Fort Bend County Fair Scholarship Foundation (EIN 760542315) - 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

1987

Legal Domicile

Principal Officer

Keith Smith

Phone

2813426171

Tax Period

2024-01-01 to 2024-12-31

Fort Bend County Fair Scholarship Foundation, founded in 1987, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $358K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $90K, a strong 25% operating margin.

Mission

To provide deserving Fort Bend County students with scholarships to TX colleges and universities.

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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 $325,700

Program Service Revenue $0

Investment Income $31,991

Other Revenue $0

TOTAL REVENUE $357,691

Expense Breakdown

Grants Paid $249,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $249,000

Other Expenses $18,552

TOTAL EXPENSES $267,552

Year-over-Year Comparison

	2024	2023	Change
Revenue	$357,691	$236,329	+0.5%
Expenses	$267,552	$217,019	+0.2%
Net Income	$90,139	$19,310	+3.7%

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
Dwayne Grigar	President	2.00	Officer Director	$0	$0	$0
Jim Miller	Treasurer	2.00	Officer Director	$0	$0	$0
Karen Wagner	Secretary	1.00	Officer Director	$0	$0	$0
Ralph Albright	Director	1.00	Director	$0	$0	$0
Chris Miers	Director	1.00	Director	$0	$0	$0
Tracy Pyle	Director	1.00	Director	$0	$0	$0
Bobby Slavinski	Director	1.00	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	$357,691	$267,552	$1,269,885	$90,139
2023	$236,329	$217,019	$1,149,959	$19,310
2022	$183,814	$146,417	$1,091,950	$37,397
2021	$232,456	$209,942	$1,117,246	$22,514
2020	$203,769	$224,429	$1,123,671	$-20,660
2019	$277,339	$229,198	$1,118,900	$48,141
2018	$257,308	$206,056	$1,023,062	$51,252

Fort Bend County Fair Scholarship Foundation