HIGHLAND SANTA BARBARA FOUNDATION INC

EIN: 453962008 501(c)(3) Philanthropy & Grantmaking

DALLAS, TX

Total Revenue
$1,087,722
Total Expenses
$494,007
Total Assets
$88,214,035
Net Assets
$88,214,035
🔒

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
2011
Legal Domicile
TX
Principal Officer
JAMES DONDERO
Phone
2142766300
Tax Period
2024-01-01 to 2024-12-31

HIGHLAND SANTA BARBARA FOUNDATION INC, founded in 2011, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 94% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $594K, a strong 55% operating margin.

Mission

SEE 4A BELOW

Program Service Accomplishments

Program 1
Expenses: $250,000

THE HIGHLAND SANTA BARBARA FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY AS A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE...

Read more

THE HIGHLAND SANTA BARBARA FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY AS A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), TO SUPPORT AND BENEFIT THE SANTA BARBARA FOUNDATION ("SBF"), A CALIFORNIA NONPROFIT CORPORATION. SBF IS EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) OF THE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE AND A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) OF THE CODE.THE ORGANIZATION RECEIVED ITS FUNDING AS ONE OF THREE CHARITABLE REMAINDER BENEFICIARIES OF A CHARITABLE REMAINDER TRUST CREATED BY JAMES DONDERO, WHICH TERMINATED ON NOVEMBER 30, 2011. THE CHARITABLE PURPOSE OF THE ORGANIZATION'S SUPPORTED ORGANIZATION, WHICH WAS FOUNDED IN 1928, IS TO ENRICH THE LIVES OF THE PEOPLE OF SANTA BARBARA COUNTY THROUGH PHILANTHROPY. SBF SUPPORTS DIVERSE CHARITABLE CAUSES IN THE COMMUNITY, SUCH AS EDUCATION, THE ARTS, MENTAL HEALTH, AND NUMEROUS OTHER CHARITABLE AREAS IN WHICH ITS DONORS ARE INTERESTED. IN 2024, SBF AWARDED OVER 2,000 GRANTS TOTALING OVER $40 MILLION. THE ORGANIZATION SUPPORTS AND BENEFITS SBF BY MAKING GRANTS DIRECTLY TO SBF IN SUPPORT OF ITS CHARITABLE PURPOSES. IN ADDITION, UPON THE DIRECTION AND ON BEHALF OF SBF, THE ORGANIZATION MAY MAKE GRANTS TO SUCH OTHER PUBLIC CHARITIES THAT SBF WISHES TO BENEFIT IN FURTHERANCE OF SBF'S EXEMPT PURPOSES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,087,722
Other Revenue $0
TOTAL REVENUE $1,087,722

Expense Breakdown

Grants Paid $250,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $250,000
Other Expenses $244,007
TOTAL EXPENSES $494,007

Year-over-Year Comparison

2024 2023 Change
Revenue $1,087,722 $18,296,113 -0.9%
Expenses $494,007 $495,186 0.0%
Net Income $593,715 $17,800,927 -1.0%
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
3
Independent Members
1
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
2
$541,304
Total Directors
3
$895,769
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES DONDERO DIRECTOR, PRESIDENT 1.00
Officer Director
$0 $0 $0
JACQUELINE CARRERRA DIRECTOR, SECY/TREASURER 2.00
Officer Director
$0 $83,862 $541,304
TODD YUBA DIRECTOR 1.00
Director
$0 $56,674 $354,465
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 $1,087,722 $494,007 $88,214,035 $593,715
2023 $18,296,113 $495,186 $91,007,570 $17,800,927
2022 $49,229,986 $250,760 $90,571,100 $48,979,226
2021 $16,301,687 $316,850 $79,734,319 $15,984,837
2020 $2,419,004 $417,038 $58,019,322 $2,001,966
2020 $2,419,004 $417,038 $58,019,322 $2,001,966
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HIGHLAND SANTA BARBARA FOUNDATION INC with other nonprofits in Texas and across the country.