Wsu Tech Foundation is located in Wichita, KS. The organization was established in 2008. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wsu Tech Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Wsu Tech Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 66.5% each year . All expenses for the organization totaled $492.4k during the year ending 06/2022. While expenses have increased by 44.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE EFFORTS OF WSU TECH
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT, ASSIST AND PROMOTE THE INTEREST AND WELFARE OF WSU TECH AND ITS PROGRAMS AND ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clarke Carnahan Chair | OfficerTrustee | 1 | $0 |
Marlo Dolezal VP Of Finance And Admin | Officer | 1 | $0 |
Sheree Utash President | Officer | 1 | $0 |
Mia Lee Director | Trustee | 1 | $0 |
Tim Norton Director | Trustee | 1 | $0 |
John Schwendeman Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $71,665 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,128,913 |
Noncash contributions included in lines 1a–1f | $16,204 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,200,578 |
Total Program Service Revenue | $0 |
Investment income | $61,381 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $84,266 |
Net Income from Fundraising Events | -$16,241 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,329,984 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $345,821 |
Grants and other assistance to domestic individuals. | $112,671 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,265 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $23,285 |
Fees for services: Other | $1,095 |
Advertising and promotion | $4,002 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $492,379 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $248,682 |
Pledges and grants receivable | $286,812 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $3,164,122 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,699,616 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $250,687 |
Total liabilities | $250,687 |
Net assets without donor restrictions | $464,146 |
Net assets with donor restrictions | $2,984,783 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,699,616 |
Over the last fiscal year, Wsu Tech Foundation has awarded $345,821 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
WSU TECH PURPOSE: PROGRAM SUPPORT | $304,023 |
Wichita, KS PURPOSE: PROGRAM SUPPORT | $41,798 |
Over the last fiscal year, we have identified 6 grants that Wsu Tech Foundation has recieved totaling $77,527.
Awarding Organization | Amount |
---|---|
Wichita Community Foundation Wichita, KS PURPOSE: PROJECT CULINARY ARTS PROGRAM | $28,711 |
Textron Charitable Trust 540 008 Providence, RI PURPOSE: GENERAL SUPPORT TO EDUCATION | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $22,296 |
Textron Charitable Trust 540 008 Providence, RI PURPOSE: MATCHING GIFT TO EDUCATION | $1,050 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $330 |
Pfizer Foundation Inc New York, NY PURPOSE: VOLUNTEER PROGRAM | $140 |
Beg. Balance | $1,598,593 |
Earnings | -$225,709 |
Net Contributions | $165,240 |
Ending Balance | $1,538,124 |
Organization Name | Assets | Revenue |
---|---|---|
Colorado State University Foundation Fort Collins, CO | $706,044,439 | $163,322,590 |
Colorado School Of Mines Foundation Golden, CO | $425,843,908 | $49,131,943 |
American Indian College Fund Denver, CO | $151,570,496 | $57,441,920 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |
Private Education-Employers Trust St Louis, MO | $386,613 | $11,502,248 |
Emporia State University Foundation Emporia, KS | $139,579,484 | $15,768,413 |