FRIENDSWOOD ISD EDUCATION FOUNDATION INC (EIN 760606614) - 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

1999

Legal Domicile

Principal Officer

RUSSELL HILLENBURG

Phone

2814821267

Tax Period

2023-09-01 to 2024-08-31

FRIENDSWOOD ISD EDUCATION FOUNDATION INC, founded in 1999, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $373K, a strong 30% operating margin.

Mission

SEE PART III

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,070,568

Program Service Revenue $0

Investment Income $50,894

Other Revenue $111,520

TOTAL REVENUE $1,232,982

Expense Breakdown

Grants Paid $613,499

Salaries & Benefits $0

Fundraising Expenses $78,215

Program Expenses $679,767

Other Expenses $246,889

TOTAL EXPENSES $860,388

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,232,982	$901,711	+0.4%
Expenses	$860,388	$1,201,012	-0.3%
Net Income	$372,594	$-299,301	-2.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TANNER BAKER	DIRECTOR	2.00	Director	$0	$0	$0
SUZANNE BANFIELD	DIRECTOR	2.00	Director	$0	$0	$0
CARLY BANWELL	DIRECTOR	2.00	Director	$0	$0	$0
BLAKE BARMORE	DIRECTOR	2.00	Director	$0	$0	$0
AMIE BELL	DIRECTOR	2.00	Director	$0	$0	$0
STACY CONDON	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT DAYTON	DIRECTOR	2.00	Director	$0	$0	$0
ALEXIS DIFRUSCIO	DIRECTOR	2.00	Director	$0	$0	$0
LEAH DIREKLY	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH DITTA	DIRECTOR	2.00	Director	$0	$0	$0
BRAD FREYER	DIRECTOR	2.00	Director	$0	$0	$0
NICK GAIDO	DIRECTOR	2.00	Director	$0	$0	$0
HARRIS HANSON	DIRECTOR	2.00	Director	$0	$0	$0
LACEY HARRIS	DIRECTOR	2.00	Director	$0	$0	$0
KAM HASMUKH	DIRECTOR	2.00	Director	$0	$0	$0
JAMIE HILL	DIRECTOR	2.00	Director	$0	$0	$0
BRANDON KINSEY	DIRECTOR	2.00	Director	$0	$0	$0
KENNY KONCABA	DIRECTOR	2.00	Director	$0	$0	$0
KELLY LOVELL	DIRECTOR	2.00	Director	$0	$0	$0
VICTORIA MERKYS	DIRECTOR	2.00	Director	$0	$0	$0
CANDACE METZ	DIRECTOR	2.00	Director	$0	$0	$0
MARIANNA RAIA	DIRECTOR	2.00	Director	$0	$0	$0
ALLAN RASMUSSEN	DIRECTOR	2.00	Director	$0	$0	$0
ADAM RING	DIRECTOR	2.00	Director	$0	$0	$0
JULIE SIMS	DIRECTOR AT-LARGE	2.00	Director	$0	$0	$0
ALAN STANFIELD	DIRECTOR	2.00	Director	$0	$0	$0
SHANNON STANFORD	DIRECTOR	2.00	Director	$0	$0	$0
JUDY WIGGINS	DIRECTOR	2.00	Director	$0	$0	$0
MOLLY CROW	PRESIDENT	5.00	Officer	$0	$0	$0
RUSSELL HILLENBURG	TREASURER	5.00	Officer	$0	$0	$0
TRACY HOPKINS	VICE PRESIDENT	5.00	Officer	$0	$0	$0
SHANNA KIRKPATRICK	VICE PRESIDENT	5.00	Officer	$0	$0	$0
THAD ROHER	SECRETARY	5.00	Officer	$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	$1,232,982	$860,388	$2,508,433	$372,594
2023	$901,711	$1,201,012	$2,213,589	$-299,301
2022	$781,466	$469,203	$2,509,284	$312,263
2021	$426,545	$71,459	$2,184,809	$355,086
2020	$462,632	$387,050	$1,508,144	$75,582
2019	$389,953	$327,549	$1,370,025	$62,404
2018	$473,721	$518,083	$1,309,602	$-44,362

FRIENDSWOOD ISD EDUCATION FOUNDATION INC