The Usd 113 Foundation
- Assets
- $2.8m
- Revenue
- $20.8k
- Investments
- $2.7m
- Employees
- 0
- Location
- Sabetha, KS
- Founding
- 09/1995
- Data as of
- 06/2022
- EIN
- 48-1150689
Organization Overview
The Usd 113 Foundation is located in Sabetha, KS. The organization was established in 1995. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Usd 113 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, Usd 113 Foundation generated $20.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $14.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.2%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
USD 113 FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE USD 113 SENIORS WITH SCHOLARSHIPS AND SUPPORT USD 113 WITH RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O. PRIMARY PUROSE IS TO PROVIDE SCHOLARSHIPS TO USD 113 SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Bletscher Treasurer | OfficerTrustee | 1 | $0 |
Briana Evans Vice-Preside | OfficerTrustee | 1 | $0 |
Stan Keim President | OfficerTrustee | 1 | $0 |
Phillip Buessing Director | Trustee | 1 | $0 |
Bill Kent Director | Trustee | 1 | $0 |
Peggy Moore Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $20,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,700 |
| Total Program Service Revenue | $0 |
| Investment income | $109 |
| 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 | $20,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| 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 | $70 |
| Fees for services: Accounting | $1,100 |
| 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 | $9 |
| 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 | $3,023 |
| All other expenses | $336 |
| Total functional expenses | $14,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,792 |
| 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 | $2,746,895 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,813,687 |
| 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 | $66,792 |
| Net assets with donor restrictions | $2,746,895 |
| 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 | $2,813,687 |
Grants Awarded
Over the last fiscal year, The Usd 113 Foundation has awarded $32,265 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
USD 113 PURPOSE: SIGN | $22,265 |
Manhattan, KS PURPOSE: DONOR ADVISED FUNDS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that The Usd 113 Foundation has recieved totaling $441,070.
| Awarding Organization | Amount |
|---|---|
Greater Manhattan Community Foundation Manhattan, KS PURPOSE: FACILITIES IMPROVEMENT | $300,000 |
Greater Manhattan Community Foundation Manhattan, KS PURPOSE: PURCHASE OF MUSICAL INSTRUMENTS | $43,350 |
Greater Manhattan Community Foundation Manhattan, KS PURPOSE: 2020 APPLESEED INNOVATION REQUEST REIMBURSEMENT | $35,882 |
Greater Manhattan Community Foundation Manhattan, KS PURPOSE: 2021-22 APPLESEED GRANTS | $31,769 |
Greater Manhattan Community Foundation Manhattan, KS PURPOSE: NEC NP 4000 PROJECTOR & INSTALLATION | $15,974 |
Greater Manhattan Community Foundation Manhattan, KS PURPOSE: UNIFORMS, WARM-UPS AND EQUIPMENT | $8,597 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wichita State University Union Corporation Wichita, KS | $66,256,585 | $7,746,191 |
Jobs For Americas Graduates - Kansas Inc Topeka, KS | $3,944,623 | $6,226,988 |
I Have A Dream Foundation Of Boulder County Boulder, CO | $14,057,677 | $4,578,837 |
Early Childhood Partnership Of Adams County Thornton, CO | $800,069 | $3,597,107 |
Memorial Union Corporation Of The Emporia State University Emporia, KS | $3,333,170 | $2,619,358 |
Joplin Area Chamber Of Commerce Foundation Joplin, MO | $5,403,542 | $671,310 |
D2 Center Inc Omaha, NE | $1,242,661 | $1,068,276 |
The Soulfisher Ministries St Louis, MO | $805,587 | $1,192,274 |
Uco Student Housing Foundation Edmond, OK | $8,420,793 | $1,591,381 |
Tact Kids Inc Denver, CO | $309,110 | $980,990 |
Lake County Build A Generation Leadville, CO | $674,902 | $1,234,293 |
Food For Thought Denver Arvada, CO | $4,528,056 | $2,208,439 |