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Nonprofit · EIN 74-2710636

ISLAND FOUNDATION INC

Tax-exempt · CORP CHRISTI, TX 78418

Financials

$6M$5.6M2022$5.6M$5.9M2023$5.3M$5.7M2024
Revenue Expenses · by fiscal year end
Financials of ISLAND FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$5,338,903$5,738,987-$400,084$10,446,295$4,749,214$5,697,081
August 31, 2024990$5,620,245$5,852,646-$232,401$11,083,655$4,986,490$6,097,165
August 31, 2023990$6,017,551$5,562,744$454,807$11,466,849$5,065,751$6,401,098
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$4,267,452
of which government grants
$4,055,543
Program service revenue
$951,492
Investment income
$76,169
Other revenue
$43,790

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$170,019
Other salaries and wages
$3,176,620
Salaries, compensation and benefits (total)
$3,766,134
Professional fundraising fees
$0
Travel
$32,862
Depreciation
$276,135
Program services (functional)
$4,889,330
Management and general (functional)
$754,843
Fundraising (functional)
$94,814

Balance sheet and other

Total assets, start of year
$11,083,655
Total assets, end of year
$10,446,295
Total liabilities, end of year
$4,749,214
Net assets, end of year
$5,697,081
Land, buildings and equipment
$7,704,978
Net assets without donor restrictions
$2,865,784
Net assets with donor restrictions
$2,831,297
Gross receipts
$5,338,903
Employees
122
Volunteers
0
Year formed
1994
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
ELIZABETH JACKSONSUPERINTENDENT/SLC DIRECTOR
Key employee, Highest-paid employee
40$78,879
DAWNA NIMSSECA DIRECTOR
Key employee
40$47,176
CHRISTOPHER DANIELSSUPERINTENDENT/IF DIRECTOR
Key employee, Highest-paid employee, Former
40$43,814
SHY ALEWINEDIRECTOR
Trustee or director
2$150
JON REYNOLDSPRESIDENT
Trustee or director
2$0
MICHAEL YORKDIRECTOR
Trustee or director
2$0
JACLYN MAHLMANNTREASURER
Trustee or director
2$0
SARAH GREAUDDIRECTOR
Trustee or director
2$0
RANDY FOSTERDIRECTOR
Trustee or director
–$0
990 for the year ended August 31, 2024: 9 people
NameTitleHours / weekCompensation
CHRISTOPHER DANIELSSUPERINTENDENT/IF DIRECTOR
Key employee, Highest-paid employee
40$80,920
TRINA J BONHAMSLC DIRECTOR
Key employee
40$66,659
DAWNA NIMSSECA DIRECTOR
Key employee
40$47,260
JON REYNOLDSPRESIDENT
Trustee or director
2$0
DAVID JACKSONDIRECTOR
Trustee or director
2$0
MICHAEL YORKDIRECTOR
Trustee or director
2$0
JACLYN MAHLMANNTREASURER
Trustee or director
2$0
SARAH GREAUDLIASON
Trustee or director
2$0
SHY ALEWINEDIRECTOR
Trustee or director
2$0
990 for the year ended August 31, 2023: 10 people
NameTitleHours / weekCompensation
CHRISTOPHER DANIELSSUPERINTENDENT/IF DIRECTOR
Key employee, Highest-paid employee
40$84,129
DAWNA NIMSSECA DIRECTOR
Key employee
40$44,733
ROSALYN ROWANSLC DIRECTOR
Former
40$6,622
JON REYNOLDSPRESIDENT
Trustee or director
2$0
DAVID JACKSONDIRECTOR
Trustee or director
2$0
MICHAEL YORKDIRECTOR
Trustee or director
2$0
BEN SMITHSECRETARY
Trustee or director
2$0
JACLYN MAHLMANNTREASURER
Trustee or director
2$0
SARAH GREAUDLIASON
Trustee or director
2$0
SHY ALEWINEDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
15437 S PADRE ISLAND DR, CORP CHRISTI, TX 78418-7705
Principal officer (990 for 2024)
JON REYNOLDS, 15437 SPID, CORPUS CHRISTI, TX 78418
Signed the 990
ELIZABETH JACKSON, SUPERINTENDENT
Phone
(361) 654-1134
Return prepared by
Raul Hernandez & Company PC

Mission

EDUCATION AND COMMUNITY SERVICE

990 for the year ended August 31, 2025

Program accomplishments

  • OPERATION OF SEASHORE CHARTER SCHOOLS, INCLUDING SEASHORE LEARNING CENTER, A NON-PROFIT CHARTER SCHOOL CURRENTLY SERVING KINDERGARTEN THROUGH 4TH GRADE AND SEASHORE MIDDLE ACADEMY, A NON-PROFIT CHARTER SCHOOL CURRENTLY SERVING 5TH GRADE THROUGH 8TH GRADE.
    Expenses $3,275,851
  • OPERATION OF PRESCHOOL, AFTER SCHOOL CARE AND SUMMER PROGRAM FOR CHILDREN AND PROVIDING COMMUNITY PROGRAMS.
    Expenses $1,613,479

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
74-2710636
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99Z)
Assets (IRS master file)
$10,446,295
Income (IRS master file)
$5,338,903

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$5,338,903$5,738,987$10,446,295XML
990August 2024$5,620,245$5,852,646$11,083,655XML
990August 2023$6,017,551$5,562,744$11,466,849XML
990August 2022$5,407,926$5,324,018$11,113,669IRS
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 74-2710636).

Questions about ISLAND FOUNDATION INC

What is the EIN of ISLAND FOUNDATION INC?
The employer identification number (EIN) of ISLAND FOUNDATION INC is 74-2710636.
Is ISLAND FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to ISLAND FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ISLAND 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 ISLAND FOUNDATION INC 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 ISLAND FOUNDATION INC 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 ISLAND FOUNDATION INC?
The 990 for the year ended August 31, 2025 names JON REYNOLDS.
Who are the officers and directors of ISLAND FOUNDATION INC?
The 990 for the year ended August 31, 2025 lists 9 people; 4 received compensation from the organization, the highest $78,879 (ELIZABETH JACKSON, SUPERINTENDENT/SLC DIRECTOR).
How much revenue does ISLAND FOUNDATION INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $5,338,903, expenses of $5,738,987 and total assets of $10,446,295 at year end.

Other nonprofits in CORP CHRISTI

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