Sac Community School District Educational Foundation Inc
- Assets
- $334.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sac City, IA
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 42-1371311
Organization Overview
Sac Community School District Educational Foundation Inc is located in Sac City, IA. The organization was established in 1992. 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. Sac Community School District Educational 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 12/2021, Sac Community School District Educational Foundation Inc generated $7.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $9.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS GIVEN TO SAC COMMUNITY GRADUATES TO GO TOWARD COLLEGE EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Bruns President | 0 | $0 | |
Lance Wilhelm Vice Preside | 0 | $0 | |
Nancy Handley Secretary | 0 | $0 | |
Renae Jacobsen Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,383 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,809 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,192 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $62 |
| Other expenses | $0 |
| Total expenses | $9,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $334,468 |
| Other assets | $0 |
| Total assets | $334,468 |
| Total liabilities | $0 |
| Net assets or fund balances | $334,468 |
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