Arlington I S D Education Foundation
- Assets
- $1.7m
- Revenue
- $559.8k
- Investments
- $1.6m
- Employees
- 2
- Location
- Arlington, TX
- Founding
- 12/1994
- Data as of
- 06/2021
- EIN
- 75-2561891
Organization Overview
Arlington I S D Education Foundation is located in Arlington, TX. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Arlington I S D Education Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arlington I S D 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 06/2021, Arlington I S D Education Foundation generated $559.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $335.2k during the year ending 06/2021. While expenses have increased by 3.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE STUDENTS OF THE ARLINGTON ISD BY FULFILLING EXTRAORDINARY EDUCATIONAL NEEDS AND INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHING GRANTS AND RECOGNITION PROGRAMS TO FULFILL THE NEEDS AND INITIATIVES OF TEACHERS AND STUDENTS, AND TO HELP FUND INNOVATIVE PROJECTS AND DEVELOP COMMUNITY RELATIONSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Sullins Executive Director | Officer | 40 | $63,879 |
Reba Blevens Co-President | OfficerTrustee | 5 | $0 |
Dan Taaffe VP Finance/treasurer | OfficerTrustee | 5 | $0 |
Michael Jarrett Assistant Treasurer | OfficerTrustee | 5 | $0 |
Mary Tom Curnutt Director-At-Large | OfficerTrustee | 5 | $0 |
Victoria Farrar-Myers Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $88,000 |
| Related organizations | $0 |
| Government grants | $41,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $314,018 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $443,418 |
| Total Program Service Revenue | $0 |
| Investment income | $38,274 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,555 |
| Net Income from Gaming Activities | $63,558 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $559,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $184,138 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,507 |
| Compensation of current officers, directors, key employees. | $33,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,320 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,451 |
| Payroll taxes | $24,788 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,357 |
| Fees for services: Other | $575 |
| Advertising and promotion | $2,024 |
| Office expenses | $10,618 |
| Information technology | $5,582 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,732 |
| All other expenses | $0 |
| Total functional expenses | $335,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,442 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,638,393 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,697,835 |
| Accounts payable and accrued expenses | $1,005 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,005 |
| Net assets without donor restrictions | $1,433,206 |
| Net assets with donor restrictions | $263,624 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,697,835 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Arlington I S D Education Foundation has recieved totaling $108,414.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Texas Fort Worth, TX PURPOSE: TO BE USED TOWARD SCHOLARSHIPS | $25,000 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: TO BE USED TOWARD SCHOLARSHIPS | $25,000 |
Just Keep Livin Foundation Sherman Oaks, CA PURPOSE: TO SERVE THE STUDENTS OF THE ARLINGTON INDEPENDENT SCHOOL DISTRICT | $24,500 |
Texas Health Arlington Memorial Hospital Arlington, TX PURPOSE: General Purpose | $16,119 |
Undies For Everyone Houston, TX PURPOSE: To provide underserved children with new underwear | $14,297 |
Marak Family Foundation Wilmington, DE PURPOSE: TURNING POINT HIGH SCHOOL-UNIFORMS, MEALS, OTHER | $3,400 |
Endowment Analysis
| Beg. Balance | $529,173 |
| Net Contributions | $11,900 |
| Ending Balance | $541,073 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |