TEXAS BAPTIST HOME FOR CHILDREN

EIN: 750838773 501(c)(3) Human Services

WAXAHACHIE, TX

Total Revenue
$3,874,524
Total Expenses
$3,759,599
Total Assets
$9,855,859
Net Assets
$9,843,006
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
TX
Principal Officer
RICHARD J CURRY
Phone
9729383901
Tax Period
2024-09-01 to 2025-08-31

TEXAS BAPTIST HOME FOR CHILDREN, founded in 1910, is a community nonprofit in the Human Services sector that reported $3.9M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Net assets of $9.8M represent 30 months of operating reserves.

Mission

THIS MINISTRY EXISTS TO PROTECT THE SANCTITY OF HUMAN LIFE AND TO PROMOTE THE PRESERVATION OF THE FAMILY. THE PURPOSE IS TO MANIFEST ITSELF IN PREVENTION, REHABILITATIVE, AND SPECIALIZED SERVICES TO CHILDREN, YOUTH, ADULTS, AND FAMILIES. THE AIM OF THESE PROGRAMS IS TO ENABLE THIS MINISTRY, LOCAL CHURCHES, AND THE COMMUNITY TO MEET MORE EFFICIENTLY THE PHYSICAL, MENTAL, EMOTIONAL, AND SPIRITUAL NEEDS OF INDIVIDUALS AND FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,223,334
Program Service Revenue $123,840
Investment Income $502,597
Other Revenue $24,753
TOTAL REVENUE $3,874,524

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,939,963
Fundraising Expenses $82,223
Program Expenses $3,164,001
Other Expenses $1,819,636
TOTAL EXPENSES $3,759,599

Year-over-Year Comparison

2024 2023 Change
Revenue $3,874,524 $4,083,702 -0.1%
Expenses $3,759,599 $4,129,029 -0.1%
Net Income $114,925 $-45,327 -3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
36
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
7
$178,474
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICKY THOMPSON TRUSTEE 1.00
Director
$0 $0 $0
STEVE JETER VICE CHAIR 1.00
Officer Director
$0 $0 $0
LEON ROSS CHAIR 1.00
Officer Director
$0 $0 $0
JUSTIN HARDIN SECRETARY 1.00
Officer Director
$0 $0 $0
RUSS JACKSON COMMITTEE 1.00
Director
$0 $0 $0
MATT WALKER THIRD CHAIR 1.00
Officer Director
$0 $0 $0
CHARLOTTE JOHNSON COMMITTEE 1.00
Director
$0 $0 $0
DUSTIN GUIDRY COMMITTEE 1.00
Director
$0 $0 $0
RONNIE MILLS COMMITTEE 1.00
Director
$0 $0 $0
JOHN WHITE TRUSTEE 1.00
Director
$0 $0 $0
DARRELL ORR ASST SECRETARY 1.00
Officer Director
$0 $0 $0
CARL WORD TRUSTEE 1.00
Director
$0 $0 $0
JULIE SANDERS TRUSTEE 1.00
Director
$0 $0 $0
RONNIE YARBER SBTC REP/TRUSTEE 1.00
Director
$0 $0 $0
KEVAN WOOD TRUSTEE 1.00
Director
$0 $0 $0
RICHARD J CURRY PRESIDENT 44.00
Officer
$90,560 $8,640 $99,200
JAMI HOGAN VICE PRESIDENT OF PROGRAMS 44.00
Officer
$79,034 $240 $79,274
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 $3,874,524 $3,759,599 $9,855,859 $114,925
2024 $4,083,702 $4,129,029 $9,633,076 $-45,327
2023 $4,671,832 $3,968,689 $9,001,954 $703,143
2022 $3,832,503 $3,637,728 $8,446,779 $194,775
2021 $4,143,629 $3,568,419 $8,843,689 $575,210
2020 $3,896,649 $3,873,826 $7,685,432 $22,823
2019 $4,713,599 $4,320,112 $7,872,905 $393,487
2018 $3,725,590 $3,768,608 $7,074,674 $-43,018
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