The Best School

EIN: 882492542 501(c)(3) Education

Fort Worth, TX

Total Revenue
$500,000
Total Expenses
$403,563
Total Assets
$96,540
Net Assets
$96,437
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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
Preston M Geren III
Tax Period
2023-01-01 to 2023-12-31

The Best School, founded in 2022, is a small nonprofit in the Education sector that reported $500K in total revenue in fiscal year 2023. The organization ran a surplus of $96K, a strong 19% operating margin.

Mission

Open a group of charter schools in Tarrant County, Texas that is the leader in state academic performance.

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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 $500,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $500,000

Expense Breakdown

Grants Paid $200,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200,000
Other Expenses $203,563
TOTAL EXPENSES $403,563

Year-over-Year Comparison

2023 2022 Change
Revenue $500,000 N/A N/A
Expenses $403,563 N/A N/A
Net Income $96,437 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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ana Shropshire Director 0.10
Director
$0 $0 $0
Chris Barbic Director 0.10
Director
$0 $0 $0
Matthew Carter Director 0.10
Director
$0 $0 $0
Brent Beasley Director 0.50
Director
$0 $0 $0
Preston M Geren III President 0.50
Officer Director
$0 $0 $0
Dana Stayton Secretary 0.10
Officer 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 $500,000 $403,563 $96,540 $96,437
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