To provide resources for excellence, promote innovation in teaching, inspire learning and partner with the community to enrich the quality of Education for every student.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
4 of 4
filings with a surplus
Average surplus $152K a year · 36% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
25 mo
of spending, in cash
Looks good: 24.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $34K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$28K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$623K
+105% vs prior year
Spent
$398K
To programs
84%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$623K
FY2023▲ +105%
Tap a bar for its year
Revenue by fiscal year
FY2020$321K
FY2022$303K
FY2023$623K
FY2024$428K
FY2024$466K
Expenses
$398K
FY2023▲ +49%
Tap a bar for its year
Expenses by fiscal year
FY2020$202K
FY2022$267K
FY2023$398K
FY2024$201K
FY2024$344K
Net assets
$1.4M
FY2023▲ +25%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2022$1.1M
FY2023$1.4M
FY2024$1.7M
FY2024$1.8M

From the FY2023 Form 990 (year ending June 2023) · see the original

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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 Nov 2017.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $334K Management & general 16% · $63K

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

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
VP Finance
$0Pt VII · Sec A
VP Development
$0Pt VII · Sec A
VP Finance
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jeanna Jette’s $76K as Executive Director is at the 68th 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

NameFY2024FY2022
Jeanna Jette$76,317$73,202

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 Marble Falls Isd Education Foundation 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

Enriching education by providing resources, promoting innovative teaching, and inspiring student learning through community partnerships.

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Provided by the organization

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1 program · $334K · in their own filed words · FY2022
01

Provided grants to the school district and scholarships to graduating seniors.

$334Kprogram expense

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 · FY2023
Total grants receivedfrom 2 funders$34K
Grants paid · 15 grants · $1.1M · 2020–2024
Unitemized GrantFY2024$166,100
Marble Falls IsdFY2024$87,775
Marble Falls IsdFY2024$22,078
Unitemized GrantFY2023$131,625
Marble Falls IsdFY2023$9,033
Unitemized GrantFY2022$174,250
Marble Falls IsdFY2022$143,651
Marble Falls IsdFY2022$13,920
Unitemized GrantFY2021$107,042
Marble Falls IsdFY2021$63,710
Marble Falls IsdFY2021$33,059
Marble Falls IsdFY2021$10,736
Unitemized GrantFY2020$117,734
Marble Falls IsdFY2020$35,843
Marble Falls IsdFY2020$5,647

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$623K
Ln 12
Gifts and grantsLn 1h$549K
Other incomeLn 4–11$52K
Investment incomeLn 3$22K
Money outPt IX
$398K
Ln 25
Programscol B$334K
Managementcol C$63K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$823K
Total assetsLn 16$1.4M
LiabilitiesLn 26$28K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$549K
Investment incomeLn 3$22K
Other incomeLn 4–11$52K
Gains on assetsLn 7−$2K
Total revenueLn 12$623K
Assets in detailPt X, end of year
CashLn 1$1
SavingsLn 2$823K
Cash and savings togetherLn 1–2$823K
InvestmentsLn 11–13$586K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$1.4M
LiabilitiesLn 26$28K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 656
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$592K$823K
InvestmentsLn 11–13$527K$586K
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$1.1M$1.4M
LiabilitiesLn 26$12K$28K
Net assetsLn 32$1.1M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$158K$158K
Grants to domestic individualsLn 2$174K$174K
Accounting feesLn 11c$22K$22K
Advertising and promotionLn 12$3K$3K
Information technologyLn 14$12K$12K
Depreciation, depletion and amortizationLn 22$525$525
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$27K$2K$25K
All other expensesLn 24e$768$324$444
Total functional expensesLn 25$398K$334K$63K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $428K$201K$226K$1.7M 990 PDF
FY2023 Viewing $623K$398K$225K$1.4M 990 PDF
FY2022 $303K$267K$36K$1.1M 990 PDF
FY2021 Not on file
FY2020 $321K$202K$119K$1.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $623,114 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $229,673$549,114
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $22,471$22,347
I-11 Other revenuePrior year $51,158$51,653
I-12 Total revenuePrior year $303,302$623,114
I-13 Grants and similar amounts paidPrior year $214,547$331,821
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $52,678$65,867
I-18 Total expensesPrior year $267,225$397,688
I-19 Revenue less expensesPrior year $36,077$225,426
Part VI · Governance 15 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
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 $623,114 across 7 lines filed
VIII-1f All other contributions, gifts and grants$549,114
VIII-1h Total contributions, gifts and grants$549,114
VIII-3 Investment incomeExcluded from tax $24,324$24,324
VIII-5 RoyaltiesExcluded from tax $39,566$39,566
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,977−$1,977
VIII-8 Net income from fundraising eventsExcluded from tax $12,087$12,087
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $74,000$623,114
Part IX · Statement of functional expenses $397,688 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $157,571$157,571
IX-2 Grants to domestic individualsPrograms $174,250$174,250
IX-11c Accounting feesManagement $22,165$22,165
IX-12 Advertising and promotionManagement $3,032$3,032
IX-14 Information technologyManagement $11,653$11,653
IX-22 Depreciation, depletion and amortizationManagement $525$525
IX-23 InsuranceManagement $1,076$1,076
IX-24 Other expenses (24a–d)Programs $2,110 · Management $24,538$26,648
IX-24e All other expensesPrograms $324 · Management $444$768
IX-25 Total functional expensesPrograms $334,255 · Management $63,433 · Fundraising $0$397,688
Part X · Balance sheet $1,409,637 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $1$1
X-2 Savings and temporary cash investmentsStart of year $591,635$822,567
X-10c Land, buildings and equipment, netStart of year $2,335$1,400
X-11 Publicly traded securitiesStart of year $526,550$585,669
X-16 Total assetsStart of year $1,120,521$1,409,637
X-18 Grants payableStart of year $12,500$27,500
X-26 Total liabilitiesStart of year $12,500$27,500
X-27 Net assets without donor restrictionsStart of year $1,108,021$1,382,137
X-32 Total net assets or fund balancesStart of year $1,108,021$1,382,137
X-33 Total liabilities and net assetsStart of year $1,120,521$1,409,637
Part XI · Reconciliation of net assets $1,382,137 net assets at year end
XI-1 Total revenue$623,114
XI-2 Total expenses$397,688
XI-3 Revenue less expenses$225,426
XI-4 Net assets at start of year$1,108,021
XI-5 Net unrealized gains (losses) on investments$49,100
XI-8 Prior period adjustments−$410
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,382,137

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

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