TEXAS RICE INDUSTRY COALITION FOR T ENVIRONMENT (EIN 760447336) - 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

1994

Legal Domicile

Principal Officer

WILLIAM K STRANSKY

Phone

9796379476

Tax Period

2024-01-01 to 2024-12-31

TEXAS RICE INDUSTRY COALITION FOR T ENVIRONMENT, founded in 1994, is a small nonprofit in the Environment sector that reported $401K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $472K exceeded revenue, resulting in a 18% operating deficit.

Mission

BUILD A COALITION OF INTERESTS TO FOSTER AND STRENGTHEN RELATIONSHIPS BETWEEN THE RICE INDUSTRY AND THE NATURAL RESOURCES OF OUR RICE PRODUCING AREA.

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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 $395,554

Program Service Revenue $0

Investment Income $2,255

Other Revenue $2,905

TOTAL REVENUE $400,714

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,737

Fundraising Expenses $0

Program Expenses $468,340

Other Expenses $402,463

TOTAL EXPENSES $472,200

Year-over-Year Comparison

	2024	2023	Change
Revenue	$400,714	$757,837	-0.5%
Expenses	$472,200	$619,731	-0.2%
Net Income	$-71,486	$138,106	-1.5%

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

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
LARRY GORE	DIRECTOR	N/A	Director	$0	$0	$0
LAURANCE H ARMOUR III	PRESIDENT &	N/A	Officer Director	$0	$0	$0
MARY VAN KERREBROOK	DIRECTOR	N/A	Director	$0	$0	$0
STEVE PARKER	DIRECTOR	N/A	Director	$0	$0	$0
LOWELL RAUN	TREASURER &	N/A	Officer Director	$0	$0	$0
WILLIAM K STRANSKY	EXECUTIVE DI	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
2024	$400,714	$472,200	$1,060,086	$-71,486
2023	$757,837	$619,731	$1,131,572	$138,106
2022	$372,429	$361,161	$1,008,466	$11,268
2021	$317,149	$332,332	$1,002,198	$-15,183
2020	$319,304	$277,171	$1,027,031	$42,133
2019	$509,737	$820,394	$975,248	$-310,657
2018	$558,073	$674,027	$1,342,541	$-115,954

TEXAS RICE INDUSTRY COALITION FOR T ENVIRONMENT