KLRN ENDOWMENT FUND INC

EIN: 742709188 501(c)(3) Philanthropy & Grantmaking

SAN ANTONIO, TX

Total Revenue
$1,246,963
Total Expenses
$490,949
Total Assets
$20,220,188
Net Assets
$20,218,541
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
TX
Principal Officer
PATRICK LOPEZ
Phone
2102709000
Tax Period
2024-10-01 to 2025-09-30

KLRN ENDOWMENT FUND INC, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $756K, a strong 61% operating margin.

Mission

AN ENDOWMENT FOR SUPPORT OF THE MISSION OF KLRN, THE PUBLIC BROADCASTING ENTITY SERVING SOUTH CENTRAL 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $249,883
Program Service Revenue $0
Investment Income $997,080
Other Revenue $0
TOTAL REVENUE $1,246,963

Expense Breakdown

Grants Paid $468,049
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $468,049
Other Expenses $22,900
TOTAL EXPENSES $490,949

Year-over-Year Comparison

2024 2023 Change
Revenue $1,246,963 $4,567,591 -0.7%
Expenses $490,949 $490,925 +0.0%
Net Income $756,014 $4,076,666 -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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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
20

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
9
$161,554
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK LOPEZ ASSISTANT TREAS 3.00
Officer
$0 $22,812 $161,554
Suzanne Peterson MEMBER AT LARGE 1.00
Officer Director
$0 $0 $0
C MARTIN WENDER PAST CHAIR 1.00
Officer Director
$0 $0 $0
MARY HENRICH Chair 1.00
Officer Director
$0 $0 $0
TOMMY OLIPHINT Treasurer 1.00
Officer Director
$0 $0 $0
BRUCE M MITCHELL Secretary 1.00
Officer Director
$0 $0 $0
GUY BODINE BOARD MEMBER 1.00
Director
$0 $0 $0
LUIS DE LA TORRE BOARD MEMBER 1.00
Director
$0 $0 $0
KAY CASEY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE JACOBSON AT-LARGE 1.00
Officer Director
$0 $0 $0
James D Goudge Treasurer 1.00
Officer Director
$0 $0 $0
LEE DERR BOARD MEMBER 1.00
Director
$0 $0 $0
Joan Buzzini Hurd BOARD MEMBER 1.00
Director
$0 $0 $0
AUSTIN DICKSON CHAIR ELECT 1.00
Officer Director
$0 $0 $0
Deborah Omowale Jarmon BOARD MEMBER 1.00
Director
$0 $0 $0
Dr Adena Williams Loston BOARD MEMBER 1.00
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 $1,246,963 $490,949 $20,220,188 $756,014
2024 $4,567,591 $490,925 $18,764,842 $4,076,666
2023 $599,763 $513,629 $12,942,130 $86,134
2022 $979,656 $460,394 $12,046,587 $519,262
2021 $2,613,061 $394,270 $13,797,136 $2,218,791
2020 $374,952 $366,211 $9,993,163 $8,741
2019 $521,398 $451,869 $9,995,243 $69,529
2018 $1,840,944 $229,249 $10,082,189 $1,611,695
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