FRIENDS OF THE KATY TRAIL INC (EIN 752708139) - 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

1997

Legal Domicile

Principal Officer

AMY BEAN

Phone

2143031180

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE KATY TRAIL INC, founded in 1997, is a community nonprofit in the Environment sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 44% operating margin.

Mission

TO SUPPORT, MAINTAIN, ENHANCE AND ADVOCATE FOR THE KATY TRAIL AS THE PREMIER TRAIL FOR RECREATION, WELLNESS, AND ALTERNATIVE TRANSPORTATION IN THE CITY OF DALLAS.

🔒

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 $1,680,034

Program Service Revenue $0

Investment Income $99,933

Other Revenue $922,153

TOTAL REVENUE $2,702,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $623,644

Fundraising Expenses $248,034

Program Expenses $1,091,607

Other Expenses $881,785

TOTAL EXPENSES $1,505,429

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,702,120	$1,611,070	+0.7%
Expenses	$1,505,429	$1,546,318	0.0%
Net Income	$1,196,691	$64,752	+17.5%

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

247

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

$184,729

Total Directors

Key Employees

$162,642

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAKE SHIPP	PRESIDENT	3.00	Officer Director	$0	$0	$0
BRIAN CALLAHAN	VP & SAFETY CHAIR	3.00	Officer Director	$0	$0	$0
CRICKET GRIFFIN	SECRETARY	3.00	Officer Director	$0	$0	$0
DAN CHESNUT	TREASURER	3.00	Officer Director	$0	$0	$0
BILLY HARTWELL	MEMBERSHIP & MARKETING CHA	3.00	Officer Director	$0	$0	$0
RUTHIE SHOR	DEVELOPMENT CHAIR	3.00	Officer Director	$0	$0	$0
ERIC PAULSON	PAST PRESIDENT	3.00	Officer Director	$0	$0	$0
BONNER ALLEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBYN BAYNE	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC BING	BOARD MEMBER	1.00	Director	$0	$0	$0
BUDDY CRAMER	BOARD MEMBER	3.00	Director	$0	$0	$0
SAM DALTON	BOARD MEMBER	1.00	Director	$0	$0	$0
BESS DICKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH DODD	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN ELMGREN	BOARD MEMBER	1.00	Director	$0	$0	$0
LARA FRANCIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL FRANTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
FAISAL HALUM	BOARD MEMBER	1.00	Director	$0	$0	$0
WADE JOHNS	BOARD MEMBER	1.00	Director	$0	$0	$0
SIMON LITTLE	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM MENGACCI	BOARD MEMBER	1.00	Director	$0	$0	$0
PRESTON PAINE	BOARD MEMBER	1.00	Director	$0	$0	$0
BINA PATEL	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN RALSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
JILL RARESHIDE	BOARD MEMBER	1.00	Director	$0	$0	$0
GABY RAWLINGS	BOARD MEMBER	1.00	Director	$0	$0	$0
BAXTER UNDERWOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
NEWT WALKER	BOARD MEMBER	1.00	Director	$0	$0	$0
RAY WASHBURNE	BOARD MEMBER	1.00	Director	$0	$0	$0
PEGGY ZILBERMANN	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY BEAN	EXECUTIVE DIRECTOR	40.00	Officer	$172,500	$12,229	$184,729
ANN WOOD	SENIOR DIRECTOR OF MAJOR G	40.00	Key Emp	$152,500	$10,142	$162,642

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	$2,702,120	$1,505,429	$4,825,812	$1,196,691
2022	$1,611,070	$1,546,318	$3,675,766	$64,752
2021	$2,458,782	$1,497,013	$3,410,725	$961,769
2020	$4,041,216	$7,400,109	$3,277,586	$-3,358,893
2019	$4,349,197	$881,794	$5,791,527	$3,467,403
2018	$1,397,729	$1,161,394	$2,215,763	$236,335

FRIENDS OF THE KATY TRAIL INC