PRIVATE SCHOOLS INTERSCHOLASTIC ASSN INC (EIN 742857616) - 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

1997

Legal Domicile

Principal Officer

ROBERT WALTERS

Phone

8174169504

Tax Period

2024-01-01 to 2024-12-31

PRIVATE SCHOOLS INTERSCHOLASTIC ASSN INC, founded in 1997, is a small nonprofit in the Education sector that reported $286K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 31% operating margin.

Mission

DEVELOP AND CONDUCT ACADEMIC COMPETITION FOR PRIVATE SCHOOLED ELEMENTARY AGE STUDENTS IN THE STATE OF TEXAS, INCLUDING DISTRICT & STATE CONTESTS.

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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 $0

Program Service Revenue $285,532

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,248

Fundraising Expenses $0

Other Expenses $54,971

TOTAL EXPENSES $196,219

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,532	$217,383	+0.3%
Expenses	$196,219	$225,861	-0.1%
Net Income	$89,313	$-8,478	-11.5%

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

Volunteers

1000

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

$15,000

Total Directors

$122,000

Key Employees

$90,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA B WALTERS	PRESIDENT	5.00	Officer Director Key Emp	$15,000	$0	$15,000
R BRUCE WALTERS	SECRETARY	2.00	Officer Director	$0	$0	$0
DOUG RAY	EXECUTIVE DIRECTOR	40.00	Director Key Emp	$75,000	$0	$75,000
ELLEN ALLEN	BOARD MEMBER	N/A	Director	$0	$0	$0
KRISTIN MUSGROVE	BOARD MEMBER	N/A	Director	$0	$0	$0
HEATHER HUANG	ASSISTANT	40.00	Director	$32,000	$0	$32,000

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	$285,532	$196,219	$238,441	$89,313
2023	$217,383	$225,861	$150,827	$-8,478
2019	$249,576	$269,636	$203,367	$-20,060
2018	$260,243	$256,133	$223,194	$4,110

PRIVATE SCHOOLS INTERSCHOLASTIC ASSN INC