Hastings Catholic Schools Foundation

Organization Overview

Hastings Catholic Schools Foundation is located in Hastings, NE. The organization was established in 1985. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, 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. Hastings Catholic 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 06/2022, Hastings Catholic Schools Foundation generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 57.3% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 37.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FUNDS FOR EDUCATIONAL OR RELIGIOUS PURPOSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ST. CECILIA HIGH SCHOOL INCOME FROM INVESTED CAPITAL FOR USE IN PAYMENT OF OPERATIONAL EXPENSES AND ANY SPECIAL NEEDS DETERMINED BY THE BOARD OF DIRECTORS


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Board, Officers & Key Employees

Name (title)Compensation
Michael Walenz
President
$0
Pat Mertens
Vice Chair
$0
Matt Greenquist
Vice Chair
$0
Marv Schultes
Secretary
$0
Jeremy Evans
Treasurer
$0
Hauli Sabatka
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,393,594
Noncash contributions included in lines 1a–1f $646,093
Total Revenue from Contributions, Gifts, Grants & Similar$3,393,594
Total Program Service Revenue$0
Investment income $228,183
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $87,036
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,708,813

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