Van Alstyne Education Foundation Inc

Organization Overview

Van Alstyne Education Foundation Inc is located in Van Alstyne, TX. The organization was established in 2013. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Van Alstyne 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 06/2021, Van Alstyne Education Foundation Inc generated $191.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $160.9k during the year ending 06/2021. While expenses have increased by 9.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TEACHER/CLASSROOM GRANTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS


PROVIDE GRANTS TO SCHOOL TO FURTHER CLASSROOM EXPENSES FOR STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Dr John Spies
President
$0
Todd Stracener
Secretary/treasurer
$0
Donna Kern
Director
$0
Casey Spies
Director
$0
Debra Pettit
Ex Officio
$0
Jim Atchison
Ex Officio
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$135,617
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$48,181
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$183,798
Total Program Service Revenue$0
Investment income $7,385
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $191,183

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Van Alstyne Education Foundation Inc has recieved totaling $429.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$189
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$100
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$80
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$40
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$20
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$399,680
Earnings$89,809
Net Contributions$35,052
Ending Balance$524,541

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