FAMILY SERVICE ASSOCIATION DBA COMPASSION CORSICANA (EIN 750904056) - 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

1971

Legal Domicile

Principal Officer

MESLISSA CASTILLO

Phone

9038744971

Tax Period

2023-01-01 to 2023-12-31

FAMILY SERVICE ASSOCIATION DBA COMPASSION CORSICANA, founded in 1971, is a small nonprofit in the Human Services sector that reported $648K in total revenue in fiscal year 2023. Expenses of $749K exceeded revenue, resulting in a 16% operating deficit.

Mission

HELP FAMILIES AND INDIVIDUALS IN NEED IN THE COUNTY

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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 $612,737

Program Service Revenue $0

Investment Income $0

Other Revenue $35,115

TOTAL REVENUE $647,852

Expense Breakdown

Grants Paid $114,266

Salaries & Benefits $344,618

Fundraising Expenses $0

Program Expenses $615,192

Other Expenses $290,364

TOTAL EXPENSES $749,248

Year-over-Year Comparison

	2023	2022	Change
Revenue	$647,852	$676,152	0.0%
Expenses	$749,248	$718,734	+0.0%
Net Income	$-101,396	$-42,582	+1.4%

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

600

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

$72,970

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE HAYES	BOARD MEMBER	1.00	Director	$0	$0	$0
FR ED MONK	BOARD MEMBER	1.00	Director	$0	$0	$0
PHIL JUDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RAJ KRIPALANI	BOARD MEMBER	1.00	Director	$0	$0	$0
TYRONE HOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRY JACOBSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR JOE MCNALLY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SEMETRIC WALKER	TREASURER	1.00	Officer Director	$0	$0	$0
FAITH BOYD	SECRETARY	1.00	Officer Director	$0	$0	$0
DEREK J KESTER	EXECUTIVE DIRECTOR	40.00	Officer	$72,970	$0	$72,970

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	No data	No data	No data	No data
2023	$647,852	$749,248	$747,143	$-101,396
2022	$676,152	$718,734	$846,729	$-42,582
2021	$589,311	$558,961	$756,743	$30,350
2020	$583,772	$582,784	$769,111	$988
2019	$866,927	$448,443	$718,696	$418,484
2018	$432,701	$384,825	$508,473	$47,876

FAMILY SERVICE ASSOCIATION DBA COMPASSION CORSICANA