DALLAS EDUCATION FOUNDATION

EIN: 205533398 501(c)(3) Education

DALLAS, TX

Total Revenue
$3,644,258
Total Expenses
$2,663,885
Total Assets
$5,598,172
Net Assets
$5,477,121
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Principal Officer
MITA HAVLICK
Phone
9729253053
Tax Period
2024-01-01 to 2024-12-31

DALLAS EDUCATION FOUNDATION, founded in 2016, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $980K, a strong 27% operating margin.

Mission

The mission of the Dallas Education Foundation is to inspire community investment that accelerates success for all 140,000+ Dallas ISD students. As the non-profit, philanthropic partner of Dallas ISD, we align with the districts strategic initiatives and partner with our citys business leaders, residents, and philanthropic community to raise funds for programs that enrich the lives of our students. Through generous contributions from private individuals and our corporate and philanthropic partners, the Dallas Education Foundation drives innovative programming, provides our students with fundamental needs, and supports our teachers to ensure the greatest impact possible.

Program Service Accomplishments

Program 1
Expenses: $2,412,685 Revenue: $55,000

Dallas Education Foundation (Foundation) is committed to inspiring community investment to accelerate student success. The Foundations vision is a galvanized community whose resources support the...

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Dallas Education Foundation (Foundation) is committed to inspiring community investment to accelerate student success. The Foundations vision is a galvanized community whose resources support the transformative work that makes Dallas Independent School District (Dallas ISD) the preferred choice for families across North Texas. The Foundation generates private support for priority projects identified by Dallas ISD. As the nonprofit, philanthropic partner of Dallas ISD, the Foundation aligns with Dallas ISDs strategic initiatives and partners with city business leaders, residents and the philanthropic community to raise funds for programs that enrich the lives of our students. The Foundation is primarily supported by individual contributions, corporate funding and foundation grants.In 2024, the three largest disbursements were Postsecondary Success: $197,997 DEF gift in-kind of one Mobile Career Exploration Trailer for Career Connected learning across the district. Payee: Lab Resources, Inc.Educator Professional Development: $550,000 DEF gift in-kind of professional development to teachers at tornado-affected campuses (Thomas Jefferson High School, Cigarroa, and Burnett ES). Payee: Big Rock Educational Services, Inc.Campus Support: $201,650 DEF gift in-kind of construction services to build and install an outdoor canopy at a tornado-destroyed campus (Walnut Hill ILA). Payee: AVAdek, Inc.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,412,939
Program Service Revenue $55,000
Investment Income $176,319
Other Revenue $0
TOTAL REVENUE $3,644,258

Expense Breakdown

Grants Paid $2,304,760
Salaries & Benefits $128,130
Fundraising Expenses $70,932
Program Expenses $2,412,685
Other Expenses $230,995
TOTAL EXPENSES $2,663,885

Year-over-Year Comparison

2024 2023 Change
Revenue $3,644,258 $2,626,970 +0.4%
Expenses $2,663,885 $1,667,593 +0.6%
Net Income $980,373 $959,377 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
1
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$18,100
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MITA HAVLICK Executive Dir. 40.00
Officer
$18,100 $0 $18,100
WENDE BURTON Director 1.00
Director
$0 $0 $0
CHRIS BHATTI Director 1.00
Director
$0 $0 $0
ROBERT A ESTRADA Director 1.00
Director
$0 $0 $0
THERESA FLORES Director 1.00
Director
$0 $0 $0
DR STEPHANIE ELIZALDE Director 1.00
Director
$0 $0 $0
JEFF KITNER Director 1.00
Director
$0 $0 $0
JAMES KEYES Director 1.00
Director
$0 $0 $0
MANOJ KUTTY Treasurer 1.00
Officer Director
$0 $0 $0
JENNIFER SCRIPPS Director 1.00
Director
$0 $0 $0
LEONOR MARQUEZ Director 1.00
Director
$0 $0 $0
LYNN MCBEE Director 1.00
Director
$0 $0 $0
REGINA MONTOYA Director 1.00
Director
$0 $0 $0
DREXELL OWUSU Secretary 1.00
Officer Director
$0 $0 $0
ERIC REEVES Director 1.00
Director
$0 $0 $0
ROHIT DAND Director 1.00
Director
$0 $0 $0
ANDY SMITH Director 1.00
Director
$0 $0 $0
VICTOR VITAL President 1.00
Officer Director
$0 $0 $0
JARRAD TOUSSANT Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $3,644,258 $2,663,885 $5,598,172 $980,373
2023 $2,626,970 $1,667,593 $4,539,490 $959,377
2022 $1,549,280 $2,239,516 $3,878,246 $-690,236
2021 $2,700,676 $1,829,292 $4,227,607 $871,384
2020 $5,885,487 $2,529,264 $3,484,736 $3,356,223
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