Special Intermediate School District 916 Foundation
- Assets
- $925.3k
- Revenue
- $134.5k
- Investments
- $0.0
- Employees
- 0
- Location
- White Bear Lake, MN
- Founding
- 01/1985
- Data as of
- 06/2021
- EIN
- 41-1497099
Organization Overview
Special Intermediate School District 916 Foundation is located in White Bear Lake, MN. The organization was established in 1985. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Special Intermediate School District 916 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 06/2021, Special Intermediate School District 916 Foundation generated $134.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $109.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE 916 EDUCATION FOUNDATION IS A CHARITABLE ORGANIZATION THAT ENHANCES TEACHING AND LEARNING THROUGH ECONOMIC SUPPORT TO THE STUDENTS, STAFF, PROGRAMS AND MEMBER DISTRICTS OF NORTHEAST METRO 916 INTERMEDIATE SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EDUCATION EQUIPMENT ALLOCATIONS. THE PROGRAM PROVIDES THE DISTRICT WITH SPECIAL EQUIPMENT WHEN IT IS NECESSARY TO ENHANCE THE LEARNING ENVIRONMENT OF THE SCHOOL. THE DISTRICT IN WHICH SUPPORT IS PROVIDED TO SERVED APPROXIMATELY 5,400 STUDENTS FOR THE YEAR ENDED JUNE 30, 2021.
SCHOLARSHIPS ARE PROVIDED TO STUDENT FOR CONTINUING EDUCATION. THERE WERE 45 STUDENTS PROVIDED WITH SCHOLARSHIPS IN FISCAL 2020-21.
THESE DOLLARS ARE SPENT IN THE CLASSROOM FOR CLASSROOM SUPPLIES, SUPPLEMENTAL STUDENT LEARNING RESOURCES, INSTRUCTIONAL EQUIPMENT, AND OTHER STUDENT LEARNING EXPERIENCES.
STUDENTS EXPERIENCING HOMELESSNESS, RISK OF BECOMING HOMELESS AND THOSE EXPERIENCING FOOD AND INCOME INSECURITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Benson Past President | OfficerTrustee | 1 | $0 |
Rob Weber Secretary | OfficerTrustee | 1 | $0 |
Troy Miller Treasurer | OfficerTrustee | 1 | $0 |
Erick Lehet President | OfficerTrustee | 1 | $0 |
Lisa Edstrom Vice President | OfficerTrustee | 1 | $0 |
Bruce Beck Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $39,197 |
| Fundraising events | $41,149 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,662 |
| Noncash contributions included in lines 1a–1f | $18,173 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,008 |
| Total Program Service Revenue | $0 |
| Investment income | $38,636 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,122 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,522 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,023 |
| Grants and other assistance to domestic individuals. | $33,982 |
| 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 | $18,443 |
| 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 | $2,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,153 |
| Information technology | $670 |
| 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 | $1,952 |
| All other expenses | $0 |
| Total functional expenses | $109,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,619 |
| Savings and temporary cash investments | $133,189 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $500 |
| 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 | $752,952 |
| Total assets | $925,260 |
| Accounts payable and accrued expenses | $42,383 |
| 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 | $42,383 |
| Net assets without donor restrictions | $648,538 |
| Net assets with donor restrictions | $234,339 |
| 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 | $925,260 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Special Intermediate School District 916 Foundation has recieved totaling $24,482.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $17,715 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $6,767 |
Endowment Analysis
| Beg. Balance | $413,135 |
| Earnings | $125,504 |
| Admin Expense | $5,592 |
| Grants | $17,715 |
| Ending Balance | $515,331 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blake School Hopkins, MN | $191,397,009 | $55,181,768 |
Breck School Minneapolis, MN | $145,805,473 | $46,151,265 |
St Lukes-Jones Regional Medical Center Anamosa, IA | $65,819,310 | $47,904,266 |
University School Of Milwaukee Corporation Milwaukee, WI | $59,516,474 | $37,531,617 |
St Paul Academy And Summit School Saint Paul, MN | $155,552,723 | $37,579,320 |
Shattuck-St Marys Schools Faribault, MN | $98,168,921 | $33,078,824 |
Hiawatha Academies Minneapolis, MN | $17,479,202 | $30,126,706 |
Minnehaha Academy Minneapolis, MN | $87,515,002 | $27,566,696 |
Little Wound School Board Inc Kyle, SD | $30,101,573 | $34,256,769 |
Duluth Public Schools Academy Duluth, MN | $11,300,582 | $19,293,947 |
Providence Academy Plymouth, MN | $90,830,285 | $18,450,860 |
Milwaukee Science Education Consortium Inc Milwaukee, WI | $22,408,763 | $18,701,164 |