The Shumla School Inc (EIN 742869788) - 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

1998

Legal Domicile

Principal Officer

Tim Watt

Phone

4322924848

Tax Period

2024-01-01 to 2024-12-31

The Shumla School Inc, founded in 1998, is a community nonprofit in the Social Science sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $303K, a strong 28% operating margin.

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.

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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 $916,850

Program Service Revenue $79,325

Investment Income $89,037

Other Revenue $660

TOTAL REVENUE $1,085,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $551,704

Fundraising Expenses $60,139

Program Expenses $602,101

Other Expenses $230,815

TOTAL EXPENSES $782,519

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,085,872	$1,178,398	-0.1%
Expenses	$782,519	$905,162	-0.1%
Net Income	$303,353	$273,236	+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

Volunteers

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	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
Carolyn Boyd	Director	1.00	Director	$0	$0	$0
Kim Canseco	Director	1.00	Director	$0	$0	$0
Lacy Finley	Director	1.00	Director	$0	$0	$0
Nancy Kenmotsu	Director	1.00	Director	$0	$0	$0
Mike Webb	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
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

The Shumla School Inc