Blaine County School District Education Foundation
- Assets
- $1.6m
- Revenue
- $742.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Hailey, ID
- Founding
- 01/1993
- Data as of
- 05/2024
- EIN
- 94-3166817
Organization Overview
Blaine County School District Education Foundation, operating under the name Blaine County Education Foundation, is located in Hailey, ID. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 05/2024, Blaine County Education Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blaine County 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 05/2024, Blaine County Education Foundation generated $742.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $571.5k during the year ending 05/2024. While expenses have increased by 12.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO FOCUS COMMUNITY RESOURCES AND RAISE FUNDS FOR THE STUDENTS OF THE BLAINE COUNTY SCHOOL DISTRICT, PROMOTING ACADEMIC EXCELLENCE, EQUITABLE EDUCATION AND A HEALTHY AND SUSTAINABLE STUDENT ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BLAINE COUNTY EDUCATION FOUNDATION WAS ESTABLISHED TO PROVIDE CRITICAL RESOURCES TO STUDENTS AND TEACHERS OUTSIDE OF WHAT BCSD FUNDING COVERS. THE EDUCATION FOUNDATION PROVIDES SUPPORT THROUGH OUR 4 SIGNATURE PROGRAMS; CAN DO FUND- IS AN EMERGENCY FUND ESTABLISHED SPECIFICALLY FOR STUDENTS WITH FINANCIAL NEED, TEACHER MINI GRANTS - PROVIDE THE OPPORTUNITY FOR TEACHERS TO ACCESS FUNDING TO PROVIDE CLASSROOM ENRICHMENT MATERIALS TO HELP THEM IMPLEMENT NEW AND INNOVATIVE IDEAS IN THEIR CLASSROOM, EDUCATION ENHANCEMENT PROGRAM - IS TO PROVIDE FUNDING FOR EXTRA CLASSES TO ASSIST STUDENTS WHO ARE STRUGGLING WITH CORE ACADEMIC AND LIFE SKILLS. THE SUPPORT VARIES FOR EACH SCHOOL AND THE STUDENT POPULATIONS THEY SERVE, AND ACADEMIC EXCELLENCE FUND - IS DESIGNED TO HELP STUDENTS PARTICIPATING IN ACADEMIC CLUBS, SUCH AS MODEL UNITED NATIONS, CHESS CLUB, OR ROBOTICS, AND WHO ARE UNABLE TO PAY FOR THE COST ASSOCIATED WITH PARTICIPATING AND COMPETING LOCALLY, REGIONALLY OR NATIONALLY. THE INTENT OF THESE PROGRAMS IS TO ENSURE ALL STUDENTS ARE ABLE TO PARTICIPATE IN A WELL- ROUNDED ACADEMIC EXPERIENCE, REGARDLESS OF FINANCIAL BARRIERS. EDUCATION IS A KEY TOOL TO HELP CHILDREN RISE ABOVE POVERTY AND REACH THEIR GREATEST POTENTIAL IN LIFE. ALMOST HALF OF STUDENTS ENROLLED IN THE BCSD QUALIFY FOR THE FEDERAL FREE AND REDUCED LUNCH PROGRAM.
AWARDED SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS TO ASSIST IN ADVANCING THEIR EDUCATION TO THE NEXT LEVEL. SOME OF THE SCHOLARSHIPS ARE 1 YEAR, 2 YEAR AND 4 YEAR SCHOLARSHIPS.
BCEF SUPPORTS OTHER VARIOUS PROGRAMS INCLUDING THE FOLLOWING: WRHS AND CAREY CONSTRUCTION ACADEMY, BCSD DEVELOPMENTAL PRESCHOOL PROGRAM, VOICE I AND II PROGRAM, AND ALL SCHOOLS. THESE PROGRAMS ARE RESTRICTED FUNDS THAT ARE DELEGATED FOR SPECIFIC PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Hollis Chair | OfficerTrustee | 4 | $0 |
Megan Stevenson Director | Trustee | 3 | $0 |
Alexis Lindberg Treasurer | OfficerTrustee | 2 | $0 |
Victor Watson Director | Trustee | 1 | $0 |
Hilary Sinnamon Vice Chair | OfficerTrustee | 3 | $0 |
Sandy Scott Director | Trustee | 3 | $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 | $613,970 |
| Noncash contributions included in lines 1a–1f | $850 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $613,970 |
| Total Program Service Revenue | $0 |
| Investment income | $128,872 |
| 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 | $742,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $216,466 |
| Grants and other assistance to domestic individuals. | $212,448 |
| 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 | $90,041 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,787 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,926 |
| Fees for services: Other | $7,167 |
| Advertising and promotion | $5,943 |
| Office expenses | $3,632 |
| 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 | $600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $169 |
| Insurance | $484 |
| All other expenses | $218 |
| Total functional expenses | $571,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $631,850 |
| Savings and temporary cash investments | $100,000 |
| 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 | $1,577 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $833,632 |
| Total assets | $1,567,059 |
| 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 | $2,320 |
| Total liabilities | $2,320 |
| Net assets without donor restrictions | $187,855 |
| Net assets with donor restrictions | $1,376,884 |
| 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 | $1,567,059 |