Civic Intelligence

San Antonio Education Fund DBA San Antonio Education Partnership

990 • Fiscal year 2023 • EIN 74-2547643

Oct 01, 2022 to Sep 30, 2023 • Filed on Feb 14, 2024

131 El Paso StSan Antonio, TX 78204

(210) 207-4766

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.56x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.51x

Higher debt load relative to revenue than 73% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

56th percentile

6.6%

Higher net margin than 56% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

53rd percentile

$133,619

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

86th percentile

37%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

32%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$4,642,041

Up $1,264,738 (+37%) from 2022

Net Assets

Up

$2,030,575

Up $362,052 (+22%) from 2022

Liabilities

Up

$2,611,466

Up $902,686 (+53%) from 2022

Revenue

Up

$5,159,548

Up $1,242,882 (+32%) from 2022

Expenses

Up

$4,818,381

Up $881,445 (+22%) from 2022

Net Income

Up

$341,167

Up $361,437 (+1783%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,468,713Liabilities 2011: $2,137,066Net Assets 2011: $1,331,6472011Assets 2012: $2,996,763Liabilities 2012: $1,675,796Net Assets 2012: $1,320,9672012Assets 2013: $2,372,631Liabilities 2013: $954,356Net Assets 2013: $1,418,2752013Assets 2014: $3,510,662Liabilities 2014: $2,259,347Net Assets 2014: $1,251,3152014Assets 2015: $2,418,727Liabilities 2015: $1,683,752Net Assets 2015: $734,9752015Assets 2016: $3,039,769Liabilities 2016: $2,193,317Net Assets 2016: $846,4522016Assets 2017: $3,523,960Liabilities 2017: $2,445,803Net Assets 2017: $1,078,1572017Assets 2018: $3,219,760Liabilities 2018: $2,242,156Net Assets 2018: $977,6042018Assets 2019: $3,541,390Liabilities 2019: $2,373,611Net Assets 2019: $1,167,7792019Assets 2020: $3,309,797Liabilities 2020: $1,927,752Net Assets 2020: $1,382,0452020Assets 2021: $3,428,190Liabilities 2021: $1,600,245Net Assets 2021: $1,827,9452021Assets 2022: $3,377,303Liabilities 2022: $1,708,780Net Assets 2022: $1,668,5232022Assets 2023: $4,642,041Liabilities 2023: $2,611,466Net Assets 2023: $2,030,5752023Assets 2024: $4,287,758Liabilities 2024: $2,371,140Net Assets 2024: $1,916,6182024Assets 2025: $4,075,993Liabilities 2025: $2,236,087Net Assets 2025: $1,839,9062025

Highlighted filing

2023

Assets$4,642,041
Liabilities$2,611,466
Net Assets$2,030,575

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,830,286Expenses 2011: $3,450,001Net Income 2011: -$619,7152011Revenue 2012: $3,585,194Expenses 2012: $3,619,557Net Income 2012: -$34,3632012Revenue 2013: $3,720,343Expenses 2013: $3,899,331Net Income 2013: -$178,9882013Revenue 2014: $4,048,594Expenses 2014: $4,209,097Net Income 2014: -$160,5032014Revenue 2015: $3,665,042Expenses 2015: $4,150,701Net Income 2015: -$485,6592015Revenue 2016: $3,310,585Expenses 2016: $3,209,081Net Income 2016: $101,5042016Revenue 2017: $4,122,405Expenses 2017: $3,914,123Net Income 2017: $208,2822017Revenue 2018: $3,975,870Expenses 2018: $4,073,282Net Income 2018: -$97,4122018Revenue 2019: $4,448,802Expenses 2019: $4,235,701Net Income 2019: $213,1012019Revenue 2020: $4,489,662Expenses 2020: $4,264,183Net Income 2020: $225,4792020Revenue 2021: $4,695,560Expenses 2021: $4,288,292Net Income 2021: $407,2682021Revenue 2022: $3,916,666Expenses 2022: $3,936,936Net Income 2022: -$20,2702022Revenue 2023: $5,159,548Expenses 2023: $4,818,381Net Income 2023: $341,1672023Revenue 2024: $4,399,050Expenses 2024: $4,572,135Net Income 2024: -$173,0852024Revenue 2025: $4,365,207Expenses 2025: $4,451,968Net Income 2025: -$86,7612025

Highlighted filing

2023

Revenue$5,159,548
Expenses$4,818,381
Net Income$341,167
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Feb 14, 2024
Return Version
2022v5.0
Gross Receipts
$5,160,558
Mission and Program Overview

Mission

The partnership empowers students with quality educational programs, resources and counseling that will make them confident, knowledgeable and help them finish college and contribute to san antonio's future, making the students san antonio's leaders of tomorrow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,046,530$2,758,449▲ $711,919
Cash and Non-Interest-Bearing Accounts$656,544$1,135,188▲ $478,644
Investments in Publicly Traded Securities$360,992$382,262▲ $21,270
Savings and Temporary Cash Investments$286,903$309,572▲ $22,669
Prepaid Expenses and Deferred Charges$26,334$37,053▲ $10,719
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,377,303$4,642,041▲ $1,264,738
Other Assets Total-$19,517-
Liabilities
Other Liabilities$1,613,488$2,119,517▲ $506,029
Accounts Payable and Accrued Expenses$85,292$419,949▲ $334,657
Deferred Revenue$10,000$72,000▲ $62,000
Total Liabilities$1,708,780$2,611,466▲ $902,686
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,535,269$1,671,974▲ $136,705
Net Assets With Donor Restrictions$133,254$358,601▲ $225,347
Total Net Assets Fund Balance$1,668,523$2,030,575▲ $362,052
Total Liabilities and Net Assets / Fund Balance$3,377,303$4,642,041▲ $1,264,738

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$28,677$28,677
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle ReyesCFOFT$119,215$14,404$133,619
Ana AcevedoExecutive DirectorFT$64,885$5,833$70,718
Lisa CunninghamPast Execu DirectorFT$38,765$3,314$42,079

Board Members and Trustees

NameTitle
Dave GannonBoard Chair
Brandy MclellandBoard Member
Carlos MaestasBoard Member
Erica N GayBoard Member
Jalen Mckee-rodriguezBoard Member
John CourageBoard Member
Kelly RastiBoard Member
Kelsey DayBoard Member
Linda MoraBoard Member
Mary L LibbyBoard Member
Melissa MahanBoard Member
Melody WoosleyBoard Member
Pascual GonzalesBoard Member
Robert GarzaBoard Member
Susan B McgeeBoard Member
Alexandria SalasSecretary
Gaye PrestonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,351,289
Program Service Revenue
$1,726,801
Investment Income
$23,054
Other Revenue
$58,404
All Other Contributions
$1,188,514
Change in Net Assets
$341,167

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,159,548
Revenue Not Reported on Form 990
$112,629
Total Revenue per Audited Statements
$5,272,177
Total Revenue per Form 990
$5,159,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,126,471
Salaries, Compensation, and Employee Benefits$1,751,399
Other Expenses$940,511
Total Fundraising Expense$62,151
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,126,471--$2,126,471
Other Salaries and Wages$1,059,964$68,033$36,046$1,164,043
Fees for Services Other$390,030$93,620$1,617$485,267
Current Officers, Directors, Trustees, and Key Employees$268,561$16,643$9,005$294,209
Other Employee Benefits$149,097$6,559$4,422$160,078
Occupancy$133,440$1,709-$135,149
Payroll Taxes$99,055$6,570$3,368$108,993
Advertising$103,029--$103,029
Office Expenses$77,022$8,042$6,786$91,850
Fees for Services Accounting$17,811$8,658$31$26,500
Other Expenses$22,812$1,483$88$24,383
Pension Plan Contributions$22,424$987$665$24,076
Travel$16,995$4,493$123$21,611
Insurance$15,079$104-$15,183
Total Functional Expenses$4,539,329$216,901$62,151$4,818,381

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,910,125
Expenses per Audited Statements$4,818,381
Total Expenses per Form 990$4,818,381
Expenses Not Reported on Form 990$91,744
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$54,351
Fundraising Direct Expenses$1,010
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon$54,351$54,351$1,010$53,341
Total Events$54,351$54,351$1,010$53,341
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Alexandria SalasBoard MemberSee BelowNo-
Jaleen Mckee-rodriguezBoard MemberSee BelowNo-
John CourageBoard MemberSee BelowNo-
Kelly RastiBoard MemberSee BelowNo-
Linda MoraBoard MemberSee BelowNo-
Melissa MahanBoard MemberSee BelowNo-
Melody WoosleyBoard MemberSee BelowNo-
Ms Brandy MclellandBoard MemberSee BelowNo-
Ms Mary LibbyBoard MemberSee BelowNo-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarship Commitments$2,100,000
Operating Lease Liabilities$19,517
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization's independent certified public accounting firm prepares the form 990. The form is then reviewed by management before approval by a representative of the board.

Form 990, Part VI, Section B, Line 12C

The san antonio education partnership distributes and requests acknowledgement of receipt of the conflict of interest policy annually. On an annual basis, a review is conducted to be certain all forms are signed, received, and any issues are resolved by the appropriate level of executive management and/or chairman of the board of directors. This monitoring plan will remain in effect until circumstances are documented that dictate otherwise.

Form 990, Part VI, Section B, Line 15A

The board chairman appoints individuals, both current and former board members, to interview and make selections for the executive director position. Compensation is based on skills and experience level, review of the former executive director's salary, and a review of the current san antonio not-for-profit wage and benefit survey, sponsored by the san antonio area foundation.

Form 990, Part VI, Section B, Line 15B

The executive director recommends salaries and/or promotions for other employees. These recommendations must be approved by the board.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon written request to our administrative offices.

Filing and Contact Details

Filer

Filer Name
San Antonio Education Fund
EIN
74-2547643
Phone
2102074766
Address
131 EL PASO ST, SAN ANTONIO, TX 78204

Signing Officer

Name
Ana Acevedo
Title
Executive Director
Signed
2024-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Reyes
Formed
1988
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
Employees
48
Volunteers
7

Preparer

Firm
Schuh Browne Pc
Address
7800 IH 10 W STE 630, SAN ANTONIO, TX 78230
Preparer
W Martin Schuh Jr
Phone
2109797900
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IRS990/Desc0THE GOAL OF THE PARTNERSHIP IS TO CLOSE THE COLLEGE GRADUATION GAP FOR SAN ANTONIO BY HAVING ITS STUDENTS GRADUATE FROM HIGH SCHOOL, ENROLL IN COLLEGE, AND EARN A COLLEGE DEGREE AND/OR CERTIFICATE. SERVICES PROVIDED TO STUDENTS THROUGH THE HIGH SCHOOL SERVICES COMPONENT AND CAFE COLLEGE FOCUS ON FIVE KEY AREAS WITH THE FOLLOWING OBJECTIVES:COLLEGE ASPIRATIONS & GOAL SETTING - HELPING STUDENTS SET AND KEEP SHORT AND LONG-TERM ACADEMIC AND CAREER GOALS BY BUILDING A COLLEGE-GOING FUTURE.COLLEGE AND CAREER EXPLORATION AND PLANNING - INCREASING AWARENESS OF CAREER OPPORTUNITIES AND ASSISTING WITH PLANNING OF CAREER PATHS, TO INCLUDE INCREASING STUDENT KNOWLEDGE AND AWARENESS OF STEM FIELDS FOR CAREER OPPORTUNITIES IN SAN ANTONIO. COLLEGE ENTRY AND ENROLLMENT - INCREASING AWARENESS OF HIGHER EDUCATION OPPORTUNITIES AND ASSISTING WITH COLLEGE ENTRY AND ENROLLMENT.COLLEGE AFFORDABILITY AND FINANCIAL AID - INCREASING AWARENESS BY PROVIDING INFORMATION ON FINANCIAL LITERACY AND FINANCIAL AID RESOURCES, IN ADDTIION TO ASSISTING WITH APPLYING FOR FINANCIAL AID AND SCHOLARSHIPS. COLLEGE TRANSITION - PROVIDING GUIDANCE AND COACHING AS STUDENTS TRANSITION FROM HIGH SCHOOL TO COLLEGE WITH CONFIDENCE AND SUCCESS, AS WELL AS OPPORTUNITIES FOR CHARACTER DEVELOPMENT, INCLUDING THE ESSENTIAL SKILLS NEEDED TO BECOME AN EFFECTIVE LEADER.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST EXECU DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
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IRS990/GrantsToOrganizationsInd0false
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/MissionDesc0THE PARTNERSHIP EMPOWERS STUDENTS WITH QUALITY EDUCATIONAL PROGRAMS, RESOURCES AND COUNSELING THAT WILL MAKE THEM CONFIDENT, KNOWLEDGEABLE AND HELP THEM FINISH COLLEGE AND CONTRIBUTE TO SAN ANTONIO'S FUTURE, MAKING THE STUDENTS SAN ANTONIO'S LEADERS OF TOMORROW.
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OtherExpensesGrp/TotalAmt124383
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IRS990/OtherLiabilitiesGrp/EOYAmt02119517
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IRS990/PayrollTaxesGrp/ProgramServicesAmt099055
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IRS990/PensionPlanContributionsGrp/FundraisingAmt0665
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0987
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022424
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037053
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01726801
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYExcessBenefitTransInd0false
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IRS990/PYInvestmentIncomeAmt059455
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0523896
IRS990/PYOtherRevenueAmt068595
IRS990/PYProgramServiceRevenueAmt01812240

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.08$2.24$1.84$4.37$4.45$0.09
2024Detailed filing. Detailed filing data is available for this year.$4.29$2.37$1.92$4.40$4.57$0.17
2023Detailed filing. Detailed filing data is available for this year.$4.64$2.61$2.03$5.16$4.82$0.34
2022Detailed filing. Detailed filing data is available for this year.$3.38$1.71$1.67$3.92$3.94$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$1.60$1.83$4.70$4.29$0.41
2020Detailed filing. Detailed filing data is available for this year.$3.31$1.93$1.38$4.49$4.26$0.23
2019Detailed filing. Detailed filing data is available for this year.$3.54$2.37$1.17$4.45$4.24$0.21
2018Detailed filing. Detailed filing data is available for this year.$3.22$2.24$0.98$3.98$4.07$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.52$2.45$1.08$4.12$3.91$0.21
2016Detailed filing. Detailed filing data is available for this year.$3.04$2.19$0.85$3.31$3.21$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.42$1.68$0.73$3.67$4.15$0.49
2014Detailed filing. Detailed filing data is available for this year.$3.51$2.26$1.25$4.05$4.21$0.16
2013Summary only. Only limited summary data is available for this year.$2.37$0.95$1.42$3.72$3.90$0.18
2012Summary only. Only limited summary data is available for this year.$3.00$1.68$1.32$3.59$3.62$0.03
2011Summary only. Only limited summary data is available for this year.$3.47$2.14$1.33$2.83$3.45$0.62