Flora School District Academic Foundation Inc
- Assets
- $1.1m
- Revenue
- $64.6k
- Investments
- $792.2k
- Employees
- 0
- Location
- Flora, IL
- Founding
- 12/1986
- Data as of
- 06/2021
- EIN
- 37-1192911
Organization Overview
Flora School District Academic Foundation Inc is located in Flora, IL. The organization was established in 1986. 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. Flora School District Academic Foundation Inc 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, Flora School District Academic Foundation Inc generated $64.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $62.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Flora School District Academic Foundation Inc has awarded 246 individual grants totaling $397,774. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLORA COMMUNITY SCHOOL DISTRICT #35, FLORA, IL; ENHANCEMENT OF SCHOOL RELATED EDUCATIONAL PROGRAMS AND PROJECTS IN ADDITION TO A NUMBER OF SCHOLARSHIP RECIPIENTS.
SCHOLARSHIPS AWARDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Hettiger Secretary | 1 | $0 | |
Herb Henson Jr Treasurer | 2 | $0 | |
Bill Atwood President | 1 | $0 | |
Derek Bailey Vice-President | 1 | $0 | |
Calvin Wilson Director | 1 | $0 | |
Carla Nicholson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,380 |
| Interest on Savings | $16,235 |
| Dividends & Interest | $11,910 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,097 |
| Total Revenue | $64,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,773 |
| Total operating and administrative expenses | $6,803 |
| Contributions, gifts, grants paid | $56,130 |
| Total expenses and disbursements | $62,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $270,901 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $720 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $194,205 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,063,858 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Flora School District Academic Foundation Inc has awarded $56,130 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
FLORA COMMUNITY SCHOOL PURPOSE: STUDENT FIELD TRIPSCLASSROOM SUPPLIESEDUCATIONAL PROJECTS | $23,737 |
NATHANIEL FREEMAN PURPOSE: SCHOOL EXPENSE | $2,500 |
AVY NICHOLS PURPOSE: SCHOOL EXPENSE | $2,250 |
HOPE PRIDE PURPOSE: SCHOOL EXPENSE | $2,000 |
ANDREW CONRAD PURPOSE: SCHOOL EXPENSE | $2,000 |
JESSICA BYERS PURPOSE: SCHOOL EXPENSE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Colleges Of Chicago Foundation Chicago, IL | $22,678,364 | $14,327,610 |
Big Ten Academic Alliance Champaign, IL | $13,766,841 | $9,203,675 |
P E O Foundation Des Moines, IA | $140,487,423 | $16,863,604 |
Kidsmart Saint Louis, MO | $4,061,844 | $8,307,759 |
Northwest Foundation Inc Maryville, MO | $55,922,802 | $14,720,589 |
Holy Family Ministries Chicago, IL | $16,241,007 | $8,503,495 |
Middlebury Community Schools Employee Benefit Trust Middlebury, IN | $1,426,617 | $4,992,187 |
Drexel Funds Milwaukee, WI | $18,531,220 | $8,522,964 |
Indianapolis Public Schools Education Foundation Inc Indianapolis, IN | $8,991,095 | $5,839,882 |
North Central States Regional Council Of Carpenters Trng Fund Eau Claire, WI | $10,404,488 | $4,232,713 |
Sand County Foundation Inc Madison, WI | $15,482,706 | $6,154,396 |
Jocotoco Conservation Foundation Chicago, IL | $1,868,451 | $2,719,939 |