PALO PINTO AREA FOUNDATION INC (EIN 237036404) - 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

1969

Legal Domicile

Principal Officer

William Whiddon

Phone

9403256401

Tax Period

2023-10-01 to 2024-09-30

PALO PINTO AREA FOUNDATION INC, founded in 1969, is a micro nonprofit that reported $3K in total revenue in fiscal year 2023. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 343% operating deficit.

Mission

To support the endeavors of Palo Pinto General Hospital and the Palo Pinto County Hospital District in the healthcare needs of the community.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,066

Other Revenue $0

TOTAL REVENUE $3,066

Expense Breakdown

Grants Paid $12,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $835

TOTAL EXPENSES $13,585

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,066	$51,053	-0.9%
Expenses	$13,585	$25,653	-0.5%
Net Income	$-10,519	$25,400	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Megan Hudson	Director	0.50	Director	$0	$0	$0
Jeanette Ender	President	0.50	Officer Director	$0	$0	$0
Catrina Richards	Treasurer	0.50	Officer Director	$0	$0	$0
John Clark Jr	Vice President	0.50	Officer Director	$0	$0	$0
Linda Porter Bradford	Secretary	0.50	Officer Director	$0	$0	$0
Tracy Kirsch	Director	0.50	Officer Director	$0	$0	$0
Larry Eswein	Director	0.50	Officer Director	$0	$0	$0
Connie Bell	Director	0.50	Director Key Emp	$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	$3,066	$13,585	$536,554	$-10,519
2023	$51,053	$25,653	$576,258	$25,400
2022	$30,341	$10,331	$552,858	$20,010
2021	$27,198	$7,430	$530,224	$19,768
2020	$31,645	$18,405	$510,456	$13,240

PALO PINTO AREA FOUNDATION INC