THE TEXAS CAVALIERS CHARITABLE FOUNDATION (EIN 742546003) - 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

1989

Legal Domicile

Principal Officer

MICHAEL R KIOLBASSA

Phone

2108222216

Tax Period

2024-07-01 to 2025-06-30

THE TEXAS CAVALIERS CHARITABLE FOUNDATION, founded in 1989, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. The organization ran a surplus of $793K, a strong 24% operating margin.

Mission

THE FOUNDATION'S EXEMPT PURPOSE IS TO ENCOURAGE, FOSTER, SUPPORT, AND CONDUCT ACTIVITIES AND PROGRAMS WHICH WILL BENEFIT CHILDREN RESIDING WITHIN TEXAS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,483,275

Program Service Revenue $0

Investment Income $504,232

Other Revenue $282,026

TOTAL REVENUE $3,269,533

Expense Breakdown

Grants Paid $2,099,189

Salaries & Benefits $110,855

Fundraising Expenses $0

Program Expenses $2,241,564

Other Expenses $266,017

TOTAL EXPENSES $2,476,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,269,533	$3,324,954	0.0%
Expenses	$2,476,061	$1,696,145	+0.5%
Net Income	$793,472	$1,628,809	-0.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

152

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

$83,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANNON NISBET	EXEC DIRECTOR	40.00	Officer	$83,250	$0	$83,250
JEFFREY C BAILEY	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
W PLACK CARR III	President	1.00	Officer Director	$0	$0	$0
MICHAEL R KIOLBASSA	Vice President	1.00	Officer Director	$0	$0	$0
GEORGE V SHAW	Treasurer	1.00	Officer Director	$0	$0	$0
STEPHEN BLOUNT	FUNDR. CHAIRMAN	1.00	Officer Director	$0	$0	$0
GREGORY L WRIGHT	Secretary	1.00	Officer Director	$0	$0	$0
FRED MIDDLETON	CHRMN EMERITUS	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	$3,269,533	$2,476,061	$12,167,959	$793,472
2024	$3,324,954	$1,696,145	$12,171,648	$1,628,809
2023	$2,330,761	$6,577,158	$11,156,403	$-4,246,397
2022	$6,595,749	$2,240,939	$11,025,028	$4,354,810
2021	$1,064,761	$1,254,874	$7,974,144	$-190,113
2020	$1,859,283	$2,211,045	$6,815,153	$-351,762
2019	$1,700,049	$1,545,099	$6,883,910	$154,950

THE TEXAS CAVALIERS CHARITABLE FOUNDATION