Austin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The 2033 Higher Education Development Foundation, founded in 2017, is a small nonprofit in the Education sector that reported $922K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $902K, a strong 98% operating margin.
TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM FUNCTIONS ON BEHALF OF, AND TO CARRY OUT THE EXEMPT PURPOSES OF THE UNIVERSITY OF TEXAS AT AUSTIN (THE "UNIVERSITY"), AND TO BE OPERATED, SUPERVISED, OR CONTROLLED BY THE UNIVERSITY WITHIN THE MEANING OF SECTION 509(A)(3)(B)(I) OF THE CODE AND SUBSTANTIALLY ALL OF THE ACTIVITIES OF THE CORPORATION WILL DIRECTLY FURTHER THE EXEMPT PURPOSES OF THE UNIVERSITY. IN FURTHERANCE OF THE FOREGOING, THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING MATTERS PERTAINING TO THE ACQUISITION, MANAGEMENT, DEVELOPMENT, AND ADMINISTRATION OF REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY.
SUPPORT UT AUSTIN THROUGH PARTICIPATING IN CERTAIN TRANSACTIONS, INCLUDING SECURING A LONG TERM GROUND LEASE AND DEVELOPMENT OF PROPERTY ADJACENT TO THE UT AUSTIN DELL MEDICAL SCHOOL TO ENABLE THE...
SUPPORT UT AUSTIN THROUGH PARTICIPATING IN CERTAIN TRANSACTIONS, INCLUDING SECURING A LONG TERM GROUND LEASE AND DEVELOPMENT OF PROPERTY ADJACENT TO THE UT AUSTIN DELL MEDICAL SCHOOL TO ENABLE THE EXPANSION OF THE MEDICAL SCHOOL.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $922,413 | $682,066 | +0.4% |
| Expenses | $20,322 | $17,355 | +0.2% |
| Net Income | $902,091 | $664,711 | +0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Sanford L Gottesman | President | 30.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jeremy Smitheal | Vice President | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy Oakley | Secretary/Treasurer | 3.00 |
Officer
Director
|
$0 | $8,260 | $187,045 |
| James Davis | Director (as of Sept. 2023) | 1.00 |
Director
|
$0 | $22,453 | $721,512 |
| David Slesnick | Director (as of Sept. 2023) | 1.00 |
Director
|
$0 | $58,393 | $550,171 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $922,413 | $20,322 | $263,049,432 | $902,091 |
| 2022 | $682,066 | $17,355 | $210,331,908 | $664,711 |
| 2021 | $50,000 | $16,860 | $108,477,674 | $33,140 |
| 2020 | No data | $15,867 | $49,312,511 | No data |
| 2019 | $352,019 | $24,170 | $10,990,114 | $327,849 |
| 2018 | $67,829 | No data | $1,444,400 | No data |
Compare The 2033 Higher Education Development Foundation with other nonprofits in Texas and across the country.