LEAKEY ISD EDUCATION FOUNDATION INC (EIN 834259915) - 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

Principal Officer

CHARLIE REAGOR

Phone

8302325595

Tax Period

2023-08-01 to 2024-07-31

LEAKEY ISD EDUCATION FOUNDATION INC is a micro nonprofit in the Education sector that reported $22K in total revenue in fiscal year 2023. Revenue surged 237% from the prior year, signaling strong growth momentum. Expenses of $72K exceeded revenue, resulting in a 234% operating deficit.

Mission

THE ORGANIZATION WILL HELP RAISE AND DISTRIBUTE FUNDS TO PROVIDE BASIC SUPPORT AND ENRICHMENT TO THE STUDENTS OF THE SCHOOL DISTRICT.

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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 $20,000

Program Service Revenue $0

Investment Income $1,531

Other Revenue $0

TOTAL REVENUE $21,531

Expense Breakdown

Grants Paid $70,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,863

Other Expenses $1,863

TOTAL EXPENSES $71,863

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,531	$6,382	+2.4%
Expenses	$71,863	$5,344	+12.4%
Net Income	$-50,332	$1,038	-49.5%

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

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
CHARLIE REAGOR	PRESIDENT	N/A	Officer Director	$0	$0	$0
JESSE LUXTON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TRACY DAVIS	TREASURER	N/A	Officer Director	$0	$0	$0
TIMOTHY A LEACH	DIRECTOR	N/A	Director	$0	$0	$0
TOM KIRKPATRICK	DIRECTOR	N/A	Director	$0	$0	$0
MARTHA SAMES	DIRECTOR	N/A	Director	$0	$0	$0
DANA WILLIAMS	DIRECTOR	N/A	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	$21,531	$71,863	$43,595	$-50,332
2023	$6,382	$5,344	$93,927	$1,038
2022	$42,325	$43,542	$92,889	$-1,217
2021	$68,969	$170,971	$94,106	$-102,002
2020	$27,082	$21,362	$196,108	$5,720
2019	$200,714	$10,326	$190,388	$190,388

LEAKEY ISD EDUCATION FOUNDATION INC