Austin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Foundation for a Globally Competitive Texas, founded in 2006, is a small nonprofit in the Education sector that reported $205K in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $240K exceeded revenue, resulting in a 17% operating deficit.
The Foundation for a Globally Competitive Texas was created to facilitate the growth of Texas in a global business environment. The Foundation advises state and national policy makers on issues critical to Texas' economic growth with timely and fact-based information.
Provide and coordinate research on public policy issues that affect Texas' global competitiveness, including economic development, federal issues, public and higher education, and infrastructure...
Provide and coordinate research on public policy issues that affect Texas' global competitiveness, including economic development, federal issues, public and higher education, and infrastructure. Communicate those findings and data to the general public, those in public service, and elected and appointed leadership.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $205,381 | $118,250 | +0.7% |
| Expenses | $239,665 | $147,407 | +0.6% |
| Net Income | $-34,284 | $-29,157 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nick Serafy | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Colleen McHugh | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kyndel Bennett | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gay Gaddis | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Reba Cardenas McNair | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tym Tombar | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Justin Yancy | Executive Dir/Secretary | 1.00 |
Officer
|
$0 | $0 | $275,008 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $205,381 | $239,665 | $55,510 | $-34,284 |
| 2021 | $294,946 | $218,675 | $118,951 | $76,271 |
Compare Foundation for a Globally Competitive Texas with other nonprofits in Texas and across the country.