Skip to main content

Nonprofit · EIN 74-2914982

MIDWAY ISD EDUCATION FOUNDATION

Tax-exempt · WOODWAY, TX 76712

Financials

$452K$283K2025
Revenue Expenses · by fiscal year end
Financials of MIDWAY ISD EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$451,817$282,868$168,949$4,700,831$15,315$4,685,516
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$365,078
Program service revenue
$0
Investment income
$86,739
Other revenue
$0

Expenses

Grants and similar amounts paid
$180,905
Other salaries and wages
$29,722
Salaries, compensation and benefits (total)
$31,996
Professional fundraising fees
$0
Accounting fees
$7,000
Program services (functional)
$223,602
Management and general (functional)
$58,945
Fundraising (functional)
$321

Balance sheet and other

Total assets, start of year
$4,169,067
Total assets, end of year
$4,700,831
Total liabilities, end of year
$15,315
Net assets, end of year
$4,685,516
Net assets without donor restrictions
$4,507,751
Net assets with donor restrictions
$177,765
Gross receipts
$451,817
Employees
1
Volunteers
29
Year formed
1999
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ASHLEY FUTRISEXECUTIVE DIRECTOR
Trustee or director, Officer
40$48,433$3,788
ERIN DUBOISPAST PRESIDENT
Trustee or director, Officer
1$0$0
JAMES RAINEYPAST PRESIDENT
Trustee or director, Officer
1$0$0
JORDAN BARRYPRESIDENT
Trustee or director, Officer
1$0$0
ALISSA CADYVP - DEVELOPMENT
Trustee or director, Officer
1$0$0
ANNA JOHNSONVP - SPECIAL EVENTS
Trustee or director, Officer
1$0$0
KEVIN POYNTERVP - ADMINISTRATION
Trustee or director, Officer
1$0$0
GLENDA STRUMSECRETARY
Trustee or director, Officer
1$0$0
MOLLY RIEGERTREASURER
Trustee or director, Officer
1$0$0
BRAD ALFORDDIRECTOR
Trustee or director
1$0$0
SCOTT BLANDDIRECTOR
Trustee or director
1$0$0
RAYNOR CAMPBELLDIRECTOR
Trustee or director
1$0$0
CARRIE MADDUXDIRECTOR
Trustee or director
1$0$0
KRISTI MILLERDIRECTOR
Trustee or director
1$0$0
STEVE FISCHERDIRECTOR
Trustee or director
1$0$0
11 more people on this return
NameTitleHours / weekCompensation
JOHNATHAN GREENDIRECTOR
Trustee or director
1$0
EMILY CREWDIRECTOR
Trustee or director
1$0
NICOLE REYNOLDSDIRECTOR
Trustee or director
1$0
KRISTY BOYDDIRECTOR
Trustee or director
1$0
KATIE TALBERTDIRECTOR
Trustee or director
1$0
BECKY KRAMMDIRECTOR
Trustee or director
1$0
ERIC SHERODIRECTOR
Trustee or director
1$0
CAITLIN MCCOYDIRECTOR
Trustee or director
1$0
BEKA GROSSDIRECTOR
Trustee or director
1$0
RUSSELL JONESDIRECTOR
Trustee or director
1$0
MARK WALSHDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
13885 WOODWAY DR, WOODWAY, TX 76712-7621
In care of
% GARY FAUNCE
Principal officer (990 for 2025)
ASHLEY FUTRIS, 13885 WOODWAY DRIVE, WOODWAY, TX 767127621
Signed the 990
ASHLEY FUTRIS, EXECUTIVE DIRECTOR
Phone
(254) 761-5614
Return prepared by
PATTILLO BROWN & HILL LLP

Mission

THE MISSION OF THE MIDWAY ISD EDUCATION FOUNDATION IS TO GENERATE AND DISTRIBUTE RESOURCES TO THE MIDWAY INDEPENDENT SCHOOL DISTRICT FOR CREATIVE OR INNOVATIVE PROGRAMS AND PROJECTS THAT ENHANCE THE QUALITY OF EDUCATION FOR OUR STUDENTS.

