GARLAND ISD EDUCATION FOUNDATION

EIN: 752400361 501(c)(3)

GARLAND, TX

Total Revenue
$779,472
Total Expenses
$708,290
Total Assets
$2,049,970
Net Assets
$1,952,491
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
TX
Principal Officer
LISA COX
Phone
9724873253
Tax Period
2024-07-01 to 2025-06-30

GARLAND ISD EDUCATION FOUNDATION, founded in 2002, is a small nonprofit that reported $779K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $708K left a modest 9% surplus.

Mission

TO PROVIDE EDUCATIONAL ASSISTANCE TO STUDENTS AND TEACHERS OF GARLAND ISD.

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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 $568,429
Program Service Revenue $0
Investment Income $46,777
Other Revenue $164,266
TOTAL REVENUE $779,472

Expense Breakdown

Grants Paid $611,415
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $656,790
Other Expenses $96,875
TOTAL EXPENSES $708,290

Year-over-Year Comparison

2024 2023 Change
Revenue $779,472 $1,089,243 -0.3%
Expenses $708,290 $741,492 0.0%
Net Income $71,182 $347,751 -0.8%
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
27
Independent Members
27
Employees
N/A
Volunteers
80

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
$108,869
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG BURNSIDE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SCOTT MCMURDIE IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
LESLIE HENSON VICE PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
CALEB WILLIAMS SECRETARY 1.00
Officer Director
$0 $0 $0
CARMEN BLAKEY MEMBER 1.00
Director
$0 $0 $0
BUTCH BOWLIN MEMBER 1.00
Director
$0 $0 $0
SHAYNA CLAPP MEMBER 1.00
Director
$0 $0 $0
DONAS COLE MEMBER 1.00
Director
$0 $0 $0
DARREN DURRETT MEMBER 1.00
Director
$0 $0 $0
EMILY FLETCHER MEMBER 1.00
Director
$0 $0 $0
MATT GRUBISICH MEMBER 1.00
Director
$0 $0 $0
EVA HUMMEL MEMBER 1.00
Director
$0 $0 $0
CLINT KELLY MEMBER 1.00
Director
$0 $0 $0
JONATHAN KELLY MEMBER 1.00
Director
$0 $0 $0
TED KINZER MEMBER 1.00
Director
$0 $0 $0
CHRIS KIZZIAR MEMBER 1.00
Director
$0 $0 $0
JEANIE MARTEN MEMBER 1.00
Director
$0 $0 $0
SHARON MAYER MEMBER 1.00
Director
$0 $0 $0
KARINA OLIVARES MEMBER 1.00
Director
$0 $0 $0
CHAD PRZANO MEMBER 1.00
Director
$0 $0 $0
BRYAN ROBINSON MEMBER 1.00
Director
$0 $0 $0
ROBERT SELDERS MEMBER 1.00
Director
$0 $0 $0
JIMMY TRAN MEMBER 1.00
Director
$0 $0 $0
BRIAN TRICHELL MEMBER 1.00
Director
$0 $0 $0
KRISTY TYRA MEMBER 1.00
Director
$0 $0 $0
MELISSA VARELA MEMBER 1.00
Director
$0 $0 $0
ASHLEY WONG MEMBER 1.00
Director
$0 $0 $0
LISA COX PRESIDENT 20.00
Officer
$0 $0 $108,869
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 $779,472 $708,290 $2,049,970 $71,182
2024 $1,089,243 $741,492 $1,916,852 $347,751
2023 $748,497 $555,398 $1,882,609 $193,099
2022 $669,530 $777,877 $1,652,076 $-108,347
2021 $659,918 $404,606 $1,850,492 $255,312
2020 $442,388 $481,608 $1,461,702 $-39,220
2018 $491,740 $357,998 $1,381,763 $133,742
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