National Guard Association of Texas Educational Foundation

Nonprofit profile at a glance

EIN
746078683
IRS 990-EZ coverage
2011–2024
Forms available
Form 990 2013, Form 990-EZ 2024, Form 990-N 2020
Location
Austin, TX, USA
Phone
5124547300
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$48,495
Expenses
$36,612
Assets
$416,808

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Mark Weedon (President)
  • Bill Maginot (Vice President)

People named in this filing

  • Mark Weedon (President)
  • Bill Maginot (Vice President)
  • Marvin Harris (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Foundation furthers the educational opportunities of young people.

What it reported doing in 2024

The Foundation awarded scholarships for attendance at a college or university to current members of National Guard Association of Texas and/or their spouses, sons, or daughters.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 100
  • Sustainability: 70
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.7%; rating input score 58
  • Program expense ratio: 76.5%; rating input score 76

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: 24.5%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 11.38; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -11.4% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -13.9% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 57.7% of revenue deployed · 76.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $28K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 58/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.