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Nonprofit · EIN 46-2327240

ALEDO ISD EDUCATION FOUNDATION

Tax-exempt · ALEDO, TX 76008

Financials

$448K$450K2022$494K$392K2023$515K$367K2024
Revenue Expenses · by fiscal year end
Financials of ALEDO ISD EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$515,358$367,415$147,943$528,230$0$528,230
August 31, 2024990$494,375$391,676$102,699$380,287$0$380,287
August 31, 2023990$447,747$449,744-$1,997$277,588$0$277,588
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$508,386
Program service revenue
$0
Investment income
$6,972
Other revenue
$0

Expenses

Grants and similar amounts paid
$203,075
Other salaries and wages
$108,693
Salaries, compensation and benefits (total)
$108,693
Professional fundraising fees
$0
Accounting fees
$5,865
Program services (functional)
$259,028
Management and general (functional)
$96,320
Fundraising (functional)
$12,067

Balance sheet and other

Total assets, start of year
$380,287
Total assets, end of year
$528,230
Total liabilities, end of year
$0
Net assets, end of year
$528,230
Net assets without donor restrictions
$439,674
Net assets with donor restrictions
$88,556
Gross receipts
$515,358
Employees
2
Year formed
2013
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
VALERIE KERRFORMER EXEC DIRECTOR
Former
0$83,333
STEFAN SIMPSONVP - FINANCE & GOVERNANCE
Trustee or director, Officer
10$0
LAUREN EDWARDSPRESIDENT
Trustee or director, Officer
10$0
LIBBY MARLERSECRETARY
Trustee or director, Officer
10$0
CLAIRE HOLLEKVP - EVENTS
Trustee or director, Officer
10$0
SLATEN GOUGHVP - DEVELOPMENT
Trustee or director, Officer
10$0
PAIGE RICEVP - PROGRAMS
Trustee or director, Officer
10$0
JODI OUTLANDVP - MARKETING
Trustee or director, Officer
10$0
TROY MILLERVP - LEGAL COUNSEL
Trustee or director, Officer
10$0
COURTNEY LEAVERTONEXECUTIVE DIRECTOR
Trustee or director, Officer
30$0
BROOKE HOWERTONVP - BOARD AT LARGE
Trustee or director, Officer
10$0
990 for the year ended August 31, 2024: 9 people
NameTitleHours / weekCompensation
VALERIE KERREXECUTIVE DIRECTOR
Trustee or director, Officer
30$71,667
JAKE BATTENFIELDVP - PROGRAMS
Trustee or director, Officer
10$0
BLAKE WINDHAMVP - DEVELOPMENT
Trustee or director, Officer
10$0
CAROL SATTERFIELDVP - LEGAL COUNSEL
Trustee or director, Officer
10$0
AARON VALENCIAVP - MARKETING
Trustee or director, Officer
10$0
JACK HUXELPRESIDENT
Trustee or director, Officer
10$0
GRIFF BABBVP - FINANCE & GOVERNANCE
Trustee or director, Officer
10$0
RYAN PIPKINVP - EVENTS
Trustee or director, Officer
10$0
PAIGE RICESECRETARY
Trustee or director, Officer
10$0
990 for the year ended August 31, 2023: 9 people
NameTitleHours / weekCompensation
SHAWN CALLAWAYFORMER EXEC DIR
Officer
50$106,914
VALERIE KERREXECUTIVE DIRECTOR
Trustee or director, Officer
30$25,000
BLAKE WINDHAMVP - DEVELOPMENT
Trustee or director, Officer
10$0
JAKE BATTENFIELDVP - PROGRAMS
Trustee or director, Officer
10$0
GLORIA GILBERT BARRONVP - MARKETING & COMMUNICATIO
Trustee or director, Officer
10$0
ASHLEY HODOPRESIDENT
Trustee or director, Officer
10$0
GRIFF BABBVP - FINANCE & GOVERNANCE
Trustee or director, Officer
10$0
LAUREN EDWARDSVP - EVENTS
Trustee or director, Officer
10$0
JILL KEITHSECRETARY
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
1008 BAILEY RANCH RD, ALEDO, TX 76008-3110
In care of
% COURTNEY LEAVERTON
Principal officer (990 for 2024)
COURTNEY LEAVERTON, 1008 BAILEY RANCH ROAD, ALEDO, TX 76008
Signed the 990
COURTNEY LEAVERTON, EXECUTIVE DIRECTOR
Phone
(817) 239-8485
Return prepared by
Wood Stephens & ONeil LLP

Mission

THE ALEDO ISD EDUCATION FOUNDATION PARTNERS WITH THE COMMUNITY TO PROVIDE PRIVATE RESOURCES TO ENRICH TEACHING, INSPIRE LEARNING, AND MAXIMIZE INNOVATIVE OPPORTUNITIES FOR ALL STUDENTS IN THE ALEDO INDEPENDENT SCHOOL DISTRICT.

990 for the year ended August 31, 2025

Program accomplishments

  • THE ALEDO EDUCATION FOUNDATION IS PARTNERING WITH THE COMMUNITY TO PROVIDE AND SUPPORT INNOVATIVE EDUCATIONAL PROJECTS AND ACTIVITIES THAT ARE BEYOND TRADITIONAL FUNDING. FOUNDATION FUNDS ARE BEING USED FOR EDUCATIONAL ENRICHMENT PROGRAMS TO ENHANCE STUDENT ACHIEVEMENT, RECOGNIZE EXEMPLARY STAFF INVOLVEMENT AND FOSTER COMMUNITY SUPPORT AND INVOLVEMENT.
    Expenses $259,028

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
46-2327240
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
2013
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$528,230
Income (IRS master file)
$515,358

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$515,358$367,415$528,230XML
990August 2024$494,375$391,676$380,287XML
990August 2023$447,747$449,744$277,588XML
990August 2022–––IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––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 46-2327240).

Questions about ALEDO ISD EDUCATION FOUNDATION

What is the EIN of ALEDO ISD EDUCATION FOUNDATION?
The employer identification number (EIN) of ALEDO ISD EDUCATION FOUNDATION is 46-2327240.
Is ALEDO ISD EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to ALEDO ISD EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALEDO ISD EDUCATION FOUNDATION 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 ALEDO ISD EDUCATION FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALEDO ISD EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of ALEDO ISD EDUCATION FOUNDATION?
The 990 for the year ended August 31, 2025 names COURTNEY LEAVERTON.
Who are the officers and directors of ALEDO ISD EDUCATION FOUNDATION?
The 990 for the year ended August 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $83,333 (VALERIE KERR, FORMER EXEC DIRECTOR).
How much revenue does ALEDO ISD EDUCATION FOUNDATION have?
On its 990 for the year ended August 31, 2025 it reported revenue of $515,358, expenses of $367,415 and total assets of $528,230 at year end.

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