Form 990 for tax year 2023

Filed by LAKE TRAVIS EDUCATION FOUNDATION.

Totals

Total revenue: $862,453
Total expenses: $664,363
Contributions and grants received: $427,717
Grants paid: $498,500
Program service revenue: $0
Investment income: $133,333
Other revenue: $301,403
Total assets, end of year: $1,688,478
Total liabilities, end of year: $450,000
Net assets or fund balances, end of year: $1,238,478
Program services expenses (Part IX): $538,995
Management and general expenses: $125,368
Fundraising expenses: $0
Program service expenses (Part III): $538,995

Program services were 81.1% 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.

1c · Fundraising events

$99,655
1f · All other contributions, gifts and grants

$328,062
3 · Investment income

total $133,333 · unrelated business $0 · excluded $133,333
8a · Fundraising events: gross income

$628,450
8a · Fundraising events: contributions included on line 1c

$99,655
8b · Fundraising events: direct expenses

$327,047
8c · Net income from fundraising events

total $301,403 · unrelated business $0 · excluded $301,403
11a · Other revenue: Other Revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $450,000 · program services $450,000
2 · Grants to domestic individuals

total $48,500 · program services $48,500
12 · Advertising and promotion

total $40,495 · program services $40,495 · management and general $0 · fundraising $0
24a · Other expenses: Administrative Support

total $88,136 · program services $0 · management and general $88,136 · fundraising $0
24b · Other expenses: Operating

total $28,694 · program services $0 · management and general $28,694 · fundraising $0
24c · Other expenses: Insurance

total $1,930 · program services $0 · management and general $1,930 · fundraising $0
24d · Other expenses: Software & Online

total $6,608 · program services $0 · management and general $6,608 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $755,112 · end of year $683,570
4 · Accounts receivable

beginning of year $3,525
12 · Investments: other securities

beginning of year $745,937 · end of year $1,004,908
17 · Accounts payable and accrued expenses

beginning of year $464,186 · end of year $450,000
27 · Net assets without donor restrictions

beginning of year $916,098 · end of year $1,114,188
28 · Net assets with donor restrictions

beginning of year $124,290 · end of year $124,290

Mission and programs · 2023

Mission

Support Teachers and Students with Grants and Scholarships

To promote scholarship in the Lake Travis Independent School District by providing financial support and guidance

Expenses $48,500 · Grants $48,500
To award grants to benefit the students of Lake Travis ISD for items that are needed to improve the classrooms and are not provided through regular school funding.

Expenses $450,000 · Grants $450,000
Promotional expenses related to above.

Expenses $40,495 · Grants $40,495

As filed on the 2023 return.

Listed in Part VII

Russell Hayden

President

Total calculated

$0

Hours/week

4
Tonya Boggan

Vice President

Total calculated

$0

Hours/week

2
Annmarie Hatfield

Vice President

Total calculated

$0

Hours/week

2
Bridget Dalrymple

Treasurer

Total calculated

$0

Hours/week

2
Krystle Avarado

Director

Total calculated

$0

Hours/week

2
Christy Black

Director

Total calculated

$0

Hours/week

2
Kris Devlin

Director

Total calculated

$0

Hours/week

2
Gina Dreesen

Director

Total calculated

$0

Hours/week

2
Anthony Eppert

Director

Total calculated

$0

Hours/week

2
Windsar Fields

Director

Total calculated

$0

Hours/week

2
Monica R Hall-Porter PhD

President

Total calculated

$0

Hours/week

2
Erin Warner

Secretary

Total calculated

$0

Hours/week

2
Jennifer Goff

Director

Total calculated

$0

Hours/week

2
Jeff Haley

Past President

Total calculated

$0

Hours/week

2
Amy Hanken

Director

Total calculated

$0

Hours/week

2
Claire Kinnersley

Director

Total calculated

$0

Hours/week

2
Natalie Kloss-Biagini

Director

Total calculated

$0

Hours/week

2
Geoff Land

Director

Total calculated

$0

Hours/week

2
Sarah McAloon

Director

Total calculated

$0

Hours/week

2
Tracy Mendez

Director

Total calculated

$0

Hours/week

2
Kyle Morgan

President Elect

Total calculated

$0

Hours/week

2
Myles Naso

Director

Total calculated

$0

Hours/week

2
Aimee Riebold

Director

Total calculated

$0

Hours/week

2
Andrea Steimle

Director

Total calculated

$0

Hours/week

2
Maureen Wentworth

Director

Total calculated

$0

Hours/week

2
Robert White

Director

Total calculated

$0

Hours/week

2
Tom Wiri

Director

Total calculated

$0

Hours/week

2
Gary Wolff

Director

Total calculated

$0

Hours/week

2

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

Lake Travis ISD

$450,000

To support teachers and students

Provenance

Return type: form_990
Tax year: 2023
Filed: 8 April 2025
IRS schema version: 2023v6.0
Source object: 202501049349301805

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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