SHERMAN ISD EDUCATION FOUNDATION INC Charity Report

Tax-exempt status may be revoked

SHERMAN ISD EDUCATION FOUNDATION INC

EIN 31-1633914 · Public Foundations (T30)

What they do

The Primary Focus of The Sherman Education Foundation is to Provide Creative Educational Programs, Educational Aids, Faculty and Staff Development Opportunities, Curricular Enhancements, and Other Innovative Solutions to Meet Identified Educational Needs of Sherman Students Which Are Beyond The Basic Educational Program of The Sherman ISD.

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Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

52.28%of revenue went to mission work64.1% of expenses · Program services

$81.54spent for every $100 of revenueRevenue covered expenses this year.

29.26%of revenue went to management and office costs35.9% of expenses

$5.40in assets for every $1 spent this yearSome assets cannot be spent right away.

63.9%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$272,152

Mission workProgram services$142,28652.28% of revenue64.1% of expenses

ManagementOffice and general costs$79,63929.26% of revenue35.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$50,22718.46% of revenueShown in gray on the chart

Total expenses$221,92581.54% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 64.1% mission · 35.9% management · 0.0% fundraisingTotal expenses: 81.54% of revenue

2023Expense mix: 57.6% mission · 42.4% management · 0.0% fundraisingTotal expenses: 67.32% of revenue

2022Expense mix: 47.8% mission · 52.2% management · 0.0% fundraisingTotal expenses: 70.15% of revenue

2021Expense mix: 62.4% mission · 37.6% management · 0.0% fundraisingTotal expenses: 99.40% of revenue

2020Expense mix: 81.5% mission · 18.5% management · 0.0% fundraisingTotal expenses: 92.68% of revenue

Money in and money out

Revenue$272,152

Expenses$221,925

Annual surplus $50,227 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$142,286 · 64.1% of expenses

Management and office costs$79,639 · 35.9% of expenses

See all reported dollar amounts

Revenue$272,152

Expenses$221,925

Assets$1,198,320

Income$301,424

Contributions$174,000

Mission work (program services)$142,286

Grants given$174,752

Average grant$87,376

Management and general$79,639

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (26)

KATHLEEN BICKERSTAFFEXECUTIVE DIRECTOR

WHITNEY TARVINBOARD MEMBER

WENDY VELLOTTIBOARD MEMBER

THOMAS ONEALBOARD MEMBER

STEPHANIE FOLEYBOARD MEMBER

SHANNON CAINBOARD MEMBER

RYLEE ARNOTBOARD MEMBER

RODNEY FRITCHMANBOARD MEMBER

MICHAL OVERTURFBOARD MEMBER

MELISSA SANDOVALBOARD MEMBER

MEGHAN CONEBOARD MEMBER

LUKE MOTLEYBOARD MEMBER

LEIGH WALKERBOARD MEMBER

AMANDA PHILLIPSBOARD MEMBER

JENNIFER SHELBYBOARD MEMBER

JENNA HIBBSBOARD MEMBER

JAROD DUTTONBOARD MEMBER

GARY COUNTSBOARD MEMBER

GABBY AGUILARBOARD MEMBER

ERIC KLOPPERSBOARD MEMBER

EDWIN CLARKBOARD MEMBER

DIANA SALASBOARD MEMBER

BRIAN STRAUGHANBOARD MEMBER

ARIE VANDERVEERBOARD MEMBER

ANDREA RESTREPOBOARD MEMBER

AMY JACKMANBOARD MEMBER

About this charity

Recognized since: January 1999
Location: 2701 N LOY LAKE RD, SHERMAN, TX 75090-1701
County: Grayson
In care of: Kathleen Bickerstaff
Primary officer: Kathleen Bickerstaff, Executive Director

How to reach them

WebsiteVisit the charity’s website Emaildcole@shermanisd.net Phone(903) 891-6431

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
NTEE classification: Public Foundations (T30)
IRS tax category: Public Foundations
Grant-giving organization: Yes
Revocation date: January 15, 2021