North Platte Public Schools Foundation Inc is located in North Platte, NE. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 08/2023, North Platte Public Schools Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Platte Public Schools Foundation Inc 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 08/2023, North Platte Public Schools Foundation Inc generated $764.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $304.0k during the year ending 08/2023. While expenses have increased by 12.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTH PLATTE PUBLIC SCHOOLS FOUNDATION IS DEDICATED TO ENHANCING THE EDUCATIONAL OPPORTUNITIES FOR NORTH PLATTE PUBLIC SCHOOLS' STUDENTS BY: 1. PROVIDING EXPANDED EDUCATIONAL OPPORTUNITIES FOR ALL STUDENTS. 2. PROVIDING GRANTS TO SUPPORT INNOVATIVE INSTRUCTIONAL PROGRAMS TO STRENGTHEN AND ENRICH THE PUBLIC EDUCATION CURRICULUM. 3. REINFORCING A POSITIVE RELATIONSHIP BETWEEN OUR COMMUNITY AND ITS SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS, GRANTS AND OTHER PROGRAMS FOR THE BENEFIT OF NORTH PLATTE PUBLIC SCHOOLS, IT EDUCATORS, AND STUDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Burchell Executive Di | Trustee | 40 | $47,250 |
Shae Caldwell President | OfficerTrustee | 0.5 | $0 |
Kathryn Hisel Treasurer | OfficerTrustee | 0.5 | $0 |
Susan Johnson Trustee | Trustee | 0.5 | $0 |
Jami Mendenhall Trustee | Trustee | 0.5 | $0 |
Matt Pederson Trustee | Trustee | 0.5 | $0 |
| 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 | $429,084 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $429,084 |
| Total Program Service Revenue | $0 |
| Investment income | $37,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $238,257 |
| Net Income from Fundraising Events | $59,330 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $764,086 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $158,971 |
| Grants and other assistance to domestic individuals. | $30,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $47,250 |
| Compensation of current officers, directors, key employees. | $47,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,759 |
| Pension plan accruals and contributions | $1,417 |
| Other employee benefits | $0 |
| Payroll taxes | $5,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,614 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,750 |
| Office expenses | $29,225 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $55 |
| All other expenses | $0 |
| Total functional expenses | $304,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,605 |
| Savings and temporary cash investments | $376,705 |
| 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 | $1,417,083 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,922,393 |
| Accounts payable and accrued expenses | $5,023 |
| 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 | $5,023 |
| Net assets without donor restrictions | $1,232,697 |
| Net assets with donor restrictions | $684,673 |
| 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 | $1,922,393 |