Channelview ISD Education Foundation Inc

Nonprofit profile at a glance

EIN
300703711
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2015
Location
Channelview, TX, USA
Phone
2814528081
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$396,513
Expenses
$240,716
Assets
$341,600
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Jason Bailey (President)
  • Jeff Miller (Vice-President)
  • Anthony Mireles (Executive Director)

Highest reported compensation

  • Anthony Mireles (Executive Director): $92,374 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To secure and deliver resources to enrich outstanding teaching, inspire learning, and enhance opportunities for all students enrolled in the Channelview Independent School District by establishing and sustaining community-wide partnerships and program initiatives.

What it reported doing in 2024

The CISD x LYB Literacy Bus, a collaboration between LyondellBasell and Channelview ISD's Education Foundation (CISDEF), is a mobile library designed to enhance literacy skills and foster a love for reading among K-12 students in the Channelview community. LyondellBasell's continued support for the program aims to transform a yellow school bus into a fully stocked library, providing free books for students of all ages and reading levels. This initiative reflects the shared commitment to improving education and empowering future leaders by addressing literacy challenges.See Schedule OThe CISDEF Educator Innovation Grants are designed to enhance creativity and improve student learning. These grants support unique projects, such as incorporating advanced technology, hands-on STEM activities, or creative arts programs, that go beyond the standard curriculum. By empowering educators with resources, the program fosters a culture of innovation and excellence in education.The CISDEF funds two separate scholarship programs to support graduating seniors from Channelview High School in their pursuit of post-secondary education. These scholarships are awarded based on academic achievement, financial need, or other criteria set by the foundation, and can be used to cover tuition, books, or other educational expenses. The initiative reflects the Foundation's commitment to empowering students and fostering academic success within the community.Through the support of the Jacob & Terese Hershey Foundation (JTHF) and Channelview ISD (CISD), the Channelview ISD Education Foundation (CISDEF) manages a pledged $400,000 to enhance hands-on learning opportunities in environmental education throughout the district. The grant aims to expose CISD students to a range of experiences in the environmental goods and services sector, spanning from earth sciences to conservation and environmental law.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 88
  • Accountability: 74
  • Sustainability: 66
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60%; rating input score 60
  • Program expense ratio: 98.9%; rating input score 99
  • Fundraising efficiency: $3,956.99 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.3%; rating input score 94; 54th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 39.3%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 1.42; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 38.4%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 51% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 49.3% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 60% of revenue deployed · 98.9% of spending went to programs
  • Governance: 10 of 10 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $238K in reported program spending
  • Leadership: top reported pay $92K · 11 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.