Blue Springs Education Foundation
- Assets
- $2.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Blue Springs, MO
- Founding
- 11/2013
- Data as of
- 06/2021
- EIN
- 46-2948172
Organization Overview
Blue Springs Education Foundation is located in Blue Springs, MO. The organization was established in 2013. According to its NTEE Classification (B19) the organization is classified as: Support 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. Blue Springs 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 06/2021, Blue Springs Education Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $482.3k during the year ending 06/2021. While expenses have increased by 8.0% 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
TO ENHANCE THE EXCELLENT PROGRAMS AND INSTRUCTION SYNONYMOUS WITH THE BLUE SPRINGS SCHOOL DISTRICT AND PROVIDE ASSISTANCE FOR STUDENT SUCCESS IN THE K-12 STUDENT EXPERIENCE AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SCHOLARSHIPS/GRANTSPROVIDE SCHOLARSHIPS AND GRANTS FOR STUDENTS, FACULTY, AND ORGANIZATIONS WITHIN THE BLUE SPRINGS SCHOOL DISTRICT.
WEE PROGRAM$15,000 WAS USED FROM THE WEE FUND FOR DIVERSITY EQUITY AND INCLUSION COURSES FROM CORNELL UNIVERSITY. OTHER MONEY USED FROM WEE WAS FOR GROW YOUR OWN TEACHERS LOANS AND MENTORS ($11,000).
N/A
$40,000 SALARY PAID TO KEY EMPLOYEE TO FACILITATE GRANTS, SCHOLARSHIPS, AND PROGRAMS PROVIDED BY THE BSEF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Fullerton Past Chairperson | OfficerTrustee | 0 | $0 |
Kirk Sampson Treasurer | OfficerTrustee | 0 | $0 |
Brad Seib Chairperson | OfficerTrustee | 0 | $0 |
Cara Anger Vice Chairperson | OfficerTrustee | 0 | $0 |
Ken Logan Secretary | OfficerTrustee | 0 | $0 |
Bryan Dennie Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $298,353 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,559 |
| Noncash contributions included in lines 1a–1f | $3,045 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $385,912 |
| Total Program Service Revenue | $190,189 |
| Investment income | $566,872 |
| 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 | $1,142,973 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $181,986 |
| 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. | $40,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,000 |
| 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 | $3,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,999 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $547 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,921 |
| All other expenses | $6,219 |
| Total functional expenses | $482,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,879 |
| Savings and temporary cash investments | $2,627,387 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,673,266 |
| 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 | $1,644,227 |
| Net assets with donor restrictions | $1,029,039 |
| 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 | $2,673,266 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Blue Springs Education Foundation has recieved totaling $969.
| Awarding Organization | Amount |
|---|---|
Commerce Foundation Kansas City, MO PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION. | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tcs Education System Chicago, IL | $58,844,634 | $63,686,418 |
Little Scholars Of Arkansas Foundation Little Rock, AR | $55,916,312 | $35,033,452 |
Nebraska Soybean Board Lincoln, NE | $13,439,393 | $30,921,429 |
National Institute For Excellence In Teaching Nashville, TN | $34,287,957 | $30,387,286 |
The Center Resources For Teaching And Learning Arlington Heights, IL | $6,192,326 | $12,914,768 |
The Opportunity Trust St Louis, MO | $4,217,060 | $10,924,434 |
Jackson Foundation Inc Dickson, TN | $81,442,128 | $3,275,608 |
Influence 1 Memphis, TN | $6,214,331 | $4,262,960 |
Action For Healthy Kids Inc Chicago, IL | $3,842,848 | $2,908,557 |
E-Stem Public Charter Schools Inc Little Rock, AR | $15,935,823 | $3,314,304 |
Kids First Chicago For Education Chicago, IL | $7,952,532 | $6,200,779 |
Southeast South-Central Educational Cooperative Richmond, KY | $1,249,010 | $3,554,543 |