CENTRAL HOUSTON INC

🔒

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

1983

Legal Domicile

Principal Officer

KRIS LARSON

Phone

7136501470

Tax Period

2023-01-01 to 2023-12-31

CENTRAL HOUSTON INC, founded in 1983, is a small nonprofit that reported $776K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $897K exceeded revenue, resulting in a 16% operating deficit.

Mission

CENTRAL HOUSTON CHAMPIONS A THRIVING DOWNTOWN BY CONNECTING INFLUENTIAL LEADERS THROUGH INITIATIVES THAT ADVANCE THE FUTURE OF BUSINESS AND COMMUNITY FOR ALL.

Program Service Accomplishments

Program 1

Expenses: $90,507

ECONOMIC DEVELOPMENT PROGRAM-THE ECONOMIC DEVELOPMENT PROGRAM IS USED AS A RELIABLE RESOURCE FOR INVESTORS, BUILDING OWNERS AND TENANTS SERVING AS A CLEARINGHOUSE FOR INFORMATION, INCLUDING...

ECONOMIC DEVELOPMENT PROGRAM-THE ECONOMIC DEVELOPMENT PROGRAM IS USED AS A RELIABLE RESOURCE FOR INVESTORS, BUILDING OWNERS AND TENANTS SERVING AS A CLEARINGHOUSE FOR INFORMATION, INCLUDING INTERNALLY GENERATED DATA SUCH AS THE DOWNTOWN OFFICE STORY, DEVELOPMENT MAPS, AND INDEPENDENT RESEARCH. THE GOAL OF THE PROGRAM IS TO RECRUIT AND RETAIN OFFICE TENANTS, ENCOURAGE QUALITY DEVELOPMENT, GROW THE INNOVATION ECOSYSTEM, AND ULTIMATELY BRING EMPLOYERS AND JOBS TO DOWNTOWN.

Program 2

Expenses: $83,028

TRANSPORTATION ACCESS-TRANSPORTATION PROGRAM ADVOCACY IS CENTRAL TO STRONG ECONOMIC DEVELOPMENT IN DOWNTOWN. CENTRAL HOUSTON ADVOCATES ON BEHALF OF ITS DOWNTOWN STAKEHOLDERS TO IMPROVE THE QUALITY OF TRANSPORTATION OPTIONS, PRIORITY ACCESS, EFFECTIVE COMMUTING METHODS, AND WORKS WITH THE CITY OF HOUSTON AND OTHER AGENCIES INCLUDING TXDOT, METRO, AND H-GAC TO COORDINATE TRANSPORTATION PROJECTS THAT IMPACT DOWNTOWN. CONTRIBUTION INCLUDES FUNDING FOR A FULL TIME TRANSPORTATION PROGRAM LEAD, EDUCATIONAL OPPORTUNITIES, AND RESEARCH.

Program 3

Expenses: $83,028

CIVIC LEADERSHIP - A FRAMEWORK FOR RESPONSIBLE DECISIONS REGARDING THE CIVIC OPPORTUNITIES ASSOCIATED WITH THE NORTH HOUSTON HIGHWAY IMPROVEMENT PROJECT HAS BEEN CREATED THROUGH THE MAYOR'S OFFICE...

CIVIC LEADERSHIP - A FRAMEWORK FOR RESPONSIBLE DECISIONS REGARDING THE CIVIC OPPORTUNITIES ASSOCIATED WITH THE NORTH HOUSTON HIGHWAY IMPROVEMENT PROJECT HAS BEEN CREATED THROUGH THE MAYOR'S OFFICE AND STEERING COMMITTEE OF CIVIC VOLUNTEERS. CENTRAL HOUSTON SERVES AS THE COORDINATING ENTITY TO PROVIDE A DEEP RESOURCE OF EXPERIENCED URBAN PLANNING, DESIGN, ENGINEERING, AND ECONOMIC DEVELOPMENT PROFESSIONALS, EITHER THROUGH INTERNAL STAFF OR THROUGH THE ENGAGEMENT OF CONSULTANTS, TO SUPPLEMENT THE RESOURCES OF THE CITY AND PLAY AN INTEGRAL ROLE WITH THE CITY OF HOUSTON AND TXDOT TO ADVANCE THE OVERALL QUALITY OF DESIGN FOR THE HIGHWAY PROJECT. CENTRAL HOUSTON HAS SERVED AND CONTINUES TO SERVE AS A LEADER IN BRINGING SIMILAR CIVIC OPPORTUNITIES TO REALITY.

