PETE AND THOMAS FOUNDATION INC (EIN 873210040) - 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

2022

Legal Domicile

Principal Officer

CANDY CRARY

Phone

5188863488

Tax Period

2023-01-01 to 2023-12-31

PETE AND THOMAS FOUNDATION INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $325K in total revenue in fiscal year 2023. Revenue surged 236% from the prior year, signaling strong growth momentum. The organization ran a surplus of $299K, a strong 92% operating margin.

Mission

THE PURPOSE OF THE FOUNDATION IS TO CATALYZE RESOURCES TO EFFECT MEANINGFUL AND POSITIVE CHANGE IN THE LIVES OF WOMEN AND CHILDREN, SENIOR CITIZENS, AND UNDERSERVED COMMUNITIES IN HOUSTON, TX, AND ACROSS THE GLOBE.

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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 $325,245

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $325,245

Expense Breakdown

Grants Paid $24,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,042

Other Expenses $2,222

TOTAL EXPENSES $26,222

Year-over-Year Comparison

	2023	2022	Change
Revenue	$325,245	$96,732	+2.4%
Expenses	$26,222	$84,421	-0.7%
Net Income	$299,023	$12,311	+23.3%

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
MEGAN PETE	PRESIDENT	5.00	Director	$0	$0	$0
TRAVIS FARRIS	CHIEF FINANCIAL OFFICER	5.00	Director	$0	$0	$0
CANDY CRARY	DIRECTOR	10.00	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	No data	No data	No data	No data
2023	$325,245	$26,222	$311,334	$299,023

PETE AND THOMAS FOUNDATION INC