Dalhart Education Foundation Inc
- Assets
- $6.5m
- Revenue
- $44.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Dalhart, TX
- Founding
- 04/2007
- Data as of
- 12/2022
- EIN
- 20-8087740
Organization Overview
Dalhart Education Foundation Inc is located in Dalhart, TX. The organization was established in 2007. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Dalhart 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 12/2022, Dalhart Education Foundation Inc generated $44.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $284.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dalhart Education Foundation Inc has awarded 11 individual grants totaling $578,523. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE AND DISBURSE FUNDS, PROPERTY, AND GIFTS OF ANY KIND EXCLUSIVELY TO BENEFIT EDUCATIONAL OBJECTIVES IN THE DALHART, TEXAS AREA AND TO PROVIDE EDUCATIONAL OPPORTUNITIES TO SCHOOLS AND THE COMMUNITY THAT ARE NOT INCLUDED IN THE NORMAL EDUCATIONAL PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DALHART AREA RESIDENTS WITH EDUCATIONAL, RECREATIONAL, AND INFORMATIONAL PROGRAMS TO ENRICH LIVES IN THE COMMUNITY.
GRANTS TO FRANK PHILIPS COLLEGE DALHART CAMPUS & DALHART INDEPENDENT SCHOOL DISTRICT FOR FF&E. TO IMPROVE THE FACILITIES AND CLASSROOMS TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS AND ENHANCE LIVES IN THE COMMUNITY. GRANTS TO FRANK PHILIPS COLLEGE DALHART CAMPUS TO FUND SCHOLARSHIPS FOR THE ATTENDANCE OF COURSES OFFERED AT FPC FOR THE ENHANCEMENT OF THE COMMUNITY.
GED CLASSES & TESTING - TO PROVIDE GED PREPARATION CLASSES TO THE COMMUNITY. PROVIDING EDUCATIONAL OPPORTUNITES TO STUDENTS TO ENHANCE THEIR TRAINING AND SKILLS AND ENHANCE LIVES IN THE COMMUNITY.
COMMUNICATION - LANGUAGE COURSES. (1)ESL (ENGLISH AS A SECOND LANGUAGE) PROGRAM IN COLLABORATION WITH DALHART ISD WHICH PROVIDES EDUCATIONAL OPPORTUNITIES TO STUDENTS THAT ARE NOT PART OF THE NORMAL REQUIRED EDUCATIONAL CURRICULUM. (2)SPANISH (NON ESL) CLASSES TO PROVIDE BUSINESSES & THE COMMUNITY EDUCATION OPPORTUNITIES TO ENHANCE THIER TRAINING AND SKILLS AND ENHANCE LIVES IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Caddell Director | Trustee | 1 | $0 |
Justin Moore Director | Trustee | 1 | $0 |
Joe Alcorta Director | Trustee | 1 | $0 |
Wes Ritchey Director | Trustee | 1 | $0 |
Ronnie Gordon Director | Trustee | 1 | $0 |
Kay Bezner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,485 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,710 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,195 |
| Total Program Service Revenue | $12,510 |
| Investment income | $176 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,881 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,209 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $192,505 |
| Insurance | $1,358 |
| All other expenses | $0 |
| Total functional expenses | $284,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $566,134 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,911,141 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,477,275 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $24,624 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,624 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $6,452,651 |
| Total liabilities and net assets/fund balances | $6,477,275 |
Grants Awarded
Over the last fiscal year, Dalhart Education Foundation Inc has awarded $81,949 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DALHART ISD PURPOSE: GRANTS TO FUND SCHOLARSHIPS FOR ATTENDANCE OF THE EDUCATION COURSES PROVIDED BY FPC INCLUDING DUAL CREDIT COURSES FOR THE ENHANCEMENT OF THE COMMUNITY. | $9,029 |
FRANK PHILLIPS COLLEGE PURPOSE: GRANT TO FUND SCHOLARSHIPS FOR ATTENDANCE OF THE EDUCATION COURSES PROVIDED BY FPC FOR THE ENHANCEMENT OF THE COMMUNITY. | $72,920 |