Quincy Public Schools Foundation
- Assets
- $2.9m
- Revenue
- $183.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Quincy, IL
- Founding
- 10/1993
- Data as of
- 06/2022
- EIN
- 37-1251029
Organization Overview
Quincy Public Schools Foundation is located in Quincy, IL. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Quincy Public Schools Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quincy Public Schools 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 06/2022, Quincy Public Schools Foundation generated $183.2k 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 (11.3%) each year. All expenses for the organization totaled $455.6k during the year ending 06/2022. 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
RECEIVE AND DISTRIBUTE FUNDS FOR THE BENEFIT OF QSD 172
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUINCY SCHOOL DISTRICT 172 - EDUCATIONAL EXPENSES
ALUMNI PROGRAM FOR QUINCY PUBLIC SCHOOLS
QUINCY SCHOOL DISTRICT 172 - EDUCATIONAL EXPENSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsay Ertel President | Officer | $0 | |
Heather Cook Treasurer | Officer | $0 | |
Michaela Fray Secretary | Officer | $0 | |
Cody Hageman Vice Preside | Officer | $0 | |
Rachel Hansen Past Preside | Officer | $0 | |
Sayeed Ali Trustee | Trustee | $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 | $417,914 |
| Noncash contributions included in lines 1a–1f | $13,147 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $417,914 |
| Total Program Service Revenue | $0 |
| Investment income | -$360,562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $65,967 |
| Net Income from Gaming Activities | $5,195 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $183,171 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $317,295 |
| Grants and other assistance to domestic individuals. | $3,100 |
| 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 | $103,988 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,397 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,797 |
| Office expenses | $12,938 |
| 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 | $3,198 |
| All other expenses | $0 |
| Total functional expenses | $455,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $871,833 |
| Savings and temporary cash investments | $8,594 |
| 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 | $2,059,193 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,939,620 |
| Accounts payable and accrued expenses | $3,297 |
| 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 | $0 |
| Total liabilities | $3,297 |
| Net assets without donor restrictions | $705,534 |
| Net assets with donor restrictions | $2,230,789 |
| 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 | $2,939,620 |
Grants Awarded
Over the last fiscal year, Quincy Public Schools Foundation has awarded $477,950 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
QUINCY COMMUNITY SCHOOL 172DREAM BIG PURPOSE: EDUCATION SUPPORT | $427,180 |
QUINCY COMMUNITY SCHOOL 172TEACHER GRANTS PURPOSE: EDUCATION SUPPORT | $26,027 |
QUINCY COMMUNITY SCHOOL 172AGENT EXPENSES PURPOSE: EDUCATION SUPPORT | $24,743 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Quincy Public Schools Foundation has recieved totaling $180,524.
| Awarding Organization | Amount |
|---|---|
Cfm Foundation Quincy, IL PURPOSE: OPS AND NEW TECH | $170,000 |
J W Gardner Ii Foundation Quincy, IL PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $424 |
Hofmeister Foundation Quincy, IL PURPOSE: OPERATING | $100 |
Endowment Analysis
| Beg. Balance | $2,617,477 |
| Earnings | -$364,608 |
| Net Contributions | $92,551 |
| Grants | $78,365 |
| Ending Balance | $2,267,055 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |