Civic Intelligence

Bynum School Endowment Fund Management Inc

EIN 82-5321481 • 501(c)3 • Midland, TX

Profile

To oversee and manage the endowment funds invested for educational and charitable purposes of Bynum School. The organization shall make grants exclusively to or for the benefit of the School, the supported organization.

PO Box 80175Midland, TX 79708
Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

7th percentile

-49%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

49th percentile

4.3%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

17th percentile

-15%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$8,425,267

Up $680,102 (+8.8%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$8,425,267

Up $680,102 (+8.8%) from 2022

Revenue

Down

$272,653

Down $100,826 (-27%) from 2022

Expenses

Up

$405,485

Up $108,768 (+37%) from 2022

Net Income

Down

-$132,832

Down $209,594 (-273%) from 2022

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2020: $7,338,596Liabilities 2020: $0Net Assets 2020: $7,338,5962020Assets 2021: $8,942,522Liabilities 2021: $0Net Assets 2021: $8,942,5222021Assets 2022: $7,745,165Liabilities 2022: $0Net Assets 2022: $7,745,1652022Assets 2024: $8,425,267Liabilities 2024: $0Net Assets 2024: $8,425,2672024

Highlighted filing

2024

Assets$8,425,267
Liabilities$0
Net Assets$8,425,267

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $217,822Expenses 2020: $0Net Income 2020: $217,8222020Revenue 2021: $130,916Expenses 2021: $225,000Net Income 2021: -$94,0842021Revenue 2022: $373,479Expenses 2022: $296,717Net Income 2022: $76,7622022Revenue 2024: $272,653Expenses 2024: $405,485Net Income 2024: -$132,8322024

Highlighted filing

2024

Revenue$272,653
Expenses$405,485
Net Income-$132,832

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jun 12, 2025
Return Version
2023v6.0
Gross Receipts
$272,653
Mission and Program Overview

Mission

To oversee and manage the endowment funds invested for educational and charitable purposes of Bynum School. The organization shall make grants exclusively to or for the benefit of the School, the supported organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,932,013$8,425,267▲ $493,254
Total Assets$7,932,013$8,425,267▲ $493,254
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,932,013$8,425,267▲ $493,254
Total Net Assets Fund Balance$7,932,013$8,425,267▲ $493,254
Total Liabilities and Net Assets / Fund Balance$7,932,013$8,425,267▲ $493,254

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$7,932,013-▲ $898,739$405,485$8,425,267
2023$7,745,165-▲ $514,867$328,019$7,932,013
2022$8,942,522$100,000▼ $1,000,640$296,717$7,745,165
2021$7,338,596$250,000▲ $1,578,926$225,000$8,942,522
2020$5,144,027$1,750,000▲ $444,569-$7,338,596
Compensation and Service Providers

Employees

NameTitleOtherTotal
Keri St JohnExecutive director Bynum School$123,240$123,240

Board Members and Trustees

NameTitle
Robert HortonPresident
Cressinda HyattVice President
Ben FriedmanDirector
Michael HarrisSecretary
Trey Santa MariaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$272,653
Other Revenue
$0
Change in Net Assets
$-132,832

Audited Revenue Reconciliation

Revenue per Audited Statements
$272,653
Revenue Not Reported on Form 990
$626,086
Total Revenue per Audited Statements
$898,739
Total Revenue per Form 990
$272,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$405,485
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$405,485--$405,485
Total Functional Expenses$405,485$0$0$405,485

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$405,485
Total Expenses per Audited Statements$405,485
Total Expenses per Form 990$405,485
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bynum SchoolMidland, TX501c3-$405,485
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11B

The audited financial statements and the 990 are provided to the director of finance of Bynum School who distributes to the board members for review and approve prior to filing.

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

Board officers and directors sign a conflict of interest statement upon their election to the board. Potential conficts are disclosed and monitored during the voting of action items at all board meetings. Any members with a known or potential conflict abstain from voting.

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

The organization has no employees and does not pay compensation to any officers or directors. Bynum School, the related entity supported organization, compensates the executive director of the School as disclosed.

Form 990, Part VI, Section C, Line 19

The 990 is available upon request at the Bynum Schools administrative offices at 5100 Avalon Dr. Midland, TX 79707. It will also be published on guidestar.org. once filed.

Filing and Contact Details

Filer

Filer Name
Bynum School Endowment Fund Management Inc
EIN
82-5321481
Phone
4325200075
Address
PO Box 80175, Midland, TX 79708

Signing Officer

Name
Trey Santa Maria
Title
Treasurer
Phone
4325200075
Signed
2025-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trey Santa Maria
Formed
2017
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Randy Silhan CPA Cfe
Address
PO BOX 1341, WOLFFORTH, TX 79382
Preparer
Randy Silhan
Phone
4325800204
Supplemental Narrative

Financial Statement Notes

V 4

Endowment funds are invested with the intent of providing generating earnings and long term growth to support programs of the supported organization, Bynum School.for current and future generations.

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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part IV Section D Line 3 Bynum School, the supported organization has a significant voice in the management and use of the assets by having a director that serves on the board of the School who also serves on the board of the supporting organization. During this fiscal year, this member was Michael Harris. Other officers and board members of the School attend the regular board meetings of the supporting organization.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organizations activities directly further the exempt purpose of Bynum School, the supported organization by managing the exempt use endowment funds for the exclusive benefit of the School. The organization shall make grants to or for the benefit of the School at their discretion. The supporting organization adopted an investment policy and reviews monthly brokerage statements of the balances and approves investment transactions in compliance with the policy.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1School, the supported organization would normally appoint an investment committe to report to the board of directors to invest and manage the exempt use endowment funds for the exclusive benefit of the School in compiance with an approved investment policy. The activities of the supporting organizations involvement in managing and investing the endowment funds constitute these activities in which the School would normally be involved.
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IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0626086
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt0626086
IRS990ScheduleD/RevenueSubtotalAmt0272653
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment funds are invested with the intent of providing generating earnings and long term growth to support programs of the supported organization, Bynum School.for current and future generations.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0V 4
IRS990ScheduleD/TotalExpensesPerForm990Amt0405485
IRS990ScheduleD/TotalRevenuePerForm990Amt0272653
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0898739
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0405485
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0405485
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Educational programs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Bynum School
IRS990ScheduleI/RecipientTable/RecipientEIN0751932925
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 80175
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MIDLAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd079708
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Board approves and distributes funds in accordance with their investment policy in the form of grants tothesupportedorganization, Bynum School. Financial reports are available to the Board from the School
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The audited financial statements and the 990 are provided to the director of finance of Bynum School who distributes to the board members for review and approve prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board officers and directors sign a conflict of interest statement upon their election to the board. Potential conficts are disclosed and monitored during the voting of action items at all board meetings. Any members with a known or potential conflict abstain from voting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has no employees and does not pay compensation to any officers or directors. Bynum School, the related entity supported organization, compensates the executive director of the School as disclosed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is available upon request at the Bynum Schools administrative offices at 5100 Avalon Dr. Midland, TX 79707. It will also be published on guidestar.org. once filed.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a and 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0751932925
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Education for special needs persons
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0sec 170b1Aii
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05100 Avalon Dr
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Midland
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd079707
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0405485
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Grant distribution to the Schhol approved by the Board.
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BYNUM SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07932013
IRS990/TotalAssetsEOYAmt08425267
IRS990/TotalAssetsGrp/BOYAmt07932013
IRS990/TotalAssetsGrp/EOYAmt08425267
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0405485
IRS990/TotalFunctionalExpensesGrp/TotalAmt0405485
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07932013
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08425267
IRS990/TotalOtherCompensationAmt07325
IRS990/TotalProgramServiceExpensesAmt0405485
IRS990/TotalRevenueGrp/ExclusionAmt0272653
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0272653
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07932013
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08425267
IRS990/TotReportableCompRltdOrgAmt0115915
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 80175
IRS990/USAddress/CityNm0Midland
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079708
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TREY SANTA MARIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04325200075
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bynum School Endowment Fund Management Inc
ReturnHeader/Filer/BusinessNameControlTxt0BYNU
ReturnHeader/Filer/EIN0825321481
ReturnHeader/Filer/PhoneNum04325200075
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 80175
ReturnHeader/Filer/USAddress/CityNm0Midland

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