7X24 EXCHANGE LONESTAR CHAPTER (EIN 820566296) - 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

2004

Legal Domicile

Principal Officer

ANDREW T FLOURNOY

Phone

9728272612

Tax Period

2023-08-01 to 2024-07-31

7X24 EXCHANGE LONESTAR CHAPTER, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $125K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $119K left a modest 5% surplus.

Mission

LONE STAR 7X24 IS AN EDUCATIONAL FORUM BRINGING TOGETHER THE INFORMATION SERVICES/COMPUTER TECHNOLOGY/FACILITY & ENGINEERING FUNCTIONS OF USER ORGANIZATIONS TO PROMOTE DESIGN, IMPLEMENTATION AND MANAGEMENT ISSUES IN ACHIEVING HIGH LEVELS OF UNINTERRUPTED INFRASTRUCTURE UPTIME.

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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 $82,256

Program Service Revenue $0

Investment Income $103

Other Revenue $42,386

TOTAL REVENUE $124,745

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,718

Other Expenses $113,718

TOTAL EXPENSES $118,718

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,745	$105,190	+0.2%
Expenses	$118,718	$86,595	+0.4%
Net Income	$6,027	$18,595	-0.7%

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
ALAN RITCHIE	BOARD MEMBER	2.00	Officer	$0	$0	$0
CORY PLUNK	BOARD MEMBER	2.00	Officer	$0	$0	$0
DUTCH WICKES	BOARD MEMBER	2.00	Officer	$0	$0	$0
ANDREW FLOURNOY	BOARD MEMBER	2.00	Officer	$0	$0	$0
IAN NELSON	BOARD MEMBER	2.00	Officer	$0	$0	$0
NATHAN HAZELWOOD	BOARD MEMBER	2.00	Officer	$0	$0	$0
JASON HANNA	BOARD MEMBER	2.00	Officer	$0	$0	$0
STEVE FARABAUGH	BOARD MEMBER	2.00	Officer	$0	$0	$0
WADE POFF	BOARD MEMBER	2.00	Officer	$0	$0	$0
RANDY SLAGLE	BOARD MEMBER	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
2024	$124,745	$118,718	$88,501	$6,027
2023	$105,190	$86,595	$81,620	$18,595
2022	$-13,207	$9,690	$71,301	$-22,897

7X24 EXCHANGE LONESTAR CHAPTER