South Dearborn Schools Endowment Corporation

Organization Overview

South Dearborn Schools Endowment Corporation is located in Aurora, IN. The organization was established in 1998. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. South Dearborn Schools Endowment Corporation 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 06/2023, South Dearborn Schools Endowment Corporation generated $227.9k 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 (9.1%) each year. All expenses for the organization totaled $132.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

GRANTING FUNDS FOR EDUCATIONAL PURPOSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENRICHING THE EDUCATIONAL EXPERIENCE OF THE STUDENTS OF THE SOUTH DEARBORN SCHOOL CORP. BY FUNDING PROGRAMS BEYOND THE REGULAR SCHOOL BUDGET AND PROVIDING SCHOLARSHIPS TO INDIVIDUALS TO FURTHER THEIR EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Louden
Member
$0
Dave Lusby
Member
$0
Chris Daugherty
Vice Preside
$0
Eric Lows
President
$0
Scott Willoughby
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $225,020
All other contributions, gifts, grants, and similar amounts not included above$47
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$225,067
Total Program Service Revenue$0
Investment income $17,980
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$15,180
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $227,867

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