Civic Intelligence

Midway Isd Education Foundation Inc

990 • Fiscal year 2014 • EIN 74-2914982

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 05, 2015

13885 Woodway DriveWoodway, TX 76712

(254) 761-5614

Siviq Scores

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

Liabilities / Assets

46th percentile

0.08x

Higher debt load relative to assets than 46% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

73rd percentile

0.38x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

90th percentile

43%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

68th percentile

$95,284

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 28.9% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

61st percentile

8.5%

Faster revenue growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,557,805

Up $213,805 (+16%) from 2013

Net Assets

Up

$1,432,463

Up $206,251 (+17%) from 2013

Liabilities

Up

$125,342

Up $7,554 (+6.4%) from 2013

Revenue

Up

$329,352

Up $25,699 (+8.5%) from 2013

Expenses

Down

$187,066

Down $12,761 (-6.4%) from 2013

Net Income

Up

$142,286

Up $38,460 (+37%) from 2013

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 2010: $912,681Liabilities 2010: $92,548Net Assets 2010: $820,1332010Assets 2011: $937,617Liabilities 2011: $59,568Net Assets 2011: $878,0492011Assets 2012: $1,127,945Liabilities 2012: $106,683Net Assets 2012: $1,021,2622012Assets 2013: $1,344,000Liabilities 2013: $117,788Net Assets 2013: $1,226,2122013Assets 2014: $1,557,805Liabilities 2014: $125,342Net Assets 2014: $1,432,4632014Assets 2015: $1,639,459Liabilities 2015: $123,597Net Assets 2015: $1,515,8622015Assets 2016: $1,819,499Liabilities 2016: $169,265Net Assets 2016: $1,650,2342016Assets 2017: $2,104,217Liabilities 2017: $153,342Net Assets 2017: $1,950,8752017Assets 2018: $2,081,140Liabilities 2018: $165,210Net Assets 2018: $1,915,9302018Assets 2019: $2,631,947Liabilities 2019: $228,335Net Assets 2019: $2,403,6122019Assets 2020: $2,981,925Liabilities 2020: $268,452Net Assets 2020: $2,713,4732020Assets 2021: $3,423,272Liabilities 2021: $243,208Net Assets 2021: $3,180,0642021Assets 2022: $3,047,640Liabilities 2022: $170,613Net Assets 2022: $2,877,0272022Assets 2023: $3,713,178Liabilities 2023: $130,333Net Assets 2023: $3,582,8452023Assets 2024: $4,169,067Liabilities 2024: $4,713Net Assets 2024: $4,164,3542024

Highlighted filing

2014

Assets$1,557,805
Liabilities$125,342
Net Assets$1,432,463

Operations Trend

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

$600K$400K$200K$0Expenses 2010: $220,7392010Expenses 2011: $171,1382011Expenses 2012: $190,7662012Revenue 2013: $303,653Expenses 2013: $199,827Net Income 2013: $103,8262013Revenue 2014: $329,352Expenses 2014: $187,066Net Income 2014: $142,2862014Revenue 2015: $355,753Expenses 2015: $192,055Net Income 2015: $163,6982015Revenue 2016: $346,896Expenses 2016: $250,184Net Income 2016: $96,7122016Revenue 2017: $403,126Expenses 2017: $257,208Net Income 2017: $145,9182017Revenue 2018: $437,368Expenses 2018: $257,457Net Income 2018: $179,9112018Revenue 2019: $388,593Expenses 2019: $260,628Net Income 2019: $127,9652019Revenue 2020: $327,962Expenses 2020: $220,692Net Income 2020: $107,2702020Revenue 2021: $393,306Expenses 2021: $221,172Net Income 2021: $172,1342021Revenue 2022: $413,865Expenses 2022: $237,809Net Income 2022: $176,0562022Revenue 2023: $434,568Expenses 2023: $256,118Net Income 2023: $178,4502023Revenue 2024: $554,780Expenses 2024: $354,095Net Income 2024: $200,6852024

Highlighted filing

2014

Revenue$329,352
Expenses$187,066
Net Income$142,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 5, 2015
Return Version
2014v5.0
Gross Receipts
$394,421
Mission and Program Overview

Mission

The mission of the midway isd education foundation is to generate and distribute resources to the midway independent school district for creative or innovative programs and projects that enhance the quality of education for our students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$903,938$1,160,584▲ $256,646
Cash and Non-Interest-Bearing Accounts$365,116$296,160▼ $68,956
Pledges and Grants Receivable$74,946$101,061▲ $26,115
Total Assets$1,344,000$1,557,805▲ $213,805
Liabilities
Grants Payable$117,390$124,800▲ $7,410
Accounts Payable and Accrued Expenses$398$542▲ $144
Total Liabilities$117,788$125,342▲ $7,554
Net Assets / Fund Balance
Unrestricted Net Assets$1,159,195$1,355,776▲ $196,581
Temporarily Rstr Net Assets$67,017$76,687▲ $9,670
Total Net Assets Fund Balance$1,226,212$1,432,463▲ $206,251
Total Liabilities and Net Assets / Fund Balance$1,344,000$1,557,805▲ $213,805

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,083,860$89,246▲ $85,205-$1,257,831
2013$835,734$87,176▲ $160,950-$1,083,860
2012$679,595$87,176▲ $68,963-$835,734
2011$611,512$81,844▼ $13,761-$679,595
2010$489,143$88,234▲ $34,165-$611,542
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Susan Suzi PagelExecutive DirectorPT$95,284$95,284

Board Members and Trustees

NameTitle
Nancy GoodnightPast President
Brian BachikPresident
Craig CherryVice President Administrat
David SmithVice President Development
Gail BartayVice President Special Eve
Amanda StewartDirector
Betsy ReederDirector
Bob WoodardDirector
Bobby DeatonDirector
Dave DeaconsonDirector
Dr Leanne HowellDirector
Eric SheroDirector
Glenda StrumDirector
James RaineyDirector
Jeanette McknightDirector
Jim PeeveyDirector
Johnny MankinDirector
Kelly KunkaDirector
Kevin PoynterDirector
Kristen PoolDirector
Kyle CitranoDirector
Mark StrouseDirector
Matt RohreDirector
Maudie MonroeDirector
Stephanie KilgoreDirector
Tommy RossDirector
Trey HaginsDirector
Lisa LewisSecretary
Lisa SegersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$299,448
Program Service Revenue
$0
Investment Income
$26,832
Other Revenue
$3,072
All Other Contributions
$299,448
Change in Net Assets
$142,286

Noncash Contribution Practices

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

Audited Revenue Reconciliation

Revenue per Audited Statements
$329,352
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$113,340
Total Revenue per Audited Statements
$442,692
Total Revenue per Form 990
$329,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$127,374
Other Expenses$45,070
Salaries, Compensation, and Employee Benefits$14,622
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$118,530--$118,530
Office Expenses$15,707$8,103-$23,810
Other Salaries and Wages-$13,583-$13,583
Grants to Domestic Individuals$8,844--$8,844
Fees for Service Investment Mgmnt Fees-$5,077-$5,077
Advertising-$4,170-$4,170
Conferences and Meetings-$3,621-$3,621
Fees for Services Accounting-$3,295-$3,295
Other Expenses-$2,628-$2,628
Insurance-$1,355-$1,355
Travel-$1,114-$1,114
Payroll Taxes-$1,039-$1,039
Total Functional Expenses$143,081$43,985$0$187,066

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$236,441
Expenses per Audited Statements$187,066
Total Expenses per Form 990$187,066
Expenses Not Reported on Form 990$49,375
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Midway IsdWoodway, TX-TO ASSIST WITH EDUCTIONAL EXPENSES NOT PROVIDED FOR WITHIN THE MIDWAY ISD'S ANNUAL BUDGET. APPROXIMATELY 64 INSTRUCTORS WERE RECIPIENTS OF THE FUNDS IN 2014.$103,670
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,072
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
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
No
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
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 11

Executive director reviews the form 990 and a copy is disseminated to all board members for review prior to signing and filing.

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

Professional affiliations are monitored by the foundation exectutive director. If conflicts of interest are encountered, the executive committee reviews the situation for a potential conflict of interest and asks the director(s) involved to refrain from voting on any issues involving the company with which they are affiliated.

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

Administrative assistant's performance is reviewed by the executive director. The executive director recommends a salary to the executive committee, who votes. The executive director is paid and supervised by midway isd, not by the foundation.

Form 990, Part VI, Section C, Line 19

All documents are available to the public upon request.

Form 990, Part VII

Director jeanette mcknight is the teacher representative for related organization midway isd. She receives compensation from the school district for her services as an instructor only, not for her services as a director for the foundation.

Form 990, Part VII

Executive director susan (suzi) pagel serves as foundation director and as director of corporate and community development for midway isd. Ms. Pagel is paid 100% by the district for her services, but spends approximately 49% of her time serving as executive director of the foundation.

Filing and Contact Details

Filer

Filer Name
Midway Isd Education Foundation Inc
EIN
74-2914982
Phone
2547615614
Address
13885 WOODWAY DRIVE, WOODWAY, TX 76712

Signing Officer

Name
Susan Suzi Pagel
Title
Executive Director
Phone
2547615614
Signed
2015-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Suzi Pagel
Formed
1999
Legal Domicile
TX
Voting Board Members
29
Independent Board Members
29
Employees
1
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 oversight and selection process of the auditor has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

To provide funds for future program costs or to use earned interest to supplement annual income if needed.

PART X, LINE 2:

The foundation was granted tax-exempt status under section 501(c)(3) of the internal revenue code. Therefore, no provision for income taxes has been made in these financial statements. The foundation has been classified as a publicly supported organization, which is not a private foundation under section 509(a)(3) of the code.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Amount released from temporarily restricted net assets 32,092.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Amount released from temporarily restricted net assets 32,092.

