Williamston Schools Foundation
- Assets
- $750.5k
- Revenue
- $84.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Williamston, MI
- Founding
- 02/1982
- Data as of
- 08/2021
- EIN
- 38-2391436
Organization Overview
Williamston Schools Foundation is located in Williamston, MI. The organization was established in 1982. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary 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. Williamston 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 08/2021, Williamston Schools Foundation generated $84.5k 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 (17.2%) each year. All expenses for the organization totaled $32.8k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (25.5%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDS TO ENRICH AND ENHANCE THE QUALITY OF EDUCATION IN THE WILLIAMSTON COMMUNITY SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS PAID TO GRADUATE SENIORS TO ASSIST IN THEIR COLLEGE EDUCATION COSTS. N/A
CONTRIBUTIONS/GRANTS TO TEACHERS AND STUDENT GROUPS IN THE WILLIAMSTON COMMUNITY SCHOOLS TO ENRICH AND ENHANCE THE QUALITY OF EDUCATION IN THE SCHOOL DISTRICT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Bahle Foundation Admin | Officer | 10 | $12,097 |
Deb Guenther Treasurer | OfficerTrustee | 0 | $0 |
Norm Jolin Chair | OfficerTrustee | 0 | $0 |
Michelle Lycos Vice Chair | OfficerTrustee | 0 | $0 |
Benjamin Eichler Trustee | Trustee | 0 | $0 |
Kelly Sesti Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,167 |
| Related organizations | $0 |
| Government grants | $52,911 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,078 |
| Total Program Service Revenue | $0 |
| Investment income | $23,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,097 |
| Compensation of current officers, directors, key employees. | $6,049 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,539 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,978 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $96 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $32,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,277 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $563 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $185,815 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $480,850 |
| Total assets | $750,505 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $455,170 |
| Net assets with donor restrictions | $295,335 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $750,505 |
Grants Awarded
Over the last fiscal year, Williamston Schools Foundation has awarded $364,951 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Williamston, MI PURPOSE: SENIOR BENEFIT FUND | $283,827 |
WILLIAMSTON COMMUNITY SCHOOLS PURPOSE: SUPPORT SCHOOLS | $81,124 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Williamston Schools Foundation has recieved totaling $7,834.
| Awarding Organization | Amount |
|---|---|
Capital Region Community Foundation Lansing, MI PURPOSE: DESIGNATED FUND | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $334 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Irvington Community School Inc Indianapolis, IN | $11,536,265 | $10,230,749 |
Focus Learning Academy Of Northern Columbus Columbus, OH | $4,955,005 | $10,294,417 |
Grandville Calvin Christian Schools Grandville, MI | $14,193,640 | $13,469,439 |
Evansville Christian School Inc Evansville, IN | $23,040,172 | $14,170,255 |
Jewish Community High School West Bloomfield, MI | $39,503,108 | $46,093,154 |
Crown Point Christian School Association Inc St John, IN | $17,763,143 | $11,392,126 |
Oak Farm School Inc Avilla, IN | $30,325,105 | $11,726,261 |
University Lake School Inc Hartland, WI | $13,151,982 | $7,209,349 |
Marsh Foundation Van Wert, OH | $62,845,509 | $6,305,543 |
Cincinnati Christian Schools Inc Fairfield, OH | $5,903,522 | $6,827,810 |
Evansville Day School Inc Evansville, IN | $4,284,968 | $5,798,997 |
Interactive Academy Inc Zionsville, IN | $16,796,831 | $7,015,454 |