AMARILLO AREA FOUNDATION INC (EIN 750978220) - 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

1957

Legal Domicile

Principal Officer

CLAY STRIBLING

Phone

8063764521

Tax Period

2023-01-01 to 2023-12-31

AMARILLO AREA FOUNDATION INC, founded in 1957, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $23.4M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $21.2M left a modest 9% surplus.

Mission

A COMMUNITY FOUNDATION OPERATING AS A PUBLIC CHARITY, WITH A MISSION TO IMPROVE THE QUALITY OF LIFE IN THE TEXAS PANHANDLE THROUGH EFFECTIVE PHILANTHROPIC EFFORTS.

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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 $13,533,446

Program Service Revenue $1,280,186

Investment Income $8,154,765

Other Revenue $456,486

TOTAL REVENUE $23,424,883

Expense Breakdown

Grants Paid $17,242,529

Salaries & Benefits $2,471,219

Fundraising Expenses $754,033

Program Expenses $18,811,005

Other Expenses $1,527,422

TOTAL EXPENSES $21,241,170

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,424,883	$28,347,458	-0.2%
Expenses	$21,241,170	$20,512,387	+0.0%
Net Income	$2,183,713	$7,835,071	-0.7%

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

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

$456,981

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID PRESCOTT	CHAIR	1.00	Officer Director	$0	$0	$0
CHERI DE JONG	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SHARON WHITE	SECRETARY	1.00	Officer Director	$0	$0	$0
MIKE HUGHES	TREASURER	1.00	Officer Director	$0	$0	$0
VANESSA BUZZARD	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
SCOTT BIDDY	DIRECTOR	1.00	Director	$0	$0	$0
LEWIS BRITT	DIRECTOR	1.00	Director	$0	$0	$0
HELEN BURTON	DIRECTOR	1.00	Director	$0	$0	$0
TREVOR CAVINESS	DIRECTOR	1.00	Director	$0	$0	$0
SONJA CLARK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CRUZ	DIRECTOR	1.00	Director	$0	$0	$0
MARY EMENY	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW HALL	DIRECTOR	1.00	Director	$0	$0	$0
LORI HENKE	DIRECTOR	1.00	Director	$0	$0	$0
BOWDEN JONES	DIRECTOR	1.00	Director	$0	$0	$0
MARK KEYS	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE KINGSTON	DIRECTOR	1.00	Director	$0	$0	$0
PEDRO LIMAS	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES MESTAS	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN MOUDY	DIRECTOR	1.00	Director	$0	$0	$0
STELLA SAULS	DIRECTOR	1.00	Director	$0	$0	$0
TRENT SISEMORE	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM WARE	DIRECTOR	1.00	Director	$0	$0	$0
SHARON WHITE	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE WILLIS	DIRECTOR	1.00	Director	$0	$0	$0
CLAY STRIBLING	PRESIDENT & CEO	20.00	Officer	$246,329	$47,205	$293,534
DAVID HURTT	ASSISTANT SECRETARY/VP FINANCE	20.00	Officer	$129,703	$33,744	$163,447
KERALEE CLAY	VP OF OPERATIONS	20.00	Highest	$145,206	$29,043	$174,249
LARA ESCOBAR	VP OF COMMUNITY INVESTMENT	20.00	Highest	$118,618	$13,966	$132,584
MELANIE SMOOT	VP OF DEVELOPMENT	20.00	Highest	$122,313	$22,819	$145,132

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	$23,424,883	$21,241,170	$164,308,187	$2,183,713
2022	$28,347,458	$20,512,387	$152,569,192	$7,835,071
2021	$39,731,852	$16,115,427	$171,829,645	$23,616,425
2020	$11,027,021	$13,755,555	$153,231,166	$-2,728,534
2019	$16,757,792	$12,052,293	$140,157,622	$4,705,499
2018	$17,608,808	$12,809,715	$120,034,985	$4,799,093

AMARILLO AREA FOUNDATION INC