FEI HOUSTON SCHOLARSHIP 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

2003

Legal Domicile

Phone

7132996618

Tax Period

2023-07-01 to 2024-06-30

FEI HOUSTON SCHOLARSHIP FOUNDATION, founded in 2003, is a small nonprofit in the Education sector that reported $236K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $127K, a strong 54% operating margin.

Mission

To provide college scholarships to 13 finance and accounting students from Greater Houston/Galveston colleges and universities in conjunction with an annual Financial Executives of Houston Inc. Academic Honors Day in February 2024. Students are selected by the Deans of the colleges and universities based on financial needs, grades and activities on campus and in the community.

Program Service Accomplishments

Program 1

Expenses: $108,967 Revenue: $235,749

The FEI Scholarship Foundation provided scholarships in the amount of $5,000 each to 11 finance/accounting students ($55,000), and 2 finance/accounting students ($14,000 each), selected by their...

The FEI Scholarship Foundation provided scholarships in the amount of $5,000 each to 11 finance/accounting students ($55,000), and 2 finance/accounting students ($14,000 each), selected by their colleges and universities based on the criteria noted in Part III, Section 1 above. Expenses include professional and administrative costs of $25,967.

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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 $151,997

Program Service Revenue $0

Investment Income $29,040

Other Revenue $54,712

TOTAL REVENUE $235,749

Expense Breakdown

Grants Paid $83,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $108,967

Other Expenses $25,967

TOTAL EXPENSES $108,967

Year-over-Year Comparison

	2023	2022	Change
Revenue	$235,749	$199,417	+0.2%
Expenses	$108,967	$110,997	0.0%
Net Income	$126,782	$88,420	+0.4%

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

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
EVELYN ANGELLE	CHAIRMAN & DIRECTOR	2.00	Officer Director	$0	$0	$0
ARTURIS SPENCER III	PRESIDENT & DIRECTOR	2.00	Officer Director	$0	$0	$0
DEBORAH CLARK	SECRETARY & DIRECTOR	2.00	Officer Director	$0	$0	$0
M COLLEEN ESTES	TREASURER & DIRECTOR	2.00	Officer Director	$0	$0	$0
RASHEED ABDULMALIK	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW NOBBAY	DIRECTOR	2.00	Director	$0	$0	$0
LAURA FULTON	DIRECTOR	2.00	Director	$0	$0	$0
PAUL MARSH	DIRECTOR	2.00	Director	$0	$0	$0
MIKE VITEK	DIRECTOR	2.00	Director	$0	$0	$0
LISA BORDELON	DIRECTOR	2.00	Director	$0	$0	$0
ABIGAIL WINN	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$235,749	$108,967	$1,004,399	$126,782
2023	$199,417	$110,997	$879,215	$88,420
2022	$73,070	$112,285	$789,153	$-39,215
2021	$135,291	$96,320	$830,873	$38,971
2020	$121,540	$100,983	$810,705	$20,557
2019	$121,037	$77,078	$770,685	$43,959
2018	$107,923	$95,906	$724,433	$12,017