St Marks School Foundation Inc is located in Boise, ID. The organization was established in 1991. 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. St Marks School Foundation 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, St Marks School Foundation Inc generated $125.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $54.5k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE ST. MARK'S SCHOOL FOUNDATION IS IN PLACE TO ENSURE THAT QUALITY, AFFORDABLE CATHOLIC EDUCATION IS AVAILABLE TO THIS AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT THROUGH COVID-19 PANDEMIC BY UTILIZING INVESTMENT ADVISORS TO PROTECT AND GROW THE CORPUS, FOR THE BENEFIT OF ST. MARK'S ELEMENTARY SCHOOL. PROTECTING THE INVESTMENT TO PROVIDE FUNDS TO ST. MARK'S ELEMENTARY SCHOOL FOR ACQUISITION AND MAINTENANCE OF COMPUTER HARDWARE, SOFTWARE AND OTHER EDUCATIONAL MATERIALS, AND SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Martin Treasurer | OfficerTrustee | 1 | $0 |
Peter Privon Secretary | OfficerTrustee | 1 | $0 |
John Jameson Vice President | OfficerTrustee | 1 | $0 |
Greg Daggett President | OfficerTrustee | 1 | $0 |
Peter Vaughan Director | Trustee | 1 | $0 |
Jason Smith Director | Trustee | 1 | $0 |
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 | $60,656 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $60,656 |
Total Program Service Revenue | $0 |
Investment income | $55,832 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$3,408 |
Net Income from Fundraising Events | $12,642 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $125,722 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $50,115 |
Grants and other assistance to domestic individuals. | $0 |
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 | $809 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,016 |
Fees for services: Other | $528 |
Advertising and promotion | $0 |
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 | $54,468 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $71,399 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $647,408 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $718,807 |
Accounts payable and accrued expenses | $1,087 |
Grants payable | $0 |
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 | $1,087 |
Net assets without donor restrictions | $668,838 |
Net assets with donor restrictions | $48,882 |
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 | $718,807 |
Over the last fiscal year, we have identified 3 grants that St Marks School Foundation Inc has recieved totaling $23,195.
Awarding Organization | Amount |
---|---|
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $20,000 |
Lamb Weston Charitable Foundation Eagle, ID PURPOSE: COMMUNITY SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $695 |
Organization Name | Assets | Revenue |
---|---|---|
Compass Public Charter School Inc Meridian, ID | $30,633,815 | $11,054,812 |
Saint Georges School Spokane, WA | $26,592,411 | $9,553,681 |
Lincoln Academy Incorporated Pleasant Grove, UT | $18,022,202 | $9,107,326 |
Mcgillis School Salt Lake City, UT | $13,726,070 | $8,858,718 |
Eton School Foundation Bellevue, WA | $11,656,623 | $8,432,891 |
International School Portland, OR | $15,344,083 | $7,525,530 |
Signature Preparatory Inc Henderson, NV | $28,153,100 | $7,370,266 |
Saint Stephens Indian School Saint Stephens, WY | $5,359,726 | $7,545,266 |
Venture Academy Marriottslaterville, UT | $16,214,185 | $7,490,337 |
The Salem Academy Salem, OR | $8,184,722 | $7,213,475 |
Terra Academy Inc Vernal, UT | $15,000,177 | $6,596,587 |
Academy For Precision Learning Inc Seattle, WA | $1,437,426 | $6,388,788 |