The Viola Ford Fletcher Foundation Inc

EIN: 871005182 501(c)(3) Community Improvement

Frisco, TX

Total Revenue
$191,736
Total Expenses
$167,288
Total Assets
$94,719
Net Assets
$94,719
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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
2021
Legal Domicile
TX
Principal Officer
IKE HOWARD
Phone
8772778537
Tax Period
2023-01-01 to 2023-12-31

The Viola Ford Fletcher Foundation Inc, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $192K in total revenue in fiscal year 2023. Expenses of $167K left a modest 13% surplus.

Mission

mobilizes resources to build peoples selfsufficiency through health educational knowledgesharing and workforce opportunity

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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 (2023)

Revenue Breakdown

Contributions & Grants $191,736
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $191,736

Expense Breakdown

Grants Paid $97,132
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $95,632
Other Expenses $70,156
TOTAL EXPENSES $167,288

Year-over-Year Comparison

2023 2022 Change
Revenue $191,736 N/A N/A
Expenses $167,288 N/A N/A
Net Income $24,448 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
3
Independent Members
3
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IKE HOWARD President 40.00
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
2023 $191,736 $167,288 $94,719 $24,448
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