Texarkana Special Education Center
Nonprofit profile at a glance
- EIN
- 716060131
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Texarkana, TX, USA
- Phone
- 9037912270
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Centers to Support the Independence of Specific Populations
Reported finances
- Revenue
- $5,858,540
- Expenses
- $4,685,569
- Assets
- $12,004,941
- Liabilities
- $445,847
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Brandon Washington (Vice President)
- Martha Norton (President)
- Megan Schroeder (Past President)
- Brad Bailey (CEO)
Highest reported compensation
- Kathaleen Sanders (CFO): $84,912 total reported compensation
- Brad Bailey (CEO): $70,760 total reported compensation
- Corie Woodman (Chief Development OFFICER): $67,223 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The board of directors is dedicated to meeting the needs and respecting the rights of the individual served. They are responsible for strengthening, improving, and expanding developmental and support services to serve individuals in our community.
What it reported doing in 2024
Adult services - day program for adults with intellectual and developmental disabilities. This program offers career development and job coaching, life skills training, and continued learning opportunities.
Operating model
- Revenue model
- Other-operating. 82% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 95
- Accountability: 95
- Sustainability: 70
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.4%; rating input score 78
- Program expense ratio: 82.3%; rating input score 82
- Fundraising efficiency: $3.17 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 20%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 2.56; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 7.3%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: -4.2% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -1.6% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
Details
- Where the money goes: 78.4% of revenue deployed · 82.3% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $3.9M in reported program spending
- Leadership: top reported pay $85K · 20 people listed
- Highest-paid contractors: 3 contractors listed · $1.2M reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.