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Nonprofiteer
← HOLDSWORTH CENTER

Form 990 for tax year 2023

Filed by HOLDSWORTH CENTER.

Totals

Total revenue
$33,195,395
Total expenses
$33,517,744
Contributions and grants received
$29,262,065
Grants paid
$0
Program service revenue
$543,448
Investment income
$1,462,335
Other revenue
$1,927,547
Total assets, end of year
$207,343,825
Total liabilities, end of year
$2,850,973
Net assets or fund balances, end of year
$204,492,852
Program services expenses (Part IX)
$26,626,417
Management and general expenses
$5,797,058
Fundraising expenses
$1,094,269
Program service expenses (Part III)
$26,626,417

Program services were 79.4% 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

    $29,262,065

  • 1g · Noncash contributions included above

    $68,804

  • 2a · Program service revenue: PROGRAM SERVICES

    total $543,448 · related or exempt $543,448

  • 3 · Investment income

    total $1,381,829 · excluded $1,381,829

  • 7a · Gross sales of assets other than inventory

    securities $11,566,643

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

    securities $11,486,137

  • 7c · Gain or loss

    securities $80,506

  • 7d · Net gain or loss

    total $80,506 · excluded $80,506

  • 10a · Gross sales of inventory

    $2,246,771

  • 10b · Cost of goods sold

    $329,172

  • 10c · Net income from sales of inventory

    total $1,917,599 · unrelated business $1,917,599

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $9,948 · related or exempt $9,948

  • 11e · Other revenue, total

    $9,948

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,696,831 · program services $467,832 · management and general $1,026,187 · fundraising $202,812

  • 6 · Compensation of disqualified persons

    total $144,852 · program services $95,987 · management and general $39,218 · fundraising $9,647

  • 7 · Other salaries and wages

    total $7,906,457 · program services $5,695,683 · management and general $1,894,340 · fundraising $316,434

  • 8 · Pension plan contributions

    total $229,553 · program services $169,473 · management and general $52,510 · fundraising $7,570

  • 9 · Other employee benefits

    total $1,413,053 · program services $909,996 · management and general $424,027 · fundraising $79,030

  • 10 · Payroll taxes

    total $722,050 · program services $467,314 · management and general $215,682 · fundraising $39,054

  • 11b · Fees: legal

    total $253,191 · management and general $253,191

  • 11c · Fees: accounting

    total $66,435 · management and general $66,435

  • 11f · Fees: investment management

    total $130,963 · management and general $130,963

  • 11g · Fees: other

    total $10,687,089 · program services $10,235,180 · management and general $377,482 · fundraising $74,427

  • 12 · Advertising and promotion

    total $171,320 · management and general $170,995 · fundraising $325

  • 13 · Office expenses

    total $318,232 · program services $162,805 · management and general $68,718 · fundraising $86,709

  • 14 · Information technology

    total $1,511,212 · program services $1,005,368 · management and general $401,242 · fundraising $104,602

  • 16 · Occupancy

    total $583,747 · program services $566,903 · management and general $13,475 · fundraising $3,369

  • 17 · Travel

    total $817,777 · program services $612,761 · management and general $118,260 · fundraising $86,756

  • 19 · Conferences, conventions and meetings

    total $33,590 · program services $3,417 · management and general $27,868 · fundraising $2,305

  • 22 · Depreciation, depletion and amortization

    total $5,802,609 · program services $5,635,171 · management and general $133,950 · fundraising $33,488

  • 23 · Insurance

    total $96,356 · program services $86,874 · management and general $7,803 · fundraising $1,679

  • 24a · Other expenses: HVAC RECONSTRUCTION

    total $287,600 · management and general $287,600

  • 24e · All other expenses

    total $644,827 · program services $511,653 · management and general $87,112 · fundraising $46,062

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $305,327 · end of year $150,679

  • 2 · Savings and temporary cash investments

    beginning of year $9,551,807 · end of year $5,195,571

  • 3 · Pledges and grants receivable

    beginning of year $627,819 · end of year $91,985

  • 4 · Accounts receivable

    end of year $681,204

  • 9 · Prepaid expenses and deferred charges

    beginning of year $949,060 · end of year $1,631,038

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

    $180,095,006

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

    $18,932,538

  • 10c · Land, buildings and equipment, net

    beginning of year $166,815,158 · end of year $161,162,468

  • 11 · Investments: publicly traded securities

    beginning of year $28,442,858 · end of year $38,358,345

  • 15 · Other assets

    beginning of year $35,908 · end of year $72,535

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,908,742 · end of year $1,451,851

