Winona Area Public Schools Foundation Inc
- Assets
- $3.7m
- Revenue
- $988.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Winona, MN
- Founding
- 02/1992
- Data as of
- 06/2022
- EIN
- 41-1707738
Organization Overview
Winona Area Public Schools Foundation Inc is located in Winona, MN. The organization was established in 1992. 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. Winona Area Public Schools 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, Winona Area Public Schools Foundation Inc generated $988.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $583.6k during the year ending 06/2022. While expenses have increased by 0.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SINGLE PURPOSE OF THE FOUNDATION IS TO ENRICH AND EXPAND EDUCATIONAL OPPORTUNITIES IN WINONA AREA PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S FOCUS IS ON SOLICITING CHARITABLE DONATIONS WHICH ARE MANAGED AND INVESTED IN ORDER TO MAKE MONTHLY GRANTS TO QUALIFYING REQUESTS. THESE GRANTS ARE TARGETED TO PROGRAMS AND PROJECTS THAT GO ABOVE AND BEYOND MANDATED CURRICULUM AND ENHANCE THE LEARNING THAT GOES ON IN THE CLASSROOM. THE FOUNDATION ALSO FACILITATES SUPPORT TO ANY AREA OF PUBLIC SCHOOL EDUCATION DESIGNATED BY AN INTERESTED DONOR, SUCH AS THE MILLER MENTORING PROGRAM AND THE ANNUAL HAAKE POETRY PRIZE COMPETITION. OTHER PROGRAMS SUPPORTED DURING THE YEAR WERE FIELD TRIPS TO MINNESOTA ZOO, MUSIC FESTIVAL, FLORIDA BAND TRIP AND STATE CAPITOL; TECH NEST DRONE PROJECT; AND THE YOUNG AUTHORS' CONFERENCE.
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 |
|---|---|---|---|
Shelley Milek Executive Director | Officer | 30 | $45,822 |
Luke Merchlewitz President | OfficerTrustee | 0.5 | $0 |
Robin Trombetta Co-Treasurer | OfficerTrustee | 1 | $0 |
Kris Lynch Director | Trustee | 0.5 | $0 |
Judy Davis Vice President | OfficerTrustee | 0.5 | $0 |
Stacey Matthees Co-Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,217 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $807,815 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $855,032 |
| Total Program Service Revenue | $0 |
| Investment income | $59,596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,571 |
| Net Income from Fundraising Events | $24,498 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $988,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $481,629 |
| Grants and other assistance to domestic individuals. | $22,598 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,822 |
| Compensation of current officers, directors, key employees. | $32,076 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,369 |
| Other employee benefits | $0 |
| Payroll taxes | $3,628 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,467 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $708 |
| Office expenses | $2,775 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,755 |
| 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 | $535 |
| Insurance | $4,092 |
| All other expenses | $47 |
| Total functional expenses | $583,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,743 |
| Savings and temporary cash investments | $71,108 |
| 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 | $2,206 |
| Net Land, buildings, and equipment | $613 |
| Investments—publicly traded securities | $3,510,837 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,699,507 |
| Accounts payable and accrued expenses | $76,722 |
| Grants payable | $9,619 |
| 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 | $86,341 |
| Net assets without donor restrictions | $978,287 |
| Net assets with donor restrictions | $2,634,879 |
| 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 | $3,699,507 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Winona Area Public Schools Foundation Inc has recieved totaling $18,242.
| Awarding Organization | Amount |
|---|---|
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $7,500 |
Winona Community Foundation Inc Winona, MN PURPOSE: GENERAL SUPPORT AND SCHOLARSHIPS | $5,200 |
Elizabeth Callender King Foundation Winona, MN PURPOSE: DONATION | $5,000 |
Thomas R Hennessy Family Charitable Trust Las Vegas, NV PURPOSE: EDUCATION | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Endowment Analysis
| Beg. Balance | $1,749,191 |
| Earnings | -$4,673 |
| Net Contributions | $3,157 |
| Ending Balance | $1,747,675 |
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 |