KLEIN 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

2000

Legal Domicile

Principal Officer

BILL LAKIN

Phone

8322494754

Tax Period

2024-07-01 to 2025-06-30

KLEIN ISD EDUCATION FOUNDATION, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $394K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO GENERATE AND DISTRIBUTE RESOURCES TO THE KLEIN INDEPENDENT SCHOOL DISTRICT.

Program Service Accomplishments

Program 1

Expenses: $202,839 Revenue: $385,684

INNOVATIVE CLASSROOM TEACHING GRANTS - INDIVIDUALS AND GROUPS OF TEACHERS ARE AWARDED FOR INNOVATIVE CLASSROOM INITIATIVES THAT SUPPORT THE MISSION OF THE SCHOOL DISTRICT. THE GRANTS ARE BASED ON...

INNOVATIVE CLASSROOM TEACHING GRANTS - INDIVIDUALS AND GROUPS OF TEACHERS ARE AWARDED FOR INNOVATIVE CLASSROOM INITIATIVES THAT SUPPORT THE MISSION OF THE SCHOOL DISTRICT. THE GRANTS ARE BASED ON MERIT AND EVALUATED BY A COMMUNITY OF DISTRICT REPRESENTATIVES AND FOUNDATION DIRECTORS. GRANT APPLICATIONS ARE RECEIVED EACH SEMESTER AND AWARDED THE NEXT SEMESTER. THE NUMBER OF GRANTS AWARDED DEPEND ON THE FUNDS AVAILABLE TO THE FOUNDATION TO FUND THE GRANTS.

Program 2

Expenses: $82,579

PROGRAM COSTS RELATED TO THE ACADEMIC BANQUET, GOLF TOURNAMENT, AND OTHER EVENTS.

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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 $0

Program Service Revenue $385,684

Investment Income $8,783

Other Revenue $0

TOTAL REVENUE $394,467

Expense Breakdown

Grants Paid $202,839

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $285,418

Other Expenses $220,932

TOTAL EXPENSES $423,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$394,467	$425,655	-0.1%
Expenses	$423,771	$433,383	0.0%
Net Income	$-29,304	$-7,728	+2.8%

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

N/A

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
ALLEN ALVES	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN AMBRIDGE	VP EVENTS	N/A	Director	$0	$0	$0
CATHY ARELLANO	KISD BOT REP	N/A	Director	$0	$0	$0
JASON BAILEY	VP GOVERNANC	N/A	Officer Director	$0	$0	$0
APRIL BARCELLO	DIRECTOR	N/A	Director	$0	$0	$0
DIANA BLANKENSHIP	DIRECTOR	N/A	Director	$0	$0	$0
MARLISA BRIGGS	VP MKT/COMM	N/A	Officer Director	$0	$0	$0
AK BROWN	DIRECTOR	N/A	Director	$0	$0	$0
CADDIE COX	DIRECTOR	N/A	Director	$0	$0	$0
FELICIA DAVIS	DIRECTOR	N/A	Director	$0	$0	$0
LARRY DROWN	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN DWORACZYK	DIRECTOR	N/A	Director	$0	$0	$0
JANA GONZALES	DIRECTOR	N/A	Director	$0	$0	$0
CHARLES W GRIFFITHS JR	DIRECTOR	N/A	Director	$0	$0	$0
CHESTER HICKS	DIRECTOR	N/A	Director	$0	$0	$0
THOMAS A HOLT	DIRECTOR	N/A	Director	$0	$0	$0
MARGARET IVANCEVICH	DIRECTOR	N/A	Director	$0	$0	$0
JENNA KNIGHT	DIRECTOR	N/A	Director	$0	$0	$0
SANDY LACLAVE	DIRECTOR	N/A	Director	$0	$0	$0
BILL LAKIN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JENNY MCGOWAN	SECRETARY	N/A	Officer Director	$0	$0	$0
HEATHER PATRICK	EXEC VICE PR	N/A	Director	$0	$0	$0
SARAH QUALLS	DIRECTOR	N/A	Director	$0	$0	$0
ANGEL RIVERA	DIRECTOR	N/A	Director	$0	$0	$0
TIM SEIPPEL	DIRECTOR	N/A	Director	$0	$0	$0
PHILIP STEWART	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER SYMONS	VP FUNDRAISI	N/A	Officer Director	$0	$0	$0
CHRISTY SPISAK	DIRECTOR	N/A	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	$394,467	$423,771	$594,612	$-29,304
2024	No data	No data	No data	No data
2023	$361,257	$330,317	$531,248	$30,940
2022	$377,041	$302,250	$490,308	$74,791
2021	$318,334	$326,448	$416,874	$-8,114
2020	$314,494	$195,086	$446,488	$119,408
2019	$347,900	$331,158	$322,365	$16,742
2018	$301,457	$272,829	$293,150	$28,628