Southwest Tow Operators

Nonprofit profile at a glance

EIN
141952800
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Plano, TX, USA
Phone
9722479454
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$429,856
Expenses
$449,344
Assets
$120,616
Liabilities
$2,613

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

Leadership & pay

8 people listed

Executive titles in this filing

  • GARY HOFFMAN (PRESIDENT)
  • THOMAS ANDERSON (EXECUTIVE DIRECTOR)

People named in this filing

  • GARY HOFFMAN (PRESIDENT)
  • DIVID ESCALERA (VP)
  • RICK GARRISON (VP)

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

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

Overview

Mission

T0 provide resources for towing industry members to stay up-to-date on towing laws & regulations, industry news & towing industry practices. To provide continuing education classes for members & non-members & administrators driver certification test for both members & non-memb

What it reported doing in 2024

Southwest tow operators has developed the most technologically advanced information network in the towing industry that has allowed us to deliver up to the minute news, Texas laws and rules knowledge, and much more to allow for our members to be the most informed towers in the industry. We delvier this informaiton through classroom, meetings, website, email, facsimile, forums, blogs, newsletters, social media (facebook, tweeter), full time staff, and through trade shows. Our information network assists an average of 7,550 towers statewide in Texas. We have certified over 50% of all towers in Texas to allow them to obtain their towing license in the state of Texas. This certification program is used by all of our members. Some members were already certified by another certification program before ours was available. Our certification program has become a premier program that is relied upon by all members of our association. Werhave certified 1,078 towers in Texas in 2015. Southwest tow operators has train 1,574 towers in 2015 in professional development and continuing education programs all across the state of Texas. Our members experience a high quality training program instructed by highly qualified training instructors they are able to meet their requirements under state law for professional development and continuing education needs. We have also developed programs to assist towing companies in learning the laws and rules that govern them. These services are provided to all of us.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Accountability: 76
  • Sustainability: 31
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -4.5%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 0.6% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 350 of 350 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $449K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2010 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.