MARY I GOURLEY SCHOLARSHIP FOUNDATION

EIN: 752052592 501(c)(3)

FORT WORTH, TX

Total Revenue
$75,820
Total Expenses
$701,851
Total Assets
$6,890,290
Net Assets
$6,889,690
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
TX
Principal Officer
COURTNEY RADCLIFFE
Phone
6822502031
Tax Period
2024-07-01 to 2025-06-30

MARY I GOURLEY SCHOLARSHIP FOUNDATION, founded in 1988, is a micro nonprofit that reported $76K in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $702K exceeded revenue, resulting in a 826% operating deficit.

Mission

THE MARY I GOURLEY SCHOLARSHIP FOUNDATION ELIMINATES BARRIERS TO HIGHER EDUCATION COMPLETION AT PARTNER INSTITUTIONS BY PROVIDING FLEXIBLE, NEED-BASED FINANCIAL SUPPORT TO STUDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $74,690
Other Revenue $1,130
TOTAL REVENUE $75,820

Expense Breakdown

Grants Paid $431,047
Salaries & Benefits $165,832
Fundraising Expenses $0
Program Expenses $613,549
Other Expenses $104,972
TOTAL EXPENSES $701,851

Year-over-Year Comparison

2024 2023 Change
Revenue $75,820 $293,302 -0.7%
Expenses $701,851 $691,521 +0.0%
Net Income $-626,031 $-398,219 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
13

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
5
$98,280
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN RICE CHAIRMAN OF THE BOARD 10.00
Officer Director
$0 $0 $0
COLBY ADAMS VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ROBERT FERNANDEZ TREASURER 1.00
Officer Director
$0 $0 $0
EMILY MESSER SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID XIMENEZ DIRECTOR 1.00
Director
$0 $0 $0
LEO W MUNSON DIRECTOR 1.00
Director
$0 $0 $0
HEATH EINSTEIN DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY KIMBERLING RADCLIFF EXECUTIVE DIRECTOR 40.00
Officer
$98,280 $0 $98,280
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 $75,820 $701,851 $6,890,290 $-626,031
2024 $293,302 $691,521 $7,518,438 $-398,219
2023 $229,314 $618,101 $7,914,689 $-388,787
2022 $608,768 $538,665 $8,303,944 $70,103
2021 $-159,605 $630,041 $8,237,931 $-789,646
2020 $988,444 $759,395 $9,054,400 $229,049
2019 $274,600 $879,839 $8,822,295 $-605,239
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MARY I GOURLEY SCHOLARSHIP FOUNDATION with other nonprofits in Texas and across the country.