Texas Floating Classroom Inc
Nonprofit profile at a glance
- EIN
- 464753799
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Aransas Pass, TX, USA
- Phone
- 3617174176
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $115,612
- Expenses
- $122,217
- Assets
- $5,230
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Whitney Curry (Executive Director/Captain/Educator)
People named in this filing
- Whitney Curry (Executive Director/Captain/Educator)
- Bryan Curry (Director/Captain/Educator)
- Dr Russ Miget (Director/Curriculum developer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Marine Science Education
What it reported doing in 2024
Other program services: In addition to the programs listed in lines 28, 29 and 30, Texas Floating Classroom, Inc. conducted 52 Marine Science Cruises aboard the Research Vessel Archimedes into Corpus Christi Bay, Aransas Bay, San Antonio Bay, Lavaca Bay and Tres Palacios Bay, serving a total of 733 students and 249 teachers. For 255 participants, it was their first time on a boat. Our Traveling Bay program also visited an additional 30 schools, parks, libraries and museums with our Touch Tanks, allowing 3,916 students and 456 adults to interact with live fish, crabs, shrimp and other specimens collected from (and returned to) local bays in their watersheds. The Traveling Bay educational team traveled a total of 17,588 miles throughout the year so that students who were not able to participate in Marine Science Cruises would be able to view, touch, and learn about the marine organisms that inhabit the bays into which the rainwater that falls on their communities flows, thereby connecting these future stewards of our environment to the organisms that are affected by their actions.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.9%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.7%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 19.6%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: -17.3% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: -30.8% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -77.4% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $121K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 21/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 16/100.