Siloam Springs Public School Foundation Inc is located in Siloam Springs, AR. The organization was established in 2013. 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. Siloam Springs Public School 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 06/2023, Siloam Springs Public School Foundation Inc generated $248.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $28.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (24.4%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SILOAM SPRINGS PUBLIC SCHOOL FOUNDATION (SSPSF) IS AN INDEPENDENT 501 (C)(3) ORGANIZATION AND IS THE NON-PROFIT PHILANTHROPIC PARTNER OF THE SILOAM SPRINGS SCHOOL DISTRICT. WE BELIEVE OUR COMMUNITY IS STRENGTHENED WHEN EVERY STUDENT HAS EQUITABLE ACCESS TO QUALITY EDUCATION AND EXTRACURRICULAR ACTIVITIES. WE COLLABORATE WITH LOCAL COMPANIES, BUSINESS LEADERS, AND RESIDENTS TO RAISE FUNDS FOR THE STRATEGIC NEEDS OF OUR PUBLIC SCHOOLS. FOUNDED IN 2012, THE SCOPE OF THE FOUNDATION'S WORK IS FOCUSED ON MAJOR CAPITAL PROJECTS AND GRANTS FOR TEACHERS TO PROMOTE INNOVATION IN INSTRUCTION AND PROFESSIONAL DEVELOPMENT. THIS HAS SUPPORTED THREE MAJOR FACILITY PROJECTS: PANTHER STADIUM, THE CAREER ACADEMY OF SILOAM SPRINGS (CASS) FACILITY, AND THE NEW MULTI-SPORT COMPLEX FOR BASEBALL, SOFTBALL, AND TENNIS. THE 2023-2024 SCHOOL YEAR WILL SERVE AS THE PILOT OF THE TEACHER GRANT PROGRAM MODELED AFTER LIKE PROGRAMS BY OUR SISTER FOUNDATIONS IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED TO RAISE FUNDS FOR THE CONSTRUCTION OF HIGH SCHOOL FOOTBALL STADIUM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Avery Director | Trustee | 1 | $0 |
Tammy Engle Treasurer | OfficerTrustee | 1 | $0 |
Audra Farrell Vice Preside | OfficerTrustee | 1 | $0 |
Beth Graves President | OfficerTrustee | 1 | $0 |
Chuck Hyde Director | Trustee | 1 | $0 |
Kimmie Provost 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 | $248,450 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $248,450 |
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 | $248,450 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $28,000 |
Grants and other assistance to domestic individuals. | $0 |
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 | $88 |
Information technology | $0 |
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 | $28,088 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $226,700 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $226,700 |
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 | $4,700 |
Net assets with donor restrictions | $222,000 |
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 | $226,700 |
Over the last fiscal year, Siloam Springs Public School Foundation Inc has awarded $75,585 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SILOAM SPRINGS SCHOOL DISTRICT PURPOSE: STADIUM PROJECT | $65,346 |
SILOAM SPRINGS SCHOOL DISTRICT PURPOSE: BAND BLEACHERS | $10,239 |