Brazos Education Lending Corporation (EIN 203870081) - 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 Lending Corporation, founded in 2005, is a community nonprofit in the Education sector that reported $3.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

BRAZOS EDUCATION LENDING CORPORATION'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 $3,171,806

Investment Income $13,787

Other Revenue $0

TOTAL REVENUE $3,185,593

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,332,466

Other Expenses $3,332,466

TOTAL EXPENSES $3,332,466

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,185,593	$2,823,522	+0.1%
Expenses	$3,332,466	$2,492,734	+0.3%
Net Income	$-146,873	$330,788	-1.4%

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

$3,807,518

Total Directors

$994,139

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS LITLE	PRESIDENT/CEO	1.0	Officer Director	$0	$98,152	$994,139
ANDY POPEJOY	DIRECTOR	1.0	Director	$0	$0	$0
CLEMENT MILAM	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
HARRY HARELIK	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
Lance Hogg	Director	1.0	Director	$0	$0	$0
PETER KULTGEN	DIRECTOR	1.0	Director	$0	$0	$0
ROBERT B CHAMBERS	DIRECTOR	1.0	Director	$0	$0	$0
ANDREW ELLIS	VP HUMAN RESOURCES	1.0	Officer	$0	$80,931	$388,630
DARRELL BROOKS	TREASURER	1.0	Officer	$0	$67,386	$300,016
KELLI UTTECH	EVP/GENERAL COUNSEL	1.0	Officer	$0	$83,927	$543,912
RANDALL LARSON	VP SALES	1.0	Officer	$0	$74,174	$337,622
RICKY TURMAN	EVP/COO/CFO	1.0	Officer	$0	$101,455	$760,999
TAMMY HARRALSON	VP/CONTROLLER	1.0	Officer	$0	$72,119	$330,301
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	$3,185,593	$3,332,466	$17,922,453	$-146,873
2024	$2,823,522	$2,492,734	$9,569,591	$330,788
2023	$757,340	$1,211,418	$14,509,145	$-454,078
2022	$709,354	$710,625	$3,386,482	$-1,271
2021	$866,006	$705,929	$2,354,899	$160,077
2020	$1,265,151	$1,279,410	$8,336,450	$-14,259
2019	$492,933	$553,297	$15,958,170	$-60,364
2018	$26,420	$99,576	$3,108,012	$-73,156

Brazos Education Lending Corporation