CENTERFIELD IMPROVEMENT ASSOC

EIN: 760140077

Houston, TX

Total Revenue
$84,955
Total Expenses
$168,416
Total Assets
$501,132
Net Assets
$488,326
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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
1984
Legal Domicile
TX
Principal Officer
BRETT HETHERWICK
Tax Period
2020-01-01 to 2020-12-31

CENTERFIELD IMPROVEMENT ASSOC, founded in 1984, is a micro nonprofit that reported $85K in total revenue in fiscal year 2020. Expenses of $168K exceeded revenue, resulting in a 98% operating deficit.

Mission

to provide for the health,safety and welfare of the community

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $75,519
Program Service Revenue $0
Investment Income $3,497
Other Revenue $5,939
TOTAL REVENUE $84,955

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $136,092
Other Expenses $168,416
TOTAL EXPENSES $168,416

Year-over-Year Comparison

2020 2019 Change
Revenue $84,955 N/A N/A
Expenses $168,416 N/A N/A
Net Income $-83,461 N/A N/A
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRETT HETHERWICK DIRECTOR 2.00
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
2020 $84,955 $168,416 $501,132 $-83,461
2019 $318,948 $178,543 $573,604 $140,405
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