Civic Intelligence

Waco Isd Education Foundation

990 • Fiscal year 2017 • EIN 74-2728765

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

Organization ProfileWWW.WACOISDFOUNDATION.ORG
P O Box 2369Waco, TX 76703

(254) 755-9435

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

Higher debt load relative to assets than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.28x

Higher debt load relative to revenue than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

97th percentile

80%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

48th percentile

$57,661

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

170%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$4,569,566

Up $664,488 (+17%) from 2016

Net Assets

Up

$4,401,109

Up $680,205 (+18%) from 2016

Liabilities

Down

$168,457

Down $15,717 (-8.5%) from 2016

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin97th percentile

Revenue

Up

$598,921

Up $376,825 (+170%) from 2016

Expenses

Up

$119,760

Up $23,907 (+25%) from 2016

Net Income

Up

$479,161

Up $352,918 (+280%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,870,238Liabilities 2010: $61,335Net Assets 2010: $2,808,9032010Assets 2011: $2,666,544Liabilities 2011: $116,704Net Assets 2011: $2,549,8402011Assets 2012: $3,052,621Liabilities 2012: $128,419Net Assets 2012: $2,924,2022012Assets 2013: $3,487,895Liabilities 2013: $104,519Net Assets 2013: $3,383,3762013Assets 2014: $3,574,176Liabilities 2014: $123,585Net Assets 2014: $3,450,5912014Assets 2015: $3,610,009Liabilities 2015: $189,582Net Assets 2015: $3,420,4272015Assets 2016: $3,905,078Liabilities 2016: $184,174Net Assets 2016: $3,720,9042016Assets 2017: $4,569,566Liabilities 2017: $168,457Net Assets 2017: $4,401,1092017Assets 2018: $4,233,022Liabilities 2018: $105,195Net Assets 2018: $4,127,8272018Assets 2019: $4,965,568Liabilities 2019: $164,997Net Assets 2019: $4,800,5712019Assets 2020: $5,509,813Liabilities 2020: $287,407Net Assets 2020: $5,222,4062020Assets 2021: $6,129,404Liabilities 2021: $234,531Net Assets 2021: $5,894,8732021Assets 2022: $5,243,333Liabilities 2022: $248,077Net Assets 2022: $4,995,2562022Assets 2023: $5,959,042Liabilities 2023: $231,483Net Assets 2023: $5,727,5592023Assets 2024: $6,861,065Liabilities 2024: $254,625Net Assets 2024: $6,606,4402024

Highlighted filing

2017

Assets$4,569,566
Liabilities$168,457
Net Assets$4,401,109
Open 2017 Filing

Operations Trend

Revenue Growth95th percentile

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

$800K$600K$400K$200K$0Expenses 2010: $393,9012010Expenses 2011: $201,8272011Expenses 2012: $199,1012012Revenue 2013: $478,093Expenses 2013: $156,198Net Income 2013: $321,8952013Revenue 2014: $327,431Expenses 2014: $140,928Net Income 2014: $186,5032014Revenue 2015: $487,552Expenses 2015: $190,698Net Income 2015: $296,8542015Revenue 2016: $222,096Expenses 2016: $95,853Net Income 2016: $126,2432016Revenue 2017: $598,921Expenses 2017: $119,760Net Income 2017: $479,1612017Revenue 2018: $330,349Expenses 2018: $201,041Net Income 2018: $129,3082018Revenue 2019: $422,296Expenses 2019: $192,760Net Income 2019: $229,5362019Revenue 2020: $743,546Expenses 2020: $222,421Net Income 2020: $521,1252020Revenue 2021: $766,056Expenses 2021: $249,032Net Income 2021: $517,0242021Revenue 2022: $397,562Expenses 2022: $290,449Net Income 2022: $107,1132022Revenue 2023: $353,927Expenses 2023: $257,943Net Income 2023: $95,9842023Revenue 2024: $744,594Expenses 2024: $231,749Net Income 2024: $512,8452024

Highlighted filing

2017

Revenue$598,921
Expenses$119,760
Net Income$479,161
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$660,974
Mission and Program Overview

Mission

The waco isd education foundation strives to fund creative, educational programs and projects not covered by school budgets or tax dollars, thus our motto, "raising the power of education!" more than 93% of all foundation expenses fund waco isd classroom grants and student scholarships. The foundation was founded for the purpose of receiving and disbursing funds, property and gifts of any kind exclusively for the benefit of the waco independent school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,636,346$4,215,672▲ $579,326
Cash and Non-Interest-Bearing Accounts$222,429$306,643▲ $84,214
Accounts Receivable$33,875$32,250▼ $1,625
Savings and Temporary Cash Investments$12,428$12,506▲ $78
Prepaid Expenses and Deferred Charges-$2,495-
Total Assets$3,905,078$4,569,566▲ $664,488
Liabilities
Grants Payable$118,549$115,457▼ $3,092
Deferred Revenue$65,625$40,250▼ $25,375
Accounts Payable and Accrued Expenses-$12,750-
Total Liabilities$184,174$168,457▼ $15,717
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,177,846$2,177,846→ $0
Temporarily Rstr Net Assets$889,801$1,429,845▲ $540,044
Unrestricted Net Assets$653,257$793,418▲ $140,161
Total Net Assets Fund Balance$3,720,904$4,401,109▲ $680,205
Total Liabilities and Net Assets / Fund Balance$3,905,078$4,569,566▲ $664,488

