CARROLL EDUCATION FOUNDATION INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CARROLL EDUCATION FOUNDATION INC (EIN 75-2638646)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-11-16
- IRS object ID
- 202023219349306452
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T08:29:07-08:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANA MCGUFFIN CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 231 E SOUTHLAKE BLVD STE 100 | AddressLine1Txt |
| City | SOUTHLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752638646 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Carroll Education Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARR | BusinessNameControlTxt |
| Phone | 8179497064 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 93041 | AddressLine1Txt |
| City | Southlake | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rebecca Hindman | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 8179497064 | PhoneNum |
| Signature | 2020-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Dana McGuffin CPA | PreparerPersonNm |
| PTIN | P00395459 | PTIN |
| Phone | 8174888939 | PhoneNum |
| Preparation | 2020-11-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | John Irvine | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 93041 | AddressLine1Txt |
| City | Southlake | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $668,135 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.southlakecef.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | To provide financial assistance to the teachers and students of the Carroll Independent School District. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $428,090 | PYContributionsGrantsAmt |
| CY Contributions Grants | $636,666 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $54,367 | PYInvestmentIncomeAmt |
| CY Investment Income | $28,973 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$46,311 | PYOtherRevenueAmt |
| CY Other Revenue | -$72,211 | CYOtherRevenueAmt |
| PY Total Revenue | $436,146 | PYTotalRevenueAmt |
| CY Total Revenue | $593,428 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $25,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $987,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $120,049 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $165,328 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $118,643 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $92,425 | PYOtherExpensesAmt |
| CY Other Expenses | $116,810 | CYOtherExpensesAmt |
| PY Total Expenses | $237,974 | PYTotalExpensesAmt |
| CY Total Expenses | $1,269,138 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $198,172 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$675,710 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,705,350 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,058,840 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $34,200 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,705,350 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,024,640 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To provide financial assistance to the teachers and students of the Carroll Independent School District. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,037,119 | ExpenseAmt |
| Grant | $965,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Carroll Education Foundation's Teacher Fund supports and highlights educators with broad parental, student, and community appeal across all 11 campuses. In particular we fund positions that are not required or supported by the State of Texas yet are critical to providing a superior education to our students. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $22,000 | ExpenseAmt |
| Grant | $22,000 | GrantAmt |
| Revenue | $7,000 | RevenueAmt |
| Desc | Carroll Education Foundation administers scholarships to be awarded to Carroll ISD high school seniors and alumni each year to further their education. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,059,119 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rebecca Hindman | PersonNm |
| Phone | 8179497064 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 93041 | AddressLine1Txt |
| City | Southlake | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| John Irvine | ||||||
| Chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Kathy Talley | ||||||
| Past President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Leslie Barrows | ||||||
| Vice Chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Robin Austin | ||||||
| Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Rebecca Hindman | ||||||
| Treasurer | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Theresa Wright | ||||||
| At Large | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Kathy Lanier | ||||||
| Executive Director | 40.00 | Yes (X) | $83,500 | $0 | $0 | |
| Gwen Baldwin | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Ed Bunner | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jessica Byrne | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mona Chavez | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Karl Chester | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Michelle Clay | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dwight Francis | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Eric Lannen | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Douglas Lies | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Tracey McDevitt | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Kirran Moss | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mary O'Toole | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Paulina Purnama Sehgal | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Leah Sandock | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Lynda Warner | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jackson Williams | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Sherri Williams | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Julie Doyle | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $83,500 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $48,949 | FundraisingAmt |
| All Other Contributions | $587,717 | AllOtherContributionsAmt |
| Noncash Contributions | $75,197 | NoncashContributionsAmt |
| Total Contributions | $636,666 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $56,009 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $56,009 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$27,036 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$27,036 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$27,036 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$27,036 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $48,949 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $74,707 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$74,707 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$74,707 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $2,496 | GamingGrossIncomeAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,496 | TotalRevenueColumnAmt |
| Exclusion | $2,496 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $593,428 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$43,238 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $965,000 | TotalAmt |
| Program Services | $965,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,000 | TotalAmt |
| Program Services | $22,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,500 | TotalAmt |
| Program Services | $20,875 | ProgramServicesAmt |
| Management And General | $33,400 | ManagementAndGeneralAmt |
| Fundraising | $29,225 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,000 | TotalAmt |
| Program Services | $17,500 | ProgramServicesAmt |
| Management And General | $28,000 | ManagementAndGeneralAmt |
| Fundraising | $24,500 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,828 | TotalAmt |
