TATUM INDEPENDENT SCHOOL DIST EDUCATION FOUNDATION (EIN 752858506) - 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

1999

Legal Domicile

Principal Officer

RICHARD REDMON

Phone

9036460573

Tax Period

2023-01-01 to 2023-12-31

TATUM INDEPENDENT SCHOOL DIST EDUCATION FOUNDATION, founded in 1999, is a micro nonprofit in the Education sector that reported $65K in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Net assets of $1.4M represent 251 months of operating reserves.

Mission

FUNDS RECEIVED EXCLUSIVELY FOR THE SUPPORT OF EDUCATION PROJECTS OF TATUM INDEPENDENT SCHOOL DISTRICT AND STUDENT SCHOLARSHIPS FOR THOSE PURSUING HIGHER EDUCATION.

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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 $8,736

Program Service Revenue $0

Investment Income $56,286

Other Revenue $0

TOTAL REVENUE $65,022

Expense Breakdown

Grants Paid $60,300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,300

Other Expenses $6,950

TOTAL EXPENSES $67,250

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,022	$217,659	-0.7%
Expenses	$67,250	$138,233	-0.5%
Net Income	$-2,228	$79,426	-1.0%

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

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
KIP AMICK	VICE PRESIDENT	1.15	Officer Director	$0	$0	$0
DARRON ANTHONY	DIRECTOR	0.06	Director	$0	$0	$0
MOLLY ANTHONY	DIRECTOR	0.06	Director	$0	$0	$0
TRUMAN DAVIS	DIRECTOR	0.06	Director	$0	$0	$0
ROGER GONZALES	DIRECTOR	0.19	Director	$0	$0	$0
WELDON R GRAY	DIRECTOR	0.19	Director	$0	$0	$0
HEATHER GRINDLE	DIRECTOR	0.19	Director	$0	$0	$0
BARRY HADEN	DIRECTOR	0.19	Director	$0	$0	$0
BREANN HART	DIRECTOR	1.15	Director	$0	$0	$0
DEBRA D JONES	DIRECTOR	0.29	Director	$0	$0	$0
DEBBIE MIDDLETON	DIRECTOR	0.29	Director	$0	$0	$0
JO MILLER	DIRECTOR	1.15	Director	$0	$0	$0
MADELINE NELSON	DIRECTOR	0.29	Director	$0	$0	$0
MATTHEW QUICK	DIRECTOR	0.29	Director	$0	$0	$0
RICHARD REDMON	PRESIDENT	1.25	Officer Director	$0	$0	$0
JP RICHARDSON	SECRETARY	1.25	Officer Director	$0	$0	$0
ALISON SKINNER	DIRECTOR	0.29	Director	$0	$0	$0
KIM SMITH	DIRECTOR	1.00	Director	$0	$0	$0
CLAUDIA SULLIVAN	DIRECTOR	0.29	Director	$0	$0	$0
DAVID WEAVER	TREASURER	1.25	Officer Director	$0	$0	$0
DENNIS WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
TROY WILLIAMS	DIRECTOR	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	No data	No data	No data	No data
2023	$65,022	$67,250	$1,359,049	$-2,228
2022	$217,659	$138,233	$1,295,535	$79,426
2021	$74,551	$89,596	$1,411,925	$-15,045
2020	$69,327	$89,485	$1,343,739	$-20,158
2019	$145,980	$150,843	$1,312,222	$-4,863
2018	$156,357	$151,361	$1,181,182	$4,996

TATUM INDEPENDENT SCHOOL DIST EDUCATION FOUNDATION