Plano Isd Education Foundation

What it reported doing in 2024

Grants to Educators is a program where teachers are awarded grants to fund transformative methods in teaching and learning that will help classrooms serve the students of Plano ISD. Grants up to $2,000 can be given to single applicants or up to $3,500 for multi-campus grants. Grants can be for new technology, after-school programming, materials or student experiences. The Plano ISD Education Foundation CORE Store (Classroom Resources for Education) is a free resource center for Plano ISD teachers to obtain school supplies for their students, reducing out-of-pocket expenses. The Education Foundation knows most teachers spend their own money on supplies to help their students. We want you to keep your money in your pocket and still be able to provide your students with the best educational experience possible. More than 38% of our Plano ISD students qualify for free and reduced lunch. For these students, school supplies may not be attainable. The Education Foundation, with the support of the Plano ISD community of businesses and organizations, wants to help teachers supply their classrooms. The CORE Store offers teachers a range of school supplies that are appropriate for all grade levels. Selection is based on generous community donations, so don't delay for the best selection.The 5th Grade Outdoor Science School program is a 3-day / 2-night experience that 5th-grade students, staff, and parent chaperones participate in. Around 3100 students are served each year. The program enhances the district's 5th Grade science curriculum. It provides students with a hands-on, authentic experience, that builds background knowledge as students are introduced to the Earth and Life Science Units in 5th Grade. Camp students are engaged in social, emotional, and academic skills while at camp. This authentic experience challenges students to think in different ways and they begin to see that nature can provide limitless learning opportunities. Scholarships are provided to students whose families would not be able to afford this experience for their student otherwise.

Financial Efficiency

• Mission deployment rate: 47.9%; rating input score 48
• Program expense ratio: 76.1%; rating input score 76
• Fundraising efficiency: $13.97 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th 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: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 38.6%; rating input score 88; 88th percentile among comparable filings
• Total-asset coverage ratio: 2.09; rating input score 66; 66th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 71; 71st percentile among comparable filings
• Officer compensation ratio: 0.2%; rating input score 61; 61st percentile among comparable filings

Growth

• Program expense growth: -7.6% per year; rating input score 0; 6th percentile among comparable filings
• Revenue growth: -0.3% per year; rating input score 0; 13th percentile among comparable filings
• Asset growth: 1.5% per year; rating input score 100; 23rd percentile among comparable filings