Okoboji Community School Foundation
- Assets
- $348.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, IA
- Founding
- 02/1997
- Data as of
- 12/2022
- EIN
- 42-1463737
Organization Overview
Okoboji Community School Foundation is located in Milford, IA. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Okoboji Community School 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, Okoboji Community School Foundation generated $46.3k 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 (12.9%) 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 (5.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Wurtz President | 0.01 | $0 | |
Susan Richter Director | 0.5 | $0 | |
Brad Simington Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,437 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,569 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $300 |
| Other Revenue | $0 |
| Total Revenue | $46,306 |
| 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 | $2,186 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $37,852 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $348,660 |
| Other assets | $0 |
| Total assets | $348,660 |
| Total liabilities | $0 |
| Net assets or fund balances | $348,660 |