Greater Portage Youth Education Foundation Inc
- Assets
- $136.5k
- Revenue
- $42.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Portage, WI
- Founding
- 05/1996
- Data as of
- 12/2022
- EIN
- 39-1836447
Organization Overview
Greater Portage Youth Education Foundation Inc is located in Portage, WI. The organization was established in 1996. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Portage Youth Education 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 12/2022, Greater Portage Youth Education Foundation Inc generated $42.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $37.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.2%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CORPORATION SHALL BE TO SUPPORT, ASSIST IN FUNDING OF, AND TO GENERALLY PROMOTE ACTIVITIES SUCH AS SCHOLARSHIPS, FINE ARTS, DEVELOPMENT AND CONSTRUCTION OF FACILITIES AND OTHER PURPOSES, WHICH PROVIDE EDUCATIONAL AND ATHLETIC RELATED OPPURTUNITIES FOR YOUTH IN AND AROUND THE PORTAGE, WISCONSIN AREA. THE CORPORATION MAY ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES INCIDENTAL TO THE FOREGOING PURPOSES, AND FOR THE ADMINISTRATION OF ITS AFFAIRS. THE CORPORATION SHALL NOT, EXCEPT TO AN INSUBSTANTIAL DEGREE, ENGAGE IN ANY ACTIVITIES OR EXERCIZE ANY POWERS THAT ARE NOT IN FURTHERANCE OR THE PRIMARY PURPOSES OF THE CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GPYEF, INC. SCHOLARHSHIPS. AWARDED 5,000 IN SCHOLARSHIPS
ALL OTHER PROGRAM EXPENSES WHICH PROVIDE EDUCATIONAL, CULTURAL AND ATHLETIC RELATED OPPURTUNITIES FOR AREA YOUTH.
GPYEF, INC. DONATIONS TO PORTAGE COMMUNITY SCHOOL DISTRICT
GPYEF, INC DONATIONS TO PORTAGE SR. HIGH SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mckenzie Gazapian Board Member | Trustee | 2 | $0 |
Mike Hurd Board Member | Trustee | 2 | $0 |
Susan Kreckman Board Member | Trustee | 2 | $0 |
Michael Nelson Board Member | Trustee | 2 | $0 |
Nancy Ziegler Board Member | Trustee | 2 | $0 |
Sue Conner Vice Preside | Officer | 5 | $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 | $33,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,500 |
| Total Program Service Revenue | $0 |
| Investment income | $383 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,995 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,878 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,135 |
| 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 | $3,350 |
| 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 | $583 |
| 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 | $37,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,842 |
| Savings and temporary cash investments | $48,285 |
| 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 | $71,377 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $136,504 |
| Accounts payable and accrued expenses | $6,000 |
| 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 | $6,000 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $130,504 |
| Total liabilities and net assets/fund balances | $136,504 |
Grants Awarded
Over the last fiscal year, Greater Portage Youth Education Foundation Inc has awarded $34,636 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PORTAGE COMM SCHOOL DISTRICT PURPOSE: DONATION | $27,436 |
PORTAGE SR HIGH SCHOOL PURPOSE: DONATION | $7,200 |