North Texas Karters 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

1995

Legal Domicile

Principal Officer

Robert Schabel

Phone

9402304334

Tax Period

2025-03-01 to 2026-02-28

North Texas Karters Inc, founded in 1995, is a small nonprofit in the Recreation & Sports sector that reported $296K in total revenue in fiscal year 2025. The organization ran a surplus of $75K, a strong 25% operating margin.

Mission

To encourage karting as a sport in a friendly and responsible manor, conduct karting events for both novice and expert in safe environment, provide educational instruction for proper kart maintance and driving.

Program Service Accomplishments

Program 1

Bi-Annual Races

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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 (2025)

Revenue Breakdown

Contributions & Grants $187,354

Program Service Revenue $103,422

Investment Income $2,454

Other Revenue $2,908

TOTAL REVENUE $296,138

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $220,866

TOTAL EXPENSES $220,866

Year-over-Year Comparison

	2025	2024	Change
Revenue	$296,138	$291,884	+0.0%
Expenses	$220,866	$180,190	+0.2%
Net Income	$75,272	$111,694	-0.3%

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

310

Independent Members

310

Employees

N/A

Volunteers

250

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	Role	Reportable Comp	Other Comp	Total
ROBERT SCHABEL	Treasurer	Officer	$0	$0	$0
ALLEN BRADLEY	President	Officer	$0	$0	$0
MATT BRODERICK	Vice President	Officer	$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
2026	$296,138	$220,866	$752,530	$75,272
2025	$291,884	$180,190	$676,618	$111,694
2024	$315,041	$193,729	$565,384	$121,312
2023	$217,405	$198,727	$444,071	$18,678
2022	$308,438	$229,381	$425,395	$79,057
2021	$235,023	$225,076	$346,338	$9,947