CENTER FOR EQUITY & ADEQUACY IN PUBLIC SCHOOL FINANCE INC

EIN: 611416529 Community Improvement

AUSTIN, TX

Total Revenue
$1,161,968
Total Expenses
$1,199,926
Total Assets
$2,454,957
Net Assets
$1,682,425
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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
2002
Legal Domicile
TX
Principal Officer
JOSH SANDERSON
Phone
5124787313
Tax Period
2023-10-01 to 2024-09-30

CENTER FOR EQUITY & ADEQUACY IN PUBLIC SCHOOL FINANCE INC, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023.

Mission

TO REPRESENT THE INTERESTS OF ITS MEMBERSHIP BEFORE LEGISTLATIVE AND REGULATORY BODIES, TO EDUCATE MEMBERS AND OTHERS REGARDING SCHOOL FINANCE ISSUES, AND TO ENCOURAGE EXCHANGE OF IDEAS AMONG MEMBERS.

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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 $0
Program Service Revenue $1,075,562
Investment Income $86,406
Other Revenue $0
TOTAL REVENUE $1,161,968

Expense Breakdown

Grants Paid $12,167
Salaries & Benefits $734,017
Fundraising Expenses $0
Other Expenses $453,742
TOTAL EXPENSES $1,199,926

Year-over-Year Comparison

2023 2022 Change
Revenue $1,161,968 $1,165,197 0.0%
Expenses $1,199,926 $1,385,383 -0.1%
Net Income $-37,958 $-220,186 -0.8%
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
48
Independent Members
48
Employees
3
Volunteers
65

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
$637,553
Total Directors
48
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHEAL FRENCH PRESIDENT 1.00
Director
$0 $0 $0
KATHY ROLLO FIRST VICE PRESIDENT 1.00
Director
$0 $0 $0
MELISSA GONZALES VICE PRESIDENT, FINANCE 1.00
Director
$0 $0 $0
JAY KILLGO VICE PRESIDENT, MEMBERSHIP 1.00
Director
$0 $0 $0
MICHELLE RINEHART VICE PRESIDENT, PROGRAM 1.00
Director
$0 $0 $0
RICHARD TOSCANO SECRETARY-TREASURER 1.00
Director
$0 $0 $0
JAMES WILCOX IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
MONTY HYSINGER PAST PRESIDENT 1.00
Director
$0 $0 $0
KRISTIN BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
JOSE GONZALEz BOARD MEMBER 1.00
Director
$0 $0 $0
BENNY HERNANDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA GARCIA BOARD MEMBER 1.00
Director
$0 $0 $0
EDDIE HESSELTINE BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MOORE BOARD MEMEBER 1.00
Director
$0 $0 $0
SHAUN MCAPLIN BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE GONZALES BOARD MEMBER 1.00
Director
$0 $0 $0
STU MUSICK BOARD MEMBER 1.00
Director
$0 $0 $0
ADRIAN JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
DONNY WEBB BOARD MEMBER 1.00
Director
$0 $0 $0
JASON MARSHALL BOARD MEMBER 1.00
Director
$0 $0 $0
DENICIA HOHENBERGER BOARD MEMBER 1.00
Director
$0 $0 $0
JUDD MARSHALL BOARD MEMBER 1.00
Director
$0 $0 $0
COLIN HOWETH BOARD MEMBER 1.00
Director
$0 $0 $0
RANDEL BEAVER BOARD MEMBER 1.00
Director
$0 $0 $0
MATT KIMBALL BOARD MEMBER 1.00
Director
$0 $0 $0
JO ANN FEY BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE KELLEY BOARD MEMBER 1.00
Director
$0 $0 $0
GAYLE STINSON BOARD MEMBER 1.00
Director
$0 $0 $0
MATT ADAMS BOARD DIRECTOR 1.00
Director
$0 $0 $0
MATT DOSSEY BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY MYNARCIK BOARD MEMBER 1.00
Director
$0 $0 $0
JANA RUETER BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN WARREN BOARD MEMBER 1.00
Director
$0 $0 $0
DANA MARABLE BOARD MEMBER 1.00
Director
$0 $0 $0
WILL BREWER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID WHISENHUNT BOARD MEMBER 1.00
Director
$0 $0 $0
JOE YOUNG BOARD MEMBER 1.00
Director
$0 $0 $0
GREG BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG LOOMIS BOARD MEMBER 1.00
Director
$0 $0 $0
RL RICHARDS BOARD MEMBER 1.00
Director
$0 $0 $0
JIM KNIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC HALLMARK BOARD MEMBER 1.00
Director
$0 $0 $0
DEBBIE ENGLE BOARD MEMBER 1.00
Director
$0 $0 $0
NATE CAMEN BOARD MEMBER 1.00
Director
$0 $0 $0
JEANNIE MEZA-CHAVEZ BOARD MEMBER 1.00
Director
$0 $0 $0
EDUARDO HERNANDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
PAULA RENKEN BOARD MEMBER 1.00
Director
$0 $0 $0
RAY FREEMAN PRIOR EXECUTIVE DIRECTOR 40.00
Officer
$234,842 $43,681 $278,523
JOSH SANDERSON EXECUTIVE DIRECTOR 40.00
Officer
$179,373 $27,960 $207,333
ADAM PIERCE DIRECTOR OF RESEARCH 40.00
Officer
$115,761 $35,936 $151,697
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 $1,161,968 $1,199,926 $2,454,957 $-37,958
2023 $1,165,197 $1,385,383 $2,485,212 $-220,186
2022 $1,223,356 $1,332,095 $2,547,392 $-108,739
2021 $1,355,775 $1,302,286 $3,128,243 $53,489
2020 $1,308,249 $1,261,341 $3,096,685 $46,908
2019 $1,317,193 $1,334,443 $3,102,666 $-17,250
2018 $1,296,564 $1,370,804 $3,068,782 $-74,240
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