Galveston Independent School District Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 102,823 | 117,942 | −15,119 | 35.1 | 51% |
| 2012 | 178,962 | 147,844 | 31,118 | 30.6 | 43% |
| 2013 | 614,263 | 499,065 | 115,198 | 11.8 | 10% |
| 2014 | 582,071 | 537,621 | 44,450 | 13.0 | 17% |
| 2015 | 212,719 | 257,872 | −45,153 | 24.4 | 25% |
| 2016 | 373,335 | 301,618 | 71,717 | 25.1 | 23% |
| 2017 | 680,318 | 622,212 | 58,106 | 13.7 | 12% |
| 2018 | 466,835 | 332,386 | 134,449 | 31.3 | 22% |
| 2019 | 343,271 | 308,866 | 34,405 | 34.8 | 19% |
| 2020 | 334,815 | 230,100 | 104,715 | 54.4 | 29% |
| 2021 | 315,648 | 309,888 | 5,760 | 44.4 | 24% |
| 2022 | 463,580 | 378,197 | 85,383 | 34.7 | 28% |
| 2023 | 450,737 | 423,271 | 27,466 | 32.5 | 26% |
In its most recent public year (2023), this organization brought in $27,466 more than it spent. Its reserves stood at about 32.5 months of spending, down from 35.1 in 2011. Staff pay was 26% of spending. $370,720 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Galveston Independent School District Educational Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works