NonprofitsTrue Texas Education Corporation

Public & Societal Benefit

True Texas Education Corporation

GRAPEVINE, TX

Total revenue

$394K

Total expenses

$383K

Net assets

$156K

Grants received

$604K

4 grants

EIN

854347442

Tax year

2023

Mission

The corporation is organized and shall be operated exclusively for educational activities within the meaning of Section 501(c)(3) of the Internal Revenue Code. The mission of the corporation is: 1)To teach, continuosly train, and inspire Texas to engage in governments at every level and 2) To help Texans become active participants in their self governance that is established in our Declaration of Independence, by emphasis on historic background, understanding governmental processes, origin documents, and analyzing current events as they relate to Texas citizens.

Financials

FY 2023

Revenue

Contributions & grants$393K
Program service revenue$521
Investment income
Other revenue
Total revenue$394K

Expenses

Grants paid$2K
Salaries & benefits$300K
Fundraising$60K
Other expenses$82K
Total expenses$383K
Total assets$160K
Net assets$156K

People

5 listed

NameRoleCompensation

Julie McCarty

Director

Board

$100K

10 hrs/wk

Fran Rhodes

Treasurer

Board

$100K

10 hrs/wk

Fred McCarty

President

Board

1 hrs/wk

Ashley Groff

Secretary

Board

1 hrs/wk

Molly Maddux

Director

Board

1 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$393K
General Support
2023
$77K
GENERAL SUPPORT
2023
$42K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$92K
FOR RECIPIENT'S EXEMPT PURPOSE
2022

Funded by

$604K from 3 funders · 4 grants · 2022–2023

Mary Hays Institute

$393K · 1 grant · 2023

Vanguard Charitable Endowment Program

$134K · 2 grants · 2022–2023

Christian Community Foundation Inc

$77K · 1 grant · 2023

Details

EIN854347442
NTEE codeW24
Subsection03
Ruling date2021-08
Formed2020
Employees7
Volunteers100
TRUE TEXAS EDUCATION CORPORATION — Mission, Financials & Grants Received | Grantivo