JOSHUA ISD EDUCATION FOUNDATION

EIN: 262968046 501(c)(3)

JOSHUA, TX

Total Revenue
$207,892
Total Expenses
$127,614
Total Assets
$695,810
Net Assets
$692,844
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
TX
Principal Officer
JEFFERY POOLE
Phone
8174267500
Tax Period
2021-09-01 to 2022-08-31

JOSHUA ISD EDUCATION FOUNDATION, founded in 2007, is a small nonprofit that reported $208K in total revenue in fiscal year 2021. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $80K, a strong 39% operating margin.

Mission

JOSHUA ISD EDUCATION FOUNDATION'S MISSION IS (1) TO PROMOTE ACADEMIC EXCELLENCE FOR STUDENTS AND STAFF THROUGH ENRICHMENT PROGRAMS AND ACTIVITIES AND RECOGNITION OF ACCOMPLISHMENTS. (2) TO BUILD AN ENDOWMENT THAT PERPETUATES FOR EXCELLENCE IN EDUCATION. (3) TO SERVE AS A CATALYST FOR COOPERATIVE AMONG, THE EDUCATION FOUNDATION, AND THE JOSHUA INDEPENDENT SCHOOL DISTRICT. (4) TO MAXIMIZE THE USE OF RESOURCES NOT AVAILABLE FROM LOCAL, STATE, OR FEDERAL SOURCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $161,868
Program Service Revenue $0
Investment Income $39,443
Other Revenue $6,581
TOTAL REVENUE $207,892

Expense Breakdown

Grants Paid $84,919
Salaries & Benefits $19,413
Fundraising Expenses $4,808
Program Expenses $91,115
Other Expenses $23,282
TOTAL EXPENSES $127,614

Year-over-Year Comparison

2021 2020 Change
Revenue $207,892 $129,558 +0.6%
Expenses $127,614 $88,013 +0.4%
Net Income $80,278 $41,545 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
15

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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFERY POOLE PRESIDENT 2.00
Officer Director
$0 $0 $0
JOE HOLLARN TREASURER 2.00
Officer Director
$0 $0 $0
LOWELL TAYLOR SECRETARY 2.00
Officer Director
$0 $0 $0
TIM FREEMAN ASST TREASURER 2.00
Director
$0 $0 $0
BRAD JONES VP, ADMINISTRATION 2.00
Director
$0 $0 $0
KEITH BOONE VP, PROGRAMS 2.00
Director
$0 $0 $0
ANGELA WARMATH VP, COMMUNITY DEVELOPMENT 2.00
Director
$0 $0 $0
ANGIE ERINAKES VP, COMMUNITY RELATIONS 2.00
Director
$0 $0 $0
KATIE REAMES AD, COMMUNITY DEVELOPMENT 2.00
Director
$0 $0 $0
RYAN STUDDARD AD, PROGRAMS 2.00
Director
$0 $0 $0
JULIE POOL EXECUTIVE DIRECTOR 20.00
Officer
$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
2022 $207,892 $127,614 $695,810 $80,278
2021 $129,558 $88,013 $625,416 $41,545
2020 $121,341 $82,092 $596,387 $39,249
2019 $128,809 $74,177 $566,951 $54,632
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