Abilene Nursing Education Foundation (EIN 571163876) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Phone

3256701499

Tax Period

2022-02-01 to 2023-01-31

Abilene Nursing Education Foundation, founded in 2003, is a micro nonprofit that reported $31K in total revenue in fiscal year 2022. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $6.0M exceeded revenue, resulting in a 19121% operating deficit.

Mission

To provide funds for scholarships and strengthen the academic program at Patty Hanks Shelton School of Nursing.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $31,087

Other Revenue $0

TOTAL REVENUE $31,087

Expense Breakdown

Grants Paid $5,975,237

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,975,237

Other Expenses $0

TOTAL EXPENSES $5,975,237

Year-over-Year Comparison

	2022	2021	Change
Revenue	$31,087	$141,404	-0.8%
Expenses	$5,975,237	$198,954	+29.0%
Net Income	$-5,944,150	$-57,550	+102.3%

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

N/A

Volunteers

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
N/A	Chairperson	1.0	Officer Director	$0	$0	$0
N/A	Trustee	1.0	Director	$0	$0	$0
N/A	Trustee	1.0	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
2023	$31,087	$5,975,237	No data	$-5,944,150
2022	$141,404	$198,954	$5,944,150	$-57,550
2021	$111,654	$191,732	$6,271,226	$-80,078
2020	$192,644	$192,624	$5,209,438	$20
2019	$448,838	$6,220	$5,102,892	$442,618
2018	$397,428	$375,039	$5,302,218	$22,389

Abilene Nursing Education Foundation