Education Foundation Of Teton Valley
- Assets
- $764.7k
- Revenue
- $479.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Driggs, ID
- Founding
- 12/2005
- Data as of
- 06/2022
- EIN
- 54-2181870
Organization Overview
Education Foundation Of Teton Valley is located in Driggs, ID. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Education Foundation Of Teton Valley employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Foundation Of Teton Valley 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, Education Foundation Of Teton Valley generated $479.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $301.8k during the year ending 06/2022. While expenses have increased by 20.6% per year over the past 5 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
TO ELEVATE PUBLIC EDUCATION BY FUNDING INNOVATIVE PROGRAMS AND CRITICAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATION FOUNDATION OF TETON VALLEY'S MOST SIGNIFICANT PROGRAM DURING THE 2021-2022 FISCAL YEAR WAS BOUND FOR SUCCESS. THIS PROGRAM SUPPORTS COLLEGE AND CAREER READINESS EFFORTS IN TETON HIGH SCHOOL AND TETON MIDDLE SCHOOL BY PROVIDING PROFESSIONAL TRAINING TO SCHOOL DISTRICT TEACHERS IN COLLEGE AND CAREER READINESS LEARNING AS WELL AS HELPS PLACE A ROOTED POSITION AT TETON HIGH SCHOOL. THE ROOTED POSITION, ALSO KNOWN AS THE POST-SECONDARY ADVISOR, WORKS WITH ALL TWELFTH GRADE STUDENTS TO HELP THEM PREPARE FOR A SUCCESSFUL TRANSITION OUT OF HIGH SCHOOL. THIS POSITION'S GOAL IS THAT EVERY STUDENT GRADUATES WITH A PLAN IN PLACE FOR POST-HIGH SCHOOL AND THAT STUDENTS WHO WOULD BENEFIT FROM A TRADE SCHOOL, TWO-YEAR COLLEGE OR FOUR-YEAR COLLEGE ARE ENROLLED AND HAVE THE RESOURCES THEY NEED TO SUCCEED.
THE EDUCATION FOUNDATION OF TETON VALLEY WORKS TO ELEVATE PUBLIC EDUCATION THROUGH A THREE-INITIATIVE APPROACH. WE PREPARE STUDENTS, SUPPORT OUR SCHOOLS, AND ENHANCE PUBLIC EDUCATION. ALL EDUCATION FOUNDATION PROGRAMS FALL WITHIN ONE OF OUR THREE INITIATIVES INCLUDING THE THREE PROGRAMS MENTIONED ABOVE. ADDITIONAL PROGRAMS INCLUDE PARENT EDUCATION PROGRAMS AND BACK-TO-SCHOOL READINESS RESOURCES, SUMMER LEARNING PROGRAMS, AT-HOME LIBRARY PROGRAMS, EXPEDITION YELLOWSTONE FIELD TRIPS, ROBOTICS PROGRAMS, AFTERSCHOOL PROGRAMS, AND CLASSROOM SUPPORT. THIS WORK IS POSSIBLE BECAUSE OF A DEDICATED SCHOOL DISTRICT AND ENGAGED COMMUNITY.
THE EDUCATION FOUNDATION OF TETON VALLEY PROVIDES SPANISH LANGUAGE CLASSES ACROSS THREE KINDERGARTEN-THIRD GRADE ELEMENTARY SCHOOLS. THIS PROGRAM ENSURES EVERY ELEMENTARY STUDENT HAS A CHANCE TO LEARN A FOREIGN LANGUAGE DURING THEIR EARLY LANGUAGE DEVELOPMENT YEARS. THE PROGRAM PROVIDES A NATIVE-SPANISH SPEAKING TEACHER WHO MODELS APPROPRIATE LANGUAGE AND PROVIDES TEACHER REPRESENTATION FOR THE APPROXIMATELY 30% OF STUDENTS WHO IDENTIFY AS LATINO IN THE SCHOOL DISTRICT. THE CURRICULUM IS DESIGNED TO SUPPORT LANGUAGE DEVELOPMENT AND UNDERSTANDING OF SPANISH-SPEAKING CULTURES.
THE EDUCATION FOUNDATION OF TETON VALLEY'S CLASSROOM GRANT PROGRAM PROVIDES TEACHERS AND ADMINISTRATORS THE ABILITY TO APPLY FOR FUNDING TO SUPPORT CRITICAL NEEDS OR INNOVATIVE PROGRAMS IN THEIR SCHOOLS AND CLASSROOMS. APPLICATIONS ARE ACCEPTED THREE TIMES PER YEAR. THE GRANT PROCESS IS COMPETITIVE, AND GRANTS ARE SCORED BASED ON A RUBRIC. THE GRANTS AWARDED THROUGH THIS PROGRAM IMPACT THE VAST MAJORITY OF STUDENTS IN GRADES K-12TH. WE AIM TO PROVIDE 5,000 PER CYCLE EACH YEAR FOR A TOTAL OF 15,000 PER SCHOOL YEAR. TOTAL AMOUNTS VARY AND DEPEND ON APPLICATIONS SUBMITTED AND ADDITIONAL FUNDING AVAILABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nan Pugh Chair | OfficerTrustee | 4 | $0 |
Chris Valiante Vice Chair | OfficerTrustee | 4.5 | $0 |
Elizabeth Knowles Treasurer | OfficerTrustee | 4 | $0 |
Shelley Streit Secretary | OfficerTrustee | 4 | $0 |
Chris Lundberg Dierctor | Trustee | 1 | $0 |
Rose Hendricks 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 | $450,781 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $450,781 |
| Total Program Service Revenue | $0 |
| Investment income | $10,761 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,113 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $479,655 |
| 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 | $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 | $66,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,388 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,100 |
| Fees for services: Other | $160 |
| Advertising and promotion | $3,420 |
| Office expenses | $1,210 |
| 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 | $2,823 |
| All other expenses | $0 |
| Total functional expenses | $301,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,808 |
| Savings and temporary cash investments | $698,937 |
| 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 | $764,745 |
| 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 | $1,854 |
| Total liabilities | $1,854 |
| Net assets without donor restrictions | $312,134 |
| Net assets with donor restrictions | $450,757 |
| 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 | $764,745 |