Mabank Isd Education Foundation
- Assets
- $150.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mabank, TX
- Founding
- 06/2010
- Data as of
- 08/2023
- EIN
- 27-1770341
Organization Overview
Mabank Isd Education Foundation is located in Mabank, TX. The organization was established in 2010. 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. Mabank Isd Education Foundation 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 08/2023, Mabank Isd Education Foundation generated $81.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $49.4k during the year ending 08/2023. While expenses have increased by 3.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
THE MABANK ISD EDUCATION FOUNDATION AWARDED $33,063 OF INNOVATIVE TEACHING GRANTS TO MABANK ISD TEACHERS AND PROFESSIONAL STAFF. THE MABANK ISD EDUCATION FOUNDATION AWARDED $2,531 OF RECOGNITION AWARDS TO MABANK ISD STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tonya Chapman Executative Director | 20 | $0 | |
William Adams VP Finance | 5 | $0 | |
Chrissy Adams VP Programs | 2 | $0 | |
Amber Swanson VP Events | 2 | $0 | |
Stephanie Blaase-Trammell VP Development | 1 | $0 | |
Rebecca Smith Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,593 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $329 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,371 |
| Other Revenue | $0 |
| Total Revenue | $81,293 |
| 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 | $33 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,725 |
| Total expenses | $49,352 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,849 |
| Other assets | $0 |
| Total assets | $150,849 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,849 |