2011-01-27T09:02:52-06:00 2010-08-31 LOVELADY CHRISTY ASSOCIATES 801 S FILLMORE ST STE 420 AMARILLO TX 79101 990 2009-09-01 752593684 DUMAS EDUCATION FOUNDATION INC DUMA 8069357919 P O BOX 615 DUMAS TX 790290615 JAMES ALLEN 8069357919 2011-02-01 true BRENDA KEENEY DEBONS 8063734884 2011-01-27 2009 2016-02-24 21:20:13Z JAMES ALLEN P O BOX 615 DUMAS TX 79029 213589 false X CLASSROOM.DUMAS-K12.NET/WEBS/DEF/ X 1994 TX TO PROVIDE GRANTS TO TEACHERS FOR NEW AND INNOVATIVE PROJECTS NOT FUNDED BY THE SCHOOL DISTRICT AND TO PROVIDE SCHOLARSHIPS TO STUDENTS IN THE SCHOOLS OF DUMAS, TEXAS. 22 22 1 0 106817 176755 0 41926 22489 23700 14345 172443 213589 0 0 7942 7105 0 9008 160725 173606 168667 180711 3776 32878 1335035 1374047 2961 5526 1332074 1368521 TO PROVIDE GRANTS TO TEACHERS FOR NEW AND INNOVATIVE PROJECTS NOT FUNDED BY THE SCHOOL DISTRICT AND TO PROVIDE SCHOLARSHIPS TO STUDENTS IN THE SCHOOLS OF DUMAS, TEXAS. false false 159026 TO PROMOTE EDUCATION IN DUMAS, TEXAS, BY AWARDING GRANTS TO TEACHERS AND SCHOLARSHIPS TO STUDENTS IN THE DUMAS INDEPENDENT SCHOOL SYSTEM. 159026 true true false false false false false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 0 0 1 true false false false false false 22 22 false false false false false true false true true false false true true true true false false true false false X JAMES R ALLEN 8069357919 P O BOX 537 DUMAS TX 790290537 X LAWRENCE BUSSARD X X 0 0 0 BRENDA RICE X X 0 0 0 CINDY POPE X X 0 0 0 JAMES ALLEN X X 0 0 0 BOB BRINKMAN X 0 0 0 SHERYL FRISCHE X 0 0 0 GENEVA SAENZ X 0 0 0 FLORA PARADES X 0 0 0 CAROL LEDBETTER X 0 0 0 TOM HIGLEY X 0 0 0 TERESA CHASTAIN X 0 0 0 BART TEMPLETON X 0 0 0 PATSY LONG X 0 0 0 SANDY WINKELMAN X 0 0 0 ANITA MCDOWELL X 0 0 0 TIM TROWBRIDGE X 0 0 0 BEN MAPLES X 0 0 0 DIANA DIAZ X 0 0 0 ANDREW MCMURRY X 0 0 0 GRACE CALVERT X 0 0 0 DARRELL WAIT X 0 0 0 WANDA BROOKS X 0 0 0 false false false 21166 6800 148789 1800 176755 22489 22489 21166 MEMORIAL PAVER BRICKS 14345 14345 14345 213589 36834 7105 7105 2950 2950 5586 5082 504 1800 1800 293 293 QUEST EDUCATION EXPENSES 113214 113214 SCHOLARSHIPS 30781 30781 TEACHER GRANTS 9949 9949 SUPPLIES 4064 4064 ADVERTISING 2753 2753 2216 25 2191 180711 159026 12677 9008 1237513 1114298 58385 3749 3513 530 236 88344 195412 8648 5716 1335035 1374047 146 4303 2815 1223 2961 5526 X -69700 -64996 1401774 1433517 1332074 1368521 1335035 1374047 X false true false X false X 174715 218859 155940 105017 176755 831286 1800 1800 1800 1800 1800 9000 176515 220659 157740 106817 178555 840286 840286 32723 48453 57306 41926 22489 202897 14345 14345 1057528 0.79460 0.81680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 1401774 149689 26048 143995 1433516 1402288 113854 19175 133543 1401774 1.00000 false false false 3749 3513 236 236 PAYROLL TAXES PAYABLE 673 ACCRUED WAGES 550 SCHOLARSHIPS PAYABLE 1223 213589 180711 32878 3569 3569 36447 217158 3569 3569 213589 213589 180711 180711 180711 ANNUAL AWARDS B 21166 21166 21166 21166 ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A BOARD MEMBERS ARE VOLUNTEERS WHO HAVE BEEN APPROVED FOR SERVICE BY THE BOARD OF DIRECTORS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 A COPY OF THIS RETURN IS PROVIDED TO THE TREASURER OF THE BOARD OF DIRECTORS AT THE BOARD OF DIRECTORS MEETING WHERE THE AUDIT REPORT IS PRESENTED. THE TREASURER, WHO IS A CPA, REVIEWS AND APPROVES THE TAX RETURN. AFTER HE HAS APPROVED THE TAX RETURN, THE TREASURER SIGNS THE AUTHORIZATION FOR ELECTRONIC FILING OF THE TAX RETURN AND RETURNS IT TO THE PREPARER. THE PREPARER FILES THE RETURN ELECTRONICALLY. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS AND EMPLOYEES MUST DISCLOSE THE EXISTENCE OF FINANCIAL INTERESTS AND ARE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE DIRECTOR AND MEMBERS OF THE BOARD. THE INTERESTED PARTY MAY NOT TAKE PART IN THE DISCUSSION OF THE CONFLICT. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE DETERMINES WHETHER DUMAS EDUCATION FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED BOARD MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN DUMAS EDUCATION FOUNDATION'S BEST INTEREST AND WHETHER IT IS FAIR AND REASONABLE. IF THE BOARD OF DIRECTORS DETERMINES THAT A BOARD MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD MAY TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL RECORDS ARE MAINTAINED AT THE OFFICE OF THE BOARD TREASURER AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER RECORDS, INCLUDING GOVERNING DOCUMENTS, ARE MAINTAINED AT THE OFFICE OF DUMAS EDUCATION FOUNDATION, INC. AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.