Mequon-Thiensville Education Foundation Inc
- Assets
- $1.2m
- Revenue
- $195.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Mequon, WI
- Founding
- 07/1999
- Data as of
- 06/2022
- EIN
- 31-1625167
Organization Overview
Mequon-Thiensville Education Foundation Inc is located in Mequon, WI. The organization was established in 1999. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mequon-Thiensville Education Foundation Inc 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, Mequon-Thiensville Education Foundation Inc generated $195.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $259.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP COMMUNITY-WIDE PRIVATE FINANCIAL SUPPORT FOR THE MEQUON-THIENSVILLE SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEQUON-THIENSVILLE EDUCATION FOUNDATION, INC. RAISED MONEY VIA AN ANNUAL GIVING MAILING REQUEST AND THE TARTAN BASH CHARITABLE EVENT. GRANTS PAID TO THE MEQUON-THIENSVILLE SCHOOL DISTRICT WILL BENEFIT ALL STUDENTS AND INCLUDE GRANTS DESIGNATED FOR TECHNOLOGY, PERSONNEL AND CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Birmingham Executive Director | Officer | 1 | $32,500 |
Chris Timm Treasurer | OfficerTrustee | 0 | $0 |
Alexandra Ridgway President | OfficerTrustee | 0 | $0 |
Kathy Blume Vice President | OfficerTrustee | 0 | $0 |
Kerry Meskin Secretary | OfficerTrustee | 0 | $0 |
Sara Alexander Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $14,218 |
| Membership dues | $0 |
| Fundraising events | $35,095 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,496 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,809 |
| Total Program Service Revenue | $0 |
| Investment income | $46 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,912 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $195,767 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $162,886 |
| Grants and other assistance to domestic individuals. | $7,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $32,500 |
| Compensation of current officers, directors, key employees. | $19,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,343 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,271 |
| Fees for services: Other | $10,703 |
| Advertising and promotion | $12,117 |
| Office expenses | $19,487 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $259,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,459 |
| Savings and temporary cash investments | $123,633 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $977,763 |
| Total assets | $1,236,855 |
| Accounts payable and accrued expenses | $1,925 |
| Grants payable | $176,025 |
| 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 | $177,950 |
| Net assets without donor restrictions | $750,291 |
| Net assets with donor restrictions | $308,614 |
| 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 | $1,236,855 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Mequon-Thiensville Education Foundation Inc has recieved totaling $40,078.
| Awarding Organization | Amount |
|---|---|
Ayco Charitable Foundation Cohoes, NY PURPOSE: EDUCATION | $17,000 |
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI PURPOSE: DONOR DESIGNATIONS | $12,590 |
Nicholas Fam Foundation Tr Mequon, WI PURPOSE: UNDERWRITE TARTAN BALL. ENRICHING THE EDUCATION OF MEQUON THIENSVILLE SCHOOL DISTRICT. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $388 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Endowment Analysis
| Beg. Balance | $1,064,806 |
| Earnings | -$87,043 |
| Ending Balance | $977,763 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Shoulders Fund Chicago, IL | $125,993,936 | $62,883,883 |
Wonderful Foundations Minneapolis, MN | $335,018,950 | $18,325,687 |
Northern School District Tr Nsdt Ashland, WI | $7,100,055 | $19,700,380 |
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee Des Moines, IA | $75,894,378 | $21,812,028 |
Cristo Rey Network Chicago, IL | $14,102,009 | $11,695,592 |
City Colleges Of Chicago Foundation Chicago, IL | $22,678,364 | $14,327,610 |
Big Ten Academic Alliance Champaign, IL | $13,766,841 | $9,203,675 |
P E O Foundation Des Moines, IA | $140,487,423 | $16,863,604 |
Holy Family Ministries Chicago, IL | $16,241,007 | $8,503,495 |
Drexel Funds Milwaukee, WI | $18,531,220 | $8,522,964 |
North Central States Regional Council Of Carpenters Trng Fund Eau Claire, WI | $10,404,488 | $4,232,713 |
Sme Education Foundation Southfield, MI | $34,257,056 | $11,054,523 |