FABSS TEXAS COALITION

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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

2021

Legal Domicile

Principal Officer

TODD EARDENSOHN

Phone

2026616351

Tax Period

2023-01-01 to 2023-12-31

Mission

FOUNDED ON APRIL 15, 2021, FOUNDERS OF THE FABSS TEXAS COALITION, INFINEON TECHNOLOGIES, NXP AND SAMSUNG AUSTIN SEMICONDUCTOR SOUGHT TO FILL THE VOID OF DIRECT EDUCATION AND ADVOCACY SPECIFICALLY REPRESENTING THE TEXAS SEMICONDUCTOR INDUSTRY. WHILE SEMICONDUCTOR MANUFACTURING COMPANIES AND THEIR CUSTOMERS ARE MEMBERS OF OTHER BUSINESS ASSOCIATIONS AND ALLIANCES, A COORDINATED APPROACH TO THE UNIQUE NEEDS OF THE INDUSTRY WAS NOT BEING ADDRESSED, THUS THE FORMATION OF THE FABSS TEXAS COALITION.

Program Service Accomplishments

Program 1

Expenses: $23,518

WORKED WITH STATE AGENCIES ON RULEMAKING TO CONSIDER THE UNIQUE REQUIREMENTS OF THE SEMICONDUCTOR MANUFACTURING INDUSTRY.PROVIDED ADVOCACY FOR STATE POLICIES TO SUPPORT GROWTH IN THE SEMICONDUCTOR...

WORKED WITH STATE AGENCIES ON RULEMAKING TO CONSIDER THE UNIQUE REQUIREMENTS OF THE SEMICONDUCTOR MANUFACTURING INDUSTRY.PROVIDED ADVOCACY FOR STATE POLICIES TO SUPPORT GROWTH IN THE SEMICONDUCTOR SECTOR.

Program 2

Expenses: $25,000

ESTABLISHMENT OF THE FABSS TEXAS COALITION ENDOWED SCHOLARSHIP.THE PURPOSE OF THIS ENDOWED SCHOLARSHIP SHALL BE TO PROVIDE RECOGNITION AND FINANCIAL ASSISTANCE TO STUDENTSENROLLED IN THE...

ESTABLISHMENT OF THE FABSS TEXAS COALITION ENDOWED SCHOLARSHIP.THE PURPOSE OF THIS ENDOWED SCHOLARSHIP SHALL BE TO PROVIDE RECOGNITION AND FINANCIAL ASSISTANCE TO STUDENTSENROLLED IN THE MANUFACTURING OR ENGINEERING TECHNOLOGY PROGRAMS AT ACC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,518

Other Expenses $25,195

TOTAL EXPENSES $50,195

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$485,000	-1.0%
Expenses	$50,195	$454,805	-0.9%
Net Income	N/A	$30,195	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

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
JERRY STRICKLAND	EXECUTIVE DIRECTOR	0.50	Director	$0	$0	$0
MEG HARDON	PRESIDENT	0.50	Officer	$0	$0	$0
TODD EARDENSOHN	TREASURER	0.50	Officer	$0	$0	$0
CHELSEA BACHER	SECRETARY	0.50	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
2023	No data	$50,195	No data	No data
2022	$485,000	$454,805	$50,195	$30,195
2021	$490,000	$470,000	$20,000	$20,000