SILVER SPURS ALUMNI ASSOCIATION INC (EIN 050579958) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

RICKY BRENNES

Phone

5125895394

Tax Period

2023-01-01 to 2023-12-31

SILVER SPURS ALUMNI ASSOCIATION INC, founded in 2003, is a small nonprofit in the Education sector that reported $535K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $468K left a modest 12% surplus.

Mission

THE PRIMARY PURPOSE OF THE SILVER SPURS ALUMNI ASSOCIATION IS TO SUPPORT:1. SCHOLARSHIPS OF THE UNIVERSITY OF TEXAS AT AUSTIN;2. THE UNIVERSITY OF TEXAS AT AUSTIN OUTREACH PROGRAMS SUCH AS THE NEIGHBORHOOD LONGHORNS PROGRAM, AN EDUCATION INCENTIVE PROGRAM THAT TUTORS LOCAL AUSTIN AREA YOUTH IN 3RD THROUGH 8TH GRADE; AND3. EXPENSES ASSOCIATED WITH THE UNIVERSITY OF TEXAS MASCOT KNOWN AS BEVO.SILVER SPURS ALUMNI ASSOCIATION IS A SEPARATE ENTITY FROM THE TEXAS EXES. MEMBERSHIP IN THE TEXAS EXES DOES NOT TRANSLATE TO MEMBERSHIP IN SILVER SPURS ALUMNI ASSOCIATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $417,949

Program Service Revenue $102,000

Investment Income $0

Other Revenue $14,812

TOTAL REVENUE $534,761

Expense Breakdown

Grants Paid $187,983

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $276,786

Other Expenses $280,028

TOTAL EXPENSES $468,011

Year-over-Year Comparison

	2023	2022	Change
Revenue	$534,761	$389,369	+0.4%
Expenses	$468,011	$415,572	+0.1%
Net Income	$66,750	$-26,203	-3.5%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK RYAN	PRESIDENT	10.00	Officer	$0	$0	$0
MYRON BLALOCK	EXECUTIVE BOARD MEMBER	10.00	Officer	$0	$0	$0
BERT CONLY	EXECUTIVE BOARD MEMBER	10.00	Officer	$0	$0	$0
JASON HARVEY	EXECUTIVE BOARD MEMBER	10.00	Officer	$0	$0	$0
DANIEL HOROWITZ	EXECUTIVE BOARD MEMBER	10.00	Officer	$0	$0	$0
HOWARD NIRKEN	EXECUTIVE BOARD MEMBER	10.00	Officer	$0	$0	$0
BLAKE WILEY	EXECUTIVE BOARD MEMBER	10.00	Officer	$0	$0	$0
STEPHEN LUSKEY	EXECUTIVE BOARD MEMBER	10.00	Officer	$0	$0	$0
SUHRID MANTRAVADI	EXECUTIVE BOARD MEMBER	10.00	Officer	$0	$0	$0
STUART SHARPE	EXECUTIVE BOARD MEMBER	10.00	Officer	$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
2023	$534,761	$468,011	$311,436	$66,750
2022	$389,369	$415,572	$125,112	$-26,203
2021	$318,141	$221,791	$151,315	$96,350
2020	$303,567	$304,334	$54,965	$-767
2019	$390,730	$440,114	$55,732	$-49,384
2018	$280,949	$274,923	$105,116	$6,026

SILVER SPURS ALUMNI ASSOCIATION INC