The Galloway School FY2023 filing

Tax-deductible

Friendswood, TX501(c)(3)EIN 76-0404883Revenue $2.7M in FY2023

On file with the IRS3200 W Bay Area Blvd, 77546-5056 · Friendswood, TXTax-exempt since Sep 1993School — 170(b)(1)(A)(ii)

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The mission of the Galloway School, the premier private school in academic excellence and character development in the Bay Area, is to maximize students intellectual abilities and personal talents as they develop into passionate, dedicated global citizens through a nurturing Christian environment, distinguished by a challenging curriculum and innovative resources ignited by exceptional instruction and supportive families.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
$126K 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

FY2023 · 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
5 of 5
filings with a surplus
Average surplus $379K a year · 12% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$126K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $5.5M
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$498K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
-19% vs prior year
Spent
$2.6M
To programs
56%
Net assets
$7.0M
By yearFY2020–FY2024
Revenue
$2.7M
FY2023▼ -19%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.4M
FY2021$2.9M
FY2022$3.3M
FY2023$2.7M
FY2024$3.0M
FY2024$2.4M
Expenses
$2.6M
FY2023▲ +0.7%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.6M
FY2021$2.9M
FY2022$2.6M
FY2023$2.6M
FY2024$2.7M
FY2024$2.8M
Net assets
$7.0M
FY2023▲ +0.7%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.2M
FY2021$6.3M
FY2022$7.0M
FY2023$7.0M
FY2024$7.2M
FY2024$6.9M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 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 Sep 1993.

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

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $1.5M Management & general 44% · $1.2M

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

9 people listed on the 990; $126K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Head of School
$125,727Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Todd Herauf$177,000$188,976————
Marny Doepken——$125,727$117,460$114,314—
Robin Williams—————$119,136

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 Galloway School executive salaries →

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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 15aNo

Programs and updates

The Galloway School is a nonprofit based in Friendswood, TX.

Provided by the organization

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1 program · $1.5M · in their own filed words · FY2022
01

Providing a certified teacher curriculum for academic education for pre-kindergarten through fifth grade students.

