Texas Center for Local Food (EIN 834492979) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Michelle Akindiya

Phone

5124961244

Tax Period

2024-01-01 to 2024-12-31

Texas Center for Local Food, founded in 2019, is a small nonprofit in the Human Services sector that reported $950K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $863K left a modest 9% surplus.

Mission

The Texas Center for Local Food provides education, research, and technical assistance to create regional food systems in Texas that support prosperous family farms, healthy Texans and vibrant rural economies.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $861,968

Program Service Revenue $87,540

Investment Income $20

Other Revenue $0

TOTAL REVENUE $949,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $547,914

Fundraising Expenses $10

Program Expenses $845,109

Other Expenses $315,518

TOTAL EXPENSES $863,432

Year-over-Year Comparison

	2024	2023	Change
Revenue	$949,528	$776,420	+0.2%
Expenses	$863,432	$798,991	+0.1%
Net Income	$86,096	$-22,571	-4.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$75,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sue Beckwith	Executive Dir.	40.00	Director	$75,000	$0	$75,000
Bethany Boggess Alcauter	Director	2.00	Director	$0	$0	$0
Michelle Akindiya	President	2.00	Officer	$0	$0	$0
Dr Sheri L Smith	Vice President	2.00	Officer	$0	$0	$0
Yalanda Henderson thru 225	Secretary	2.00	Officer	$0	$0	$0
Jose Aguirre	Treasurer	2.00	Officer	$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	$949,528	$863,432	$86,393	$86,096
2023	$776,420	$798,991	$19,026	$-22,571
2022	$484,804	$483,671	$23,745	$1,133
2021	$209,871	$248,682	$12,729	$-38,811

Texas Center for Local Food