PANOLA COLLEGE FOUNDATION

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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

1982

Legal Domicile

Phone

9036932025

Tax Period

2023-09-01 to 2024-08-31

PANOLA COLLEGE FOUNDATION, founded in 1982, is a small nonprofit that reported $590K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $412K, a strong 70% operating margin.

Mission

THE FOUNDATION'S PURPOSE IS TO STRENGTHEN THE EDUCATIONAL RESOURCES OF PANOLA COLLEGE BY ENCOURAGING A PROGRAM OF BENEFACTIONS TO THE COLLEGE.

Program Service Accomplishments

Program 1

Expenses: $82,171

DONATIONS TO SUPPORT INSTRUCTIONAL PROGRAMS AT PANOLA COLLEGE.

Program 2

Expenses: $89,302

SCHOLARSHIPS AWARDED FROM THE FOUNDATION TO PANOLA COLLEGE STUDENTS. THERE WERE NO STUDENTS THAT RECEIVED IN EXCESS OF $5,000.

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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 $158,689

Program Service Revenue $0

Investment Income $366,079

Other Revenue $65,374

TOTAL REVENUE $590,142

Expense Breakdown

Grants Paid $171,473

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,473

Other Expenses $6,891

TOTAL EXPENSES $178,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$590,142	$322,364	+0.8%
Expenses	$178,364	$169,266	+0.1%
Net Income	$411,778	$153,098	+1.7%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MRS TONI BIGGS	CHAIR	Officer Director	$0	$0	$0
MR ROBERT SHERMAN	VICE CHAIR	Officer Director	$0	$0	$0
MR STEVE WILLIAMS	SECRETARY	Officer Director	$0	$0	$0
MRS PATRICIA SMITH	MEMBER	Director	$0	$0	$0
MS PEGGY POPE	MEMBER	Director	$0	$0	$0
MR MARK LEACH	MEMBER	Director	$0	$0	$0
MR BOBBY PHILLIPS	MEMBER	Director	$0	$0	$0
MRS ALEASE COPELIN	MEMBER	Director	$0	$0	$0
MR ROBBIE SHOULTS	MEMBER	Director	$0	$0	$0
MRS TRACY SHOULTS	MEMBER	Director	$0	$0	$0
MRS SANDRA PAYNE	MEMBER	Director	$0	$0	$0
MS CAROLYN MURPHY	MEMBER	Director	$0	$0	$0
MRS CHASTITI HORNE	MEMBER	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
2025	No data	No data	No data	No data
2024	$590,142	$178,364	$4,956,864	$411,778
2023	$322,364	$169,266	$4,231,408	$153,098
2022	$348,995	$150,356	$3,827,134	$198,639
2021	$945,282	$82,011	$4,449,308	$863,271
2020	$464,243	$159,039	$3,638,363	$305,204