Newton Community High School Academic Foundation is located in Newton, IL. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Newton Community High School Academic 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 09/2023, Newton Community High School Academic Foundation generated $195.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $87.5k during the year ending 09/2023. While expenses have increased by 18.6% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS FOR COLLEGE EDUCATION - 19 RECIPIENTS, 25 SCHOLARSHIPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Ikemire President | 1 | $0 | |
Dan Hartigan Secretary | 1 | $0 | |
Beth Probst Treasurer | 1 | $0 | |
Ruth Kerner Director | 1 | $0 | |
Lisa Meyer Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,731 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,137 |
| Gain or Loss | $7,512 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $195,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $550 |
| Total expenses | $87,450 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $419,460 |
| Other assets | $0 |
| Total assets | $419,460 |
| Total liabilities | $0 |
| Net assets or fund balances | $419,460 |