Storm Lake School District Foundation
- Assets
- $455.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Storm Lake, IA
- Founding
- 06/1984
- Data as of
- 08/2024
- EIN
- 42-1226546
Organization Overview
Storm Lake School District Foundation is located in Storm Lake, IA. The organization was established in 1984. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Storm Lake School District 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 08/2024, Storm Lake School District Foundation generated $113.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $2.5k during the year ending 08/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS TO STORM LAKE HIGH SCHOOL GRADUATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melea Raveling School Board Representativ | 0 | $0 | |
Brett Redenbaugh Director | 0 | $0 | |
Mike Porsch Executive Director | 0 | $0 | |
Ty Seaman Director | 0 | $0 | |
Jeff Dehaan Director | 0 | $0 | |
Jeff Jorgensen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,732 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14,193 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $53,566 |
| Other Revenue | $0 |
| Total Revenue | $113,491 |
| 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 | $0 |
| Other expenses | $0 |
| Total expenses | $2,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $454,744 |
| Other assets | $0 |
| Total assets | $455,538 |
| Total liabilities | $0 |
| Net assets or fund balances | $455,538 |