MIDLAND ISD EDUCATION FOUNDATION

EIN: 752330628 501(c)(3)

MIDLAND, TX

Total Revenue
$2,402,780
Total Expenses
$2,125,358
Total Assets
$3,995,633
Net Assets
$3,995,633
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
TX
Principal Officer
ANITA GAMERTSFELDER
Phone
4322401372
Tax Period
2024-01-01 to 2024-12-31

MIDLAND ISD EDUCATION FOUNDATION, founded in 1988, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $2.1M left a modest 12% surplus.

Mission

GENERATE AND DISTRIBUTE RESOURCES TO STUDENTS AND MIDLAND INDEPENDENT SCHOOL DISTRICT EMPLOYEES TO ENRICH, MAINTAIN AND EXPAND OPPORTUNITIES FOR PURSUING EXCELLENCE IN EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $186,762

GRANTS FOR INNOVATIVE CLASSROOM TEACHING - GRANTS ARE AWARDED TO MISD SCHOOL DISCRETIONARY ACCOUNTS TO PROVIDE RESOURCES TO IMPLEMENT INNOVATIVE CLASSROOM INSTRUCTIONAL CONTENT, MATERIALS, RESOURCES...

Read more

GRANTS FOR INNOVATIVE CLASSROOM TEACHING - GRANTS ARE AWARDED TO MISD SCHOOL DISCRETIONARY ACCOUNTS TO PROVIDE RESOURCES TO IMPLEMENT INNOVATIVE CLASSROOM INSTRUCTIONAL CONTENT, MATERIALS, RESOURCES, AND PROCESSES FOR EVALUATING THE ATTAINMENT OF UNIQUE EDUCATIONAL OBJECTIVES. GRANTS ARE AWARDED BASED ON REVIEW OF APPLICATIONS FROM TEACHERS AND PRINCIPALS REGARDING SPECIFIC CRITERIA. EACH CLASSROOM LEARNING PROJECT SUPPORTED HAS A FOLLOW UP REVIEW OF THE OUTCOME OF THE IMPLEMENTATION OF THE INSTRUCTION.

Program 2
Expenses: $193,492

GRANTS FOR EDUCATION - GRANTS ARE PAID AS SCHOLARSHIPS TO COLLEGES, UNIVERSITIES AND CAREER DEVELOPMENT COURSE PROVIDERS TO ASSIST EMPLOYEES WITH THE FINANCIAL COSTS ASSOCIATED WITH CAREER...

Read more

GRANTS FOR EDUCATION - GRANTS ARE PAID AS SCHOLARSHIPS TO COLLEGES, UNIVERSITIES AND CAREER DEVELOPMENT COURSE PROVIDERS TO ASSIST EMPLOYEES WITH THE FINANCIAL COSTS ASSOCIATED WITH CAREER DEVELOPMENT AND ADVANCED EDUCATION FOR CLASSROOM TEACHING. SCHOLARSHIPS ARE ALSO AWARDED BY APPROVED APPLICATION FOR STUDENTS WHO PLAN TO PURSUE DEGREES IN EDUCATION AND FOR TOP ACADEMIC SCHOLARS IN THE CURRENT GRADUATING CLASS BASED ON CLASS GRADE POINT RANKING. GRANTS AND SCHOLARSHIPS PER PERSON ARE CAPPED AT AN ANNUAL BUDGET LIMIT SET BY THE BOARD OF DIRECTORS. TEACHERS AND EMPLOYEES RECEIVING SCHOLARSHIPS ARE REQUIRED TO REPORT ON THE PROGRESS OF THEIR PURSUIT OF AN ADVANCED EDUCATION.

Program 3
Expenses: $1,574,766

DESIGNATED GRANTS - GRANTS ARE FOR SPECIFIC PROJECTS TO MEET AN EDUCATION GOAL OR NEED BY THE SCHOOL DISTRICT BY PROVIDING FUNDING NOT AVAILABLE THROUGH TRADITIONAL LOCAL, STATE OR FEDERAL SOURCES...

Read more

DESIGNATED GRANTS - GRANTS ARE FOR SPECIFIC PROJECTS TO MEET AN EDUCATION GOAL OR NEED BY THE SCHOOL DISTRICT BY PROVIDING FUNDING NOT AVAILABLE THROUGH TRADITIONAL LOCAL, STATE OR FEDERAL SOURCES. PROJECTS RECEIVING GRANT FUNDING ARE TYPICALLY BASED ON A COLLABORATION OF MISD TEACHERS AND ADMINISTRATORS, FOUNDATION BOARD OF DIRECTORS AND COMMUNITY AND BUSINESS LEADERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,265,599
Program Service Revenue $0
Investment Income $70,545
Other Revenue $66,636
TOTAL REVENUE $2,402,780

Expense Breakdown

Grants Paid $1,955,020
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,955,020
Other Expenses $170,338
TOTAL EXPENSES $2,125,358

Year-over-Year Comparison

2024 2023 Change
Revenue $2,402,780 $2,808,032 -0.1%
Expenses $2,125,358 $2,642,860 -0.2%
Net Income $277,422 $165,172 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
N/A

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
5
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN ARCHIE DITTO PRESIDENT 0.00
Officer Director
$0 $0 $0
BRIAN STUBBS VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
WHITNEY GROVES SECRETARY 0.00
Officer Director
$0 $0 $0
ROY GEER TREASURER 0.00
Officer Director
$0 $0 $0
DR STEPHANIE HOWARD NONE 0.00
Director
$0 $0 $0
SARAH BURLESON NONE 0.00
Director
$0 $0 $0
BHAVIKA BHAKTA DEV CHAIR 0.00
Director
$0 $0 $0
KRISTA COHLMIA NONE 0.00
Director
$0 $0 $0
CHRISTINE FOREMAN NONE 0.00
Director
$0 $0 $0
BRAD HEIDELBERG NONE 0.00
Director
$0 $0 $0
STEPHEN JOHNSON NONE 0.00
Director
$0 $0 $0
ANDREW MELLEN NONE 0.00
Director
$0 $0 $0
JON PHILLEY NONE 0.00
Director
$0 $0 $0
ROSA ANNA RICHARDSON NONE 0.00
Director
$0 $0 $0
TODD ROGERS NONE 0.00
Director
$0 $0 $0
EMILY STATTON SMITH NONE 0.00
Director
$0 $0 $0
BLAKE STEADMAN NONE 0.00
Director
$0 $0 $0
JOHN TRISCHITTI III NONE 0.00
Director
$0 $0 $0
CLINT WILLIAMSON NONE 0.00
Director
$0 $0 $0
ANITA GAMERTSFELDER EX DIRECTOR 40.00
Officer Director
$0 $0 $0
KEITHA BUTLER ASSISTANT 40.00
Director
$0 $0 $0
LAUREN HOPKINS COMMUNITY CONNECTIONS COORDINATOR 40.00
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 $2,402,780 $2,125,358 $3,995,633 $277,422
2023 $2,808,032 $2,642,860 $3,713,338 $165,172
2022 $2,052,496 $2,037,324 $3,548,182 $15,172
2021 $1,906,757 $1,572,890 $3,532,989 $333,867
2020 $1,584,174 $1,491,817 $3,118,986 $92,357
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MIDLAND ISD EDUCATION FOUNDATION with other nonprofits in Texas and across the country.