Public Education Foundation Of Valparaiso Indiana Inc is located in Valparaiso, IN. The organization was established in 2007. 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. Public Education Foundation Of Valparaiso Indiana Inc 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 12/2021, Public Education Foundation Of Valparaiso Indiana Inc generated $277.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $169.8k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SECURE FUNDING, GIFTS, AND BEQUESTS TO SUPPORT, PROMOTE, AND ADVANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF VALPARAISO COMMUNITY SCHOOLS; GRANT SCHOLARSHIPS TO HELP GRADUATES OF VALPARAISO HIGH SCHOOL ATTAIN THEIR HIGHER EDUCATION GOALS; AND PROVIDE FUNDS FOR THE DEVELOPMENT AND IMPLEMENTATION OF ACADEMIC CLASSROOM PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE 39 SCHOLARSHIP AWARDS PROVIDE GRANTS TO INDIVIDUALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelley Jones Secretary | Officer | $0 | |
Lindsay Knauff President | Officer | $0 | |
Rick Urschel Vice Preside | Officer | $0 | |
Phil Simon Treasurer | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $67,097 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $67,097 |
Total Program Service Revenue | $188,677 |
Investment income | $21,223 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $276,997 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $124,550 |
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 | $21,813 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $480 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,837 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,571 |
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 | $398 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,203 |
All other expenses | $0 |
Total functional expenses | $169,843 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $508,741 |
Pledges and grants receivable | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $508,741 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $508,741 |
Total liabilities and net assets/fund balances | $508,741 |
Over the last fiscal year, we have identified 2 grants that Public Education Foundation Of Valparaiso Indiana Inc has recieved totaling $41,300.
Awarding Organization | Amount |
---|---|
Porter County Community Foundation Inc Valparaiso, IN PURPOSE: TO ASSIST THE ORGANIZATION IN FURTHERING ITS EXEMPT PURPOSE | $26,300 |
John W Anderson Foundation Valparaiso, IN PURPOSE: SCHOLARSHIP | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |