FAMILY DIRECTED EDUCATION FOUNDATIO

EIN: 271741280 501(c)(3) Education

WILLIS, TX

Total Revenue
$704,098
Total Expenses
$665,648
Total Assets
$13,213
Net Assets
$8,002
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TX
Principal Officer
JOHNNIE SEAGO
Tax Period
2023-01-01 to 2023-12-31

FAMILY DIRECTED EDUCATION FOUNDATIO, founded in 2010, is a small nonprofit in the Education sector that reported $704K in total revenue in fiscal year 2023. Expenses of $666K left a modest 5% surplus.

Mission

TO PROVIDE EDUCATIONAL SERVICES TO FAMILIES

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $24,802
Program Service Revenue $679,296
Investment Income $0
Other Revenue $0
TOTAL REVENUE $704,098

Expense Breakdown

Grants Paid $0
Salaries & Benefits $453,776
Fundraising Expenses $0
Program Expenses $621,780
Other Expenses $211,872
TOTAL EXPENSES $665,648

Year-over-Year Comparison

2023 2022 Change
Revenue $704,098 $666,130 +0.1%
Expenses $665,648 $738,446 -0.1%
Net Income $38,450 $-72,316 -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

Sign In

Governance

Voting Members
5
Independent Members
N/A
Employees
63
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
4
$59,400
Total Directors
5
$96,800
Key Employees
2
$96,800
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHNNIE SEAGO EXECUTIVE DIRECTOR PROGRAMS 30.00
Officer Director Key Emp
$59,400 $0 $59,400
TED SEAGO EXECUTIVE DIRECTOR 30.00
Director Key Emp
$37,400 $0 $37,400
JAKE DAVIS BOARD TREASURER 1.00
Officer Director
$0 $0 $0
NIKKI POPE BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
RACHELLE DAVIS BOARD PRESIDENT 1.00
Officer 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
2023 $704,098 $665,648 $13,213 $38,450
2022 $666,130 $738,446 $4,014 $-72,316
2021 $550,016 $527,142 $49,317 $22,874
2020 $289,335 $279,684 $21,150 $9,651
2019 $347,810 $354,772 $11,526 $-6,962
2018 $310,213 $265,972 $49,434 $44,241
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FAMILY DIRECTED EDUCATION FOUNDATIO with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.