MISSION BEND GREENBELT ASSOCIATION

🔒

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

1986

Legal Domicile

Principal Officer

GARY GASSMANN

Phone

7138606400

Tax Period

2024-10-01 to 2025-09-30

MISSION BEND GREENBELT ASSOCIATION, founded in 1986, is a small nonprofit in the Recreation & Sports sector that reported $214K in total revenue in fiscal year 2024. Expenses of $369K exceeded revenue, resulting in a 73% operating deficit.

Mission

THE ASSOCIATION IS ORGANIZED AND IS TO BE OPERATED FOR CHARITABLE PURPOSES FOR THE SOLE BENEFIT OF CHELFORD CITY MUD, CHELFORD ONE MUD, HARRIS COUNTY MUD NO 120, MISSION BEND MUD NO 1, AND MISSION BEND MUD NO 2 BY PROVIDING FOR COMMUNITY RECREATIONAL FACILITIES FOR THE USE OF THE GENERAL PUBLIC AS WELL AS HIKE AND BIKE TRAILS WITHIN THE REGIONAL DRAINAGE AREAS.

Program Service Accomplishments

Program 1

Expenses: $249,027

CONSTRUCTION, REPAIRS AND MAINTENANCE OF HIKING AND BIKING TRAILS, PARKS AND RELATED FACILITIES FOR COMMUNITY USE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $200,000

Program Service Revenue $0

Investment Income $13,862

Other Revenue $0

TOTAL REVENUE $213,862

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $249,027

Other Expenses $369,126

TOTAL EXPENSES $369,126

Year-over-Year Comparison

	2024	2023	Change
Revenue	$213,862	$220,538	0.0%
Expenses	$369,126	$285,061	+0.3%
Net Income	$-155,264	$-64,523	+1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY GASSMANN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOHNNIE BRUMFIELD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MICHAEL MARTIN	SECRETARY	N/A	Officer Director	$0	$0	$0
CARL ROECKER	ASSISTANT SE	N/A	Officer Director	$0	$0	$0
FRANCES BROWNING	TREASURER	N/A	Officer Director	$0	$0	$0
WARREN HECTOR	DIRECTOR	N/A	Director	$0	$0	$0
NICHOLAS ALWINE	DIRECTOR	N/A	Director	$0	$0	$0
CAROL MCDONALD	DIRECTOR	N/A	Director	$0	$0	$0
MARLENE WEPPLER	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN JOHNSON	DIRECTOR	N/A	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
2025	$213,862	$369,126	$803,307	$-155,264
2024	$220,538	$285,061	$960,105	$-64,523
2023	$218,184	$255,575	$1,021,535	$-37,391
2022	$211,428	$267,363	$1,062,803	$-55,935
2021	$200,303	$233,646	$1,116,302	$-33,343
2020	$203,919	$254,776	$1,147,304	$-50,857
2019	$213,657	$274,243	$1,211,913	$-60,586
2018	$204,118	$258,494	$1,261,032	$-54,376