Palacios Isd Educational Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PARTNER WITH THE COMMUNITY TO EQUIP OUR STUDENTS AND TEACHERS WITH INNOVATIVE OPPORTUNITIES TO ACHIEVE THEIR MAXIMUM POTENTIAL THROUGH SUPERIOR LEARNING EXPERIENCES.
- Income
- $209,584
- Spending
- $171,643
- Spent on programs
- 63%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 75%
- Employees
- 0
- Volunteers
- 25
- Highest pay
- $46,350, executive di
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 83% of charities in its peer group (human services, under $250k).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Income trend
15 of 15Income rose 69% on the year before.
Spending floor
8 of 1563% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 47 out of 100. Higher than 23% of charities in its peer group (human services, under $250k).
Independent board
25 of 2511 of 12 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 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 (5)
- $72,700 spent. PROVIDED SCHOLARSHIPS TO 75 QUALIFIED STUDENTS OF THE GRADUATING CLASS OF PALACIOS HIGH SCHOOL FOR HIGHER EDUCATION PURPOSES.
- $8,300 spent. PAID TUITION FOR APPROXIMATELY 40 QUALIFIED STUDENTS TO TAKE DUAL CREDIT COURSES AT JUNIOR COLLEGES.
- $24,935 spent. PROVIDED SCHOOL SUPPLIES FOR APPROXIMATELY 1,300 STUDENTS, OF WHICH 73.2% OF THE STUDENTS ARE ECONOMICALLY DISADVANTAGED, TO INSURE THAT THE STUDENTS HAVE THE SUPPLIES NECESSARY TO START THE SCHOOL YEAR AND BE SUCCESSFUL IN SCHOOL.
- $2,230 spent. PROMOTED SCHOOL SPIRIT BY PROVIDING SPIRIT SHIRTS TO APPROXIMATELY 120 STUDENTS
- PROMOTED SCHOOL SPIRIT BY PROVIDING SPIRIT SHIRTS TO APPROXIMATELY 120 STUDENTS
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
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 October 13, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Educational Foundation Inc (Chapel Hill, NC), EIN 56-6058412. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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.