North Platte Public Schools Foundation Inc
- Assets
- $1.6m
- Revenue
- $314.2k
- Investments
- $0.0
- Employees
- 10
- Location
- North Platte, NE
- Founding
- 02/1995
- Data as of
- 08/2022
- EIN
- 47-0780300
Organization Overview
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 08/2022, North Platte Public Schools Foundation Inc employed 10 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 08/2022, North Platte Public Schools Foundation Inc generated $314.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $272.2k during the year ending 08/2022. While expenses have increased by 12.2% per year over the past 7 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
2022
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Burchell Executive Di | Trustee | 40 | $47,156 |
Mike Phillips Vice-Preside | OfficerTrustee | 0.5 | $0 |
Shae Caldwell President | OfficerTrustee | 0.5 | $0 |
Kathryn Hisel Treasurer | OfficerTrustee | 0.5 | $0 |
Heather Williams Secretary | OfficerTrustee | 0.5 | $0 |
Susan Johnson Trustee | Trustee | 0.5 | $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 | $198,819 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,819 |
| Total Program Service Revenue | $0 |
| Investment income | $42,564 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $57,522 |
| Net Income from Fundraising Events | $15,299 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $314,204 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,601 |
| Grants and other assistance to domestic individuals. | $40,224 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $47,156 |
| Compensation of current officers, directors, key employees. | $47,156 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,749 |
| Pension plan accruals and contributions | $1,300 |
| Other employee benefits | $0 |
| Payroll taxes | $3,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $816 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,650 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $28,194 |
| 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 | $365 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $359 |
| All other expenses | $0 |
| Total functional expenses | $272,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,429 |
| Savings and temporary cash investments | $22,065 |
| 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 | $1,529,705 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,615,199 |
| Accounts payable and accrued expenses | $6,090 |
| 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 | $6,090 |
| Net assets without donor restrictions | $1,034,496 |
| Net assets with donor restrictions | $574,613 |
| 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 | $1,615,199 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that North Platte Public Schools Foundation Inc has recieved totaling $5,428.
| Awarding Organization | Amount |
|---|---|
Mid Nebraska Community Foundation Inc North Platte, NE PURPOSE: PUBLIC EDUCATION | $5,170 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $258 |
Endowment Analysis
| Beg. Balance | $815,459 |
| Earnings | -$69,966 |
| Net Contributions | $78,522 |
| Grants | $63,015 |
| Ending Balance | $761,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |