TGWA Scholarship Foundation (EIN 831017909) - 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

Bobby Bazan

Phone

5124727437

Tax Period

2021-07-01 to 2022-06-30

TGWA Scholarship Foundation, founded in 2018, is a small nonprofit in the Education sector that reported $114K in total revenue in fiscal year 2021. The organization ran a surplus of $74K, a strong 65% operating margin.

Mission

TGWA Scholarship Foundation was created to further the mission of Texas Ground Water Association by awarding scholarships to Texas undergraduate students who have a background or interest in groundwater and the water well drilling industry.

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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 (2021)

Revenue Breakdown

Contributions & Grants $110,762

Program Service Revenue $0

Investment Income $11

Other Revenue $3,321

TOTAL REVENUE $114,094

Expense Breakdown

Grants Paid $26,619

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,619

Other Expenses $12,978

TOTAL EXPENSES $39,597

Year-over-Year Comparison

	2021	2020	Change
Revenue	$114,094	N/A	N/A
Expenses	$39,597	$2,211	+16.9%
Net Income	$74,497	$-2,211	-34.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pete Brien	President	1.00	Officer Director	$0	$0	$0
Mike Pyburn	VP/Treasurer	1.00	Officer Director	$0	$0	$0
Chad Hillis	Secretary	1.00	Officer Director	$0	$0	$0
Jim Jackson	Director	1.00	Director	$0	$0	$0
Dennis Kern	Director	1.00	Director	$0	$0	$0
John Waugh	Director	1.00	Director	$0	$0	$0
Moshe Draznin	Director	1.00	Director	$0	$0	$0
Dale Felder	Director	1.00	Director	$0	$0	$0
Terry Lowe	Director	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
2022	$114,094	$39,597	$380,442	$74,497

TGWA Scholarship Foundation