Kerrville Public School Foundation
- Assets
- $1.2m
- Revenue
- $360.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Kerrville, TX
- Founding
- 11/1989
- Data as of
- 08/2023
- EIN
- 74-2513416
Organization Overview
Kerrville Public School Foundation is located in Kerrville, TX. The organization was established in 1989. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 08/2023, Kerrville Public School Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kerrville Public School 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 08/2023, Kerrville Public School Foundation generated $360.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $396.8k during the year ending 08/2023. 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
TO SERVE AS A CATALYST FOR INVOLVING THE COMMUNITY IN THE ENHANCEMENT AND ACHIEVEMENT OF ACADEMIC EXCELLENCE FOR CHILDREN OF KERRVILLE ISD BY PROVIDING FINANCIAL ASSISTANCE NOT AVAILABLE THROUGH STATE OR LOCAL AGENCIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL GRANTS
KPFS HAS BEEN ENGAGED IN PROMOTING THE SUCCESS AND ACHIEVEMENT OF KERRVILLE'S HARDEST WORKING STUDENTS BY PROVIDING SCHOLARSHIPS
KPFS SUPPORTS 'STEM' PROGRAMS WITHIN KISD BY PROVIDING ANNUALLY A SCIENCE CHAIR STIPEND THIS LEADER GIVES DIRECTION, ALIGNMENT, AND SUPPORT FOR KISD SCIENCE TEACHERS TO INSURE ALL SCIENCE CURRICULUM OBJECTIVES ARE MET PROVIDE FUNDS FOR TEACHER OF THE YEAR AWARDS INSTANT IMPACT GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katrina Fineske President | OfficerTrustee | $0 | |
Erin Wofford VP Programs | OfficerTrustee | $0 | |
Lindsay Byerly VP Of Develo | OfficerTrustee | $0 | |
Stephanie Herman VP Of Admini | OfficerTrustee | $0 | |
Lindsay Eastland VP Community | OfficerTrustee | $0 | |
Amy Dozier Treasurer | OfficerTrustee | $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 | $313,453 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $313,453 |
| Total Program Service Revenue | $0 |
| Investment income | $39,431 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,711 |
| Net Income from Fundraising Events | -$4,396 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $360,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $312,126 |
| Grants and other assistance to domestic individuals. | $33,500 |
| 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 | $29,440 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,252 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,207 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,473 |
| Office expenses | $2,262 |
| Information technology | $3,849 |
| 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 | $381 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,640 |
| All other expenses | $0 |
| Total functional expenses | $396,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,847 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,833 |
| 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 | $1,155,716 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,196,396 |
| Accounts payable and accrued expenses | $1,411 |
| 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 | $1,411 |
| Net assets without donor restrictions | $891,355 |
| Net assets with donor restrictions | $303,630 |
| 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 | $1,196,396 |
Grants Awarded
Over the last fiscal year, Kerrville Public School Foundation has awarded $312,126 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KERRVILLE ISDKERRVILLE ISD | | | $235,183 |
KERRVILLE ISDKERRVILLE ISD | | | $76,943 |