Mary Ellen Halvorson Education Foundation
- Assets
- $3.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 50
- Location
- Prescott, AZ
- Founding
- 06/1999
- Data as of
- 06/2021
- EIN
- 86-0936908
Organization Overview
Mary Ellen Halvorson Education Foundation is located in Prescott, AZ. The organization was established in 1999. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Mary Ellen Halvorson Education Foundation employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Ellen Halvorson 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 06/2021, Mary Ellen Halvorson Education Foundation generated $2.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $2.5m during the year ending 06/2021. While expenses have increased by 9.3% per year over the past 5 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
EDUCATION GRADES 9-12
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL SERVES APPROXIMATELY 266 STUDENTS IN THE FIFTH THROUGH TWELFH GRADES. THE SCHOOL PROVIDES A HIGHER ACADEMIC CURRICULM IN AN ALTERNATIVE LEARNING ENVIRONMENT, ADDRESSING THE NEEDS OF EACH STUDENT WHILE THEY ACHIEVE THEIR MAXIMUM ACADEMIC POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Halvorson Govern Board | Trustee | 40 | $71,229 |
Mary Ellen Halvorson Govern Board | OfficerTrustee | 40 | $63,950 |
Kristi Terauchi Govern Board | Trustee | 40 | $53,892 |
Tom Halvorson Govern Board | Trustee | 5 | $15,120 |
Carolyn Hartl School Board | Trustee | 1 | $12,757 |
Robert Ayres School Board | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,617,853 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,833 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,642,686 |
| Total Program Service Revenue | $87,634 |
| Investment income | $865 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,731,185 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $1,176,247 |
| Pension plan accruals and contributions | $290,230 |
| Other employee benefits | $241,068 |
| Payroll taxes | $203,042 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $450 |
| Fees for services: Accounting | $16,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,588 |
| Advertising and promotion | $29 |
| Office expenses | $8,079 |
| Information technology | $67,222 |
| Royalties | $0 |
| Occupancy | $162,532 |
| Travel | $1,106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,910 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,830 |
| Insurance | $22,289 |
| All other expenses | $69,225 |
| Total functional expenses | $2,492,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,410,005 |
| Savings and temporary cash investments | $1,387,329 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,205 |
| 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 | $654,244 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,473,783 |
| Accounts payable and accrued expenses | $10,335 |
| 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 | $2,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,335 |
| Net assets without donor restrictions | $3,308,570 |
| Net assets with donor restrictions | $152,878 |
| 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 | $3,473,783 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mary Ellen Halvorson Education Foundation has recieved totaling $55.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Preparatory School Oakland, CA | $86,770,968 | $29,982,508 |
De Toledo High School West Hills, CA | $54,114,350 | $20,796,544 |
Santa Fe Preparatory School Santa Fe, NM | $79,113,849 | $36,111,805 |
Fountain Valley School Of Colorado Colorado Springs, CO | $92,362,981 | $24,818,046 |
Los Angeles Leadership Academy Los Angeles, CA | $13,675,392 | $17,033,455 |
Wasatch Academy Mt Pleasant, UT | $45,866,695 | $17,823,805 |
Dunn School Los Olivos, CA | $25,503,734 | $14,255,892 |
Maranatha High School Pasadena, CA | $37,804,147 | $15,687,230 |
Audeo Charter School San Diego, CA | $17,592,431 | $17,679,970 |
Cristo Rey San Jose High School San Jose, CA | $35,861,424 | $12,346,734 |
Monte Vista Christian School Inc Watsonville, CA | $36,645,188 | $14,491,760 |
Navajo Preparatory School Inc Farmington, NM | $37,567,327 | $9,309,197 |