SOUTHWEST CHRISTIAN ACADEMY FOUNDATION INC

EIN: 760485909 501(c)(3)

SUGAR LAND, TX

Total Revenue
N/A
Total Expenses
$208
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
1995
Legal Domicile
TX
Principal Officer
RONALD L THURMOND
Phone
2812409606
Tax Period
2022-01-01 to 2022-12-31

Mission

OUR MISSION IS TO HONOR OUR LORD JESUS CHRIST. WE WANT TO STRENGTHEN HIS CAUSE WITHIN THE FAMILY NETWORK OF OUR COMMUNITY. OUR SCHOOL SHALL HONOR THE LORD BY TEACHING OUR STUDENTS A STRICT RELIANCE UPON JESUS CHRIST AS BOTH A SOLUTION TO PROBLEMS IN LIFE AND AS A REASON AND PURPOSE FOR LIFE ITSELF.

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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 (2022)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $208
TOTAL EXPENSES $208

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $-595,513 -1.0%
Expenses $208 $318,305 -1.0%
Net Income N/A $-913,818 N/A
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
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD L THURMOND PRESIDENT 50.00
Officer Director
$0 $0 $0
KENT J KRING SECRETARY 0.10
Officer Director
$0 $0 $0
WILLIAM D MCCULLOUGH DIRECTOR 0.10
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
2022 No data $208 No data No data
2021 $-595,513 $318,305 $208 $-913,818
2020 $687,545 $733,816 $1,335,889 $-46,271
2019 $903,406 $1,028,894 $1,391,970 $-125,488
2018 $1,028,620 $1,083,503 $1,565,910 $-54,883
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