DALLAS EDUCATION COLLECTIVE

EIN: 933279997 501(c)(3) Public & Societal Benefit

ADDISON, TX

Total Revenue
$391,000
Total Expenses
$575,041
Total Assets
$8,851
Net Assets
$-11,167
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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
2023
Legal Domicile
TX
Principal Officer
NAKIA DOUGLAS
Phone
9729802700
Tax Period
2024-01-01 to 2024-12-31

DALLAS EDUCATION COLLECTIVE, founded in 2023, is a small nonprofit in the Public & Societal Benefit sector that reported $391K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $575K exceeded revenue, resulting in a 47% operating deficit.

Mission

To improve the Dallas public education system by raising and deploying capital to institutions in the most disadvantaged areas of the city.

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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 $391,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $391,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,893
Fundraising Expenses $0
Program Expenses $401,203
Other Expenses $404,148
TOTAL EXPENSES $575,041

Year-over-Year Comparison

2024 2023 Change
Revenue $391,000 $347,196 +0.1%
Expenses $575,041 $174,322 +2.3%
Net Income $-184,041 $172,874 -2.1%
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
3
Independent Members
2
Employees
1
Volunteers
3

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
$61,153
Total Directors
3
$61,153
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NAKIA DOUGLAS President 1.00
Officer Director
$61,153 $0 $61,153
SARAH ZUBIATE BENNETT Secretary 1.00
Officer Director
$0 $0 $0
MONTY BENNETT Director 1.00
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 $391,000 $575,041 $8,851 $-184,041
2023 $347,196 $174,322 $209,298 $172,874
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