Hayward Foundation For Educational Enrichment Inc
- Assets
- $687.1k
- Revenue
- $81.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Hayward, WI
- Founding
- 07/1995
- Data as of
- 06/2022
- EIN
- 39-1780993
Organization Overview
Hayward Foundation For Educational Enrichment Inc is located in Hayward, WI. The organization was established in 1995. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Hayward Foundation For Educational Enrichment 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 06/2022, Hayward Foundation For Educational Enrichment Inc generated $81.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $33.7k during the year ending 06/2022. While expenses have increased by 15.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING TO FURTHER EDUCATIONAL PROGRAMS FOR SCHOOLS OPERATING IN THE HAYWARD COMMUNITY SCHOOL DISTRICT, AND TO ENCOURAGE CREATIVE AND INNOVATIVE EDUCATIONAL PROGRAMS - BENEFITING APPROXIMATELY 1275 STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FUNDING FOR EDUCATIONAL PROGRAMS FOR SCHOOLS OPERATING IN THE HAYWARD COMMUNITY SCHOOL DISTRICT, AND TO ENCOURAGE CREATIVE AND INNOVATIVE EDUCATIONAL PROGRAMS ALLOWING AND HELPING STUDENTS ACHIEVE THEIR FULL POTENTIAL - BENEFITING APPROXIMATELY 1275 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Salle Beckwith Secretary | Officer | 1 | $0 |
Mary Speros Vice President | Officer | 0.5 | $0 |
Michelle Forrester President | Officer | 1 | $0 |
Mark Beckman Treasurer | Officer | 1 | $0 |
Heather Sheehan Board Member | Trustee | 0.25 | $0 |
Chris Hofer Board Member | Trustee | 0.25 | $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 | $1,631 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,631 |
| Total Program Service Revenue | $0 |
| Investment income | $11,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,032 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,942 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,919 |
| 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 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 | $168 |
| 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 | $400 |
| All other expenses | $180 |
| Total functional expenses | $33,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,783 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $629,294 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $687,077 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $10,883 |
| 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 | $10,883 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $573 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $675,621 |
| Total liabilities and net assets/fund balances | $687,077 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hayward Foundation For Educational Enrichment Inc has recieved totaling $9.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
Endowment Analysis
| Beg. Balance | $733,518 |
| Earnings | -$66,960 |
| Admin Expense | $681 |
| Net Contributions | $42,663 |
| Grants | $32,919 |
| Ending Balance | $675,621 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Integrity Educational Services Grand Rapids, MI | $1,165,431 | $9,051,642 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
First Steps Kent Grand Rapids, MI | $2,604,123 | $6,363,440 |
Rockford Rescue Mission Ministries Rockford, IL | $21,367,986 | $9,020,470 |
Hands Of Hope Of Illinois Joliet, IL | $1,296,526 | $5,994,753 |