LA FIESTA DE LAS SEIS BANDERAS INC

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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

1989

Legal Domicile

Principal Officer

ELIZABETH SPEICHER

Phone

2147693385

Tax Period

2024-09-01 to 2025-08-31

LA FIESTA DE LAS SEIS BANDERAS INC, founded in 1989, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 6% surplus.

Mission

PERFORM CHARITABLE ACTIVITIES WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTION 501(C)(3) & TEXAS TAX CODE SECTION 11.18(C)(1), & SPECIFICALLY AS FOLLOWS: (1) TO PRESERVE, PROTECT, & PROMOTE THE HISTORIC CULTURE & AESTHETIC ATTRIBUTES & TRADITIONS OF THE TOWNS OF HIGHLAND PARK & UNIVERSITY PARK, TEXAS, INCLUDING THE DEVELOPMENT & MAINTENANCE OF VISUAL, WRITTEN, OR RECORDED MATERIALS, PUBLIC/PRIVATE, PERTAINING TO THE HISTORY & DEVELOPMENT OF HIGHLAND PARK & UNIVERSITY PARK & OBSERVING SPECIAL DATES & EVENTS DESIGNED TO BRING TOGETHER CITIZENS OF THE PARK CITIES IN CELEBRATION OF THEIR COMMON HERITAGE; (2) TO RECEIVE, INVEST, & DISBURSE FUNDS, & HOLD PROPERTY, FOR THE PURPOSE OF THE CORP. AFORESAID; & (3) TO CONDUCT OTHER ACTIVITIES, NOT IN CONTRAVENTION TO THE TEXAS NON-PROFIT CORP. ACT OR ARTICLE SIX OF THESE ARTICLES OF INCORP., NECESSARY/APPROPRIATE TO CARRY-OUT THE FOREGOING PURPOSES.

Program Service Accomplishments

Program 1

Expenses: $1,580,016 Revenue: $972,800

TO PROVIDE FINANCIAL SUPPORT FOR HIGHLAND PARK STUDENTS TO STRENGTHEN EDUCATIONAL AND CULTURAL OPPORTUNITIES BEYOND THE SCOPE OF THE DISTRICT CURRICULUM BY PROVIDING EXPOSURE TO VARIOUS ART, PROGRAMS...

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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 $768,997

Program Service Revenue $972,800

Investment Income $19,967

Other Revenue $0

TOTAL REVENUE $1,761,764

Expense Breakdown

Grants Paid $588,256

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,580,016

Other Expenses $1,061,472

TOTAL EXPENSES $1,649,728

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,761,764	$1,551,964	+0.1%
Expenses	$1,649,728	$1,502,029	+0.1%
Net Income	$112,036	$49,935	+1.2%

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

590

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
SUZANNE BROWN	PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTEN ROBERTS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NICOLE BREWER	SECRETARY	1.00	Officer Director	$0	$0	$0
LESLIE CARROLL	TREASURER	1.00	Officer Director	$0	$0	$0
SUSAN GLASSMOYER	LA FIESTA CHAIR	1.00	Director	$0	$0	$0
MISSY FINGER	GUILD PRESIDENT	1.00	Director	$0	$0	$0
KEN MONK	ORDER OF THE FLAGS PRESIDE	1.00	Director	$0	$0	$0
MICHAELA DYER	ROYAL ORDER PRESIDENT	1.00	Director	$0	$0	$0
KAY HERRING	PAST LA FIESTA CHAIR	1.00	Director	$0	$0	$0
KIM QUINN	PAST PRESIDENT	1.00	Director	$0	$0	$0
RANDI MCPARLIN	EXECUTIVE MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
RACHEL STIENKE	LA FIESTA CHAIR	1.00	Director	$0	$0	$0
ELIZABETH SPEICHER	ASSISTANT TREASURER	1.00	Director	$0	$0	$0
COURTNEY WILES	PAST LA FIESTA CHAIR	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	$1,761,764	$1,649,728	$255,600	$112,036
2024	$1,551,964	$1,502,029	$148,564	$49,935
2023	$1,456,554	$1,434,195	$84,673	$22,359
2022	$1,316,995	$1,845,832	$77,725	$-528,837
2021	$1,234,086	$1,286,026	$606,562	$-51,940
2020	$918,831	$355,264	$658,502	$563,567
2019	$1,262,373	$1,225,934	$94,935	$36,439
2018	$1,206,430	$1,180,211	$58,414	$26,219