Walnut Hills High School Alumni Foundation is located in Cincinnati, OH. The organization was established in 1996. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2022, Walnut Hills High School Alumni Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walnut Hills High School Alumni 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, Walnut Hills High School Alumni Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. 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 FACILITATE THE EDUCATIONAL OBJECTIVE OF WALNUT HILLS HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATIONAL PROGRAMS AND PROFESSIONAL DEVELOPMENT FOR STUDENTS, TEACHERS AND ADMINISTRATORS.
PROVIDED RESOURCES FOR THE DISTRIBUTION OF EDUCATIONAL SCHOLARSHIPS TO STUDENTS.
PROVIDED BUILDING AND GROUNDS IMPROVEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deborah Heldman Executive Director | Officer | 40 | $140,697 |
Neil Bortz President | OfficerTrustee | 2 | $0 |
John Fischer III Secretary | OfficerTrustee | 2 | $0 |
Grant Hesser Treasurer | OfficerTrustee | 2 | $0 |
Kathy Burlew Trustee | Trustee | 1 | $0 |
Brian Dietz Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $116,976 |
All other contributions, gifts, grants, and similar amounts not included above | $1,243,396 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,360,372 |
Total Program Service Revenue | $573,178 |
Investment income | $54,490 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$111,711 |
Net Income from Fundraising Events | -$104,988 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$3,927 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,767,414 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $339,449 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $140,696 |
Compensation of current officers, directors, key employees. | $19,697 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $218,899 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $41,781 |
Payroll taxes | $29,961 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $54,401 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $10,304 |
Fees for services: Other | $0 |
Advertising and promotion | $12,853 |
Office expenses | $41,239 |
Information technology | $4,236 |
Royalties | $0 |
Occupancy | $41,754 |
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 | $1,206 |
Insurance | $1,733 |
All other expenses | $878 |
Total functional expenses | $1,433,737 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $827,759 |
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 | $186,085 |
Investments—publicly traded securities | $2,248,533 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,262,377 |
Accounts payable and accrued expenses | $2,670 |
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 | $2,670 |
Net assets without donor restrictions | -$203,894 |
Net assets with donor restrictions | $3,463,601 |
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 | $3,262,377 |