FUTURE OF TEXAS ELKS TRUST (EIN 812440723) - 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

2016

Legal Domicile

Principal Officer

Tom Hougham

Phone

9729850139

Tax Period

2024-01-01 to 2024-12-31

FUTURE OF TEXAS ELKS TRUST, founded in 2016, is a small nonprofit that reported $878K in total revenue in fiscal year 2024. Expenses of $1.9M exceeded revenue, resulting in a 117% operating deficit.

Mission

Manage the assets of all defunct Texas Lodges with integrity and efficiency so as to advance and nurture the growth of Texas Elkdom.

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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 $0

Investment Income $877,965

Other Revenue $0

TOTAL REVENUE $877,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,903,963

TOTAL EXPENSES $1,903,963

Year-over-Year Comparison

	2024	2023	Change
Revenue	$877,965	$918,497	0.0%
Expenses	$1,903,963	$615,665	+2.1%
Net Income	$-1,025,998	$302,832	-4.4%

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

N/A

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
Jim Stansbury	Treasurer	2.00	Director	$0	$0	$0
Tom Hougham	Chairman	10.00	Officer	$0	$0	$0
Barbara Jarrett	Trustee	10.00	Officer	$0	$0	$0
George Paradise	Secretary	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	$877,965	$1,903,963	$14,522,457	$-1,025,998
2023	$918,497	$615,665	$15,548,455	$302,832
2022	$13,489,561	$68,536	$14,785,057	$13,421,025
2021	$149,129	$21,914	$1,543,434	$127,215
2020	$14,493	$14,224	$1,416,219	$269
2019	$146,650	$9,212	$1,415,950	$137,438
2018	$350,952	$10,164	$1,278,512	$340,788

FUTURE OF TEXAS ELKS TRUST