McMULLEN COUNTY FOUNDATION FOR EDU… - 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

1993

Legal Domicile

Principal Officer

WARREN WHEELER

Phone

3612742006

Tax Period

2023-07-01 to 2024-06-30

McMULLEN COUNTY FOUNDATION FOR EDUCATIONAL EXCELLENCE, founded in 1993, is a small nonprofit in the Education sector that reported $614K in total revenue in fiscal year 2023. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $363K, a strong 59% operating margin.

Mission

To suppport, encourage and enhance the educational and instructional functions of the McMullen County Independent School District.

Program Service Accomplishments

Program 1

Expenses: $249,153 Revenue: $614,292

The foundation is accumulating resources to provide support, encourage and enhance the educational and instructional functions of the McMullen County Independent School District.

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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 $614,292

Other Revenue $0

TOTAL REVENUE $614,292

Expense Breakdown

Grants Paid $249,153

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $249,153

Other Expenses $1,800

TOTAL EXPENSES $250,953

Year-over-Year Comparison

	2023	2022	Change
Revenue	$614,292	$318,641	+0.9%
Expenses	$250,953	$1,800	+138.4%
Net Income	$363,339	$316,841	+0.1%

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

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	Role	Reportable Comp	Other Comp	Total
WARREN WHEELER	President	Officer Director	$0	$0	$0
WALT FRANKLIN	Vice President	Officer Director	$0	$0	$0
KAREN WHEELER	Secretary	Officer Director	$0	$0	$0
MELISA MESA	Director	Director	$0	$0	$0
FRANK FRANKLIN	Director	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	No data	No data	No data	No data
2024	$614,292	$250,953	$13,673,149	$363,339
2023	$318,641	$1,800	$13,309,810	$316,841
2022	$-163,934	$1,400	$12,992,969	$-165,334
2021	$53,912	$131,099	$13,158,303	$-77,187

McMULLEN COUNTY FOUNDATION FOR EDUCATIONAL EXCELLENCE