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Nonprofit · EIN 75-1836214

FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH

Tax-exempt · FORT WORTH, TX 76132

Financials

$4.7M$4.7M2022$4.7M$5.1M2023$4.8M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,823,968$4,936,301-$112,333$12,644,513$4,149,342$8,495,171
June 30, 2024990$4,711,195$5,119,076-$407,881$12,622,561$3,994,517$8,628,044
June 30, 2023990$4,695,585$4,740,127-$44,542$13,197,863$4,181,457$9,016,406
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$308,478
Program service revenue
$4,343,985
Investment income
$128,756
Royalties
$10,732
Net rental income
$5,215
Net gain from sales of assets
-$1,975
Net income from fundraising events
$12,646
Net income from gaming
$4,623
Net income from sales of inventory
-$1,529
Other revenue
$42,749

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$350,255
Other salaries and wages
$2,308,568
Salaries, compensation and benefits (total)
$3,397,004
Professional fundraising fees
$0
Legal fees
$5,655
Accounting fees
$22,026
Occupancy
$537,898
Depreciation
$346,747
Program services (functional)
$3,587,092
Management and general (functional)
$1,169,715
Fundraising (functional)
$179,494

Balance sheet and other

Total assets, start of year
$12,622,561
Total assets, end of year
$12,644,513
Total liabilities, end of year
$4,149,342
Net assets, end of year
$8,495,171
Land, buildings and equipment
$6,521,124
Publicly traded securities
$2,147,759
Net assets without donor restrictions
$8,331,751
Net assets with donor restrictions
$163,420
Gross receipts
$4,893,537
Employees
65
Volunteers
115
Year formed
1982
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 / weekCompensationOther / benefits
SHANNON ELDERSHEAD OF SCHOOL
Officer
50$226,371$22,008
MARCIA GAROONCHIEF FINANCIAL OFFICER
Officer
50$111,338$17,308
SHANDA RANELLEPRESIDENT
Trustee or director, Officer
1$0$0
ANDREW HAWKINSVICE PRESIDENT
Trustee or director, Officer
1$0$0
LARA NEWMANSECRETARY
Trustee or director, Officer
1$0$0
TIM HARDMANTREASURER
Trustee or director, Officer
1$0$0
JAMI KERNPRESIDENT-ELECT
Trustee or director, Officer
1$0$0
SEMI ALITRUSTEE
Trustee or director
1$0$0
PRIYA BUITRUSTEE
Trustee or director
1$0$0
BRUNO COELHOTRUSTEE
Trustee or director
1$0$0
YVETTE DZURIKTRUSTEE
Trustee or director
1$0$0
JOHNATHAN KILLEBREWTRUSTEE
Trustee or director
1$0$0
JASON MOWERYTRUSTEE
Trustee or director
1$0$0
SARA MURPHYTRUSTEE
Trustee or director
1$0$0
SUSIE NORTONTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
SHANNON ELDERSHEAD OF SCHOOL
Officer
50$227,430$19,589
MARCIA GAROONCHIEF FINANCIAL OFFICER
Officer
50$109,511$15,219
SHANDA RANELLEPRESIDENT
Trustee or director, Officer
1$0$0
ANDREW HAWKINSVICE PRESIDENT
Trustee or director, Officer
1$0$0
AZURE SPANIERSECRETARY
Trustee or director, Officer
1$0$0
MARK RUSSELLTREASURER
Trustee or director, Officer
1$0$0
SEMI ALITRUSTEE
Trustee or director
1$0$0
CHERYLE HAYSTRUSTEE
Trustee or director
1$0$0
SUE ANDERSONTRUSTEE
Trustee or director
1$0$0
JAMI KERNTRUSTEE
Trustee or director
1$0$0
PRIYA BUITRUSTEE
Trustee or director
1$0$0
JASON MOWERYTRUSTEE
Trustee or director
1$0$0
JOHNATHAN KILLEBREWTRUSTEE
Trustee or director
1$0$0
LARA NEWMANTRUSTEE
Trustee or director
1$0$0
TIM HARDMANTRUSTEE
Trustee or director
1$0$0
SARA MURPHYTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensation
SHANNON ELDERSHEAD OF SCHOOL
Officer
50$202,288
MARCIA GAROONCHIEF FINANCIAL OFFICER
Officer
50$111,411
SHANDA RANELLEPRESIDENT
Trustee or director, Officer
1$0
ANDREW HAWKINSVICE PRESIDENT
Trustee or director, Officer
1$0
AZURE SPANIERSECRETARY
Trustee or director, Officer
1$0
MARK RUSSELLTREASURER
Trustee or director, Officer
1$0
SEMI ALITRUSTEE
Trustee or director
1$0
CHERYLE HAYSTRUSTEE
Trustee or director
1$0
SUE ANDERSONTRUSTEE
Trustee or director
1$0
JAMI KERNTRUSTEE
Trustee or director
1$0
EVE SHULMANTRUSTEE
Trustee or director
1$0
PEGGY SMITH-BARBAROTRUSTEE
Trustee or director
1$0
JOHNATHAN KILLEBREWTRUSTEE
Trustee or director
1$0
LARA NEWMANTRUSTEE
Trustee or director
1$0
TIM HARDMANTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7301 DUTCH BRANCH RD, FORT WORTH, TX 76132-4108
In care of
% DARRYL LOY
Principal officer (990 for 2024)
SHANNON ELDERS, 7301 DUTCH BRANCH ROAD, FORT WORTH, TX 76132
Signed the 990
SHANNON ELDERS, HEAD OF SCHOOL
Phone
(817) 566-1401
Return prepared by
HATTER & ASSOCIATES LLP

Mission

EDUCATION OF CHILDREN AND YOUTH

990 for the year ended June 30, 2025

Program accomplishments

  • EDUCATION OF CHILDREN AND YOUTH IN GRADES KINDERGARTEN THROUGH EIGHT GRADE.
    Expenses $3,587,092 · revenue $4,343,985

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
75-1836214
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
1983
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B24Z)
Assets (IRS master file)
$12,644,513
Income (IRS master file)
$4,893,537

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,823,968$4,936,301$12,644,513IRS
990June 2024$4,711,195$5,119,076$12,622,561IRS
990June 2023$4,695,585$4,740,127$13,197,863XML
990June 2022$4,889,796$4,318,875$13,018,734IRS
990June 2021–––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 75-1836214).

Questions about FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH

What is the EIN of FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH?
The employer identification number (EIN) of FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH is 75-1836214.
Is FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH 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 FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH 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 FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH 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 FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH?
The 990 for the year ended June 30, 2025 names SHANNON ELDERS.
Who are the officers and directors of FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH?
The 990 for the year ended June 30, 2025 lists 15 people; 2 received compensation from the organization, the highest $226,371 (SHANNON ELDERS, HEAD OF SCHOOL).
How much revenue does FORT WORTH ACADEMY FOR THE EDUCATION OF CHILDREN & YOUTH have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,823,968, expenses of $4,936,301 and total assets of $12,644,513 at year end.

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