TEXAS TOPHATS INCORPORATED (EIN 742833366) - 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

1996

Legal Domicile

Principal Officer

WILLIAM L WYATT

Phone

8322161320

Tax Period

2022-11-01 to 2023-10-31

TEXAS TOPHATS INCORPORATED, founded in 1996, is a micro nonprofit that reported $21K in total revenue in fiscal year 2022. Revenue surged 76593% from the prior year, signaling strong growth momentum. Expenses of $250K exceeded revenue, resulting in a 1109% operating deficit.

Mission

PROMOTE PROJECTS OF GRAND & GENERAL GRAND CHAPTER. OES

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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 (2022)

Revenue Breakdown

Contributions & Grants $20,687

Program Service Revenue $0

Investment Income $20

Other Revenue $0

TOTAL REVENUE $20,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $250,449

TOTAL EXPENSES $250,449

Year-over-Year Comparison

	2022	2021	Change
Revenue	$20,707	$27	+765.9%
Expenses	$250,449	$5,187	+47.3%
Net Income	$-229,742	$-5,160	+43.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

409

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
WILLIAM L WYATT	PRESIDENT	5.00	Officer	$0	$0	$0
JERRY MARTIN	VICE PRESIDENT	1.00	Officer	$0	$0	$0
RAYMOND E HARGIS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
Vi Griffin	SECRETARY	1.00	Officer	$0	$0	$0
MARY R KUBRICHT-WHITE	TREASURER	15.00	Officer	$0	$0	$0
HERBERT GARON	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
2023	$20,707	$250,449	No data	$-229,742
2022	$27	$5,187	$229,742	$-5,160
2021	$31	$4,717	$234,902	$-4,686
2020	$2,682	$10,131	$239,588	$-7,449

TEXAS TOPHATS INCORPORATED