Discovery Pto
- Assets
- $23.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Granger, IN
- Founding
- 09/1996
- Data as of
- 06/2018
- EIN
- 35-1985522
Organization Overview
Discovery Pto is located in Granger, IN. The organization was established in 1996. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Discovery Pto 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 06/2018, Discovery Pto generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $13.1k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 3 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP RAISE MONEY TO OFFSET EXPENDITURES FOR STAFF AND STUDENTS AS WELL AS FACILITATE FUNDRAISING PROGRAMS TO HELP STUDENTS OFFSET THE COST ASSOCIATED WITH THEIR 8TH GRADE SCHOOL TRIP TO WASHINGTON D.C. THIS IS DONE BY EARNING MONEY THROUGH RUNNING THE CONCESSION AND SEVERAL FUNDRAISERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE MANAGE AND RUN THE CONCESSION STAND WITHIN THE SCHOOL DURING SPORTING AND EXTRACURRICULAR EVENTS.
WE UTILIZE THE SCRIP PROGRAM WHICH IS A COLLECTION OF NATIONAL AND LOCAL RETAILERS WHO MAKE GIFT CARDS/ CERTIFICATES AVAILABLE FOR PURCHASE BY QUALIFYING NON-PROFIT ORGANIZATIONS. RETAILERS AGREE TO SELL CERTIFICATES TO THE SCHOOL AT A DISCOUNT. SCHOOL FAMILIES BUY THE CERTIFICATES FOR FULL FACE VALUE AND REDEEM THEM FOR FULL FACE VALUE. THE SCHOOL KEEPS THE DIFFERENCE AS REVENUE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Shrout President | OfficerTrustee | 5 | $0 |
Jennifer Mcfarland Vice President | OfficerTrustee | 5 | $0 |
Dana Sullivan Secretary | OfficerTrustee | 5 | $0 |
Sandra Marling Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,048 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,897 |
| Other Revenue | $0 |
| Total Revenue | $11,952 |
| Statement of Expenses | |
|---|---|
| Total expenses | $13,130 |
| Balance Sheet | |
|---|---|
| Total assets | $23,477 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,477 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Discovery Pto has recieved totaling $84.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $84 |
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Edgewood Middle School Parentteacher Organization Highland Park, IL | $188,259 | $339,888 |
New Trier Township High School District 203 Educational Foundatio Northfield, IL | $441,360 | $504,821 |
Mclean County Unit Dist 5 Music Parents Association Normal, IL | $123,708 | $244,735 |
Midvale Lincoln Parent Teacher Organization Inc Madison, WI | $174,864 | $372,510 |