Cleburne Isd Education Foundation
- Assets
- $351.8k
- Revenue
- $272.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Cleburne, TX
- Founding
- 01/2012
- Data as of
- 12/2023
- EIN
- 37-1642889
Organization Overview
Cleburne Isd Education Foundation is located in Cleburne, TX. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Cleburne Isd Education Foundation 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 12/2023, Cleburne Isd Education Foundation generated $272.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $209.2k during the year ending 12/2023. While expenses have increased by 11.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS CORPORATION IS ORGANIZES EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SPRCIFIED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SPECIFIC OBJECTIVE AND PURPOSES OF THIS CORPORATION SHALL BE TO ENHANCE THE LEARNING OPPORTUNITIES FOR THE STUDENTS AND TEACHERS OF THE CLEBURNE INDEPENDENT SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021-2022 INNOVATIVE GRANTS TO ENHANCE LEARNING
DISCRETIONARY GRANTS FOR SCHOLSHIPS, ACTIVITIES, RECOGNITION, AND GIVING CAMPAIGN
CAMPUS GRANTS TO SUPPORT PROFESSIONAL DEVELOPMENT FOR CLEBURNE ISD TEACHERS AND CAMPUSES TO ENHANCE LEARNING FOR ALL STUDENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Bishop Member | Trustee | 2 | $0 |
Dr Juanita Reyes Member | Trustee | 2 | $0 |
Amy Tennison Secretary | Trustee | 2 | $0 |
Aaron Keen President | OfficerTrustee | 3 | $0 |
Brad Marshall President | OfficerTrustee | 5 | $0 |
Trina Cody Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $124,575 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,575 |
| Total Program Service Revenue | $0 |
| Investment income | $8,441 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $139,009 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $272,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $116,347 |
| 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. | $58,104 |
| Compensation of current officers, directors, key employees. | $58,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,255 |
| Office expenses | $987 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,597 |
| All other expenses | $7,302 |
| Total functional expenses | $209,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $351,757 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $351,757 |
| Accounts payable and accrued expenses | $3,702 |
| Grants payable | $0 |
| 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 | $3,702 |
| Net assets without donor restrictions | $203,774 |
| Net assets with donor restrictions | $144,281 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $351,757 |