Isd 883 Education Foundation
- Assets
- $165.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, MN
- Founding
- 03/2005
- Data as of
- 06/2021
- EIN
- 20-1933952
Organization Overview
Isd 883 Education Foundation is located in Rockford, MN. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Isd 883 Education 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 06/2021, Isd 883 Education Foundation generated $108.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $108.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DISTRIBUTIONS OF TEXTBOOKS, COMPUTERS, EQUIPMENT, AND SUPPLIES TO ISD #883.
DISTRIBUTIONS OF TEXTBOOKS, COMPUTERS, EQUIPMENT, AND SUPPLIES TO ISD #883.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Grimm Executive Director | 25 | $31,200 | |
Monica Luckett Director | 1.5 | $0 | |
Robyn Schuman Director | 1.5 | $0 | |
Art Wachholz Director | 1.5 | $0 | |
Kristine Modrow Director | 1.5 | $0 | |
Melonie Robran Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,035 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $61 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,239 |
| Other Revenue | $0 |
| Total Revenue | $108,335 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,200 |
| Professional fees and other payments to independent contractors | $2,397 |
| Occupancy, rent, utilities, and maintenance | $648 |
| Printing, publications, postage, and shipping | $253 |
| Other expenses | $53,412 |
| Total expenses | $108,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,472 |
| Other assets | $0 |
| Total assets | $165,472 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,472 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Isd 883 Education Foundation has recieved totaling $6,772.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,537 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $235 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
Northstar Education Finance Inc Eagan, MN | $1,293,468,719 | $40,177,777 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Scholarship America Inc Minneapolis, MN | $219,130,905 | $29,933,482 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Team Makers Club Inc Fargo, ND | $24,927,572 | $16,460,437 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Central States Fair Rapid City, SD | $6,354,015 | $4,358,357 |
Sc Johnson Giving Inc Racine, WI | $34,098,989 | $19,343,102 |