FENCING INSTITUTE OF TEXAS INC (EIN 752768378) - 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

Formation Year

1998

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

FENCING INSTITUTE OF TEXAS INC, founded in 1998, is a small nonprofit in the Recreation & Sports sector that reported $444K in total revenue in fiscal year 2023. Expenses of $407K left a modest 8% surplus.

Mission

PROVIDE SCHOLARSHIP, FENCING INSTRUCTION, PROVIDE ADAPTIVE SPORT COMPETITION IN PARAFENCING, AND SPONSOR LOCAL, REGIONAL AND NATIONAL LEVEL COMPETITIONS.

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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 $443,980

Investment Income $0

Other Revenue $0

TOTAL REVENUE $443,980

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,176

Fundraising Expenses $1,093

Program Expenses $401,260

Other Expenses $289,783

TOTAL EXPENSES $406,959

Year-over-Year Comparison

	2023	2022	Change
Revenue	$443,980	$422,030	+0.1%
Expenses	$406,959	$439,971	-0.1%
Net Income	$37,021	$-17,941	-3.1%

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

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
GERT PECK	TREASURER	3.00	Officer	$0	$0	$0
SCOTT HERNDON	DIRECTOR	3.00	Officer	$0	$0	$0
CHRISTINE B TADLOCK	SECRETARY	5.00	Officer	$0	$0	$0
ROBERT O WADDOUPS	PRESIDENT	20.00	Officer	$0	$0	$0
PATRICIA WHITE	VICE PRESIDENT	5.00	Officer	$0	$0	$0
YURY MOLCHAN	INSTRUCTOR	40.00	Key Emp	$0	$0	$0
ELSAYED HOSSAM MAHMOUD	INSTRUCTOR	15.00	Key Emp	$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	$443,980	$406,959	$44,358	$37,021
2022	$422,030	$439,971	$868	$-17,941
2021	$497,939	$457,410	$14,061	$40,529
2020	$285,401	$281,677	$22,397	$3,724
2019	$285,961	$275,601	$24,663	$10,360
2018	$250,579	$239,947	$10,632	$10,632

FENCING INSTITUTE OF TEXAS INC