Austin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Jobs for Texas, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $654K in total revenue in fiscal year 2022. Revenue surged 4260% from the prior year, signaling strong growth momentum. The organization ran a surplus of $243K, a strong 37% operating margin.
Jobs for Texas (JFT) brings together all sectors of the Texas business and economic development community under one umbrella to undertake legislative initiatives that require a coordinated statewide effort. Unlike other industry, trade, and business associations, JFT only becomes active when legislation is of such great importance to the Texas business climate that it demands a united, univocal response.
In the wake of the expiration of Chapter 313, Tax Code, which provided an incentive for business and industry seeking to make substantial capital investments in the Texas economy, JFT came together...
In the wake of the expiration of Chapter 313, Tax Code, which provided an incentive for business and industry seeking to make substantial capital investments in the Texas economy, JFT came together once more to conduct research and to explore the formulation of a new incentive program that would keep Texas competitive with other states. This effort involved extensive discussions with policymakers with regard to a path forward, as well as the collection of a useful trove of data that may form the basis of a legislative initiative in 2023 and beyond.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $654,000 | $15,000 | +42.6% |
| Expenses | $410,527 | $26,737 | +14.4% |
| Net Income | $243,473 | $-11,737 | -21.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| George Christian | President | 2.00 |
Officer
Director
|
$9,783 | $0 | $9,783 |
| Carol Sims | Sec/Treasurer | 2.00 |
Officer
Director
|
$2,500 | $0 | $2,500 |
| Hector Rivero | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tony Bennett | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Todd Staples | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $654,000 | $410,527 | $244,043 | $243,473 |
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