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PLANO IMPROVEMENT CORPORATION

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Public IRS 990 nonprofit record

PLANO IMPROVEMENT CORPORATION

EIN 81-2815232 · Urban & Community Economic Development (S31)

What they do

THE PLANO IMPROVEMENT CORPORATION EXISTS to SUPPORT THE CHARITABLE ACTIVITIES of THE CITY of PLANO, A TEXAS PUBLIC MUNICIPALITY. THE PRINCIPAL ACTIVITY of THE CORPORATION WILL BE THE MAKING of GRANTS to or IN SUPPORT of THE PROGRAMS of THE CITY. CITY PROGRAMS THAT WILL BE SUPPORTED BY THE CORPORATION WILL INCLUDE ECONOMIC DEVELOPMENT EFFORTS of THE CITY AS WELL AS ADMINISTRATION and SUPPORT of AN INTERNSHIP PROGRAM OPERATED IN CONJUNCTION WITH THE CITY to PROVIDE SUMMER EDUCATION INTERNSHIP OPPORTUNITIES for STUDENTS IN PLANO INDEPENDENT SCHOOL DISTRICT. AN ADDITIONAL PROGRAM PROVIDED is THE PLANO FAMILIES FIRST PROGRAM THAT PROVIDES RESOURCES for EDUCATIONAL and CAREER PURPOSES to PLANO RESIDENTS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $56.40 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 leaders3 people are listed in the latest report.

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

Money made simple

53.59%of revenue went to mission work56.4% of expenses · Program services
$95.03spent for every $100 of revenueRevenue covered expenses this year.
41.43%of revenue went to management and office costs43.6% of expenses
$0.57in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. 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 $125,094 for MARK ISRAELSON (PRESIDENT). 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.

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$338,665
Mission workProgram services$181,50053.59% of revenue56.4% of expenses
ManagementOffice and general costs$140,32541.43% of revenue43.6% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$16,8404.97% of revenueShown in gray on the chart
Total expenses$321,82595.03% 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: 56.4% mission · 43.6% management · 0.0% fundraisingTotal expenses: 95.03% of revenue
2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 54.65% of revenue
2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 112.99% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 113.20% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 122.14% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.37% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.01% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.71% of revenue

Money in and money out

Revenue$338,665
Expenses$321,825
Annual surplus $16,840 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)$181,500 · 56.4% of expenses
Management and office costs$140,325 · 43.6% of expenses
See all reported dollar amounts
Revenue$338,665
Expenses$321,825
Assets$184,657
Income$338,665
Contributions$338,665
Mission work (program services)$181,500
Grants given$682,495
Average grant$56,875
Management and general$140,325
Accounting fees$3,250
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
MARK ISRAELSONPRESIDENT · 1 hrs/week $125,094Base · Other $125,094
JACK CARRVICE-PRESIDENT · 1 hrs/week $77,576Base · Other $77,576
DENISE TACKESECRETARY/TREASURER · 1 hrs/week $60,166Base · Other $60,166

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 (3)

MARK ISRAELSONPRESIDENT

JACK CARRVICE-PRESIDENT

DENISE TACKESECRETARY/TREASURER

About this charity

Recognized since
January 2016
Location
1520 K AVENUE 340, PLANO, TX 75074
County
Collin
In care of
DENISE TACKE
Primary officer
DENISE TACKE, SECRETARY

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
October 1, 2024
Return type
990
Tax preparer
TURNER STONE & COMPANY
NTEE classification
Urban & Community Economic Development (S31)
IRS tax category
Urban & Community Economic Development
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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