GRACE L WOODWARD MEMORIAL ENDOWMEN… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Phone

3256742000

Tax Period

2024-06-01 to 2025-05-31

GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST, founded in 1997, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Expenses of $2.1M exceeded revenue, resulting in a 47% operating deficit.

Mission

ENDOWMENT FOR SUPPORT OF ABILENE CHRISTIAN UNIVERSITY

Program Service Accomplishments

Program 1

Expenses: $2,054,552

ENDOWMENT IN PERPETUAL WHOLLY-CHARITABLE TRUST FOR ABILENE CHRISTIAN UNIVERSITY IN ABILENE, TEXAS. CREATED PRIMARILY TO SERVE AS THE RECEPTABLE FOR THE ENDOWMENT AND OPERATED EXCLUSIVELY FOR...

ENDOWMENT IN PERPETUAL WHOLLY-CHARITABLE TRUST FOR ABILENE CHRISTIAN UNIVERSITY IN ABILENE, TEXAS. CREATED PRIMARILY TO SERVE AS THE RECEPTABLE FOR THE ENDOWMENT AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE TRUST CORPUS SHALL BE USED SOLELY IN THE CONTINENTAL UNITED STATES FOR THE SPECIFIC PURPOSE OF BENEFITING THE CHURCHES OF CHRIST.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,402,441

Other Revenue $0

TOTAL REVENUE $1,402,441

Expense Breakdown

Grants Paid $2,054,552

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,054,552

Other Expenses $5,450

TOTAL EXPENSES $2,060,002

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,402,441	$1,299,484	+0.1%
Expenses	$2,060,002	$1,983,390	+0.0%
Net Income	$-657,561	$-683,906	0.0%

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

Governance

Voting Members

Independent Members

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABILENE CHRISTIAN UNIVERSITY	TRUSTEE	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	$1,402,441	$2,060,002	$48,016,370	$-657,561
2024	$1,299,484	$1,983,390	$46,356,768	$-683,906
2023	$1,186,387	$1,877,646	$45,274,814	$-691,259
2022	$1,097,374	$1,754,804	$46,336,469	$-657,430
2021	$990,032	$1,640,008	$45,460,660	$-649,976
2020	$691,834	$1,633,397	$32,383,275	$-941,563
2019	$730,341	$1,625,626	$35,604,858	$-895,285
2018	$700,798	$1,556,257	$37,301,077	$-855,459

GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST