District 51 Foundation
- Assets
- $253.7k
- Revenue
- $279.1k
- Investments
- $17.8k
- Employees
- 0
- Location
- Grand Junction, CO
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 27-3662704
Organization Overview
District 51 Foundation is located in Grand Junction, CO. The organization was established in 2011. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. District 51 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 12/2021, District 51 Foundation generated $279.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $260.2k during the year ending 12/2021. While expenses have increased by 26.1% 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
SUPPORT EDUCATION AT SCHOOL DISTRICT 51.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING TECHNOLOGY IN SCHOOLS. PURCHASES OF CHROMEBOOK CARTS FOR USE IN SCHOOLS.COMMUNITY OUTREACH & EDUCATING THE COMMUNITY ABOUT THE DISTRICT THROUGH PROGRAMS & CLASSES. PROFESSIONAL & CONTINUING EDUCATION FOR TEACHERS THROUGH GRANTS & EDUCATIONAL PROGRAMS/CONFERENCES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Christensen Executive Di | Officer | 2 | $0 |
Sarah Shrader President | Trustee | 2 | $0 |
Jane Pizem Treasurer | Trustee | 2 | $0 |
Peter Icenogle Vice Preside | Trustee | 2 | $0 |
Tawni Kelley Secretary | Trustee | 2 | $0 |
Keira Bresnahan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $119,671 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,506 |
| Noncash contributions included in lines 1a–1f | $24,137 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,177 |
| Total Program Service Revenue | $0 |
| Investment income | $101 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,219 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $279,059 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,214 |
| Grants and other assistance to domestic individuals. | $63,656 |
| 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 | $15,685 |
| Fees for services: Legal | $1,800 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,787 |
| Office expenses | $6,972 |
| Information technology | $7,864 |
| 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 | $1,044 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,665 |
| All other expenses | $3,063 |
| Total functional expenses | $260,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,901 |
| Savings and temporary cash investments | $0 |
| 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 | $17,770 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $253,671 |
| Accounts payable and accrued expenses | $921 |
| 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 | $921 |
| Net assets without donor restrictions | $238,235 |
| Net assets with donor restrictions | $14,515 |
| 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 | $253,671 |
Grants Awarded
Over the last fiscal year, District 51 Foundation has awarded $73,097 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOOL DISTRICT 51 PURPOSE: GENERAL SUPPORT | $60,097 |
WCCF ENDOWMENT PURPOSE: TUITION FOR STUDENTS | $13,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that District 51 Foundation has recieved totaling $46,903.
| Awarding Organization | Amount |
|---|---|
Western Colorado Community Foundation Inc Grand Junction, CO PURPOSE: EDUCATIONAL | $21,215 |
International Association Of Lions Clubs Grand Junction, CO PURPOSE: CHARITABLE PURPOSES | $18,865 |
United Way Of Mesa County Inc Grand Junction, CO PURPOSE: GENERAL SUPPORT | $6,823 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert B Daugherty Foundation Omaha, NE | $895,599,209 | $80,372,150 |
American Charter Schools Foundation Phoenix, AZ | $87,939,377 | $45,500,400 |
Foundation For Educational Services Inc Lincoln, NE | $9,496,243 | $19,971,650 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Envision Xpress Inc Wichita, KS | $21,582,294 | $13,602,741 |
Nmc Inc Los Alamos, NM | $8,318,653 | $11,151,295 |
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |
Friends Of Guadalupe Salt Lake City, UT | $991,216 | $160,574 |
Rockley Family Foundation Inc Golden, CO | $1,094,070 | $6,767,758 |
Castle Rock Lifelong Learning Center Castle Rock, CO | $14,698,293 | $9,801,652 |