HORNET LEGACY FOUNDATION

EIN: 333771078 501(c)(3) Education

CORPUS CHRISTI, TX

Total Revenue
$115,448
Total Expenses
$11,143
Total Assets
$104,305
Net Assets
$104,305
🔒

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
2025
Legal Domicile
TX
Principal Officer
DAN SUCKLEY
Phone
3616535300
Tax Period
2025-04-11 to 2025-12-31

HORNET LEGACY FOUNDATION, founded in 2025, is a small nonprofit in the Education sector that reported $115K in total revenue in fiscal year 2025. The organization ran a surplus of $104K, a strong 90% operating margin.

Mission

THE HORNET LEGACY FOUNDATION IS A CHARITABLE AND EDUCATIONAL ORGANIZATION DEDICATED TO SUPPORTING THE STUDENTS, TEACHERS, AND STAFF OF FLOUR BLUFF INDEPENDENT SCHOOL DISTRICT. THE MISSION IS TO STRENGTHEN AND ENHANCE THE RESOURCES AVAILABLE TO THE DISTRICT, ENSURING THAT EVERY CAMPUS CAN ATTRACT AND RETAIN EXCEPTIONAL EDUCATORS AND PROVIDE STUDENTS WITH THE TOOLS THEY NEED TO SUCCEED. IN ADDITION TO MEETING CURRENT NEEDS, THE HORNET LEGACY FOUNDATION IS COMMITTED TO BUILDING A LONG-TERM INVESTMENT STRATEGY THAT WILL PROVIDE SUSTAINED SUPPORT FOR THE DISTRICT FOR YEARS TO COME. THIS FORWARD-LOOKING APPROACH ENSURES THAT TODAY'S CONTRIBUTIONS WILL HAVE AN ENDURING IMPACT, LEAVING A LEGACY THAT BENEFITS FUTURE GENERATIONS OF HORNETS.

Program Service Accomplishments

Program 1
Expenses: $11,143 Revenue: $107,603

THE HORNET LEGACY FOUNDATION WAS ESTABLISHED FOR THE PURPOSE OF ENHANCING THE EDUCATIONAL EXPERIENCE WITHIN THE FLOUR BLUFF INDEPENDENT SCHOOL DISTRICT BY USING THE BEQUESTS AND DONATIONS RECEIVED BY...

Read more

THE HORNET LEGACY FOUNDATION WAS ESTABLISHED FOR THE PURPOSE OF ENHANCING THE EDUCATIONAL EXPERIENCE WITHIN THE FLOUR BLUFF INDEPENDENT SCHOOL DISTRICT BY USING THE BEQUESTS AND DONATIONS RECEIVED BY FUNDING FROM THE LOCAL BUSINESSES, FAMILIES, COMMUNITY ORGANIZATIONS, AND OTHER FOUNDATIONS, GRANTS AND VISITORS. THE FOUNDATION HELPS FLOUR BLUFF ISD MEET THE NEEDS OF THE STUDENTS, TEACHERS, AND STAFF IT SERVES.IN OCTOBER, THE FOUNDATION HELD ITS INAUGURAL STATE OF THE DISTRICT LUNCHEON AT THE VARSITY GYM. THE EVENT CELEBRATED STUDENT ACHIEVEMENTS, RECOGNIZED DISTRICT EDUCATORS, AND HIGHLIGHTED ONGOING FACILITY UPGRADES AND THE COMMUNITY-DRIVEN FUNDRAISING MISSION OF THE FOUNDATION.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $115,371
Program Service Revenue $0
Investment Income $77
Other Revenue $0
TOTAL REVENUE $115,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,143
Other Expenses $11,143
TOTAL EXPENSES $11,143

Year-over-Year Comparison

2025 2024 Change
Revenue $115,448 N/A N/A
Expenses $11,143 N/A N/A
Net Income $104,305 N/A N/A
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
7
Independent Members
7
Employees
N/A
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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JOHN GAGE PRESIDENT 0.50
Officer Director
$0 $0 $0
TODD A HUNTER JR VICE PRESIDENT/SECRETARY 2.00
Officer Director
$0 $0 $0
DAN SUCKLEY TREASURER 1.00
Officer Director
$0 $0 $0
ANNA NORRIS COMMUNICATION DIRECTOR 0.50
Officer Director
$0 $0 $0
CHARLIE KNOLL MEMBER 1.00
Director
$0 $0 $0
LUKE TSCHRITTER MEMBER 2.50
Director
$0 $0 $0
MARK HENDRIX MEMBER 0.50
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
2025 $115,448 $11,143 $104,305 $104,305
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HORNET LEGACY FOUNDATION with other nonprofits in Texas and across the country.