Brazos Education Loan Authority Inc (EIN 203868073) - 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

2005

Legal Domicile

Phone

2547530915

Tax Period

2024-07-01 to 2025-06-30

Brazos Education Loan Authority Inc, founded in 2005, is a mid-sized nonprofit in the Education sector that reported $62.1M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10.9M, a strong 17% operating margin.

Mission

BRAZOS EDUCATION LOAN AUTHORITY, INC.'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $60,478,353

Investment Income $1,574,889

Other Revenue $0

TOTAL REVENUE $62,053,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,195,636

Other Expenses $51,195,636

TOTAL EXPENSES $51,195,636

Year-over-Year Comparison

	2024	2023	Change
Revenue	$62,053,242	$88,224,410	-0.3%
Expenses	$51,195,636	$73,869,660	-0.3%
Net Income	$10,857,606	$14,354,750	-0.2%

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

$3,081,266

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brent Helm	Director	1.0	Director	$0	$0	$0
Charles Madden	Director	1.0	Director	$0	$0	$0
Charles Reed	Director	1.0	Director	$0	$0	$0
CLAUDE ERVIN	DIRECTOR	1.0	Director	$0	$0	$0
CLEMENT MILAM	DIRECTOR	1.0	Director	$0	$0	$0
Donald Schmeltekopf	Director	1.0	Director	$0	$0	$0
Dr David Myers	Director	1.0	Director	$0	$0	$0
DR TERRY MANESS	DIRECTOR	1.0	Director	$0	$0	$0
Jane Allen	Director	1.0	Director	$0	$0	$0
Joe Nesbitt	Director	1.0	Director	$0	$0	$0
Justin Wiethorn	Director	1.0	Director	$0	$0	$0
DARRELL BROOKS	ASSISTANT TREASURER	1.0	Officer	$0	$67,386	$300,016
KELLI UTTECH	EVP, GENERAL COUNSEL	1.0	Officer	$0	$83,927	$543,912
RICKY TURMAN	EVP/COO/CFO/TREASURER	1.0	Officer	$0	$101,455	$760,999
TAMMY HARRALSON	CONTROLLER	1.0	Officer	$0	$72,119	$330,301
THOMAS LITLE	PRESIDENT/CEO	1.0	Officer	$0	$98,152	$994,139
TIFFANY JONES	SECRETARY	1.0	Officer	$0	$32,504	$151,899

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	$62,053,242	$51,195,636	$815,478,066	$10,857,606
2024	$88,224,410	$73,869,660	$983,165,176	$14,354,750
2023	$80,022,743	$68,132,128	$1,149,527,962	$11,890,615
2022	$48,416,543	$38,501,714	$1,464,923,579	$9,914,829
2021	$48,404,899	$45,049,059	$1,635,844,964	$3,355,840
2020	$70,060,804	$69,520,585	$1,824,870,580	$540,219
2019	$91,653,461	$88,304,830	$2,046,820,449	$3,348,631
2018	$86,050,416	$77,771,278	$2,228,524,710	$8,279,138

Brazos Education Loan Authority Inc