TEXAS FOSTER CARE & ADOPTION SERV (EIN 452584781) - 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

Principal Officer

NAGESWARA PATIBANDLA

Phone

2103329171

Tax Period

2023-01-01 to 2023-12-31

TEXAS FOSTER CARE & ADOPTION SERV is a small nonprofit in the Human Services sector that reported $210K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $380K exceeded revenue, resulting in a 81% operating deficit.

Mission

A STATE OF TEXAS LICENSED FOSTER CARE AND ADOPTION AGENCY THAT IDENTIFIES AND PROVIDES APPROVED HEALING FOSTER HOMES FOR CHILDREN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $17,062

Program Service Revenue $193,521

Investment Income $-203

Other Revenue $0

TOTAL REVENUE $210,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $176,134

Fundraising Expenses $0

Program Expenses $227,911

Other Expenses $204,344

TOTAL EXPENSES $380,478

Year-over-Year Comparison

	2023	2022	Change
Revenue	$210,380	$1,598,309	-0.9%
Expenses	$380,478	$1,825,737	-0.8%
Net Income	$-170,098	$-227,428	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA DELAROSA	BOARD MEMBER	N/A	Director	$0	$0	$0
NAGESWARA PATIBANDLA	CEO	N/A	Officer	$0	$0	$0
KAREN PEREZ	EXECITIVE DI	N/A	Officer	$0	$0	$0
SHIELA PEREZ	CLINICAL DIR	N/A	Officer	$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	$210,380	$380,478	$578,089	$-170,098
2022	$1,598,309	$1,825,737	$779,205	$-227,428
2021	$2,113,674	$2,022,943	$787,189	$90,731
2020	$2,201,506	$2,103,002	$521,084	$98,504
2019	$2,116,361	$2,187,830	$128,476	$-71,469
2018	$2,772,803	$2,684,284	$163,161	$88,519

TEXAS FOSTER CARE & ADOPTION SERV