Houston Independent School District Foundation

EIN: 760424529 501(c)(3)

Houston, TX

Total Revenue
$1,863,727
Total Expenses
$3,344,686
Total Assets
$5,896,098
Net Assets
$5,845,368
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
TX
Principal Officer
Janicca Garcia
Phone
7135567275
Tax Period
2024-07-01 to 2025-06-30

Houston Independent School District Foundation, founded in 1993, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $3.3M exceeded revenue, resulting in a 79% operating deficit.

Mission

The HISD Foundation is dedicated to mobilizing the local community to support innovative priorities in HISD to improve outcomes for all students in the district. Our mission is to fund projects and programs of merit that fall outside of the district's operating budget.

Program Service Accomplishments

Program 1
Expenses: $2,870,611

The HISD Foundation (Foundation) supports the Houston Independent School District (HISD) and its mission of providing every student with a consistently rigorous education in a safe environment...

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The HISD Foundation (Foundation) supports the Houston Independent School District (HISD) and its mission of providing every student with a consistently rigorous education in a safe environment. Established in 1993, the Foundation is governed by a volunteer board of directors that includes local businesses, industry, and community leaders. The Foundation works with the Superintendent of Schools, HISD Board of Education, and Houston's business leaders and philanthropic community to raise funds for the district, provide support for teachers, students, and parents, and raise awareness of the district's commitment to providing every student with a quality education.See Schedule O for further details.The Foundation supports HISD and school-based programs and initiatives to increase academic achievement, eliminate the minority achievement gap, and develop and retain effective educators in every classroom.The Foundation believes equity, literacy, innovation, college access, and great people can prepare students for college and the workforce.

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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 $1,665,189
Program Service Revenue $0
Investment Income $230,217
Other Revenue $-31,679
TOTAL REVENUE $1,863,727

Expense Breakdown

Grants Paid $829,955
Salaries & Benefits $436,193
Fundraising Expenses $142,130
Program Expenses $2,870,611
Other Expenses $2,078,538
TOTAL EXPENSES $3,344,686

Year-over-Year Comparison

2024 2023 Change
Revenue $1,863,727 $2,594,267 -0.3%
Expenses $3,344,686 $3,425,237 0.0%
Net Income $-1,480,959 $-830,970 +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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Governance

Voting Members
16
Independent Members
16
Employees
3
Volunteers
24

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
$208,413
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrea Young Chair 3.00
Officer Director
$0 $0 $0
Daria Russell Vice-Chair 1.00
Officer Director
$0 $0 $0
DeRae Crane Secretary 1.00
Officer Director
$0 $0 $0
John Weatherly Treasurer 1.00
Officer Director
$0 $0 $0
Juliet Breeze Director 1.00
Director
$0 $0 $0
Allen Caudle Director 1.00
Director
$0 $0 $0
Frances Dyess Director 1.00
Director
$0 $0 $0
Christi Guerrini Director 1.00
Director
$0 $0 $0
Ross Margraves Director 1.00
Director
$0 $0 $0
John Marshall Director 1.00
Director
$0 $0 $0
Gerald Merfish Director 1.00
Director
$0 $0 $0
Matthew Noll Director 1.00
Director
$0 $0 $0
Robin Phillips Director 1.00
Director
$0 $0 $0
Jennifer Price Director 1.00
Director
$0 $0 $0
Lauren Pugh Director 1.00
Director
$0 $0 $0
Jim Rice Director 1.00
Director
$0 $0 $0
James Rodriguez Director 1.00
Director
$0 $0 $0
Lina Sabouni Director 1.00
Director
$0 $0 $0
Christy Stewart Director 1.00
Director
$0 $0 $0
Wilbur Suggs Director 1.00
Director
$0 $0 $0
Bridget Wade Director 1.00
Director
$0 $0 $0
Katherine Smith CEO through 4/30/25 40.00
Officer
$172,144 $36,269 $208,413
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 $1,863,727 $3,344,686 $5,896,098 $-1,480,959
2024 No data No data No data No data
2023 $5,792,991 $3,775,662 $8,213,741 $2,017,329
2022 $2,679,133 $3,958,081 $6,149,865 $-1,278,948
2021 $5,838,395 $5,512,665 $7,123,064 $325,730
2020 $2,033,828 $5,727,351 $6,677,173 $-3,693,523
2019 $1,604,588 $7,894,986 $10,245,886 $-6,290,398
2018 $27,729,842 $13,427,338 $15,623,978 $14,302,504
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