West Des Moines Community Schools Foundation
- Assets
- $1.4m
- Revenue
- $604.8k
- Investments
- $0.0
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 10/1988
- Data as of
- 06/2021
- EIN
- 42-1355170
Organization Overview
West Des Moines Community Schools Foundation is located in West Des Moines, IA. The organization was established in 1988. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Des Moines Community Schools 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, West Des Moines Community Schools Foundation generated $604.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $537.0k during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE STRIVE TO BE THE UNIFYING ORGANIZATION THAT ENABLES THE WEST DES MOINES COMMUNITY SCHOOLS TO PROVIDE ACCESS TO EXCEPTIONAL DISTRICTWIDE OPPORTUNITIES THAT PROMOTE THE JOY OF LEARNING; IMPROVE EDUCATIONAL OUTCOMES; AND PREPARE ALL STUDENTS TO BECOME CONFIDENT, COMPETENT AND ENGAGED CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ACTIVELY SEEKS FUNDING FOR THE 13 SCHOOLS IN THE WEST DES MOINES COMMUNITY SCHOOL DISTRICT. THE FUNDS ARE USED TO SUPPORT THE FOLLOWING PROGRAMS: SCHOOL PROGRAMS, TIGER PRIDE SUPPLIES, VALLEY AFTER PROM COMMITTEE, FRIENDS OF VALLEY DEBATE, VALLEY VOICES, VALLEY PTO, VALLEY DRAMA AND MANY OTHER PROGRAMS.
THE STUDENT SCHOLARSHIP PROGRAM EXPANDS THE ACCESS TO EDUCATIONAL OPPORTUNITIES BY INVOLVING AND ASSISTING THE COMMUNITY IN THE SUPPORT OF STUDENTS AND IN THE ENCOURAGEMENT OF EDUCATIONAL ACHIEVEMENT BEYOND HIGH SCHOOL. THE SCHOLARSHIP PROGRAM PROVIDES FINANCIAL SUPPORT TO OVER 100 DISTRICT GRADUATES EACH YEAR.
THE STAFF RECOGNITION PROGRAM IS A CITIZEN-BASED PROGRAM THAT ORGANIZES AN ANNUAL RECEPTION TO HONOR TEACHERS AND SCHOOL STAFF PERSONNEL REACHING YEARS OF SERVICE MILESTONES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Porter Past Chair | OfficerTrustee | 2 | $0 |
Cindy Todd Secretary | OfficerTrustee | 2 | $0 |
Tina Mowry-Hadden President | OfficerTrustee | 2 | $0 |
David Farnsworth Treasurer | OfficerTrustee | 2 | $0 |
Gretta Geneser Director | Trustee | 1 | $0 |
Brad Rose Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,217 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $565,321 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $582,538 |
| Total Program Service Revenue | $0 |
| Investment income | $12,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,604 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $604,775 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $185,202 |
| 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 | $0 |
| 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 | $5,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $371 |
| Office expenses | $5,940 |
| Information technology | $0 |
| 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 | $2,098 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $440 |
| All other expenses | $0 |
| Total functional expenses | $536,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $371,058 |
| Savings and temporary cash investments | $222,777 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $805,263 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,399,098 |
| 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 | $15,322 |
| Net assets with donor restrictions | $1,383,776 |
| 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 | $1,399,098 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that West Des Moines Community Schools Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Duroe Family Foundation Waterloo, IA PURPOSE: GENERAL FUND | $1,000 |
Endowment Analysis
| Beg. Balance | $1,133,903 |
| Earnings | $195,367 |
| Net Contributions | $599,280 |
| Other Expense | $359,572 |
| Grants | $185,202 |
| Ending Balance | $1,383,776 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Sioux Falls Area Community Foundation Inc Sioux Falls, SD | $264,068,911 | $59,923,672 |
Lincoln Community Foundation Inc Lincoln, NE | $161,472,860 | $29,470,305 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |