Irving Schools Foundation FY2020 filing

Tax-deductible

Irving, TX501(c)(3)EIN 75-2072755

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The Irving Schools Foundation provides financial resources to maximize educational opportunities for teachers and students in Irving isd by funding innovative programs, scholarships, and activities that enhance creativity, leadership, and academic success.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$189K 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

FY2020 · 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
3 of 5
filings with a surplus
Average surplus $97K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$189K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $154K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$145K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 33 voting members
Looks good: 33 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
Spent
$1.7M
To programs
85%
Net assets
$4.0M
By yearFY2020–FY2024
Revenue
$1.9M
FY2020
Revenue by fiscal year
FY2020$1.9M
FY2021$1.6M
FY2022$1.8M
FY2023$2.1M
FY2024$3.3M
Expenses
$1.7M
FY2020
Expenses by fiscal year
FY2020$1.7M
FY2021$1.4M
FY2022$2.1M
FY2023$2.4M
FY2024$2.7M
Net assets
$4.0M
FY2020
Net assets by fiscal year
FY2020$4.0M
FY2021$4.7M
FY2022$3.8M
FY2023$3.9M
FY2024$4.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 1986.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $1.5M Management & general 13% · $224K Fundraising 2% · $41K

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

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Who runs it and what they're paid

33 people listed on the 990; $189K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$189,441Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Crystal Scanio$193,265$170,091$180,048$177,399$189,441
Michael Huebner$12,000$12,000$12,000$13,000—

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.

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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

Funds innovative programs, scholarships, and activities to enhance student and teacher educational opportunities.

Provided by the organization

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1 program service account for $1.5M of program spending, described in the organization's own filed words · FY2020.
01

Food for thought to help ensure irving students are equipped for success, we team up with community businesses and organizations to collect and distribute food to irving isd students in need.

$1.5Mprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 11 funders →
Grants paid · 14 grants · $2.7M · 2020–2024
Unitemized GrantFY2024$489,973
Irving Independent School DistrictFY2024$312,209
Unitemized GrantFY2024$19,604
Unitemized GrantFY2023$360,159
Irving Independent School DistrictFY2023$231,915
Unitemized GrantFY2023$20,526
Unitemized GrantFY2023$900
Unitemized GrantFY2022$267,995
Irving Independent School DistrictFY2022$255,172
Unitemized GrantFY2022$19,554
Unitemized GrantFY2021$287,025
Irving Independent School DistrictFY2021$50,126
Unitemized GrantFY2021$19,512
Unitemized GrantFY2020$379,800

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.9M
Investment incomeLn 3$70K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.5M
Managementcol C$224K
Fundraisingcol D$41K
Owns and owesPt X
$4.0M
net assets · Ln 32
Cash and savingsLn 1–2$70K
Total assetsLn 16$4.2M
LiabilitiesLn 26$145K
PeoplePt VI, VII
33
listed · VII A
PaidVII A1
Voting boardVI 1a33
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Noncash giftsLn 1g$309K
Fundraising eventsLn 1c$8K
Investment incomeLn 3$70K
Gains on assetsLn 7−$13K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$70K
Cash and savings togetherLn 1–2$70K
InvestmentsLn 11–13$3.9M
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$4.2M
LiabilitiesLn 26$145K
Net assetsLn 32$4.0M
OperationsPt I, VI
EmployeesI 58
VolunteersI 6403
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$179K$70K
InvestmentsLn 11–13$3.4M$3.9M
Land, buildings, equipmentLn 10c$6K$4K
Total assetsLn 16$3.7M$4.2M
LiabilitiesLn 26$184K$145K
Net assetsLn 32$3.5M$4.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$444K$444K
Pay of current officers, directors and key staffLn 5$200K$160K$20K$20K
Other salaries and wagesLn 7$133K$84K$35K$14K
Payroll taxesLn 10$17K$12K$3K$2K
Accounting feesLn 11c$17K$17K
Investment management feesLn 11f$28K$28K
Other fees for servicesLn 11g$51K$6K$41K$3K
Advertising and promotionLn 12$19K$19K
Office expensesLn 13$27K$19$27K
Information technologyLn 14$20K$20K
TravelLn 17$195$195
Conferences, conventions and meetingsLn 19$10K$10K
InterestLn 20$268$268
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$770K$769K$867
Total functional expensesLn 25$1.7M$1.5M$224K$41K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.3M$2.7M$636K$4.8M 990 PDF
FY2023 $2.1M$2.4M−$267K$3.9M 990 PDF
FY2022 $1.8M$2.1M−$305K$3.8M 990 PDF
FY2021 $1.6M$1.4M$222K$4.7M 990 PDF
FY2020 Viewing $1.9M$1.7M$200K$4.0M 990 PDF

