Simple Foundation
- Assets
- $6.2m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 41
- Location
- Omaha, NE
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 46-5272775
Organization Overview
Simple Foundation is located in Omaha, NE. The organization was established in 2015. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2021, Simple Foundation employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simple 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, Simple Foundation generated $6.3m in total revenue. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 99.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MULTI-FACETED NEEDS OF VULNERABLE CHILDREN AND FAMILIES THROUGH SCHOLARSHIPS, VOLUNTEERISM, AND MENTORING RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC EXCELLENCE - WE WORK TO PROVIDE YEAR-ROUND TUTORING SERVICES FOR ECONOMICALLY DISADVANTAGED AND REFUGEE/IMMIGRANT ELEMENTARY AND MIDDLES SCHOOL STUDENTS THROUGH OUR ACADEMIC EXCELLENCE PROGRAM. OUR FOCUS ON ONE-TO-ONE TUTORING AND HIGH- QUALITY ACADEMIC SUPPORT NOT ONLY BENEFITS PARTICIPANTS ACADEMICALLY, IT ALSO SUPPORTS SOCIAL AND DEVELOPMENTAL GROWTH. WE ALSO FACILITATE A NUTURING ENVIRONMENT TO IMPROVE STUDENTS' EDUCATIONAL SUCCESSES THROUGH OUR COLLEGE FOR SUCCESS PROGRAM, WHICH WORKS TO PROVIDE YOUTH WITH A SEAMLESS PATH FROM HIGH SCHOOL TO POST SECONDARY EDUCATION.
FAMILY ADVOCACY AND RESOURCE - OUR FAMILY ADVOCACY AND RESOURCE PROGRAM OFFERS ESL CLASSES FOR YOUTH'S FAMILY MEMBERS WHO WANT TO IMPROVE THEIR SKILLS IN SPEAKING, READING AND WRITING ENGLISH. WE ALSO OFFER WORKFORCE TRAINING OPPORTUNITIES THAT HELP OUR COMMUNITY'S IMMIGRANTS AND REFUGEES BETTER UNDERSTAND SOME OF THE CULTURAL DIFFERENCES THEY MIGHT ENCOUNTER IN A U.S. WORK ENVIRONMENT. WE HELP INTRODUCE INDIVIDUALS WHO ARE READY TO WORK TO THE LOCAL BUSINESS COMMUNITY SO THAT THEY CAN BECOME ACTIVE, RESPONSIBLE CONTRIBUTORS TO THEIR FAMILIES AND TO OUR ECONOMY. THIS PROGRAM ALSO INCLUDES DISTRIBUTION OF FOOD AND CLOTHING TO OMAHA AREA FAMILIES WHO NEED IT MOST.
YOUTH ACADEMY - DURING YOUTH ACADEMY WE IMPLEMENT SOCCER FOR SUCCESS, AND EVIDENCE- BASED GROUP MENTORING PROGRAM DESIGNED TO FOSTER CHARACTER DEVELOPMENT. TRAINED COACH- MENTORS ENGAGE PARTICIPANTS BY CREATIVELY TEACHING NUTRITION EDUCATION AND CRITICAL LIFE SKILLS THROUGH SOCCER INSTRUCTION. OUR NONTRADITIONAL, CULTURALLY RESPECTFUL PROGRAM RESULTS IN PARTICPANTS' IMPROVED ACADEMIC ACHIEVEMENT, SELF-ESTEEM, SOCIAL COMPETENCE AND AVOIDANCE OF HIGH-RISK/PROBLEM BEHAVIORS.
INTERNATIONAL INITIATIVES - THIS YEAR-LONG INITIATIVE ENCOURAGES THE GLOBAL COMMUNITY TO DONATE GENTLY USED CLOTHING, NON-PERISHABLE FOOD ITEMS, OVER-THE-COUNTER MEDICATION, SOCCER EQUIPMENT, SCHOOL SUPPLIES, TOILETRIES AND MUCH MORE TO IMPOVERISHED REGIONS IN GHANA, TOGO, DEMOCRATIC REPUBLIC OF CONGO, SOMALIA, KENYA AND SEVERAL OTHER AFRICAN COUNTIRES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Osuman Issaka Chair | OfficerTrustee | 45 | $104,998 |
Kenya Love Secretary | OfficerTrustee | 3 | $0 |
Billy Walker Jr Board Member | OfficerTrustee | 3 | $0 |
Franck Bile Treasurer | OfficerTrustee | 3 | $0 |
Aminatu Issaka Board Member | Trustee | 3 | $0 |
John Levy Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,630 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,108,098 |
| Noncash contributions included in lines 1a–1f | $520,234 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,194,728 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,207 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,318,089 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $33,462 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,834 |
| Compensation of current officers, directors, key employees. | $34,779 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $338,736 |
| Pension plan accruals and contributions | $2,747 |
| Other employee benefits | $29,931 |
| Payroll taxes | $34,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,835 |
| Advertising and promotion | $1,006 |
| Office expenses | $42,069 |
| Information technology | $28,207 |
| Royalties | $0 |
| Occupancy | $127,247 |
| Travel | $53,382 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,585 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,132 |
| Insurance | $39,936 |
| All other expenses | $0 |
| Total functional expenses | $1,812,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,626 |
| Savings and temporary cash investments | $729,595 |
| Pledges and grants receivable | $4,058,000 |
| Accounts receivable, net | $6,854 |
| 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 | $5,181 |
| Net Land, buildings, and equipment | $1,250,705 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,168,961 |
| Accounts payable and accrued expenses | $71,041 |
| 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 | $46,768 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $117,809 |
| Net assets without donor restrictions | $1,283,489 |
| Net assets with donor restrictions | $4,767,663 |
| 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 | $6,168,961 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Simple Foundation has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
John K And Lynne D Boyer Foundation Omaha, NE PURPOSE: GENERAL SUPPORT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee Des Moines, IA | $75,894,378 | $21,812,028 |
Envision Xpress Inc Wichita, KS | $21,582,294 | $13,602,741 |
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
P E O Foundation Des Moines, IA | $140,487,423 | $16,863,604 |
Kidsmart Saint Louis, MO | $4,061,844 | $8,307,759 |
Northwest Foundation Inc Maryville, MO | $55,922,802 | $14,720,589 |
Rockley Family Foundation Inc Golden, CO | $1,094,070 | $6,767,758 |
Castle Rock Lifelong Learning Center Castle Rock, CO | $14,698,293 | $9,801,652 |
Steamboat Springs Education Fund Steamboat Springs, CO | $4,415,852 | $5,543,622 |
Compass For Lifelong Discovery Carbondale, CO | $15,833,149 | $4,673,711 |
Via-Bradely College Of Engineering Foundation Sioux Falls, SD | $33,602,136 | $3,151,765 |
Northeast Community College Foundation Norfolk, NE | $33,653,579 | $4,360,839 |