EASTER SEALS NORTH TEXAS

EIN: 750827419 501(c)(3) Diseases & Disorders

FORT WORTH, TX

Total Revenue
$375,860
Total Expenses
$305,864
Total Assets
$9,473,386
Net Assets
$9,102,691
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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
TX
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

EASTER SEALS NORTH TEXAS MAINTAINS A PIECE OF ARTWORK IN ITS LOBBY TO RECOGNIZE THE GENEROSITY AND GIVING OF ITS FOUNDING MEMBERS. THIS ARTWORK HAS BEEN VALUED AT $22,200.

Program Service Accomplishments

Program 1
Expenses: $6,186 Revenue: $106,199

THE CHILD DEVELOPMENT PROGRAM IS A LICENSED PRESCHOOL PROGRAM DESIGNED TO MEET THE NEEDS OF BOTH TYPICALLY DEVELOPING CHILDREN AND CHILDREN WHO HAVE AN AUTISM SPECTRUM DISORDER OR RELATED DISABILITY...

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THE CHILD DEVELOPMENT PROGRAM IS A LICENSED PRESCHOOL PROGRAM DESIGNED TO MEET THE NEEDS OF BOTH TYPICALLY DEVELOPING CHILDREN AND CHILDREN WHO HAVE AN AUTISM SPECTRUM DISORDER OR RELATED DISABILITY. THE CENTER SERVES CHILDREN AGES 6 WEEKS TO 6 YEARS OF AGE AND IS THE ONLY PROGRAM IN TEXAS TO OFFER AN INCLUSIVE, LICENSED TODDLER AND PRESCHOOL PROGRAM IN WHICH APPLIED BEHAVIOR ANALYSIS (ABA) TREATMENT IS FULLY EMBEDDED, AS WELL AS SUPERVISED BY A BOARD CERTIFIED BEHAVIOR ANALYST. EACH CLASSROOM AT THE CENTER PROVIDES A FULL DAY OF ACTIVITIES THAT ARE DESIGNED TO MEET THE WIDE RANGE OF NEEDS THAT GROWING CHILDREN HAVE. ALL CHILDREN HAVE PLENTY OF TIME TO WORK OUT THEIR MUSCLES DURING OUTSIDE AND SPORTS TIME, AND ARE ENCOURAGED TO USE THEIR IMAGINATIONS DURING DRAMATIC PLAY AND ART ACTIVITIES. THERE ARE GROUP ACTIVITIES AND ENGAGING INDIVIDUAL CHALLENGES AS THE CHILDREN GET OLDER AND PROGRESS THROUGH OUR CLASSROOMS. THEY ARE EXPOSED TO AGE-APPROPRIATE ACADEMIC SKILLS THAT AID THEM AS THEY MOVE INTO KINDERGARTEN. THE CENTER IS A CERTIFIED REPLICATION OF THE WALDEN EARLY CHILDHOOD CENTER, DEVELOPED BY DR. GAIL MCGEE AT EMORY UNIVERSITY IN ATLANTA, WHICH INCLUDES ALL RECOMMENDED ASPECTS OF AN EARLY INTENSIVE INTERVENTION PROGRAM. THE ABA INCLUSION ASPECT ENABLES TREATMENT PROVIDERS TO EMPHASIZE LANGUAGE USAGE, SOCIALIZATION, AND APPROPRIATE ENGAGEMENT ALL THROUGHOUT THE CHILD'S DAY. WITH CAREFUL PLANNING AND IMPLEMENTATION, TYPICALLY DEVELOPING PEERS BECOME THE CUES THAT TRIGGER MORE COMMUNICATIVE AND SOCIAL BEHAVIOR, WHICH HELPS THE CHILDREN WITH AUTISM FORM NATURAL RELATIONSHIPS.

Program 2
Expenses: $2,168 Revenue: $19,583

PRESIDENT/CEO, CHRISTINE MCMAHON PARTICIPATES IN FEDCAP'S SUPPLEMENTAL NONQUALIFIED SECTION 457(F) RETIREMENT PLAN. THE EMPLOYER CONTRIBUTION TO THE SECTION 457(F) PLAN IN CALENDAR YEAR 2023...

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PRESIDENT/CEO, CHRISTINE MCMAHON PARTICIPATES IN FEDCAP'S SUPPLEMENTAL NONQUALIFIED SECTION 457(F) RETIREMENT PLAN. THE EMPLOYER CONTRIBUTION TO THE SECTION 457(F) PLAN IN CALENDAR YEAR 2023 $130,000; THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN C.

Program 3
Expenses: $0 Revenue: $20,707

VOCATIONAL: THE EMPLOYMENT PROGRAM OF EASTER SEALS NORTH TEXAS PROVIDES COMPREHENSIVE EMPLOYMENT SERVICES THAT ASSIST JOB SEEKERS IN LOCATING EMPLOYMENT, MAINTAINING EMPLOYMENT, AND WAGE AND...

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VOCATIONAL: THE EMPLOYMENT PROGRAM OF EASTER SEALS NORTH TEXAS PROVIDES COMPREHENSIVE EMPLOYMENT SERVICES THAT ASSIST JOB SEEKERS IN LOCATING EMPLOYMENT, MAINTAINING EMPLOYMENT, AND WAGE AND EMPLOYMENT ADVANCEMENT. JOB SEEKERS WITH DISABILITIES HAVE TWICE THE UNEMPLOYMENT RATE OF JOB SEEKERS WHO DO NOT HAVE DISABILITIES. THE EASTER SEALS WORKFORCE PROGRAM IS DESIGNED TO PROVIDE JOB SEEKERS WITH SIGNIFICANT DISABILITIES COMPREHENSIVE SUPPORTIVE SERVICES THROUGH A SUPPORTED EMPLOYMENT PROGRAM THAT INCLUDES CUSTOMIZED EMPLOYMENT OPPORTUNITIES AND EMPLOYMENT SUPPORTS FOR THE LIFE OF THE JOB. WORKFORCE SERVICES INCLUDE JOB PREPARATION TRAINING, ON-THE-JOB COACHING, RESUME WRITING SKILLS, INTERVIEWING SKILL TRAINING, JOB DEVELOPMENT, AND JOB PLACEMENT.

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

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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
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Governance

Voting Members
8
Independent Members
8
Employees
33
Volunteers
30

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
7
$1,714,246
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
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
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