Krum Isd Education Foundation
Krum Isd Education Foundation
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About this organization
Mission
The foundation was created to support excellence in education by providing supplemental funds for enrichment purposes in designated program areas not otherwise funded by Krum Isd.
About
The primary purpose of the Krum Isd Education Foundation is to solicit, manage and distribute supplemental funds that align with the district's improvement plan and to create a perpetual source of funds for educational programs and projects which are not within the budgetary guidelines of Krum Isd and/or for which tax dollars cannot be expended.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “The mission of the krum isd education foundation is to bring stakeholders together to financially support exceptional educational experiences.”.
When detailing its responsibilities, they were listed as: “The foundation was created to support excellence in education by providing supplemental funds for enrichment purposes in designated program areas not otherwise funded by krum isd.”.
- The state in which the non-profit is legally permitted to operate is TX.
- The address of the non-profit for 2020 according to the filing is 1200 BOBCAT BOULEVARD, KRUM, TX, 76249.
- The number of employees reported by the non-profit on their form as of 2020 is 0.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $67,540.
- The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 4 independent voting members.
- The organization was formed in 2013.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $847 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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