WATERFALL ACADEMY

EIN: 830616239 501(c)(3) Education

RICHARDSON, TX

Total Revenue
$260,247
Total Expenses
$239,055
Total Assets
$30,479
Net Assets
$22,064
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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
TX
Phone
9722138357
Tax Period
2024-01-01 to 2024-12-31

WATERFALL ACADEMY, founded in 2018, is a small nonprofit in the Education sector that reported $260K in total revenue in fiscal year 2024. Expenses of $239K left a modest 8% surplus.

Mission

Our mission is to deliver functional education that is customized to the brilliance of each child while supporting families on the path to greatness.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $88,186
Program Service Revenue $172,061
Investment Income $0
Other Revenue $0
TOTAL REVENUE $260,247

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $179,642
Other Expenses $239,055
TOTAL EXPENSES $239,055

Year-over-Year Comparison

2024 2023 Change
Revenue $260,247 N/A N/A
Expenses $239,055 N/A N/A
Net Income $21,192 N/A N/A
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

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Governance

Voting Members
2
Independent Members
N/A
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGEL RODRIGUEZ Director 5.00
Director
$0 $0 $0
CONSUELO RODRIGUEZ Director 5.00
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
2024 $260,247 $239,055 $30,479 $21,192
2023 $385,163 $384,062 $4,500 $1,101
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