BIVINS VILLAGE

EIN: 752865445 501(c)(3) Housing & Shelter

AMARILLO, TX

Total Revenue
$367,173
Total Expenses
$619,882
Total Assets
$3,343,681
Net Assets
$-1,930,967
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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
2000
Legal Domicile
TX
Principal Officer
KATHARYN WIEGAND
Phone
8063799400
Tax Period
2023-09-01 to 2024-08-31

BIVINS VILLAGE, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $367K in total revenue in fiscal year 2023. Expenses of $620K exceeded revenue, resulting in a 69% operating deficit.

Mission

BIVINS VILLAGE IS AN INDEPENDENT LIVING FACILITY FOR LOW INCOME SENIORS. BIVINS VILLAGE IS LOCATED ON APPROXIMATELY 8 ACRES THAT ARE CURRENTLY PART OF A LARGER 18 ACRE TRACT OF LAND OWNED BY THE MARY E. BIVINS FOUNDATION. BIVINS VILLAGE HAS BEEN DESIGNED WITH THE RECOGNITION THAT, ALTHOUGH IN THE EARLY YEARS, IT WILL SERVE A MORE INDEPENDENT ELDERLY POPULATION - THESE PERSONS WILL BECOME FRAILER AS TIME ADVANCES. ACCORDINGLY THE UNITS ARE EQUIPPED WITH GRAB BARS AND NON-SLIP FLOOR SURFACES, ALONG WITH OTHER DESIGN ELEMENTS, WHICH FACILITATE INDIVIDUAL SAFETY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $127,502
Program Service Revenue $233,693
Investment Income $5,747
Other Revenue $231
TOTAL REVENUE $367,173

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,699
Fundraising Expenses $0
Program Expenses $476,980
Other Expenses $518,183
TOTAL EXPENSES $619,882

Year-over-Year Comparison

2023 2022 Change
Revenue $367,173 $360,821 +0.0%
Expenses $619,882 $610,655 +0.0%
Net Income $-252,709 $-249,834 +0.0%
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

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Governance

Voting Members
9
Independent Members
9
Employees
6
Volunteers
5

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
$485,096
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHARYN WIEGAND PRESIDENT 5.00
Officer
$0 $52,498 $271,482
PAUL SNEED CHIEF FIN OF 5.00
Officer
$0 $44,120 $213,614
STEVE URBAN MD CHAIRMAN 0.50
Officer Director
$0 $0 $0
MARK BIVINS VICE CHAIRMA 0.50
Officer Director
$0 $0 $0
PUFF NIEGOS SECRETARY 0.50
Officer Director
$0 $0 $0
BUD JOYNER PHD PAST CHAIRMA 0.50
Director
$0 $0 $0
JULIE ATTEBURY DIRECTOR 0.50
Director
$0 $0 $0
JULIE BIVINS DIRECTOR 0.50
Director
$0 $0 $0
BARBIE JONES DIRECTOR 0.50
Director
$0 $0 $0
PAUL MATNEY PHD DIRECTOR 0.50
Director
$0 $0 $0
KEVIN MITCHELL DIRECTOR 0.50
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 $367,173 $619,882 $3,343,681 $-252,709
2023 $360,821 $610,655 $3,635,649 $-249,834
2022 $352,959 $549,308 $3,576,332 $-196,349
2021 $339,821 $522,354 $3,703,903 $-182,533
2020 $341,067 $547,561 $3,813,661 $-206,494
2019 $346,766 $539,006 $3,850,731 $-192,240
2018 $339,881 $558,475 $4,066,100 $-218,594
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