Heights Schools Foundation
- Assets
- $382.4k
- Revenue
- $205.0k
- Investments
- $0.0
- Employees
- 1
- Location
- University Heights, OH
- Founding
- 07/2017
- Data as of
- 06/2021
- EIN
- 32-0513315
Organization Overview
Heights Schools Foundation is located in University Heights, OH. The organization was established in 2017. 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. Heights 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 06/2021, Heights Schools Foundation generated $205.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $185.7k during the year ending 06/2021. While expenses have increased by 14.4% per year over the past 5 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 ENHANCE AND ENRICH THE EDUCATIONAL EXPERIENCES OF STUDENTS OF THE CH-UH CITY SCHOOL DISTRICT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AWARDED TO DESERVING STUDENTS OF CLEVELAND HEIGHTS-UNIVERSITY HEIGHTS SCHOOL DISTRICT THROUGHOUT THE SCHOOL YEAR. TWENTY-FIVE GRADUATING SENIOR STUDENTS RECEIVED A TOTAL OF $35,750.
GRANTS TO CHUH SCHOOLS AND STAFF TO SUPPORT CLASSROOM CREATIVE ARTS, MUSIC, TECHNOLOGY, SCIENCES AND ENRICHMENT, AND PROGRAMS PROVIDED TO CHUH SCHOOLS IN THOSE SAME CATEGORIES TOTALING $27,947 SERVING MORE THAN 3,000 STUDENTS.
GRANTS TO SUPPORT FULL TIME REMOTE LEARNING CENTERS TOTALING $51,000 SERVING MORE THAN 150 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julianna Johnston Senturia Executive Director | OfficerTrustee | 30 | $26,717 |
Susan D Carver President | OfficerTrustee | 2 | $0 |
Steven Haynie Vice President | OfficerTrustee | 2 | $0 |
Meghan Zehnder Mcmahon Treasurer | OfficerTrustee | 2 | $0 |
Peter Shriver Secretary | OfficerTrustee | 2 | $0 |
Tim Jones Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,764 |
| Investment income | $8,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$135 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$323 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,998 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $35,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $26,717 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,012 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,882 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,870 |
| Advertising and promotion | $16 |
| Office expenses | $233 |
| 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 | $185,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,804 |
| Savings and temporary cash investments | $317,387 |
| 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 | $584 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $30,581 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $382,356 |
| 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 |
| Total liabilities and net assets/fund balances | $382,356 |
Grants Awarded
Over the last fiscal year, Heights Schools Foundation has awarded $85,468 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CH-UH CITY SCHOOL DISTRICT PURPOSE: EDUCATIONAL ENRICHMENT | $7,272 |
RIGHT AT SCHOOL PURPOSE: REMOTE LEARNING CENTERS | $40,000 |
OPEN DOORS ACADEMY PURPOSE: REMOTE LEARNING CENTERS | $11,000 |
ROXARTS PURPOSE: ARTS EDUCATION FOR K-8 | $15,256 |
INSPIRING MINDS NYC INC PURPOSE: CIVICS PROGRAM FOR K-8 | $11,940 |