Form 990 for tax year 2023
Filed by MIDLOTHIAN ISD EDUCATION FOUNDATION.
Totals
- Total revenue
- $68,663
- Total expenses
- $50,904
- Contributions and grants received
- $6,550
- Grants paid
- $21,171
- Program service revenue
- $0
- Investment income
- $1,667
- Other revenue
- $60,446
- Total assets, end of year
- $238,611
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $238,611
- Program services expenses (Part IX)
- $46,951
- Management and general expenses
- $3,953
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 92.2% 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
$6,550
-
3 · Investment income
total $1,667
-
8a · Fundraising events: gross income
$110,158
-
8b · Fundraising events: direct expenses
$49,712
-
8c · Net income from fundraising events
total $60,446
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $21,171 · program services $21,171
-
2 · Grants to domestic individuals
total $0
-
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 $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $24,996 · program services $24,996
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $314 · management and general $314
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $784 · program services $784
-
13 · Office expenses
total $995 · management and general $995
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,704 · management and general $1,704
-
24a · Other expenses: DUES
total $205 · management and general $205
-
24b · Other expenses: MERCHANT FEES
total $735 · management and general $735
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $215,273 · end of year $233,023
-
15 · Other assets
beginning of year $5,559 · end of year $5,588
-
31 · Retained earnings, endowment or other funds
beginning of year $220,832 · end of year $238,611
Mission and programs · 2023
Mission
MIDLOTHIAN ISD EDUCATION FOUNDATIONS MISSION IS TO GENERATE AND DISTRIBUTE RESOURCES TO THE MISD. THESE RESOURCES WILL BE USED TO ENRICH, MAINTAIN, AND EXPAND PROGRAMS NEEDED TO MEET THE DISTRICTS STATED MISSION OF EDUCATING STUDENTS BY EMPOWERING THEM TO MAXIMIZE THEIR POTENTIAL.
Activities or mission (Part I)
THE FOUNDATION WORKS TO PROVIDE FUNDS FOR EDUCATIONAL PROGRAMS AND ACTIVITIES THAT ARE NOT FUNDED OR UNDERFUNDED BY BUDGETARY CONTRAINTS.
-
AWARDING OF FOUNDATION GRANTS TO MISD FOR INNOVATIVE TEACHING ACHIEVEMENTS THAT ARE MADE POSSIBLE THROUGH DONATIONS TO EVENTS SPONSORED BY A VOLUNTEER BOARD OF DIRECTORS MADE UP OF BUSINESS, COMMUNITY AND EDUCATIONAL LEADERS.
As filed on the 2023 return.
Listed in Part VII
-
Sheri BrezealeSHERI BREZEALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Shelley HemphillSHELLEY HEMPHILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Debbie PhillippiDEBBIE PHILLIPPI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tracey WilliamsTRACEY WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Anna HammondsANNA HAMMONDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Sissy FranklinSISSY FRANKLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Betty TryonBETTY TRYON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Emily HeitmanEMILY HEITMAN
EXEC DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
Megan KoelkerMEGAN KOELKER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Michelle WolfMICHELLE WOLF
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Jill MatthewsJILL MATTHEWS
VP FINANCE
- Total calculated
- $0
- Hours/week
- 5
-
Shawn PraptaSHAWN PRAPTA
VP MARKETING
- Total calculated
- $0
- Hours/week
- 5
-
Brandy ConklinBRANDY CONKLIN
VP PROGRAMS
- Total calculated
- $0
- Hours/week
- 5
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
-
MIDLOTHIAN ISD
$21,171
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
This return attached Schedule N but itemized no distributions.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 May 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412959349301426
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