Dallas, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Texas Assoc of Developing Colleges, founded in 1967, is a small nonprofit in the Education sector that reported $529K in total revenue in fiscal year 2023. Expenses of $593K exceeded revenue, resulting in a 12% operating deficit.
The mission of the Organization is to strategically plan, organize and direct cooperative opportunities and programs for its five member private historically black colleges and universities and serve as administrator of educational and community programs.
With approval of the State of Texas, TADC is Administrator of the Urban Scholarship Fund. This fund is made up of funds from AT&T Utility Funds and provide 2 year private, 4 year public and...
With approval of the State of Texas, TADC is Administrator of the Urban Scholarship Fund. This fund is made up of funds from AT&T Utility Funds and provide 2 year private, 4 year public and Trade/Technical School Scholarship support to needy students who meet established eligibilty requirements. This includes applicants that must be full time undergraduate students and have graduated from a high school in one of 43 Texas Cities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $529,121 | $552,420 | 0.0% |
| Expenses | $592,559 | $518,226 | +0.1% |
| Net Income | $-63,438 | $34,194 | -2.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Herman Felton | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Collette Pierce - Burnette | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Michael Sorrell | Director | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lester Newman | Chairman | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dwight Fennell | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Tyra Williams | Executive Director | 20.00 |
Key Emp
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $529,121 | $592,559 | $649,400 | $-63,438 |
| 2023 | $552,420 | $518,226 | $759,375 | $34,194 |
| 2022 | $584,491 | $531,787 | $723,184 | $52,704 |
| 2021 | $635,793 | $601,986 | $687,346 | $33,807 |
| 2020 | $818,531 | $763,126 | $682,546 | $55,405 |
| 2019 | $554,117 | $631,510 | $843,362 | $-77,393 |
| 2018 | $537,575 | $672,462 | $546,954 | $-134,887 |
Compare Texas Assoc of Developing Colleges with other nonprofits in Texas and across the country.