Texas Land & Mineral Owners Association (EIN 760623244) - 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

1999

Legal Domicile

Phone

5124795000

Tax Period

2023-01-01 to 2023-12-31

Texas Land & Mineral Owners Association, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $266K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $249K left a modest 6% surplus.

Mission

To create a business and legal environment that is accommodating to the continued exploration for, and the production of oil and natural gas by ensuring that the rights of both mineral and surface owners are protected.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $258,070

Investment Income $7,568

Other Revenue $419

TOTAL REVENUE $266,057

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,126

Fundraising Expenses $7,024

Program Expenses $217,524

Other Expenses $158,361

TOTAL EXPENSES $249,487

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,057	$235,374	+0.1%
Expenses	$249,487	$228,142	+0.1%
Net Income	$16,570	$7,232	+1.3%

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

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

$84,518

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas H Daniel	Vice-Chairman	40	Officer Director	$0	$0	$0
EO Scott III	Treasurer	1	Officer Director	$0	$0	$0
James C Broussard	Chairman	1	Officer Director	$0	$0	$0
Kimberley K McTee	Immediate Past Chairman	1	Director	$0	$0	$0
Lorin Runnels	Director	1	Director	$0	$0	$0
John D Alexander Jr	Director	1	Director	$0	$0	$0
Carolyn Frost Keenan	Director	1	Director	$0	$0	$0
Barry Roberts	Director	1	Director	$0	$0	$0
R Neal Wilkins	Director	1	Director	$0	$0	$0
James P Walker Sr	Director	1	Director	$0	$0	$0
Jennifer Bremer	Executive Director	40	Officer	$79,908	$4,610	$84,518

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	No data	No data	No data	No data
2023	$266,057	$249,487	$365,037	$16,570
2022	$235,374	$228,142	$348,237	$7,232
2021	$214,170	$232,263	$341,356	$-18,093
2020	$216,177	$214,660	$378,695	$1,517
2019	$218,105	$227,434	$378,947	$-9,329

Texas Land & Mineral Owners Association