Beaumont Public Schools Foundation Inc
- Assets
- $608.5k
- Revenue
- $43.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Beaumont, TX
- Founding
- 10/1997
- Data as of
- 03/2019
- EIN
- 76-0402023
Organization Overview
Beaumont Public Schools Foundation Inc is located in Beaumont, TX. The organization was established in 1997. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaumont Public Schools 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 03/2019, Beaumont Public Schools Foundation Inc generated $43.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $51.5k during the year ending 03/2019. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE FOR SUCH ACTIVITIES THAT ENHANCE TEACHING AND LEARNING IN THE BEAUMONT INDEPENDENT SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED ASSISTANCE TO TEACHING STAFF AND STUDENTS IN THE FORM OF SUPPLIES AND EQUIPMENT FOR SUCH ACTIVITIES THAT ENHANCE TEACHING AND LEARNING IN THE BEAUMONT INDEPENDENT SCHOOL DISTRICT THAT ARE NOT TRADITIONALLY PROVIDED BY THE DISTRICT.
AWARDED THREE SCHOLARSHIPS TO QUALIFYING BEAUMONT INDEPENDENT SCHOOL DISTRICT STUDENTS TOTALING 2,000. IT IS THE GOAL OF THE FOUNDATION TO CONTINUE TO INCREASE THE NUMBER AND AMOUNTS OF SCHOLARSHIPS AWARDED.
SUPPORTIVE EXPENSES FOR OPERATIONS OF GRANT AND SCHOLARSHIP ADMINISTRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Cross Treasurer | OfficerTrustee | $0 | |
Joy James Vice Preside | OfficerTrustee | $0 | |
Sal Guerrero President | OfficerTrustee | $0 | |
Stephanie Spiller Secretary | OfficerTrustee | $0 | |
Virtue Alexander Director | Trustee | $0 | |
Raymond Ambres Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,436 |
| Investment income | $5,799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,879 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,114 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $17,922 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $26,479 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,236 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,011 |
| 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 | $2,004 |
| All other expenses | $0 |
| Total functional expenses | $51,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,688 |
| Savings and temporary cash investments | $495,786 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $608,474 |
| Accounts payable and accrued expenses | $0 |
| 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 | $8,683 |
| Total liabilities | $8,683 |
| 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 |
| Total liabilities and net assets/fund balances | $599,791 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beaumont Public Schools Foundation Inc has recieved totaling $39.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas State Council On Economic Education Little Rock, AR | $851,253 | $993,502 |
Free Enterprise Institute Houston, TX | $707,947 | $285,157 |
The Junior Achievement Of Greater New Orleans Education Foundation I New Orleans, LA | $3,828,672 | $327,064 |
Junior Achievement Of Central Texas Inc Austin, TX | $0 | $225,479 |
St Anthonys Endowment Fund Harlingen, TX | $1,382,102 | $84,561 |
Boss Club Foundation Mansfield, TX | $49,273 | $0 |
Great Dallas Taiwanese Chamber Of Commerce Plano, TX | $21,433 | $0 |
Banquet Table San Antonio, TX | $229 | $0 |
Beaumont Public Schools Foundation Inc Beaumont, TX | $608,474 | $43,114 |
West Texas Lemonade Day Lubbock, TX | $94,598 | $0 |
Tbk Pine Bluff, AR | $4,702 | $0 |
Wilson County Livestock Show Association Floresville, TX | $72,740 | $0 |