HABTEX MORTGAGE SERVICES

EIN: 922428364 501(c)(3) Philanthropy & Grantmaking

BUDA, TX

Total Revenue
$314,612
Total Expenses
$421,801
Total Assets
$1,136,396
Net Assets
$-288,802
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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
2023
Legal Domicile
TX
Principal Officer
AMY LEDBETTER PARHAM
Phone
5125235725
Tax Period
2024-07-01 to 2025-06-30

HABTEX MORTGAGE SERVICES, founded in 2023, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $315K in total revenue in fiscal year 2024. Expenses of $422K exceeded revenue, resulting in a 34% operating deficit.

Mission

HABTEX ENVISIONS MAKING AFFORDABLE HOMEOWNERSHIP ACCESSIBLE, FOSTERING STRONGER COMMUNITIES, AND BUILDING BRIGHTER FUTURES FOR TEXAS FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $314,612
Investment Income $0
Other Revenue $0
TOTAL REVENUE $314,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $288,711
Fundraising Expenses $28,871
Program Expenses $297,603
Other Expenses $133,090
TOTAL EXPENSES $421,801

Year-over-Year Comparison

2024 2023 Change
Revenue $314,612 N/A N/A
Expenses $421,801 $181,613 +1.3%
Net Income $-107,189 $-181,613 -0.4%
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
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY LEDBETTER PARHAM BOARD CHAIR 5.00
Director
$0 $0 $0
PHILIP STACY DIRECTOR 1.00
Director
$0 $0 $0
CRAIG CHICK DIRECTOR 1.00
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
2025 $314,612 $421,801 $1,136,396 $-107,189
2024 No data No data No data No data
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