Panola Schools (EIN 752855333) - Form 990 Financial Analysis & Trantor Score

🔒

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

2000

Legal Domicile

Principal Officer

CHARLES WORLEY

Phone

9036936355

Tax Period

2024-09-01 to 2025-08-31

Panola Schools, founded in 2000, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $2.0M left a modest 8% surplus.

Mission

TO PROVIDE HIGH SCHOOL CURRICULA FOR STUDENTS IN GRADES 8-12. tHE SCHOOL OPERATES UNDER AN OPEN-ENROLLMENT CHARTER GRANTED BY THE TEXAS BOARD OF EDUCATION AND IS PART OF THE PUBLIC SCHOOL SYSTEM OF TEXAS.

🔒

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 $2,173,771

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,173,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,170,294

Fundraising Expenses $0

Program Expenses $1,113,525

Other Expenses $830,671

TOTAL EXPENSES $2,000,965

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,173,771	$2,322,339	-0.1%
Expenses	$2,000,965	$2,191,229	-0.1%
Net Income	$172,806	$131,110	+0.3%

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

Employees

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
Charles Worley	CEO/Superintendent	40.00	Officer Key Emp Highest	$0	$0	$0
Carlton Shamburger	President	1.00	Director	$0	$0	$0
Todd Malone	Vice President	1.00	Director	$0	$0	$0
Martin Clark Sr	Secretary	1.00	Director	$0	$0	$0
Glenda Clabaugh	Trustee	1.00	Director	$0	$0	$0
Janet Humber	Trustee	1.00	Director	$0	$0	$0
Jim Holder	Trustee	1.00	Director	$0	$0	$0
Polly Maines	Trustee	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
2025	$2,173,771	$2,000,965	$3,009,317	$172,806
2024	$2,322,339	$2,191,229	$2,884,970	$131,110
2023	$2,354,846	$2,133,042	$2,758,048	$221,804
2022	$2,321,650	$1,988,480	$2,584,019	$333,170
2021	$2,163,349	$1,682,379	$2,323,213	$480,970
2020	$1,667,832	$1,647,112	$2,060,647	$20,720

Panola Schools