U S D 431 Education Foundation
- Assets
- $785.1k
- Revenue
- $29.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Hoisington, KS
- Founding
- 11/1996
- Data as of
- 12/2021
- EIN
- 48-1188436
Organization Overview
U S D 431 Education Foundation is located in Hoisington, KS. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U S D 431 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 12/2021, U S D 431 Education Foundation generated $29.1k 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 (9.7%) each year. All expenses for the organization totaled $18.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.0%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT ACTIVITIES IN THE SCHOOL DISTRICT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT ACTIVITIES IN THE SCHOOL DISTRICT THROUGH SCHOLARSHIPS AND OTHER EDUCATIONAL SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geneva Myers Vice President | OfficerTrustee | 1 | $0 |
Joel Mason President | OfficerTrustee | 1 | $0 |
Katrina Edgerton Secretary | OfficerTrustee | 1 | $0 |
Sara Tarlton Director | Trustee | 1 | $0 |
Tammy Steinert Director | Trustee | 1 | $0 |
Victor Frederking Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,100 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,490 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,590 |
| Total Program Service Revenue | $0 |
| Investment income | $6,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,169 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,410 |
| 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 | $41 |
| 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 | $18,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,241 |
| Savings and temporary cash investments | $596,902 |
| 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 | $100,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $785,143 |
| 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 | $0 |
| 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 | $785,143 |
| Total liabilities and net assets/fund balances | $785,143 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that U S D 431 Education Foundation has recieved totaling $6,825.
| Awarding Organization | Amount |
|---|---|
Golden Belt Community Foundation Great Bend, KS PURPOSE: SHADE STRUCTURE FOR MIDDLE SCHOOL PLAYGROUND. | $6,825 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
The Summit Foundation Breckenridge, CO | $22,333,564 | $6,446,939 |
Delta Dental Plan Of Colorado Foundation Inc Centennial, CO | $49,407,538 | $7,354,088 |
Israel Henry Beren Charitable Foundation Inc Wichita, KS | $31,036,807 | $8,738,031 |
Columbia St Marys Foundation Inc St Louis, MO | $44,777,038 | $4,064,504 |
The Telios Charitable Trust Colorado Springs, CO | $17,399 | $520,477 |