Amarillo I S D Foundation FY2020 filing

Amarillo, TX · Public charity (501(c)(3)) · Education

✓ Tax-deductible
Revenue
$76K
Spent
$103K
To programs
38%
Net assets
$76K
By yearFY2020–FY2025
Revenue
$76K
FY2020
Revenue by fiscal year
FY2020$76K
FY2021$87K
FY2023$112K
FY2024$46K
FY2025$62K
Expenses
$103K
FY2020
Expenses by fiscal year
FY2020$103K
FY2021$92K
FY2023$143K
FY2024$52K
FY2025$89K
Net assets
$76K
FY2020
Net assets by fiscal year
FY2020$76K
FY2021$72K
FY2023$26K
FY2024$23K
FY2025−$4K

From the FY2020 Form 990 (year ending June 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CAmarillo I S D Foundation
EINHdr · item D75-2256608
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1989
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAmarillo, TX
NTEE classificationIRS BMFEducation (B20J)
WebsiteHdr · item Jwww.amarilloed.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.38 Management & general $0.61 Fundraising $0.01
Program services38%$39K
Management & general61%$63K
Fundraising1%$1K
Total functional expensesLn 25$103K

Financial health

Is it on solid ground?

Program efficiency
38%
of spending reaches programs
Operating runway
77.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$667K
FY2020
Total assets by fiscal year
FY2020$667K
FY2021$631K
FY2023$677K
FY2024$651K
FY2025$652K
Total liabilities
$591K
FY2020
Total liabilities by fiscal year
FY2020$591K
FY2021$559K
FY2023$651K
FY2024$628K
FY2025$656K
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$667K
Program-expense ratioPt IX · col B38%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Balance Sheet

Part X · end of year
CashLn 1$145K
Total assetsLn 16$667K
Total liabilitiesLn 26$591K
Total net assetsLn 32$76K
Months of cash on handcomputed16.9

Statement of Revenue

Part VIII
Other revenue$49K · 64%
Contributions & grants$27K · 36%
Other revenue64%$49K
Contributions & grants36%$27K
Investment income$220
— government grantsLn 1e$6K
Total revenueLn 12$76K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $667K · Operating expenses/yr $103K
77.7 months
Where the money goes
Program services
Program services $39K · Total expenses $103K
38%
Management & General
Management & general $63K · Total expenses $103K
61%
Fundraising
Fundraising $1K · Total expenses $103K
1%
Cost to raise $1
Fundraising expense $1K · Solicited contributions $21K
$0.05 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $27K · Total revenue $76K
36%
Government reliance
Government grants $6K · Total revenue $76K
8%
Earned-income share
Program service revenue $0 · Total revenue $76K
0%
Investment reliance
Investment income $220 · Total revenue $76K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $103K
0%
Growth & trend
Revenue growth (YoY)
This year $76K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $76K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $76K · Expenses $103K
-36%
Liabilities-to-Assets
Total liabilities — · Total assets $667K
—
Net-asset ratio
Net assets $76K · Total assets $667K
11%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $522K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $667K
78%
People & payroll
Highest Reported Total Compensation
Individual Susan Stevenson · Reported title Executive Director · Highest reported compensation $48K · Total expenses $103K
46%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $51K · Total expenses $103K
50%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 38%——
Overhead ratio 61%——
Fundraising cost ratio 4%——
Accounting fee ratio 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$47,741Pt VII · Sec A
President
$0Pt VII · Sec A
Co-Vice President
$0Pt VII · Sec A
Co-Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Susan Stevenson’s $36K as Executive Director is at the 82nd percentile of top reported officer pay among 146 <$100K 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

NameFY2024FY2023FY2021FY2020
Susan Stevenson$35,776$49,730$47,741$47,741

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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Governance & Policies

Part VI
  • 14Voting board membersPt VI · Ln 1a
  • 14Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Funds classroom grants for Amarillo Independent School District public schools.

Provided by the organization

This section is blank until Amarillo I S D Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $39K of program spending, described in the organization's own filed words · FY2019.
01

The foundation provided classroom enrichment and teacher assistance grants to AISD.

$39Kprogram 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
Total grants receivedfrom 2 funders$384K
Grants paid · 4 grants · $187K · 2019–2024
Amarillo IsdFY2024$20,112
Amarillo Ind School DistrictFY2022$81,871
Amarillo Ind School DistrictFY2020$42,510
Amarillo Ind School DistrictFY2019$42,510

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $62K$89K+34% 990 PDF
FY2024 $46K$52K-59% 990 PDF
FY2023 $112K$143K+28% 990 PDF
FY2022 Not on file
FY2021 $87K$92K+15% 990 PDF
FY2020 Viewing $76K$103K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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