Spring I S D Education Foundation … - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

KEN GRAYS

Phone

9729747345

Tax Period

2024-07-01 to 2025-06-30

Spring I S D Education Foundation Inc, founded in 1992, is a small nonprofit in the Education sector that reported $250K in total revenue in fiscal year 2024. Expenses of $298K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO GENERATE AND DISTRIBUTE RESOURCES TO THE SPRING INDEPENDENT SCHOOL DISTRICT TO ENHANCE THE QUALITY OF EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $209,407 Revenue: $25

To generate and distribute resources to the Spring Independent School District to enhance the quality of 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 (2024)

Revenue Breakdown

Contributions & Grants $169,376

Program Service Revenue $0

Investment Income $31,913

Other Revenue $48,480

TOTAL REVENUE $249,769

Expense Breakdown

Grants Paid $180,920

Salaries & Benefits $53,444

Fundraising Expenses $0

Program Expenses $209,407

Other Expenses $63,897

TOTAL EXPENSES $298,261

Year-over-Year Comparison

	2024	2023	Change
Revenue	$249,769	$-706,699	-1.4%
Expenses	$298,261	$304,450	0.0%
Net Income	$-48,492	$-1,011,149	-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

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
RHONDA NEWHOUSE	DIRECTOR	20.00	Director	$0	$0	$0
THELMA SCOTT	DIRECTOR	20.00	Director	$0	$0	$0
LINA SABOUNI	VP OF DEVELOPMENT	20.00	Director	$0	$0	$0
JASON MOORE	DIRECTOR	20.00	Director	$0	$0	$0
VICTOR MITCHELL	DIRECTOR	20.00	Director	$0	$0	$0
EROS SHAW	DIRECTOR	20.00	Director	$0	$0	$0
DEBBIE JENSEN	DIRECTOR	20.00	Director	$0	$0	$0
STELLE LACEFIELD	DIRECTOR	20.00	Director	$0	$0	$0
MERIANNE WININGER	DIRECTOR	20.00	Director	$0	$0	$0
ALLISON BROOKS	DIRECTOR	20.00	Director	$0	$0	$0
EDMOND BENTLEY	DIRECTOR	20.00	Director	$0	$0	$0
ALEJANDRO HUERTA	DIRECTOR	20.00	Director	$0	$0	$0
PATRIC GASPER	DIRECTOR	20.00	Director	$0	$0	$0
DARRIAN MCCLINTOCK SR	DIRECTOR	20.00	Director	$0	$0	$0
RICHARD GOMEZ	DIRECTOR	20.00	Director	$0	$0	$0
ROBERT HOOK	DIRECTOR	20.00	Director	$0	$0	$0
JC HARVILLE	DIRECTOR	20.00	Director	$0	$0	$0
BETH FULLER	DIRECTOR	20.00	Director	$0	$0	$0
ANTHONY CHATMAN	DIRECTOR	20.00	Director	$0	$0	$0
THOMAS FAGEN	DIRECTOR	20.00	Director	$0	$0	$0
MATTHEW EMERSON	DIRECTOR	20.00	Director	$0	$0	$0
DONNA LEWIS	DIRECTOR	20.00	Director	$0	$0	$0
KIMBERLY MCCLINTOCK	DIRECTOR	20.00	Director	$0	$0	$0
ZEOLA KING	DIRECTOR	20.00	Director	$0	$0	$0
YOLANDA HUMPHREY	DIRECTOR	20.00	Director	$0	$0	$0
BRANDEN HOFFMAN	DIRECTOR	20.00	Director	$0	$0	$0
LOTT JOHNSON	DIRECTOR	20.00	Director	$0	$0	$0
REGINALD ISRAEL	MEMBER AT LARGE	10.00	Director	$0	$0	$0
SANDRA SCOTT	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
DWIGHT RUMPH	TREASURER	20.00	Officer	$0	$0	$0
KATHY MORRISON	PRESIDENT	20.00	Officer	$0	$0	$0
JILL WRIGHT	VP OF ADMINISTRATION	20.00	Officer	$0	$0	$0
KEN GRAYS	PRESIDENT	20.00	Officer	$0	$0	$0
DEBRA BEEMAN	PAST PRESIDENT	20.00	Officer	$0	$0	$0
JENNIFER LEADBETTER	SECRETARY	20.00	Officer	$0	$0	$0
GLORIA MARSHALL	PAST PRESIDENT	20.00	Officer	$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	$249,769	$298,261	$719,777	$-48,492
2024	$-706,699	$304,450	$-1,335,286	$-1,011,149
2023	$222,051	$163,346	$621,049	$58,705
2022	$179,444	$150,463	$562,344	$28,981
2021	$239,310	$138,928	$533,363	$100,382
2020	$162,737	$188,270	$425,148	$-25,533
2019	$135,712	$213,060	$450,681	$-77,348
2018	$239,712	$228,663	$528,029	$11,049

Spring I S D Education Foundation Inc