SABINE PASS INDEPENDENT SCHOOL DISTRICT FOUNDATION (EIN 830893793) - 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

KRISTI HEID

Phone

4099712321

Tax Period

2023-09-01 to 2024-08-31

SABINE PASS INDEPENDENT SCHOOL DISTRICT FOUNDATION, founded in 2018, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 382% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 58% operating margin.

Mission

TO SUPPORT AND ENHANCE THE ADVANCEMENT OF EDUCATION THROUGH STUDENT SCHOLARSHIPS, AWARDS FOR INNOVATIVE TEACHER-DRIVEN PROJECTS, RECOGNITION OF OUTSTANDING FACULTY AND STAFF, AND PROVIDING FOR NON-BUDGETED NEEDS

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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 $3,288,286

Program Service Revenue $0

Investment Income $115,271

Other Revenue $0

TOTAL REVENUE $3,403,557

Expense Breakdown

Grants Paid $1,404,179

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,418,642

Other Expenses $14,463

TOTAL EXPENSES $1,418,642

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,403,557	$706,756	+3.8%
Expenses	$1,418,642	$254,871	+4.6%
Net Income	$1,984,915	$451,885	+3.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDA HURTADO	PRESIDENT	1.00	Officer	$0	$0	$0
KRISTI HEID	VICE PRESIDENT	1.00	Officer	$0	$0	$0
DUYEN BLANTON	TREASURER	2.00	Officer	$0	$0	$0
BELINDA PELTIER	SECRETARY	2.00	Officer	$0	$0	$0
PHYLLIS ALMOND	MEMBER	1.00	Director	$0	$0	$0
ETHAN BLOOD	VICE PRESIDENT	1.00	Director	$0	$0	$0
BRYAN HURTADO	MEMBER	1.00	Director	$0	$0	$0
CHRIS DESLATTE	MEMBER	1.00	Director	$0	$0	$0
JASON THIBODEAUX	MEMBER	1.00	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	$3,403,557	$1,418,642	$3,169,564	$1,984,915
2023	$706,756	$254,871	$1,184,649	$451,885
2022	$466,122	$99,771	$732,764	$366,351
2021	$203,552	$75,543	$366,413	$128,009

SABINE PASS INDEPENDENT SCHOOL DISTRICT FOUNDATION