Form 990 for tax year 2024
Filed by LEWISVILLE EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $1,324,975
- Total expenses
- $1,090,505
- Contributions and grants received
- $1,061,488
- Grants paid
- $451,011
- Program service revenue
- $0
- Investment income
- $281,915
- Other revenue
- -$18,428
- Total assets, end of year
- $6,095,549
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $6,095,549
- Program services expenses (Part IX)
- $919,888
- Management and general expenses
- $156,520
- Fundraising expenses
- $14,097
- Program service expenses (Part III)
- $919,888
Program services were 84.4% 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
$1,061,488
-
3 · Investment income
total $85,011 · related or exempt $85,011
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $1,450,551
-
7b · Less cost or other basis and sales expenses
securities $1,253,647
-
7c · Gain or loss
securities $196,904
-
7d · Net gain or loss
total $196,904 · excluded $196,904
-
8a · Fundraising events: gross income
$134,352
-
8b · Fundraising events: direct expenses
$164,384
-
8c · Net income from fundraising events
total -$30,032
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Scholarship Admin Fees
total $11,604 · related or exempt $11,604
-
11e · Other revenue, total
$11,604
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $451,011 · program services $451,011
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $112,228 · program services $73,216 · management and general $39,012
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $139,484 · program services $92,123 · management and general $47,361
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $28,144 · management and general $28,144
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $17,602 · management and general $17,602
-
13 · Office expenses
total $0
-
14 · Information technology
total $5,817 · management and general $2,220 · fundraising $3,597
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $4,667 · management and general $4,667
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,571 · management and general $1,571
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $3,104 · management and general $3,104
-
24a · Other expenses: One Time Programs
total $237,624 · program services $237,624
-
24b · Other expenses: Back to School Fair
total $39,931 · program services $39,931
-
24c · Other expenses: Supplies
total $10,612 · program services $5,547 · management and general $5,065
-
24d · Other expenses: Employee Giving Campaign
total $10,500 · fundraising $10,500
-
24e · All other expenses
total $28,210 · program services $20,436 · management and general $7,774
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $482,753 · end of year $795,181
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $15,701 · end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $31,823 · end of year $9,767
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $5,098,871 · end of year $5,290,601
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $763,758 · end of year $669,383
-
28 · Net assets with donor restrictions
beginning of year $4,865,390 · end of year $5,426,166
Mission and programs · 2024
Mission
The Lewisville Education Foundation is a nonprofit organization with the purpose of providing financial support to the Lewisville Independent School District teachers & students. This purpose is accomplished by the foundation receiving and maintaining cash.
Activities or mission (Part I)
Our mission is to enrich the quality of public education in the thirteen communities served by LISD.
-
Awarding scholarships, grants & awards.
Expenses $468,877
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $283,092 · Grants $283,092
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $142,417 · Grants $142,417
-
Awards of excellence are given to LISD employees as a way to recognize and encourage their distinction and efforts put in during the year and over their careers at LISD. There were 10 awards given to LISD counselors, nurses, administration and other outstanding employees.
Expenses $25,502 · Grants $25,502
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Randy Canivel
Executive Dir.
- Total calculated
- $64,524
- From this org
- $64,524
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Bill Lee
Executive Dir.
- Total calculated
- $41,605
- From this org
- $41,605
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Gayle Nurre
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Josh Ashford
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Sue Bowman
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Michelle Cree
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Stephen Dubner
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Russ Kerbow
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Mary Jennings
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Jerri Faulds
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Alex Buck
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Andy Eads
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Mertis La Velle
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Terry Allen
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Mary Jacoby
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Damion Robertson
Vice President
- Total calculated
- $0
- Hours/week
- 0
-
Pamela Nelson
Vice President
- Total calculated
- $0
- Hours/week
- 0
-
Kathy Hodges
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Ray David
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Elizabeth Haas
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Brett Holzle
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Sherral Knighton
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Lois Kim
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
David Peerson
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Lindsay Polyak
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Allison Stamey
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Jennifer Webb
Trustee
- Total calculated
- $0
- Hours/week
- 0
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Lewisville Independent School District
170 C1 · Independent School District · TX
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513189349304531
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