Michael M Boone Elementary Parent- Teacher Organization is a 501(c)(3) organization based in Dallas, Texas, registered in 2019, with $2,013,293 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.0M
▲ 20.0% vs prior year
Education median: $200K
Expenses (FY2023)
$1.4M
Net assets
$1.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Michael M Boone Elementary Parent- Teacher Organization— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Michael M Boone Elementary Parent- Teacher Organization: 13 mo reserves · +28% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Michael M Boone Elementary Parent- Teacher Organization— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Michael M Boone Elementary Parent- Teacher Organization: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $415K (FY2019) to $2.0M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
28.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$96K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,013,293▲20.0% | $1,440,810▲1.8% | $1,533,198▲55.9% | $1,629,263▲44.3% | 990 |
| 2022 | $1,678,024▲16.5% | $1,415,107▲17.2% | $983,714▲36.4% | $1,128,991▲51.7% | 990 |
| 2021 | $1,439,872▲53.2% | $1,207,079▲55.7% | $721,297▲47.7% | $744,294▲27.4% | 990 |
| 2020 | $939,830▲127% | $775,014▲751% | $488,503▲50.9% | $584,373▲45.2% | 990 |
| 2019 | $414,798 | $91,113 | $323,687 | $402,493 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Michael M Boone Elementary Parent- Teacher Organization totaling $28K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $9,765 |
| American Online Giving Foundation Inc | General support | 2024 | $8,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $5,100 |
| American Online Giving Foundation Inc | General support | 2021 | $5,467 |
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Data for Michael M Boone Elementary Parent- Teacher Organization (EIN 84-2302708) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.