SHALLOWATER EDUCATION FOUNDATION (EIN 275245780) - 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

2011

Legal Domicile

Principal Officer

COLTON GLASSCOCK

Phone

8068325431

Tax Period

2023-09-01 to 2024-08-31

SHALLOWATER EDUCATION FOUNDATION, founded in 2011, is a micro nonprofit in the Education sector that reported $86K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $179K exceeded revenue, resulting in a 109% operating deficit.

Mission

THE MISSION OF THE SHALLOWATER EDUCATION FOUNDATION IS TO SUPPORT EDUCATIONAL EXCELLENCE AND PROMOTE COMMUNITY ENGAGEMENT IN THE SHALLOWATER INDEPENDENT SCHOOL DISTRICT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $84,668

Program Service Revenue $0

Investment Income $1,051

Other Revenue $0

TOTAL REVENUE $85,719

Expense Breakdown

Grants Paid $171,515

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,515

Other Expenses $7,832

TOTAL EXPENSES $179,347

Year-over-Year Comparison

	2023	2022	Change
Revenue	$85,719	$180,099	-0.5%
Expenses	$179,347	$283,613	-0.4%
Net Income	$-93,628	$-103,514	-0.1%

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
LINSDAY MOORE	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID LUSK	VICE PRESIDENT PROGRAMS	2.00	Officer Director	$0	$0	$0
COLTON GLASSCOCK	VICE PRESIDENT FINANCE	1.00	Officer Director	$0	$0	$0
AMANDA WALLACE 1123-824	VICE PRESIDENT MARKETING	1.00	Officer Director	$0	$0	$0
JENNIFER KIZZIAH 1123-824	SECRETARY	1.00	Officer Director	$0	$0	$0
KYLA HAMILTON 923-324	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN SUNDERMAN	DIRECTOR	0.25	Director	$0	$0	$0
ANGELIQUE WEAVER	DIRECTOR	1.50	Director	$0	$0	$0
JAKE CONNER	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN VANEDEVENDER 923-224	DIRECTOR	5.00	Director	$0	$0	$0
BEN HAYES	DIRECTOR	0.33	Director	$0	$0	$0
WADE VANDEVENDER 923-224	DIRECTOR	1.00	Director	$0	$0	$0
COLE GOLDEN 923-124	DIRECTOR	1.00	Director	$0	$0	$0
KYLE MOTHERAL	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA KING 1123-824	DIRECTOR	1.00	Director	$0	$0	$0
STACY DAVIS 1123-824	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE INDERMAN 1123-824	DIRECTOR	1.00	Director	$0	$0	$0
SHANE TERRELL 1223-824	DIRECTOR	1.00	Director	$0	$0	$0
SHERRY OLIVER 1223-824	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER MITCHELL 1223-824	DIRECTOR	1.00	Director	$0	$0	$0
JOSH CONKLIN 424-824	DIRECTOR	1.00	Director	$0	$0	$0
BRICE FOSTER 624-824	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	$85,719	$179,347	$93,655	$-93,628
2023	$180,099	$283,613	$187,283	$-103,514
2022	$159,236	$154,496	$290,797	$4,740
2021	$292,000	$79,735	$286,057	$212,265

SHALLOWATER EDUCATION FOUNDATION