Salem-Keizer Education Foundation
- Assets
- $0.0
- Revenue
- $117.0k
- Investments
- $0.0
- Employees
- 26
- Location
- Salem, OR
- Founding
- 06/1983
- Data as of
- 06/2021
- EIN
- 93-0831467
Organization Overview
Salem-Keizer Education Foundation, operating under the name Salem Keizer Education Foundatio, is located in Salem, OR. The organization was established in 1983. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Salem Keizer Education Foundatio employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Keizer Education Foundatio 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, Salem Keizer Education Foundatio generated $117.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (46.6%) each year. All expenses for the organization totaled $361.3k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Salem Keizer Education Foundatio has awarded 11 individual grants totaling $329,798. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE EDUCATION OF STUDENTS IN SALEM KEIZER SCHOOL DISTRICT BY PROVIDING RESOURCES FOR CREATIVE AND INNOVATIVE PROGRAMS AND MATERIALS, EDUCATING AND MOBILIZING THE COMMUNITY, AND SUSTAINING COLLABORATIVE PARTNERSHIPS THAT SUPPORT ITS GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM ACTIVITIES CEASED EFFECTIVE 6/12/20, AND THE ORGANIZATION BEGAN THE DISSOLUTION PROCESS. THE ASSETS HAVE BEEN TRANSFERRED TO AN ORGANIZATION WITH A SIMILAR PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Aeschliman President | OfficerTrustee | 10 | $0 |
Erich Paetsch Secretary/treasurer | OfficerTrustee | 10 | $0 |
Lisa Harnisch Director | Trustee | 5 | $0 |
Tyler Massey Awesome 3000 Co-Chair | Trustee | 10 | $0 |
Mary Jean Sandall Director | Trustee | 10 | $0 |
Joe Egli Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barrett Business Services Inc Employee Leasing | 6/29/18 | $1,767,570 |
Lcg Pence Construction Llc Building Renovations | 6/29/18 | $928,806 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $289,037 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,833 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,870 |
| Total Program Service Revenue | $178 |
| Investment income | $61 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$4,981 |
| Net Gain/Loss on Asset Sales | -$175,757 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $117,026 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,152 |
| 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. | $53,997 |
| Compensation of current officers, directors, key employees. | $53,997 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,591 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,364 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,347 |
| Advertising and promotion | $0 |
| Office expenses | $18,923 |
| Information technology | $3,850 |
| Royalties | $0 |
| Occupancy | $17,746 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,132 |
| Insurance | $12,618 |
| All other expenses | $1,600 |
| Total functional expenses | $361,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Salem-Keizer Education Foundation has awarded $135,549 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SALEM KEIZER EDUCATION ASSOCIATION PURPOSE: PARENT/TEACHER HOME VISIT PROJECT | $5,000 |
INSPIRE FOUNDATION PURPOSE: TRANSFER OF RESTRICTED FUNDS | $130,549 |