FOUNDATION FOR SOUTHEAST TEXAS INC (EIN 760530567) - 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

1996

Legal Domicile

Principal Officer

MELLIE BEVILACQUA

Phone

4098335775

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR SOUTHEAST TEXAS INC, founded in 1996, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $11.8M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.5M, a strong 55% operating margin.

Mission

THE MISSION OF THE FOUNDATION FOR SOUTHEAST TEXAS SHALL BE TO MAKE A POSITIVE DIFFERENCE IN THE QUALITY OF LIFE IN THE AREA BY ENCOURAGING PHILANTHROPIC GIFTS AND BY ASSISTING DONORS IN ACHIEVING THEIR CHARITABLE GOALS THROUGH THE PROFESSIONAL MANAGEMENT AND CONSIDERED AND CARING DISTRIBUTION OF SUCH GIFTS

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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 $8,911,403

Program Service Revenue $185,841

Investment Income $2,222,841

Other Revenue $490,552

TOTAL REVENUE $11,810,637

Expense Breakdown

Grants Paid $4,379,495

Salaries & Benefits $161,590

Fundraising Expenses $117,542

Program Expenses $4,985,700

Other Expenses $775,573

TOTAL EXPENSES $5,316,658

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,810,637	$7,753,647	+0.5%
Expenses	$5,316,658	$3,429,529	+0.6%
Net Income	$6,493,979	$4,324,118	+0.5%

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

$111,331

Total Directors

$111,331

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELLIE BEVILACQUA	EXECUTIVE DI	40.00	Officer Director	$111,331	$0	$111,331
THE HONORABLE COURTNEY ARKEEN	PRESIDENT	3.00	Officer Director	$0	$0	$0
BOBBY BEAVER	DIRECTOR	3.00	Director	$0	$0	$0
LISA O' BLANC	DIRECTOR	3.00	Director	$0	$0	$0
TINA BRADLEY	SECRETARY	3.00	Officer Director	$0	$0	$0
BEN BROUSSARD	DIRECTOR	3.00	Director	$0	$0	$0
BROOKE CARROLL	DIRECTOR	0.50	Director	$0	$0	$0
CODY CUPIT	DIRECTOR	3.00	Director	$0	$0	$0
RACHEL DONALSON	DIRECTOR	3.00	Director	$0	$0	$0
RON FLETCHER	DIRECTOR	0.50	Director	$0	$0	$0
PHYLLIS GEANS	DIRECTOR	0.50	Director	$0	$0	$0
MARK HALL	DIRECTOR	0.50	Director	$0	$0	$0
SHAWN HARE	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
MILES HAYNES	DIRECTOR	0.50	Director	$0	$0	$0
MEREDITH HISE	PAST PRESIDE	3.00	Officer Director	$0	$0	$0
MEGAN LAYNE	DIRECTOR	0.50	Director	$0	$0	$0
DENISE LEBLANC	TREASURER	3.00	Officer Director	$0	$0	$0
SAMANTHA LEIFESTE	DIRECTOR	0.50	Director	$0	$0	$0
VALERIE LEWIS	DIRECTOR	3.00	Director	$0	$0	$0
SARA NORMAN	DIRECTOR	0.50	Director	$0	$0	$0
BEN POUSSON	DIRECTOR	0.50	Director	$0	$0	$0
DONEAN SURRAT	DIRECTOR	0.50	Director	$0	$0	$0
DAVID THIEME	DIRECTOR	3.00	Director	$0	$0	$0
JEREMY TRISKA	DIRECTOR	0.50	Director	$0	$0	$0
LINSI WALKER	DIRECTOR	3.00	Director	$0	$0	$0
ROY WEST	DIRECTOR	0.50	Director	$0	$0	$0
PAM WILLIAMS	DIRECTOR	3.00	Director	$0	$0	$0
ALLISON WRIGHT	DIRECTOR	3.00	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	$11,810,637	$5,316,658	$36,595,415	$6,493,979
2023	$7,753,647	$3,429,529	$29,532,680	$4,324,118
2022	$2,071,618	$1,349,613	$23,720,377	$722,005
2021	$3,584,844	$1,334,290	$25,706,012	$2,250,554
2020	$5,191,097	$1,226,182	$23,002,751	$3,964,915
2019	$1,721,953	$1,176,352	$17,887,649	$545,601
2018	$1,815,938	$2,377,073	$15,844,641	$-561,135

FOUNDATION FOR SOUTHEAST TEXAS INC