Transformation Waco

Nonprofit profile at a glance

EIN
830546031
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-N 2017
Location
Waco, TX, USA
Phone
2544986002
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Charter Schools

Official website

Reported finances

Revenue
$1,846,584
Expenses
$1,733,397
Assets
$833,105
Liabilities
$586,908

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

Leadership & pay

8 people listed

Executive titles in this filing

  • JOSH CABALLERO (BOARD VICE PRESIDENT)
  • DAVID SCHLEICHER (BOARD PRESIDENT)
  • ROBIN MCDURHAM (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • ROBIN MCDURHAM (CHIEF EXECUTIVE OFFICER): $167,440 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 organization's mission is to improve and support five struggling elementary and middle campuses in waco, Texas in danger of closure.

What it reported doing in 2024

Transformation waco operated an integrated wraparound services model that included the coordination of care process, school-based mental health supports, and the transformation waco family center located within the estella maxey public housing community. During the year, 1,330 students received personalized wraparound case management connecting them and their families to healthcare, housing stabilization, food assistance, mental health counseling, and academic supports, while the family center served 155 individuals from 80 families, including 115 children, with access to early childhood programming, parenting groups, medicaid and snap enrollment assistance, mobile food pantry services, and other neighborhood-based supports designed to reduce barriers related to cost, transportation, and provider shortages; additionally, school-based clinicians provided 839 individual therapy and case management sessions and 53 group sessions, with most services delivered to elementary-aged students, improving access to trauma-informed behavioral health care in school settings.the bernard and audre rapoport vision center delivered comprehensive vision care to 512 students between september 2025 and may 2026, representing a 131 percent increase in free eye exams, and provided prescription glasses to 380 students. Of those served, 286 were pre-k through 3rd-grade students and 98 were from transformation waco campuses, with additional students from other waco isd schools, ensuring that uncorrected vision did not impede classroom learning for high-need children across the district. Transformation waco's afterschool academics served more than 130 pre-k through 6th-grade students weekly across three campuses, offering no-cost extended-day programming that provided a safe environment and access to high-impact tutoring and enrichment activities such as stem-robotics, visual arts, cooking, and dance. In summer 2025, transformation waco also launched a steam enrichment program in partnership with goodwill industries, giving students hands-on science, technology, engineering, arts, and math experiences that supported academic growth and engagement during out-of-school time.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.9%; rating input score 65
  • Program expense ratio: 69.2%; rating input score 69
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • 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: Pass

Sustainability

  • Operating margin: 6.1%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.7; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 9.7%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 49.7% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 37% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 49.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 64.9% of revenue deployed · 69.2% of spending went to programs
  • Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $167K · 8 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Total-asset coverage ratio scored 22/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.