BRAZORIA COUNTY PETROCHEMICAL COUNCIL (EIN 760362878) - 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

2017

Legal Domicile

Principal Officer

PAUL SPINKS

Phone

9797054328

Tax Period

2024-01-01 to 2024-12-31

BRAZORIA COUNTY PETROCHEMICAL COUNCIL, founded in 2017, is a small nonprofit in the Public Safety sector that reported $642K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $616K left a modest 4% surplus.

Mission

THE MISSION OF THE BRAZORIA COUNTY PETROCHEMICAL COUNCIL IS FOR MEMBER COMPANIES TO HAVE THE ACTIVE SUPPORT OF THE MAJORITY OF BRAZORIA COUNTY CITIZENS, AND MUNICIPAL AND STATE ELECTED AND APPOINTED OFFICIALS. WE AIM TO FOSTER RELATIONSHIPS THAT RESULTS IN SUSTAINABLE AND PROFITABLE GROWTH FOR THE INDUSTRY.

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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 $0

Program Service Revenue $642,417

Investment Income $0

Other Revenue $0

TOTAL REVENUE $642,417

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $610,813

TOTAL EXPENSES $615,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$642,417	$458,734	+0.4%
Expenses	$615,813	$122,613	+4.0%
Net Income	$26,604	$336,121	-0.9%

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

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
BRAD MORRISON	PRESIDENT	N/A	Officer	$0	$0	$0
JOHN PHILLIPS	VICE PRESIDE	N/A	Officer	$0	$0	$0
PAUL SPINKS	TREASURER	N/A	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
2024	$642,417	$615,813	$579,663	$26,604
2023	$458,734	$122,613	$553,059	$336,121

BRAZORIA COUNTY PETROCHEMICAL COUNCIL