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Nonprofiteer
← HOLDSWORTH CENTER

Form 990 for tax year 2022

Filed by HOLDSWORTH CENTER.

Totals

Total revenue
$35,633,581
Total expenses
$34,952,492
Contributions and grants received
$32,080,589
Grants paid
$0
Program service revenue
$0
Investment income
$1,422,980
Other revenue
$2,130,012
Total assets, end of year
$206,727,937
Total liabilities, end of year
$5,757,234
Net assets or fund balances, end of year
$200,970,703
Program services expenses (Part IX)
$24,347,211
Management and general expenses
$9,882,347
Fundraising expenses
$722,934
Program service expenses (Part III)
$24,347,211

Program services were 69.7% 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

    $32,080,589

  • 1g · Noncash contributions included above

    $59,112

  • 3 · Investment income

    total $909,973 · excluded $909,973

  • 6a · Gross rents

    real property $15,040

  • 6b · Less rental expenses

    real property $22,798

  • 6c · Rental income or loss

    real property -$7,758

  • 6d · Net rental income or loss

    total -$7,758 · excluded -$7,758

  • 7a · Gross sales of assets other than inventory

    securities $10,156,597

  • 7b · Less cost or other basis and sales expenses

    securities $9,643,590

  • 7c · Gain or loss

    securities $513,007

  • 7d · Net gain or loss

    total $513,007 · excluded $513,007

  • 10a · Gross sales of inventory

    $2,484,232

  • 10b · Cost of goods sold

    $377,755

  • 10c · Net income from sales of inventory

    total $2,106,477 · unrelated business $2,106,477

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $31,293 · related or exempt $31,293

  • 11e · Other revenue, total

    $31,293

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,610,548 · program services $451,850 · management and general $970,728 · fundraising $187,970

  • 6 · Compensation of disqualified persons

    total $172,191 · program services $102,168 · management and general $61,461 · fundraising $8,562

  • 7 · Other salaries and wages

    total $6,534,288 · program services $5,009,359 · management and general $1,307,463 · fundraising $217,466

  • 8 · Pension plan contributions

    total $187,657 · program services $147,590 · management and general $35,326 · fundraising $4,741

  • 9 · Other employee benefits

    total $1,067,081 · program services $730,429 · management and general $281,668 · fundraising $54,984

  • 10 · Payroll taxes

    total $610,054 · program services $412,680 · management and general $167,124 · fundraising $30,250

  • 11b · Fees: legal

    total $226,582 · management and general $226,582

  • 11c · Fees: accounting

    total $48,020 · management and general $48,020

  • 11f · Fees: investment management

    total $64,935 · management and general $64,935

  • 11g · Fees: other

    total $10,121,115 · program services $9,454,238 · management and general $603,415 · fundraising $63,462

  • 12 · Advertising and promotion

    total $3,988 · management and general $3,581 · fundraising $407

  • 13 · Office expenses

    total $263,548 · program services $165,996 · management and general $67,868 · fundraising $29,684

  • 14 · Information technology

    total $1,197,545 · program services $817,884 · management and general $306,135 · fundraising $73,526

  • 16 · Occupancy

    total $558,670 · program services $543,527 · management and general $12,373 · fundraising $2,770

  • 17 · Travel

    total $574,918 · program services $504,468 · management and general $61,924 · fundraising $8,526

  • 19 · Conferences, conventions and meetings

    total $31,237 · program services $12,102 · management and general $19,135

  • 22 · Depreciation, depletion and amortization

    total $6,004,996 · program services $5,842,221 · management and general $132,999 · fundraising $29,776

  • 23 · Insurance

    total $65,651 · program services $59,633 · management and general $5,714 · fundraising $304

  • 24a · Other expenses: HVAC RECONSTRUCTION

    total $4,327,715 · management and general $4,327,715

  • 24b · Other expenses: ROAD IMPROVEMENT

    total $670,971 · management and general $670,971

  • 24c · Other expenses: ASSET WRITE OFF

    total $458,630 · management and general $458,630

  • 24e · All other expenses

    total $152,152 · program services $93,066 · management and general $48,580 · fundraising $10,506

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,888,690 · end of year $305,327

  • 2 · Savings and temporary cash investments

    beginning of year $2,493,212 · end of year $9,551,807

  • 3 · Pledges and grants receivable

    beginning of year $1,115,167 · end of year $627,819

  • 4 · Accounts receivable

    beginning of year $3,774 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $730,296 · end of year $949,060

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

    $179,945,087

  • 10b · Land, buildings and equipment: accumulated depreciation

    $13,129,929

  • 10c · Land, buildings and equipment, net

    beginning of year $173,539,274 · end of year $166,815,158

  • 11 · Investments: publicly traded securities

    beginning of year $26,348,221 · end of year $28,442,858

  • 15 · Other assets

    beginning of year $0 · end of year $35,908

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,540,331 · end of year $1,908,742

  • 19 · Deferred revenue

    beginning of year $0 · end of year $2,928,170

  • 25 · Other liabilities

    beginning of year $1,077,386 · end of year $920,322

  • 27 · Net assets without donor restrictions

    beginning of year $199,500,917 · end of year $200,970,703

  • 28 · Net assets with donor restrictions

    beginning of year $2,000,000 · end of year $0

Mission and programs · 2022

Mission

THE ORGANIZATION WAS ESTABLISHED TO IMPACT, OVER TIME, THE QUALITY OF PRE-K-12 PUBLIC EDUCATION FOR ALL TEXAS STUDENTS BY SUPPORTING AND DEVELOPING EDUCATIONAL LEADERS.

Activities or mission (Part I)

THE ORGANIZATION WAS ESTABLISHED TO IMPACT, OVER TIME, THE QUALITY OF PRE-K-12 PUBLIC EDUCATION FOR ALL TEXAS STUDENTS BY SUPPORTING AND DEVELOPING EDUCATIONAL LEADERS. WE STRIVE TO DELIVER LEARNING EXPERIENCES THAT SPAN ALL AREAS OF A SCHOOL LEADER'S DEVELOPMENT. AT OUR CAMPUS ON LAKE AUSTIN, WE PROVIDE LEARNING EXPERIENCES FOR DISTRICT LEADERS, CAMPUS LEADERS, AND THEIR TEAMS.

  • THE HOLDSWORTH PARTNERSHIP IS A MULTI-YEAR INVESTMENT DESIGNED TO HELP SCHOOL DISTRICTS GROW A STRONG BENCH OF OUTSTANDING LEADERS AT ALL LEVELS - WITH A FOCUS ON SITTING AND ASPIRING PRINCIPALS. THE PARTNERSHIP BEGINS WITH THE DISTRICT LEADERSHIP PROGRAM. SUPERINTENDENTS AND THEIR TEAM EMBARK ON A TWO-YEAR JOURNEY THAT INCLUDES LEARNING SESSIONS WITH SOME OF THE NATION'S TOP LEADERSHIP EXPERTS, INTENSIVE LEADERSHIP TRAINING FROM THE ORGANIZATION'S EXPERT PROGRAM TEAM, AND STUDY OF HIGH-PERFORMING ORGANIZATIONS IN AND OUTSIDE THE EDUCATION SECTOR. EXECUTIVE COACHING IS INTEGRAL TO REINFORCE ON-THE-JOB APPLICATION OF LEARNING AND TO SUPPORT CRUCIAL ISSUES IMPACTING THEIR DISTRICT. A CORNERSTONE OF THE ORGANIZATION'S MODEL, ITS DISTRICT SUPPORT TEAM EMBEDS IN PARTNER DISTRICTS THROUGHOUT THE PARTNERSHIP, WORKING TOGETHER WITH CENTRAL OFFICE LEADERS TO STRENGTHEN THEIR PRINCIPAL PIPELINE. IN YEAR TWO OF THE PARTNERSHIP, THE CAMPUS LEADERSHIP PROGRAM BEGINS. COHORTS OF SCHOOL PRINCIPALS AND THEIR TEAMS TAKE A TWO-YEAR LEARNING JOURNEY SIMILAR TO DISTRICT LEADERS. PRINCIPALS ALSO RECEIVE EXECUTIVE COACHING TO HELP THEM SET AND REACH LEADERSHIP DEVELOPMENT GOALS. CAMPUS TEAMS ALSO TACKLE A SIGNIFICANT CHALLENGE TIED TO SCHOOL CULTURE AND STUDENT OUTCOMES. ROLLED OUT IN FOUR PHASES, THE PROGRAM AIMS TO SERVE APPROXIMATELY 50% OF CAMPUSES IN EACH PARTNER DISTRICT OVER THE COURSE OF THE PARTNERSHIP. THE HOLDSWORTH LEADERSHIP COLLABORATIVE IS AN 18-MONTH PROGRAM DESIGNED TO HELP DISTRICT LEADERS BUILD A STRONG BENCH OF ASPIRING PRINCIPALS WHO ARE READY TO STEP INTO SCHOOL LEADERSHIP POSITIONS WHEN THEY ARISE. A TEAM OF THREE, THE SUPERINTENDENT AND TWO DISTRICT LEADERS, WORK WITH HOLDSWORTH STAFF TO DEFINE WHAT GREAT LEADERSHIP LOOKS LIKE IN THEIR DISTRICT AND TO DESIGN SYSTEMS AND STRUCTURES TO SUSTAIN THEIR SCHOOL LEADERSHIP PIPELINE. THE SUPERINTENDENT LEADERSHIP PROGRAM IS AN 18-MONTH PROGRAM THAT SUPPORTS SUPERINTENDENTS AS THEY NAVIGATE UNPRECEDENTED CHALLENGES WHILE SERVING IN A ROLE THAT IMPACTS EDUCATIONAL QUALITY FOR SCORES OF TEXAS STUDENTS. THE PROGRAM PROVIDES DEVELOPMENT IN THE MOST CHALLENGING, HIGH-STAKES AND HIGH-LEVERAGE ASPECTS OF THE SUPERINTENDENT'S JOB, AS WELL AS SUPPORT FROM A NETWORK OF PEERS AND EXECUTIVE COACHING FROM HOLDSWORTH'S SUPERINTENDENTS-IN-RESIDENCE.THE HOLDSWORTH CENTER'S CAMPUS ON LAKE AUSTIN SERVES AS A PERMANENT HOME FOR PUBLIC SCHOOL EDUCATORS TO DEVELOP AS LEADERS, A PLACE THEY WILL RETURN TO TIME AND AGAIN TO GROW, LEARN, COLLABORATE, REFLECT AND GATHER INSPIRATION TO TAKE BACK TO THEIR DISTRICTS.

