Spring Branch Education Foundation

Organization Overview

Spring Branch Education Foundation is located in Houston, TX. The organization was established in 1993. 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. Spring Branch 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 06/2021, Spring Branch Education Foundation generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. While expenses have increased by 8.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SPRING BRANCH EDUCATION FOUNDATION WAS ESTABLISHED FOR THE PURPOSE OF RECEIVING AND DISBURSING FUNDS, PROPERTY, AND GIFTS EXCLUSIVELY FOR THE BENEFIT OF THE SPRING BRANCH INDEPENDENT SCHOOL DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO IMPROVE COMMUNITY OF SPRING BRANCH INDEPENDENT SCHOOL DISTRICT THROUGH VARIOUS PROGRAMS SUCH AS COMMUNITY NETWORK, STUDENT LEADERSHIP AND MENTORING ACTIVITIES.


FINE ARTS PROGRAMS: TO PROVIDE BENEFITS TO STUDENTS OF SPRING BRANCH INDEPENDENT SCHOOL DISTRICT BY SPONSORING VARIOUS FINE ARTS PROGRAMS SUCH AS ART PARTNERS AND ALTHARETTA YEARGIN ART MUSEUM.


STAFF DEVELOPMENT AND INSTRUCTIONAL PROGRAMS: TO IMPROVE STAFF AND STUDENTS OF SPRING BRANCH INDEPENDENT SCHOOL DISTRICT THROUGH VARIOUS PROGRAMS SUCH AS DESIGNING AND DELIVERING INSTRUCTION, VOLUNTEERS IN LITERACY AND PROFESSIONAL DEVELOPMENT.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,074,177
Investment income $14,737
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,722
Net Income from Fundraising Events $141,929
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,254,462

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