MARY E BIVINS FOUNDATION (EIN 750842370) - 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

1949

Legal Domicile

Principal Officer

KATHARYN WIEGAND

Phone

8063799400

Tax Period

2023-10-01 to 2024-09-30

MARY E BIVINS FOUNDATION, founded in 1949, is a community nonprofit in the Housing & Shelter sector that reported $7.8M in total revenue in fiscal year 2023. The organization ran a surplus of $3.3M, a strong 42% operating margin.

Mission

THE MARY E. BIVINS FOUNDATION, A TEXAS NON-PROFIT CORPORATION, WAS FORMED IN 1949. THE PURPOSES / MISSION FOR WHICH THE CORPORATION WAS FORMED ARE: (A) TO OPERATE FOR THE BENEFIT OF NURSING HOMES ESTABLISHED FOR WORTHY, AGED, AND NEEDY PERSONS. (B) TO OPERATE FOR THE BENEFIT OF NURSING HOMES ESTABLISHED FOR WORTHY, AGED, AND NEEDY PERSONS SUFFERING FROM ALZHEIMERS DISEASE. (C) TO OPERATE FOR THE BENEFIT OF WORTHY RELIGIOUS UNDERTAKINGS, INCLUDING THE EDUCATION OF MINISTERS TO PREACH THE CHRISTIAN RELIGION. (D) TO OPERATE FOR THE BENEFIT OF WORTHY CHARITABLE ORGANIZATIONS OR UNDERTAKINGS WHICH SERVE WORTHY, AGED, OR NEEDY PERSONS. (E) TO BE ORGANIZED AND OPERATED IN A MANNER TO SUPPORT OR BENEFIT ONE OR MORE SPECIFIED PUBLICLY SUPPORTED ORGANIZATIONS PURSUANT TO SECTION 1.509(A)-4(D) OF THE TREASURY REGULATIONS. (F) TO BE ORGANIZED AND OPERATED IN A MANNER TO EXCLUSIVELY SUPPORT RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. (G

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,110,298

Program Service Revenue $0

Investment Income $2,715,438

Other Revenue $1,431

TOTAL REVENUE $7,827,167

Expense Breakdown

Grants Paid $2,719,227

Salaries & Benefits $862,868

Fundraising Expenses $0

Program Expenses $3,089,214

Other Expenses $990,202

TOTAL EXPENSES $4,572,297

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,827,167	$7,251,451	+0.1%
Expenses	$4,572,297	$4,131,474	+0.1%
Net Income	$3,254,870	$3,119,977	+0.0%

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

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

$485,096

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHARYN WIEGAND	PRESIDENT	5.00	Officer	$218,984	$52,498	$271,482
PAUL SNEED	CHIEF FIN OF	5.00	Officer	$169,494	$44,120	$213,614
STEVE URBAN	CHAIRMAN	0.50	Officer Director	$0	$0	$0
MARK BIVINS	VICE CHAIRMA	0.50	Officer Director	$0	$0	$0
PUFF NIEGOS	SECRETARY	0.50	Officer Director	$0	$0	$0
DR BUD JOYNER	PAST BOARD C	0.50	Officer Director	$0	$0	$0
JULIE ATTEBURY	DIRECTOR	0.50	Director	$0	$0	$0
JULIE BIVINS	DIRECTOR	0.50	Director	$0	$0	$0
BARBIE JONES	DIRECTOR	0.50	Director	$0	$0	$0
PAUL MATNEY PHD	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN MITCHELL	DIRECTOR	0.50	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	$7,827,167	$4,572,297	$139,235,310	$3,254,870
2023	$7,251,451	$4,131,474	$109,322,513	$3,119,977
2022	$5,662,702	$2,720,410	$97,464,834	$2,942,292
2021	$7,900,290	$3,329,303	$114,509,781	$4,570,987
2020	$8,372,346	$2,774,434	$101,100,638	$5,597,912
2019	$8,930,263	$2,829,087	$90,115,909	$6,101,176
2018	$8,438,977	$2,274,175	$87,299,709	$6,164,802

MARY E BIVINS FOUNDATION