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Kingsborough Education Foundationinc

EIN 20-5658970 · Dallas, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong90 out of 100GovernanceWeak38 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF AND TO FURTHER THE PURPOSES OF CRANDALL ISD, KAUFMAN COUNTY, TEXAS. THE FOUNDATION'S MISSION IS TO PROVIDE FUNDS FOR THE ASSISTANCE, DEVELOPMENT, AND MAINTENANCE OF EDUCATION PROGRAMS OR ACTIVITIES OF THE CRANDALL ISD.

Income
$996,345
Spending
$601,661
Spent on programs
96%
Reserves
47 months of spending
Largest source of income
fees for its services, 99%
Employees
0
Volunteers
7

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 90 out of 100. Higher than 64% of charities in its peer group (philanthropy, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 47.0 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 40% of income.

  • Income trend

    5 of 15

    Income fell 13% on the year before.

  • Spending floor

    15 of 15

    96% of spending went to programs.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 38 out of 100. Higher than 8% of charities in its peer group (philanthropy, $250k to $1m).

  • Independent board

    5 of 25

    1 of 7 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $220,078 spent. FUNDING VARIOUS EDUCATION PROGRAMMING TO SUPPORT AND ENRICH STUDENTS IN CRANDALL ISD.
  2. $155,375 spent. CONTINUED COMPLIANCE WITH THE EDUCATION REFUND AGREEMENT. THE FOUNDATION CONTINUED REIMBURSING CRANDALL ISD FOR EXPENSES FOR PROGRAMS AND ACTIVITIES
  3. $200,000 spent. FUNDED THE JUNIOR ACHIEVEMENT DISCOVER CENTER THAT PROVIDES AN INTERACTIVE, HANDS-ON LEARNING ENVIRONMENT DESIGNED TO EQUIP STUDENTS WITH SKILLS TO SUCCEED IN THE REAL WORLD.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2009.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.