SYLVESTER H REED MEMORIAL TRUST

EIN: 746395876 501(c)(3) Education

PFLUGERVILLE, TX

Total Revenue
$1,473,662
Total Expenses
$599,837
Total Assets
$13,014,351
Net Assets
$13,014,351
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
TX
Phone
5129902355
Tax Period
2025-01-01 to 2025-12-31

SYLVESTER H REED MEMORIAL TRUST, founded in 1997, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $874K, a strong 59% operating margin.

Mission

PROVIDE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS IN BURNET, TEXAS TO ASSIST WITH COLLEGE AND TRADE SCHOOL TUITION

Program Service Accomplishments

Program 1
Expenses: $599,837

PROVIDED $500,000 IN SCHOLARSHIP FUNDS TO THE HILL COUNTRY COMMUNITY FOUNDATION

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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 $0
Program Service Revenue $0
Investment Income $898,921
Other Revenue $574,741
TOTAL REVENUE $1,473,662

Expense Breakdown

Grants Paid $500,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $599,837
Other Expenses $99,837
TOTAL EXPENSES $599,837

Year-over-Year Comparison

2025 2024 Change
Revenue $1,473,662 $1,342,199 +0.1%
Expenses $599,837 $598,033 +0.0%
Net Income $873,825 $744,166 +0.2%
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

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Governance

Voting Members
2
Independent Members
2
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS J REED Chairman 5.00
Director
$0 $0 $0
DENNIS HOOVER Trustee 5.00
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 $1,473,662 $599,837 $13,014,351 $873,825
2024 $1,342,199 $598,033 $12,140,526 $744,166
2023 $947,901 $594,339 $11,396,360 $353,562
2022 $-1,752,351 $600,674 $11,042,798 $-2,353,025
2021 $1,098,474 $597,229 $13,395,823 $501,245
2020 $5,280,971 $670,901 $12,894,578 $4,610,070
2019 $342,920 $432,059 $8,284,508 $-89,139
2018 $-760,242 $476,566 $8,373,647 $-1,236,808
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