Springdale Public Schools Education Foundation
- Assets
- $2.2m
- Revenue
- $645.1k
- Investments
- $1.9m
- Employees
- 2
- Location
- Springdale, AR
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 27-1654071
Organization Overview
Springdale Public Schools Education Foundation is located in Springdale, AR. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Springdale Public Schools Education Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springdale Public Schools 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 12/2021, Springdale Public Schools Education Foundation generated $645.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $398.3k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS TO SPRINGDALE STUDENTS AND GRANTS TO TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO SPRINGDALE STUDENTS
GRANTS TO SPRINGDALE HIGH SCHOOL. FUNDS ARE ADMINISTERED BY THE CONTROLLERS OFFICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stecklein Chris Executive Director | Officer | 40 | $76,271 |
Rogers Bill Board Member | OfficerTrustee | 2 | $0 |
Cleveland Dr Jared Board Member | OfficerTrustee | 2 | $0 |
Bayyari Fadil Board Member | Trustee | 2 | $0 |
Creek Debbie Treasurer | Trustee | 10 | $0 |
Gonzalez Hector Board Member | Trustee | 2 | $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 | $363,929 |
| Noncash contributions included in lines 1a–1f | $10,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $363,929 |
| Total Program Service Revenue | $8,527 |
| Investment income | $234,614 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,004 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $645,074 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $136,332 |
| Grants and other assistance to domestic individuals. | $105,300 |
| 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 | $75,831 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,901 |
| Payroll taxes | $5,829 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,277 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,098 |
| Office expenses | $6,077 |
| Information technology | $304 |
| Royalties | $0 |
| Occupancy | $10,436 |
| 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 | $1,195 |
| All other expenses | $863 |
| Total functional expenses | $398,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,582 |
| 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 | $1,862,073 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,191,655 |
| 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 | $1,626 |
| Total liabilities | $1,626 |
| Net assets without donor restrictions | $251,091 |
| Net assets with donor restrictions | $1,938,938 |
| 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 | $2,191,655 |
Grants Awarded
Over the last fiscal year, Springdale Public Schools Education Foundation has awarded $105,394 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JONES LITERACY GRANT PURPOSE: Support | $70,216 |
SPRINGDALE PUBLIC SCHOOLS PURPOSE: Support | $22,678 |
HAR BER CHOIR PURPOSE: Support | $7,500 |
BIKE GRANT PURPOSE: Support | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Springdale Public Schools Education Foundation has recieved totaling $51,626.
| Awarding Organization | Amount |
|---|---|
Tyson Foundation Inc Fayetteville, AR PURPOSE: PLAY MATTER CAMPAIGN- JOHN TYSON ELEMENTARY PLAYGROUND | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,426 |
Schmieding Foundation Term Springdale, AR PURPOSE: VARIOUS | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |