SOMERSET ISD EDUCATION FOUNDATION

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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

2008

Legal Domicile

Principal Officer

SUSIE POOL EXECUTIVE DIRECTOR

Phone

8668529858

Tax Period

2023-01-01 to 2023-12-31

SOMERSET ISD EDUCATION FOUNDATION, founded in 2008, is a small nonprofit in the Education sector that reported $382K in total revenue in fiscal year 2023. The organization ran a surplus of $174K, a strong 46% operating margin.

Mission

THE SOMERSET ISD EDUCATION FOUNDATIONS MISSION IS TO RAISE, MANAGE, AND DISTRIBUTE FUNDS FOR SCHOLARSHIPS AND OTHER EDUCATIONAL PROGRAMS FOR STUDENTS OF THE SOMERSET INDEPENDENT SCHOOL DISTRICT.

Program Service Accomplishments

Program 1

Expenses: $111,343

GRANTS AND AWARDS GRANTED TO TEACHERS IN THE SOMERSET INDEPENDENT SCHOOL DISTRICT. AWARDS GRANTED TO ANCILLARY EMPLOYEES IN THE SOMERSET INDEPENDENT SCHOOL DISTRICT. AWARDS GRANTED FOR STUDENTS AND...

Program 2

Expenses: $53,000

STUDENT SUPPORT PROGRAM FOR STUDENTS IN THE SOMERSET INDEPENDENT SCHOOL DISTRICT ACTIVITIES INCLUDE 53,000 OF STUDENT SCHOLARSHIPS.

Program 3

Expenses: $18,120

PROGRAM EVENTS FOR THE SOMERSET INDEPENDENT SCHOOL DISTRICT WHICH ARE SCHOOL YEAR KICK-OFF EVENT, ACADEMIC BANQUETS, AND SCHOOL YEAR ACTIVITY SUPPORT

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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 $337,662

Program Service Revenue $0

Investment Income $5,552

Other Revenue $38,308

TOTAL REVENUE $381,522

Expense Breakdown

Grants Paid $164,343

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $182,463

Other Expenses $43,339

TOTAL EXPENSES $207,682

Year-over-Year Comparison

	2023	2022	Change
Revenue	$381,522	$361,168	+0.1%
Expenses	$207,682	$191,932	+0.1%
Net Income	$173,840	$169,236	+0.0%

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
SUSIE POOL	EXECUTIVE DIRECTOR	020.00	Officer Director	$0	$0	$0
MARK HODGES	BOARD MEMBER	001.00	Officer	$0	$0	$0
ROY BROWN	VP FINANCE	005.00	Officer	$0	$0	$0
DR SAUL HINOJOSA	BOARD MEMBER	001.00	Officer	$0	$0	$0
FRANK PRUSKI	BOARD MEMBER	001.00	Officer	$0	$0	$0
BRAD BALDERRAMA	BOARD MEMBER	001.00	Officer	$0	$0	$0
MICHELLE VILLANUEVA	VP MARKETING/EVENTS	005.00	Officer	$0	$0	$0
DR RAMIRO NAVA	BOARD MEMBER	001.00	Officer	$0	$0	$0
REV JANNA HAWES	BOARD MEMBER	001.00	Officer	$0	$0	$0
DON GREEN	TRUSTEE/MEMBER	001.00	Officer	$0	$0	$0
LYDIA HERNANDEZ	NOMINATION/GOVERNANCE	001.00	Officer	$0	$0	$0
DR JOSE H MORENO	SECRETARY	001.00	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
2024	No data	No data	No data	No data
2023	$381,522	$207,682	$678,755	$173,840
2022	$361,168	$191,932	$450,622	$169,236
2021	$332,039	$268,344	$302,494	$63,695
2020	$517,089	$509,526	$223,904	$7,563
2019	$140,143	$142,141	$184,789	$-1,998
2018	$134,805	$138,309	$180,529	$-3,504