HIGH GROUND OF TEXAS ECONOMIC DEVELOPMENT ASSOC (EIN 752481190) - Form 990 Financial Analysis & Trantor Score

🔒

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

1993

Legal Domicile

Phone

8062913211

Tax Period

2023-10-01 to 2024-09-30

HIGH GROUND OF TEXAS ECONOMIC DEVELOPMENT ASSOC, founded in 1993, is a small nonprofit in the Employment sector that reported $428K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $387K left a modest 10% surplus.

Mission

MARKETING COALITION FOR THE NORTHERN MOST 67 COUNTIES OF THE TEXAS PANHANDLE AND SOUTH PLAINS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $254,750

Program Service Revenue $143,950

Investment Income $28,628

Other Revenue $600

TOTAL REVENUE $427,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,030

Fundraising Expenses $0

Other Expenses $257,837

TOTAL EXPENSES $386,867

Year-over-Year Comparison

	2023	2022	Change
Revenue	$427,928	$349,279	+0.2%
Expenses	$386,867	$323,529	+0.2%
Net Income	$41,061	$25,750	+0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KASEY COKER	EXECUTIVE DIRECTOR	40.00		$110,000	$0	$110,000
Kristen Moudy	Past Chairman	1.00	Officer Director	$0	$0	$0
Heath Haynes	Chairman	1.00	Officer Director	$0	$0	$0
Justin Balderas	Vice Chairman	1.00	Officer Director	$0	$0	$0
Mona Ferguson	Secretary/Treas	1.00	Officer 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	$427,928	$386,867	$560,510	$41,061
2023	$349,279	$323,529	$525,300	$25,750
2022	$367,184	$314,931	$490,299	$52,253
2021	$289,772	$225,876	$436,103	$63,896
2020	$301,902	$239,981	$372,233	$61,921
2019	$365,800	$268,118	$310,351	$97,682
2018	$327,011	$277,794	$213,676	$49,217

HIGH GROUND OF TEXAS ECONOMIC DEVELOPMENT ASSOC