MCKINNEY EDUCATION FOUNDATION (EIN 752401624) - 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

1991

Legal Domicile

Principal Officer

SHEILA DUE

Phone

4693026313

Tax Period

2024-07-01 to 2025-06-30

MCKINNEY EDUCATION FOUNDATION, founded in 1991, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $906K, a strong 35% operating margin.

Mission

To inspire and assist McKinney ISD students and teachers toward excellence and make a difference in a child's life through education. Any operating deficits are offset by donor-restricted endowment earnings and used to support operations.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,249,732

Program Service Revenue $0

Investment Income $319,037

Other Revenue $-15,583

TOTAL REVENUE $2,553,186

Expense Breakdown

Grants Paid $800,041

Salaries & Benefits $615,342

Fundraising Expenses $108,544

Program Expenses $1,238,976

Other Expenses $232,083

TOTAL EXPENSES $1,647,466

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,553,186	$1,585,642	+0.6%
Expenses	$1,647,466	$1,758,665	-0.1%
Net Income	$905,720	$-173,023	-6.2%

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

100

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

$148,835

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHEILA DUE	CEO	40.00	Officer	$144,500	$4,335	$148,835
CAROLYN BROOKS	VP-DEVELOPMENT	2.00	Officer Director	$0	$0	$0
MARK KEVER	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
JANETTE JOHANSON	INT. VP OF FIN.	2.00	Officer Director	$0	$0	$0
LUCAS HENRY	VP AT LARGE	2.00	Officer Director	$0	$0	$0
DENISE HOLTHAUS	Director	2.00	Director	$0	$0	$0
TONY CARVER	Director	2.00	Director	$0	$0	$0
SUSAN HYKEL	Director	2.00	Director	$0	$0	$0
MEGAN GALLEGOS	Director	2.00	Director	$0	$0	$0
TODD WEISHAAR	Secretary	2.00	Officer Director	$0	$0	$0
KIP DIXON	Chairman	2.00	Officer Director	$0	$0	$0
SARA HASSLER	Director	2.00	Director	$0	$0	$0
TERRI SPRIESTER	VP-ADMIN	2.00	Officer Director	$0	$0	$0
DON HAUGH	Director	2.00	Director	$0	$0	$0
CHRISTIE RHYNE	Director	2.00	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	$2,553,186	$1,647,466	$15,530,777	$905,720
2024	No data	No data	No data	No data
2023	$1,202,471	$1,242,480	$12,683,758	$-40,009
2022	$1,500,466	$1,379,548	$11,866,191	$120,918
2021	$1,541,295	$1,264,803	$13,430,934	$276,492
2020	$2,107,343	$1,000,313	$10,309,637	$1,107,030
2019	$1,184,939	$1,296,941	$9,837,326	$-112,002
2018	$1,486,781	$1,120,399	$9,774,147	$366,382

MCKINNEY EDUCATION FOUNDATION