MEMORIAL DRIVE ESPLANADE ASSOCIATI… - Form 990 Financial Data

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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

1989

Legal Domicile

Principal Officer

Randolph W Bryant

Phone

7136880647

Tax Period

2022-01-01 to 2022-12-31

MEMORIAL DRIVE ESPLANADE ASSOCIATION, founded in 1989, is a micro nonprofit that reported $22K in total revenue in fiscal year 2022. Expenses of $34K exceeded revenue, resulting in a 52% operating deficit.

Mission

Memorial Drive Esplanade Association (MDEA) was organized to beautify the esplanades along Memorial Drive in Houston, Texas between Loop 610 and the 9800 block of that street. This purpose included the installation and maintenance of landscaping and an irrigation system.

Program Service Accomplishments

Program 1

Expenses: $31,925 Revenue: $22,173

In 2022, MDEA expended $18,300 for landscaping maintenance, $4,431 for the maintenance of trees, and $5,376 for maintenance of the irrigation system. No other projects were undertaken during 2022...

In 2022, MDEA expended $18,300 for landscaping maintenance, $4,431 for the maintenance of trees, and $5,376 for maintenance of the irrigation system. No other projects were undertaken during 2022. Landscaping maintenance was performed by an independent contractor once a week, and irrigation maintenance was performed by a different independent contractor every few months and as needed.

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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 $22,173

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $22,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,925

Other Expenses $33,684

TOTAL EXPENSES $33,684

Year-over-Year Comparison

	2022	2021	Change
Revenue	$22,173	$22,950	0.0%
Expenses	$33,684	$30,165	+0.1%
Net Income	$-11,511	$-7,215	+0.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Artie Schroeder	Director and Vice President	0	Officer Director	$0	$0	$0
Randolph W Bryant	Director and Treasurer	2	Officer Director	$0	$0	$0
Sandra L Bryant	Director and Secretary	0	Officer Director	$0	$0	$0
Max Uzick	Director	0	Director	$0	$0	$0
John M Clark	Director	0	Director	$0	$0	$0
Susan Taggart	Director	0	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
2022	$22,173	$33,684	$202,355	$-11,511
2021	$22,950	$30,165	$213,908	$-7,215
2020	$177,794	$13,703	$221,083	$164,091

MEMORIAL DRIVE ESPLANADE ASSOCIATION