Marshall Education Foundation Inc
- Assets
- $92.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marshall, TX
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 45-3917232
Organization Overview
Marshall Education Foundation Inc is located in Marshall, TX. The organization was established in 2014. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Marshall 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 12/2021, Marshall Education Foundation Inc generated $103.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $101.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DURING THIS PAST YEAR THE FOUNDATION AWARDED TEACHERS GRANTS TO THE FOLLOWING SCHOOLS AT MARSHALL I.S.D.: DAEP, DAVID CROCKETT ELEMENTARY, LITTLE MAV ACADEMY, MARSHALL EARLY CHILDHOOD CENTER, MARSHALL EARLY GRAD SCHOOL, PRICE T. YOUNG MIDDLE SCHOOL, MARSHALL HIGH SCHOOL, SAM HOUSTON ELEMENTARY SCHOOL, MARSHALL JUNIOR HIGH, AND WILLIAM B. TRAVIS ELEMENTARY SCHOOL. THE FOUNDATION ALSO SPONSORED A MASTER TEACHER PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Palmer Treasurer | 2 | $0 | |
Christy Godwin Vice President | 2 | $0 | |
Keith Hill President | 2 | $0 | |
Nancy Fessler Director | 15 | $0 | |
Maricela Longoria Pena Secretary | 2 | $0 | |
Reggie Cooper Parliamentarian | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,638 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,498 |
| Other Revenue | $0 |
| Total Revenue | $103,174 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $561 |
| Other expenses | $25,235 |
| Total expenses | $100,998 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,691 |
| Other assets | $0 |
| Total assets | $92,691 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,691 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Marshall Education Foundation Inc has recieved totaling $3,190.
| Awarding Organization | Amount |
|---|---|
Turney Foundation Marshall, TX PURPOSE: OPERATIONS | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $190 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
Texas A & M Research Foundation College Station, TX | $17,651,760 | $64,742,890 |
Tiger Athletic Foundation Baton Rouge, LA | $492,455,521 | $67,955,012 |
Vanguard Academy Pharr, TX | $58,411,993 | $65,696,988 |
Southwestern Medical Foundation Dallas, TX | $1,318,497,986 | $133,001,887 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
L S U Foundation Baton Rouge, LA | $804,249,383 | $72,730,367 |
Southeastern Louisiana Area Health Education Center Natalbany, LA | $8,364,528 | $32,019,241 |
University Of Arkansas Fayetteville Campus Foundation Inc Fayetteville, AR | $748,157,500 | $15,686,060 |
Razorback Foundation Inc Fayetteville, AR | $72,537,377 | $26,130,749 |