Evergreen Elementary Inc
- Assets
- $5.3m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 65
- Location
- Racine, WI
- Founding
- 08/2014
- Data as of
- 06/2023
- EIN
- 46-2609897
Organization Overview
Evergreen Elementary Inc is located in Racine, WI. The organization was established in 2014. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Evergreen Elementary Inc employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evergreen Elementary 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, Evergreen Elementary Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $3.8m during the year ending 06/2023. While expenses have increased by 12.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL SERVICES TO K4 THROUGH 8TH GRADE TO THE LOCAL RACINE AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATIONAL ASSISTANCE TO LOCAL RACINE AREA STUDENTS
PROVIDE FOOD SERVICE TO STUDENTS ATTENDING SCHOOL
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 |
|---|---|---|---|
Michael Meier Officer | Officer | 45 | $124,130 |
Hillary Huck Officer | Officer | 45 | $123,967 |
Grant Meier Founder | Officer | 0 | $33,361 |
Gerald Kirkland Officer | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,869,694 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,869,694 |
| Total Program Service Revenue | $67,082 |
| Investment income | $9,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,055 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,217,123 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,837,642 |
| Compensation of current officers, directors, key employees. | $281,458 |
| 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 | $212,008 |
| Payroll taxes | $175,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,844 |
| Advertising and promotion | $2,212 |
| Office expenses | $15,215 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $283,738 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,247 |
| Interest | $119,668 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,325 |
| Insurance | $30,071 |
| All other expenses | $245,213 |
| Total functional expenses | $3,756,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,301,265 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $71,357 |
| 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 | $83,352 |
| Net Land, buildings, and equipment | $3,603,054 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $253,621 |
| Total assets | $5,312,649 |
| Accounts payable and accrued expenses | $326,533 |
| 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 | $2,274,498 |
| Unsecured mortgages and notes payable | $3,820 |
| Other liabilities | $85,800 |
| Total liabilities | $2,690,651 |
| Net assets without donor restrictions | $2,621,998 |
| 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 | $5,312,649 |