ALBANY ISD EDUCATION FOUNDATION INC (EIN 263807338) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

MATT BELLAH

Phone

3257623974

Tax Period

2024-09-01 to 2025-08-31

ALBANY ISD EDUCATION FOUNDATION INC, founded in 2007, is a small nonprofit in the Education sector that reported $394K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $442K exceeded revenue, resulting in a 12% operating deficit.

Mission

The organization acts as a supporting organization to Albany Independent School District (a public school district in Texas). Receipts of charitable donations are used for providing grants and aids for the education needs of Albany ISD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $394,267

Other Revenue $0

TOTAL REVENUE $394,267

Expense Breakdown

Grants Paid $433,613

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $433,613

Other Expenses $8,292

TOTAL EXPENSES $441,905

Year-over-Year Comparison

	2024	2023	Change
Revenue	$394,267	$499,974	-0.2%
Expenses	$441,905	$396,827	+0.1%
Net Income	$-47,638	$103,147	-1.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
ROBERT MONTGOMERY	Director	1.00	Director	$0	$0	$0
KALICO LEECH	Secretary	1.00	Director	$0	$0	$0
Ginny Ivy	Vice President	1.00	Director	$0	$0	$0
John Gallaher	DIRECTOR	1.00	Director	$0	$0	$0
JOE TIDWELL	Director	1.00	Director	$0	$0	$0
Matt Bellah	President	1.00	Director	$0	$0	$0
Reggy Spencer	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
2025	$394,267	$441,905	$4,337,315	$-47,638
2024	$499,974	$396,827	$4,384,953	$103,147
2023	$195,304	$113,538	$4,307,186	$81,766
2022	$24,900	$695,083	$4,224,660	$-670,183
2021	$973,446	$133,477	$4,892,822	$839,969
2020	$562,793	$71,255	$4,052,153	$491,538
2019	$10,752	$87,579	$3,560,614	$-76,827
2018	$283,574	$85,849	$3,646,445	$197,725

ALBANY ISD EDUCATION FOUNDATION INC