Springfield Education Foundation
- Assets
- $451.8k
- Revenue
- $242.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Springfield, OR
- Founding
- 10/1994
- Data as of
- 06/2021
- EIN
- 93-1147979
Organization Overview
Springfield Education Foundation is located in Springfield, OR. The organization was established in 1994. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Springfield Education Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield 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, Springfield Education Foundation generated $242.6k 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 (10.1%) each year. All expenses for the organization totaled $224.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) 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
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE AND EXPAND EDUCATIONAL OPPORTUNITIES FIOR SPRINGFIELD SCHOOL DISTRICT #19 STUDENTS, GENERATE FINANCIAL SUPPORT AND COMMUNITY INVOLVEMENT FOR THE BENEFIT OF SPRINGFIELD PUBLIC SCHOOLS, SERVE AS AN UMBRELLA ORGANIZATION FOR MAXIMIZING THE FUNDRAISING EFFORTS OF INDIVIDUAL SCHOOLS, AND LINK SCHOOLS AND AREA BUSINESS FOR THE ONGOING SUPPORT OF PUBLIC EDUCATION.
TO ENHANCE AND EXPAND EDUCATIONAL OPPORTUNITIES FIOR SPRINGFIELD SCHOOL DISTRICT #19 STUDENTS, GENERATE FINANCIAL SUPPORT AND COMMUNITY INVOLVEMENT FOR THE BENEFIT OF SPRINGFIELD PUBLIC SCHOOLS, SERVE AS AN UMBRELLA ORGANIZATION FOR MAXIMIZING THE FUNDRAISING EFFORTS OF INDIVIDUAL SCHOOLS, AND LINK SCHOOLS AND AREA BUSINESS FOR THE ONGOING SUPPORT OF PUBLIC EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adams Micah Vice Chair | OfficerTrustee | 2 | $0 |
Dahlstrom Matt Secretary | OfficerTrustee | 2 | $0 |
Joseph Travis Board Chair | OfficerTrustee | 2 | $0 |
Webber Michelle President | OfficerTrustee | 5 | $0 |
Lewis Devin Coordinator | OfficerTrustee | 40 | $0 |
Vos Erik Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $118,120 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,002 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,122 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,549 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $242,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $98,282 |
| Grants and other assistance to domestic individuals. | $2,531 |
| 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 | $79,337 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,451 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,155 |
| Office expenses | $110 |
| Information technology | $3,396 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | -$138 |
| 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 | $2,038 |
| All other expenses | $1,992 |
| Total functional expenses | $224,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $376,515 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,544 |
| 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 | $1,103 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $71,662 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $451,824 |
| Accounts payable and accrued expenses | $10,585 |
| 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 | $25,240 |
| Total liabilities | $35,825 |
| Net assets without donor restrictions | $141,290 |
| Net assets with donor restrictions | $274,709 |
| 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 | $451,824 |
Grants Awarded
Over the last fiscal year, Springfield Education Foundation has awarded $125,208 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SPRINGFIELD PUBLIC SCHOOLS PURPOSE: TECH & LITERACY PURC | $57,742 |
SPRINGFIELD HIGH SCHOOL PURPOSE: AUTO SHOP & GRAPHICS | $50,723 |
Springfield, OR PURPOSE: SUPPORT FOR ARTIST | $10,000 |
THURSTON HIGH SCHOOL PURPOSE: ROBOTICS PROGRAM AND | $6,743 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Springfield Education Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Giustina Foundation Eugene, OR PURPOSE: GENERAL PURPOSES | $1,000 |
Endowment Analysis
| Beg. Balance | $72,898 |
| Grants | $1,236 |
| Ending Balance | $71,662 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Code Org Seattle, WA | $56,417,809 | $32,287,151 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Washington Stem Center Seattle, WA | $144,962,083 | $51,456,581 |
Club For The Future Kent, WA | $9,001,115 | $28,277,868 |