TEXAS WATCH (EIN 742881401) - 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

1998

Legal Domicile

Principal Officer

WARE WENDELL

Phone

5123811111

Tax Period

2024-01-01 to 2024-12-31

TEXAS WATCH, founded in 1998, is a small nonprofit in the Public & Societal Benefit sector that reported $501K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

NON-PARTISAN CITIZEN ADVOCACY DEDICATED TO ENSURING INSURANCE COMPANIES AND OTHER CORPORATIONS ARE ACCOUNTABLE TO THEIR CUSTOMERS.

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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 $361,979

Program Service Revenue $0

Investment Income $519

Other Revenue $138,429

TOTAL REVENUE $500,927

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $62,189

Program Expenses $352,412

Other Expenses $518,252

TOTAL EXPENSES $518,252

Year-over-Year Comparison

	2024	2023	Change
Revenue	$500,927	$528,857	-0.1%
Expenses	$518,252	$586,052	-0.1%
Net Income	$-17,325	$-57,195	-0.7%

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

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

$191,718

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WARE WENDELL	EXECUTIVE DIRECTOR	40.00	Director	$0	$32,038	$191,718
SANDRA HAVERLAH	PRESIDENT	0.20	Officer Director	$0	$0	$0
WILLIE CHAPMAN	VICE PRESIDENT	0.20	Officer Director	$0	$0	$0
NELSON ALEX WINSLOW	SECRETARY	0.20	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
2024	$500,927	$518,252	$321,977	$-17,325
2023	$528,857	$586,052	$342,281	$-57,195
2022	$482,134	$494,239	$394,143	$-12,105
2021	$488,720	$478,610	$399,920	$10,110
2020	$398,929	$396,637	$389,140	$2,292
2019	$466,354	$417,400	$383,474	$48,954
2018	$381,367	$397,891	$334,520	$-16,524

TEXAS WATCH