ECHO WEST TEXAS (EIN 871319935) - 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

2021

Principal Officer

DAVID ALDERSON

Phone

8069280416

Tax Period

2024-01-01 to 2024-12-31

ECHO WEST TEXAS, founded in 2021, is a micro nonprofit in the Human Services sector that reported $58K in total revenue in fiscal year 2024. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $263K exceeded revenue, resulting in a 351% operating deficit.

Mission

PROVIDE SHELTER AND OTHER RESOURCES TO HOMELESS INDIVIDUALS IN THE LUBBOCK, TEXAS AREA.

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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 $53,633

Program Service Revenue $0

Investment Income $4,757

Other Revenue $0

TOTAL REVENUE $58,390

Expense Breakdown

Grants Paid $211

Salaries & Benefits $187,154

Fundraising Expenses $17,889

Program Expenses $178,859

Other Expenses $76,042

TOTAL EXPENSES $263,407

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,390	$416,247	-0.9%
Expenses	$263,407	$133,002	+1.0%
Net Income	$-205,017	$283,245	-1.7%

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

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
NEAL BARRON	DIRECTOR	0.50	Director	$0	$0	$0
RYAN BRAUS	DIRECTOR	0.50	Director	$0	$0	$0
WALTER CATHEY	DIRECTOR	0.50	Director	$0	$0	$0
ED ESPINOZA	DIRECTOR	0.50	Director	$0	$0	$0
JOSH HURST	DIRECTOR	0.50	Director	$0	$0	$0
LATRELLE JOY	DIRECTOR	0.50	Director	$0	$0	$0
JERRIANN MOORE	DIRECTOR	0.50	Director	$0	$0	$0
KAREN MURFEE	DIRECTOR	0.50	Director	$0	$0	$0
NICHOLAS SKEEN	DIRECTOR	0.50	Director	$0	$0	$0
JAMIE WARREN	DIRECTOR	0.50	Director	$0	$0	$0
DAVID ALDERSON	PRESIDENT	1.50	Officer	$0	$0	$0
CHAD HILL	TREASURER	1.50	Officer	$0	$0	$0
JERRY RAMIREZ	SECRETARY	1.50	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
2024	$58,390	$263,407	$184,860	$-205,017
2023	$216,248	$140,130	$176,100	$76,118

ECHO WEST TEXAS