Tarrant County Homeless Coalition (EIN 752331643) - 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

1989

Legal Domicile

Principal Officer

LAUREN KING

Phone

8175093635

Tax Period

2024-01-01 to 2024-12-31

Tarrant County Homeless Coalition, founded in 1989, is a community nonprofit in the Human Services sector that reported $5.1M in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $5.7M exceeded revenue, resulting in a 11% operating deficit.

Mission

Tarrant County Homeless Coalition leads the community solution to homelessness in greater Tarrant and Parker counties by serving as a catalyst for community transformation.

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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 $4,927,782

Program Service Revenue $183,033

Investment Income $27,119

Other Revenue $0

TOTAL REVENUE $5,137,934

Expense Breakdown

Grants Paid $2,504,477

Salaries & Benefits $2,183,670

Fundraising Expenses $54,671

Program Expenses $5,064,674

Other Expenses $991,996

TOTAL EXPENSES $5,680,143

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,137,934	$7,907,695	-0.4%
Expenses	$5,680,143	$5,473,901	+0.0%
Net Income	$-542,209	$2,433,794	-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

Volunteers

400

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

$222,087

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN KING	Executive Dir.	40.00	Officer	$125,580	$0	$125,580
SHANNON BARNES	ASS. EXEC. DIR.	40.00	Officer	$96,507	$0	$96,507
LYN SCOTT	Treasurer	1.00	Officer Director	$0	$0	$0
DR KAPRETA JOHNSON	Secretary	1.00	Officer Director	$0	$0	$0
VICTORIA FARRAR-MEYERS	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARTI LAWRENCE	MEMBER	1.00	Director	$0	$0	$0
DR NICHOLAS THOMPSON	MEMBER	1.00	Director	$0	$0	$0
DEBORAH KRATKY	MEMBER	1.00	Director	$0	$0	$0
KRYSTLE GANDHI	Chairman	1.00	Officer Director	$0	$0	$0
DEVON ARMSTRONG	MEMBER	1.00	Director	$0	$0	$0
JAY WHITE	MEMBER	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	$5,137,934	$5,680,143	$2,413,502	$-542,209
2023	$7,907,695	$5,473,901	$2,888,072	$2,433,794
2022	$3,668,529	$3,355,855	$504,633	$312,674
2021	$3,091,863	$3,392,215	$319,461	$-300,352
2020	$2,781,559	$2,764,661	$572,197	$16,898
2019	$2,185,820	$2,245,508	$656,234	$-59,688
2018	$1,793,365	$1,757,140	$453,754	$36,225

Tarrant County Homeless Coalition