$1.5Mprogram expense

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
See all 11 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Fees for servicesLn 2g$2.2M
Gifts and grantsLn 1h$439K
Other incomeLn 4–11$44K
Money outPt IX
$2.6M
Ln 25
Programscol B$1.5M
Managementcol C$1.2M
Owns and owesPt X
$7.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$7.5M
LiabilitiesLn 26$498K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$439K
Fundraising eventsLn 1c$93K
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$3K
Other incomeLn 4–11$44K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$1.1M
SavingsLn 2$254K
Cash and savings togetherLn 1–2$1.4M
Land, buildings, equipmentLn 10c$6.1M
Other assetsLn 15$600
Total assetsLn 16$7.5M
LiabilitiesLn 26$498K
Net assetsLn 32$7.0M
OperationsPt I, VI
EmployeesI 565
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.3M$1.4M
Land, buildings, equipmentLn 10c$6.3M$6.1M
Total assetsLn 16$7.6M$7.5M
LiabilitiesLn 26$651K$498K
Net assetsLn 32$7.0M$7.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$126K$126K
Other salaries and wagesLn 7$1.3M$859K$411K
Pension plan contributionsLn 8$833$583$250
Other employee benefitsLn 9$69K$48K$21K
Payroll taxesLn 10$128K$90K$38K
Legal feesLn 11b$21K$15K$6K
Other fees for servicesLn 11g$213K$34K$180K
Advertising and promotionLn 12$2K$1K$628
Office expensesLn 13$46K$46K
Information technologyLn 14$4K$4K
OccupancyLn 16$20K$14K$6K
InterestLn 20$5K$3K$1K
Depreciation, depletion and amortizationLn 22$401K$401K
InsuranceLn 23$90K$63K$27K
Other expenses (24a–d)Ln 24$194K$147K$47K
All other expensesLn 24e$41K$26K$15K
Total functional expensesLn 25$2.6M$1.5M$1.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $3.0M$2.7M$263K$7.2M 990 PDF
FY2023 Viewing $2.7M$2.6M$49K$7.0M 990 PDF
FY2022 $3.3M$2.6M$676K$7.0M 990 PDF
FY2021 $2.9M$2.9M$58K$6.3M 990 PDF
FY2020 $3.4M$2.6M$848K$6.2M 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 FY2023 990 (6 parts)
Part I · Summary $2,679,787 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $340,067$439,002
I-9 Program service revenuePrior year $2,347,942$2,194,101
I-10 Investment incomePrior year $128$2,529
I-11 Other revenuePrior year $600,793$44,155
I-12 Total revenuePrior year $3,288,930$2,679,787
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,647,977$1,593,952
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $965,066$1,037,136
I-18 Total expensesPrior year $2,613,043$2,631,088
I-19 Revenue less expensesPrior year $675,887$48,699
Part VI · Governance 8 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $2,679,787 across 8 lines filed
VIII-1c Fundraising events$92,730
VIII-1f All other contributions, gifts and grants$346,272
VIII-1h Total contributions, gifts and grants$439,002
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,194,101$2,194,101
VIII-3 Investment incomeExcluded from tax $2,529$2,529
VIII-8 Net income from fundraising eventsExcluded from tax $4,022$4,022
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $40,133$40,133
VIII-12 Total revenueRelated to mission $2,234,234 · Unrelated business $0 · Excluded from tax $6,551$2,679,787
Part IX · Statement of functional expenses $2,631,088 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $125,727$125,727
IX-7 Other salaries and wagesPrograms $859,194 · Management $411,441$1,270,635
IX-8 Pension plan contributionsPrograms $583 · Management $250$833
IX-9 Other employee benefitsPrograms $48,264 · Management $20,684$68,948
IX-10 Payroll taxesPrograms $89,897 · Management $37,912$127,809
IX-11b Legal feesPrograms $14,988 · Management $6,423$21,411
IX-11g Other fees for servicesPrograms $33,662 · Management $179,753$213,415
IX-12 Advertising and promotionPrograms $1,466 · Management $628$2,094
IX-13 Office expensesPrograms $45,702$45,702
IX-14 Information technologyPrograms $3,919$3,919
IX-16 OccupancyPrograms $13,909 · Management $5,961$19,870
IX-20 InterestPrograms $3,168 · Management $1,358$4,526
IX-22 Depreciation, depletion and amortizationManagement $401,158$401,158
IX-23 InsurancePrograms $62,810 · Management $26,918$89,728
IX-24 Other expenses (24a–d)Programs $146,706 · Management $47,257$193,963
IX-24e All other expensesPrograms $26,305 · Management $15,045$41,350
IX-25 Total functional expensesPrograms $1,476,300 · Management $1,154,788 · Fundraising $0$2,631,088
Part X · Balance sheet $7,513,589 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,024,487$1,135,328
X-2 Savings and temporary cash investmentsStart of year $251,894$254,104
X-4 Accounts receivableStart of year $8,205$9,164
X-9 Prepaid expenses and deferred chargesStart of year $0$14,592
X-10c Land, buildings and equipment, netStart of year $6,332,782$6,099,801
X-15 Other assetsStart of year $600$600
X-16 Total assetsStart of year $7,617,968$7,513,589
X-17 Accounts payable and accrued expensesStart of year $364,143$266,043
X-19 Deferred revenueStart of year $170,592$226,905
X-24 Unsecured notes and loans payableStart of year $116,291$5,000
X-26 Total liabilitiesStart of year $651,026$497,948
X-27 Net assets without donor restrictionsStart of year $6,481,920$6,530,619
X-28 Net assets with donor restrictionsStart of year $485,022$485,022
X-32 Total net assets or fund balancesStart of year $6,966,942$7,015,641
X-33 Total liabilities and net assetsStart of year $7,617,968$7,513,589
Part XI · Reconciliation of net assets $7,015,641 net assets at year end
XI-1 Total revenue$2,679,787
XI-2 Total expenses$2,631,088
XI-3 Revenue less expenses$48,699
XI-4 Net assets at start of year$6,966,942
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,015,641

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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