TEXAS ASSOCIATION OF COMMUNITY DEVELOPMENT CORP (EIN 742789235) - 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

1995

Legal Domicile

Phone

5129160508

Tax Period

2024-01-01 to 2024-12-31

TEXAS ASSOCIATION OF COMMUNITY DEVELOPMENT CORP, founded in 1995, is a small nonprofit in the Unknown sector that reported $827K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $723K left a modest 13% surplus.

Mission

TACDC IMPROVES THE QUALITY OF LIFE OF LOW AND MODERATE INCOME TEXANS BY STRENGTHENING THE CAPACITY OF COMMUNITY DEVELOPMENT ORGANIZATIONS AS WELL AS GENERATING RESOURCES AND RELATIONSHIPS THAT ENHANCE AND SUSTAIN THE COMMUNITY DEVELOPMENT INDUSTRY IN TEXAS.

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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 $478,813

Program Service Revenue $337,580

Investment Income $0

Other Revenue $10,800

TOTAL REVENUE $827,193

Expense Breakdown

Grants Paid $0

Salaries & Benefits $424,279

Fundraising Expenses $13,637

Program Expenses $645,526

Other Expenses $298,369

TOTAL EXPENSES $722,648

Year-over-Year Comparison

	2024	2023	Change
Revenue	$827,193	$675,404	+0.2%
Expenses	$722,648	$763,065	-0.1%
Net Income	$104,545	$-87,661	-2.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE NGUYEN	DIRECTOR	2.00	Officer Director	$0	$0	$0
FERNANDO GODINEZ	PRESIDENT	2.00	Officer Director	$0	$0	$0
DONNA GLASS	DIRECTOR	2.00	Director	$0	$0	$0
TAMARA FOSTER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MANNASER MARSHALL	DIRECTOR	2.00	Director	$0	$0	$0
MYRA MARTINEZ	SECRETARY	2.00	Officer Director	$0	$0	$0
VIVIAN BALLOU	DIRECTOR	2.00	Director	$0	$0	$0
BENNY RODRIQUEZ	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH ALONZO VILLAREAL	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES PRICE	DIRECTOR	2.00	Director	$0	$0	$0
JACQUE HAAS WOODRING	DIRECTOR	2.00	Director	$0	$0	$0
STEPHANIE HAMBY	DIRECTOR	1.00	Director	$0	$0	$0
BILL SCHLESINGER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES ARMSTRONG III	TREASURER	1.00	Officer Director	$0	$0	$0
RACHEL STONE	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN M HULL	EXECUTIVE DIRECTOR	0.00	Key Emp	$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	$827,193	$722,648	$828,064	$104,545
2023	$675,404	$763,065	$739,309	$-87,661
2022	$550,299	$612,790	$810,147	$-62,491
2021	$619,034	$615,675	$873,507	$3,359
2020	$558,914	$670,330	$871,940	$-111,416
2019	$1,188,162	$499,671	$1,003,656	$688,491
2018	$502,978	$342,618	$322,487	$160,360

TEXAS ASSOCIATION OF COMMUNITY DEVELOPMENT CORP