St Ansgar Historic School Project Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Saint Ansgar, IA
- Founding
- 01/2017
- Data as of
- 12/2023
- EIN
- 81-4564498
Organization Overview
St Ansgar Historic School Project Inc, operating under the name South Square, is located in Saint Ansgar, IA. The organization was established in 2017. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, South Square employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Square 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 12/2023, South Square generated $40.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $65.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTEER BOARD AND OTHER VOLUNTEERS SAVED A FORMER SCHOOL BUILDING AND NOW OPERATES IT AS A MIXEDUSE COMMUNITY CENTER AND WORKSPACE
Describe the Organization's Program Activity:
Part 3
PS 1: BUILDING OPERATION & MANAGEMENT. WE MAINTAIN AND MANAGE A 35K SQ FT FORMER SCHOOL BUILDING AND ADJACENT GROUNDS AS A MIXED-USE COMMUNI TY BUILDING. WE HOUSE A VARIETY OF TENANTS ON A LONG-TERM BASIS IN FOR MER CLASSROOMS. SHORT-TERM RENTERS MAY USE THE BUILDING ON AN HOURLY OR DAILY BASIS FOR PRIVATE / GROUP EVENTS. REVENUE IS FROM LEASES AND RENTALS; EXPENSES ARE THOSE ASSOCIATED WITH BUILDING MANAGEMENT, MAINT ENANCE, AND IMPROVEMENTS.
EVENTS: AS PART OF OUR MISSION TO "BRING PEOPLE TOGETHER", WE ALSO ORG ANIZE COMMUNITY EVENTS WITH THE DUAL PURPOSE OF RAISING MONEY FOR OPER ATING THE BUILDING AND CONTRIBUTING TO THE COMMUNITY'S LIST OF 'FUN THINGS TO DO.'
COFFEE SHOP: AS PART OF OUR MISSION TO "BRING PEOPLE TOGETHER", WE OPENED IN 2018 A COMMUNITY COFFEE SHOP IN A FORMER CLASSROOM. NET PRO CEEDS, IF ANY, ARE ROLLED BACK INTO THE BUILDING'S OPERATING EXPENSE AND IMPROVEMENTS BUDGET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Demaris President | 0 | $0 | |
Tyler Mckinley Secretary Treasurer | 0 | $0 | |
Tammy Kofoot Director | 0 | $0 | |
Dana Wold Director | 0 | $0 | |
Sheila Adams Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,727 |
| Total Program Service Revenue | $35,640 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,372 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,582 |
| Professional fees and other payments to independent contractors | $3,393 |
| Occupancy, rent, utilities, and maintenance | $47,065 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,340 |
| Total expenses | $65,380 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |