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Nonprofiteer
← GEORGETOWN ISD EDUCATION FOUNDATION

Form 990 for tax year 2022

Filed by GEORGETOWN ISD EDUCATION FOUNDATION.

Totals

Total revenue
$265,751
Total expenses
$302,405
Contributions and grants received
$175,648
Grants paid
$255,608
Program service revenue
$0
Investment income
$81
Other revenue
$90,022
Total assets, end of year
$857,727
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$857,727
Program services expenses (Part IX)
$255,608
Management and general expenses
$46,797
Fundraising expenses
$0
Program service expenses (Part III)
$255,608

Program services were 84.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $175,648

  • 3 · Investment income

    total $81 · excluded $81

  • 8a · Fundraising events: gross income

    $113,150

  • 8b · Fundraising events: direct expenses

    $23,128

  • 8c · Net income from fundraising events

    total $90,022 · excluded $90,022

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $255,608 · program services $255,608

  • 12 · Advertising and promotion

    total $1,248 · management and general $1,248

  • 13 · Office expenses

    total $27 · management and general $27

  • 16 · Occupancy

    total $7,660 · management and general $7,660

  • 19 · Conferences, conventions and meetings

    total $43 · management and general $43

  • 23 · Insurance

    total $1,249 · management and general $1,249

  • 24a · Other expenses: PAYROLL EXPENSE

    total $32,010 · management and general $32,010

  • 24b · Other expenses: OTHER EXPENSES

    total $2,825 · management and general $2,825

  • 24c · Other expenses: WEBSITE EXPENSE

    total $926 · management and general $926

  • 24d · Other expenses: PAYPAL FEES

    total $567 · management and general $567

  • 24e · All other expenses

    total $242 · management and general $242

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $550,813 · end of year $463,740

  • 2 · Savings and temporary cash investments

    end of year $50,419

  • 10a · Land, buildings and equipment: cost or other basis

    $343,568

  • 10c · Land, buildings and equipment, net

    beginning of year $343,568 · end of year $343,568

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $343,568 · end of year $343,568

  • 31 · Retained earnings, endowment or other funds

    beginning of year $550,813 · end of year $514,159

Mission and programs · 2022

Mission

THE MISSION OF THE GEORGETOWN ISD EDUCATION FOUNDATION IS TO ENGAGE THE COMMUNITY IN FINANCIAL SUPPORT OF A LEARNING ENVIRONMENT WHERE INNOVATION, CUSTOMIZED ACADEMIC OPPORTUNITIES, AND INDIVIDUAL SUCCESS ARE ATTAINABLE FOR ALL GISD STUDENTS.

Activities or mission (Part I)

THE ORGANIZATION'S PRIMARY PURPOSE IS TO GENERATE AND PROVIDE RESOURCES TO ENHANCE AND EXPAND PROGRAMS THAT ARE NECESSARY FOR THE SCHOOL DISTRICT TO BE THE STANDARD OF EXCELLENCE IN EDUCATION.

  • THE FOUNDATION PROVIDES FUNDS FOR EDUCATIONAL PROGRAMS AND ACTIVITIES WHICH EITHER HAVE BEEN UNDERFUNDED OR NOT FUNDED BY THE SCHOOL DISTRICT'S NORMAL OPERATIONS. GRANTS AND AWARDS ARE GIVEN TO TEACHERS OF GEORGETOWN ISD.

    Expenses $245,248 · Grants $245,248 · Revenue $156,948

  • THE FOUNDATION PROVIDES BACK TO SCHOOL FOLDERS AND CAR TAGS FOR GEORGETOWN ISD STUDENTS.

    Expenses $10,360 · Grants $10,360 · Revenue $18,700

As filed on the 2022 return.

Listed in Part VII

  • Andy Webb

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Anne Hoke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marissa Austin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Georgia Medler

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth McFarland

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Corey Ryan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jensen Young

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lisa Dyer

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Dustin Seymour

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gary Sandercock

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Carl Illig

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brian Spence

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tim Carr

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Marcos Gonzalez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Susan Pike

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Suzanne Marchman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Terri Conrad

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Terri Estes

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Justin Marshall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Melinda Brasher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ty Denney

    EXECUTIVE DIRECTOR

    Total calculated
    $42,724
    From this org
    $42,724
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202401369349319280

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