Passion for Childrens Inc (EIN 260564435) - 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

2007

Legal Domicile

Principal Officer

Joel T Williams III

Phone

4692223221

Tax Period

2023-01-01 to 2023-12-31

Passion for Childrens Inc, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $326K in total revenue in fiscal year 2023.

Mission

The organization was formed to solicit and raise funds from individuals, businesses, foundations and other charitable organizations to support Children's Health of Texas and Children's Medical Center Foundation

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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 $380,713

Program Service Revenue $0

Investment Income $0

Other Revenue $-54,325

TOTAL REVENUE $326,388

Expense Breakdown

Grants Paid $278,674

Salaries & Benefits $0

Fundraising Expenses $13,136

Program Expenses $278,674

Other Expenses $59,093

TOTAL EXPENSES $337,767

Year-over-Year Comparison

	2023	2022	Change
Revenue	$326,388	$332,585	0.0%
Expenses	$337,767	$15,305	+21.1%
Net Income	$-11,379	$317,280	-1.0%

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

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
Joel T Williams III	President	8.00	Officer Director	$0	$0	$0
Susan K Williams	VP/Secretary	1.00	Officer Director	$0	$0	$0
George D Farr	VP/Treasurer	1.00	Officer Director	$0	$0	$0
Linda P Evans	Director	1.00	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	$326,388	$337,767	$341,357	$-11,379
2022	$952,701	$399,368	$40,425	$553,333
2022	$332,585	$15,305	$359,146	$317,280
2021	$565,252	$157,890	$387,112	$407,362
2020	$821,079	$884,997	$612,396	$-63,918
2019	$1,076,124	$1,003,721	$855,937	$72,403

Passion for Childrens Inc