Van Buren Community School Educational Foundation is located in Keosauqua, IA. The organization was established in 1997. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Van Buren Community School Educational 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 12/2022, Van Buren Community School Educational Foundation generated $21.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (51.4%) each year. All expenses for the organization totaled $13.2k during the year ending 12/2022. 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 ENHANCE AND BROADEN COMMUNITY SUPPORT FOR PUBLIC EDUCATION AND TO PROVIDE PRIVATE FUNDING FOR ENHANCEMENT, INNOVATION, AND CHALLENGING PROGRAMS ACROSS A STUDENTS K12 EXPERIENCES IN THE VAN BUREN COUNTY PUBLIC SCHOOLS. WE ARE TRULY INTERESTED IN PROVIDING OUR STUDENTS WITH EVERY OPPORTUNITY TO LEARN AND MAKE A BETTER FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS COMMITTED TO PROVIDING PRIVATE FUNDING FOR ENHANCEMENT, INNOVATION, AND CHALLENGING PROGRAMS ACROSS A STUDENT'S K-12 EXPERIENCES IN THE VAN BUREN COUNTY PUBLIC SCHOOLS. VAN BUREN COUNTY SCHOOL TEACHERS HAVE THE OPPORTUNITY TO APPLY FOR A 450 CLASSROOM "MINI-GRANT" FOR PROJECTS THEY DEEM NECESSARY, BUT ONES THE DISTRICT HAS NO FUNDS TO SUPPLY.
THE FOUNDATION MANAGES AND AWARDS SCHOLARSHIPS TO VAN BUREN AND OTTUMWA HIGH SCHOOL GRADUATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rusty Ebert President | OfficerTrustee | 1 | $0 |
Harry Anderson Vice Preside | OfficerTrustee | 1 | $0 |
Kathy Paulek Secretary | OfficerTrustee | 1 | $0 |
Connie Chase Treasurer | OfficerTrustee | 1 | $0 |
David Kirchner Director | Trustee | 1 | $0 |
Susan Wasko Director | Trustee | 1 | $0 |
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 | $3,675 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,675 |
Total Program Service Revenue | $0 |
Investment income | $11,168 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,761 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $21,604 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,572 |
Grants and other assistance to domestic individuals. | $7,225 |
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 | $0 |
Information technology | $108 |
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 | $13,220 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,026 |
Savings and temporary cash investments | $8,831 |
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 | $678,252 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $689,109 |
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 | $689,109 |
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 | $0 |
Total liabilities and net assets/fund balances | $689,109 |