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Nonprofit · EIN 93-4337793

SLATON EDUCATION FOUNDATION INC

Tax-exempt · SLATON, TX 79364

Financials

$369K$61K2024
Revenue Expenses · by fiscal year end
Financials of SLATON EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$368,725$61,303$307,422$303,922$0$303,922
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$402,281
of which government grants
$175,000
Program service revenue
$0
Investment income
$457
Net gain from sales of assets
$112
Net income from fundraising events
-$34,013
Other revenue
-$34,013

Expenses

Grants and similar amounts paid
$48,540
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,850
Accounting fees
$150
Program services (functional)
$56,570
Management and general (functional)
$4,733

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$303,922
Total liabilities, end of year
$0
Net assets, end of year
$303,922
Net assets without donor restrictions
$303,922
Gross receipts
$431,263
Employees
0
Volunteers
15
Year formed
2023
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
HAYDEN HARGRAVEPRESIDENT
Trustee or director, Officer
1$0
BETH NEWTONVICE PRESIDENT
Trustee or director, Officer
1$0
GREG SCHILLINGTREASURER
Trustee or director, Officer
1$0
JEREMY BARBEESECRETARY
Trustee or director, Officer
1$0
LOUISA GONZALESDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7604 E FM 41, SLATON, TX 79364-6846
Mailing address (990-N for 2023)
7604 E FM 41, SLATON TX 79364
Principal officer (990 for 2024)
HAYDEN HARGRAVE, 7604 E FM 41, SLATON, TX 79364
Principal officer (990-N for 2023)
HAYDEN HARGRAVE, 7604 E FM 41, SLATON TX 79364
Signed the 990
HAYDEN HARGRAVE, PRESIDENT
Phone
(806) 762-5281
Return prepared by
BOLINGER SEGARS GILBERT AND MOSS LLP

Mission

FORMED TO BETTER THE LIVES AND EDUCATION OF THE STUDENTS AND TEACHERS OF SLATON ISD PROGRAMS AND ORGANIZATIONS AND PROMOTE AN ENVIRONMENT THAT PREPARES ALL STUDENTS FOR A SUCCESSFUL FUTURE.

990 for the year ended December 31, 2024

Program accomplishments

  • DURING 2024 THE SLATON EDUCATION FOUNDATION RAISED $100,000 IN FOUNDING DONATIONS TO ESTABLISH A BEGINNING BALANCE TO OPERATE THE SLATON EDUCATION FOUNDATION. WE RAISED OVER $120,000 AT OUR INAUGURAL FUNDRAISING GALA. $500 AWARDS WERE GIVEN TO ONE TEACHER FROM EACH OF THE 4 CAMPUSES, $66,000 WAS USED TO PURCHASE SUPPLIES FOR TEACHERS AND PROGRAMS IN SLATON ISD THROUGH GRANT REQUESTS. A SCHOLARSHIP ENDOWMENT WAS ESTABLISHED WITH A $25,000 GIFT FROM THE SLATON INDUSTRIAL FOUNDATION AND $50,000 ADDED TO THIS ENDOWMENT FROM OUR INITIAL FUNDRAISING.
    Expenses $56,570 · grants $48,540

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
93-4337793
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
2026
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$303,922
Income (IRS master file)
$431,263

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$368,725$61,303$303,922XML
990-N for 2023
Officer: HAYDEN HARGRAVE
December 31, 2023≤ $50,000 receipts––e-Postcard

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 93-4337793).

Questions about SLATON EDUCATION FOUNDATION INC

What is the EIN of SLATON EDUCATION FOUNDATION INC?
The employer identification number (EIN) of SLATON EDUCATION FOUNDATION INC is 93-4337793.
Is SLATON EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
Are donations to SLATON EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SLATON 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 SLATON EDUCATION FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SLATON EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SLATON EDUCATION FOUNDATION INC?
The 990 for the year ended December 31, 2024 names HAYDEN HARGRAVE.
Who are the officers and directors of SLATON EDUCATION FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does SLATON EDUCATION FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $368,725, expenses of $61,303 and total assets of $303,922 at year end.

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