Matagorda Co Area Go Texans

Nonprofit profile at a glance

EIN
208819072
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
Bay City, TX, USA
Phone
3616485848
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$21,087
Expenses
$28,987
Assets
$57,254

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

Leadership & pay

3 people listed

Executive titles in this filing

  • DAVID CLARK (President)

People named in this filing

  • DAVID CLARK (President)
  • ANGEL CERCEO (Treasurer)
  • MELANIE TOWNSEMD (Secretary)

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

To raise money for scholarships to Matagorda County, Texas high school seniors desiring to attend college and to finance future fund raising events as well as promote the Houston Livestock Show and Rodeo.

What it reported doing in 2024

To raise money for scholarships available to Matagorda County, Texas High School Seniors desiring to attend college as well as finance future fund raising events to promote the Houston Lives Show and Rodeo.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.4%; rating input score 97

Transparency & Controls

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

Sustainability

  • Operating margin: -37.5%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 1.98; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 5.1% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 10.7% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 9% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $28K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2009 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 — Sustainability: Operating margin scored 16/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.