ACADEMY FUNDING OF BASTROP

EIN: 113766057 501(c)(3) Education

Bastrop, TX

Total Revenue
$165,463
Total Expenses
$74,310
Total Assets
$1,081,301
Net Assets
$732,933
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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
2005
Legal Domicile
TX
Principal Officer
Randy Ray
Phone
5127187895
Tax Period
2024-01-01 to 2024-12-31

ACADEMY FUNDING OF BASTROP, founded in 2005, is a small nonprofit in the Education sector that reported $165K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $91K, a strong 55% operating margin.

Mission

A school that provides formal education.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,241
Investment Income $158,222
Other Revenue $0
TOTAL REVENUE $165,463

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,377
Fundraising Expenses $0
Program Expenses $54,933
Other Expenses $54,933
TOTAL EXPENSES $74,310

Year-over-Year Comparison

2024 2023 Change
Revenue $165,463 $182,803 -0.1%
Expenses $74,310 $54,301 +0.4%
Net Income $91,153 $128,502 -0.3%
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
5

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
2
$18,000
Total Directors
3
$18,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randy Ray President 30
Officer Director
$18,000 $0 $18,000
Lindsey Meuth Secretary 15
Officer Director
$0 $0 $0
Samantha Galvez Director 15
Director
$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
2024 $165,463 $74,310 $1,081,301 $91,153
2023 $182,803 $54,301 $985,807 $128,502
2022 $313,818 $160,850 $890,835 $152,968
2021 $317,940 $361,372 $768,427 $-43,432
2020 $174,953 $237,259 $807,337 $-62,306
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