Niswonger Foundation
- Assets
- $21.9m
- Revenue
- $12.7m
- Investments
- $10.1m
- Employees
- 0
- Location
- Greeneville, TN
- Founding
- 05/2002
- Data as of
- 06/2023
- EIN
- 62-1871605
Organization Overview
Niswonger Foundation is located in Greeneville, TN. The organization was established in 2002. According to its NTEE Classification (B21) the organization is classified as: Preschools, 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. Niswonger 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 06/2023, Niswonger Foundation generated $12.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $12.6m during the year ending 06/2023. While expenses have increased by 24.9% per year over the past 6 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.
Since 2018, Niswonger Foundation has awarded 41 individual grants totaling $107,716. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT ON TRACK IS A HIGH-DOSAGE/LOW RATIO TUTORING PROGRAM FOR STUDENTS IN GRADES 1-8 IN THE AREAS OF LITERACY AND MATHEMATICS. THIS FORM OF TUTORING IS AN EVIDENCE-BASED PRACTICE THAT HELPS SCHOOLS ADDRESS LEARNING GAPS AND ACCELERATE LEARNING THROUGH MORE INTENSIVE AND PERSONALIZED SUPPORT FOR STUDENTS. MORE THAN 6,000 STUDENTS RECEIVED THESE SERVICES DURING FY 2022-23.
AP (ADVANCED PLACEMENT) ACCESS FOR ALL PROVIDES STUDENTS ACROSS TENNESSEE WITH THE OPPORTUNITY TO ACCESS FREE VIRTUAL AP COURSES, EDUCATIONAL RESOURCES, AND INDIVIDUALIZED TEACHER SUPPORT FROM LICENSED TENNESSEE EDUCATORS, AND OPPORTUNITY FOR AP COURSE TESTING. CURRENT AP TEACHERS HAVE ACCESS TO ADVANCED PROFESSIONAL DEVELOPMENT. TEACHERS INTERESTED IN BECOMING AP TRAINED TEACHERS ARE SUPPORTED IN REACHING THAT GOAL. MORE THAN 3,000 STUDENTS AND 800 TEACHERS WERE PROVIDED THE BENEFITS OF THIS PROGRAM IN FY 2022-23. TWENTY-ONE AP COURSES WERE AVAILABLE TO TENNESSEE'S HIGH SCHOOL STUDENTS.
STEM LD (SCIENCE-TECHNOLOGY-ENGINEERING AND MATHEMATICS LEARNING DESIGN) TARGETS STUDENTS AND EDUCATORS IN GRADES 6-12. THE PROJECT PROVIDES IN-PERSON AND VIRTUAL STEM-RICH ENVIRONMENTS FOR STUDENTS TO ACCELERATE LEARNING AND BE EXPOSED TO STEM FIELDS, LEADING TO POSITIVE STUDENT OUTCOMES AND POTENTIALLY MEANINGFUL EMPLOYMENT IN THE WORKFORCE POST HIGH SCHOOL. THERE IS AN INTENSIVE EFFORT DIRECTED TOWARDS PROFESSIONAL DEVELOPMENT FOR EDUCATORS AND OPPORTUNITIES FOR EARLY POST-SECONDARY OPPORTUNITIES FOR STUDENTS.
THE NISWONGERCARE (COLLEGE ACCESS REACHES EVERYONE) PROGRAM WAS INITIATED FOR THE 2015-2016 SCHOOL YEAR. THIS PROGRAM SERVES 30 HIGH SCHOOLS IN THE NISWONGER CONSORTIUM OF SCHOOL SYSTEMS AND IMPACTS NEARLY 30,000 HIGH SCHOOL STUDENTS. THE NISWONGERCARE PROGRAM COMBINES THE SKILLS GAINED IN THE I3 GRANT PROJECT WITH ELEMENTS OF A MODEL USED BY COLLEGE ADVISING CORP. WITH THIS MODEL, THE NISWONGER FOUNDATION SUPPORTS AND ENHANCES THE IMPORTANT WORK ALREADY BEING ACCOMPLISHED BY THE REGION'S HIGH SCHOOL COUNSELORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott M Niswonger Chairman/founder | 1 | $0 | |
Nikki L Niswonger Secretary | 1 | $0 | |
Dr Nancy L Dishner President & Ceo, Board Mem | 40 | $130,000 | |
David A Golden Board Member | 1 | $0 | |
Alan Levine Board Member | 1 | $0 | |
John A Tweed Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,869,508 |
| Interest on Savings | $0 |
| Dividends & Interest | $299,882 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$108,606 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $679,074 |
| Total Revenue | $12,739,858 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $269,275 |
| Other employee salaries and wages | $267,847 |
| Pension plans, employee benefits | $129,219 |
| Interest | $76,659 |
| Taxes | $45,550 |
| Depreciation | $203,428 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $25,126 |
| Printing and publications | $0 |
| Other expenses | $11,511,685 |
| Total operating and administrative expenses | $12,626,393 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $12,626,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,500 |
| Savings and temporary cash investments | $3,499,264 |
| Net Accounts receivable | $82,762 |
| Net Pledges Receivable | $0 |
| Grants receivable | $2,240,978 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $10,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $443,937 |
| Net Land, buildings, and equipment | $5,736,766 |
| Other assets | $101,861 |
| Total assets | $21,855,275 |
| Accounts payable and accrued expenses | $896,715 |
| Grants payable | $0 |
| Deferred revenue | $89,435 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,536,397 |
| Other liabilities | $0 |
| Total liabilities | $2,522,547 |
Grants Awarded
Over the last fiscal year, Niswonger Foundation has awarded $27,472 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GREENEVILLE CITY SCHOOLS EDUCATION FOUNDATION PURPOSE: GOLD MEDAL SPONSORSHIP | $500 |
GREENE COUNTY PARTNERSHIP INC PURPOSE: TEACHER SUPPLY DEPOT SPONSOR; YOUTH PROGRAMS SUPPORT; KEEP GREENE BEAUTIFUL CAMP SPOTS | $2,750 |
SECOND HARVEST FOOD BANK OF NORTHEAST TENNESSEE PURPOSE: GRANT FOR KID'S BACKPACK PROGRAM | $13,000 |
THE ARTHUR PROJECT PURPOSE: IN HONOR OF LIZ MURRAY | $1,500 |
THE DICTIONARY PROJECT PURPOSE: DICTIONARY PROJECT | $1,872 |
STREAMWORKS PURPOSE: CONTRIBUTION TO ASSIST WITH SCHOLARSHIPS FOR STUDENTS. | $500 |