HOUSTON 2026 WORLD CUP ORGANIZING COMMITTEE

EIN: 833753984 Community Improvement

Houston, TX

Total Revenue
$56
Total Expenses
$378,081
Total Assets
$461,868
Net Assets
$-622,301
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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
2019
Legal Domicile
TX
Principal Officer
Tom Waggoner
Phone
7133085910
Tax Period
2022-01-01 to 2022-12-31

HOUSTON 2026 WORLD CUP ORGANIZING COMMITTEE, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $56 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $378K exceeded revenue, resulting in a 675045% operating deficit.

Mission

To earn the City of Houston a spot as a host city for the 2026 FIFA World Cup, and if selected, to successfully organize all activities and events surrounding the 2026 FIFA World Cup in Houston

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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 $0
Program Service Revenue $0
Investment Income $56
Other Revenue $0
TOTAL REVENUE $56

Expense Breakdown

Grants Paid $0
Salaries & Benefits $238,656
Fundraising Expenses $0
Program Expenses $378,081
Other Expenses $139,425
TOTAL EXPENSES $378,081

Year-over-Year Comparison

2022 2021 Change
Revenue $56 $325,864 -1.0%
Expenses $378,081 $887,345 -0.6%
Net Income $-378,025 $-561,481 -0.3%
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
21
Independent Members
21
Employees
1
Volunteers
5

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
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher J Canetti President 40
Highest
$221,525 $0 $221,525
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
2022 $56 $378,081 $461,868 $-378,025
2021 $325,864 $887,345 $301,529 $-561,481
2020 $756,684 $502,481 $367,293 $254,203
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