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IRS990/Form990PartVIISectionAGrp/PersonNm22MATT ROHRE
IRS990/Form990PartVIISectionAGrp/PersonNm23TOMMY ROSS
IRS990/Form990PartVIISectionAGrp/PersonNm24ERIC SHERO
IRS990/Form990PartVIISectionAGrp/PersonNm25AMANDA STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm26MARK STROUSE
IRS990/Form990PartVIISectionAGrp/PersonNm27GLENDA STRUM
IRS990/Form990PartVIISectionAGrp/PersonNm28BOB WOODARD
IRS990/Form990PartVIISectionAGrp/PersonNm29SUSAN SUZI PAGEL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
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/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2974140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT ADMINISTRAT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT SPECIAL EVE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST PRESIDENT
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/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt03072
IRS990/GainOrLossGrp/SecuritiesAmt010581
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt029
IRS990/GrantAmt0111764
IRS990/GrantsPayableGrp/BOYAmt0117390
IRS990/GrantsPayableGrp/EOYAmt0124800
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt08844
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt08844
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0118530
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0118530
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt075650
IRS990/GrossReceiptsAmt0394421
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt029
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01355
IRS990/InsuranceGrp/TotalAmt01355
IRS990/InvestmentIncomeGrp/ExclusionAmt016251
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016251
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt065069
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE MIDWAY ISD EDUCATION FOUNDATION IS TO GENERATE AND DISTRIBUTE RESOURCES TO THE MIDWAY INDEPENDENT SCHOOL DISTRICT FOR CREATIVE OR INNOVATIVE PROGRAMS AND PROJECTS THAT ENHANCE THE QUALITY OF EDUCATION FOR OUR STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01226212
IRS990/NetAssetsOrFundBalancesEOYAmt01432463
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt010581
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt010581
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03072
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03072
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt063965
IRS990/NoncashContributionsAmt015415
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08103
IRS990/OfficeExpensesGrp/ProgramServicesAmt015707
IRS990/OfficeExpensesGrp/TotalAmt023810
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02628
IRS990/OtherExpensesGrp/TotalAmt02628
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013583
IRS990/OtherSalariesAndWagesGrp/TotalAmt013583
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01039
IRS990/PayrollTaxesGrp/TotalAmt01039
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt074946
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0101061
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SUSAN SUZI PAGEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SHOWCASE OF STARS ACADEMIC RECOGNITION BANQUET - HONORS THE HIGHEST-ACHIEVING SCHOLARS FROM THE CURRENT SENIOR CLASS. EACH STUDENT SELECTS A TEACHER FROM THE DISTRICT WHO HAS MADE THE BIGGEST IMPACT ON THEIR ACADEMIC SUCCESS. FIFTY SENIOR SCHOLARS WERE HONORED ALONG WITH THEIR SELECTED TEACHERS AT THE 2014 BANQUET.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022181
IRS990/ProgSrvcAccomActy2Grp/GrantAmt06766
IRS990/ProgSrvcAccomActy3Grp/Desc0ACADEMIC LETTER JACKETS - MIDWAY HIGH SCHOOL STUDENTS CAN LETTER IN ACADEMICS THROUGH THIS PROGRAM THAT HONORS STUDENTS WHO CONSISTENTLY ACHIEVE HIGH GRADE POINT AVERAGES. STUDENTS MAINTAINING A GPA OF 95 OR HIGHER FOR THREE CONSECUTIVE SEMESTERS RECEIVE AN ACADEMIC PATCH. STUDENTS QUALIFYING FOR THIS HONOR FIVE SEMESTERS IN A ROW MAY EARN ANOTHER PATCH OR A LETTER JACKET IF THEY DO NOT ALREADY OWN ONE. DURING 2014, 36 ACADEMIC LETTER JACKETS, 11 ACADEMIC BLANKETS, AND 235 ACADEMIC PATCHES WERE AWARDED.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04895
IRS990/ProgSrvcAccomActy3Grp/GrantAmt04895
IRS990/ProgSrvcAccomActyOtherGrp/Desc017 SCHOLARSHIPS WERE AWARDED TO INDIVIDUAL TEACHERS AND STUDENTS DURING THE YEAR.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03949
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt03949
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0265692
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0115545
IRS990/PYInvestmentIncomeAmt034690
IRS990/PYOtherExpensesAmt070280
IRS990/PYOtherRevenueAmt03271
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0103826
IRS990/PYSalariesCompEmpBnftPaidAmt014002
IRS990/PYTotalExpensesAmt0199827
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0303653
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0142286
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.16$0.55$0.35$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.71$0.13$3.58$0.43$0.26$0.18
2022Detailed filing. Detailed filing data is available for this year.$3.05$0.17$2.88$0.41$0.24$0.18
2021Detailed filing. Detailed filing data is available for this year.$3.42$0.24$3.18$0.39$0.22$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.98$0.27$2.71$0.33$0.22$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.63$0.23$2.40$0.39$0.26$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.08$0.17$1.92$0.44$0.26$0.18
2017Detailed filing. Detailed filing data is available for this year.$2.10$0.15$1.95$0.40$0.26$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.82$0.17$1.65$0.35$0.25$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.64$0.12$1.52$0.36$0.19$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.13$1.43$0.33$0.19$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.34$0.12$1.23$0.30$0.20$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.11$1.02$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.06$0.88$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.09$0.82$0.22