PLAIN MAJESTIC PROPERTIES INC

EIN: 752236928

DALLAS, TX

Total Revenue
$2,626
Total Expenses
$969
Total Assets
$1,192,442
Net Assets
$1,192,442
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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
1988
Legal Domicile
TX
Principal Officer
AMY L FIKES
Phone
2142201011
Tax Period
2022-01-01 to 2022-12-31

PLAIN MAJESTIC PROPERTIES INC, founded in 1988, is a micro nonprofit that reported $3K in total revenue in fiscal year 2022. Revenue fell 99% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2K, a strong 63% operating margin.

Mission

HOLD TITLE TO REAL ESTATE FINANCING ACTIVITIES, COLLECT CASH FROM ACTIVITIES AND REMIT THE CASH TO THE LELAND FIKES FOUNDATION.

Program Service Accomplishments

Program 1

HELD TITLE TO REAL ESTATE FINANCING ACTIVITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $2,626
TOTAL REVENUE $2,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $969
TOTAL EXPENSES $969

Year-over-Year Comparison

2022 2021 Change
Revenue $2,626 $394,679 -1.0%
Expenses $969 $5,852 -0.8%
Net Income $1,657 $388,827 -1.0%
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
5
Independent Members
2
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
5
$1,567,987
Total Directors
5
$1,567,987
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY F RADFORD DIRECTOR/ASST. SECR. 0.50
Officer Director
$679,678 $7,659 $687,337
AMY L FIKES DIRECTOR 0.00
Director
$0 $0 $0
LEE FIKES DIRECTOR 0.00
Director
$0 $0 $0
MATTHEW JOHNSON DIRECTOR/ASST. SECR. 0.50
Officer Director
$343,000 $25,848 $368,848
BRENDAN J FIKES DIRECTOR/VICE PRES 1.00
Officer Director
$475,000 $36,802 $511,802
JOE M GRAHAM PRES. & TREAS. 0.00
Officer
$0 $0 $0
DEAN CASTELHANO V.P. & SECR. 0.00
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
2022 $2,626 $969 $1,192,442 $1,657
2021 $394,679 $5,852 $1,190,784 $388,827
2020 $38,398 $6,729 $801,957 $31,669
2019 $488,844 $1,940 $805,289 $486,904
2018 $5,325 $1,160 $2,403,385 $4,165
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