Lone Star Education Foundation

Nonprofit profile at a glance

EIN
454897571
IRS 990-EZ coverage
2016–2024
Forms available
Form 990 2015, Form 990-EZ 2024
Location
Coppell, TX, USA
Phone
2146978585
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$140,355
Expenses
$101,568
Assets
$77,075
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • JAN MITCHELL (EXECUTIVE DIRECTOR)

People named in this filing

  • JULIE KOENIG (CHAIRMAN OF THE BOARD)
  • ANGELA JACKSON (VICE CHAIRMAN OF THE BOARD)
  • NANCY SANDERFORD (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To administer educational scholarships on behalf of miss Texas pageant contestants in addition to inspiring and empowering young Texas females to showcase their talents, intelligence, and scholastic pursuits.

What it reported doing in 2024

To provide academic scholarships to pageant contestants

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 99% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 100
  • Sustainability: 70
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.4%; rating input score 72
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 27.6%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 72.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $102K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2016 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.

  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.