Norman Public School Foundation
- Assets
- $3.0m
- Revenue
- $393.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Norman, OK
- Founding
- 05/1984
- Data as of
- 12/2022
- EIN
- 73-1208845
Organization Overview
Norman Public School Foundation is located in Norman, OK. The organization was established in 1984. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2022, Norman Public School Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norman Public School 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 12/2022, Norman Public School Foundation generated $393.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $566.8k during the year ending 12/2022. 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
THE NORMAN PUBLIC SCHOOL FOUNDATION WAS ESTABLISHED TO INVEST IN THE FUTURE OF PUBLIC EDUCATION IN NORMAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO TEACHERS - THE NORMAN PUBLIC SCHOOL FOUNDATION (NPSF) WAS CREATED TO ENHANCE THE EDUCATIONAL EXPERIENCE FOR STUDENTS IN NORMAN PUBLIC SCHOOLS. NPSF HAS FURTHERED THIS GOAL THROUGH THE GRANTS-TO-TEACHERS PROGRAM. AWARDED TEACHER GRANTS FUND INSTRUCTIONAL MATERIALS AND APPROACHES, FROM THE MOST BASIC TO THE MOST INNOVATIVE. GRANTS ARE DESIGNED TO PROVIDE ENHANCEMENTS TO CLASSROOM ENVIRONMENTS AND EMPOWER TEACHERS TO BE CREATIVE AND INNOVATIVE AS THEY CREATE ENGAGING LESSONS.
ONGOING OPERATIONS - HELP MAINTAIN THE ONGOING OPERATIONS AND BACK-OFFICE SUPPORT TO ENSURE QUALITY PROGRAMS ARE ADEQUATELY SUPPORTED.
SUDDEN OPPORTUNITY PROGRAM - OUR SUDDEN OPPORTUNITY PROGRAM EXISTS TO ENSURE THE FOUNDATION CAN ASSIST WITH ADDITIONAL OPPORTUNITIES THAT ENRICH LEARNING EXPERIENCES FOR STUDENTS. NPSF UNDERSTANDS SIGNIFICANT NEEDS MAY ARISE THAT FALL OUTSIDE OF OUR GENERAL CLASSROOM SUPPORT GRANT PROGRAM. THIS PROGRAM HELPS FILL THAT NEED.
TRIBUTES AND MEMORIALS - THIS PROGRAM ALLOWS INDIVIDUALS TO THANK A SPECIAL TEACHER OR FRIEND, HONOR A LOVED ONE, OR MEMORIALIZE SOMEONE SPECIAL. ALL CONTRIBUTIONS PROVIDE A MEANINGFUL WAY FOR TO BOTH HONOR SOMEONE SPECIAL AND MAKE A DIFFERENCE IN THE ACADEMIC OPPORTUNITIES AVAILABLE TO STUDENTS IN NORMAN PUBLIC SCHOOLS. DONATIONS ARE INVESTED INTO NORMAN CLASSROOMS THROUGH THE GRANTS-TO-TEACHERS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Floyd President | OfficerTrustee | 1 | $0 |
Kevin Hopper Treasurer | OfficerTrustee | 1 | $0 |
Mariann Lawson Past Preside | OfficerTrustee | 1 | $0 |
Karrie Thompson Secretary | OfficerTrustee | 1 | $0 |
Jim Wade Member At La | OfficerTrustee | 1 | $0 |
Justin Yahola Member At La | OfficerTrustee | 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 | $318,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,341 |
| Total Program Service Revenue | $0 |
| Investment income | $74,759 |
| 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 | $393,413 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $391,377 |
| Grants and other assistance to domestic individuals. | $8,976 |
| 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 | $83,655 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,998 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,263 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,516 |
| Information technology | $6,112 |
| Royalties | $0 |
| Occupancy | $2,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,322 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,101 |
| All other expenses | $444 |
| Total functional expenses | $566,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,754 |
| Savings and temporary cash investments | $267,165 |
| 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 | $26,674 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,524 |
| Investments—publicly traded securities | $2,420,042 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,968,159 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $150,253 |
| 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 | $5,339 |
| Total liabilities | $155,592 |
| Net assets without donor restrictions | -$310,442 |
| Net assets with donor restrictions | $3,123,009 |
| 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 | $2,968,159 |
Grants Awarded
Over the last fiscal year, Norman Public School Foundation has awarded $2,469 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORMAN PUBLIC SCHOOLS PURPOSE: CAMP TUITION | $250 |
NORMAN PUBLIC SCHOOLS PURPOSE: SUDDEN OPPORTUNITY GRANT FOR BAL-A-VIS-X SUPPLIES | $2,219 |