Friends of TRTF (EIN 844065430) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

Rene I Dominguez

Phone

2105912456

Tax Period

2024-01-01 to 2024-12-31

Friends of TRTF, founded in 2019, is a micro nonprofit in the Diseases & Disorders sector that reported $72K in total revenue in fiscal year 2024. The organization ran a surplus of $67K, a strong 93% operating margin.

Mission

To support Texas Research and Technology Foundation (TRTF) through the Federal New Markets Tax Credit Program.

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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 (2024)

Revenue Breakdown

Contributions & Grants $-311

Program Service Revenue $0

Investment Income $72,427

Other Revenue $0

TOTAL REVENUE $72,116

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,292

TOTAL EXPENSES $5,292

Year-over-Year Comparison

	2024	2023	Change
Revenue	$72,116	$72,427	0.0%
Expenses	$5,292	$71	+73.5%
Net Income	$66,824	$72,356	-0.1%

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

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

$624,931

Total Directors

$624,931

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rene I Dominguez	Chairman and CEO	40.00	Officer Director	$0	$19,586	$359,357
Rick A Hernandez	Secretary and Treasurer	40.00	Officer Director	$0	$13,562	$265,574
Ken Recter	Director	3.00	Director	$0	$0	$0
Eric Roe Peterson	Director	3.00	Director	$0	$0	$0
Robert Reed Bentley	Director	3.00	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
2024	$72,116	$5,292	$7,604,936	$66,824
2023	$72,427	$71	$7,532,838	$72,356
2022	$72,738	$788	$7,460,482	$71,950
2021	$73,212	$1,153	$7,387,837	$72,059
2020	$72,829	$51	$7,315,478	$72,778
2019	$7,242,700	No data	$7,242,700	No data

Friends of TRTF