VILLAGE TECH SCHOOLS

EIN: 455607359 501(c)(3) Education

DUNCANVILLE, TX

Total Revenue
$15,475,744
Total Expenses
$14,245,578
Total Assets
$33,203,374
Net Assets
$5,848,958
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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
2012
Legal Domicile
TX
Principal Officer
DAVID WILLIAMS
Phone
9722911390
Tax Period
2023-09-01 to 2024-08-31

VILLAGE TECH SCHOOLS, founded in 2012, is a mid-sized nonprofit in the Education sector that reported $15.5M in total revenue in fiscal year 2023. Expenses of $14.2M left a modest 8% surplus.

Mission

Educate by creating an active and immersive learning environment that empowers students to become creative, problem-solving leaders of character who are prepared to take on real-world challenges. Our mission is to collaborate as designers and leaders to forge students who are character driven, challenge ready and community focused.

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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 $14,829,233
Program Service Revenue $646,511
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,475,744

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,135,194
Fundraising Expenses $190,574
Program Expenses $11,740,029
Other Expenses $6,110,384
TOTAL EXPENSES $14,245,578

Year-over-Year Comparison

2023 2022 Change
Revenue $15,475,744 $14,652,616 +0.1%
Expenses $14,245,578 $14,628,997 0.0%
Net Income $1,230,166 $23,619 +51.1%
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

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Governance

Voting Members
6
Independent Members
6
Employees
185
Volunteers
200

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
6
$287,196
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID L WILLIAMS CEO/SUPER 50.00
Officer
$153,444 $8,597 $162,041
ROBERT JOHANSEN COO 50.00
Officer
$118,403 $6,752 $125,155
JUSTIN R GOBERT VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOSHUA NASON Chairman 1.00
Officer Director
$0 $0 $0
Kendall Joseph BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA WYATT Secretary 1.00
Officer Director
$0 $0 $0
DAPHNE MORIEL DE CEDENO BOARD MEMBER 1.00
Director
$0 $0 $0
TIM MAIDEN Treasurer 1.00
Officer 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 No data No data No data No data
2024 $15,475,744 $14,245,578 $33,203,374 $1,230,166
2023 $14,652,616 $14,628,997 $33,612,553 $23,619
2022 $14,785,373 $13,982,239 $32,290,922 $803,134
2021 $12,030,130 $11,673,158 $31,509,934 $356,972
2020 $11,126,237 $10,575,864 $31,323,467 $550,373
2019 $10,700,284 $9,674,385 $31,257,676 $1,025,899
2018 $8,020,595 $8,570,353 $23,477,610 $-549,758
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