TEXAS HEARING & SERVICE DOGS INC (EIN 760260567) - 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

1988

Legal Domicile

Principal Officer

SHERI SOLTES

Phone

5128581495

Tax Period

2024-01-01 to 2024-12-31

TEXAS HEARING & SERVICE DOGS INC, founded in 1988, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $469K, a strong 29% operating margin.

Mission

TRAIN SERVICE, HEARING DOGS FOR THE DISABLED. TRAIN FIRST RESPONDER/EMERGENCY SUPPORT DOGS FOR FIRST RESPONDERS AND COURT HOUSE DOGS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,667,413

Program Service Revenue $0

Investment Income $1,296

Other Revenue $-40,856

TOTAL REVENUE $1,627,853

Expense Breakdown

Grants Paid $0

Salaries & Benefits $706,873

Fundraising Expenses $39,844

Program Expenses $1,072,347

Other Expenses $451,752

TOTAL EXPENSES $1,158,625

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,627,853	$858,162	+0.9%
Expenses	$1,158,625	$926,676	+0.3%
Net Income	$469,228	$-68,514	-7.8%

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

120

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

$97,453

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM OLSON	BOARD CHAIRMAN	1.00	Officer Director	$0	$0	$0
DOUGLAS FULLERTON	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAN CHRISTENSEN	SECRETARY	1.00	Officer Director	$0	$0	$0
JONATHAN BICKHAM	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT YORDI	DIRECTOR	1.00	Director	$0	$0	$0
PIPER BROWNE	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA JANSEN	DIRECTOR	1.00	Director	$0	$0	$0
SHERI SOLTES	PRESIDENT/CEO	40.00	Officer	$90,000	$7,453	$97,453

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	$1,627,853	$1,158,625	$1,554,375	$469,228
2023	$858,162	$926,676	$1,079,241	$-68,514
2022	$827,814	$802,447	$1,148,285	$25,367
2021	$740,615	$688,077	$1,118,695	$52,538
2020	$1,078,174	$714,373	$1,204,711	$363,801
2019	$579,424	$857,370	$876,958	$-277,946
2018	$1,133,747	$960,903	$1,025,313	$172,844

TEXAS HEARING & SERVICE DOGS INC