TEXANA PLANTATION HOMEOWNERS ASSN (EIN 760563194) - 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

1997

Legal Domicile

Phone

7133297100

Tax Period

2024-01-01 to 2024-12-31

TEXANA PLANTATION HOMEOWNERS ASSN, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $462K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $625K exceeded revenue, resulting in a 35% operating deficit.

Mission

To maintain, preserve, and improve all common areas including fountains,ponds,lakes and other recreational areas for the benefit and welfare of the owners, residents, and visitors to the community.

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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 $428,000

Investment Income $30,051

Other Revenue $4,047

TOTAL REVENUE $462,098

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $602,332

Other Expenses $625,120

TOTAL EXPENSES $625,120

Year-over-Year Comparison

	2024	2023	Change
Revenue	$462,098	$413,590	+0.1%
Expenses	$625,120	$419,159	+0.5%
Net Income	$-163,022	$-5,569	+28.3%

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
Gerald Brown	Director	2.00	Director	$0	$0	$0
Mark Hulse	President	2.00	Officer Director	$0	$0	$0
Timothy Byers	Vice President	2.00	Officer Director	$0	$0	$0
Fredrick Shimek	Treasurer	2.00	Officer Director	$0	$0	$0
Vicki Bernstein	Secretary	2.00	Officer 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	$462,098	$625,120	$734,915	$-163,022
2023	$413,590	$419,159	$934,875	$-5,569

TEXANA PLANTATION HOMEOWNERS ASSN