West Texas Geology Foundation (EIN 752193240) - 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

1987

Legal Domicile

Phone

4326831573

Tax Period

2024-01-01 to 2024-12-31

West Texas Geology Foundation, founded in 1987, is a micro nonprofit that reported $94K in total revenue in fiscal year 2024. The organization ran a surplus of $18K, a strong 19% operating margin.

Mission

The West Texas Geology Foundation conducts educational, charitable, and scientific activities related to or allied with the field of geology in the West Texas region and adjacent areas.

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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 $76,483

Program Service Revenue $0

Investment Income $17,670

Other Revenue $0

TOTAL REVENUE $94,153

Expense Breakdown

Grants Paid $52,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,000

Other Expenses $24,557

TOTAL EXPENSES $76,557

Year-over-Year Comparison

	2024	2023	Change
Revenue	$94,153	$98,909	0.0%
Expenses	$76,557	$72,885	+0.1%
Net Income	$17,596	$26,024	-0.3%

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
Mike Oestmann	Director	0.50	Director	$0	$0	$0
David Grace	Director	0.50	Director	$0	$0	$0
Joe Rhone	Director	0.50	Director	$0	$0	$0
Jeff Bryden	Director	0.50	Director	$0	$0	$0
Sergio Ojeda	Director	0.50	Director	$0	$0	$0
Dave Cannon	Director	0.50	Director	$0	$0	$0
Shellie Crossland	Director	0.50	Director	$0	$0	$0
Drew Bergman	Secretary	2.00	Officer	$0	$0	$0
Pat Welch	Chairman	2.00	Officer	$0	$0	$0
Eric Cummins	Vice Chairman	2.00	Officer	$0	$0	$0
Pete Schrenkel	Treasurer	2.00	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	$94,153	$76,557	$1,652,008	$17,596
2023	$98,909	$72,885	$1,289,502	$26,024
2022	$81,449	$78,399	$1,157,647	$3,050
2021	$41,005	$41,117	$1,631,626	$-112
2020	$86,652	$45,358	$1,409,057	$41,294
2019	$179,969	$54,328	$1,258,630	$125,641
2018	$190,928	$70,381	$948,654	$120,547

West Texas Geology Foundation