NORTH TEXAS COMMERCIAL ASSOCIATION… - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

HOLLAND MORRIS

Phone

2146385525

Tax Period

2023-01-01 to 2023-12-31

NORTH TEXAS COMMERCIAL ASSOCIATION OF REALTORS INC, founded in 2003, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $996K left a modest 12% surplus.

Mission

FOUNDED IN 1993, THE NORTH TEXAS COMMERCIAL ASSOCIATION OF REALTORS AND REAL ESTATE PROFESSIONALS IS A TRADE ASSOCIATION THAT EXISTS TO ENHANCE THE BUSINESS OPPORTUNITIES OF ITS MEMBERS THROUGH REAL-TIME ACCESS TO CRITICAL REAL ESTATE INFORMATION, EDUCATION, RECOGNITION AND NETWORKING EVENTS.

Program Service Accomplishments

Program 1

Expenses: $54,205 Revenue: $96,505

NTCAR HOLDS FOUR MEMBERSHIP MEETINGS PER YEAR WITH LEADING PROFESSIONALS ADDRESSING VARIOUS REAL ESTATE SPECIFIC TOPICS. AN AVERAGE OF 500 PROFESSIONALS ATTENDS THESE FREE EVENTS THAT INCLUDE A...

NTCAR HOLDS FOUR MEMBERSHIP MEETINGS PER YEAR WITH LEADING PROFESSIONALS ADDRESSING VARIOUS REAL ESTATE SPECIFIC TOPICS. AN AVERAGE OF 500 PROFESSIONALS ATTENDS THESE FREE EVENTS THAT INCLUDE A NETWORKING PERIOD, CONTINENTAL BREAKFAST AND TOPICAL SPEAKERS.

Program 2

Expenses: $139,776 Revenue: $138,400

THE STEMMONS SERVICE AWARD IS NTCAR'S PREMIER EVENT AND IS PRESENTED ANNUALLY TO HONOR A MEMBER OF THE BROKERAGE COMMUNITY WHO BEST EXEMPLIFIES THE HIGHEST STANDARDS OF A COMMERCIAL REAL ESTATE...

THE STEMMONS SERVICE AWARD IS NTCAR'S PREMIER EVENT AND IS PRESENTED ANNUALLY TO HONOR A MEMBER OF THE BROKERAGE COMMUNITY WHO BEST EXEMPLIFIES THE HIGHEST STANDARDS OF A COMMERCIAL REAL ESTATE PROFESSIONAL.

Program 3

Expenses: $604,732 Revenue: $691,015

THE OFFICE ACADEMY IS AN ANNUAL EVENT WITH A KEYNOTE SPEAKER, PANEL SPEAKERS, ROUND TABLE DISCUSSION, AND NETWORKING HAPPY HOUR.

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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 $0

Program Service Revenue $1,037,558

Investment Income $17,602

Other Revenue $83,220

TOTAL REVENUE $1,138,380

Expense Breakdown

Grants Paid $22,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $843,792

Other Expenses $974,314

TOTAL EXPENSES $996,314

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,138,380	$956,044	+0.2%
Expenses	$996,314	$733,523	+0.4%
Net Income	$142,066	$222,521	-0.4%

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

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
ALLYSON YOST	DIRECTOR	1.00	Officer Director	$0	$0	$0
ANDREW BOSTER	DIRECTOR	1.00	Director	$0	$0	$0
CANON SHOULTS	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY STANFORD	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL ENG	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SCHNITZER	DIRECTOR	1.00	Director	$0	$0	$0
DONNA STILES	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH HERMAN FULTON	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE NDEGWA	DIRECTOR	1.00	Director	$0	$0	$0
GRANT LAUGHLIN	DIRECTOR	1.00	Director	$0	$0	$0
GRANT PRUITT	DIRECTOR	1.00	Director	$0	$0	$0
JOHN O'NEAL	DIRECTOR	1.00	Officer Director	$0	$0	$0
KATHERINE JESSEN	DIRECTOR	1.00	Director	$0	$0	$0
KATHY BOOP	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH REIMER	DIRECTOR	1.00	Director	$0	$0	$0
MATT HYMAN	DIRECTOR	1.00	Officer Director	$0	$0	$0
MICHAEL KAPLAN	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN DENTON	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP ROSENFELD	DIRECTOR	1.00	Officer Director	$0	$0	$0
RAY ECKENRODE	TREASURER	1.00	Officer Director	$0	$0	$0
RICHMOND COLLINSWORTH	DIRECTOR	1.00	Director	$0	$0	$0
SANOBER SYED	SECRETARY	1.00	Director	$0	$0	$0
SARA FREDERICKS	DIRECTOR	1.00	Director	$0	$0	$0
SHARON HERRIN	DIRECTOR	1.00	Officer Director	$0	$0	$0
TIMOTHY VELER	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM ROTH	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	$1,138,380	$996,314	$1,060,154	$142,066
2022	$956,044	$733,523	$819,320	$222,521
2021	$495,709	$542,176	$728,342	$-46,467
2020	$542,869	$471,750	$747,741	$71,119
2019	$842,577	$672,429	$324,267	$170,148
2018	$556,229	$533,984	$403,298	$22,245

NORTH TEXAS COMMERCIAL ASSOCIATION OF REALTORS INC