GALVESTON INDEPENDENT SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC (EIN 300108354) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Principal Officer

BRITTANY VIEGAS

Phone

4097665156

Tax Period

2024-09-01 to 2025-08-31

GALVESTON INDEPENDENT SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC, founded in 2002, is a small nonprofit in the Education sector that reported $558K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $540K left a modest 3% surplus.

Mission

TO PROMOTE AND ENHANCE QUALITY EDUCATION IN THE GALVESTON INDEPENDENT SCHOOL DISTRICT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $388,525

Program Service Revenue $0

Investment Income $48,375

Other Revenue $121,188

TOTAL REVENUE $558,088

Expense Breakdown

Grants Paid $0

Salaries & Benefits $467,756

Fundraising Expenses $41,732

Program Expenses $407,803

Other Expenses $72,324

TOTAL EXPENSES $540,080

Year-over-Year Comparison

	2024	2023	Change
Revenue	$558,088	$650,162	-0.1%
Expenses	$540,080	$516,080	+0.0%
Net Income	$18,008	$134,082	-0.9%

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

Governance

Voting Members

Independent Members

Employees

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
LYNN CLORE	Director	1.00	Director	$0	$0	$0
MELISSA MASSEY	Director	1.00	Director	$0	$0	$0
MATTHEW THOMPSON	Director	1.00	Director	$0	$0	$0
ERICA FARMER	Secretary	3.00	Officer Director	$0	$0	$0
REID NELSON	Director	1.00	Director	$0	$0	$0
MATTHEW HAY	President	3.00	Officer Director	$0	$0	$0
CHRISTINE HOPKINS	Director	1.00	Director	$0	$0	$0
AMY GONZALEZ	Director	1.00	Director	$0	$0	$0
SHELIA LIDSTONE	Vice President	3.00	Officer Director	$0	$0	$0
JORDAN RASCHKE ELTON	Director	1.00	Director	$0	$0	$0
SAMANTHA SEALE MIRO	Director	1.00	Director	$0	$0	$0
ERIN WARD	Director	1.00	Director	$0	$0	$0
BRANDON ROGERS	Treasurer	3.00	Officer Director	$0	$0	$0
BRITTANY VIEGAS	Executive Dir.	40.00	Officer	$0	$0	$0
DOMINIC ETIENNE	IMMEDIATE PAST PRESIDENT	1.00		$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	$558,088	$540,080	$1,364,885	$18,008
2024	$650,162	$516,080	$1,302,297	$134,082
2023	$450,737	$423,271	$1,148,071	$27,466
2022	$463,580	$378,197	$1,113,606	$85,383
2021	$315,648	$309,888	$1,157,410	$5,760
2020	$334,815	$230,100	$1,076,995	$104,715
2019	$343,271	$308,866	$915,909	$34,405
2018	$466,835	$332,386	$873,283	$134,449

GALVESTON INDEPENDENT SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC