Tax and Finance Education Services Inc

EIN: 201130753 501(c)(3) Human Services

Bryan, TX

Total Revenue
$11,687
Total Expenses
$16,905
Total Assets
$1,209,736
Net Assets
$1,209,736
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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
2004
Legal Domicile
TX
Principal Officer
Wayne A Hayenga
Phone
9798462871
Tax Period
2020-09-01 to 2021-08-31

Tax and Finance Education Services Inc, founded in 2004, is a micro nonprofit in the Human Services sector that reported $12K in total revenue in fiscal year 2020. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $17K exceeded revenue, resulting in a 45% operating deficit.

Mission

Manage and Provide tax and Financial Educational Programs

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $11,687
Other Revenue $0
TOTAL REVENUE $11,687

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $16,905
Other Expenses $16,905
TOTAL EXPENSES $16,905

Year-over-Year Comparison

2020 2019 Change
Revenue $11,687 $741,893 -1.0%
Expenses $16,905 $558,964 -1.0%
Net Income $-5,218 $182,929 -1.0%
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

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Governance

Voting Members
3
Independent Members
2
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wayne Hayenga Pres/Tres 10.00
Officer Director
$0 $0 $0
Richard Weinberger Secretary 1.00
Officer Director
$0 $0 $0
vacant Vice President N/A
Officer 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
2021 $11,687 $16,905 $1,209,736 $-5,218
2020 $741,893 $558,964 $1,214,954 $182,929
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