29 ACRES INC

EIN: 275537523 501(c)(3) Diseases & Disorders

CROSS ROADS, TX

Total Revenue
$7,910,673
Total Expenses
$7,373,187
Total Assets
$17,399,996
Net Assets
$8,929,025
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
DEBRA CAUDY
Phone
2145508831
Tax Period
2023-01-01 to 2023-12-31

29 ACRES INC, founded in 2014, is a community nonprofit in the Diseases & Disorders sector that reported $7.9M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $7.4M left a modest 7% surplus.

Mission

TO ELEVATE THE QUALITY OF LIFE FOR ADULTS WITH AUTISM SPECTRUM DISORDER BY CREATING A DYNAMIC HOUSING COMMUNTY ENRICHED WITH CUSTOMIZED PROGRAMMING WHERE EVERY PERSON WILL BE EMPOWE

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,077,273
Program Service Revenue $5,676,021
Investment Income $185,396
Other Revenue $-28,017
TOTAL REVENUE $7,910,673

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,917,532
Fundraising Expenses $178,902
Program Expenses $6,231,585
Other Expenses $2,420,180
TOTAL EXPENSES $7,373,187

Year-over-Year Comparison

2023 2022 Change
Revenue $7,910,673 $5,890,483 +0.3%
Expenses $7,373,187 $5,911,948 +0.2%
Net Income $537,486 $-21,465 -26.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
12
Employees
228
Volunteers
60

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
5
$199,081
Total Directors
13
$68,887
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MORGAN MCKAY COO 40.0
Officer
$128,769 $1,425 $130,194
DEBRA CAUDY CEO 15.0
Officer Director
$56,683 $12,204 $68,887
DOUGLAS J BARTEK CHAIRMAN 5.0
Officer Director
$0 $0 $0
ROBIN HIBBITTS SECRETARY 5.0
Officer Director
$0 $0 $0
PETER YEEDA TREASURER 5.0
Officer Director
$0 $0 $0
CARL SODERSTROM BOARD MEMBER 5.0
Director
$0 $0 $0
JOHN GENTRY BOARD MEMBER 5.0
Director
$0 $0 $0
RICK PREWITT BOARD MEMBER 5.0
Director
$0 $0 $0
LAURA SCHIEBER BOARD MEMBER 5.0
Director
$0 $0 $0
JOHN FOLEY BOARD MEMBER 5.0
Director
$0 $0 $0
MITCHELL BASSON BOARD MEMBER 5.0
Director
$0 $0 $0
NIKA ARASTOUPOUR BOARD MEMBER 5.0
Director
$0 $0 $0
BRIGITTE FOX MD BOARD MEMBER 5.0
Director
$0 $0 $0
JEREMY B PETTIT BOARD MEMBER 5.0
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 No data No data No data No data
2023 $7,910,673 $7,373,187 $17,399,996 $537,486
2022 $5,890,483 $5,911,948 $16,486,263 $-21,465
2021 $5,027,962 $4,370,167 $11,878,979 $657,795
2020 $2,411,627 $2,490,555 $10,581,581 $-78,928
2019 $2,724,706 $1,281,365 $6,058,203 $1,443,341
2018 $2,190,006 $642,576 $2,156,770 $1,547,430
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