WACO ISD EDUCATION FOUNDATION Charity Report

Public IRS 990 nonprofit record

WACO ISD EDUCATION FOUNDATION

EIN 74-2728765 · Education (B122)

What they do

THE WACO ISD EDUCATION FOUNDATION STRIVES to FUND CREATIVE, EDUCATIONAL PROGRAMS and PROJECTS NOT COVERED BY SCHOOL BUDGETS or TAX DOLLARS, THUS OUR MOTTO, "RAISING THE POWER of EDUCATION!" MORE THAN 93% of ALL FOUNDATION EXPENSES FUND WACO ISD CLASSROOM GRANTS and STUDENT SCHOLARSHIPS. THE FOUNDATION WAS FOUNDED for THE PURPOSE of RECEIVING and DISBURSING FUNDS, PROPERTY and GIFTS of ANY KIND EXCLUSIVELY for THE BENEFIT of THE WACO INDEPENDENT SCHOOL DISTRICT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

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

28.58%of revenue went to mission work91.8% of expenses · Program services

0.20%of revenue went to fundraising0.6% of expenses

$31.12spent for every $100 of revenueRevenue covered expenses this year.

2.34%of revenue went to management and office costs7.5% of expenses

$29.61in assets for every $1 spent this yearSome assets cannot be spent right away.

67.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $83,919 for STEPHANIE HINES (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

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$744,594

Mission workProgram services$212,84028.58% of revenue91.8% of expenses

ManagementOffice and general costs$17,4222.34% of revenue7.5% of expenses

FundraisingAsking for donations$1,4870.20% of revenue0.6% of expenses

Revenue left after expensesReported annual surplus$512,84568.88% of revenueShown in gray on the chart

Total expenses$231,74931.12% 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: 91.8% mission · 7.5% management · 0.6% fundraisingTotal expenses: 31.12% of revenue

2023Expense mix: 93.3% mission · 6.3% management · 0.4% fundraisingTotal expenses: 72.88% of revenue

2022Expense mix: 90.9% mission · 8.7% management · 0.3% fundraisingTotal expenses: 73.06% of revenue

2021Expense mix: 91.0% mission · 8.6% management · 0.4% fundraisingTotal expenses: 32.51% of revenue

2020Expense mix: 82.8% mission · 16.7% management · 0.4% fundraisingTotal expenses: 29.91% of revenue

2019Expense mix: 89.5% mission · 10.0% management · 0.5% fundraisingTotal expenses: 45.65% of revenue

2018Expense mix: 91.7% mission · 7.8% management · 0.5% fundraisingTotal expenses: 60.86% of revenue

2017Expense mix: 88.5% mission · 9.2% management · 2.3% fundraisingTotal expenses: 20.00% of revenue

Money in and money out

Revenue$744,594

Expenses$231,749

Annual surplus $512,845 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)$212,840 · 91.8% of expenses

Management and office costs$17,422 · 7.5% of expenses

Fundraising$1,487 · 0.6% of expenses

See all reported dollar amounts

Revenue$744,594

Expenses$231,749

Assets$6,861,065

Income$792,169

Contributions$505,721

Mission work (program services)$212,840

Fundraising$1,487

Grants given$1,124,146

Average grant$160,592

Management and general$17,422

Accounting fees$8,500

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

STEPHANIE HINESEXECUTIVE DIRECTOR · 20 hrs/week $83,919Base $77,862 · Other $6,057

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

STEPHANIE HINESEXECUTIVE DIRECTOR

MARYANN RIGGSDIRECTOR

TYLER TALBERTDIRECTOR

TY ANDERSONDIRECTOR

TONY BROWNDIRECTOR

TAYLOR BLEDSOECHAIR

STEVE MYATTTREASURER

RUTH JACKSONDIRECTOR

ROMAN NOVIANDIRECTOR

ROCKI HORNEDIRECTOR

RACHEL KUEHLSECRETARY

MELISSA JOHNSONDIRECTOR

MEGAN HENDERSONDIRECTOR

ANNA CLARK-MARTINEZDIRECTOR

LONDRIA GILMOREDIRECTOR

KIM KLARASDIRECTOR

KHRISTIAN HOWARDDIRECTOR

KELLY LAWSONDIRECTOR

JULIE CARLSONDIRECTOR

JIM PATTONDIRECTOR

DR TIFFANY SPICERDIRECTOR

DR HAZEL ROWEDIRECTOR

DAN CASTILLODIRECTOR

CHARLOTTE HENDERSONVICE CHAIR

BRYAN FONVILLEDIRECTOR

ANNETTE PEREZDIRECTOR

About this charity

Recognized since: January 1995
Location: PO BOX 2369, WACO, TX 76703
County: McLennan
In care of: STEVE MYATT
Primary officer: STEVE MYATT, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@wacoisd.org Phone(254) 755-9510

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PATTILLO BROWN & HILL LLP
NTEE classification: Education (B122)
Grant-giving organization: Yes