KOKERNOT TRUST HIGHGROUND ADVISORS (EIN 756040747) - 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

1940

Legal Domicile

Phone

2149783300

Tax Period

2023-01-01 to 2023-12-31

KOKERNOT TRUST HIGHGROUND ADVISORS, founded in 1940, is a small nonprofit in the Education sector that reported $489K in total revenue in fiscal year 2023. Net assets of $2.9M represent 71 months of operating reserves.

Mission

Trust instrument requires income to be paid to Baylor University, University of Mary Hardin-Baylor & Southwestern Baptist Theological Seminary, charitable organizations described in 170(c) (2) operated under the auspices of the Baptist General Convention of Texas, an organization of Baptist churches.

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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 $0

Program Service Revenue $0

Investment Income $489,498

Other Revenue $0

TOTAL REVENUE $489,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $476,219

Other Expenses $476,337

TOTAL EXPENSES $476,337

Year-over-Year Comparison

	2023	2022	Change
Revenue	$489,498	$494,900	0.0%
Expenses	$476,337	$477,099	0.0%
Net Income	$13,161	$17,801	-0.3%

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

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
HIGHGROUND ADVISORS	Trustee	0.00		$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	$489,498	$476,337	$2,902,406	$13,161
2022	$494,900	$477,099	$2,889,245	$17,801
2021	$448,116	$431,561	$2,871,444	$16,555
2020	$437,728	$422,205	$2,854,889	$15,523

KOKERNOT TRUST HIGHGROUND ADVISORS