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Nonprofit · EIN 61-1413533

ARGYLE ISD EDUCATION FOUNDATION INC

Tax-exempt · ARGYLE, TX 76226

Financials

$232K$261K2022$198K$207K2023$283K$292K2024
Revenue Expenses · by fiscal year end
Financials of ARGYLE ISD EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$282,511$291,900-$9,389$1,129,670$153,782$975,888
June 30, 2024990$197,529$206,556-$9,027$1,008,890$81,210$927,680
June 30, 2023990$231,660$261,121-$29,461$917,447$64,419$853,028
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$282,511
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$155,700
Compensation of officers, directors and key employees
$70,345
Salaries, compensation and benefits (total)
$75,123
Professional fundraising fees
$0
Accounting fees
$920
Occupancy
$600
Program services (functional)
$170,845
Management and general (functional)
$27,975
Fundraising (functional)
$93,080

Balance sheet and other

Total assets, start of year
$1,008,890
Total assets, end of year
$1,129,670
Total liabilities, end of year
$153,782
Net assets, end of year
$975,888
Publicly traded securities
$929,459
Net assets without donor restrictions
$780,169
Net assets with donor restrictions
$195,719
Gross receipts
$282,511
Employees
1
Volunteers
25
Year formed
2002
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CARA ARMSTRONGAEF DIRECTOR
Highest-paid employee
30$70,346
TY RAKESTRAWDIRECTOR
Trustee or director
0$0
WHITNEY STERLINGDIRECTOR
Trustee or director
0$0
JOE VALDEZDIRECTOR
Trustee or director
1$0
ASHLEY COOLEYSTAFF LIAISON
Trustee or director
1$0
LAURA TRUEBENBACHDIRECTOR
Trustee or director
1$0
GREG SAWKODIRECTOR
Trustee or director
1$0
CRAIG LAUGHLINDIRECTOR
Trustee or director
1$0
SEAN SCOVILLEDIRECTOR
Trustee or director
1$0
SIVA ALAPATIDIRECTOR
Trustee or director
1$0
HANNAH ROBINSONPRESIDENT
Officer
1$0
RONALD SCHMIDTTREASURER
Officer
1$0
FRANK DIXONSECRETARY
Officer
1$0
LISA WASHERVPINVESTMENTS
Officer
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
CARA ARMSTRONGAEF DIRECTOR
Highest-paid employee
30$77,120
HANNAH ROBINSONPRESIDENT
Officer
1$0
RONALD SCHMIDTTREASURER
Officer
1$0
MELISSA POTTERVPPROGRAMS
Officer
1$0
FRANK DIXONSECRETARY
Officer
1$0
TY RAKESTRAWDIRECTOR
Trustee or director
1$0
WHITNEY STERLINGDIRECTOR
Trustee or director
1$0
JOE VALDEZDIRECTOR
Trustee or director
1$0
LISA WASHERVPINVESTMENTS
Officer
1$0
EDSON MIRANDADIRECTOR
Trustee or director
1$0
HILLARY LAIRDVPSTAFF PROGRAMS
Officer
1$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensation
CARA ARMSTRONGAEF DIRECTOR
Highest-paid employee
30$60,000
CATHERINE STRANGEPRESIDENT
Officer
1$0
RONALD SCHMIDTTREASURER
Officer
1$0
HANNAH ROBINSONVP GRANTS
Officer
1$0
KRISTEN CRANFORDVP STAFF PROGRAMS
Officer
1$0
KRISTEN BELLDIRECTOR
Trustee or director
1$0
CHRISTINE HAASDIRECTOR
Trustee or director
1$0
MELISSA POTTERDIRECTOR
Trustee or director
1$0
FRANK DIXONDIRECTOR
Trustee or director
1$0
TY RAKESTRAWDIRECTOR
Trustee or director
1$0
WHITNEY STERLINGDIRECTOR
Trustee or director
1$0
JOE VALDEZDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
800 EAGLE DR, ARGYLE, TX 76226-1928
In care of
% RONALD SCHMIDT
Principal officer (990 for 2024)
CARA ARMSTRONG, 6701 CANYON FALLS DRIVE, FLOWER MOUND, TX 76226
Signed the 990
RONALD SCHMIDT, TREASURER
Phone
(940) 464-7710
Return prepared by
Gary M Kline CPA

Mission

THE ORGANIZATION'S MISSION IS TO SOLICIT, MANAGE, AND PROVIDE RESOURCES TO ENHANCE THE LEARNING ENVIRONMENT FOR ARGYLE ISD STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • TEACHER SALARY GRANTS ARE GIVEN TO THE SCHOOL DISTRICT TO FUND NEW TEACHER SALARIES IN ORDER TO PROVIDE THE SCHOOL DISTRICT WITH ACCESS TO EDUCATION PROGRAMS THAT OTHERWISE WOULD NOT BE AVAILBLE. THESE SALARIES ARE ABOVE WHAT IS REQUIRED BY THE STATE. ANNUALLY THE BOARD REVIEWS THE PRIORITIES OF THE SCHOOL DISTRICT AND DETERMINES WHAT AREAS NEED ENHANCING AND RAISES FUNDS TO PROVIDE A TEACHER THAT IS ABLE TO MEET THOSE NEEDS.
    Expenses $137,800 · grants $137,800
  • CAMPUS SCHOOL GRANTS ARE AWARDED TO EACH CAMPUS TO PROVIDE INSTRUCTIONAL STRATEGIES THAT BENEFIT ALL THE STUDENTS AT EACH CAMPUS. GRANT REQUESTS ARE SUBMITTED BY DISTRICT AND CAMPUS ADMINISTRATION. A FOUNDATION COMMITTEE REVIEWS EACH GRANT REQUEST TO ENSURE THEY FALL WITHIN THE GUIDELINES OF THE FOUNDATIONS MISSION AND ENRICHMENT GUIDELINES. THE COMMITTEE SUBMITS QUALIFYING GRANTS TO THE BOARD FOR APPROVAL. THE BOARD REVIEWS COMMITTEE RECOMMENDATIONS AND BUDGET CONSIDERATIONS AND VOTES ON WHETHER TO APPROVE THE GRANTS.
    Expenses $14,000 · grants $14,000

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
61-1413533
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$1,129,670
Income (IRS master file)
$282,511

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$282,511$291,900$1,129,670XML
990June 2024$197,529$206,556$1,008,890XML
990June 2023$231,660$261,121$917,447XML
990June 2022$215,472$216,563$937,679IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 61-1413533).

Questions about ARGYLE ISD EDUCATION FOUNDATION INC

What is the EIN of ARGYLE ISD EDUCATION FOUNDATION INC?
The employer identification number (EIN) of ARGYLE ISD EDUCATION FOUNDATION INC is 61-1413533.
Is ARGYLE ISD EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to ARGYLE ISD EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARGYLE ISD EDUCATION FOUNDATION INC 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 ARGYLE ISD EDUCATION FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARGYLE ISD EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ARGYLE ISD EDUCATION FOUNDATION INC?
The 990 for the year ended June 30, 2025 names CARA ARMSTRONG.
Who are the officers and directors of ARGYLE ISD EDUCATION FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $70,346 (CARA ARMSTRONG, AEF DIRECTOR).
How much revenue does ARGYLE ISD EDUCATION FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $282,511, expenses of $291,900 and total assets of $1,129,670 at year end.

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