Deer Park Education Foundation

EIN: 760358837 501(c)(3) Education

Deer Park, TX

Total Revenue
$311,189
Total Expenses
$317,461
Total Assets
$739,147
Net Assets
$739,147
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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
1991
Legal Domicile
TX
Principal Officer
James Cermin
Phone
8326687037
Tax Period
2023-08-01 to 2024-07-31

Deer Park Education Foundation, founded in 1991, is a small nonprofit in the Education sector that reported $311K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Net assets of $739K represent 29 months of operating reserves.

Mission

To enrich the educational experience of all students in the Deer Park Independent School District.

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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 $285,829
Program Service Revenue $0
Investment Income $25,360
Other Revenue $0
TOTAL REVENUE $311,189

Expense Breakdown

Grants Paid $211,947
Salaries & Benefits $0
Fundraising Expenses $75,615
Program Expenses $218,778
Other Expenses $105,514
TOTAL EXPENSES $317,461

Year-over-Year Comparison

2023 2022 Change
Revenue $311,189 $376,589 -0.2%
Expenses $317,461 $386,893 -0.2%
Net Income $-6,272 $-10,304 -0.4%
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
27
Independent Members
27
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
8
$0
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Cermin Chairman 1.00
Officer Director
$0 $0 $0
Leo Pereda Executive Board Member 1.00
Director
$0 $0 $0
Steven Robertson Executive Board Member 1.00
Officer Director
$0 $0 $0
Adrian Burke Executive Board Member 1.00
Officer Director
$0 $0 $0
Chad Burke Executive Board Member 1.00
Officer Director
$0 $0 $0
Jenny Bright Executive Board Member 1.00
Director
$0 $0 $0
Les Ellard Executive Board Member 1.00
Director
$0 $0 $0
Kyle Ford Secretary 1.00
Officer Director
$0 $0 $0
Ivan Dominguez Executive Board Member 1.00
Director
$0 $0 $0
Christie Shell Executive Board Member 1.00
Director
$0 $0 $0
Nate Brooks Executive Board Member 1.00
Director
$0 $0 $0
Norma Benavides Executive Board Member 1.00
Director
$0 $0 $0
Carina Pantoja Vice-Chairman 1.00
Officer Director
$0 $0 $0
James Weber Treasurer 1.00
Officer Director
$0 $0 $0
Monica Johnson Executive Board Member 1.00
Director
$0 $0 $0
Ed Berg Executive Board Member 1.00
Director
$0 $0 $0
Brock Bihm Executive Board Member 1.00
Director
$0 $0 $0
Tim Culp Executive Board Member 1.00
Director
$0 $0 $0
Sarah Arroyo Executive Board Member 1.00
Director
$0 $0 $0
Marilyn Sims Executive Board Member 1.00
Officer Director
$0 $0 $0
Dausha Moore-Wright Executive Board Member 1.00
Director
$0 $0 $0
Paula Moorhaj Executive Board Member 1.00
Director
$0 $0 $0
Rodger Turner Executive Board Member 1.00
Director
$0 $0 $0
Bob Pennacchi Executive Board Member 1.00
Director
$0 $0 $0
Susan Mele Executive Board Member 1.00
Director
$0 $0 $0
Kelly Soudelier Executive Board Member 1.00
Director
$0 $0 $0
Jennifer Almaguer Executive Board Member 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 $311,189 $317,461 $739,147 $-6,272
2023 $376,589 $386,893 $693,514 $-10,304
2022 $198,880 $145,618 $693,258 $53,262
2021 $208,431 $298,362 $661,721 $-89,931
2020 $160,153 $55,130 $633,152 $105,023
2019 $314,223 $303,684 $587,526 $10,539
2018 $194,131 $298,670 $576,074 $-104,539
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