Foundation for Allen Schools

EIN: 752750519 501(c)(3) Education

Allen, TX

Total Revenue
$742,125
Total Expenses
$725,995
Total Assets
$1,969,128
Net Assets
$1,927,712
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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
1997
Legal Domicile
TX
Phone
9727270362
Tax Period
2024-07-01 to 2025-06-30

Foundation for Allen Schools, founded in 1997, is a small nonprofit in the Education sector that reported $742K in total revenue in fiscal year 2024. Net assets of $1.9M represent 31 months of operating reserves.

Mission

To provide scholarships to graduating high school students in the Allen Independent School District. The Foundation also supports educational programs and educators in the District through Grant awards.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $547,768
Program Service Revenue $0
Investment Income $118,017
Other Revenue $76,340
TOTAL REVENUE $742,125

Expense Breakdown

Grants Paid $447,165
Salaries & Benefits $135,686
Fundraising Expenses $57,524
Program Expenses $522,549
Other Expenses $143,144
TOTAL EXPENSES $725,995

Year-over-Year Comparison

2024 2023 Change
Revenue $742,125 $745,901 0.0%
Expenses $725,995 $728,780 0.0%
Net Income $16,130 $17,121 -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

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Governance

Voting Members
23
Independent Members
23
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
6
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Underwood Board Member 2.00
Director
$0 $0 $0
Dr Robin Bullock Superintendent 2.00
Director
$0 $0 $0
Babar Chaundhry Board Member 2.00
Director
$0 $0 $0
Patti Frair Board Member 2.00
Director
$0 $0 $0
Tammie James Board Member 2.00
Director
$0 $0 $0
Debbie Newcomer Board Member 2.00
Director
$0 $0 $0
Mindye Piepenburg Board Member 2.00
Director
$0 $0 $0
Paige Perry Board Member 2.00
Director
$0 $0 $0
Jennifer Tinsman Board Member 2.00
Director
$0 $0 $0
Alan Bayle Board Member 2.00
Director
$0 $0 $0
Cynthia Thompson Board Member 2.00
Director
$0 $0 $0
Jen Dittrich Board Member 2.00
Director
$0 $0 $0
Jan Jungmann Board Member 2.00
Director
$0 $0 $0
Eric Misch Board Member 2.00
Director
$0 $0 $0
Drew Mixon Board Member 2.00
Director
$0 $0 $0
Polly Montgomery School Board Liason 2.00
Director
$0 $0 $0
Daniel Pitcock Board Member 2.00
Director
$0 $0 $0
Erin Raney Board Member 2.00
Director
$0 $0 $0
Charlie Brill Secretary 2.00
Officer Director
$0 $0 $0
Cory Cuevas Vp Development 2.00
Officer Director
$0 $0 $0
Joe Vanek President 2.00
Officer Director
$0 $0 $0
Audrey Reed VP Programs 2.00
Officer Director
$0 $0 $0
Tracy Walker VP Marketing & Events 2.00
Officer Director
$0 $0 $0
Doug Sinclair VP Finance 2.00
Officer 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 $742,125 $725,995 $1,969,128 $16,130
2024 $745,901 $728,780 $1,856,091 $17,121
2023 $673,821 $707,101 $1,706,329 $-33,280
2022 $699,328 $737,537 $1,649,991 $-38,209
2021 $552,072 $454,034 $2,018,782 $98,038
2020 $515,725 $455,783 $1,553,853 $59,942
2019 $683,281 $476,686 $1,519,939 $206,595
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