GOLDEN RULE SERVICES INC

EIN: 760470067 501(c)(3) Human Services

PEARLAND, TX

Total Revenue
$5,412,699
Total Expenses
$5,709,416
Total Assets
$620,777
Net Assets
$553,162
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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
1995
Legal Domicile
TX
Principal Officer
DANIEL ARMOND
Phone
2819972295
Tax Period
2023-09-01 to 2024-08-31

GOLDEN RULE SERVICES INC, founded in 1995, is a community nonprofit in the Human Services sector that reported $5.4M in total revenue in fiscal year 2023.

Mission

PROVIDES SERVICE TO PEOPLE WITH DISABILITIES

Program Service Accomplishments

Program 1
Expenses: $4,327,258 Revenue: $5,388,892

SET UP PROGRAMS, INCLUDING HOUSING AND STAFF COVERAGE TO APPROXIMATELY 190 INDIVIDUALS FOR THE PURPOSE OF PROVIDING SERVICES, INCLUDING CASE MANAGEMENT, RESIDENTIAL, SKILLS TRAINING, DAY...

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SET UP PROGRAMS, INCLUDING HOUSING AND STAFF COVERAGE TO APPROXIMATELY 190 INDIVIDUALS FOR THE PURPOSE OF PROVIDING SERVICES, INCLUDING CASE MANAGEMENT, RESIDENTIAL, SKILLS TRAINING, DAY HABILITATION, NURSING, COUNSELING AND THERAPIES, DENTAL, MINOR HOME MODIFICATIONS, ADAPTIVE AIDS AND RESPITE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,388,892
Investment Income $-2,472
Other Revenue $26,279
TOTAL REVENUE $5,412,699

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,507,816
Fundraising Expenses $0
Program Expenses $4,379,537
Other Expenses $4,201,600
TOTAL EXPENSES $5,709,416

Year-over-Year Comparison

2023 2022 Change
Revenue $5,412,699 $5,602,680 0.0%
Expenses $5,709,416 $5,792,061 0.0%
Net Income $-296,717 $-189,381 +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

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Governance

Voting Members
5
Independent Members
3
Employees
60
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
2
$193,445
Total Directors
5
$193,445
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL ARMOND PRESIDENT/CE 40.00
Officer Director
$94,585 $0 $94,585
BARBARA ARMOND VP/TREASURER 40.00
Officer Director
$98,860 $0 $98,860
CARRIE MULLINS BOARD MEMBER N/A
Director
$0 $0 $0
RONEY MCCRARY BOARD MEMBER N/A
Director
$0 $0 $0
CAROLYN KARBOWSKI BOARD MEMBER 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
2025 No data No data No data No data
2024 $5,412,699 $5,709,416 $620,777 $-296,717
2023 $5,602,680 $5,792,061 $919,194 $-189,381
2022 $4,972,981 $5,151,867 $1,112,890 $-178,886
2021 $5,521,282 $5,306,579 $2,699,306 $214,703
2020 $5,336,483 $5,364,484 $3,185,896 $-28,001
2019 $5,680,495 $5,733,643 $2,832,529 $-53,148
2018 $5,764,215 $6,108,624 $2,763,522 $-344,409
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