GALENA PARK ISD EDUCATION FOUNDATIONINC (EIN 760563596) - 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

WAYNE OQUIN

Phone

8323861000

Tax Period

2019-01-01 to 2019-12-31

GALENA PARK ISD EDUCATION FOUNDATIONINC, founded in 1998, is a small nonprofit in the Education sector that reported $384K in total revenue in fiscal year 2019. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $338K left a modest 12% surplus.

Mission

TO GENERATE AND ALLOCATE RESOURCES ON BEHALF AND FOR THE BENEFIT OF THE STUDENTS AND STAFF OF GALENA PARK INDEPENDENT SCHOOL DISTRICT IN A MANNER THAT SIGNIFICANTLY ENHANCES THE CLASSROOM LEARNING EXPERIENCE, FACILITATES CONTINUED EDUCATIONAL OPPORTUNITIES THROUGH SCHOLARSHIP SUPPORT, AND ENABLES THE FOUNDATION TO SUSTAIN ITS FINANCIAL ABILITY TO CONTINUE ITS MISSION IN THE FUTURE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $371,811

Program Service Revenue $0

Investment Income $13,101

Other Revenue $-1,356

TOTAL REVENUE $383,556

Expense Breakdown

Grants Paid $83,884

Salaries & Benefits $160,627

Fundraising Expenses $0

Program Expenses $83,884

Other Expenses $93,646

TOTAL EXPENSES $338,157

Year-over-Year Comparison

	2019	2018	Change
Revenue	$383,556	$333,042	+0.2%
Expenses	$338,157	$266,478	+0.3%
Net Income	$45,399	$66,564	-0.3%

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

$160,627

Total Directors

$160,627

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE OQUIN	FOUNDATION DIRECTOR	40.00	Officer Director	$2,500	$4,703	$59,499
CATHY ETHRIDGE	FOUNDATION COORDINATOR	28.00	Officer Director	$850	$5,987	$100,278
YVONNE JOHNSON	FOUNDATION ACCOUNTANT	5.00	Officer Director	$850	$0	$850
BRENT HUGHES	PRESIDENT	1.00	Officer Director	$0	$0	$0
OWEN SONIK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MAC MCDERMOTT	TREASURER	1.00	Officer Director	$0	$0	$0
LINDA SHERRARD	SECRETARY	1.00	Officer Director	$0	$0	$0
DR GERALD COBB	DIRECTOR	1.00	Director	$0	$0	$0
DR ANGI WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
DR DALANE BOUILLION	DIRECTOR	1.00	Director	$0	$0	$0
RUBY TIBBS	DIRECTOR	1.00	Director	$0	$0	$0
JOSE JIMENEZ	DIRECTOR	1.00	Director	$0	$0	$0
DR ALLATIA HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
ADRIAN SLOAN	DIRECTOR	1.00	Director	$0	$0	$0
JANIE FLORES	DIRECTOR	1.00	Director	$0	$0	$0
JEFFERY MILLER	DIRECTOR	1.00	Director	$0	$0	$0
RAMON GARZA	DIRECTOR	1.00	Director	$0	$0	$0
DOWEN SIMS	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER SILVA	DIRECTOR	1.00	Director	$0	$0	$0
JULIA ARCENEAUX	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
2019	$383,556	$338,157	$787,543	$45,399
2018	$333,042	$266,478	$722,848	$66,564

GALENA PARK ISD EDUCATION FOUNDATIONINC