FOUNDATION FOR AN INFORMED TEXAS (EIN 822030909) - 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

2017

Legal Domicile

Principal Officer

Lisa Wise

Phone

5127854602

Tax Period

2020-01-01 to 2020-12-31

FOUNDATION FOR AN INFORMED TEXAS, founded in 2017, is a small nonprofit in the Education sector that reported $133K in total revenue in fiscal year 2020. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $121K left a modest 9% surplus.

Mission

Foundation for an Informed Texas works to provide Texans with the knowledge about the Texas Compassionate Use Program (TCUP), the biological mechanisms of the plant, the physiological aspects and socio-economic impacts. See Schedule O for full Mission Statement.

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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 (2020)

Revenue Breakdown

Contributions & Grants $119,888

Program Service Revenue $12,662

Investment Income $0

Other Revenue $0

TOTAL REVENUE $132,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,700

Fundraising Expenses $8,893

Program Expenses $107,765

Other Expenses $80,144

TOTAL EXPENSES $120,844

Year-over-Year Comparison

	2020	2019	Change
Revenue	$132,550	$107,277	+0.2%
Expenses	$120,844	$89,274	+0.4%
Net Income	$11,706	$18,003	-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

$40,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAX FINKEL	President	1.00	Officer	$0	$40,700	$40,700
Jax Finkel	Executive Director	17.00		$40,700	$0	$40,700
NISHI WHITELEY	Director	1.00	Director	$0	$0	$0
WENDY ASKEW	Director	1.00	Director	$0	$0	$0
CORINNE WILDER	Director	1.00	Director	$0	$0	$0
CARLOS CARO	Secretary	1.00	Officer	$0	$0	$0
LISA WISE	Treasurer	2.00	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
2020	$132,550	$120,844	$47,418	$11,706
2019	$107,277	$89,274	$35,712	$18,003
2018	$242,108	$227,915	$17,709	$14,193

FOUNDATION FOR AN INFORMED TEXAS