Coon Rapids Bayard Educational Corporation
- Assets
- $49.6k
- Revenue
- $53.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Coon Rapids, IA
- Founding
- 08/2000
- Data as of
- 06/2022
- EIN
- 42-1504497
Organization Overview
Coon Rapids Bayard Educational Corporation is located in Coon Rapids, IA. The organization was established in 2000. 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. Coon Rapids Bayard Educational Corporation 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, Coon Rapids Bayard Educational Corporation generated $53.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $51.7k during the year ending 06/2022. While expenses have increased by 12.7% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNDS WILL BE USED TO AUGMENT PROGRAMMING NEEDS, SO AS TO HELP RELIEVE THE GENERAL FUND OF SPECIFIC AREAS OF NEED ON A CASE-BY-CASE BASIS, YEAR-BY-YEAR AS DETERMINED BY THE CR-B SCHOOL DISTRICT SUPERINTENDENT.
COON RAPIDS-BAYARD SCHOOL DISTRICT TEACHER GRANTS. THIS SUPPORTS MANY PROGRAMS, INCLUDING THE PBIS PROGRAM, STEM PROGRAM, FFA PROGRAM, ETC. ALL STUDENTS BENEFIT FROM THESE GRANT FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keely Kinnick Sanden President | 0 | $0 | |
Kari Woodard Treasurer | 0 | $0 | |
Natasha Adams Director | 0 | $0 | |
Kelsey Bowman Director | 0 | $0 | |
Jenna Rosenbeck Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,755 |
| Interest on Savings | $54 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,864 |
| Total operating and administrative expenses | $3,864 |
| Contributions, gifts, grants paid | $47,821 |
| Total expenses and disbursements | $51,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,544 |
| Savings and temporary cash investments | $36,076 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $49,620 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Coon Rapids Bayard Educational Corporation has awarded $47,821 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COON RAPIDS-BAYARD PUBLIC SCHOOLS PURPOSE: TO SUPPORT THE PROGRAMS AND ASSIST WITH UPKEEP. | $45,218 |
Carroll, IA PURPOSE: TO SUPPORT THE PROGRAMS AND ASSIST WITH UPKEEP. | $2,603 |
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