BONHAM INDUSTRIAL FOUNDATION INC

EIN: 751487246

BONHAM, TX

Total Revenue
$27,410
Total Expenses
$19,975
Total Assets
$625,362
Net Assets
$625,362
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
TX
Phone
9036406053
Tax Period
2024-07-01 to 2025-06-30

BONHAM INDUSTRIAL FOUNDATION INC, founded in 1955, is a micro nonprofit that reported $27K in total revenue in fiscal year 2024. The organization ran a surplus of $7K, a strong 27% operating margin.

Mission

BRINGING INDUSTRY TO THE BONHAM AREA.

Program Service Accomplishments

Program 1

ATTRACTING AND RETAINING INDUSTRY IN THE CITY OF BONHAM. THIS IS ACCOMPLISHED BY THE SELLING AND LEASING OF COMMERCIAL BUILDINGS AT FAVORABLE RATES.

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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 $0
Program Service Revenue $0
Investment Income $3,110
Other Revenue $24,300
TOTAL REVENUE $27,410

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,500
Fundraising Expenses $0
Other Expenses $3,475
TOTAL EXPENSES $19,975

Year-over-Year Comparison

2024 2023 Change
Revenue $27,410 $27,450 0.0%
Expenses $19,975 $24,330 -0.2%
Net Income $7,435 $3,120 +1.4%
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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Governance

Voting Members
12
Independent Members
12
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
$16,500
Total Directors
12
$16,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROY FLOYD Executive Direc 15.00
Officer Director
$16,500 $0 $16,500
BOB MCCRAW Director 0.00
Director
$0 $0 $0
MATT SIMPSON Director 0.00
Director
$0 $0 $0
SPANKY CARTER President 0.00
Officer Director
$0 $0 $0
TOM TURNER Director 0.00
Director
$0 $0 $0
BILL WILSON Director 0.00
Director
$0 $0 $0
ALLEN SANDERSON Treasurer 0.00
Officer Director
$0 $0 $0
CHRIS JOHNSON Director 0.00
Director
$0 $0 $0
TODD THOMPSON Director 0.00
Director
$0 $0 $0
JASON ROYCE Secretary 0.00
Director
$0 $0 $0
WARREN JAMIESON Director 0.00
Director
$0 $0 $0
SEAN PATE Director 0.00
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 $27,410 $19,975 $625,362 $7,435
2024 $27,450 $24,330 $617,927 $3,120
2023 $24,456 $22,239 $614,807 $2,217
2022 $17,371 $26,028 $612,590 $-8,657
2021 $12,600 $29,137 $621,247 $-16,537
2020 $23,026 $22,930 $637,784 $96
2019 $17,954 $39,968 $637,688 $-22,014
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