TEXAS PANHANDLE WAR MEMORIAL FOUNDATION INC (EIN 752545659) - 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

Principal Officer

BRUCE DAS

Phone

8063533300

Tax Period

2024-01-01 to 2024-12-31

TEXAS PANHANDLE WAR MEMORIAL FOUNDATION INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $328K in total revenue in fiscal year 2024. Revenue surged 139% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 34% operating margin.

Mission

TO PROMOTE AWARENESS OF CONTRIBUTIONS MADE BY VETERANS OF WAR FROM THE TEXAS PANHANDLE.

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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 $300,608

Program Service Revenue $0

Investment Income $732

Other Revenue $26,486

TOTAL REVENUE $327,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,258

Fundraising Expenses $41,300

Program Expenses $94,854

Other Expenses $157,267

TOTAL EXPENSES $216,525

Year-over-Year Comparison

	2024	2023	Change
Revenue	$327,826	$137,165	+1.4%
Expenses	$216,525	$207,224	+0.0%
Net Income	$111,301	$-70,059	-2.6%

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

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

$54,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM REID	EXECUTIVE DI	40.00	Director	$54,500	$0	$54,500
J REX LEMERT CPA	CHAIRMAN/TRE	N/A	Officer Director	$0	$0	$0
BRUCE DAS	PRESIDENT	N/A	Director	$0	$0	$0
BOB DEMPSEY	DIRECTOR	N/A	Director	$0	$0	$0
RODNEY GONZALES	DIRECTOR	N/A	Director	$0	$0	$0
ELOY HERAS	DIRECTOR	N/A	Director	$0	$0	$0
MELISSA KALKA	DIRECTOR	N/A	Director	$0	$0	$0
DOUGLASS MESSER	VICE-PRESIDE	N/A	Director	$0	$0	$0
CARLOS PENA	DIRECTOR	N/A	Director	$0	$0	$0
DON RODEN	DIRECTOR	N/A	Director	$0	$0	$0
MENDELL SCHELIN	ASST. TREASU	N/A	Director	$0	$0	$0
TODD WETSEL	SECRETARY	N/A	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	$327,826	$216,525	$2,118,722	$111,301
2023	$137,165	$207,224	$1,999,656	$-70,059
2022	$344,233	$228,424	$2,074,765	$115,809
2021	$218,930	$226,614	$1,960,963	$-7,684
2020	$353,914	$135,963	$1,967,583	$217,951
2019	$372,850	$50,042	$1,751,466	$322,808
2018	$511,050	$36,036	$977,972	$475,014

TEXAS PANHANDLE WAR MEMORIAL FOUNDATION INC