School Foundation Inc
- Assets
- $767.5k
- Revenue
- $131.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Bend, OR
- Founding
- 01/1994
- Data as of
- 06/2021
- EIN
- 93-1064935
Organization Overview
School Foundation Inc, operating under the name Education Foundation Of Bend-Lapine, is located in Bend, OR. The organization was established in 1994. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2021, Education Foundation Of Bend-Lapine employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Foundation Of Bend-Lapine 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, Education Foundation Of Bend-Lapine generated $131.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $112.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 6 years. 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
PREPARING OUR STUDENTS FOR SUCCESS AND THE FUTURE THROUGH EXCEPTIONAL EDUCATIONAL AND EXTRACURRICULAR OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 31 CLASSROOM GRANTS TO LOCAL ELEMENTARY, MIDDLE, AND HIGH SCHOOLS TO ENRICH CLASSROOM LEARNING.
PROVIDED 16 COLLEGE SCHOLARSHIPS FOR STUDENTS, NOMINATED BY THEIR TEACHERS, WHO SHOWED DEMONSTRABLE PERSEVERANCE THROUGH DIFFICULT CIRCUMSTANCES.
PROVIDED 12 COLLEGE SCHOLARSHIPS FOR GRADUATING HISPANIC STUDENTS IN PARTNERSHIP WITH OREGON COMMUNITY FOUNDATION AND C.O. LATINO PARTNERSHIP PROGRAM. PASS THROUGH RESTRICTED GRANTS/DESIGNATED DONATIONS TO VARIOUS SCHOOLS AND PROGRAMS AT THE BEND-LAPINE SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Interim Exec | Officer | 40 | $26,250 |
Dave Beltramini Executive Di | Officer | 40 | $6,346 |
Odette Adair President | OfficerTrustee | 1 | $0 |
Brian Newton Treasurer | OfficerTrustee | 1 | $0 |
Lisa May Vice Preside | OfficerTrustee | 1 | $0 |
Angie Cole Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $250 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $112,120 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,370 |
| Total Program Service Revenue | $0 |
| Investment income | $1,952 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,357 |
| Net Income from Fundraising Events | -$393 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,286 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,430 |
| Grants and other assistance to domestic individuals. | $26,621 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,516 |
| Compensation of current officers, directors, key employees. | $2,452 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,321 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,196 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,204 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,103 |
| Office expenses | $552 |
| Information technology | $2,462 |
| 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 | $2,339 |
| All other expenses | $1,380 |
| Total functional expenses | $112,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,476 |
| Savings and temporary cash investments | $204,246 |
| 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 | $969 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $424,842 |
| Total assets | $767,533 |
| 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 | $342,884 |
| Net assets with donor restrictions | $424,649 |
| 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 | $767,533 |
Grants Awarded
Over the last fiscal year, School Foundation Inc has awarded $49,240 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BEND LA PINE SCHOOL DISTRICT | | | $36,250 |
BEND LA-PINE SCHOOL DISTRICT PURPOSE: EDUCATION | $12,990 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that School Foundation Inc has recieved totaling $31,634.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: K12 Education | $21,634 |
Onpoint Community Credit Union Portland, OR PURPOSE: COMMUNITY OUTREACH | $10,000 |
Endowment Analysis
| Beg. Balance | $321,802 |
| Earnings | $120,238 |
| Admin Expense | -$3,400 |
| Other Expense | -$13,990 |
| Ending Balance | $424,649 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Employment Training San Jose, CA | $31,804,454 | $32,924,536 |
Proteus Inc Visalia, CA | $12,093,986 | $29,240,779 |
San Diego Workforce Partnership Inc San Diego, CA | $11,460,026 | $27,546,774 |
Jvs Socal Los Angeles, CA | $23,647,711 | $28,759,145 |
Summer Search Oakland, CA | $27,211,830 | $33,940,327 |
Options For All Inc San Diego, CA | $11,651,717 | $19,801,261 |
Central Valley Opportunity Center Winton, CA | $7,895,014 | $14,975,890 |
Seattle-King County Workforce Development Council Seattle, WA | $4,241,912 | $14,146,316 |
Urban Corps Of San Diego San Diego, CA | $15,173,777 | $14,300,091 |
Film L A Inc Los Angeles, CA | $20,241,193 | $14,666,382 |
Workforce Development Corporation Southeast Los Angeles County Inc Cerritos, CA | $3,079,206 | $9,291,553 |
Westview Services Inc Anaheim, CA | $43,801,353 | $14,508,917 |