Wylie Bulldogs Education Foundation

EIN: 800594530 501(c)(3) Education

Abilene, TX

Total Revenue
$248,517
Total Expenses
$127,469
Total Assets
$1,499,675
Net Assets
$1,499,675
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TX
Principal Officer
Becky Rentz
Phone
3256924353
Tax Period
2023-01-01 to 2023-12-31

Wylie Bulldogs Education Foundation, founded in 2010, is a small nonprofit in the Education sector that reported $249K in total revenue in fiscal year 2023. The organization ran a surplus of $121K, a strong 49% operating margin.

Mission

The Wylie Bulldogs Education Foundation has a mission of collecting and distributing gifts to promote excellence in education.

Program Service Accomplishments

Program 1
Expenses: $25,500

The Foundation awarded university scholarships to 17 graduating seniors. All eligible seniors are invited to apply. To be eligible, the applicant must have attended Wylie High School their entire...

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The Foundation awarded university scholarships to 17 graduating seniors. All eligible seniors are invited to apply. To be eligible, the applicant must have attended Wylie High School their entire senior year and have maintained a "B" average. A committee consisting of 7 community and Board members evaluate the candidates based on financial need, GPA/ACT/SAT scores, references, school/community/work involvement, leadership skills and an essay. The scholarship checks are mailed directly to the registrar's office of the university for the benefit of the awarded student.

Program 2
Expenses: $8,984

The Foundation awarded 35 Teacher Grants totalling $65,304. Remaining balance of $56,320 funded in 2024. All full time teachers in Wylie ISD are eligible and encouraged to apply. A committee of 7...

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The Foundation awarded 35 Teacher Grants totalling $65,304. Remaining balance of $56,320 funded in 2024. All full time teachers in Wylie ISD are eligible and encouraged to apply. A committee of 7 community and Board members evaluate the candidates' request based on the potential to involve a great number of students and consistency with Wylie ISD's goal of increasing student achievement. The Major Objectives of the request are evaluated for definable and obtainable objectives and responsiveness to a stated need. The Activities/Implementation Plan is evaluated to assure that the project's methods are research based and are instructionally sound. Methods for Evaluation of the completed project are required.The teacher grant checks are mailed directly to Wylie ISD's accountant for the benefit of the awarded teachers. The teachers purchase items approved in the grant and present receipts for reimbursement to Wylie ISD.

Program 3
Expenses: $7,504

The Foundation welcomed 66 new teachers to Wylie ISD before school started. Hendrick Health teams up with the Foundation to provide a luncheon for the new teachers and the administrators from each...

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The Foundation welcomed 66 new teachers to Wylie ISD before school started. Hendrick Health teams up with the Foundation to provide a luncheon for the new teachers and the administrators from each campus. The Foundation presents a $100 Mardel's gift card to each new teacher to help furnish their new classroom. The Foundation relates its purpose and the availability of Teacher Grants.

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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 (2023)

Revenue Breakdown

Contributions & Grants $238,794
Program Service Revenue $0
Investment Income $9,474
Other Revenue $249
TOTAL REVENUE $248,517

Expense Breakdown

Grants Paid $73,240
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $73,240
Other Expenses $54,229
TOTAL EXPENSES $127,469

Year-over-Year Comparison

2023 2022 Change
Revenue $248,517 $241,448 +0.0%
Expenses $127,469 $162,380 -0.2%
Net Income $121,048 $79,068 +0.5%
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
17
Independent Members
17
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
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Becky Rentz Vice President - Development 3.00
Officer Director
$0 $0 $0
Denise Blake President 5.00
Officer Director
$0 $0 $0
Samantha Miers Director 1.00
Director
$0 $0 $0
Joey Light Director 1.00
Director
$0 $0 $0
Mashelle Ancell Director 1.00
Director
$0 $0 $0
Ricky Bacon Director 1.00
Director
$0 $0 $0
Lisa Chavez Director 1.00
Director
$0 $0 $0
Candice McCray Secretary 2.00
Officer Director
$0 $0 $0
Tim Nelson Treasurer 3.00
Officer Director
$0 $0 $0
Frank Peck Director 1.00
Director
$0 $0 $0
Sherry Hirsch Director 1.00
Director
$0 $0 $0
Lisa Salmon Director 1.00
Director
$0 $0 $0
Sevie Schonerstedt Director 1.00
Director
$0 $0 $0
Traci Simons Director 1.00
Director
$0 $0 $0
Sheila Warren Director 1.00
Director
$0 $0 $0
Johanna Weltzin Vice President - Operations 3.00
Officer Director
$0 $0 $0
Jennifer Hanner Director 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 No data No data No data No data
2023 $248,517 $127,469 $1,499,675 $121,048
2022 $241,448 $162,380 $1,378,627 $79,068
2021 $269,928 $132,985 $1,299,559 $136,943
2020 $292,797 $86,218 $1,162,616 $206,579
2019 $319,841 $182,834 $956,037 $137,007
2018 $182,377 $67,246 $819,030 $115,131
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