EDUCATION AND CHARITIES FOUNDATION OF HOUSTON (EIN 760389471) - 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

1998

Legal Domicile

Principal Officer

STANLEY WEAKLEY

Phone

7136837294

Tax Period

2023-01-01 to 2023-12-31

EDUCATION AND CHARITIES FOUNDATION OF HOUSTON, founded in 1998, is a micro nonprofit in the Education sector that reported $73K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11K, a strong 15% operating margin.

Mission

THE EDUCATION & CHARITIES FOUNDATION OF HOUSTON IS COMMITTED TO PROVIDING POSITIVE IMPACTFUL EXPERIENCES FOR OUR UNDERSERVED YOUTH FROM HOUSTON AREA TO ACCELERATE THEIR DEVELOPMENT TOWARD SELF-EMPOWERMENT AND LOFTY ACHIEVEMENTS, SEE O

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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 $61,436

Program Service Revenue $0

Investment Income $498

Other Revenue $11,061

TOTAL REVENUE $72,995

Expense Breakdown

Grants Paid $23,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,869

Other Expenses $38,369

TOTAL EXPENSES $61,869

Year-over-Year Comparison

	2023	2022	Change
Revenue	$72,995	$51,230	+0.4%
Expenses	$61,869	$54,566	+0.1%
Net Income	$11,126	$-3,336	-4.3%

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

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
MICHAEL M ADKINSON	PRESIDENT	5.00	Officer Director	$0	$0	$0
RONALD B SMITH JR	IST VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
RAY BROWN	2ND VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
NATHANIEL JACKSON	SECRETARY	3.00	Officer Director	$0	$0	$0
STANLEY WEAKLEY	TREASURER	3.00	Officer Director	$0	$0	$0
RANDALL MCHENRY	FINANCIAL SCRETARY	3.00	Officer Director	$0	$0	$0
LEONARD J COLEMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
ANTHONY C BEBLANC	BOARD MEMBER	2.00	Director	$0	$0	$0
RAY HAZE	BOARD MEMBER	2.00	Director	$0	$0	$0
DIALLO SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
CARL LOWERY	BOARD MEMBER	2.00	Director	$0	$0	$0
RUSSELL CROCKETT	BOARD MEMBER	2.00	Director	$0	$0	$0
RICHARD R L SPENCER 11	BOARD MEMBER	2.00	Director	$0	$0	$0
LOWERY WRIGHT	BOARD MENBER	2.00	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	$72,995	$61,869	$154,614	$11,126
2022	$51,230	$54,566	$125,470	$-3,336
2019	$224,808	$208,202	$119,590	$16,606

EDUCATION AND CHARITIES FOUNDATION OF HOUSTON