Valor Texas Education Foundation
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$41,223,823
Government Grants
78%
Contributions
12%
Investments
5%
Program Services
4%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$36,158,116
Salaries & Benefits
57%
Other
16%
Offices, Occupancy & IT
9%
Interest
8%
Fees to Service Providers
5%
Depreciation
5%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$4,605,934
$5,018,644
+9%
Government Grants
$20,892,486
$32,049,777
+53%
Fundraising Events
$0
$0
-
Program Services
$1,036,026
$1,773,503
+71%
Membership Dues
$0
$0
-
Investments
$0
$2,037,940
-
Other
$0
$343,959
-
Total Revenues
$26,534,446
$41,223,823
+55%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,123,493
$20,484,734
+56%
Fees to Service Providers
$1,462,779
$1,909,391
+31%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,746,206
$3,404,026
+24%
Interest
$2,017,008
$3,013,339
+49%
Depreciation
$1,028,057
$1,638,053
+59%
Other
$5,169,954
$5,708,573
+10%
Total Expenses
$25,547,497
$36,158,116
+42%
Net income
2023
2024
Change
Net income
+$986,949
+$5,065,707
+413%
Functional Expenses
Summary
2023
2024
Change
Program
$23,009,799
$32,907,686
+43%
Admin
$2,117,383
$2,862,905
+35%
Fundraising
$420,315
$387,525
-8%
Total Expenses
$25,547,497
$36,158,116
+42%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)