MINOLAS PLACE OF TEXAS INC

EIN: 760412776 501(c)(3) Youth Development

TOMBALL, TX

Total Revenue
$337,679
Total Expenses
$349,367
Total Assets
$1,529,596
Net Assets
$-762,158
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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
1992
Legal Domicile
TX
Principal Officer
ROZELLA GRAY
Phone
8772976161
Tax Period
2022-01-01 to 2022-12-31

MINOLAS PLACE OF TEXAS INC, founded in 1992, is a small nonprofit in the Youth Development sector that reported $338K in total revenue in fiscal year 2022. Revenue decreased 20% compared to the prior year.

Mission

Providing support to individuals who desire to discover meaning and purpose in their lives

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $337,679
Investment Income $0
Other Revenue $0
TOTAL REVENUE $337,679

Expense Breakdown

Grants Paid $0
Salaries & Benefits $165,921
Fundraising Expenses $0
Program Expenses $349,367
Other Expenses $183,446
TOTAL EXPENSES $349,367

Year-over-Year Comparison

2022 2021 Change
Revenue $337,679 $419,981 -0.2%
Expenses $349,367 $413,300 -0.2%
Net Income $-11,688 $6,681 -2.7%
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
5
Independent Members
5
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
3
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROZELLA GRAY EXEC DIRECTOR/CEO 15
Officer Director Key Emp
$0 $0 $0
BEVERLY GAMBRELL ADMINISTRATOR 15
Officer
$0 $0 $0
CARONLY LYLES OFFICER 15
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
2022 $337,679 $349,367 $1,529,596 $-11,688
2021 $419,981 $413,300 $1,537,210 $6,681
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