THE GREGORY PORTLAND EDUCATION FOUNDATION

EIN: 464660929 501(c)(3) Education

PORTLAND, TX

Total Revenue
$210,207
Total Expenses
$85,569
Total Assets
$402,117
Net Assets
$402,117
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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
TX
Principal Officer
NICOLE NOLEN
Phone
3617771091
Tax Period
2024-01-01 to 2024-12-31

THE GREGORY PORTLAND EDUCATION FOUNDATION, founded in 2013, is a small nonprofit in the Education sector that reported $210K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $125K, a strong 59% operating margin.

Mission

THE PURPOSE OF THIS CORPORATION IS TO SUPPORT, ENCOURAGE AND ASSIST EDUCATIONAL FUNCTIONS AND ACTIVITIES OF THE GREGORY-PORTLAND INDEPENDENT SCHOOL DISTRICT BY PROVIDING FINANCIAL SUPPORT, LEADERSHIP, PROFESSIONAL EXPERTISE AND DEVELOPING COMMUNITY ENGAGEMENT AND TO ESTABLISH A MONETARY FUND TO BE USED TO SUPPLEMENT AND OTHERWISE SUPPORT THE EDUCATIONAL PROGRAMS AND MISSION OF THE GREGORY-PORTLAND INDEPENDENT SCHOOL DISTRICT AND TO FURTHER THE EDUCATIONAL INTEREST OF ITS PUPILS, INCLUDING, BUT NOT LIMITED TO, SUCH MATTERS AS CURRICULUM DEVELOPMENT AND TRAINING AND SUPPORT FOR G-PISD PUPILS ENTERING THE WORKFORCE OR PURSUING POST-SECONDARY EDUCATIONAL OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $223,589
Program Service Revenue $22,970
Investment Income $0
Other Revenue $-36,352
TOTAL REVENUE $210,207

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $85,569
Other Expenses $85,569
TOTAL EXPENSES $85,569

Year-over-Year Comparison

2024 2023 Change
Revenue $210,207 $137,553 +0.5%
Expenses $85,569 $88,385 0.0%
Net Income $124,638 $49,168 +1.5%
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
11
Independent Members
11
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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE NOLEN PRESIDENT 0.65
Officer Director
$0 $0 $0
RYAN KELLEY VICE PRESIDENT 0.65
Officer Director
$0 $0 $0
HEATHER MARKS SECRETARY 0.65
Officer Director
$0 $0 $0
LORA DELUNA MARKETING & CELEBRATIONS CHAIR 0.65
Director
$0 $0 $0
JANIE HOSKINS PROGRAMS CHAIR 0.65
Director
$0 $0 $0
PATTI CASS STRAIN DEVELOPMENT CHAIR 0.65
Director
$0 $0 $0
SYLVIA OCHOA FINANCE & GOV. CHAIR 0.65
Director
$0 $0 $0
LARRY BAKER III DIRECTOR 0.50
Director
$0 $0 $0
DR MICHELLE CAVAZOS DIRECTOR 0.50
Director
$0 $0 $0
ANNE MATULA DIRECTOR 0.50
Director
$0 $0 $0
JOSEPH VASQUEZ DIRECTOR 0.50
Director
$0 $0 $0
MYRA MORRIS ADVISOR 0.50
Director
$0 $0 $0
COLLETTE WALLS ADVISOR 0.50
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
2024 $210,207 $85,569 $402,117 $124,638
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