Friends Of Independent Schools And Better Education
- Assets
- $269.3k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/1983
- Data as of
- 12/2022
- EIN
- 91-1216755
Organization Overview
Friends Of Independent Schools And Better Education, operating under the name Frisbe, is located in Seattle, WA. The organization was established in 1983. 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. Frisbe 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 12/2022, Frisbe generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 15.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS TO EDUCATIONAL INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO 35 EDUCATIONAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Fountain Director, Assistant Secretary & Assistant Treasurer | OfficerTrustee | 0.1 | $0 |
Terran Senftleben Director And Secretary | OfficerTrustee | 0.1 | $0 |
Peter Stroble President And Treasurer | OfficerTrustee | 2 | $0 |
James Rigos Director | Trustee | 0.1 | $0 |
Tom Rigos Director | Trustee | 0.1 | $0 |
Alexander Macintosh Director | Trustee | 0.1 | $0 |
Financial Statements
| 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 | $1,777,970 |
| Noncash contributions included in lines 1a–1f | $608,394 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,777,970 |
| Total Program Service Revenue | $0 |
| Investment income | $4,464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,538 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,784,972 |
| 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 | $2,283,965 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,522 |
| Advertising and promotion | $0 |
| Office expenses | $757 |
| 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 | $2,287,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,325 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $269,325 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $269,325 |
| Total liabilities and net assets/fund balances | $269,325 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Friends Of Independent Schools And Better Education has recieved totaling $281,019.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $173,370 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $39,389 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $30,000 |
The Bradley Family Foundation Redmond, WA PURPOSE: TO SUPPORT THE FILM AND MEDIA ARTS PROGRAM DEVELOPMENT AT QUEEN MARGARET'S SCHOOL. | $23,422 |
The Mericos Foundation South Pasadena, CA PURPOSE: GLENLYON NORFOLK SCHOOL CAPITAL CAMPAIGN | $10,000 |
Lbj Family Foundation Austin, TX PURPOSE: ORGANIZATION'S EXEMPT PURPOSE | $4,820 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregonians For Online Education Inc Scio, OR | $4,402,348 | $19,081,202 |
Head Start Of Lane County Springfield, OR | $2,527,429 | $16,579,600 |
Bellevue Christian School Clyde Hill, WA | $30,172,969 | $19,117,313 |
Cascade Christian Schools Puyallup, WA | $24,414,305 | $18,312,938 |
Delphi Schools Inc Sheridan, OR | $68,746,624 | $17,868,394 |
Sun Valley Community School Inc Sun Valley, ID | $39,076,653 | $16,449,416 |
Idaho Arts Charter School Nampa, ID | $27,001,838 | $12,430,623 |
St Marys Of Medford Inc Medford, OR | $29,778,861 | $10,667,764 |
Compass Public Charter School Inc Meridian, ID | $30,633,815 | $11,054,812 |
Saint Georges School Spokane, WA | $26,592,411 | $9,553,681 |
Eton School Foundation Bellevue, WA | $11,656,623 | $8,432,891 |
International School Portland, OR | $15,344,083 | $7,525,530 |