Spiro School Foundation For Excellence In Education Inc
- Assets
- $1.5m
- Revenue
- $33.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Spiro, OK
- Founding
- 01/1992
- Data as of
- 12/2021
- EIN
- 73-1378896
Organization Overview
Spiro School Foundation For Excellence In Education Inc is located in Spiro, OK. The organization was established in 1992. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Spiro School Foundation For Excellence In Education Inc 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, Spiro School Foundation For Excellence In Education Inc generated $33.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $53.8k during the year ending 12/2021. 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
TO AWARD SCHOLARSHIPS TO APPICANTS FROM SPIRO HIGH SCHOOL AND TO AWARD GRANTS TO TEACHERS TO PROVIDE SUPPLEMENTAL MATERIALS THAT INHANCE PROGRMAS THAT CANNOT BE FUNDED BY THE SCHOOL'S BUDGET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AWARDED TO APPLICANTS FROM SPIRO HIGH SCHOOL.SCHOLARSHIP RECIPIENTSREECE LOVELL $3,000BRANDON HAMMONTREE $2,500MATTHEW FINLEY $2,500SKYLAN TAYLOR $2,000CORY RODGERS $2,000CONNER RODGERS $2,000JORDAN PULLEN $2,000CARLI MATTHEWS $1,500REMINGTON WEST $1,500BRAYLIN HARPER $1,500BRADEN RIGGS $1,500CADEN HORTON $1,000ASHLEIGH OWENS $1,000STORMIE EATMAN $1,000BROOKLYN NEELEY $1,000SARAH PLUMMER $1,000BRANDON HAMMONTREE $1,000TOTAL $28,000SCHOLARSHIPS AWARDED TO APPLICANTS FROM SPIRO HIGH SCHOOL ARE SELECTED BY THE BOARD OF DIRECTORS IN ACCORDANCE WITH PROFESSIONAL RECOMMENDATIONS. ALSO, TROPHIES AND PHOTOS ARE GIVEN TO ALL RECIPIENTS FOR HIGHER EDUCATION.
GRANTS TO TEACHERS OF SPIRO PUBLIC SCHOOLS TO PROVIDE SUPPLEMENTAL MATERIALS THAT INHANCE PROGRAMS THAT CANNOT BE FUNDED BY THE SCHOOL'S BUDGET.GRANTS AWARDED FOR SUPPLEMENTAL CLASSROOM MATERIALS BASED ON TEACHER APPLICATIONSTEACHING MATERIAL $9,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garon Mcclure President | Trustee | 0 | $0 |
Nicholas Grant Secretary | Trustee | 0 | $0 |
Jon Davis Vice President | Trustee | 0 | $0 |
Keifer Fisher Trustee | Trustee | 0 | $0 |
Brian Brooks Trustee | Trustee | 0 | $0 |
Melanie Lawson Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,675 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,401 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,076 |
| Total Program Service Revenue | $0 |
| Investment income | $29,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $207 |
| 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 | $33,769 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,000 |
| Grants and other assistance to domestic individuals. | $37,000 |
| 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 | $0 |
| Fees for services: Accounting | $2,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,238 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,630 |
| Office expenses | $0 |
| 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 | $53,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,532 |
| Savings and temporary cash investments | $0 |
| 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 | $87,331 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,265,460 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,811 |
| Total assets | $1,461,134 |
| Accounts payable and accrued expenses | $87,331 |
| Grants payable | $42,109 |
| Deferred revenue | $94,544 |
| 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 | $223,984 |
| Net assets without donor restrictions | $37,957 |
| Net assets with donor restrictions | $1,199,193 |
| 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 | $1,461,134 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Spiro School Foundation For Excellence In Education Inc has recieved totaling $101.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $101 |
Endowment Analysis
| Beg. Balance | $1,111,656 |
| Earnings | $31,296 |
| Ending Balance | $1,142,952 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
Prosperity Denver Fund Denver, CO | $29,340,017 | $14,622,453 |
Reisher Family Foundation Lakewood, CO | $521,642,537 | $444,544,338 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |