Deer Creek-Mackinaw Education Foundation
- Assets
- $552.9k
- Revenue
- $59.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Mackinaw, IL
- Founding
- 02/1997
- Data as of
- 02/2016
- EIN
- 31-1490075
Organization Overview
Deer Creek-Mackinaw Education Foundation is located in Mackinaw, IL. The organization was established in 1997. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Deer Creek-Mackinaw 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS ABLE TO PROVIDE COLLEGE SCHOLARSHIPS TO 7 GRADUATES OF DEER CREEK-MACKINAW SCHOOLS DURING THE YEAR AND TO PROVIDE $4,600 IN SUPPORT TO TEACHER AND TECHNOLOGY INITIATIVES AT THE SCHOOL.
FRANK B. STOWE SCHOLARSHIP ENDOWMENT FUND - THERE WAS NO PROGRAM ACTIVITY IN THE ENDOWMENT FUND DURING THE YEAR AS NO QUALIFIED APPLICANTS APPLIED FOR GRANTS FROM THE ENDOWMENT FUND. ACCOUNT EARNINGS CONTINUE TO ACCUMULATE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Yarnall Treasurer | OfficerTrustee | 1 | $0 |
Judy Stechman Secretary | OfficerTrustee | 0.5 | $0 |
Margaret England President | OfficerTrustee | 0.5 | $0 |
Marilyn Harris Director | Trustee | 0.5 | $0 |
Kelly Burmaster Director | Trustee | 0.5 | $0 |
William Embry Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,720 |
| Investment income | $2,478 |
| 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 | $59,198 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,300 |
| 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 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $210 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,333 |
| Savings and temporary cash investments | $443,884 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $552,918 |
| 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 | $243,189 |
| Net assets with donor restrictions | $2,645 |
| Capital stock or trust principal, or current funds | $307,084 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $552,918 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Deer Creek-Mackinaw Education Foundation has recieved totaling $82.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $82 |
Endowment Analysis
| Beg. Balance | $308,594 |
| Earnings | $1,311 |
| Ending Balance | $309,905 |
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