AMERI TEX NEVER FORGOTTEN FOUNDATION

EIN: 822135658 501(c)(3)

WHITEHOUSE, TX

Total Revenue
$9,555
Total Expenses
$10,243
Total Assets
$1,652
Net Assets
$1,652
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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
2017
Legal Domicile
TX
Tax Period
2018-01-01 to 2018-12-31

AMERI TEX NEVER FORGOTTEN FOUNDATION, founded in 2017, is a micro nonprofit that reported $10K in total revenue in fiscal year 2018. Revenue surged 59% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE ASSISTANCE AND SUPPORT FOR VETERANS AND THEIR FAMILIES; TO MAKE GRANTS TO OTHER RECOGNIZED CHARITABLE FOUNDATIONS AND ORGANIZATIONS AND VETERANS SERVICE ORGANIZATIONS TO CARRY OUT THE CHARITABLE PURPOSES OF THIS CORPORATION; TO MAKE GRANTS A

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $9,555
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $9,555

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,243
Other Expenses $10,243
TOTAL EXPENSES $10,243

Year-over-Year Comparison

2018 2017 Change
Revenue $9,555 $6,005 +0.6%
Expenses $10,243 $3,710 +1.8%
Net Income $-688 $2,295 -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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAYTON VICKERS DIRECTOR 5.00
Director
$0 $0 $0
MARK A WHITELAND DIRECTOR 5.00
Director
$0 $0 $0
JOHN T FURLOW DIRECTOR 5.00
Director
$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
2018 $9,555 $10,243 $1,652 $-688
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