TEXAS REGION SCCA INC

EIN: 751182956

SOUTHLAKE, TX

Total Revenue
$492,135
Total Expenses
$494,742
Total Assets
$136,717
Net Assets
$133,184
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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
1955
Legal Domicile
TX
Principal Officer
MATT LUCAS
Phone
8174103700
Tax Period
2024-01-01 to 2024-12-31

TEXAS REGION SCCA INC, founded in 1955, is a small nonprofit that reported $492K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

ORGANIZE AMATEUR MOTORSPORTS EVENTS, UNDER THE SANCTION OF THE SPORTS CAR CLUB OF AMERICA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $24,356
Program Service Revenue $467,779
Investment Income $0
Other Revenue $0
TOTAL REVENUE $492,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $488,709
Other Expenses $494,742
TOTAL EXPENSES $494,742

Year-over-Year Comparison

2024 2023 Change
Revenue $492,135 $377,353 +0.3%
Expenses $494,742 $424,912 +0.2%
Net Income $-2,607 $-47,559 -0.9%
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
7
Independent Members
7
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
6 DIRECTORS ELECTED ANNUALLY DIRECTOR N/A
Director
$0 $0 $0
SHERRIE LEDBETTER TREASURER N/A
Officer
$0 $0 $0
MATT LUCAS R.E. (CEO) N/A
Officer
$0 $0 $0
MISTY WISELEY OFFICER N/A
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 $492,135 $494,742 $136,717 $-2,607
2023 $377,353 $424,912 $139,324 $-47,559
2022 $341,733 $341,078 $186,729 $655
2021 $287,101 $272,650 $186,074 $14,451
2020 $195,846 $219,250 $171,623 $-23,404
2019 $283,040 $295,191 $197,140 $-12,151
2018 $229,721 $207,672 $204,486 $22,049
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