Quality Communities Alliance Of Te… - Form 990 Financial Data

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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

MARK KILKENNY

Phone

7138606400

Tax Period

2020-01-01 to 2020-12-31

Quality Communities Alliance Of Texas, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $320K in total revenue in fiscal year 2020. Revenue surged 356% from the prior year, signaling strong growth momentum. The organization ran a surplus of $196K, a strong 61% operating margin.

Mission

TO OFFER RESOURCES TO THE PUBLIC THAT EDUCATE, CLARIFY AND COMMUNICATE THE ROLES, FUNCTIONS AND BENEFITS OF TEXAS UTILITY DISTRICTS, AND HOW THEY ENHANCE THE QUALITY OF LIFE FOR RESIDENTS IN THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

THE QUALITY COMMUNITIES ALLIANCE OF TEXAS (THE "CORPORATION") WAS FORMED TO PROMOTE THE SPREAD OF POSITIVE INFORMATION REGARDING THE USE OF SPECIAL DISTRICTS AS A REAL ESTATE DEVELOPMENT VEHICLE...

THE QUALITY COMMUNITIES ALLIANCE OF TEXAS (THE "CORPORATION") WAS FORMED TO PROMOTE THE SPREAD OF POSITIVE INFORMATION REGARDING THE USE OF SPECIAL DISTRICTS AS A REAL ESTATE DEVELOPMENT VEHICLE THROUGHOUT THE STATE OF TEXAS. THERE ARE HUNDREDS OF SUCH SPECIAL DISTRICTS IN THE STATE OF TEXAS. THE CORPORATION WORKS TO PROTECT AND PROMOTE INFORMATION RELATED TO THE FINANCIAL STABILITY OF SPECIAL DISTRICTS IN TEXAS. THE CORPORATION GATHERS DETAILED INFORMATION AND WILL CREATE A FACT-BASED WEBSITE AND ARTICLES RELATED TO SPECIAL DISTRICTS. THE MAIN EXPENSE FOR THE CURRENT FISCAL YEAR AND THE PROJECTED BUDGET OVER THE NEXT THREE YEARS WILL BE COSTS ASSOCIATED WITH MEDIA CONSULTANTS TO ADVANCE SUPPORT FOR SPECIAL DISTRICTS IN TEXAS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $319,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $319,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $123,282

TOTAL EXPENSES $123,282

Year-over-Year Comparison

	2020	2019	Change
Revenue	$319,500	$70,100	+3.6%
Expenses	$123,282	$69,482	+0.8%
Net Income	$196,218	$618	+316.5%

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
Mark Kilkenny	President	1.0	Officer Director	$0	$0	$0
Howard M Cohen	Vice President	1.0	Officer Director	$0	$0	$0
Camm C Lary III	Vice President	1.0	Officer Director	$0	$0	$0
Alex Kamkar	Secretary	1.0	Officer 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
2020	$319,500	$123,282	$197,311	$196,218

Quality Communities Alliance Of Texas