Texas Head Start Association Inc

Nonprofit profile at a glance

EIN
742421383
IRS 990 coverage
2014–2017
Forms available
Form 990 2017
Location
Dallas, TX, USA
Phone
9722826455
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Kindergarten, Preschool, Nursery School, Early Admissions

Reported finances

Revenue
$134,371
Expenses
$108,705
Assets
$334,629
Liabilities
$800

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • WELDON T BEARD (BOARD PRESIDENT)
  • PATRICK SANDERS (BOARD VICE PRESIDENT)

People named in this filing

  • WELDON T BEARD (BOARD PRESIDENT)
  • PATRICK SANDERS (BOARD VICE PRESIDENT)
  • KENNETH GILBERT (BOARD TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promotion of education, assistance training for head start organizations.

What it reported doing in 2017

To promote and advocate for the association for the general well being of the children and their workers.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - 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 some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.2%; rating input score 59
  • Program expense ratio: 67.8%; rating input score 68
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 19.1%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 3.08; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 40% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 26% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 59.2% of revenue deployed · 67.8% of spending went to programs
  • Governance: 27 of 27 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $74K in reported program spending
  • Leadership: top reported pay $0 · 27 people listed
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2014 to 2017
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.