WEST TEXAS YOUTH DEVELOPMENT INC

EIN: 830777833 501(c)(3) Recreation & Sports

MIDLAND, TX

Total Revenue
$898,506
Total Expenses
$610,462
Total Assets
$2,394,435
Net Assets
$2,319,685
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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
2018
Legal Domicile
TX
Principal Officer
LIZ MCCORMICK
Phone
4322422510
Tax Period
2022-01-01 to 2022-12-31

WEST TEXAS YOUTH DEVELOPMENT INC, founded in 2018, is a small nonprofit in the Recreation & Sports sector that reported $899K in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $288K, a strong 32% operating margin.

Mission

First Tee is a youth development organization that enables kids to build the strength of character that empowers them through a lifetime of new challenges. By seamlessly integrating the game of golf with a life skills curriculum, we create active learning experiences that build values like inner strength, self-confidence and resilience that kids can carry to everything they do.

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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 (2022)

Revenue Breakdown

Contributions & Grants $866,178
Program Service Revenue $32,328
Investment Income $0
Other Revenue $0
TOTAL REVENUE $898,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $149,680
Fundraising Expenses $3,721
Program Expenses $429,809
Other Expenses $460,782
TOTAL EXPENSES $610,462

Year-over-Year Comparison

2022 2021 Change
Revenue $898,506 $1,091,413 -0.2%
Expenses $610,462 $269,503 +1.3%
Net Income $288,044 $821,910 -0.6%
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
12
Independent Members
12
Employees
1
Volunteers
20

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
2
$178,349
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM KIRBY Executive Dir. 40.00
Officer
$178,349 $0 $178,349
TONY FARISH President 1.00
Officer Director
$0 $0 $0
ALEX BEAL Director 1.00
Director
$0 $0 $0
ARON MARQUEZ Director 1.00
Director
$0 $0 $0
CHRIS HUBBARD Director 1.00
Director
$0 $0 $0
CHUCK FARMER Director 1.00
Director
$0 $0 $0
JASON HAMM Director 1.00
Director
$0 $0 $0
JORDAN DAVIS Director 1.00
Director
$0 $0 $0
LANE BRANUM Director 1.00
Director
$0 $0 $0
DR MIKE WHITEHEAD Director 1.00
Director
$0 $0 $0
PRICE MONCRIEF Director 1.00
Director
$0 $0 $0
WILL CHRISTENSEN Director 1.00
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
2024 No data No data No data No data
2023 No data No data No data No data
2022 $898,506 $610,462 $2,394,435 $288,044
2021 $1,091,413 $269,503 $2,031,641 $821,910
2020 $1,065,121 $190,722 $1,211,813 $874,399
2019 $357,538 $70,805 $335,332 $286,733
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