Success In Education Foundation is located in Salt Lake City, UT. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Success In Education Foundation employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Success In Education 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 06/2022, Success In Education Foundation generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $3.9m during the year ending 06/2022. While expenses have increased by 14.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE EXCELLENCE IN EDUCATION AND HELP UTAH STUDENTS PREPARE FOR POST- SECONDARY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KEYS TO SUCCESS: THE GOAL OF THE PROGRAM IS TO INSPIRE CHANGE IN THE STUDENTS' LIVES BY MOTIVATING, CONNECTING, AND REWARDING THEM FOR THEIR IMPROVEMENTS IN EDUCATIONAL PERFORMANCE. IN THE FALL OF 2018, THE KEYS TO SUCCESS APP WAS LAUNCHED TO PROVIDE STUDENTS WITH SCHOLARSHIPS, INTERNSHIPS, AND OTHER CAREER OPPORTUNITIES PERSONALIZED TO THEIR CHOSEN CAREER INTERESTS. STUDENTS CAN TRACK THEIR PROGRESS, RECEIVE PUSH NOTIFICATIONS, AND USE ADDITIONAL TOOLS LIKE THE ACT PREP AND FASFA HELP TO HELP THEM UNLOCK THEIR FUTURE. THE MORE STUDENTS INTERACT WITH THE APP, THE MORE POINTS STUDENTS EARN THAT CAN BE REDEEMED FOR AWESOME PRIZES. THE APP MAKES IT EASY FOR PARENTS TO ENGAGE WITH THEIR STUDENTS' FUTURE, GOALS, AND CAREER INTERESTS. THE 2021-2022 SCHOOL YEAR ENDED WITH 101,625 STUDENT APP DOWNLOADS AND WITH 160 MILLION IN SCHOLARSHIPS/TUITION WAIVERS AVAILABLE IN THE APP. DURING THE SCHOOL YEAR, ACADEMIC SCHOLARSHIPS WERE AWARDED TO 178 STUDENTS. THE KEYS TO SUCCESS PROGRAM ALSO SPONSORED 1 STATEWIDE ASSEMBLY VIDEO, ACCOMPANIED BY VIRTUAL ASSEMBLY LIVESTREAMS FOR 180 SCHOOLS, AND 1 TELEVISION EVENT. THE PROGRAM PROVIDED 19,500 PRIZES AND INCENTIVES FOR STUDENTS, WITH ONE GRAND PRIZE OF A CAR GIVEAWAY.
WOMEN WHO SUCCEED: THE PURPOSE OF WOMEN WHO SUCCEED IS TO PROVIDE OPPORTUNITIES FOR GIRLS AND YOUNG WOMEN TO GROW IN CONFIDENCE AND LEADERSHIP SKILLS. WE DO THIS THROUGH PROVIDING MENTORING, SCHOLARSHIPS, INTERNSHIPS, AND NETWORKING OPPORTUNITIES. DURING THE 2021-2022 SCHOOL YEAR, 261 YOUNG WOMEN RECEIVED MENTORSHIP, 32 INTERNS WERE PLACED, AND 53,000 WERE AWARDED IN SCHOLARSHIP DOLLARS TO 25 YOUNG WOMEN.
