Boerne Education Foundation

EIN: 742828331 501(c)(3) Philanthropy & Grantmaking

Boerne, TX

Total Revenue
$571,489
Total Expenses
$474,477
Total Assets
$1,819,310
Net Assets
$1,819,047
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
TX
Principal Officer
Nicole Gallegos
Phone
8303572008
Tax Period
2024-01-01 to 2024-12-31

Boerne Education Foundation, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $571K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $97K, a strong 17% operating margin.

Mission

Raise money and accept gifts to be distributed to schools in the Boerne Independent School District to improve student achievement and to recognize and

Program Service Accomplishments

Program 1
Expenses: $422,175 Revenue: $0

Raise money and accept gifts to be distributed to schools in the Boerne Independent School District to improve student achievement and to recognize and encourage teaching excellence.

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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 (2024)

Revenue Breakdown

Contributions & Grants $502,503
Program Service Revenue $0
Investment Income $97,279
Other Revenue $-28,293
TOTAL REVENUE $571,489

Expense Breakdown

Grants Paid $402,725
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $422,175
Other Expenses $71,752
TOTAL EXPENSES $474,477

Year-over-Year Comparison

2024 2023 Change
Revenue $571,489 $426,363 +0.3%
Expenses $474,477 $464,155 +0.0%
Net Income $97,012 $-37,792 -3.6%
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

Financial Distress Indicator

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
25
Independent Members
25
Employees
N/A
Volunteers
50

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
7
$0
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicole Gallegos President 1.00
Officer Director
$0 $0 $0
Lindsey Berwick Executive Vice President 1.00
Officer Director
$0 $0 $0
Wendy McCurley VP-Development 1.00
Officer Director
$0 $0 $0
Josh Peterson VP-Disbursements 1.00
Officer Director
$0 $0 $0
Trace Klein VP-Finance 1.00
Officer Director
$0 $0 $0
Dainelle Scott VP-Marketing 1.00
Officer Director
$0 $0 $0
Stephanie Hankins Secretary 1.00
Officer Director
$0 $0 $0
Dawn Ball Board Member 1.00
Director
$0 $0 $0
Fernadda Balli Board Member 1.00
Director
$0 $0 $0
Angelia Bouslog Board Member 1.00
Director
$0 $0 $0
Kirsten Cohoon Board Member 1.00
Director
$0 $0 $0
Jennifer Flynn Board Member 1.00
Director
$0 $0 $0
Megan Fredrick Board Member 1.00
Director
$0 $0 $0
Lesley Gibson Board Member 1.00
Director
$0 $0 $0
Megan Hembree Board Member 1.00
Director
$0 $0 $0
Michelle Holcomb Board Member 1.00
Director
$0 $0 $0
Jim Jeffery Board Member 1.00
Director
$0 $0 $0
Alison Leonard Board Member 1.00
Director
$0 $0 $0
Matt Myers Board Member 1.00
Director
$0 $0 $0
Lindsey O'Neill Board Member 1.00
Director
$0 $0 $0
Laura Srp Board Member 1.00
Director
$0 $0 $0
Colby Tate Board Member 1.00
Director
$0 $0 $0
Christie Waterman Board Member 1.00
Director
$0 $0 $0
Jen Wildey Board Member 1.00
Director
$0 $0 $0
Kimberly Young Board Member 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
2024 $571,489 $474,477 $1,819,310 $97,012
2023 $426,363 $464,155 $1,649,681 $-37,792
2022 $530,268 $505,594 $1,592,670 $24,674
2021 $500,793 $364,054 $1,812,330 $136,739
2020 $432,516 $333,343 $1,613,334 $99,173
2019 $356,425 $509,302 $1,410,666 $-152,877
2018 $455,016 $385,882 $1,435,963 $69,134
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