Southwest Metro Educational Foundation
- Assets
- $98.4k
- Revenue
- $47.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Shakopee, MN
- Founding
- 03/1996
- Data as of
- 06/2021
- EIN
- 41-1808971
Organization Overview
Southwest Metro Educational Foundation is located in Shakopee, MN. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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 Metro Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUSTAIN AND ADVANCE THE UNIQUE AND VITAL EDUCATIONAL SERVICES AND PROGRAMS OF SOUTHWEST METRO INTERMEDIATE DISTRICT 288, AN EDUCATIONAL SYSTEM WHERE PEOPLE REGISTER FOR OPPORTUNITY AND HOPE, NOT JUST RECEIVE AN EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOUTHWEST METRO EDUCATIONAL FOUNDATION IS A FISCAL SPONSOR FOR GOOD TO GO KIDS (GTGK) AND GOOD TO MOVE (GTM). GTGK IS A PROGRAM THAT PROVIDES WEEKEND MEALS IN BACKPACKS FOR KIDS IN NEED. THE PROGRAM IS OFFERED TO ELEMENTARY, MIDDLE, AND HIGHS SCHOOL STUDENTS IN SCOTT COUNTY AND THE SOUTHWEST METRO HIGH SCHOOL LOCATED AT 401 EAST 4TH STREET IN CHASKA, MINNESOTA. THIS PROGRAM SERVES CHILDREN KINDERGARTEN THROUGH 12TH GRADE. GTM PROVIDES YOGA AND OTHER MEDITATIVE EXERCISES TO HELP CHILDREN IN SCOTT COUNTY AND AT THE SOUTHWEST METRO DISTRICT MAIN CAMPUS TO DEVELOP SKILLS THROUGH EXERCISE TO HELP WITH STRESS AND ANXIETY, AS WELL AS THEIR MENTAL HEALTH.
SCHOLARSHIP PROGRAM: THE SOUTHWEST METRO EDUCATIONAL FOUNDTAION OFFERS A SCHOLARSHIP PROGRAM, TO STUDENTS OF THE SOTHWEST METRO INTERMEDIATE DISTRICT 288. THE MAJORITY OF STUDENTS WOULD NOT BE ELIGIBLE TO RECEIVE SCHOLARSHIPS FROM THEIR HOME DISTRICTS, THUS THE IMPORTANCE OF THE FOUNDATION'S SCHOLARSHIP PROGRAM. SCHOLARSHIPS ARE PROVIDED TO STUDENTS GOING INTO A VARIETY OF PROFESSIONS THAT DO NOT OFTEN REQUIRE A 4 YEAR COLLEGE DEGREE. MANY OF THE SCHOLARSHIPS PROVIDED ARE FOR TRADE SCHOOLS AND 2 YEAR CERTIFICATIONS.
GRANT PROGRAM: THE SOUTHWEST METRO EDUCATIONAL FOUNDATION SPONSORS VARIOUS ACTIVITIES AT THE SOUTHWEST METRO INTERMEDIATE DISTRICT 288. MANY OF THE STUDENTS HAVE FELT OUTCAST AND. AT TIMES, BULLIED BY OTHER STUDENTS IN THEIR FORMER SCHOOL SETTING, THUS THE IMPORTANCE OF THE FOUNDATION'S GRANT/SCHOLARSHIP PROGRAM. GRANTS SUPPORT ACTIVITIES WITH THE STAFF AT THE SOUTHWEST METRO INTERMEDIATE DISTRICT HELP BRING STUDENTS TOGETHER, BUILD COMMUNITY, AS WELL AS PROVIDE INCENTIVES TO STAY IN SCHOOL AND ACTIVELY PARTICIPATE. THESE ACTIVITIES INCLUDE STUDENT SERVICES PROJECTS, THANKSGIVING COMMUNITY DINNER, TEACHER APPRECIATION, KICK-BALL TOURNAMENT, PHOTOWEEN (SUPPORTS DISTRICT'S COSMETOLOGY AND PHOTOGRAPHY PROGRAMS) AND STUDENT INCENTIVE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darcy Schatz Executive Di | Trustee | 12.5 | $9,000 |
Stephanie Erickson Board Chair | Officer | $0 | |
Will Thompson Vice Chair | Officer | $0 | |
Norma Timmons Past Board C | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,276 |
| Investment income | $105 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $657 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,038 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $15,500 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $21,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $740 |
| Information technology | $75 |
| 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 | $16,853 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,531 |
| All other expenses | $0 |
| Total functional expenses | $56,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,355 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,355 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $98,355 |