Owosso Public Schools Foundation
- Assets
- $133.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Owosso, MI
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 20-5901777
Organization Overview
Owosso Public Schools Foundation is located in Owosso, MI. The organization was established in 2007. 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. Owosso Public Schools 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 12/2022, Owosso Public Schools Foundation generated $49.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $51.1k during the year ending 12/2022. While expenses have increased by 20.6% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NET PROCEEDS FROM RAFFLE TO BENEFIT CAREER AND TECHNICAL EDUCATION PROGRAMS AT OWOSSO HIGHS SCHOOL BENEFITTING 200 PLUS STUDENTS ENROLLED IN THE PROGRAM ($40,258 +$6,000 RESERVED FOR SCHOLARSHIPS FOR CTE STUDENTS); AND 2) MINI-GRANTS ($3875) PROVIDED TO STAFF TO CARRY OUT UNIQUE PROGRAMS TO BENEFIT STUDENTS WITHIN THE CLASSROOM BENEFITTING APPROXIMATELY 125 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Van Epps Chairperson | 1 | $0 | |
Mike Konopacke Treasurer | 1 | $0 | |
Melissa Walker Board Member | 1 | $0 | |
Josh Adams Board Member | 1 | $0 | |
Christine Usher Board Member | 1 | $0 | |
Jane Sawer Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,553 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,981 |
| Other Revenue | $0 |
| Total Revenue | $49,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $53 |
| Other expenses | $938 |
| Total expenses | $51,124 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,732 |
| Other assets | $0 |
| Total assets | $133,732 |
| Total liabilities | $60,158 |
| Net assets or fund balances | $73,574 |