TEXAS CHILDCARE PARTNERS (EIN 921061846) - 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

THEO THOMPSON

Phone

5123732662

Tax Period

2024-01-01 to 2024-12-31

TEXAS CHILDCARE PARTNERS, founded in 2022, is a community nonprofit in the Health Care sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 179% from the prior year, signaling strong growth momentum.

Mission

WE ARE A HEALTH INSURANCE CO-OPERATIVE FOR FRANCHISED CHILDCARE LOCATIONS IN TEXAS. WE ALLOW SMALL BUSINESSES TO OBTAIN COMPETITIVE BENEFITS FOR THEIR EMPLOYEES BY PROVIDING SCALE. WE ALLOW THE INSURANCE COMPANIES TO BILL ONE ENTITY AND THE LOCATIONS TO SPLIT OUT AND PAY THEIR RESPECTIVE PORTION OF THE BILLS INDIVIDUALLY. WE WILL ALSO ENGAGE AN INSURANCE AGENT TO NEGOTIATE ON BEHALF OF THE CO-OP TO GET THE BEST RATE. ON AVERAGE, WE WILL SPEND ABOUT 1 HOUR A WEEK ON THIS ACTIVITY. A SMALL MONTHLY MEMBER FEE IS CHARGED TO COVER PROFESSIONAL ACCOUNTING SERVICES, BANK TRANSACTIONS AND OTHER FEES. BEING TREATED AS A LARGE ORGANIZATION ALLOWS US TO KEEP COSTS DOWN FOR OUR MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,834,307

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,834,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,803,942

TOTAL EXPENSES $3,803,942

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,834,307	$1,375,067	+1.8%
Expenses	$3,803,942	$1,374,667	+1.8%
Net Income	$30,365	$400	+74.9%

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
THEO THOMPSON	DIRECTOR	N/A	Officer Director	$0	$0	$0
KEVIN BHAKTA	DIRECTOR	N/A	Officer Director	$0	$0	$0
CHRIS ROLFSEN	DIRECTOR	N/A	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	$3,834,307	$3,803,942	$204,765	$30,365
2023	$1,375,067	$1,374,667	$53,400	$400

TEXAS CHILDCARE PARTNERS