Alliance for Higher Education dba Texas Research Alliance (EIN 756045325) - 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

1965

Legal Domicile

Tax Period

2022-09-01 to 2023-08-31

Alliance for Higher Education dba Texas Research Alliance, founded in 1965, is a small nonprofit that reported $270K in total revenue in fiscal year 2022. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $232K left a modest 14% surplus.

Mission

To benefit the growth and effectiveness of higher education and the generation of economic growth for North Texas by providing a forum to tap technical and economic creativity; and by promoting opportunities to transition, commercialize and retain its scientific technological breakthroughs.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $97,180

Other Revenue $173,064

TOTAL REVENUE $270,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,331

Fundraising Expenses $1,300

Program Expenses $179,824

Other Expenses $53,491

TOTAL EXPENSES $231,822

Year-over-Year Comparison

	2022	2021	Change
Revenue	$270,244	$141,123	+0.9%
Expenses	$231,822	$275,929	-0.2%
Net Income	$38,422	$-134,806	-1.3%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Victor Fishman	Executive Director	40.00		$172,576	$0	$172,576
Dale Petrosky	Trustee	1.00	Director	$0	$0	$0
Kim Quirk	Trustee	1.00	Director	$0	$0	$0
Michael Jacobson	Chairman	1.00	Officer Director	$0	$0	$0
Mike Berry	Trustee	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	$270,244	$231,822	$3,117,096	$38,422
2022	$141,123	$275,929	$3,070,747	$-134,806
2021	$147,432	$243,235	$3,372,858	$-95,803
2020	$116,943	$241,224	$3,316,224	$-124,281
2019	$279,046	$253,399	$3,270,934	$25,647
2018	$242,625	$101,380	$3,295,210	$141,245

Alliance for Higher Education dba Texas Research Alliance