KRUM ISD EDUCATION FOUNDATION INC

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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

2013

Legal Domicile

Principal Officer

BRADLEY McBRIDE

Phone

9404357119

Tax Period

2024-07-01 to 2025-06-30

KRUM ISD EDUCATION FOUNDATION INC, founded in 2013, is a small nonprofit in the Education sector that reported $169K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $161K left a modest 5% surplus.

Mission

THE MISSION OF THE KRUM ISD EDUCATION FOUNDATION IS TO BRING STAKEHOLDERS TOGETHER TO FINANCIALLY SUPPORT EXCEPTIONAL EDUCATIONAL EXPERIENCES.

Program Service Accomplishments

Program 1

Expenses: $82,727

THE PRIMARY PURPOSE OF THE KRUM ISD EDUCATION FOUNDATION IS TO SOLICIT, MANAGE AND DISTRIBUTE SUPPLEMENTAL FUNDS THAT ALIGN WITH THE DISTRICT'S IMPROVEMENT PLAN AND TO CREATE A PERPETUAL SOURCE OF...

THE PRIMARY PURPOSE OF THE KRUM ISD EDUCATION FOUNDATION IS TO SOLICIT, MANAGE AND DISTRIBUTE SUPPLEMENTAL FUNDS THAT ALIGN WITH THE DISTRICT'S IMPROVEMENT PLAN AND TO CREATE A PERPETUAL SOURCE OF FUNDS FOR EDUCATIONAL PROGRAMS AND PROJECTS WHICH ARE NOT WITHIN THE BUDGETARY GUIDELINES OF KRUM ISD AND/OR FOR WHICH TAX DOLLARS CANNOT BE EXPENDED.

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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 $78,273

Program Service Revenue $0

Investment Income $16,781

Other Revenue $73,813

TOTAL REVENUE $168,867

Expense Breakdown

Grants Paid $81,250

Salaries & Benefits $53,779

Fundraising Expenses $3,240

Program Expenses $82,727

Other Expenses $25,891

TOTAL EXPENSES $160,920

Year-over-Year Comparison

	2024	2023	Change
Revenue	$168,867	$180,647	-0.1%
Expenses	$160,920	$85,885	+0.9%
Net Income	$7,947	$94,762	-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

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
AMANDA COLE	Secretary	2.00	Officer Director	$0	$0	$0
REID MRSNY	Treasurer	2.00	Officer Director	$0	$0	$0
JUSTIN ROSE	Vice President	2.00	Officer Director	$0	$0	$0
BRADLEY McBRIDE	Chairman	2.00	Officer Director	$0	$0	$0
ANNA CONTRERAS	Director	2.00	Director	$0	$0	$0
KATRINIA McBRIDE	Director	2.00	Director	$0	$0	$0
KRISTEN HANES	Director	2.00	Director	$0	$0	$0
KELSI BANNAHAN	Director	2.00	Director	$0	$0	$0
MITCHELL ROSE	Director	2.00	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	$168,867	$160,920	$837,434	$7,947
2024	$180,647	$85,885	$766,666	$94,762
2023	$186,856	$108,452	$612,708	$78,404
2022	$144,647	$90,098	$480,068	$54,549
2021	$175,561	$63,441	$460,862	$112,120
2020	$111,085	$45,199	$371,198	$65,886
2019	$124,911	$57,371	$303,039	$67,540
2018	$78,990	$38,625	$230,706	$40,365