  • 19 · Deferred revenue

    beginning of year $2,928,170 · end of year $635,130

  • 25 · Other liabilities

    beginning of year $920,322 · end of year $763,992

  • 27 · Net assets without donor restrictions

    beginning of year $200,970,703 · end of year $204,492,852

Mission and programs · 2023

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 $26,626,417 · Revenue $553,396

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DR SHARI ALBRIGHT

    DIRECTOR

    Total calculated
    $502,518
    From this org
    $0
    From related orgs
    $472,932
    Other
    $29,586
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $469,764 related
    Bonus
    $0
    Other
    $0 + $3,168 related
    Deferred
    $0 + $13,000 related
    Nontaxable benefits
    $0 + $16,586 related
    Filer's total
    $0 + $502,518 related

  • DR LINDSAY WHORTON

    PRESIDENT/DIRECTOR

    Total calculated
    $455,208
    From this org
    $383,264
    From related orgs
    $0
    Other
    $71,944
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $382,900
    Bonus
    $0
    Other
    $364
    Deferred
    $46,250
    Nontaxable benefits
    $25,694
    Filer's total
    $455,208

  • 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 + 2 related

  • ROBERT S KAPLAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAULINE DOW

    VICE PRESIDENT

    Total calculated
    $298,928
    From this org
    $271,636
    From related orgs
    $0
    Other
    $27,292
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $269,885
    Bonus
    $0
    Other
    $1,751
    Deferred
    $10,600
    Nontaxable benefits
    $16,692
    Filer's total
    $298,928

  • BRYAN RUBIO

    SECRETARY & DIRECTOR OF DEVELOPMENT

    Total calculated
    $194,520
    From this org
    $186,376
    From related orgs
    $0
    Other
    $8,144
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,133
    Bonus
    $0
    Other
    $243
    Deferred
    $7,455
    Nontaxable benefits
    $689
    Filer's total
    $194,520

  • KELLI GREEN

    TREASURER & CFO

    Total calculated
    $281,044
    From this org
    $224,761
    From related orgs
    $0
    Other
    $56,283
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,537
    Bonus
    $0
    Other
    $224
    Deferred
    $9,385
    Nontaxable benefits
    $46,898
    Filer's total
    $281,044

  • MARINA LIN

    MANAGING DIRECTOR

    Total calculated
    $234,747
    From this org
    $204,699
    From related orgs
    $0
    Other
    $30,048
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,508
    Bonus
    $0
    Other
    $191
    Deferred
    $7,593
    Nontaxable benefits
    $22,455
    Filer's total
    $234,747

  • RACHEL GALLARDO

    MANAGING DIRECTOR

    Total calculated
    $213,019
    From this org
    $160,677
    From related orgs
    $0
    Other
    $52,342
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,547
    Bonus
    $0
    Other
    $130
    Deferred
    $6,897
    Nontaxable benefits
    $45,445
    Filer's total
    $213,019

  • SHARON FOLEY

    MANAGING DIRECTOR

    Total calculated
    $218,824
    From this org
    $166,796
    From related orgs
    $0
    Other
    $52,028
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,580
    Bonus
    $0
    Other
    $216
    Deferred
    $7,053
    Nontaxable benefits
    $44,975
    Filer's total
    $218,824

  • GERARDO RIOS

    DIRECTOR OF INFORMATION TE

    Total calculated
    $204,995
    From this org
    $163,419
    From related orgs
    $0
    Other
    $41,576
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,480
    Bonus
    $0
    Other
    $939
    Deferred
    $6,819
    Nontaxable benefits
    $34,757
    Filer's total
    $204,995

  • ALESHIA ANDERSON

    DIRECTOR HUMAN RESOURCES

    Total calculated
    $180,475
    From this org
    $162,182
    From related orgs
    $0
    Other
    $18,293
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,042
    Bonus
    $0
    Other
    $140
    Deferred
    $0
    Nontaxable benefits
    $18,293
    Filer's total
    $180,475

  • JASON SIERRA

    MANAGING DIRECTOR

    Total calculated
    $226,901
    From this org
    $175,774
    From related orgs
    $0
    Other
    $51,127
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,608
    Bonus
    $0
    Other
    $166
    Deferred
    $7,562
    Nontaxable benefits
    $43,565
    Filer's total
    $226,901

  • KATHERINE JARON

    MANAGING DIRECTOR

    Total calculated
    $218,295
    From this org
    $195,707
    From related orgs
    $0
    Other
    $22,588
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,533
    Bonus
    $0
    Other
    $174
    Deferred
    $7,300
    Nontaxable benefits
    $15,288
    Filer's total
    $218,295

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
2023
Filed
24 February 2025
IRS schema version
2023v6.0
Source object
202540639349301109

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