VIPER NATION EDUCATION FOUNDATION

EIN: 264037064 501(c)(3)

AUSTIN, TX

Total Revenue
$93,941
Total Expenses
$86,693
Total Assets
$150,897
Net Assets
$150,897
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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
2009
Legal Domicile
TX
Principal Officer
WILLIAM FARRELL
Phone
5126873184
Tax Period
2018-07-01 to 2019-06-30

VIPER NATION EDUCATION FOUNDATION, founded in 2009, is a micro nonprofit that reported $94K in total revenue in fiscal year 2018. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $87K left a modest 8% surplus.

Mission

TO STIMULATE ACADEMIC EXCELLENCE FOR STUDENTS IN AUSTIN'S FOUR POINTS COMMUNITY IN THE AREAS OF LEADERSHIP, ENTREPRENEURSHIP, COLLEGE READINESS AND STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) THROUGH PRIVATE FUNDING.

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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 (2018)

Revenue Breakdown

Contributions & Grants $99,393
Program Service Revenue $0
Investment Income $122
Other Revenue $-5,574
TOTAL REVENUE $93,941

Expense Breakdown

Grants Paid $40,400
Salaries & Benefits $23,041
Fundraising Expenses $12,920
Program Expenses $59,065
Other Expenses $23,252
TOTAL EXPENSES $86,693

Year-over-Year Comparison

2018 2017 Change
Revenue $93,941 $210,928 -0.6%
Expenses $86,693 $182,954 -0.5%
Net Income $7,248 $27,974 -0.7%
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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Governance

Voting Members
14
Independent Members
14
Employees
1
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
6
$25,729
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM FARRELL PRESIDENT 10.00
Officer Director
$0 $0 $0
LYNETTE HAALAND-SEITZLER SECRETARY 3.00
Officer Director
$0 $0 $0
DANIELLE SHERBO TREASURER 10.00
Officer Director
$0 $0 $0
GENE ARANT BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE BECK BOARD MEMBER 1.00
Director
$0 $0 $0
BRENT CARDWELL BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM KRISTOFF BOARD MEMBER 1.00
Director
$0 $0 $0
PETE DWYER BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE KORENSKY BOARD MEMBER 1.00
Director
$0 $0 $0
PAM PROVINCE BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE SHIELDS BOARD MEMBER 1.00
Director
$0 $0 $0
RJ JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
LISA STEPHENS BOARD MEMBER 1.00
Director
$0 $0 $0
CARMEN PAZ BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW SCHAEFER BOARD MEMBER 1.00
Director
$0 $0 $0
JIMMY ALLGOOD BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY JOHNSON EXECUTIVE DIRECTOR 40.00
Officer
$25,729 $0 $25,729
CONTESSA WEINHEIMER INTERIM EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
CHRISTINE BAILIE INTERIM EXECUTIVE DIRECTOR 40.00
Officer
$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
2019 $93,941 $86,693 $150,897 $7,248
2018 $210,928 $182,954 $143,649 $27,974
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