Sanger Education Foundation Inc

Organization Overview

Sanger Education Foundation Inc is located in Sanger, TX. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanger Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2021, Sanger Education Foundation Inc generated $408.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $140.4k during the year ending 08/2021. While expenses have increased by 4.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPLEMENTAL SUPPORT OF SANGER INDEPENDENT SCHOOL DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTIONAL INITIATIVES


DISTRICT CTE PROGRAM SUPPORT


STUDENT SCHOLARSHIPS - SCHOLARSHIPS FOR OUTGOING SENIOR STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Valerie Foster
Executive Dir.
$36,000
Jodie Miller
Director-Vp
$0
Guy Jones
Director-Vp
$0
Carol Danner
Director-Vp
$0
Gary Bilyeu
Director-Vp
$0
Brad Isbell
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$12,818
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$188,322
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$201,140
Total Program Service Revenue$139,800
Investment income $16,321
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $35,347
Net Income from Fundraising Events $8,050
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $408,158

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Sanger Education Foundation Inc has recieved totaling $15,164.

Awarding OrganizationAmount
Coserv Charitable Foundation

Corinth, TX

PURPOSE: STUDENT SCHOLARSHIPS/TEACHER GRANTS

$15,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$164
View Grant Recipient Profile

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