Cedar Falls Community Schoolsfoundation

Organization Overview

Cedar Falls Community Schoolsfoundation is located in Cedar Falls, IA. The organization was established in 2007. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Cedar Falls Community Schoolsfoundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Falls Community Schoolsfoundation 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 06/2022, Cedar Falls Community Schoolsfoundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $181.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO GENERATE RESOURCES AND ADVOCATE FOR QUALITY PUBLIC EDUCATION IN THE CEDAR FALLS COMMUNITY SCHOOL DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CEDAR FALLS COMMUNITY SCHOOL FOUNDATION RAISES FUNDS WHICH ARE USED TO ENCOURAGE AND PROMOTE THE IMPROVEMENT OF THE QUALITY OF EDUCATION WITHIN THE CEDAR FALLS COMMUNITY SCHOOL DISTRICT.


PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS AND RECENT GRADUATES THAT ARE CONTINUING THEIR POST HIGH SCHOOL EDUCATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Monica Boyer
Executive Di
$32,917
Helen Pearce
Treasurer/se
$0
Vickie Robinson
President
$0
John Runchey
Vice Preside
$0
Tom Blanford
Director
$0
Denelle Gonnerman
Ex-Officio
$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$1,328,799
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,328,799
Total Program Service Revenue$0
Investment income $100,642
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $38,463
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,467,904

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Cedar Falls Community Schoolsfoundation has recieved totaling $311,657.

Awarding OrganizationAmount
Otto Schoitz Foundation

Waterloo, IA

PURPOSE: PROGRAMMATIC SUPPORT

$200,000
Max And Helen Guernsey Charitable Foundation

Waterloo, IA

PURPOSE: CAPITAL - SWIMMING POOL CONSTRUCTION

$35,000
Cedar Falls Community Foundation Inc

Cedar Falls, IA

PURPOSE: SCHOLARSHIPS

$32,500
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$11,805
Veridian Credit Union

Waterloo, IA

PURPOSE: POOL CAPITAL CAMPAIGN

$10,000
Otto Schoitz Foundation

Waterloo, IA

PURPOSE: PROGRAMMATIC SUPPORT

$5,625
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,539,751
Earnings-$501,093
Admin Expense$29,981
Net Contributions$88,062
Grants$113,631
Ending Balance$2,983,108

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