POTTSBORO ISD EDUCATION FOUNDATION INC: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- POTTSBORO ISD EDUCATION FOUNDATION INC (EIN 80-0905255)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-06
- IRS object ID
- 202533109349202148
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-06T17:03:32-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 843984750 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARNETT & KLOPPERS PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 N RUSK ST | AddressLine1Txt |
| City | SHERMAN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 750905851 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800905255 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POTTSBORO EDUCATION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POTT | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 555 | AddressLine1Txt |
| City | POTTSBORO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75076 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEGHAN FORGEY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9037710083 | PhoneNum |
| Signature | 2025-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRUCE BARNETT | PreparerPersonNm |
| PTIN | P00500616 | PTIN |
| Phone | 9038931040 | PhoneNum |
| Preparation | 2025-11-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | HTTPS://PISDEDUCATIONFOUNDATION.WEEBLY | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Gross Receipts | $72,093 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $19,218 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $13,388 | InvestmentIncomeAmt |
| Fundraising Gross Income | $39,487 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $3,608 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $35,879 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $68,485 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $13,137 | GrantsAndSimilarAmountsPaidAmt |
| Other Expenses Total | $3,691 | OtherExpensesTotalAmt |
| Total Expenses | $16,828 | TotalExpensesAmt |
| Excess Or Deficit For Year | $51,657 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $303,724 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $115 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $355,496 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,963 | BOYAmt |
| EOY | $347,187 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,761 | BOYAmt |
| EOY | $8,325 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,724 | BOYAmt |
| EOY | $355,512 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $16 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,724 | BOYAmt |
| EOY | $355,496 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | PROVIDE FUNDING FOR SCHOOL CLASSROOMS | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | FUNDING FOR CLASSROOM RESOURCES AND SUPPLIES WAS PROVIDED TO POTTSBORO INDEPENDENT SCHOOL DISTRICT FOR ALL CAMPUSES. THESE RESOURCES WERE NOT INCLUDING THE SCHOOL DISTRICT'S OPERATING BUDGET. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $13,137 | GrantsAndAllocationsAmt |
| Program Service Expenses | $13,137 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $13,137 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| JUNE HENDRICKSON | ||
| EXECUTIVE AS | 1.00 | $0 |
| ASA JESSEE | ||
| PRESIDENT | 1.00 | $0 |
| KEVIN MATTHEWS | ||
| SECRETARY | 1.00 | $0 |
| MEGHAN FORGEY | ||
| TREASURER | 1.00 | $0 |
| KIMBERLY EASLEY-MCKIDDY | ||
| VICE PRESIDE | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEGHAN FORGEY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1401 KATY LANE | AddressLine1Txt |
| City | POTTSBORO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75076 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7204817779 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,605 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,964 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,824 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,260 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,218 | CurrentTaxYearAmt |
| Total | $127,871 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,605 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,964 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,824 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,260 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,218 | CurrentTaxYearAmt |
| Total | $127,871 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $127,871 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,319 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,331 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $74 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,181 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,388 | CurrentTaxYearAmt |
| Total | $69,293 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $197,164 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $52,875 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.64860 | PublicSupportCY170Pct |
| Public Support PY170 | 0.71950 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BRICK FUNDRAISE | Event1Nm |
| Gross Receipts Event1 | $39,262 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $39,262 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $792 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $39,262 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $39,262 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $792 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $792 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $38,470 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 10 | NAME: POTTSBORO INDEPENDENT SCHOOL DISTR ADDRESS: 1401 KATY LN POTTSBORO, TX 75076 CASH CONTRIBUTION: 13,137 |
| FORM 990-EZ, PART I, LINE 16 | EXPENSES DUES AND SUBSCRIPTIONS 1,132 INSURANCE 410 BANK FEES 74 ADVERTISING 1,668 PROFESSIONAL FEES 260 OFFICE EXPENSES 147 TOTAL 3,691 |
| FORM 990-EZ, PART I, LINE 20 | OTHER INCREASES 115 |
| FORM 990-EZ, PART II, LINE 24 | ACCOUNTS RECEIVABLE 10,761 8,325 TOTAL 10,761 8,325 |
| FORM 990-EZ, PART II, LINE 26 | CREDIT CARD PAYABLE 0 16 |