The Locker Foundation FY2022 filing

Tax-deductible

Georgetown, TX501(c)(3)EducationEIN 46-2239181

The locker educates and empowers youth, through service learning, to meet the needs of others in their community so that every child has a sense of normalcy.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$45K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $261K a year · 52% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$45K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 15.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $344
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$855K
+283% vs prior year
Spent
$242K
To programs
80%
Net assets
$807K
By yearFY2020–FY2024
Revenue
$855K
FY2022▲ +283%
Revenue by fiscal year
FY2020$209K
FY2021$223K
FY2022$855K
FY2023$931K
FY2024$271K
Expenses
$242K
FY2022▲ +38%
Expenses by fiscal year
FY2020$167K
FY2021$175K
FY2022$242K
FY2023$278K
FY2024$322K
Net assets
$807K
FY2022▲ +316%
Net assets by fiscal year
FY2020$146K
FY2021$194K
FY2022$807K
FY2023$1.5M
FY2024$1.5M

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $194K Management & general 20% · $48K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $45K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$45,000Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Karen Crosby’s $56K as Executive Di is at the 48th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Karen Crosby$56,211$48,269$45,000$34,039$29,327

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Locker Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Teaches youth to help others through service, ensuring every child feels normal.

Provided by the organization

This section is blank until The Locker Foundation claims this page.

Know this organization? Claim it to add your story

1 program service account for $194K of program spending, described in the organization's own filed words · FY2022.
01

The locker supports all 18 schools in gisd; providing support to students k-12. The locker foundation had more than 1,500 visits to lockers in gisd. These students were provided with clothing and shoes, school supplies, hygiene items, sleeping bags, etc.

$194Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$344

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$855K
Ln 12
Gifts and grantsLn 1h$756K
Other incomeLn 4–11$98K
Investment incomeLn 3$479
Money outPt IX
$242K
Ln 25
Programscol B$194K
Managementcol C$48K
Owns and owesPt X
$807K
net assets · Ln 32
Cash and savingsLn 1–2$309K
Total assetsLn 16$809K
LiabilitiesLn 26$2K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$756K
Noncash giftsLn 1g$46K
Fees for servicesLn 2g$197
Investment incomeLn 3$479
Other incomeLn 4–11$98K
Total revenueLn 12$855K
Assets in detailPt X, end of year
CashLn 1$309K
Cash and savings togetherLn 1–2$309K
InvestmentsLn 11–13$500K
Total assetsLn 16$809K
LiabilitiesLn 26$2K
Net assetsLn 32$807K
OperationsPt I, VI
EmployeesI 52
VolunteersI 6210
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$216K$309K
InvestmentsLn 11–13$500K
Total assetsLn 16$216K$809K
LiabilitiesLn 26$22K$2K
Net assetsLn 32$194K$807K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$91K$68K$23K
Payroll taxesLn 10$7K$5K$2K
Legal feesLn 11b$5K$5K
Office expensesLn 13$540$404$136
OccupancyLn 16$7K$6K$2K
TravelLn 17$135$135
InsuranceLn 23$3K$2K$692
Other expenses (24a–d)Ln 24$107K$103K$4K
All other expensesLn 24e$20K$9K$11K
Total functional expensesLn 25$242K$194K$48K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $271K$322K−$52K$1.5M 990 PDF
FY2023 $931K$278K$653K$1.5M 990 PDF
FY2022 Viewing $855K$242K$613K$807K 990 PDF
FY2021 $223K$175K$48K$194K 990 PDF
FY2020 $209K$167K$42K$146K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $854,712 across 7 lines filed
VIII-1f All other contributions, gifts and grants$756,356
VIII-1g Noncash contributions (included above)$45,727
VIII-1h Total contributions, gifts and grants$756,356
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $197$197
VIII-3 Investment incomeRelated to mission $479$479
VIII-8 Net income from fundraising events$97,680
VIII-12 Total revenueRelated to mission $676$854,712
Part IX · Statement of functional expenses $241,886 across 9 lines filed
IX-7 Other salaries and wagesPrograms $68,036 · Management $23,031$91,067
IX-10 Payroll taxesPrograms $5,218 · Management $1,767$6,985
IX-11b Legal feesManagement $5,174$5,174
IX-13 Office expensesPrograms $404 · Management $136$540
IX-16 OccupancyPrograms $5,571 · Management $1,886$7,457
IX-17 TravelManagement $135$135
IX-23 InsurancePrograms $2,045 · Management $692$2,737
IX-24 Other expenses (24a–d)Programs $103,323 · Management $4,000$107,323
IX-24e All other expensesPrograms $9,415 · Management $11,053$20,468
IX-25 Total functional expensesPrograms $194,012 · Management $47,874 · Fundraising $0$241,886
Part X · Balance sheet $809,256 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $215,631$309,256
X-11 Publicly traded securities$500,000
X-16 Total assetsStart of year $216,163$809,256
X-25 Other liabilitiesStart of year $22,069$2,336
X-26 Total liabilitiesStart of year $22,069$2,336
X-27 Net assets without donor restrictionsStart of year $194,094$806,920
X-32 Total net assets or fund balancesStart of year $194,094$806,920
X-33 Total liabilities and net assetsStart of year $216,163$809,256
Part XI · Reconciliation of net assets $806,920 net assets at year end
XI-1 Total revenue$854,712
XI-2 Total expenses$241,886
XI-3 Revenue less expenses$612,826
XI-4 Net assets at start of year$194,094
XI-10 Net assets at end of year$806,920

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.