSSARD	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEE CHANCE	DIRECTOR	1.00	Director	$0	$0	$0
LUPITA CORBEIL	DIRECTOR	1.00	Director	$0	$0	$0
CASEY COVINGTON	DIRECTOR	1.00	Director	$0	$0	$0
ERIK DICKISON	DIRECTOR	1.00	Director	$0	$0	$0
EMILY DURHAM	DIRECTOR	1.00	Director	$0	$0	$0
TOM FOLEY	DIRECTOR	1.00	Director	$0	$0	$0
DAN GARRISON	DIRECTOR	1.00	Director	$0	$0	$0
KIRK GREENWOOD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GRUBE	DIRECTOR	1.00	Director	$0	$0	$0
EDGAR GUEVARA	DIRECTOR	1.00	Director	$0	$0	$0
BRIER HANSON	DIRECTOR	1.00	Director	$0	$0	$0
LORENA LEGARRETA	DIRECTOR	1.00	Director	$0	$0	$0
MARCUS MCMELLON	DIRECTOR	1.00	Director	$0	$0	$0
VANESSA MILLER	DIRECTOR	1.00	Director	$0	$0	$0
SKEETER MILLER	DIRECTOR	1.00	Director	$0	$0	$0
FERNANDO PEREZ	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS RAINEY	DIRECTOR	1.00	Director	$0	$0	$0
HARLAN SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS SNYDER	DIRECTOR	1.00	Director	$0	$0	$0
ALICIA VOLTMER	DIRECTOR	1.00	Director	$0	$0	$0
ELLIS WINSTANLEY	DIRECTOR	1.00	Director	$0	$0	$0
APRIL ZAMORA	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH FAUERSO	DIRECTOR (THRU SEPT 2024)	1.00	Director	$0	$0	$0
EMILY WILLIAMS KNIGHT	PRESIDENT & CEO	10.00	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	$1,047,950	$958,093	$2,408,508	$89,857
2023	$864,103	$956,788	$2,245,435	$-92,685
2023	$653,731	$731,485	$2,302,028	$-77,754
2022	$901,069	$738,576	$2,074,065	$162,493
2021	$1,999,761	$1,526,917	$1,949,524	$472,844
2020	$2,997,179	$2,360,535	$1,450,924	$636,644
2019	$529,666	$685,236	$622,289	$-155,570
2019	$569,432	$838,850	$622,289	$-269,418
2018	$616,594	$760,218	$673,911	$-143,624

TEXAS RESTAURANT ASSOCIATION EDUCATION FOUNDATION INC