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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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $1,939,290 across 8 lines filed
VIII-1c Fundraising events$8,350
VIII-1f All other contributions, gifts and grants$1,861,336
VIII-1g Noncash contributions (included above)$309,283
VIII-1h Total contributions, gifts and grants$1,869,686
VIII-3 Investment incomeExcluded from tax $82,241$82,241
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$12,637−$12,637
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $69,604$1,939,290
Part IX · Statement of functional expenses $1,739,537 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $443,705$443,705
IX-5 Pay of current officers, directors and key staffPrograms $159,852 · Management $19,982 · Fundraising $19,981$199,815
IX-7 Other salaries and wagesPrograms $84,090 · Management $34,914 · Fundraising $14,481$133,485
IX-10 Payroll taxesPrograms $12,194 · Management $2,787 · Fundraising $2,439$17,420
IX-11c Accounting feesManagement $17,000$17,000
IX-11f Investment management feesManagement $27,947$27,947
IX-11g Other fees for servicesPrograms $6,067 · Management $41,143 · Fundraising $3,293$50,503
IX-12 Advertising and promotionManagement $18,842$18,842
IX-13 Office expensesPrograms $19 · Management $26,592$26,611
IX-14 Information technologyManagement $20,104$20,104
IX-17 TravelManagement $195$195
IX-19 Conferences, conventions and meetingsManagement $9,833$9,833
IX-20 InterestManagement $268$268
IX-22 Depreciation, depletion and amortizationManagement $2,339$2,339
IX-23 InsuranceManagement $1,696$1,696
IX-24 Other expenses (24a–d)Programs $768,907 · Fundraising $867$769,774
IX-25 Total functional expensesPrograms $1,474,834 · Management $223,642 · Fundraising $41,061$1,739,537
Part X · Balance sheet $4,154,295 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $178,738$69,580
X-3 Pledges and grants receivableStart of year $42,160$149,225
X-9 Prepaid expenses and deferred chargesStart of year $22,759$20,248
X-10c Land, buildings and equipment, netStart of year $6,020$4,337
X-11 Publicly traded securitiesStart of year $3,419,642$3,910,905
X-16 Total assetsStart of year $3,669,319$4,154,295
X-17 Accounts payable and accrued expensesStart of year $162,489$65,432
X-19 Deferred revenueStart of year $21,405$38,371
X-24 Unsecured notes and loans payable$40,700
X-26 Total liabilitiesStart of year $183,894$144,503
X-27 Net assets without donor restrictionsStart of year −$263,004−$185,393
X-28 Net assets with donor restrictionsStart of year $3,748,429$4,195,185
X-32 Total net assets or fund balancesStart of year $3,485,425$4,009,792
X-33 Total liabilities and net assetsStart of year $3,669,319$4,154,295
Part XI · Reconciliation of net assets $4,009,792 net assets at year end
XI-1 Total revenue$1,939,290
XI-2 Total expenses$1,739,537
XI-3 Revenue less expenses$199,753
XI-4 Net assets at start of year$3,485,425
XI-5 Net unrealized gains (losses) on investments$324,614
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,009,792

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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