Texas Future Problem Solving Program

Nonprofit profile at a glance

EIN
862992356
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Plano, TX, USA
Phone
9723225818
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$69,752
Expenses
$67,053
Assets
$53,702
Liabilities
$106

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • ISRAEL GARZA (PRESIDENT/ASSISTANT ED)
  • LISA QUINTANA (EXECUTIVE DIRECTOR)
  • LINDA HUTTO (VICE PRESIDENT)

People named in this filing

  • LEZLIE PINTO (BOARD MEMBER)
  • SANDRA STROM (BOARD MEMBER)
  • PAMELA JOHNSON (BOARD MEMBER)

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

Prepare students 4 - 12th grade to be successul leaders through problem solving, critical thinking, creativity, and communication strategies.

What it reported doing in 2024

Conducted state bowl competition with nearly 800 student participants from 48 schools, over 150 chaperones and volunteers and 1,500 attendees. Students utilized a problem solving process to solve important issues on a given global topic.

Operating model

Revenue model
Earned-program. 97% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.9%; rating input score 82
  • Program expense ratio: 85.2%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 3.9%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 10.2% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: -0% per year; rating input score 0; 51st percentile among comparable filings
  • Asset growth: 10.4% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 81.9% of revenue deployed · 85.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $57K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.