FWSSS SCHOLARSHIPS INC

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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

CHRISTIAN SCHRODER

Phone

8177646060

Tax Period

2024-07-09 to 2025-06-30

FWSSS SCHOLARSHIPS INC, founded in 2024, is a community nonprofit in the Education sector that reported $5.5M in total revenue in fiscal year 2024. The organization ran a surplus of $5.5M, a strong 100% operating margin.

Mission

TO HOLD AND ADMINISTER THE ASSETS OF THE JAMES M. NORMAN SCHOLARSHIP FUND IN SUPPORT OF THE FORT WORTH STOCK SHOW SYNDICATE WHICH WORKS TO PROVIDE MEANS FOR AGRICULTURAL YOUTH TO FURTHER THEIR EDUCATIONAL AND VOCATIONAL OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

THE JAMES M. "JIM BOB" NORMAN SCHOLARSHIP FUND GRANTS FUNDS FOR SCHOLARSHIPS EACH YEAR (LIMITED TO EIGHT SEMESTERS PER SCHOLARSHIP) THROUGH THE TEXAS 4-H YOUTH DEVELOPMENT FOUNDATION AND THE TEXAS...

THE JAMES M. "JIM BOB" NORMAN SCHOLARSHIP FUND GRANTS FUNDS FOR SCHOLARSHIPS EACH YEAR (LIMITED TO EIGHT SEMESTERS PER SCHOLARSHIP) THROUGH THE TEXAS 4-H YOUTH DEVELOPMENT FOUNDATION AND THE TEXAS FFA FOUNDATION. THESE TWO ORGANIZATIONS CHOOSE THE RECIPIENTS FOR THESE SCHOLARSHIPS.

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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 $5,391,381

Program Service Revenue $0

Investment Income $86,429

Other Revenue $0

TOTAL REVENUE $5,477,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $13,134

TOTAL EXPENSES $13,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,477,810	N/A	N/A
Expenses	$13,134	N/A	N/A
Net Income	$5,464,676	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
DOUG CASSIDY	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JC JOHNSON	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
CHRISTIAN SCHRODER	BOARD MEMBER	1.00	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
2025	$5,477,810	$13,134	$3,930,454	$5,464,676