LUBBOCK COUNTY EXPO CENTER INC (EIN 832123442) - 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

2018

Legal Domicile

Principal Officer

RANDY JORDAN

Phone

8067948686

Tax Period

2023-01-01 to 2023-12-31

LUBBOCK COUNTY EXPO CENTER INC, founded in 2018, is a small nonprofit in the Education sector that reported $206K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $129K, a strong 63% operating margin.

Mission

PLANNING, DESIGNING, FUNDING, CONSTRUCTING AND ULTIMATELY MANAGEMENT OF A NEW FACILITY TO BE KNOWN AS THE LUBBOCK COUNTY EXPO CENTER.

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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 $399,710

Program Service Revenue $0

Investment Income $1,430

Other Revenue $-194,793

TOTAL REVENUE $206,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,158

Other Expenses $77,158

TOTAL EXPENSES $77,158

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,347	$251,371	-0.2%
Expenses	$77,158	$41,453	+0.9%
Net Income	$129,189	$209,918	-0.4%

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

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
RANDY JORDAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRET LAMKIN	TREASURER	1.00	Officer Director	$0	$0	$0
MARK PUTMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ROB ALLISON	DIRECTOR	1.00	Director	$0	$0	$0
RAY SHORT	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WEATHERS	DIRECTOR	1.00	Director	$0	$0	$0
JAY WINTER	DIRECTOR	1.00	Director	$0	$0	$0
TANYA FOERSTER	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	$206,347	$77,158	$1,107,664	$129,189
2022	$251,371	$41,453	$1,118,974	$209,918
2021	$42,006	$21,626	$725,298	$20,380
2020	$1,462,288	$830,404	$712,235	$631,884

LUBBOCK COUNTY EXPO CENTER INC