WADE BUSBY MEMORIAL

EIN: 208716151 501(c)(3) Youth Development

MARION, TX

Total Revenue
$185,163
Total Expenses
$206,742
Total Assets
$294,310
Net Assets
$294,310
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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
2007
Legal Domicile
TX
Phone
8303051252
Tax Period
2023-01-01 to 2023-12-31

WADE BUSBY MEMORIAL, founded in 2007, is a small nonprofit in the Youth Development sector that reported $185K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $207K exceeded revenue, resulting in a 12% operating deficit.

Mission

Promote interest and support for youth agricultural activities through their participation in FFA and 4-H organizations

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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 (2023)

Revenue Breakdown

Contributions & Grants $243,901
Program Service Revenue $0
Investment Income $4,946
Other Revenue $-63,684
TOTAL REVENUE $185,163

Expense Breakdown

Grants Paid $206,742
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $206,742
Other Expenses $0
TOTAL EXPENSES $206,742

Year-over-Year Comparison

2023 2022 Change
Revenue $185,163 $217,763 -0.1%
Expenses $206,742 $211,703 0.0%
Net Income $-21,579 $6,060 -4.6%
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
6
Independent Members
6
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Cerda President 15.00
Officer Director
$0 $0 $0
Lance Bielke Vice President 3.00
Officer Director
$0 $0 $0
Darlene Busby Treasurer 5.00
Officer Director
$0 $0 $0
Laurie Leach Secretary 12.00
Officer Director
$0 $0 $0
Jonathan Bowman Director 0.50
Director
$0 $0 $0
Robyn Busby 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
2024 No data No data No data No data
2023 $185,163 $206,742 $294,310 $-21,579
2022 $217,763 $211,703 $315,889 $6,060
2021 $206,318 $195,277 $309,829 $11,041
2020 $252,304 $179,714 $298,788 $72,590
2019 $208,667 $157,112 $226,198 $51,555
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