Project GRAD Houston

EIN: 760450397 501(c)(3)

Houston, TX

Total Revenue
$281,929
Total Expenses
$134,183
Total Assets
N/A
Net Assets
N/A
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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
1994
Legal Domicile
TX
Principal Officer
Adriana Tamez
Phone
8323250325
Tax Period
2021-07-01 to 2022-04-18

Project GRAD Houston, founded in 1994, is a small nonprofit that reported $282K in total revenue in fiscal year 2021. Revenue fell 75% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $148K, a strong 52% operating margin.

Mission

Project GRAD was founded on a vision of equity - that ALL youth deserve access to an education that leads to a rewarding future. GRAD's work is driven by the belief that all individuals, regardless of background, can improve their lives when they gain access to the guidance, resources, and ongoing support needed to develop and achieve their goals for post-secondary attainment or workforce training.

Program Service Accomplishments

Program 1
Expenses: $75,813

College & Career programming: Project GRAD reached individuals and families from low-income communities with relevant information and programming to guide their college and career planning and...

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College & Career programming: Project GRAD reached individuals and families from low-income communities with relevant information and programming to guide their college and career planning and ultimate success. GRAD advising staff were accessed through school based collaborations and GRAD's open access, community-based delivery of services, the GRADcafe model. Programming included college access and enrollment support, financial aid applications, and career investigations. GRAD served traditional students from K-12 and college and youth and young adults who are disconnected from school and work (Opportunity Youth). In April 2022, GRADcafe became a program of the Tejano Center.

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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 (2021)

Revenue Breakdown

Contributions & Grants $281,929
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $281,929

Expense Breakdown

Grants Paid $75,813
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $75,813
Other Expenses $58,370
TOTAL EXPENSES $134,183

Year-over-Year Comparison

2021 2020 Change
Revenue $281,929 $1,125,647 -0.7%
Expenses $134,183 $1,459,752 -0.9%
Net Income $147,746 $-334,105 -1.4%
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
12
Independent Members
12
Employees
21
Volunteers
15

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
3
$74,913
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathryn Ketelsen Chair 1.00
Officer Director
$0 $0 $0
Ann Kaufman Secretary 1.00
Officer Director
$0 $0 $0
Alberto Antenangeli Director 1.00
Director
$0 $0 $0
Shannon Bryan Director 1.00
Director
$0 $0 $0
Emily Cole Director 1.00
Director
$0 $0 $0
Consuelo Duroc-Danner Director 1.00
Director
$0 $0 $0
Erika Foster Director 1.00
Director
$0 $0 $0
Greg Hassell Director 1.00
Director
$0 $0 $0
Mark Montgomery Director 1.00
Director
$0 $0 $0
Graciela Saenz Director 1.00
Director
$0 $0 $0
David Sanders Director 1.00
Director
$0 $0 $0
Shashin Shah Director 1.00
Director
$0 $0 $0
Ann B Stiles President & CEO 40.00
Officer
$74,913 $0 $74,913
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
2022 $281,929 $134,183 No data $147,746
2021 $1,125,647 $1,459,752 $105,524 $-334,105
2020 $1,215,294 $1,807,917 $635,893 $-592,623
2019 $1,292,718 $2,391,286 $1,019,648 $-1,098,568
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