Shawnee Mission Education Fdn
- Assets
- $1.9m
- Revenue
- $630.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Shawnee Mission, KS
- Founding
- 07/1998
- Data as of
- 06/2022
- EIN
- 74-2823938
Organization Overview
Shawnee Mission Education Fdn is located in Shawnee Mission, KS. The organization was established in 1998. 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. Shawnee Mission Education Fdn 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, Shawnee Mission Education Fdn generated $630.1k 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 (5.1%) each year. All expenses for the organization totaled $568.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS MISSION IS TO ADVANCE SCHOLARSHIP AND LEADERSHIP, TO ENABLE ALL SHAWNEE MISSION STUDENTS TO ACHIEVE THEIR POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL ENHANCEMENT - THE FOUNDATION MAKES GRANTS TO SHAWNEE MISSION PUBLIC SCHOOLS USD 512 IN COLLABORATION WITH DISTRICT CURRICULUM LEADERS TO FUND PROGRAM ENHANCEMENT AND GROWTH. EXAMPLES INCLUDE DISTRICT PROGRAMS IN THE ARTS, EARLY CHILDHOOD, AND STEM. EXCELLENCE IN EDUCATION E2 GRANTS FUND INDIVIDUAL CLASSROOM OR DISTRICTWIDE PROJECTS TO ENHANCE INNOVATIVE LEARNING IN THE CLASSROOM. THE FOUNDATION HOSTS LEADERSHIP SHAWNEE MISSION, AN INTENSIVE, 2-WEEK LEADERSHIP PROGRAM FOR INCOMING JUNIORS AND SENIORS WHICH INCLUDES LEADERSHIP TRAINING AND A PROFESSIONAL EXPERIENCES. THE FOUNDATION ALSO FUNDS SPECIFIC PROJECTS BASED ON IDENTIFIED NEEDS.
SCHOLARSHIP PROGRAMS - THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS AND GRADUATES IN THE SHAWNEE MISSION SCHOOLS USD 512. IN THE YEAR ENDED JUNE 30, 2022, SCHOLARSHIPS WERE MADE TO 5 GRADUATING STUDENTS FROM 3 SCHOLARSHIP FUNDS DESIGNATED FOR POSTSECONDARY EDUCATION. IN ADDITION, FEES WERE PAID FOR 3 CURRENT 11TH GRADE STUDENTS FOR SUMMER SCHOOL ON A COLLEGE CAMPUS. THE FOUNDATION LAUNCHED A SCHOLARSHIP INITIATIVE TO BRING SCHOLARSHIP OPPORTUNITIES TO ALL DISTRICT 12TH GRADE STUDENTS BY WORKING WITH COLLEGES AND UNIVERSITIES TO CONNECT WITH STUDENTS. PARENTS OPT IN AND PROVIDE DATA FOR THEIR STUDENTS AND THE DATA IS SHARED WITH NUMEROUS COLLEGES. THE COLLEGES MAKE SCHOLARSHIP OFFERS TO STUDENTS MATCHING THEIR CRITERIA. IN THE YEAR ENDED JUNE 30, 2022 THOUSANDS OF SCHOLARSHIPS WERE OFFERED BY MORE THAN 40 COLLEGES AND UNIVERSITIES TOTALING MORE THAN 2.1 BILLION.
COMMUNITY OUTREACH - THE FOUNDATION PROVIDED MORE THAN 21,000 IN FUNDING FOR DIRECT EMERGENCY ASSISTANCE TO MORE THAN 70 STUDENTS FAMILIES FOR EXPENSES SUCH AS HOUSING, UTILITIES, TRANSPORTATION, AND MEDICAL EXPENSES. IN ADDITION, THE FOUNDATION FUNDED PROGRAMS TO ENGAGE THE COMMUNITY AND PROMOTE INNOVATIVE EDUCATION IN SHAWNEE MISSION SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Hinkle Executive Director | OfficerTrustee | 40 | $119,732 |
Mary Suzanne Hall Past President | OfficerTrustee | 2 | $0 |
Laura Mcconwell Vice President | OfficerTrustee | 2 | $0 |
Brian Dietz Secretary | OfficerTrustee | 2 | $0 |
Jo Yun President | OfficerTrustee | 3 | $0 |
Jim Brown Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $194,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $333,611 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $528,361 |
| Total Program Service Revenue | $0 |
| Investment income | $31,228 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $70,482 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $630,071 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $122,716 |
| Grants and other assistance to domestic individuals. | $25,734 |
| 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 | $299,437 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,226 |
| 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 | $3,694 |
| Information technology | $5,797 |
| 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 | $369 |
| Insurance | $4,454 |
| All other expenses | $12,545 |
| Total functional expenses | $568,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,561 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100 |
| 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 | $3,075 |
| Net Land, buildings, and equipment | $12,003 |
| Investments—publicly traded securities | $1,647,680 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,927,419 |
| Accounts payable and accrued expenses | $11,164 |
| Grants payable | $2,500 |
| 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 | $13,664 |
| Net assets without donor restrictions | $1,352,819 |
| Net assets with donor restrictions | $560,936 |
| 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 | $1,927,419 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Shawnee Mission Education Fdn has recieved totaling $37,065.
| Awarding Organization | Amount |
|---|---|
Shawnee Mission Medical Center Inc Shawnee Mission, KS PURPOSE: GENERAL SUPPORT | $21,500 |
Thompson Family Foundation Shawnee, KS PURPOSE: CHARITABLE PURPOSES | $5,000 |
Arvest Foundation Bentonville, AR PURPOSE: EDUCATION - GENERAL OPERATING SUPPORT | $5,000 |
Hallmark Corporate Foundation Kansas City, MO PURPOSE: GENERAL PURPOSE | $2,200 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $1,500 |
Merrill Charitable Foundation Mission, KS PURPOSE: TO HELP SUPPORT THE ORGANIZATION | $1,000 |
Endowment Analysis
| Beg. Balance | $1,553,452 |
| Earnings | -$229,147 |
| Ending Balance | $1,324,305 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Prosperity Denver Fund Denver, CO | $29,340,017 | $14,622,453 |
Reisher Family Foundation Lakewood, CO | $521,642,537 | $444,544,338 |
Papillion Lavista Schools Foundation Papillion, NE | $9,484,528 | $7,053,869 |