Thurston Parent Teacher Organization
- Assets
- $93.0k
- Revenue
- $67.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 11/1997
- Data as of
- 07/2020
- EIN
- 38-3370044
Organization Overview
Thurston Parent Teacher Organization is located in Ann Arbor, MI. The organization was established in 1997. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Thurston Parent Teacher Organization 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 07/2020, Thurston Parent Teacher Organization generated $67.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $78.2k during the year ending 07/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FINANCIAL SUPPORT FOR NEEDS PARTICULAR TO THURSTON SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL SUPPORT TO FURTHUR THE ACADEMIC AND OTHER NEEDS OF THE STUDENTS AT THURSTON ELEMENTARY
TO PROVIDE FINANCIAL SUPPORT TO FURTHUR THE ACADEMIC AND OTHER NEEDS OF THE STUDENTS AT THURSTON ELEMENTARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Chae Secretary | OfficerTrustee | $0 | |
Mary Manthey Vice Preside | OfficerTrustee | $0 | |
Tayfun Ozdemir Treasurer | OfficerTrustee | $0 | |
Jon Svoboda President | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,345 |
| Investment income | $0 |
| 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 | $67,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $78,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,830 |
| Savings and temporary cash investments | $13,162 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $92,992 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $92,992 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thurston Parent Teacher Organization has recieved totaling $537.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $537 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Afterschool Network Indianapolis, IN | $20,410,535 | $4,884,390 |
Rockford Parent & Booster Organizations Rockford, MI | $837,266 | $1,592,369 |
St Vincent St Mary High School Foundation Akron, OH | $26,787,695 | $1,842,720 |
Leaves Of Learning Inc Deer Park, OH | $851,741 | $1,661,930 |
Lanse Creuse High School Central Band Boosters Inc Harrison Township, MI | $182,658 | $1,371,265 |
Birthing Beautiful Communities Cleveland, OH | $1,960,635 | $2,919,450 |
Worthington Christian Schools Prnt Tchr Flwshp Endow Fund Westerville, OH | $28,428 | $10,595 |
Hudsonville Parent & Booster Group Hudsonville, MI | $415,041 | $584,922 |
Grand Rapids University Preparatory Academy Association Grand Rapids, MI | $7,460,350 | $224,508 |
Wolves Athletic Association Columbus, OH | $487,343 | $472,252 |
Globallead Mansfield, OH | $164,733 | $367,249 |
Rice Lake Celebrity Charity Classic Inc Rice Lake, WI | $18,015 | $254,581 |