Stratford Isd Education Foundation Inc is located in Stratford, TX. The organization was established in 2003. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stratford Isd Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Stratford Isd Education Foundation Inc generated $53.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (32.5%) each year. All expenses for the organization totaled $26.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (46.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE STRATFORD ISD EDUCATION FOUNDATION PROVIDES GRANTS FOR THE STRATFORD COMMUNITY TO FURTHER THEIR EDUCATION AND ENHANCE THEIR ABILITIES TO HELP PROSPER THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jon Engelbrecht Director | 0 | $0 | |
Ba Donelson Vice President | 0 | $0 | |
Jackie Gilley Secretary | 0 | $0 | |
Wesley Spurlock Director | 0 | $0 | |
Eddie Metcalf Director | 0 | $0 | |
Michael Hood Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,571 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $105 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $53,676 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,570 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $388 |
Other expenses | $605 |
Total expenses | $26,749 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $64,627 |
Other assets | $0 |
Total assets | $64,627 |
Total liabilities | $37,700 |
Net assets or fund balances | $26,927 |