Houston Claims Association

Nonprofit profile at a glance

EIN
760329209
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Alief, TX, USA
Phone
2819334028
Rating
51
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$59,558
Expenses
$41,341
Assets
$55,185
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • BLAKE ROWE (IMMEDIATE PAST-PRESIDENT)
  • CHARLES HONNER (PRESIDENT)
  • PARADISE TASHOOR (VICE-PRESIDENT)

People named in this filing

  • AKANSHA KHANDELWAL (BOARD OF DIRECTOR)
  • BLAKE ROWE (IMMEDIATE PAST-PRESIDENT)
  • BRANDI DOMEC (BOARD OF DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provides continuing education required by the Texas department of insurance to licensed insurance professionals and providing educational scholarships to its members' children.

What it reported doing in 2024

Provide grants to other organizations to support local development and welfare

Operating model

Revenue model
Other-operating. 93% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 70% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 20
  • Transparency & Controls: 82
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 17%; rating input score 17
  • Program expense ratio: 24.5%; rating input score 24

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 30.6%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 1.33; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 100% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 17% of revenue deployed · 24.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $10K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 17/100.
  • High — Financial Efficiency: Program expense ratio scored 24/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.