Civic Intelligence

Marshall Education Foundation Inc.

990EZ • Fiscal year 2023 • EIN 45-3917232

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

PO Box 8303Marshall, TX 75671

(903) 934-8307

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

14th percentile

-32%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

16th percentile

-34%

Faster asset growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

60th percentile

14%

Faster revenue growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$54,078

Down $27,282 (-34%) from 2022

Net Assets

Down

$54,078

Down $27,282 (-34%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$85,289

Up $10,473 (+14%) from 2022

Expenses

Up

$112,571

Up $26,424 (+31%) from 2022

Net Income

Down

-$27,282

Down $15,951 (-141%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2015: $128,668Net Assets 2015: $128,6682015Assets 2016: $165,953Net Assets 2016: $165,9532016Assets 2017: $155,808Net Assets 2017: $155,8082017Assets 2018: $152,034Net Assets 2018: $152,0342018Assets 2019: $90,770Net Assets 2019: $90,7702019Assets 2020: $90,515Net Assets 2020: $90,5152020Assets 2021: $92,691Net Assets 2021: $92,6912021Assets 2022: $81,360Net Assets 2022: $81,3602022Assets 2023: $54,078Net Assets 2023: $54,0782023Assets 2024: $65,096Net Assets 2024: $65,0962024

Highlighted filing

2023

Assets$54,078
Liabilities-
Net Assets$54,078

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2015: $153,771Expenses 2015: $49,453Net Income 2015: $104,3182015Revenue 2016: $121,488Expenses 2016: $84,203Net Income 2016: $37,2852016Revenue 2017: $125,748Expenses 2017: $135,893Net Income 2017: -$10,1452017Revenue 2018: $117,266Expenses 2018: $121,040Net Income 2018: -$3,7742018Revenue 2019: $92,627Expenses 2019: $153,891Net Income 2019: -$61,2642019Revenue 2020: $127,898Expenses 2020: $128,153Net Income 2020: -$2552020Revenue 2021: $103,174Expenses 2021: $100,998Net Income 2021: $2,1762021Revenue 2022: $74,816Expenses 2022: $86,147Net Income 2022: -$11,3312022Revenue 2023: $85,289Expenses 2023: $112,571Net Income 2023: -$27,2822023Revenue 2024: $111,285Expenses 2024: $100,267Net Income 2024: $11,0182024

Highlighted filing

2023

Revenue$85,289
Expenses$112,571
Net Income-$27,282
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$94,501
Mission and Program Overview

Mission

To aid in the fulfillment of teaching and service functions of the marshall independent school district by providing funds and property and to make grants and loans for the purpose of aiding the marshall indepdent school district.

To aid in the fulfillment of teaching and service functions of the marshall independent school district by providing funds and property and to make grants and loans for the purpose of aiding the marshall independent school district.

Program Services

DescriptionGrantsExpenses
DURING THIS PAST YEAR THE FOUNDATION AWARDED TEACHERS GRANTS TO THE FOLLOWING SCHOOLS AT MARSHALL I.S.D.: DAEP, DAVID CROCKETT ELEMENTARY, LITTLE MAV ACADEMY, MARSHALL EARLY CHILDHOOD CENTER, MARSHALL EARLY GRAD SCHOOL, PRICE T. YOUNG MIDDLE SCHOOL, MARSHALL HIGH SCHOOL, SAM HOUSTON ELEMENTARY SCHOOL, MARSHALL JUNIOR HIGH, AND WILLIAM B. TRAVIS ELEMENTARY SCHOOL.-$112,571
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTY GODWINVice President-$0--
SARAH PALMERTreasurer-$0--
NANCY FESSLERDirectorPT$0--
KEITH HILLPresident-$0--
MARICELA LONGORIA PENASecretary-$0--
REGGIE COOPERParliamentarian-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Back the Mavs$20,034$20,034$6,653$13,381
Jingle Bell Run$8,867$8,867$2,559$6,308
Total Events$28,901$28,901$9,212$19,689
Filing and Contact Details

Filer

Filer Name
Marshall Education Foundation Inc
EIN
45-3917232
Phone
9039348307
Address
PO Box 8303, Marshall, TX 75671

Signing Officer

Name
Sarah Palmer
Title
Treasurer
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Knuckols Duvall Hallum & Co
Address
204 S Wellington, Marshall, TX 75670
Preparer
R Michael Hallum CPA
Phone
9039380331
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

Class of Activity: TEACHER GRANTS | Donee's Name: MARSHALL ISD | Donee's Address: 1305 PINECREST DRIVE MARSHALL TX 75672 | Relationship of Donee: None | Cash Amount Given: $104934

Other Expenses.1001

Advertising and Promotion $649

Other Expenses.1012

Insurance $834

Other Expenses.1

Maverick honors expenses $4930

Other Expenses.2

CONTRACT SERVICES $500

Other Expenses.5

Miscellaneous $40

Raw XML Appendix181 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: TEACHER GRANTS | Donee's Name: MARSHALL ISD | Donee's Address: 1305 PINECREST DRIVE MARSHALL TX 75672 | Relationship of Donee: None | Cash Amount Given: $104934
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $834
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH PALMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
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ReturnHeader/Filer/EIN0453917232
ReturnHeader/Filer/PhoneNum09039348307
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075670
ReturnHeader/PreparerPersonGrp/PhoneNum09039380331
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R Michael Hallum CPA
ReturnHeader/ReturnTs02024-11-13T12:59:25-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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