Texas Foundation for Health Physical Education and Recreation
Nonprofit profile at a glance
- EIN
- 746067257
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Round Rock, TX, USA
- Phone
- 5124591290
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $8,417
- Expenses
- $2,028
- Assets
- $201,063
- Liabilities
- $10,989
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- RACHEL NAYLOR (EXECUTIVE DIRECTOR)
Highest reported compensation
- RACHEL NAYLOR (EXECUTIVE DIRECTOR): $125,596 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 foundation is organized for education by providing scholarships for students studying in the fields of health, physical education, recreation, and dance.
What it reported doing in 2024
Selected individuals to receive the tahperd student scholarships and oversee and manage the invested funds of the foundation.
Operating model
- Revenue model
- Investment-supported. 61% of the money available for current operations came from recurring investment income.
- 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 62
- Accountability: 83
- Sustainability: 75
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.5%; rating input score 0
- Program expense ratio: 5.2%; rating input score 5
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 27th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 75.9%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 99.14; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 1,262.1%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: -13.8% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 0.5% of revenue deployed · 5.2% of spending went to programs
- Governance: 8 of 9 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $105 in reported program spending
- Leadership: top reported pay $126K · 9 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 10 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 5/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.