KIPP Texas Future Fund (EIN 260279655) - 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

2006

Legal Domicile

Principal Officer

Sehba Z Ali

Phone

8323281051

Tax Period

2023-07-01 to 2024-06-30

KIPP Texas Future Fund, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $16.1M in total revenue in fiscal year 2023. Revenue surged 633% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15.6M, a strong 97% operating margin.

Mission

KIPP Texas Future Fund is a supporting organization of KIPP Texas, Inc.

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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 $10,000,000

Program Service Revenue $0

Investment Income $6,089,910

Other Revenue $0

TOTAL REVENUE $16,089,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,981

Fundraising Expenses $0

Program Expenses $28,491

Other Expenses $427,122

TOTAL EXPENSES $484,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,089,910	$2,194,208	+6.3%
Expenses	$484,103	$432,604	+0.1%
Net Income	$15,605,807	$1,761,604	+7.9%

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

$935,206

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gene Austin	Chair	1.00	Officer Director	$0	$0	$0
Bill Boyar	Board Member	1.00	Director	$0	$0	$0
Patricia Ponton	Board Member	1.00	Director	$0	$0	$0
Allison Thacker	Board Member	1.00	Director	$0	$0	$0
Sehba Z Ali	CEO KIPP Texas, Inc.	1.00	Officer	$0	$73,282	$573,688
Son Nam Han	CFO KIPP Texas, Inc.	1.00	Officer	$0	$33,312	$361,518

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	No data	No data	No data	No data
2024	$16,089,910	$484,103	$139,400,260	$15,605,807
2023	$2,194,208	$432,604	$117,603,105	$1,761,604
2022	$2,357,604	$385,114	$109,023,768	$1,972,490
2021	$1,807,500	$869,849	$117,258,366	$937,651
2020	$4,067,066	$5,491,194	$111,922,638	$-1,424,128
2019	$1,745,055	$6,401,073	$105,273,593	$-4,656,018
2018	$3,772,316	$3,211,106	$100,008,762	$561,210

KIPP Texas Future Fund