Cleburne Isd Education Foundation
Nonprofit profile at a glance
- EIN
- 371642889
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Cleburne, TX, USA
- Phone
- 8172021199
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $279,393
- Expenses
- $224,582
- Assets
- $404,348
- Liabilities
- $1,484
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- BRAD MARSHALL (President)
- AMBER WITTE (Vice President)
People named in this filing
- MARCUS HANNA (MEMBER)
- Dr JUANITA REYES (MEMBER)
- AMY TENNISON (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This corporation is organizes exclusively for charitable and educational purposes as sprcified in section 501(c)(3) of the internal revenue code. The specific objective and purposes of this corporation shall be to enhance the learning opportunities for the students and teachers of the cleburne independent school district.
What it reported doing in 2024
Programs to recognize academic achievement and provide resources to improve academic performance by cleburne isd students -mini-grants for classroom resources
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 83
- Accountability: 0
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.1%; rating input score 51
- Program expense ratio: 61.5%; rating input score 62
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.6%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 1.8; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 15.7% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 10.1% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 51.1% of revenue deployed · 61.5% of spending went to programs
- Governance: 0 of 7 board members independent · 0 of 7 filing controls reported
- Programs: 7 filed program accomplishments · $138K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.