The Shumla School Inc

EIN: 742869788 501(c)(3) Social Science

Comstock, TX

Total Revenue
$816,202
Total Expenses
$812,222
Total Assets
$1,770,546
Net Assets
$1,768,494
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
TX
Principal Officer
Tim Watt
Phone
4322924848
Tax Period
2025-01-01 to 2025-12-31

The Shumla School Inc, founded in 1998, is a small nonprofit in the Social Science sector that reported $816K in total revenue in fiscal year 2025. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $1.8M represent 26 months of operating reserves.

Mission

Shumla preserves the oldest known books in North America - the ancient narrative murals of the Lower Pecos canyonlands of Texas. Through documentation, research, stewardship and education, Shumla is revealing lost chapters in North American history.

Program Service Accomplishments

Program 1
Expenses: $600,762 Revenue: $18,592

In 2025, Shumla continued the Hearthstone project, launched in 2021 and funded in part by grants from the National Science Foundation and National Endowment for the Humanities. Through this project...

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In 2025, Shumla continued the Hearthstone project, launched in 2021 and funded in part by grants from the National Science Foundation and National Endowment for the Humanities. Through this project, Shumla is building a chronology of the murals of the lower Pecos and beginning to answer fundamental questions about their production and meaning. The project is anchored in the former Alexandria project and utilizes archeological science, formal art analysis and indigenous knowledge. Shumla also continued its educational effort Shumla Scholars and internships, community outreach, landowner and agency stewardship, and presented and published its methods and findings.

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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 (2025)

Revenue Breakdown

Contributions & Grants $641,253
Program Service Revenue $18,592
Investment Income $155,578
Other Revenue $779
TOTAL REVENUE $816,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $585,961
Fundraising Expenses $54,822
Program Expenses $600,762
Other Expenses $226,261
TOTAL EXPENSES $812,222

Year-over-Year Comparison

2025 2024 Change
Revenue $816,202 $1,085,872 -0.2%
Expenses $812,222 $782,519 +0.0%
Net Income $3,980 $303,353 -1.0%
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
14
Independent Members
14
Employees
10
Volunteers
15

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Watt President 1.00
Officer Director
$0 $0 $0
Kelly Timmons Vice President 1.00
Officer Director
$0 $0 $0
Pansy Price Secretary 1.00
Officer Director
$0 $0 $0
David Graf Treasurer 1.00
Officer Director
$0 $0 $0
Christie Williams Director 1.00
Director
$0 $0 $0
J Renea Mohr Director 1.00
Director
$0 $0 $0
Daniel C Massey Director 1.00
Director
$0 $0 $0
MJ Hawes Director 1.00
Director
$0 $0 $0
Lacy Finley Director 1.00
Director
$0 $0 $0
Nancy Kenmotsu PhD Director 1.00
Director
$0 $0 $0
Mike Webb Director 1.00
Director
$0 $0 $0
Dr Carolyn Boyd Director 1.00
Director
$0 $0 $0
Elton Prewitt Director 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 $816,202 $812,222 $1,770,546 $3,980
2024 $1,085,872 $782,519 $1,770,503 $303,353
2023 $1,178,398 $905,162 $1,468,403 $273,236
2022 $869,972 $745,748 $1,146,944 $124,224
2021 $754,889 $709,088 $1,022,277 $45,801
2020 $617,962 $628,454 $968,836 $-10,492
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