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$4,215,672--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,636,345-▲ $606,575-$4,215,672
2016$3,301,817$109,000▲ $254,124-$3,636,345
2015$3,380,149$18,102▼ $66,799-$3,301,817
2014$3,333,827$125▲ $75,245-$3,380,149
2013$2,767,719$144,706▲ $444,618-$3,333,827
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Lara RobertsonExecutive DirectorPT$57,661$57,661

Board Members and Trustees

NameTitle
Taylor BledsoeChair
Andrea BarefieldPast Chair
Gretchen EichenburgVice Chair
Aimee Phipps-woodDirector
Allen SykesDirector
Belinda RubioDirector
Bill ShepardDirector
Charlotte HendersonDirector
Deborah DegraffDirector
Dr Karen HassellDirector
Dudley HaasDirector
James VillaDirector
Jim PattonDirector
Julie CarlsonDirector
Karyn MillerDirector
Kim KlarasDirector
Kim ZanderDirector
Lisa SaxenianDirector
Mandi DupuyDirector
Maryann RiggsDirector
Rachel WildeDirector
Roman NovianDirector
Dr a Marcus NelsonSecretary
Steve MyattTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$113,965
Program Service Revenue
$0
Investment Income
$385,902
Other Revenue
$99,054
All Other Contributions
$37,408
Change in Net Assets
$479,161

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table5$34,114Fair Market Value (FMV)
Total Noncash Contributions5$34,114-

Audited Revenue Reconciliation

Revenue per Audited Statements
$571,673
Revenue Not Reported on Financial Statements
$27,248
Revenue Not Reported on Form 990
$222,042
Other Revenue Adjustments
$6,250
Total Revenue per Audited Statements
$793,715
Total Revenue per Form 990
$598,921
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$104,417
Other Expenses$15,343
Total Fundraising Expense$2,765
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$98,167--$98,167
Grants to Domestic Individuals$6,250--$6,250
Office Expenses$1,524$1,737$2,765$6,026
Fees for Services Accounting-$5,400-$5,400
Advertising-$1,295-$1,295
Conferences and Meetings-$1,238-$1,238
Insurance-$1,204-$1,204
Other Expenses-$180-$180
Total Functional Expenses$105,941$11,054$2,765$119,760

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$119,760
Expenses per Audited Statements$113,510
Total Expenses per Audited Statements$113,510
Expenses Not Reported on Financial Statements$6,250
Other Expense Adjustments$6,250
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Waco IsdWaco, TX-To Assist With Non Budgeted District Expenses$98,167
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$161,107
Fundraising Direct Expenses$62,053
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Celebrity Cook Off$195,221$161,107$50,033$111,074
Staff Drive$42,443---
Total Events$237,664$161,107$62,053$99,054
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 executive committee of the board of directors reviews the form 990 before filing.”

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

“Annual discussion and signature required on conflict of interest statement”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Waco Isd Education Foundation
EIN
74-2728765
Phone
2547559435
Address
P O BOX 2369, WACO, TX 76703

Signing Officer

Name
Steve Myatt
Title
Treasurer
Phone
2547559435
Signed
2018-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Myatt
Formed
1994
Legal Domicile
TX
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
35

Preparer

Firm
Pattillo Brown & Hill Llp
Address
P O BOX 20725, WACO, TX 76702-0725
Preparer
Sharon M Herwald CPA
Phone
2547724901
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year”

Financial Statement Notes

PART V, LINE 4:

“To generate sufficient earnings to provide 1) college scholarships to graduates of waco isd and 2) grants for waco isd classrooms.”

PART X, LINE 2:

“The foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code. The foundation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The foundation's federal returns of organization exempt from income tax (form 990) for the prior three years are subject to examination by the irs, generally for three years after they were filed.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Hurd scholarship offset against change in interest in audit 6,250.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Hurd scholarship offset against change in interest in audit 6,250.”

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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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IRS990/ActivityOrMissionDesc0THE WACO ISD EDUCATION FOUNDATION STRIVES TO FUND CREATIVE, EDUCATIONAL PROGRAMS AND PROJECTS NOT COVERED BY SCHOOL BUDGETS OR TAX DOLLARS, THUS OUR MOTTO, "RAISING THE POWER OF EDUCATION!" MORE THAN 93% OF ALL FOUNDATION EXPENSES FUND WACO ISD CLASSROOM GRANTS AND STUDENT SCHOLARSHIPS. THE FOUNDATION WAS FOUNDED FOR THE PURPOSE OF RECEIVING AND DISBURSING FUNDS, PROPERTY AND GIFTS OF ANY KIND EXCLUSIVELY FOR THE BENEFIT OF THE WACO INDEPENDENT SCHOOL DISTRICT.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2453452
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt076557
IRS990/FundraisingDirectExpensesAmt062053
IRS990/FundraisingGrossIncomeAmt0161107
IRS990/GainOrLossGrp/SecuritiesAmt0339602
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantAmt098167
IRS990/GrantsPayableGrp/BOYAmt0118549
IRS990/GrantsPayableGrp/EOYAmt0115457
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt06250
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt06250
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt098167
IRS990/GrantsToDomesticOrgsGrp/TotalAmt098167
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0339602
IRS990/GrossReceiptsAmt0660974
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01204
IRS990/InsuranceGrp/TotalAmt01204
IRS990/InvestmentExpenseAmt0-20998
IRS990/InvestmentIncomeGrp/ExclusionAmt046300
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046300
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03636346
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04215672
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WACO ISD EDUCATION FOUNDATION STRIVES TO FUND CREATIVE, EDUCATIONAL PROGRAMS AND PROJECTS NOT COVERED BY SCHOOL BUDGETS OR TAX DOLLARS, THUS OUR MOTTO, "RAISING THE POWER OF EDUCATION!" MORE THAN 93% OF ALL FOUNDATION EXPENSES FUND WACO ISD CLASSROOM GRANTS AND STUDENT SCHOLARSHIPS. THE FOUNDATION WAS FOUNDED FOR THE PURPOSE OF RECEIVING AND DISBURSING FUNDS, PROPERTY AND GIFTS OF ANY KIND EXCLUSIVELY FOR THE BENEFIT OF THE WACO INDEPENDENT SCHOOL DISTRICT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03720904
IRS990/NetAssetsOrFundBalancesEOYAmt04401109
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0339602
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0339602
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt099054
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt099054
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0222042
IRS990/NoncashContributionsAmt034114
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt02765
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01737
IRS990/OfficeExpensesGrp/ProgramServicesAmt01524
IRS990/OfficeExpensesGrp/TotalAmt06026
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0180
IRS990/OtherExpensesGrp/TotalAmt0180
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02177846
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02177846
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02495
IRS990/PrincipalOfficerNm0STEVE MYATT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS ARE AN OPPORTUNITY TO RECOGNIZE STUDENTS FOR THEIR ACADEMIC ACHIEVEMENTS, LEADERSHIP AND COMMUNITY INVOLVEMENT AS WELL AS A CONDUIT TO PROVIDE HIGHER EDUCATION OPPORTUNIIES. SCHOLARSHIPS ARE ALSO A GREAT MEMORIAL TO LOVED ONES AND PROVIDE A LASTING LEGACY. TO DATE, THE FOUNDATION HAS AWARDED $291,250 IN SCHOLARSHIPS TO WACO ISD GRADUATES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06250
IRS990/ProgSrvcAccomActy2Grp/GrantAmt06250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt058072
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt082755
IRS990/PYInvestmentIncomeAmt038049
IRS990/PYOtherExpensesAmt013098
IRS990/PYOtherRevenueAmt0125975
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0126243
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt095853
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0222096
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0479161
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012428
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0275072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt058072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0140006
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0178626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0182624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0834400
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046300
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033986
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt030459
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt042469
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0186235
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81750
IRS990ScheduleA/PublicSupportPY170Pct00.82760
IRS990ScheduleA/PublicSupportTotal170Amt0834400
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0275072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt058072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0140006
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0178626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0182624
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0834400
IRS990ScheduleA/TotalSupportAmt01020635
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt020998
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03636345
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04215672
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt06250
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0606575
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt019846

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,569,566
Liabilities
$168,457
Net assets
$4,401,109
Revenue
$598,921
Expenses
$119,760
Net income
$479,161
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.86$0.25$6.61$0.74$0.23$0.51
2023Detailed filing. Detailed filing data is available for this year.$5.96$0.23$5.73$0.35$0.26$0.10
2022Detailed filing. Detailed filing data is available for this year.$5.24$0.25$5.00$0.40$0.29$0.11
2021Detailed filing. Detailed filing data is available for this year.$6.13$0.23$5.89$0.77$0.25$0.52
2020Detailed filing. Detailed filing data is available for this year.$5.51$0.29$5.22$0.74$0.22$0.52
2019Detailed filing. Detailed filing data is available for this year.$4.97$0.16$4.80$0.42$0.19$0.23
2018Detailed filing. Detailed filing data is available for this year.$4.23$0.11$4.13$0.33$0.20$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.57$0.17$4.40$0.60$0.12$0.48
2016Detailed filing. Detailed filing data is available for this year.$3.91$0.18$3.72$0.22$0.10$0.13
2015Detailed filing. Detailed filing data is available for this year.$3.61$0.19$3.42$0.49$0.19$0.30
2014Detailed filing. Detailed filing data is available for this year.$3.57$0.12$3.45$0.33$0.14$0.19
2013Detailed filing. Detailed filing data is available for this year.$3.49$0.10$3.38$0.48$0.16$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$0.13$2.92$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.12$2.55$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.06$2.81$0.39