Southwest High School Foundation
- Assets
- $497.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 08/1994
- Data as of
- 12/2022
- EIN
- 41-1732130
Organization Overview
Southwest High School Foundation is located in Minneapolis, MN. The organization was established in 1994. 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. Southwest High School 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 12/2022, Southwest High School Foundation generated $94.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $113.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 4 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SOUTHWEST FOUNDATION IS DEDICATED TO WORKING WITH SOUTHWEST HIGH SCHOOL AND ALUMNI TO CREATE AN EXCEPTIONAL EXPERIENCE FOR ALL SOUTHWEST STUDENTS TO THRIVE. WE RAISE MONEY TO SUPPORT ACACEMICS, ATHLETICS, AND ARTISTIC OPPORTUNITIES AND PROVIDE SCHOLARSHIPS TO GRADUATING SENIORS.
Describe the Organization's Program Activity:
Part 3
SUPPORTED ACADEMIC ($23,790), SCHOLARSHIPS ($46,523) AND ATHLETIC ($28,874) PROGRAMS.
ACADEMICS
ATHLETIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Roach Treasurer | 2 | $0 | |
Gwen Spurgat Officer | 1 | $0 | |
Dave Premack Officer | 4 | $0 | |
Allison Krueger Officer | 2 | $0 | |
Dan Froehlich Officer | 1 | $0 | |
Bradley Idelkope Chairperson | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,358 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,926 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,284 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10,182 |
| Other expenses | $9,073 |
| Total expenses | $113,925 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $299,940 |
| Other assets | $0 |
| Total assets | $497,913 |
| Total liabilities | $0 |
| Net assets or fund balances | $497,913 |