TEXINS DIVE CLUB

EIN: 843261946 Recreation & Sports

Round Rock, TX

Total Revenue
$20,585
Total Expenses
$2,144
Total Assets
$33,600
Net Assets
$33,600
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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
1958
Legal Domicile
TX
Principal Officer
Elaine Patterson
Phone
5124238354
Tax Period
2020-01-01 to 2020-12-31

TEXINS DIVE CLUB, founded in 1958, is a micro nonprofit in the Recreation & Sports sector that reported $21K in total revenue in fiscal year 2020. The organization ran a surplus of $18K, a strong 90% operating margin.

Mission

The Texins Dive Club, now lacking the support of Texas Instruments Incorporated, is primarily engaged in social activities, with an emphasis on diver education, training, and appreciation for conserving and enjoying the underwater environment.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

No special program services.

Program 2
Expenses: $0 Revenue: $0

No special program services.

Program 3
Expenses: $0 Revenue: $0

No special program services.

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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 (2020)

Revenue Breakdown

Contributions & Grants $785
Program Service Revenue $0
Investment Income $0
Other Revenue $19,800
TOTAL REVENUE $20,585

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $2,144
TOTAL EXPENSES $2,144

Year-over-Year Comparison

2020 2019 Change
Revenue $20,585 N/A N/A
Expenses $2,144 N/A N/A
Net Income $18,441 $0 N/A
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
6
Independent Members
N/A
Employees
N/A
Volunteers
35

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elaine Patterson president 3
Officer
$0 $0 $0
John McMasters first vice-president 3
Officer
$0 $0 $0
Mark McKeown second vice-president 3
Officer
$0 $0 $0
Denise Gentile secretary 3
Officer
$0 $0 $0
Michael Stewart board member-at-large 3
Officer
$0 $0 $0
Jay Weber treasurer 3
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
2020 $20,585 $2,144 $33,600 $18,441
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