SYLVESTER H REED MEMORIAL TRUST (EIN 746395876) - 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

1997

Legal Domicile

Phone

5129902355

Tax Period

2024-01-01 to 2024-12-31

SYLVESTER H REED MEMORIAL TRUST, founded in 1997, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $744K, a strong 55% operating margin.

Mission

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

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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 $0

Program Service Revenue $0

Investment Income $758,276

Other Revenue $583,923

TOTAL REVENUE $1,342,199

Expense Breakdown

Grants Paid $500,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $598,033

Other Expenses $98,033

TOTAL EXPENSES $598,033

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,342,199	$947,901	+0.4%
Expenses	$598,033	$594,339	+0.0%
Net Income	$744,166	$353,562	+1.1%

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

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
THOMAS J REED	Chairman	5.00	Director	$0	$0	$0
JOHN W 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
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

SYLVESTER H REED MEMORIAL TRUST