THE EMERSON FOUNDATION

EIN: 263693330 501(c)(3) Human Services

Round Rock, TX

Total Revenue
$1,441,385
Total Expenses
$1,622,288
Total Assets
$485,103
Net Assets
$330,882
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TX
Principal Officer
Stacey Bell
Phone
5122520400
Tax Period
2024-01-01 to 2024-12-31

THE EMERSON FOUNDATION, founded in 2010, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 13% operating deficit.

Mission

The Emerson Foundation supports community efforts to provide early education to children with special needs including operation of The Emerson Academy Child Development Center; providing researched-based teaching practices that support each child's unique stages of development. Emerson Academy is a Nonprofit child development center serving Round Rock, Pflugerville, Hutto, and the surrounding communities. Emerson provides an inclusive learning environment where all children can learn and grow together from our highly trained staff to our literacy-based and developmentally-appropriate curriculum. Emerson Academy gives exceptional educational opportunities so that every child may succeed.

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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 (2024)

Revenue Breakdown

Contributions & Grants $14,657
Program Service Revenue $1,421,721
Investment Income $5,007
Other Revenue $0
TOTAL REVENUE $1,441,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,171,239
Fundraising Expenses $28,725
Program Expenses $1,252,769
Other Expenses $451,049
TOTAL EXPENSES $1,622,288

Year-over-Year Comparison

2024 2023 Change
Revenue $1,441,385 $1,940,490 -0.3%
Expenses $1,622,288 $1,593,573 +0.0%
Net Income $-180,903 $346,917 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
50
Volunteers
7

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
$123,138
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stacey Bell Executive Director 40
Officer
$123,138 $0 $123,138
Sarah Johnson President 5
Officer Director
$0 $0 $0
LaVincent Wren Treasurer 2
Officer Director
$0 $0 $0
Haskel Canagarajah Fundraising Chairman 2
Officer Director
$0 $0 $0
Joyce Camp Board Member 1
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 $1,441,385 $1,622,288 $485,103 $-180,903
2023 $1,940,490 $1,593,573 $676,662 $346,917
2022 $1,457,178 $1,474,004 $183,939 $-16,826
2021 $1,211,836 $1,223,534 $181,694 $-11,698
2020 $1,375,632 $1,291,741 $193,392 $83,891
2019 $1,168,498 $1,146,341 $161,213 $22,157
2018 $706,656 No data $760,212 No data
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