Simon Estes Iowa Educational Foundation
- Assets
- $1.1m
- Revenue
- $402.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Ankeny, IA
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 42-1525276
Organization Overview
Simon Estes Iowa Educational Foundation is located in Ankeny, IA. The organization was established in 2002. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Simon Estes Iowa 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, Simon Estes Iowa Educational Foundation generated $402.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $31.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS FILMING A DOCUDRAMA FEATURING THE LIFE OF SIMON ESTES. THE PURPOSE OF THE DOCUDRAMA IS TO BRING WHITE AND BLACK PEOPLE TOGETHER AND PUT AN END TO RACISM. THE DOCUDRAMA HAS BEEN DELAYED IN COMPLETION DUE TO COVID BUT THE PLAN IS TO COMPLETE THE FILM BY THE END OF 2024.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simon Estes President | OfficerTrustee | 5 | $0 |
Paul Ferrone Former Director, Secretary | 15 | $18,594 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,500 |
| Interest on Savings | $1,603 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $402,103 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,860 |
| Total operating and administrative expenses | $19,575 |
| Contributions, gifts, grants paid | $11,500 |
| Total expenses and disbursements | $31,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $579,550 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $473,733 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,053,283 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Simon Estes Iowa Educational Foundation has awarded $11,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
DMACC FOUNDATION PURPOSE: SCHOLARSHIPS | $800 |
UNIVERISTY OF IOWA PURPOSE: SCHOLARSHIPS | $1,800 |
INDIAN HILLS COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $1,600 |
BRADLEY UNIVERSITY PURPOSE: SCHOLARSHIPS | $800 |
IOWA STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $800 |
LUTHER COLLEGE PURPOSE: SCHOLARSHIPS | $900 |