TEXAS ASSOCIATION OF CRANE OWNERS (EIN 800202622) - 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

2008

Legal Domicile

Principal Officer

GLENN REX

Phone

2814404380

Tax Period

2024-01-01 to 2024-12-31

TEXAS ASSOCIATION OF CRANE OWNERS, founded in 2008, is a small nonprofit in the Unknown sector that reported $262K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $71K, a strong 27% operating margin.

Mission

TO EDUCATE, COMMUNICATE WITH, SUPPORT AND PROMOTE THE MOBILE CRANE FOR THE BENEFIT OF MEMBERS, EMPLOYEES, AND GENERAL PUBLIC.

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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 $193,250

Program Service Revenue $0

Investment Income $3,726

Other Revenue $65,207

TOTAL REVENUE $262,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $191,371

TOTAL EXPENSES $191,371

Year-over-Year Comparison

	2024	2023	Change
Revenue	$262,183	$225,222	+0.2%
Expenses	$191,371	$163,902	+0.2%
Net Income	$70,812	$61,320	+0.2%

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

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
KENNETH LOOKINGINGBILL	PRESIDENT	1.00	Officer Director	$0	$0	$0
PHILLIP CORDOVA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DEAN BARLEY	DIRECTOR	1.00	Director	$0	$0	$0
CALVIN JONES	DIRECTOR	1.00	Director	$0	$0	$0
KEITH MCKEE	DIRECTOR	1.00	Director	$0	$0	$0
TREVOR MCREYNOLDS	TREASURER	1.00	Director	$0	$0	$0
MARVIN OHLENBUSCH	DIRECTOR	1.00	Director	$0	$0	$0
ALLAN WOODRUFF	DIRECTOR	1.00	Director	$0	$0	$0
GLENN REX	EXECUTIVE DIRECTOR	2.00	Officer	$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	$262,183	$191,371	$258,697	$70,812
2023	$225,222	$163,902	$187,885	$61,320

TEXAS ASSOCIATION OF CRANE OWNERS