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Nonprofit · EIN 31-1712740

SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED

Tax-exempt · SALADO, TX 76571

Financials

$323K$153K2023$277K$122K2024
Revenue Expenses · by fiscal year end
Financials of SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$276,603$122,007$154,596$1,836,659$59,775$1,776,884
December 31, 2023990$323,406$153,243$170,163$1,532,419$45,275$1,487,144
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$32,787
Program service revenue
$0
Investment income
$9,065
Net income from fundraising events
$234,751
Other revenue
$234,751

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,931
Program services (functional)
$113,805
Management and general (functional)
$8,202

Balance sheet and other

Total assets, start of year
$1,532,419
Total assets, end of year
$1,836,659
Total liabilities, end of year
$59,775
Net assets, end of year
$1,776,884
Publicly traded securities
$1,316,306
Net assets without donor restrictions
$1,743,496
Net assets with donor restrictions
$33,388
Gross receipts
$305,017
Employees
0
Year formed
1990
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JESSICA DIEMTREASURER
Officer
2$0
BRITTANY WENTZPRESIDENT
Officer
1$0
NICOLE SLAUGHTERVICE PRESIDENT
Officer
1$0
JESSICA WILLIAMSSECRETARY
Officer
1$0
KELSY MALMINEXEC MEMBER AT LARGE
Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JESSICA WILLIAMSSECRETARY
Officer
1$0
JENNIFER ANGELLEXEC MEMBER AT LARGE
Officer
1$0
RACHEL POEVICE PRESIDENT
Officer
1$0
JESSICA DIEMTREASURER
Officer
2$0
BRITTANY WENTZPRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 458, SALADO, TX 76571-0458
In care of
% JESSICA DIEM
Signed the 990
JESSICA DIEM, TREASURER
Phone
(254) 285-1754
Return prepared by
Derland Bahr CPA Inc

Mission

TO PROVIDE SCHOLARSHIPS TO HIGH SCHOOL STUDENTS FROM SALADO ISD

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED SCHOLARSHIPS TO SALADO STUDENTS.
    Expenses $113,805

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1712740
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,836,659
Income (IRS master file)
$305,017

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$276,603$122,007$1,836,659XML
990December 2023$323,406$153,243$1,532,419XML
990December 2022$264,565$100,871$1,235,590IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1712740).

Questions about SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED

What is the EIN of SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED?
The employer identification number (EIN) of SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED is 31-1712740.
Is SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does SALADO INDEPENDENT SCHOOL DISTRICT EDUCATION FOUNDATION INCORPORATED have?
On its 990 for the year ended December 31, 2024 it reported revenue of $276,603, expenses of $122,007 and total assets of $1,836,659 at year end.

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