CODE TO SUCCESS & ESPORTS: THE PURPOSE OF CODE TO SUCCESS IS TO PROVIDE CODING AND WEB DEVELOPMENT PRINCIPLES FOR STUDENTS INTERESTED IN COMPUTER SCIENCE. THIS PROGRAM BRIDGES THE GAP BETWEEN EDUCATION AND INDUSTRY BY GETTING STUDENTS INTERESTED IN PROGRAMMING AND SETTING THEM ON A SUCCESSFUL EDUCATION PATHWAY. THE 2021-2022 PROGRAM HAD 295 UTAH STUDENTS ACTIVELY ENGAGED, WITH A 76% OF THOSE STUDENTS COMPLETING THE PROGRAM. A NEW CYBERSECURITY COURSE WAS PILOTED FOR TWO WEEKS OF THE PROGRAM. STUDENT FEEDBACK OF THE CYBERSECURITY PROGRAM WAS EXCELLENT. THE PROGRAM PROVIDED CODE TO SUCCESS GRADUATION CERTIFICATES FOR STUDENTS WHO COMPLETED THE PROGRAM. THESE CERTIFICATES WERE ACCOMPANIED BY A LETTER OF COMPLETION OF THE FIRST THREE STACKABLE CREDENTIALS FOR THOSE STUDENTS WHO COMPLETED BOTH CODING FOUNDATIONS AND DISSECTING REACT JS COURSES DURING THE SIX-WEEK PROGRAM. STACKABLE CREDENTIALS AND COLLEGE CREDIT OPPORTUNITIES WERE PROVIDED THROUGH BOTTEGA. THE PURPOSE OF KEN GARFF ESPORTS IS TO ENHANCE AND ENRICH SCHOLASTIC EXPERIENCES THROUGH AND BEYOND GAMING. IN THE 2021-2022 SCHOOL YEAR, THERE WERE 73 MIDDLE AND HIGH SCHOOL "KEN GARFF ESPORTS" CLUBS THROUGHOUT THE STATE OF UTAH. THE FOUNDATION PROVIDED 1,500 GRANTS TO SUPPORT EACH CLUB, TOTALING 109,500. IN THE 2021-2022 SCHOOL YEAR, KEN GARFF ESPORTS HELD TWO MAJOR EVENTS, THE "FALL FESTIVAL- AND THE "SPRING CELEBRATION" WHERE WE REACHED MORE THAN 700 STUDENTS STATEWIDE. IN PARTNERSHIP WITH THE UNIVERSITY OF UTAH'S ENTERTAINMENT ARTS AND ENGINEERING PROGRAM, WE ANNOUNCED A 10,000 SCHOLARSHIP FUND, EXCLUSIVELY RESERVED FOR KEN GARFF ESPORTS CLUB STUDENTS.
ROAD TO SUCCESS: THE GOAL OF THE PROGRAM IS TO PROVIDE INCENTIVES TO HELP STUDENTS ACHIEVE READING GOALS. DURING THE 2021-2022 SCHOOL YEAR, THE PROGRAM WAS UTILIZED BY 79 ELEMENTARY SCHOOLS, MORE THAN 7,000 STUDENTS AND RESULTED IN MORE THAN 19 MILLION MINUTES LOGGED AS READ. THE PROGRAM HELPS TO IMPROVE LITERACY, VOCABULARY, AND COMMUNICATION SKILLS BY ENCOURAGING DAILY AND LIFELONG READING HABITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard L Folkerson President/ex | OfficerTrustee | 40 | $147,369 |
Kaitlin Dietrich Secretary | Officer | 40 | $55,251 |
Katharine B Garff Chair | OfficerTrustee | 3 | $0 |
James Jardine Board Member | Trustee | 3 | $0 |
Richard E Kendall Board Member | Trustee | 3 | $0 |
Nolan E Karras Board Member | Trustee | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hoverstate 20 Web Design | 6/29/21 | $2,110,100 |
University Of Oregon Platform Develo | 6/29/21 | $980,000 |
Spinoff Llc Videoproduction | 6/29/21 | $200,000 |
Cicero Research Portal Developm | 6/29/21 | $122,865 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $998,929 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,602,066 |
Noncash contributions included in lines 1a–1f | $310,112 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,600,995 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,601,243 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $111,500 |
Grants and other assistance to domestic individuals. | $123,388 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $267,531 |
Compensation of current officers, directors, key employees. | $34,335 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,044,816 |
Pension plan accruals and contributions | $4,260 |
Other employee benefits | $51,449 |
Payroll taxes | $101,891 |
Fees for services: Management | $0 |
Fees for services: Legal | $18,135 |
Fees for services: Accounting | $29,955 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $293,207 |
Advertising and promotion | $65,914 |
Office expenses | $138,980 |
Information technology | $19,592 |
Royalties | $0 |
Occupancy | $0 |
Travel | $19,637 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,807 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,223,046 |
Insurance | $15,338 |
All other expenses | $5,000 |
Total functional expenses | $3,923,905 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,728,293 |
Savings and temporary cash investments | $60,205 |
Pledges and grants receivable | $656,941 |
Accounts receivable, net | $5,827 |
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 | $87,379 |
Net Land, buildings, and equipment | $55,975 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $3,366,739 |
Other assets | $0 |
Total assets | $6,961,359 |
Accounts payable and accrued expenses | $223,107 |
Grants payable | $104,532 |
Deferred revenue | $9,423 |
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 | $337,062 |
Net assets without donor restrictions | $5,455,800 |
Net assets with donor restrictions | $1,168,497 |
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 | $6,961,359 |
Over the last fiscal year, Success In Education Foundation has awarded $24,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
ALPINE SCHOOL DISTRICT ESPORTS PURPOSE: E-SPORT CLUBS | $12,000 |
WCSD FOUNDATION ESPORTS PURPOSE: E-SPORT CLUBS | $12,000 |