GREATER FAYETTE COMMUNITY FOUNDATIO

EIN: 742997477 501(c)(3) Philanthropy & Grantmaking

LA GRANGE, TX

Total Revenue
$1,185,428
Total Expenses
$1,404,403
Total Assets
$2,014,112
Net Assets
$1,975,362
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
TX
Principal Officer
CHERYL PEKAR
Phone
9797972181
Tax Period
2024-01-01 to 2024-12-31

GREATER FAYETTE COMMUNITY FOUNDATIO, founded in 2002, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 18% operating deficit.

Mission

TO SERVE THE LOCAL COMMUNITY BY PROVIDING A MEANS TO RECEIVE AND DISTRIBUTE CHARITABLE FUNDS BASED ON THE WISHES OF THE DONOR AND ON THE CHANGING NEEDS OF THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,078,975
Program Service Revenue $60,740
Investment Income $45,712
Other Revenue $1
TOTAL REVENUE $1,185,428

Expense Breakdown

Grants Paid $882,504
Salaries & Benefits $228,996
Fundraising Expenses $0
Program Expenses $1,155,428
Other Expenses $292,903
TOTAL EXPENSES $1,404,403

Year-over-Year Comparison

2024 2023 Change
Revenue $1,185,428 $1,572,708 -0.2%
Expenses $1,404,403 $862,556 +0.6%
Net Income $-218,975 $710,152 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
4
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN BOOKOUT DIRECTOR 1.00
Director
$0 $0 $0
REENIE COLLINS VICE PRESIDE 1.00
Officer Director
$0 $0 $0
CATHY HORN DIRECTOR 1.00
Director
$0 $0 $0
DON JONES DIRECTOR 1.00
Director
$0 $0 $0
CHERYL PEKAR BOARD PRESID 3.00
Officer Director
$0 $0 $0
LESLIE PENELLO BOARD SECRET 1.00
Officer Director
$0 $0 $0
JANIS RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE SCULLY TREASURER 1.00
Officer Director
$0 $0 $0
LINDA STREICHER 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 $1,185,428 $1,404,403 $2,014,112 $-218,975
2023 $1,572,708 $862,556 $2,145,893 $710,152
2022 $712,258 $262,355 $1,335,336 $449,903
2021 $707,129 $148,775 $1,019,356 $558,354
2021 $210,860 $148,775 $523,087 $62,085
2020 $227,734 $39,485 $435,790 $188,249
2019 $23,895 $36,751 $231,279 $-12,856
2018 $89,726 $20,255 $221,603 $69,471
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GREATER FAYETTE COMMUNITY FOUNDATIO with other nonprofits in Texas and across the country.