FORNEY HISTORIC PRESERVATION LEAGUE (EIN 752280261) - 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

1988

Legal Domicile

Principal Officer

DEBORAH STEWART

Phone

9725643512

Tax Period

2023-01-01 to 2023-12-31

FORNEY HISTORIC PRESERVATION LEAGUE, founded in 1988, is a small nonprofit that reported $111K in total revenue in fiscal year 2023. Expenses of $104K left a modest 6% surplus.

Mission

PROMOTE HISTORIC PRESERVATION IN FORNEY, TX THROUGH PERIODIC TOURS OF HISTORIC HOMES AND THE OPERATION OF A MUSEUM PERTAINING TO CITY AND COUNTY HISTORY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $101,907

Program Service Revenue $0

Investment Income $3,525

Other Revenue $5,894

TOTAL REVENUE $111,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,135

Fundraising Expenses $0

Program Expenses $70,751

Other Expenses $40,354

TOTAL EXPENSES $104,489

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,326	$112,226	0.0%
Expenses	$104,489	$95,581	+0.1%
Net Income	$6,837	$16,645	-0.6%

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

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

$44,551

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA HERVEY	DIRECTOR, TREASURER	2.50	Officer Director	$0	$0	$0
FRAN JONES	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES BEASON	DIRECTOR	1.00	Director	$0	$0	$0
DON THEMER	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH STEWART	DIRECTOR, PRESIDENT	4.00	Officer Director	$0	$0	$0
BYRON A PARKER	DIRECTOR	1.00	Director	$0	$0	$0
RICK TOWNSEND	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE VENNER	DIRECTOR, VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TRACY DRANE	DIRECTOR	1.00	Director	$0	$0	$0
JANA GARNER	DIRECTOR, SECRETARY	2.00	Officer Director	$0	$0	$0
LAWRENCE HIGGINS	DIRECTOR	1.00	Director	$0	$0	$0
L C RANDOLPH	DIRECTOR	1.00	Director	$0	$0	$0
KENDALL NOBLES	MANAGER	32.00	Officer	$44,551	$0	$44,551
MARGARET TULL	DIRECTOR	1.00	Director	$0	$0	$0
BILL CRAWLEY	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
2024	No data	No data	No data	No data
2023	$111,326	$104,489	$2,523,061	$6,837
2022	$112,226	$95,581	$2,525,818	$16,645
2021	$108,769	$82,038	$2,538,544	$26,731
2020	$112,341	$86,859	$2,511,135	$25,482
2019	$108,028	$94,217	$2,488,356	$13,811
2018	$147,557	$79,515	$2,474,545	$68,042

FORNEY HISTORIC PRESERVATION LEAGUE