Texas City Foreign Trade Zone Corporation
Nonprofit profile at a glance
- EIN
- 760389058
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Texas City, TX, USA
- Phone
- 4099483111
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $125,202
- Expenses
- $9,118
- Assets
- $284,313
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- JUDITH SILVA (DIRECTOR)
- RANDY DIETEL (VICE CHAIRPE)
- WILLIAM ETHEREDGE (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
To operate a foreign trade zone pursuant to the foreign trade zones act of 1934, as amended, 19 U.S.c.-81a.
What it reported doing in 2024
Conducting conceptual development study of shoal point and surrounding areas of interest, and operation of the foreign trade zone as described.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 28
- Transparency & Controls: 82
- Sustainability: 83
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.7%; rating input score 5
- Program expense ratio: 65.1%; rating input score 65
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 92.7%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 31.18; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -7.5% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: -4.8% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 4.7% of revenue deployed · 65.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 16 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 — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.