TEXAS IMPACT EDUCATION FUND (EIN 742989021) - 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

2000

Legal Domicile

Principal Officer

BEE MOORHEAD

Phone

5124723930

Tax Period

2023-01-01 to 2023-12-31

TEXAS IMPACT EDUCATION FUND, founded in 2000, is a small nonprofit in the Religion sector that reported $603K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $702K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE PURPOSE OF THE CORPORATION IS TO PERFORM CHARITABLE ACTIVITIES WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTION 501(C)3 AND TEXAS TAX CODE SECTION 11.18(C). SPECIFICALLY, THE CORPORATION GENERATED AND DISSEMINATED INFORMATION RELATING TO POVERTY, PEACE, AND JUSTICE IN THE STATE OF 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $573,821

Program Service Revenue $0

Investment Income $0

Other Revenue $29,542

TOTAL REVENUE $603,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $407,052

Fundraising Expenses $25,286

Program Expenses $625,838

Other Expenses $295,347

TOTAL EXPENSES $702,399

Year-over-Year Comparison

	2023	2022	Change
Revenue	$603,363	$857,665	-0.3%
Expenses	$702,399	$655,768	+0.1%
Net Income	$-99,036	$201,897	-1.5%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEAMAN FLOYD	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAN BRINKS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PITTS	DIRECTOR	1.00	Director	$0	$0	$0
JOEL MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SCHEIBAL	DIRECTOR	1.00	Director	$0	$0	$0
MISSY APODACA	DIRECTOR	1.00	Director	$0	$0	$0
BEE MOORHEAD	EXECUTIVE DIRECTOR	25.00	Officer	$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	No data	No data	No data	No data
2023	$603,363	$702,399	$835,930	$-99,036
2022	$857,665	$655,768	$876,685	$201,897
2021	$275,020	$397,764	$719,286	$-122,744
2020	$350,821	$322,560	$813,432	$28,261
2019	$423,582	$571,157	$786,335	$-147,575
2018	$221,377	$88,073	$936,345	$133,304

TEXAS IMPACT EDUCATION FUND