Civic Intelligence

Education Foundation for Waxahachie Independent School District

990 • Fiscal year 2020 • EIN 75-2804872

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 23, 2020

411 N Gibson StWaxahachie, TX 75165

(972) 923-4631

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

97th percentile

81%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

81st percentile

35%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-20%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,330,291

Up $343,282 (+35%) from 2019

Net Assets

Up

$1,330,194

Up $343,375 (+35%) from 2019

Liabilities

Down

$97

Down $93 (-49%) from 2019

Revenue

Down

$170,480

Down $42,075 (-20%) from 2019

Expenses

Down

$31,801

Down $69,966 (-69%) from 2019

Net Income

Up

$138,679

Up $27,891 (+25%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $405,398Liabilities 2011: $188Net Assets 2011: $405,2102011Assets 2012: $384,099Liabilities 2012: $159Net Assets 2012: $383,9402012Assets 2013: $438,989Liabilities 2013: $169Net Assets 2013: $438,8202013Assets 2014: $505,771Liabilities 2014: $53,913Net Assets 2014: $451,8582014Assets 2015: $526,531Liabilities 2015: $39,742Net Assets 2015: $486,7892015Assets 2016: $559,488Liabilities 2016: $0Net Assets 2016: $559,4882016Assets 2017: $739,351Liabilities 2017: $0Net Assets 2017: $739,3512017Assets 2018: $852,062Liabilities 2018: $562Net Assets 2018: $851,5002018Assets 2019: $987,009Liabilities 2019: $190Net Assets 2019: $986,8192019Assets 2020: $1,330,291Liabilities 2020: $97Net Assets 2020: $1,330,1942020Assets 2021: $1,481,429Liabilities 2021: $230Net Assets 2021: $1,481,1992021Assets 2022: $1,538,017Liabilities 2022: $79Net Assets 2022: $1,537,9382022Assets 2023: $1,583,809Liabilities 2023: $132Net Assets 2023: $1,583,6772023Assets 2024: $1,916,755Liabilities 2024: $98Net Assets 2024: $1,916,6572024

Highlighted filing

2020

Assets$1,330,291
Liabilities$97
Net Assets$1,330,194

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $67,8142011Revenue 2012: $91,863Expenses 2012: $115,236Net Income 2012: -$23,3732012Expenses 2013: $85,2662013Revenue 2014: $85,922Expenses 2014: $72,888Net Income 2014: $13,0342014Revenue 2015: $103,595Expenses 2015: $62,547Net Income 2015: $41,0482015Revenue 2016: $112,800Expenses 2016: $60,528Net Income 2016: $52,2722016Revenue 2017: $207,332Expenses 2017: $72,859Net Income 2017: $134,4732017Revenue 2018: $162,487Expenses 2018: $103,005Net Income 2018: $59,4822018Revenue 2019: $212,555Expenses 2019: $101,767Net Income 2019: $110,7882019Revenue 2020: $170,480Expenses 2020: $31,801Net Income 2020: $138,6792020Revenue 2021: $219,085Expenses 2021: $99,613Net Income 2021: $119,4722021Revenue 2022: $220,735Expenses 2022: $116,659Net Income 2022: $104,0762022Revenue 2023: $156,314Expenses 2023: $196,466Net Income 2023: -$40,1522023Revenue 2024: $449,541Expenses 2024: $227,809Net Income 2024: $221,7322024

Highlighted filing

2020

Revenue$170,480
Expenses$31,801
Net Income$138,679
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 23, 2020
Return Version
2019v5.0
Gross Receipts
$180,305
Mission and Program Overview

Mission

The mission of the education foundation for wisd is to enhance the quality of educational opportunities in the waxahachie independent school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$986,819$1,330,194▲ $343,375
Investments in Publicly Traded Securities$864,303$1,090,943▲ $226,640
Savings and Temporary Cash Investments$81,099$167,691▲ $86,592
Cash and Non-Interest-Bearing Accounts$41,607$71,657▲ $30,050
Total Assets$987,009$1,330,291▲ $343,282
Liabilities
Accounts Payable and Accrued Expenses$190$97▼ $93
Total Liabilities$190$97▼ $93
Net Assets / Fund Balance
Total Net Assets Fund Balance$986,819$1,330,194▲ $343,375
Total Liabilities and Net Assets / Fund Balance$987,009$1,330,291▲ $343,282

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$3,140$3,140

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$15,660$100▲ $619-$15,879
2018$15,459$100▲ $604-$15,660
2017$15,294$100▲ $565-$15,459
2016$15,165$100▲ $539-$15,294
2015$17,790$100▲ $525-$15,165
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$148,425
Program Service Revenue
$0
Investment Income
$28,856
Other Revenue
$-6,801
All Other Contributions
$115,024
Change in Net Assets
$138,679
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$23,429
Other Expenses$5,175
Salaries, Compensation, and Employee Benefits$3,197
Total Fundraising Expense$1,849
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$23,429--$23,429
Other Salaries and Wages-$2,970-$2,970
Fees for Services Accounting-$1,125-$1,125
Fees for Services Other-$693-$693
Information Technology-$378-$378
Office Expenses-$301-$301
Payroll Taxes-$227-$227
Other Expenses-$105$1,849$105
All Other Expenses-$54-$54
Insurance-$40-$40
Total Functional Expenses$23,429$6,523$1,849$31,801
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,825
Fundraising Gross Income$6,778
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Employee Fund D$33,401-$9,353-
Total Events$33,401-$9,353$-9,353
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
Business relationship with 35% controlled entity
No
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, Page 6, Part VI, Line 11B

The board is given a copy of the return for their review.

Form 990, Page 6, Part VI, Line 12C

There are no voting rights if the director's spouse is a teacher. Services and items cannot be purchased from board members. These are monitored regularly.

Form 990, Page 6, Part VI, Line 19

UPON WRITTEN REQUEST.

Filing and Contact Details

Filer

Filer Name
Education Foundation for
EIN
75-2804872
Address
411 N GIBSON ST, WAXAHACHIE, TX 75165

Signing Officer

Name
Adrian Sanchez
Title
Member
Phone
9729382555
Signed
2020-12-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenny Seymore
Formed
1998
Legal Domicile
TX
Voting Board Members
21
Independent Board Members
21
Employees
1
Volunteers
21

Preparer

Firm
Grant & Weedon Cpas Pc
Address
617 FERRIS AVENUE, WAXAHACHIE, TX 75165-3000
Preparer
Martha K Weedon
Phone
9729231590
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Unrealized gains from fmv adj of securities 204,700 non deductible k1 passthrough exp -4 total 204,696

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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/OtherExpensesGrp/Desc3COMPUTER SOFTWARE
IRS990/OtherExpensesGrp/FundraisingAmt01849
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0400
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1230
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2105
IRS990/OtherExpensesGrp/TotalAmt01849
IRS990/OtherExpensesGrp/TotalAmt1400
IRS990/OtherExpensesGrp/TotalAmt2230
IRS990/OtherExpensesGrp/TotalAmt3105
IRS990/OtherOrganizationDsc0FOUNDATION
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/BusinessCd2525990
IRS990/OtherRevenueMiscGrp/Desc0ENTERPRISE PRODUCTS PT LP
IRS990/OtherRevenueMiscGrp/Desc1HOLLY ENERGY PARTNERS, LP
IRS990/OtherRevenueMiscGrp/Desc2ENTERPRISE PRODUCTS PT LP
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-28
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-602
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-3124
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-28
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1-602
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt2-3124
IRS990/OtherRevenueTotalAmt0-3754
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02970
IRS990/OtherSalariesAndWagesGrp/TotalAmt02970
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0227
IRS990/PayrollTaxesGrp/TotalAmt0227
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JENNY SEYMORE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0DUAL CREDIT SCHOLARSHIPS WITH NAVARRO COMMUNITY COLLEGE FOR 6 WISD STUDENTS. THE STUDENTS ATTEND CLASSES AT THE COLLEGE AND RECEIVE CREDITS TOWARD GRADUATION FOR HIGH SCHOOL PLUS THEY GET COLLEGE LEVEL CREDIT. THIS PROGRAM ALLOWS THE STUDENT TO GET A HEADSTART ON HIS/HER COLLEGE DEGREE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04399
IRS990/ProgSrvcAccomActy2Grp/GrantAmt04399
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt099750
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt086949
IRS990/PYInvestmentIncomeAmt064721
IRS990/PYOtherExpensesAmt010424
IRS990/PYOtherRevenueAmt048084
IRS990/PYRevenuesLessExpensesAmt0110788
IRS990/PYSalariesCompEmpBnftPaidAmt04394
IRS990/PYTotalExpensesAmt0101767
IRS990/PYTotalRevenueAmt0212555
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0138679
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0986819
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01330194
IRS990/SavingsAndTempCashInvstGrp/BOYAmt081099
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0167691
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0148425
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt099750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt064143
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0143439
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt045169
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0500926
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt028010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt024292
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017219
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013314
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt082835
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt034130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0111403
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0121193
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt094137
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt093618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0454481
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt028010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt024292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017219
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013314
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt082835
IRS990ScheduleA/InvestmentIncomeCYPct00.08000
IRS990ScheduleA/InvestmentIncomePYPct00.10000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92020
IRS990ScheduleA/PublicSupportPY509Pct00.90370
IRS990ScheduleA/PublicSupportTotal509Amt0955407
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0182555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0211153
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0185336
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0237576
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0138787
IRS990ScheduleA/Total509Grp/TotalAmt0955407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0182555
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0239163
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0209628
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0254795
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0152101
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01038242
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt015660
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt015879
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0500
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0619
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt03
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt015459
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt015660
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0604
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0172
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt015294
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt015459
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0565
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0134
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt015165
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt015294
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0500

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.45$0.23$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.16$0.20$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.22$0.12$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.22$0.10$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.17$0.03$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.21$0.10$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.16$0.10$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.21$0.07$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.11$0.06$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.04$0.49$0.10$0.06$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.05$0.45$0.09$0.07$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.09
2012Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.09$0.12$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.07