KRADDICK FOUNDATION

EIN: 752577436 501(c)(3)

Irving, TX

Total Revenue
$545,628
Total Expenses
$937,271
Total Assets
$5,197,150
Net Assets
$5,193,403
🔒

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
1994
Legal Domicile
TX
Principal Officer
Carolyn ann Marks
Phone
9724328595
Tax Period
2024-01-01 to 2024-12-31

KRADDICK FOUNDATION, founded in 1994, is a small nonprofit that reported $546K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $937K exceeded revenue, resulting in a 72% operating deficit.

Mission

OUR MISSION IS TO PROVIDE HOPE AND HAPPINESS BE CREATING BEAUTIFUL MEMORIES FOR FAMILIES OF CHILDREN WITH LIFE-THREATENING CONDITIONS.

🔒

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 $414,640
Program Service Revenue $0
Investment Income $130,988
Other Revenue $0
TOTAL REVENUE $545,628

Expense Breakdown

Grants Paid $450,102
Salaries & Benefits $8,978
Fundraising Expenses $235,599
Program Expenses $450,102
Other Expenses $478,191
TOTAL EXPENSES $937,271

Year-over-Year Comparison

2024 2023 Change
Revenue $545,628 $707,957 -0.2%
Expenses $937,271 $1,151,928 -0.2%
Net Income $-391,643 $-443,971 -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
7
Independent Members
6
Employees
1
Volunteers
25

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
$12,000
Total Directors
7
$12,000
Key Employees
1
$12,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dan Guzman Vice-President 2.00
Officer Director
$0 $0 $0
Shawn Nunn Board Member 1.00
Officer Director
$0 $0 $0
Caroline Cradick Secretary/CEO 40.00
Officer Director Key Emp
$12,000 $0 $12,000
Brenda Fox Board Member 1.00
Director
$0 $0 $0
Michael Peay President 3.00
Officer Director
$0 $0 $0
Leslie Guanawan Treasurer 2.00
Officer Director
$0 $0 $0
Dr J Mack Slaughter Board Member 1.00
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
2024 $545,628 $937,271 $5,197,150 $-391,643
2023 $707,957 $1,151,928 $4,989,048 $-443,971
2022 $236,397 $895,332 $4,893,957 $-658,935
2021 $1,611,066 $1,207,093 $6,064,391 $403,973
2020 $1,093,795 $655,768 $5,459,764 $438,027
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KRADDICK FOUNDATION with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.