Civic Intelligence

Fact Education

EIN 82-2242610 • 501(c)3 • Royse City, TX

Pub. 78 Eligible990-N CoverageNTEE B03

Profile

The mission of the Foundation for Advancement of Career and Technical Education FACT Education is to support and promote the development of exceptional career and technical education programs that empower individuals with the skills knowledge and resources for successful employment and lifelong learning. FACT Education is committed to data-driven decisions advancing innovative practices advocating for equitable access to high-quality CTE opportunities fostering collaboration among industry leaders and educators and inspiring career exploration and readiness among students.

PO Box 371Royse City, TX 75189

www.facted.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

44th percentile

3.6%

Higher net margin than 44% of similar nonprofits.

NTEE B03 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

NTEE B03 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$8,045

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$8,045

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin44th percentile

Revenue

$174,844

No earlier filing loaded for comparison.

Expenses

$168,488

No earlier filing loaded for comparison.

Net Income

$6,356

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0Assets 2023: $8,045Net Assets 2023: $8,0452023

Highlighted filing

2023

Assets$8,045
Liabilities-
Net Assets$8,045
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2023: $174,844Expenses 2023: $168,488Net Income 2023: $6,3562023

Highlighted filing

2023

Revenue$174,844
Expenses$168,488
Net Income$6,356
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,045
Liabilities
-
Net assets
$8,045
Revenue
$174,844
Expenses
$168,488
Net income
$6,356
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.08$1.75$1.68$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Jan 18, 2024
Return Version
2022v5.0
Gross Receipts
$174,844
Mission and Program Overview

Mission

The mission of the Foundation for Advancement of Career and Technical Education FACT Education is to support and promote the development of exceptional career and technical education programs that empower individuals with the skills knowledge and resources for successful employment and lifelong learning. FACT Education is committed to data-driven decisions advancing innovative practices advocating for equitable access to high-quality CTE opportunities fostering collaboration among industry leaders and educators and inspiring career exploration and readiness among students.

Program Services

DescriptionGrantsExpenses
Summer Immersion for new students at Texas A&M University-Commerce related to work-based learning and career development$0$40,000
Forney - Farmersville ISD Project coordination related to career and technical education programming.$0$32,655
North Central Texas Interlink - Texas Regional Pathways Network - FACT Education was responsible for program =coordination for this education project throughout the fiscal year.$0$27,650
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Renda SongerExecutive DirectorPT$0--
Shelby HoneycuttAdvisory Council Member-$0--
Haley CrawfordAdvisory Council Member-$0--
Aleshia RiveraAdvisory Council Member-$0--
Kym HillAdvisory Council Member-$0--
Eric BattenAdvisory Council Member-$0--
Brent BlankenshipAdvisory Council Member-$0--
Sharonda PruittAdvisory Council Member-$0--
Filing and Contact Details

Filer

Filer Name
Fact Education
EIN
82-2242610
In Care Of
% Renda Songer
Address
PO BOX 371, Royse City, TX 75189

Signing Officer

Name
Renda Songer
Title
Executive Director
Signed
2024-01-18
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| TAMUC Summer Immersion - $40,000, $40000| North Central Texas Interlink Texas Regional Pathways Network Expense, $27650| Forney - Farmersville ISD Program Coordination, $32655|”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| TAMUC Summer Immersion - $40,000, $40000| North Central Texas Interlink Texas Regional Pathways Network Expense, $27650| Forney - Farmersville ISD Program Coordination, $32655|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/USAddress/ZIPCd075189
ReturnHeader/ReturnTs02024-01-18T06:22:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodEndDt02023-07-31
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