CHILDRENS AIRWAY FIRST FOUNDATION

EIN: 862254672 501(c)(3) Medical Research

Austin, TX

Total Revenue
$1,029,297
Total Expenses
$484,270
Total Assets
$1,121,367
Net Assets
$1,121,367
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
TX
Principal Officer
Bradley E Sparks
Phone
5095935139
Tax Period
2024-01-01 to 2024-12-31

CHILDRENS AIRWAY FIRST FOUNDATION, founded in 2021, is a community nonprofit in the Medical Research sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 285% from the prior year, signaling strong growth momentum. The organization ran a surplus of $545K, a strong 53% operating margin.

Mission

Generally, to operate exclusively for charitable, scientific, literary, and educational purposes within the meaning of Section 501(c)(3) of the Code, by (i) providing and facilitating education and training on children's breathing and airway disorders to medical doctors, dentists, insurers, educators, and families, (ii) facilitating and funding research on programs for screening, evaluating and treating children's airway disorders, and (iii) raising global awareness of the silent epidemic of children's airway disorders together with prevention and treatment options.

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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 $1,007,567
Program Service Revenue $0
Investment Income $22,452
Other Revenue $-722
TOTAL REVENUE $1,029,297

Expense Breakdown

Grants Paid $19,900
Salaries & Benefits $120,000
Fundraising Expenses $0
Program Expenses $476,555
Other Expenses $344,370
TOTAL EXPENSES $484,270

Year-over-Year Comparison

2024 2023 Change
Revenue $1,029,297 $267,498 +2.8%
Expenses $484,270 $191,222 +1.5%
Net Income $545,027 $76,276 +6.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
23

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
2
$120,000
Total Directors
3
$120,000
Key Employees
2
$120,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Candy Sparks Director and President 80
Officer Director Key Emp Highest
$120,000 $0 $120,000
Bradley E Sparks Board Chair, Treasurer and Secretary 40
Officer Director Key Emp
$0 $0 $0
Cameron Strong Director 1
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 $1,029,297 $484,270 $1,121,367 $545,027
2023 $267,498 $191,222 $576,340 $76,276
2022 $552,907 $100,101 $499,884 $452,806
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