Solon Education Foundation is located in Solon, IA. The organization was established in 2004. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Solon Education 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 06/2022, Solon Education Foundation generated $30.0k 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 (13.3%) each year. All expenses for the organization totaled $31.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE SOLON EDUCATION FOUNDATION PURPOSE IS TO PROVIDE A CONDUIT FOR THE COMMUNITY TO FINANCIALLY SUPPORT THE EDUCATIONAL NEEDS OF THE SOLON COMMUNITY SCHOOL DISTRICT. THE FOUNDATION FAVORS EDUCATOR-INITIATED GRANTS TO THE SCHOOL BY SEEKING PROJECTS THAT MAXIMIZE A BENEFIT TO A MAJORITY OF STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Blind Director | 0 | $0 | |
Mike Turner Treasurer | 0 | $0 | |
Christy Sands Director | 0 | $0 | |
Kathy Kaldenberg Director | 0 | $0 | |
Mundi Mccarty President | 0 | $0 | |
Kathleen Wittich Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,511 |
Total Program Service Revenue | $10,920 |
Membership dues | $0 |
Investment income | $6,326 |
Gain or Loss | $4,250 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $30,007 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $929 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,161 |
Total expenses | $31,090 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $264,348 |
Other assets | $0 |
Total assets | $264,348 |
Total liabilities | $0 |
Net assets or fund balances | $264,348 |
Over the last fiscal year, we have identified 1 grants that Solon Education Foundation has recieved totaling $196.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $196 |
Organization Name | Assets | Revenue |
---|---|---|
American Academy Of Periodontology Chicago, IL | $22,143,613 | $10,653,042 |
Hope Community Academy St Paul, MN | $7,239,866 | $9,388,548 |
Tri-County Child And Family Development Council Inc Waterloo, IA | $2,164,616 | $9,342,746 |
Brownell Talbot School Omaha, NE | $23,640,010 | $10,050,600 |
Urban Prep Academies Chicago, IL | $1,211,865 | $11,715,247 |
Legacy Christian Academy Andover, MN | $11,285,035 | $10,599,224 |
Spero Academy Minneapolis, MN | $4,864,005 | $8,619,763 |
Pact Charter School Ramsey, MN | $5,812,709 | $8,450,836 |
Excell Academy For Higher Learning Inc Brooklyn Park, MN | $4,215,096 | $7,722,207 |
Sojourner Truth Academy Minneapolis, MN | $4,962,625 | $7,578,548 |
St Louis Language Immersion Schools Inc St Louis, MO | $5,780,946 | $7,344,895 |
Aurora Charter School Minneapolis, MN | $3,496,445 | $6,931,662 |