TEXAS HYDROGEN ALLIANCE

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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

LAURA MERTEN

Phone

9792702045

Tax Period

2025-01-01 to 2025-12-31

TEXAS HYDROGEN ALLIANCE, founded in 2021, is a small nonprofit in the Environment sector that reported $211K in total revenue in fiscal year 2025. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $241K exceeded revenue, resulting in a 15% operating deficit.

Mission

OUR MISSION IS TO BROADEN AND ENHANCE THE UNDERSTANDING OF OPPORTUNITIES FOR HYDROGEN IN TEXAS AND ADVOCATE FOR RESHAPING THE STATES POLICY AND REGULATORY FRAMEWORK TO EXPEDITE THE ADOPTION OF HYDROGEN TECHNOLOGY. WITH THE OVERALL GOAL TO SUPPORT AND MAINTAIN THE STATES POSITION AS THE ENERGY CAPITOL OF THE WORLD, A COALITION OF INDUSTRY LEADERS HAS ASSEMBLED TO PURSUE THIS TASK. THE FOCUS IS ON MULTIPLE ASPECTS OF THE HYDROGEN INDUSTRY INCLUDING EXISTING AND FUTURE PRODUCTION, TRANSPORTATION AND ZERO-EMISSION FREIGHT MOVEMENT, STORAGE AND REFUELING INFRASTRUCTURE, PRODUCTION AND DISTRIBUTION OF LOW CARBON INTENSITY (CI) HYDROGEN, ELECTRICITY GRID RESILIENCY, ENERGY STORAGE, HYDROGEN FROM WASTE, CREATION OF HYDROGEN HUBS, ALL CAPITALIZING ON THE SYNERGIES BETWEEN NATURAL GAS AND HYDROGEN. THE ALLIANCE WILL ENGAGE WITH POLICY-MAKERS, REGULATORS, AND THE GREATER PUBLIC IN BOTH EDUCATION AND ADVOCACY ACTIVITIES. WHILE THE PRIMARY FOCUS OF THA WILL BE ON TEXAS, THE ALLIANCE WILL SEEK TO IN

Program Service Accomplishments

Program 1

HOSTED MEMBER MEETINGS WITH STATE LEGISLATORS DURING 89TH LEGISLATIVE SESSION TO EDUCATE OFFICES ON HYDROGEN. DEVELOPED ONE PAGE INFORMATIONAL SHEETS ON HYDROGEN, TRANSPORTATION AND WATER USAGE FOR STAFFERS AND LEGISLATORS. INTRODUCED LEGISLATION DURING THE SESSION (NOTHING PASSED). HOSTED TEXAS HYDROGEN DAY AT THE STATE CAPITOL. HOSTED MONTHLY MEMBER MEETINGS VIRTUALLY FEATURING KEY SPEAKERS. CO-SPONSORED TEXAS HYDROGEN WORKSHOP WITH SOUTHWESTERN RESEARCH INSTITUTE. ACTIVELY PARTICIPATED IN OVER 15 CONFERENCES. HELD THE FIRST HYDROGEN TRAINING FOR FIRST RESPONDERS AND FIRE MARSHALS AT THE UT H2 PROTOHUB IN AUSTIN. HELD FIRST WEEKLONG HYDROGEN WEEK FEATURING DAILY PRESENTATIONS FROM VARIOUS TEXAS UNIVERSITIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $210,564

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $210,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $241,377

TOTAL EXPENSES $241,377

Year-over-Year Comparison

	2025	2024	Change
Revenue	$210,564	$382,850	-0.5%
Expenses	$241,377	$281,252	-0.1%
Net Income	$-30,813	$101,598	-1.3%

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
LAURA MERTEN	CHAIRMAN	N/A	Officer Director	$0	$0	$0
BILL ZOBEL	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
MICHAEL MARTINEZ	TREASURER	N/A	Officer Director	$0	$0	$0
LAWRENCE MC CORMACK	SECRETARY	N/A	Officer Director	$0	$0	$0
JULIE WILLIAMS	DIRECTOR	N/A	Director	$0	$0	$0
BOB OESTERRICH	DIRECTOR	N/A	Director	$0	$0	$0
ALESSANDRO FALDI	DIRECTOR	N/A	Director	$0	$0	$0
LILYANNE MC CLEAN	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD BYRNES	DIRECTOR	N/A	Director	$0	$0	$0
HESSTON KLENK	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS SHUGART	DIRECTOR	N/A	Director	$0	$0	$0
RILEY STINNETT	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN BOUDREAUX	DIRECTOR	N/A	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
2025	$210,564	$241,377	$140,395	$-30,813
2024	No data	No data	No data	No data
2023	$242,814	$185,994	$71,441	$56,820