    Expenses $24,347,211

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dr Shari Albright

    DIRECTOR

    Total calculated
    $485,633
    From this org
    $0
    From related orgs
    $457,569
    Other
    $28,064
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $454,401 related
    Bonus
    $0
    Other
    $0 + $3,168 related
    Deferred
    $0 + $11,750 related
    Nontaxable benefits
    $0 + $16,314 related
    Filer's total
    $0 + $485,633 related

  • Dr Lindsay Whorton

    PRESIDENT/DIRECTOR

    Total calculated
    $438,165
    From this org
    $363,935
    From related orgs
    $0
    Other
    $74,230
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $363,593
    Bonus
    $0
    Other
    $342
    Deferred
    $45,250
    Nontaxable benefits
    $28,980
    Filer's total
    $438,165

  • Elisa Villanueva Beard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bruce Esterline

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Robert M Gates

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wallace B Jefferson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elaine Mendoza

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ellen Moir

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Armando Perez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Nolan Perez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Postl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Ruth Simmons

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ann Stern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Guillermo Trevino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Marta Tienda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Charles Clines

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8 + 13 related

  • Robert S Kaplan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Pauline Dow

    VICE PRESIDENT

    Total calculated
    $286,992
    From this org
    $259,275
    From related orgs
    $0
    Other
    $27,717
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $257,608
    Bonus
    $0
    Other
    $1,667
    Deferred
    $10,494
    Nontaxable benefits
    $17,223
    Filer's total
    $286,992

  • Bryan Rubio

    SECRETARY & DIRECTOR OF DEVELOPMENT

    Total calculated
    $183,262
    From this org
    $175,128
    From related orgs
    $0
    Other
    $8,134
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,904
    Bonus
    $0
    Other
    $224
    Deferred
    $7,005
    Nontaxable benefits
    $1,129
    Filer's total
    $183,262

  • Kelli Green

    TREASURER & CFO

    Total calculated
    $233,773
    From this org
    $189,425
    From related orgs
    $0
    Other
    $44,348
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,243
    Bonus
    $0
    Other
    $182
    Deferred
    $7,792
    Nontaxable benefits
    $36,556
    Filer's total
    $233,773

  • Jason Sierra

    MANAGING DIRECTOR

    Total calculated
    $217,830
    From this org
    $176,426
    From related orgs
    $0
    Other
    $41,404
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,283
    Bonus
    $0
    Other
    $143
    Deferred
    $7,305
    Nontaxable benefits
    $34,099
    Filer's total
    $217,830

  • Marina Lin

    MANAGING DIRECTOR

    Total calculated
    $227,589
    From this org
    $205,925
    From related orgs
    $0
    Other
    $21,664
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,738
    Bonus
    $0
    Other
    $187
    Deferred
    $6,875
    Nontaxable benefits
    $14,789
    Filer's total
    $227,589

  • Kirsten Hund

    DIRECTOR DISTRICT PROGRAMS

    Total calculated
    $195,762
    From this org
    $146,443
    From related orgs
    $0
    Other
    $49,319
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,261
    Bonus
    $0
    Other
    $182
    Deferred
    $5,147
    Nontaxable benefits
    $44,172
    Filer's total
    $195,762

  • Gerardo Rios

    DIRECTOR OF INFORMATION TECHNOLOGY

    Total calculated
    $195,453
    From this org
    $156,317
    From related orgs
    $0
    Other
    $39,136
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,426
    Bonus
    $0
    Other
    $891
    Deferred
    $6,299
    Nontaxable benefits
    $32,837
    Filer's total
    $195,453

  • Aleshia Anderson

    DIRECTOR HUMAN RESOURCES

    Total calculated
    $171,789
    From this org
    $154,211
    From related orgs
    $0
    Other
    $17,578
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,080
    Bonus
    $0
    Other
    $131
    Deferred
    $125
    Nontaxable benefits
    $17,453
    Filer's total
    $171,789

  • Katherine Jaron

    MANAGING DIRECTOR

    Total calculated
    $204,411
    From this org
    $183,024
    From related orgs
    $0
    Other
    $21,387
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,861
    Bonus
    $0
    Other
    $163
    Deferred
    $6,502
    Nontaxable benefits
    $14,885
    Filer's total
    $204,411

  • Namrita Chawla

    MANAGING DIRECTOR

    Total calculated
    $178,354
    From this org
    $144,962
    From related orgs
    $0
    Other
    $33,392
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,843
    Bonus
    $0
    Other
    $119
    Deferred
    $5,998
    Nontaxable benefits
    $27,394
    Filer's total
    $178,354

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
9 February 2024
IRS schema version
2022v5.0
Source object
202420519349300927

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