TRANSFORMATIVE EDUCATION FOR ADULTS INC

EIN: 873842565 501(c)(3) Education

FORT WORTH, TX

Total Revenue
$9,218,787
Total Expenses
$4,121,947
Total Assets
$6,117,585
Net Assets
$5,480,729
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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
TX
Principal Officer
TRACI BERRY
Phone
8175152800
Tax Period
2024-07-01 to 2025-06-30

TRANSFORMATIVE EDUCATION FOR ADULTS INC, founded in 2022, is a community nonprofit in the Education sector that reported $9.2M in total revenue in fiscal year 2024. Revenue surged 1307% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.1M, a strong 55% operating margin.

Mission

THE MISSION OF TRANSFORMATIVE EDUCATION FOR ADULTS AND NEW HEIGHTS IS TO RAPIDLY INCREASE OPPORTUNITIES FOR MARGINALIZED COMMUNITIES BY CONNECTING INDIVIDUALS WITH RELEVANT AND IMPACTFUL HIGH SCHOOL EDUCATION, CAREER AND TECHNICAL TRAINING, AND COLLEGE PATHWAYS IN AN ENVIRONMENT DESIGNED SPECIFICALLY TO MEET THE RESPONSIBILITIES, CHALLENGES, AND WHOLE PERSON NEEDS OF ADULT LEARNERS AGES 18-50. NEW HEIGHTS WILL DRIVE MULTIGENERATIONAL TRANSFORMATION THROUGH LIFELONG LEARNING AND ECONOMIC INDEPENDENCE.

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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 $1,644,313
Program Service Revenue $7,574,474
Investment Income $0
Other Revenue $0
TOTAL REVENUE $9,218,787

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,990,704
Fundraising Expenses $0
Program Expenses $3,296,458
Other Expenses $1,131,243
TOTAL EXPENSES $4,121,947

Year-over-Year Comparison

2024 2023 Change
Revenue $9,218,787 $655,000 +13.1%
Expenses $4,121,947 $271,111 +14.2%
Net Income $5,096,840 $383,889 +12.3%
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

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Governance

Voting Members
5
Independent Members
5
Employees
52
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
5
$323,861
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR BRENDA BROOKS ALBRIGHT MEMBER 1.00
Director
$0 $0 $0
DR DAVID SAENZ MEMBER 1.00
Director
$0 $0 $0
TY STIMPSON MEMBER 1.00
Director
$0 $0 $0
TED DELISI PRESIDENT 1.00
Officer Director
$0 $0 $0
ERIC FOX SECRETARY 1.00
Officer Director
$0 $0 $0
TRACI BERRY SUPERINTENDENT/CEO 40.00
Officer
$170,614 $0 $170,614
DR LETICIA SERNA COO 40.00
Officer
$75,518 $0 $75,518
XAVIER SANCHEZ CAO 40.00
Officer
$77,729 $0 $77,729
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
2025 $9,218,787 $4,121,947 $6,117,585 $5,096,840
2024 $655,000 $271,111 $436,917 $383,889
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