ALVIN ISD EDUCATION FOUNDATION

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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

JOY KORTH

Phone

2812452586

Tax Period

2025-01-01 to 2025-12-31

ALVIN ISD EDUCATION FOUNDATION, founded in 1998, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.0M in total revenue in fiscal year 2025. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $318K, a strong 32% operating margin.

Mission

TO PROMOTE AND SUPPORT ALVIN ISD IN ITS EDUCATIONAL ENDEVOURS

Program Service Accomplishments

Program 1

Expenses: $536,281 Revenue: $207,154

GRANTS ARE GIVEN TO TEACHERS TO ALLOW THEM TO CARRY OUT INNOVATIVE TEACHING IDEAS THAT ARE NOT ABLE TO BE FUNDED BY THE DISTRICT. APPROX 4500 STUDENTS BENEFITED.

Program 2

Expenses: $95,200 Revenue: $30,300

SCHOLARSHIPS ARE GIVEN TO AISD GRADUATING STUDENTS AS WELL AS STAFF TO HELP FURTHER THEIR EDUCATION. APPROX 85 INDIVIDUALS BENEFITED.

Program 3

Expenses: $4,300 Revenue: $0

GRANTS ARE GIVEN TO ALL NEW TEACHERS IN THE SCHOOL DISTRICT TO ASSIST THEM IN PURCHASING SUPPLIES FOR THEIR SCHOOL ROOMS. APPROX 3700 STUDENTS BENEFITED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $355,912

Program Service Revenue $0

Investment Income $188,806

Other Revenue $455,511

TOTAL REVENUE $1,000,229

Expense Breakdown

Grants Paid $624,046

Salaries & Benefits $13,686

Fundraising Expenses $0

Program Expenses $643,284

Other Expenses $43,049

TOTAL EXPENSES $681,980

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,000,229	$749,341	+0.3%
Expenses	$681,980	$544,384	+0.3%
Net Income	$318,249	$204,957	+0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORILYN WYNN	PRESIDENT	10.00	Officer Director	$0	$0	$0
ANNETTE RILEY	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JOY KORTH	TREASURER	10.00	Officer Director	$0	$0	$0
JAMIE HEADLEY	SECRETARY	10.00	Officer Director	$0	$0	$0
MELBA ERVIN	PAST PRESIDENT	10.00	Officer 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
2025	$1,000,229	$681,980	$2,095,527	$318,249
2024	$749,341	$544,384	$1,782,883	$204,957
2023	$649,317	$469,166	$1,579,176	$180,151
2022	$270,104	$324,478	$1,395,277	$-54,374
2021	$448,492	$293,886	$1,457,712	$154,606
2020	$308,441	$301,886	$1,339,582	$6,555
2019	$358,552	$250,801	$1,206,827	$107,751
2018	$304,523	$230,364	$1,007,942	$74,159