Troup Education Foundation Inc (EIN 752548749) - 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

1994

Legal Domicile

Principal Officer

Joe McElroy

Tax Period

2023-01-01 to 2023-12-31

Troup Education Foundation Inc, founded in 1994, is a micro nonprofit in the Education sector that reported $29K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $42K exceeded revenue, resulting in a 45% operating deficit.

Mission

To provide scholarships to Troup ISD students

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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 $24,815

Program Service Revenue $0

Investment Income $4,113

Other Revenue $0

TOTAL REVENUE $28,928

Expense Breakdown

Grants Paid $33,420

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,420

Other Expenses $8,493

TOTAL EXPENSES $41,913

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,928	$31,930	-0.1%
Expenses	$41,913	$46,015	-0.1%
Net Income	$-12,985	$-14,085	-0.1%

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

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
Chuck Osborn	President	Officer Director	$0	$0	$0
Joe McElroy	Treasurer	Officer Director	$0	$0	$0
Cindy Steele	Director	Director	$0	$0	$0
Ross Wilson	Director	Director	$0	$0	$0
Mary Anne Coney	Director	Director	$0	$0	$0
Dianne Layne	Secretary	Officer Director	$0	$0	$0
Lisa Sadler	Director	Director	$0	$0	$0
Kim Covington	Director	Director	$0	$0	$0
Sonja Rountree	Director	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
2024	No data	No data	No data	No data
2023	$28,928	$41,913	$735,842	$-12,985
2022	$31,930	$46,015	$690,100	$-14,085
2021	$114,790	$34,220	$785,108	$80,570
2020	$37,962	$22,166	$680,450	$15,796
2019	$258,031	$18,211	$647,862	$239,820

Troup Education Foundation Inc