Houston Freedmen's Town Conservancy Inc

EIN: 832421452 501(c)(3) Community Improvement

Houston, TX

Total Revenue
$821,797
Total Expenses
$390,687
Total Assets
$1,367,317
Net Assets
$1,347,713
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
TX
Principal Officer
Eileen Lawal
Phone
7133664212
Tax Period
2024-01-01 to 2024-12-31

Houston Freedmen's Town Conservancy Inc, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $822K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $431K, a strong 52% operating margin.

Mission

To protect and preserve Freedmen's Town's history for future generations' benefit.

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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 (2024)

Revenue Breakdown

Contributions & Grants $813,968
Program Service Revenue $6,767
Investment Income $1,062
Other Revenue $0
TOTAL REVENUE $821,797

Expense Breakdown

Grants Paid $250
Salaries & Benefits $258,368
Fundraising Expenses $64,260
Program Expenses $197,280
Other Expenses $132,069
TOTAL EXPENSES $390,687

Year-over-Year Comparison

2024 2023 Change
Revenue $821,797 $630,563 +0.3%
Expenses $390,687 $433,077 -0.1%
Net Income $431,110 $197,486 +1.2%
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
14
Independent Members
14
Employees
4
Volunteers
14

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
5
$79,547
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eileen Lawal President 4.00
Officer Director
$0 $0 $0
Harry Johnson Vice President 2.00
Officer Director
$0 $0 $0
Lauren Randle Secretary 2.00
Officer Director
$0 $0 $0
Daimian Hines Treasurer 2.00
Officer Director
$0 $0 $0
Bill Baldwin Member 2.00
Director
$0 $0 $0
Jacqueline Bostic Member 2.00
Director
$0 $0 $0
Sherwin Bryant Member 2.00
Director
$0 $0 $0
Marja Crockett Member 2.00
Director
$0 $0 $0
Chukwudi Egbuonu Member 2.00
Director
$0 $0 $0
Dorris Ellis-Robinson Member 2.00
Director
$0 $0 $0
Meaghan Johnson Member 2.00
Director
$0 $0 $0
Kent Lucas Member 2.00
Director
$0 $0 $0
Sultana Mangalji Member 2.00
Director
$0 $0 $0
Vernon Moses Member 2.00
Director
$0 $0 $0
Sharon Fletcher Executive Director 40.00
Officer
$79,547 $0 $79,547
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 $821,797 $390,687 $1,367,317 $431,110
2023 $630,563 $433,077 $1,172,390 $197,486
2022 $676,951 $297,422 $963,187 $379,529
2021 $313,484 $246,610 $344,751 $66,874
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