HIGHLANDS EDUCATIONAL CORPORATION SCHOOL OF THE FAITH OF TEXAS INC

EIN: 752387638 501(c)(3)

RICHARDSON, TX

Total Revenue
$30,129
Total Expenses
$32,696
Total Assets
$18,391
Net Assets
$18,391
🔒

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

Legal Domicile
TX
Phone
9725541980
Tax Period
2024-07-01 to 2025-06-30

HIGHLANDS EDUCATIONAL CORPORATION SCHOOL OF THE FAITH OF TEXAS INC is a micro nonprofit that reported $30K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum.

Mission

GENERATION OF FUNDS TO FURTHER THE EDUCATIONAL OPPORTUNITIES AT THE HIGHLANDS SCHOOL, A PRIVATE CATHOLIC SCHOOL

🔒

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 $23,367
Program Service Revenue $0
Investment Income $0
Other Revenue $6,762
TOTAL REVENUE $30,129

Expense Breakdown

Grants Paid $32,696
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,696
Other Expenses $0
TOTAL EXPENSES $32,696

Year-over-Year Comparison

2024 2023 Change
Revenue $30,129 $15,306 +1.0%
Expenses $32,696 $18,280 +0.8%
Net Income $-2,567 $-2,974 -0.1%
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
5
Independent Members
4
Employees
N/A
Volunteers
4

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN E BORLEY President 0.20
Officer
$0 $0 $0
JUAN E WILLIAMS Vice President 0.10
Officer
$0 $0 $0
CHARLES LINDNER SECY / TREAS 0.50
Officer
$0 $0 $0
LARRY WHITTINGTON BINGO CHAIRMAN 15.00
Officer
$0 $0 $0
DANIEL K HENNESSY ASST SECY & GEN 1.00
Officer
$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 $30,129 $32,696 $18,391 $-2,567
2024 $15,306 $18,280 $21,215 $-2,974
2023 $18,464 $18,962 $23,952 $-498
2022 $31,907 $54,000 $24,430 $-22,093
2021 $43,496 $14,371 $46,523 $29,125
2020 $-3,296 $7,906 $17,398 $-11,202
2019 $13,134 $24,880 $28,600 $-11,746
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HIGHLANDS EDUCATIONAL CORPORATION SCHOOL OF THE FAITH OF TEXAS INC with other nonprofits in Texas and across the country.