🔒

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 $0

Program Service Revenue $732,858

Investment Income $43,038

Other Revenue $0

TOTAL REVENUE $775,896

Expense Breakdown

Grants Paid $114,185

Salaries & Benefits $380,278

Fundraising Expenses $0

Program Expenses $339,591

Other Expenses $402,740

TOTAL EXPENSES $897,203

Year-over-Year Comparison

	2023	2022	Change
Revenue	$775,896	$997,867	-0.2%
Expenses	$897,203	$896,659	+0.0%
Net Income	$-121,307	$101,208	-2.2%

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

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

$586,701

Total Directors

$469,608

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX JESSETT	TREASURER	1.00	Officer Director	$0	$0	$0
AMY CHRONIS	DIRECTOR	1.00	Director	$0	$0	$0
ANNE TAYLOR	CHAIR EMERITUS	0.10	Director	$0	$0	$0
BRADLEY R FREELS	DIRECTOR	0.10	Director	$0	$0	$0
C RICHARD EVERETT	DIRECTOR	0.10	Director	$0	$0	$0
CODY SCHNEIDER	DIRECTOR	0.10	Director	$0	$0	$0
DANNY DAVID	DIRECTOR	0.10	Director	$0	$0	$0
DARON PESCHEL	DIRECTOR	0.10	Director	$0	$0	$0
DAVID RUIZ	SECRETARY (EX-OFFICIO)	1.00	Officer Director	$0	$0	$0
DAVID STEVENSON	DIRECTOR	0.10	Director	$0	$0	$0
DILIP CHOUDHURI	CHAIR	1.00	Officer Director	$0	$0	$0
DOUGAL CAMERON	DIRECTOR	0.10	Director	$0	$0	$0
ESI AKINOSHO	DIRECTOR	0.10	Director	$0	$0	$0
FRED B GRIFFIN	DIRECTOR	0.10	Director	$0	$0	$0
HILLARY HART	DIRECTOR	0.10	Director	$0	$0	$0
HONG OGLE	DIRECTOR	0.10	Director	$0	$0	$0
JAMES CASEY	DIRECTOR	0.10	Director	$0	$0	$0
JASON WELLS	DIRECTOR	0.10	Director	$0	$0	$0
JEFFERY HILDEBRAND	DIRECTOR	0.10	Director	$0	$0	$0
JESSICA O'NEILL	DIRECTOR	0.10	Director	$0	$0	$0
JOHN MOOZ	DIRECTOR	1.00	Director	$0	$0	$0
JULIE LUECHT	DIRECTOR	0.10	Director	$0	$0	$0
KATHY PAYTON	DIRECTOR	0.10	Director	$0	$0	$0
KRISTOPHER LARSON	PRESIDENT	30.00	Officer Director	$429,600	$40,008	$469,608
LAURA EDRINGTON	DIRECTOR	0.10	Director	$0	$0	$0
LINNET F DEILY	CHAIRMAN EMERITUS	0.10	Director	$0	$0	$0
LOREN BLANCHARD	DIRECTOR	0.10	Director	$0	$0	$0
MARK C EVANS	DIRECTOR	1.00	Director	$0	$0	$0
MARTYN E GOOSSEN	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW DAMBORSKY	DIRECTOR	0.10	Director	$0	$0	$0
MICHAEL HECKMAN	DIRECTOR	0.10	Director	$0	$0	$0
NILOUFAR MOLAVI	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
RICHARD J CAMPO	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE BURRITT	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
STEPHEN NEWTON	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN J KEAN	DIRECTOR	1.00	Director	$0	$0	$0
THEOLA PETTEWAY	DIRECTOR	0.10	Director	$0	$0	$0
THOMAS DEBESSE	DIRECTOR	0.10	Director	$0	$0	$0
TILMAN J FERTITTA	DIRECTOR	0.10	Director	$0	$0	$0
TRAVIS OVERALL	DIRECTOR	1.00	Director	$0	$0	$0
WENDY HEGER	DIRECTOR	0.10	Director	$0	$0	$0
MARY BUROUGHTS	DIRECTOR	0.10	Director	$0	$0	$0
JAMIE PERKINS	ASSIST. SECRETARY	40.00	Officer	$93,302	$23,791	$117,093
JOHN A DOUGLAS	CHIEF OPERATING OFFICER	20.00	Highest	$287,772	$43,539	$331,311
JANA GUNTER	DIRECTOR OF FINANCE	26.67	Highest	$191,514	$43,642	$235,156
ALBERT SANCHEZ	DIRECTOR OF STRATEGIC INITIATIVES	40.00	Highest	$216,145	$25,364	$241,509
ANN TAYLOR	DIRECTOR OF ENGAGEMENT	40.00	Highest	$174,201	$26,304	$200,505

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	$775,896	$897,203	$4,083,798	$-121,307
2022	$997,867	$896,659	$4,472,542	$101,208
2021	$1,082,732	$1,040,473	$4,282,425	$42,259
2020	$1,061,185	$918,659	$2,116,450	$142,526
2019	$1,101,673	$1,085,711	$2,089,157	$15,962
2018	$1,098,699	$1,032,221	$2,329,851	$66,478