990 for the year ended December 31, 2025

Program accomplishments

  • CLASSROOM GRANT PROGRAMS - THE FOUNDATION PROVIDES FUNDS TO ENHANCE EDUCATIONAL PROGRAMS AND ACTIVITIES THAT ARE OUTSIDE THE SCOPE OF THE TYPICAL SCHOOL BUDGET. GRANTS FOR GREAT IDEAS ALLOWS CLASSROOM TEACHERS TO REQUEST FUNDS TO IMPLEMENT CREATIVE AND INNOVATIVE LEARNING PROGRAMS AT ALL CAMPUSES IN THE MIDWAY INDEPENDENT SCHOOL DISTRICT. GRANTS ARE NOT PAID TO THE INDIVIDUAL TEACHERS, BUT TO THE DISTRICT ITSELF. SIXTY-THREE GRANTS TOTALING $176,765 WERE AWARDED IN 2025 AND UTILIZED ON ALL CAMPUSES WITHIN THE DISTRICT.
    Expenses $170,944 · grants $170,500
  • SHOWCASE OF STARS ACADEMIC RECOGNITION PRESENTATION - HONORS THE HIGHEST-ACHIEVING SCHOLARS FROM THE CURRENT SENIOR CLASS. EACH STUDENT SELECTS A TEACHER FROM THE DISTRICT WHO HAS MADE THE BIGGEST IMPACT ON THEIR ACADEMIC SUCCESS. FIFTY SENIOR SCHOLARS WERE HONORED ALONG WITH FIFTY TEACHERS AT THE 2025 PRESENTATION.
    Expenses $34,097
  • ACADEMIC LETTER JACKETS - MIDWAY HIGH SCHOOL STUDENTS CAN LETTER IN ACADEMICS THROUGH THIS PROGRAM THAT HONORS STUDENTS WHO CONSISTENTLY ACHIEVE HIGH GRADE POINT AVERAGES. STUDENTS MAINTAINING A GPA OF 95 OR HIGHER FOR THREE CONSECUTIVE SEMESTERS RECEIVE AN ACADEMIC PATCH. STUDENTS QUALIFYING FOR THIS HONOR FIVE SEMESTERS IN A ROW MAY EARN ANOTHER PATCH OR A LETTER JACKET IF THEY DO NOT ALREADY OWN ONE. DURING 2025, 35 ACADEMIC LETTER JACKETS, 65 ACADEMIC PATCHES AND SEVEN SPECIAL OLYMPICS JACKETS WERE AWARDED.
    Expenses $2,406 · grants $2,406
  • MULTIPLE SCHOLARSHIP PROGRAMS
    Expenses $8,066 · grants $7,999
  • OTHER ALUMNI/TEACHER/ STUDENT RECOGNITION PROGRAMS
    Expenses $8,089

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2914982
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 (B99)
Assets (IRS master file)
$4,700,831
Income (IRS master file)
$451,817

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$434,568$256,118$3,713,178IRS
990December 2022$413,865$237,809$3,047,640IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about MIDWAY ISD EDUCATION FOUNDATION

What is the EIN of MIDWAY ISD EDUCATION FOUNDATION?
The employer identification number (EIN) of MIDWAY ISD EDUCATION FOUNDATION is 74-2914982.
Is MIDWAY ISD EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to MIDWAY ISD EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIDWAY 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 MIDWAY ISD EDUCATION FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIDWAY ISD EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MIDWAY ISD EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2025 names ASHLEY FUTRIS.
Who are the officers and directors of MIDWAY ISD EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2025 lists 26 people; 1 received compensation from the organization, the highest $48,433 (ASHLEY FUTRIS, EXECUTIVE DIRECTOR).
How much revenue does MIDWAY ISD EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $451,817, expenses of $282,868 and total assets of $4,700,831 at year end.

Other nonprofits in WOODWAY

All nonprofits in WOODWAY · Texas · Education