GRAYLAN SPRING FOUNDATION (EIN 991615843) - 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

2024

Legal Domicile

Principal Officer

GARY SPRING

Phone

5128285625

Tax Period

2024-01-01 to 2024-12-31

GRAYLAN SPRING FOUNDATION, founded in 2024, is a small nonprofit in the Education sector that reported $175K in total revenue in fiscal year 2024. The organization ran a surplus of $104K, a strong 60% operating margin.

Mission

THE GRAYLAN SPRING FOUNDATION WAS CREATED TO HELP EMPOWER STUDENT-ATHLETES THROUGH SCHOLARSHIP OPPORTUNITIES AND TO PROVIDE VITAL FINANCIAL SUPPORT TO VARIOUS EDUCATIONAL, ATHLETIC, AND OTHER NON PROFIT ORGANIZATIONS. BY INVESTING IN STUDENTS ACADEMIC AND ATHLETIC PURSUITS, WE AIM TO FOSTER EXCELLENCE, CULTIVATE LEADERSHIP, AND UNLOCK THE FULL POTENTIAL OF PROMISING YOUNG INDIVIDUALS, ENSURING A BRIGHTER FUTURE FOR ALL. WE ARE ALSO PARTNERING WITH THE DONATE LIFE ORGANIZATIONS, LIFE GIFT AND TOSA TO BRING ORGAN DONATION EDUCATION AND AWARENESS TO YOUNG ADULT GROUPS AND BRIDGE COMMUNICATION BETWEEN ORGAN DONOR FAMILIES AND ORGAN RECIPIENTS. OUR DREAM IS TO CREATE GRAYLAN'S HOME IN CENTRAL TX TO SERVE ORGAN DONORS, ORGAN RECIPIENTS AND THEIR FAMILIES IN A COMFORTABLE, LOVING ENVIRONMENT. A PLACE WHERE FAMILIES HAVE ACCESS TO ESSENTIAL RESOURCES AND WHERE THEY FEEL CARED FOR DURING SOME OF THE HARDEST MOMENTS OF THEIR LIVES.

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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 $174,506

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $174,506

Expense Breakdown

Grants Paid $28,600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,244

Other Expenses $41,644

TOTAL EXPENSES $70,244

Year-over-Year Comparison

	2024	2023	Change
Revenue	$174,506	N/A	N/A
Expenses	$70,244	N/A	N/A
Net Income	$104,262	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

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
GARY SPRING	PRESIDENT	5.00	Officer Director	$0	$0	$0
KRISTA SPRING	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
GARRISON SPRING	BOARD MEMBER	1.00	Director	$0	$0	$0
GRANT SPRING	BOARD MEMBER	1.00	Director	$0	$0	$0
TY GIPSON	BOARD MEMBER	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	$174,506	$70,244	$104,362	$104,262

GRAYLAN SPRING FOUNDATION