EASTER SEALS NORTH TEXAS (EIN 750827419) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

CHRISTINE MCMAHON

Phone

8173327171

Tax Period

2023-10-01 to 2024-09-30

EASTER SEALS NORTH TEXAS, founded in 1948, is a small nonprofit in the Diseases & Disorders sector that reported $376K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $70K, a strong 19% operating margin.

Mission

WE HELP ADVANCE THE INDEPENDENCE OF INDIVIDUALS WITH DISABILITIES & OTHER SPECIAL NEEDS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $42,731

Program Service Revenue $146,489

Investment Income $115,973

Other Revenue $70,667

TOTAL REVENUE $375,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,430

Fundraising Expenses $21,159

Program Expenses $8,354

Other Expenses $300,434

TOTAL EXPENSES $305,864

Year-over-Year Comparison

	2023	2022	Change
Revenue	$375,860	$2,843,005	-0.9%
Expenses	$305,864	$1,889,293	-0.8%
Net Income	$69,996	$953,712	-0.9%

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

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

$1,714,246

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH-ANN STEED	TREASURER	1.00	Officer Director	$0	$0	$0
SCOTT NEWMAN	CHAIR (THRU 08/2024)	1.00	Officer Director	$0	$0	$0
ADYAN AHMED	BOARD MEMBER (AS OF 05/2024)	1.00	Director	$0	$0	$0
FRANCES CRUZ	BOARD MEMBER (AS OF 05/2024)	1.00	Director	$0	$0	$0
TAYLOR DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNA MERCHANT	BOARD MEMBER (THRU 04/2024)	1.00	Director	$0	$0	$0
JON MOLNOSKEY	BOARD MEMBER (THRU 09/2024)	1.00	Director	$0	$0	$0
REBECCA ORDINARIO	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH PETERSON	BOARD MEMBER (THRU 09/2024)	1.00	Director	$0	$0	$0
JONAS SCHWARTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES SHAW	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT SWIFT	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID THOMPSON	BOARD MEMBER (THRU 04/2024)	1.00	Director	$0	$0	$0
JEANNE WHITE	BOARD MEMBER (THRU 06/2024)	1.00	Director	$0	$0	$0
CHRISTINE MCMAHON	PRESIDENT & CEO OF FEDCAP	1.00	Officer	$0	$151,561	$891,927
CAROL KHOURY	CFO OF FEDCAP	1.00	Officer	$0	$8,517	$347,921
KENNETH BREZENOFF	GEN. COUNSEL & VP STRAT. INIT.	1.00	Officer	$0	$18,802	$262,175
TOD MARVIN	PRESIDENT (THRU 01/2024)	20.00	Officer	$0	$31,598	$212,223
MARY VAN HANEGHAN	EXECUTIVE DIRECTOR (AS OF 08/2024)	20.00	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	$375,860	$305,864	$9,473,386	$69,996
2023	$2,843,005	$1,889,293	$8,170,508	$953,712
2022	$5,596,248	$3,683,717	$6,924,000	$1,912,531
2021	$3,817,445	$3,969,705	$7,741,249	$-152,260
2020	$4,938,922	$4,823,431	$6,563,690	$115,491

EASTER SEALS NORTH TEXAS