TEXAS GREYHOUND ASSOCIATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

JOHN DALTON

Phone

2548574377

Tax Period

2025-01-01 to 2025-12-31

TEXAS GREYHOUND ASSOCIATION INC, founded in 1985, is a micro nonprofit that reported $39 in total revenue in fiscal year 2025. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $198K exceeded revenue, resulting in a 507562% operating deficit.

Mission

TO PROMOTE THE TEXAS GREYHOUND INDUSTRY

Program Service Accomplishments

Program 1

THE ASSOCIATION REPRESENTS TEXAS GREYHOUND KENNEL OWNERS, GREYHOUND OWNERS, AND GREYHOUND BREEDERS IN ALL MATTERS PERTAINING TO THE REGULATION OF PARIMUTUEL GREYHOUND RACING IN TEXAS. IT ADMINISTERS BREAKAGE AMOUNTS RECEIVED FROM THE TEXAS RACING COMMISSION AND CROSS-SPECIES AMOUNTS RECEIVED FROM THE TEXAS HORSE TRACKS. THE ORGANIZATION MAINTAINS A TEXAS BRED REGISTRY AND ENCOURAGES THE BREEDING, TRAINING, AND RACING OF GREYHOUNDS WITHIN TEXAS. IT ALSO PROVIDES MANAGEMENT SERVICES TO RACE TRACKS IN THE STATE OF TEXAS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $39

Other Revenue $0

TOTAL REVENUE $39

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $27,798

Fundraising Expenses $0

Other Expenses $140,190

TOTAL EXPENSES $197,988

Year-over-Year Comparison

	2025	2024	Change
Revenue	$39	$72,941	-1.0%
Expenses	$197,988	$310,705	-0.4%
Net Income	$-197,949	$-237,764	-0.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$14,000

Total Directors

$3,178

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK JAMES	FMR EXECUTIVE DIRECTOR	40.00	Officer	$14,000	$0	$14,000
JOHN DALTON	PRESIDENT	1.00	Director	$0	$408	$408
JAMES PARKER	VICE PRESIDENT	1.00	Director	$0	$25	$25
KENNETH TURNER	SECRETARY/TREASURER	1.00	Director	$0	$2,047	$2,047
VICKI TURNER	DIRECTOR	1.00	Director	$0	$0	$0
KIRK HARLAN	DIRECTOR	1.00	Director	$0	$0	$0
PETER LIMMER	DIRECTOR	1.00	Director	$0	$698	$698
KEVIN FULTON	DIRECTOR	1.00	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	$39	$197,988	$5,675,196	$-197,949
2024	$72,941	$310,705	$5,725,479	$-237,764
2023	$215,902	$324,302	$5,532,628	$-108,400
2022	$218,833	$318,993	$4,422,835	$-100,160
2021	$806,773	$185,391	$3,184,999	$621,382
2021	$835,035	$210,851	$3,197,015	$624,184
2020	$210,006	$378,318	$1,230,557	$-168,312
2019	$365,706	$352,783	$906,832	$12,923
2018	$389,350	$422,137	$855,697	$-32,787