Education Foundation For Waxahachie Independent School District
- Assets
- $1.5m
- Revenue
- $219.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Waxahachie, TX
- Founding
- 03/2001
- Data as of
- 06/2021
- EIN
- 75-2804872
Organization Overview
Education Foundation For Waxahachie Independent School District is located in Waxahachie, TX. The organization was established in 2001. 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. Education Foundation For Waxahachie Independent School District 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 06/2021, Education Foundation For Waxahachie Independent School District generated $219.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $99.6k during the year ending 06/2021. While expenses have increased by 8.7% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE EDUCATION FOUNDATION FOR WISD IS TO ENHANCE THE QUALITY OF EDUCATIONAL OPPORTUNITIES IN THE WAXAHACHIE INDEPENDENT SCHOOL DISTRICT.
Describe the Organization's Program Activity:
24 WISD STUDENTS WERE AWARDED SCHOLARSHIPS TO A SCHOOL OF THEIR CHOICE.
DUAL CREDIT SCHOLARSHIPS WITH NAVARRO COMMUNITY COLLEGE FOR WISD STUDENTS. THE STUDENTS ATTEND CLASSES AT THE COLLEGE AND RECEIVE CREDITS TOWARD GRADUATION FOR HIGH SCHOOL PLUS THEY GET COLLEGE LEVEL CREDIT. THIS PROGRAM ALLOWS THE STUDENT TO GET A HEADSTART ON HIS/HER COLLEGE DEGREE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Cearnal Secretary | OfficerTrustee | $0 | |
Ashley Coker Treasurer | OfficerTrustee | $0 | |
Mark Miller President | OfficerTrustee | $0 | |
Jenny Seymore Treasurer | OfficerTrustee | $0 | |
Jenny Bridges Director | Officer | $0 | |
Matt Authier Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,553 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,606 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,159 |
| Total Program Service Revenue | $0 |
| Investment income | $27,618 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,493 |
| Net Income from Fundraising Events | $19,699 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $219,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,660 |
| Grants and other assistance to domestic individuals. | $40,795 |
| 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 | $3,721 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $285 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $435 |
| Advertising and promotion | $0 |
| Office expenses | $159 |
| Information technology | $576 |
| 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 | $160 |
| All other expenses | $137 |
| Total functional expenses | $99,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,608 |
| Savings and temporary cash investments | $210,792 |
| 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 | $1,218,029 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,481,429 |
| Accounts payable and accrued expenses | $230 |
| 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 | $230 |
| 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 | $1,481,199 |
| Total liabilities and net assets/fund balances | $1,481,429 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Education Foundation For Waxahachie Independent School District has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $15,879 |
| Earnings | $578 |
| Net Contributions | $100 |
| Ending Balance | $13,344 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
Prime Time Family Reading New Orleans, LA | $2,481,247 | $6,549,424 |
Education Explosion Inc Baker, LA | $3,387,408 | $6,209,452 |
Voices For International Business & Education New Orleans, LA | $1,902,428 | $5,951,946 |
Etoile Academy Inc Houston, TX | $2,573,808 | $5,883,620 |
New Harmony High Institute New Orleans, LA | $1,996,548 | $5,610,284 |
Military Child Education Coalition Harker Heights, TX | $6,140,350 | $5,465,569 |