Sandusky Education Foundation
- Assets
- $986.9k
- Revenue
- $366.7k
- Investments
- $26.7k
- Employees
- 1
- Location
- Sandusky, OH
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 46-1800323
Organization Overview
Sandusky Education Foundation is located in Sandusky, OH. The organization was established in 2013. 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. Sandusky Education 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 12/2021, Sandusky Education Foundation generated $366.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $39.8k during the year ending 12/2021. 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
SUPPORT SANDUSKY CITY SCHOOLS IN PROVIDING CHALLENGING AND ENRICHING EDUCATIONAL EXPERIENCES TO MAXIMIZE THE LEARNING POTENTIAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT SANDUSKY CITY SCHOOLS IN PROVIDING CHALLENGING AND ENRICHING EDUCATIONAL EXPERIENCES TO MAXIMIZE THE LEARNING POTENTIAL BY PROVIDING FUNDRAISING OPPORTUNITIES AND TO DEVELOP PRIVATE GIVING POTENTIAL
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Hanck Executive Director | Officer | 20 | $30,000 |
Judy Corso Secretary | OfficerTrustee | 1 | $0 |
Jeffrey Krabill Vice President | OfficerTrustee | 1 | $0 |
Tessa Steinemann Treasurer | Officer | 1 | $0 |
David Amerine Director | Trustee | 1 | $0 |
James Hart President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $353,015 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $353,015 |
| Total Program Service Revenue | $0 |
| Investment income | $86 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,666 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation of current officers, directors, key employees. | $3,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $122 |
| Advertising and promotion | $505 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,317 |
| All other expenses | $0 |
| Total functional expenses | $39,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,503 |
| Savings and temporary cash investments | $920,729 |
| 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 | $0 |
| Investments—other securities | $26,657 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $986,889 |
| Accounts payable and accrued expenses | $244 |
| 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 | $244 |
| Net assets without donor restrictions | $20,057 |
| Net assets with donor restrictions | $966,588 |
| 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 | $986,889 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sandusky Education Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Albert G And Olive H Schlink Foundation Sandusky, OH PURPOSE: EDUCATIONAL | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Battelle For Kids Hilliard, OH | $8,986,527 | $5,810,919 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
Van Wert County Foundation Van Wert, OH | $84,063,134 | $5,243,606 |
Middlebury Community Schools Employee Benefit Trust Middlebury, IN | $1,426,617 | $4,992,187 |
Carrol W Hirsch Ta Brooklyn, OH | $78 | $994,416 |
Ohio Foundation Of Independent Colleges Inc Columbus, OH | $10,019,771 | $4,357,939 |
Indianapolis Public Schools Education Foundation Inc Indianapolis, IN | $8,991,095 | $5,839,882 |
Sme Education Foundation Southfield, MI | $34,257,056 | $11,054,523 |
Activities Beyond The Classroom Cincinnati, OH | $2,008,297 | $4,001,675 |
Community College Of Philadelphia Foundation Philadelphia, PA | $17,835,018 | $4,924,395 |
West Michigan Aviation Academy Foundation Grand Rapids, MI | $2,682,990 | $2,348,565 |