| Program Services | $2,957 | ProgramServicesAmt |
| Management And General | $4,731 | ManagementAndGeneralAmt |
| Fundraising | $4,140 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $750 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $750 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,021 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $6,021 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,762 | TotalAmt |
| Program Services | $6,762 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,967 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,967 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,000 | TotalAmt |
| Program Services | $10,000 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,335 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,335 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,397 | TotalAmt |
| Program Services | $14,025 | ProgramServicesAmt |
| Management And General | $1,947 | ManagementAndGeneralAmt |
| Fundraising | $3,425 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $806 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $806 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,788 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,788 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Bank Fees | $4,293 | $0 | $4,293 | $0 |
| Dues | $1,379 | $0 | $1,379 | $0 |
| Telephone | $660 | $0 | $660 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,652 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $299 | ManagementAndGeneralAmt |
| Fundraising | $57,353 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,269,138 | TotalAmt |
| Program Services | $1,059,119 | ProgramServicesAmt |
| Management And General | $91,376 | ManagementAndGeneralAmt |
| Fundraising | $118,643 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $268,648 | BOYAmt |
| EOY | $130,627 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,436,702 | BOYAmt |
| EOY | $928,213 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,705,350 | BOYAmt |
| EOY | $1,058,840 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $34,200 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $34,200 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,665,050 | BOYAmt |
| EOY | $1,012,840 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,300 | BOYAmt |
| EOY | $11,800 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,705,350 | BOYAmt |
| EOY | $1,024,640 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,705,350 | BOYAmt |
| EOY | $1,058,840 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$675,710 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $199,579 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $219,093 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $313,374 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $428,090 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $636,666 | CurrentTaxYearAmt |
| Total | $1,796,802 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $199,579 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $219,093 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $313,374 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $428,090 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $636,666 | CurrentTaxYearAmt |
| Total | $1,796,802 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,796,802 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $65,484 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $46,435 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $66,572 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,173 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,973 | CurrentTaxYearAmt |
| Total | $240,637 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $33,210 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,216 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $269 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,194 | CurrentTaxYearMinus1YearAmt |
| Total | $69,889 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,107,328 | TotalSupportAmt |
| Public Support CY170 | 0.85260 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72690 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Culinary Event | Event1Nm |
| Gross Receipts Event1 | $48,949 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $48,949 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $4,500 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $1,100 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $8,910 | OtherDirectExpensesEvent1Amt |
| Event2 | Raffle | Event2Nm |
| Gross Receipts Total | $48,949 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $48,949 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $4,500 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $1,100 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $8,910 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $14,510 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $34,439 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Carroll ISD | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2400 N Carroll Ave | AddressLine1Txt |
| City | Southlake | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 756005011 | RecipientEIN |
| Cash Grant | $965,000 | CashGrantAmt |
| Purpose Of Grant | Fund Teachers | PurposeOfGrantTxt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 11 | RecipientCnt |
| Cash Grant | $22,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I Line 2 | FormAndLineReferenceDesc |
| Explanation | The Carroll Independent School District collaborates with the organization on enrichment choices to ensure that Teacher Fund educators who are selected are not required or fully funded by the State of Texas. The collaboration includes input from the District, Carroll Education Foundation leadership, and Carroll Independent School District principals. The organization scholarship committee is made up of board members and meets once a year to select scholarship recipients from Carroll Independent School District's graduating seniors and alumini applicants. Each applicant is reviewed on several factors including merit, volunteer work, community involvement, extracurricular activities, teacher recommendations and community member recommendations. Each recipient receives a one-time $1000 or $2000 scholarship to the university or college of his/her choice. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Advertising | 1 | $10,000 | 1 |
| Yes (X) | Auction Items | 73 | $64,197 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 11b | The form 990 is prepared by an outside CPA firm. The Chair and Treasurer review the Form 990 upon completion. Upon their approval the return is prepared for signature by the CPA firm and the return is signed by the Chair. |
| Pt VI, Line 12c | Each director, principal officer, or any member with governing board delegated powers must disclose any existence of a financial interest to the Board of Directors or executive committee. The Board or executive committee will meet to discuss and vote to decide if a conflict of interest exists. The person with the potential conflict is to be recused from involvement in any discussion or decision for determining if the conflict exists. |
| Pt VI, Line 15a | The salary for the Executive Director was established by the board of directors using outside data. It is voted on by the board and documented in the minutes. |
| Pt VI, Line 19 | The organization's financial statements are made available to the public upon request. |
| Pt VI, Line 15b | No other officers or key employees of the organization are currently compensated. |
| Pt X | Line 24 represents the organization's loan under the Small Business Administration's Payroll Protetection Program. The organization intends to apply for forgiveness allowed under the program. |
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