Bennington Public Schools Foundation

Organization Overview

Bennington Public Schools Foundation is located in Bennington, NE. The organization was established in 1993. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2021, Bennington Public Schools Foundation employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bennington Public 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 12/2021, Bennington Public Schools Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $964.9k during the year ending 12/2021. While expenses have increased by 10.5% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE BENNINGTON PUBLIC SCHOOLS.THE PRIMARY PURPOSE OF THIS ORGANIZATION IS TO PROVIDE AFFORDABLE BEFORE AND AFTER SCHOOL DAY CARE AND PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS GOING ON TO COLLEGE TO FURTHER THEIR EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF THE ALL STARS KIDS CHILD CARE PROGRAM SERVING FAMILIES IN THE BENNINGTON NEBRASKA COMMUNITY WITH BEFORE AND AFTER SCHOOL CHILD CARE.


CLASSROOM GRANTS AND SCHOLARSHIP ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Brad Baumert
President
$0
Melissa Freed
Vice President
$0
Terry Haack
Secretary & Treasurer
$0
Matt Deaver
Member At Large
$0
Darrin Mercer
Member At Large
$0
Ty Hughes
Member At Large
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$89,221
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$18,386
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$107,607
Total Program Service Revenue$1,043,312
Investment income $108,712
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $88,068
Net Income from Fundraising Events -$17,067
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,330,632

Endowment Analysis

Beg. Balance$59,093
Earnings$5,607
Admin Expense$336
Grants$500
Ending Balance$63,864

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