Blue Sky Foundation is located in Edwardsville, IL. The organization was established in 2017. 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. Blue Sky 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 12/2021, Blue Sky Foundation generated $120.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $3.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A PLATFORM TO SUPPORT ART AND LITERATURE STUDENTS AND OTHER BENEVOLENT PURPOSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Bailey President | 2 | $0 | |
Kristie Bailey Secretary | 2 | $0 | |
Jamie Mehrtens Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $120,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $215 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $120,215 |
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 | $3,309 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15 |
Total expenses | $3,324 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $432,906 |
Other assets | $0 |
Total assets | $432,906 |
Total liabilities | $0 |
Net assets or fund balances | $432,906 |
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