Texas Southmost College Foundation… - Form 990 Financial Data

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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

1984

Legal Domicile

Principal Officer

Jesus R Rodriguez PhD

Phone

9562953679

Tax Period

2023-09-01 to 2024-08-31

Texas Southmost College Foundation Inc, founded in 1984, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 88% operating margin.

Mission

To assist Texas Southmost College in providing higher education to increase numbers of area residents by funding scholarships for elgible students.

Program Service Accomplishments

Program 1

Expenses: $14,500

The TSC Foundation supports the college and its students in attainment of their educational goals by providing support for student scholarships, academic instruction, and instructional support.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $794,614

Other Revenue $1,384,006

TOTAL REVENUE $2,178,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $200,145

Program Expenses $14,500

Other Expenses $268,765

TOTAL EXPENSES $268,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,178,620	$1,083,601	+1.0%
Expenses	$268,765	$423,773	-0.4%
Net Income	$1,909,855	$659,828	+1.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edward Bustos	Director	N/A	Director	$0	$0	$0
Joey Camacho	Director	N/A	Director	$0	$0	$0
Dr Nereida Cantu	Director	N/A	Director	$0	$0	$0
Maru De La Paz	Director	N/A	Director	$0	$0	$0
Edgar F Garcia	Director	N/A	Director	$0	$0	$0
Dr Norma Lopez-Harris	Director	N/A	Director	$0	$0	$0
Roel Rodriguez	Director	N/A	Director	$0	$0	$0
Delia Saenz	Director	N/A	Director	$0	$0	$0
Nikhil Shah	Director	N/A	Director	$0	$0	$0
Roy De Los Santos	Chair	N/A	Officer	$0	$0	$0
Dr Gustavo Stern	Treasurer	N/A	Officer	$0	$0	$0
Adela G Garza	Vice Chair	N/A	Officer	$0	$0	$0
Dr Jesus Roberto Rodriguez	TSC President	N/A	Officer	$0	$0	$0
Norma Hinojosa	Secretary	N/A	Officer	$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	$2,178,620	$268,765	$14,044,879	$1,909,855
2024	$2,178,620	$618,765	$14,044,879	$1,559,855
2023	$1,083,601	$423,773	$12,101,030	$659,828
2022	$-1,400,651	$604,724	$11,125,767	$-2,005,375
2021	$2,272,600	$405,098	$12,813,191	$1,867,502
2021	$2,272,600	$405,098	$12,813,191	$1,867,502
2020	$1,261,451	$277,354	$10,869,966	$984,097

Texas Southmost College Foundation Inc