Texas Tranquility Estates

Nonprofit profile at a glance

EIN
841939789
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Spring, TX, USA
Phone
8324223725
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs
Affiliation
Christianity

Official website

Reported finances

Revenue
$350,844
Expenses
$458,218
Assets
$65,910
Liabilities
$117,518

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

Leadership & pay

3 people listed

Executive titles in this filing

  • TINA EGNAS (PRESIDENT)

Highest reported compensation

  • TERRY EGANS (VICE PRESIDE): $107,000 total reported compensation
  • TINA EGNAS (PRESIDENT): $47,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Texas tranquility estates is a general residential operation center committed to providing a safe loving and nurturing christian home environment that will provoke change in the lives of young girls by teaching them the mental discipline, along.

What it reported doing in 2024

Program 3 road map to success program many children will greatly benefit from our "road map to success" program, offered through our inspire me 2 be great foundation. Our success team made up of educators, entrepreneurs, and professionals take the time to interview and evaluate each child. After determining their desires, gifts, and talents we will show them how to establish a step by step plan to help them accomplish their goals. This will be their own personal road map to success along their journey in life. Our success team is committed to mentoring them, while holding them accountable to the goals they have established. We provide the lessons, examples, and experiences to help them accomplish each task while developing and learning the following tools.

Operating model

Revenue model
Earned-program. 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 8
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98%; rating input score 98
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -30.6%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 1.78; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 33.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 5.8% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: -16.1% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -46.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 98% of revenue deployed · 75% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $344K in reported program spending
  • Leadership: top reported pay $107K · 3 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.