TRANSFORMATION WACO (EIN 830546031) - 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

2018

Legal Domicile

Principal Officer

ROBIN MCDURHAM

Phone

2544986002

Tax Period

2023-09-01 to 2024-08-31

TRANSFORMATION WACO, founded in 2018, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 164% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION'S MISSION IS TO IMPROVE AND SUPPORT FIVE STRUGGLING ELEMENTARY AND MIDDLE CAMPUSES IN WACO,TEXAS IN DANGER OF CLOSURE.

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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 $1,300,393

Program Service Revenue $0

Investment Income $284

Other Revenue $0

TOTAL REVENUE $1,300,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $381,590

Fundraising Expenses $0

Program Expenses $1,042,954

Other Expenses $880,727

TOTAL EXPENSES $1,262,317

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,300,677	$493,163	+1.6%
Expenses	$1,262,317	$436,352	+1.9%
Net Income	$38,360	$56,811	-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

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

$184,217

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MALCOLM DUNCAN	BOARD MEMBER	5.00	Director	$0	$0	$0
CHRISTY PERKINS	SECRETARY	5.00	Officer Director	$0	$0	$0
DR STEPHEN REID	BOARD MEMBER	5.00	Director	$0	$0	$0
HAZEL ROWE	INTERIM BOARD PRESIDENT	10.00	Officer Director	$0	$0	$0
MELLI WICKLIFF	BOARD MEMBER	5.00	Director	$0	$0	$0
MARY FISHER	BOARD MEMBER	5.00	Director	$0	$0	$0
ROBIN MCDURHAM	CHIEF EXECUTIVE OFFICER	40.00	Officer	$184,217	$0	$184,217

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	$1,300,677	$1,262,317	$762,597	$38,360
2023	$493,163	$436,352	$78,087	$56,811
2022	$428,127	$484,096	$21,276	$-55,969
2021	$219,808	$222,097	$77,245	$-2,289
2020	$288,302	$254,865	$79,534	$33,437
2019	$237,248	$209,479	$46,097	$27,769

TRANSFORMATION WACO