WACO BOARD OF REALTORS EDUCATIONAL FOUND FOUNDATION (EIN 237127378) - 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

2014

Legal Domicile

Principal Officer

KIMBERLY GALVAN

Phone

2547760210

Tax Period

2023-01-01 to 2023-12-31

WACO BOARD OF REALTORS EDUCATIONAL FOUND FOUNDATION, founded in 2014, is a micro nonprofit in the Education sector that reported $85K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $66K, a strong 78% operating margin.

Mission

TO PROVIDE EDUCATIONAL ASSISTANCE IN THE FORM OF EDUCATIONAL PROGRAMS, EDUCATIONAL GRANTS, MAINTENANCE AND CONFERENCE AND OFFICE SPACE THESE OPPORTUNITIES ARE AVAILABLE NOT ONLY TO THE MEMBERS BUT TO THE GENERAL PUBLIC. WE SPONSOR 1ST TIME HOMEBUYERS SEMINARS, LEADERSHIP CLASSES, NEW MEMBER ORIENTATION, CONTINUING EDUCATION COURSES, LAW, LEGAL AND LEGISLATIVE UPDATES AND PUBLIC SPEAKING. WE ALSO HAVE NUMEROUS EDUCATIONAL COURSES THROUGHOUT THE YEAR.

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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 $2,496

Other Revenue $82,086

TOTAL REVENUE $84,582

Expense Breakdown

Grants Paid $19,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,000

Other Expenses $0

TOTAL EXPENSES $19,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$84,582	$71,889	+0.2%
Expenses	$19,000	N/A	N/A
Net Income	$65,582	$71,889	-0.1%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY GOUGH	PRESIDENT	2.00	Officer Director	$0	$0	$0
MIKE SIMS	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
JOE REED	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
DENISE DAVIDSON	TRUSTEE	2.00	Director	$0	$0	$0
KIMBERLY GALVAN	TRUSTEE	2.00	Director	$0	$0	$0
SARAH MARTIN	TRUSTEE	2.00	Director	$0	$0	$0
TRISH GRIFFIN	TRUSTEE	2.00	Director	$0	$0	$0
JEFF BIRD	TRUSTEE	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
2023	$84,582	$19,000	$790,407	$65,582
2022	$71,889	No data	$724,650	No data
2021	$73,771	No data	$652,761	No data

WACO BOARD OF REALTORS EDUCATIONAL FOUND FOUNDATION