TEXAS SAFETY FOUNDATION INC (EIN 746071467) - 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

1966

Legal Domicile

Principal Officer

RON SOKOL

Phone

8327226559

Tax Period

2024-07-01 to 2025-06-30

TEXAS SAFETY FOUNDATION INC, founded in 1966, is a micro nonprofit that reported $23K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $37K exceeded revenue, resulting in a 61% operating deficit.

Mission

TO PROVIDE FINANCIAL ASSISTANCE AND RESOURCES TO STUDENTS OF TEXAS SEEKING UNDERGRADUATE AND GRADUATE DEGREES IN SAFETY AND HEALTH FROM ACCREDITED COLLEGES AND UNIVERSITY PROGRAMS.

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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 $500

Program Service Revenue $0

Investment Income $22,683

Other Revenue $0

TOTAL REVENUE $23,183

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $0

Fundraising Expenses $1,000

Program Expenses $5,500

Other Expenses $31,896

TOTAL EXPENSES $37,396

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,183	$30,282	-0.2%
Expenses	$37,396	$33,728	+0.1%
Net Income	$-14,213	$-3,446	+3.1%

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
RON SOKOL	CHAIRMAN	2.00	Officer Director	$0	$0	$0
BURK SHAW	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
BETTY LAWSON	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
EDDIE GREER	PAST CHAIRMA	1.00	Director	$0	$0	$0
RICHARD BASS	DIRECTOR	1.00	Director	$0	$0	$0
HANEY ROBERTSON	DIRECTOR	1.00	Director	$0	$0	$0
RAD MANNING	DIRECTOR	1.00	Director	$0	$0	$0
WILLIE WELLS	DIRECTOR	1.00	Director	$0	$0	$0
LUIS AGUILAR	DIRECTOR	1.00	Director	$0	$0	$0
ROB HUNT	DIRECTOR	1.00	Director	$0	$0	$0
STEVE HALLIBURTON	DIRECTOR	1.00	Director	$0	$0	$0
JIM RAINWATER	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW HERRON	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	$23,183	$37,396	$532,259	$-14,213
2024	$30,282	$33,728	$514,868	$-3,446
2023	$13,582	$24,175	$473,290	$-10,593
2022	$47,629	$11,755	$469,210	$35,874
2021	$39,939	$12,757	$509,584	$27,182

TEXAS SAFETY FOUNDATION INC