THE PIPELINERS ASSOCIATION OF HOUSTON EDUCATIONAL FUND (EIN 874757810) - 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

ANDREW BERMACK

Phone

7135021956

Tax Period

2023-01-01 to 2023-12-31

THE PIPELINERS ASSOCIATION OF HOUSTON EDUCATIONAL FUND, founded in 2022, is a small nonprofit in the Education sector that reported $864K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 22% operating deficit.

Mission

PROVIDE SCHOLARSHIPS AND EDUCATIONAL GRANTS TO INDIVIUDALS IN THE PIPELINE INDUSTRY.

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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 $133,660

Program Service Revenue $0

Investment Income $701

Other Revenue $730,063

TOTAL REVENUE $864,424

Expense Breakdown

Grants Paid $1,008,685

Salaries & Benefits $0

Fundraising Expenses $34,656

Program Expenses $1,011,698

Other Expenses $49,629

TOTAL EXPENSES $1,058,314

Year-over-Year Comparison

	2023	2022	Change
Revenue	$864,424	$648,609	+0.3%
Expenses	$1,058,314	$16,673	+62.5%
Net Income	$-193,890	$631,936	-1.3%

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
ALEX MCCONNEL	PRESIDENT	N/A	Officer Director	$0	$0	$0
PAUL PRODOEHL	VICE PRESIDE	N/A	Officer	$0	$0	$0
TIM LEVRIER	TREASURER	N/A	Officer	$0	$0	$0
ANDREW BERMACK	SECRETARY	N/A	Officer	$0	$0	$0
ROB KOENIG	ASSISTANT SE	N/A	Officer	$0	$0	$0
ROBERT BRINK	DIRECTOR	N/A	Director	$0	$0	$0
JOHN LOHMAN	DIRECTOR	N/A	Director	$0	$0	$0
GREG FORD	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	No data	No data	No data	No data
2023	$864,424	$1,058,314	$449,741	$-193,890
2022	$648,609	$16,673	$631,936	$631,936

THE PIPELINERS ASSOCIATION OF HOUSTON EDUCATIONAL FUND