LONESTAR REGION PORSCHE CLUB OF AMERICA INC

EIN: 746091005

HOUSTON, TX

Total Revenue
$210,026
Total Expenses
$231,624
Total Assets
$402,334
Net Assets
$400,459
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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
1969
Legal Domicile
TX
Principal Officer
HECTOR MARTINEZ
Phone
8087843752
Tax Period
2023-01-01 to 2023-12-31

LONESTAR REGION PORSCHE CLUB OF AMERICA INC, founded in 1969, is a small nonprofit that reported $210K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $232K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROMOTE THE EXCHANGE OF TECHNICAL INFORMATION, PROMOTE DRIVERS EDUCATION AMONG PORSCHE OWNERS AND RAISE MONEY FOR CHARITY

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $30,246
Program Service Revenue $169,426
Investment Income $377
Other Revenue $9,977
TOTAL REVENUE $210,026

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200,875
Other Expenses $231,624
TOTAL EXPENSES $231,624

Year-over-Year Comparison

2023 2022 Change
Revenue $210,026 $223,800 -0.1%
Expenses $231,624 $196,489 +0.2%
Net Income $-21,598 $27,311 -1.8%
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

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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
21

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
5
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY CAO DRIVER EDUCATION CHAIR 0.00
Director
$0 $0 $0
DOUG CARROLL IMMEDIATE PAST PRESIDENT 0.00
Director
$0 $0 $0
VIK DAY NEWSLETTER EDITOR 0.00
Director
$0 $0 $0
PAT SCHIELE CAR CONTROL SCHOOL CHAIR 0.00
Director
$0 $0 $0
SHANE DOSSER AUTOCROSS CHAIR 0.00
Director
$0 $0 $0
ZERIN DUBE COMMUNICATIONS/WEBMASTER 0.00
Director
$0 $0 $0
PAM FITZGERALD SOCIAL CHAIR 0.00
Director
$0 $0 $0
DANNY GREEN GTG CHAIR 0.00
Director
$0 $0 $0
CARLOS GUEVARA CLUB RACE CHAIR 0.00
Director
$0 $0 $0
MANEESH KUMAR CHARITY CHAIR 0.00
Director
$0 $0 $0
SEAN LLOYD SAFETY CHAIR 0.00
Director
$0 $0 $0
BILL LYONS CHIEF DRIVING INSTRUCTOR 0.00
Director
$0 $0 $0
JAKE MCCONNELL MEMBERSHIP CHAIR 0.00
Director
$0 $0 $0
REYNALDO PAGAN DRIVER EDUCATION REGISTRAR 0.00
Director
$0 $0 $0
DEREK PAGAN CONCOURS CHAIR 0.00
Director
$0 $0 $0
ERIC SMITH TOUR CHAIR 0.00
Director
$0 $0 $0
HECTOR MARTINEZ PRESIDENT 5.00
Officer
$0 $0 $0
STAN TRIPP VICE PRESIDENT 5.00
Officer
$0 $0 $0
WALT DOYLE MEMBER-AT-LARGE 5.00
Officer
$0 $0 $0
MIKE SERGI TREASURER 5.00
Officer
$0 $0 $0
DAVE BAXTER SECRETARY 5.00
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 No data No data No data No data
2023 $210,026 $231,624 $402,334 $-21,598
2022 $223,800 $196,489 $423,464 $27,311
2021 $234,092 $279,196 $394,553 $-45,104
2020 $161,416 $188,636 $439,657 $-27,220
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