Educational Foundation of the Southeast Texas Chapter Inc

EIN: 454519800 501(c)(3) Education

Houston, TX

Total Revenue
$474,724
Total Expenses
$436,070
Total Assets
$204,655
Net Assets
$204,655
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
TX
Principal Officer
mark biscone
Phone
2679787495
Tax Period
2023-01-01 to 2023-12-31

Educational Foundation of the Southeast Texas Chapter Inc, founded in 2012, is a small nonprofit in the Education sector that reported $475K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $436K left a modest 8% surplus.

Mission

THE FOUNDATION'S PRIMARY AND SPECIFIC PURPOSE IS EDUCATIONAL: THE FOUNDATION WILL OFFER, PROVIDE, AND SPONSOR VARIOUS HEALTHCARE-RELATED INSTRUCTIONAL AND INFORMATION TRAINING PROGRAMS, CONFERENCES, FORUMS, PANEL DISCUSSION GROUPS, SYMPOSIA, ACTIVITIES AND OTHER EVENTS AT LOCATIONS WITHIN THE SOUTHEAST TEXAS REGION. THE PURPOSE OF THESE EVENTS WILL BE TO EDUCATE, ENHANCE THE KNOWLEDGE OF, AND FURTHER DEVELOP THE SKILLS AND CAPABILTIIES OF ATTENDING INDIVIDUALS ON CURRENT MATTERS OF INTEREST AFFECTING THE HEALTHCARE INDUSTRY TO FURTHER IMPROVE HEALTHCARE DELIVERY.

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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 $191,758
Program Service Revenue $252,824
Investment Income $219
Other Revenue $29,923
TOTAL REVENUE $474,724

Expense Breakdown

Grants Paid $9,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $263,554
Other Expenses $427,070
TOTAL EXPENSES $436,070

Year-over-Year Comparison

2023 2022 Change
Revenue $474,724 $425,444 +0.1%
Expenses $436,070 $412,105 +0.1%
Net Income $38,654 $13,339 +1.9%
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

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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
6
Independent Members
6
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
$0
Total Directors
5
$137,774
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK BISCONE EXECUTIVE DIRECTOR 40.0
Director
$137,774 $0 $137,774
ANNE-CLAIRE FRANCE DIRECTOR 0.5
Director
$0 $0 $0
ED TUCKER DIRECTOR 0.5
Director
$0 $0 $0
DON WAGNER DIRECTOR 0.5
Director
$0 $0 $0
JEANNA BAMBURG DIRECTOR 0.5
Director
$0 $0 $0
TODD CALIVA BOARD CHAIR 0.5
Officer
$0 $0 $0
MARK PHELPS TREASURER 0.5
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 $474,724 $436,070 $204,655 $38,654
2022 $425,444 $412,105 $166,001 $13,339
2021 $401,754 $305,290 $182,120 $96,464
2020 $133,722 $152,365 $182,048 $-18,643
2019 $320,281 $322,973 $89,841 $-2,692
2018 $252,509 $268,770 $92,532 $-16,261
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