Olathe Public Schools Foundation
- Assets
- $4.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Olathe, KS
- Founding
- 09/2003
- Data as of
- 06/2021
- EIN
- 48-1190090
Organization Overview
Olathe Public Schools Foundation is located in Olathe, KS. The organization was established in 2003. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Olathe Public Schools 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, Olathe Public Schools Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Olathe Public Schools Foundation has awarded 12 individual grants totaling $2,520,044. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE OLATHE PUBLIC SCHOOLS FOUNDATION, FOUNDED IN 1997, IS A NON-PROFIT, VOLUNTEER-BASED ORGANIZATION PROVIDING GRANTS, SCHOLARSHIPS AND RECOGNITIONS FOR THE TEACHERS AND STUDENTS OF THE OLATHE SCHOOL DISTRICT. THE FOUNDATION BRINGS STUDENTS, PARENTS, ALUMNI, SMALL BUSINESSES AND CORPORATIONS TOGETHER TO CREATE OPPORTUNITIES TO SUPPORT CONTINUED EXCELLENCE IN OLATHE SCHOOLS. THE FOUNDATION WORKS TO BUILD SUPPORTIVE RELATIONSHIPS BETWEEN OUR SCHOOLS AND THE BUSINESS COMMUNITY THROUGH MANY COOPERATIVE EVENTS AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPSF FACILITATES THE AWARDING OF 50 NAMED SCHOLARSHIPS TO GRADUATING OLATHE SENIOR STUDENTS. THE SOURCES OF FUNDS FOR THESE SCHOLARSHIPS RUN THE GAMUT FROM ENDOWED FUNDS FROM ESTATE GIFTS, TO ANNUAL SUPPORT DONATIONS FROM ALUMNI GROUPS AND GRATEFUL FAMILIES.
WITH 29% OF STUDENTS IN OLATHE LIVING AT OR BELOW THE POVERTY LINE, THE OLATHE PUBLIC SCHOOLS FOUNDATION FOCUSES SIGNIFICANT EFFORTS ON SUPPORTING THEIR UNIQUE NEEDS. THROUGH THE FOLLOWING FUNDS, THE OSPF ENSURES THAT EVERY STUDENT HAS WHAT THEY NEED TO BE IN CLASS, READY TO LEARN: STUDENT HEALTH EMERGENCY FUND, WIMMER STUDENT CARE FUND, SCHOOL SUPPLY PROGRAM, HOMELESS OUTREACH FUND, FAMILIES IN NEED (MEALS) FUND, BACKSNACK FOOD PROGRAM (WEEKEND MEALS), MUFFIN FUND (SCHOOL BREAK MEALS); AND COLLEGE NOW (CREDIT EARNED WHILE STILL IN HIGH SCHOOL) SCHOLARSHIPS THROUGH THE A.L.L. FUND.
OLATHE STUDENTS BENEFIT WHEN THEIR TEACHERS APPLY FOR OPSF CLASSROOM GRANTS. THEIR INNOVATIVE IDEAS PAVE THE WAY FOR LEARNING EXCELLENCE. TEACHERS IDENTIFY WAYS THEY CAN HELP STUDENTS LEARN AND GROW INCLUDING DECODABLE READERS TO HELP STRUGGLING READERS, IPADS TO SUPPORT SPECIAL NEEDS STUDENTS WITH ACCESS TO MUSIC THERAPY, ENHANCING THE ELEMENTARY MUSIC CURRICULUM WITH THE ADDITION OF TUBANO DRUMS, ROBOTICS KITS TO HELP MIDDLE SCHOOL STUDENTS MEET THE ROBOTICS CHALLENGE, TECHNOLOGY TO SUPPORT 21ST CENTURY ACADEMIES, AND SCOOTERS TO ENHANCE THE ELEMENTARY P.E. CURRICULUM.
OTHER PROGRAMS INCLUDING:TEACHER AND STAFF PROGRAMSSTUDENTS AND PARENTS PROGRAMSCOMMUNITY AND BUSINESS PARTNER PROGRAMSFOUNDATION PROGRAMS
THE OPSF FACILITATES THE AWARDING OF 50 NAMED SCHOLARSHIPS TO GRADUATING OLATHE SENIOR STUDENTS. THE SOURCES OF FUNDS FOR THESE SCHOLARSHIPS RUN THE GAMUT FROM ENDOWED FUNDS FROM ESTATE GIFTS, TO ANNUAL SUPPORT DONATIONS FROM ALUMNI GROUPS AND GRATEFUL FAMILIES.
WITH 29% OF STUDENTS IN OLATHE LIVING AT OR BELOW THE POVERTY LINE, THE OLATHE PUBLIC SCHOOLS FOUNDATION FOCUSES SIGNIFICANT EFFORTS ON SUPPORTING THEIR UNIQUE NEEDS. THROUGH THE FOLLOWING FUNDS, THE OSPF ENSURES THAT EVERY STUDENT HAS WHAT THEY NEED TO BE IN CLASS, READY TO LEARN: STUDENT HEALTH EMERGENCY FUND, WIMMER STUDENT CARE FUND, SCHOOL SUPPLY PROGRAM, HOMELESS OUTREACH FUND, FAMILIES IN NEED (MEALS) FUND, BACKSNACK FOOD PROGRAM (WEEKEND MEALS), MUFFIN FUND (SCHOOL BREAK MEALS); AND COLLEGE NOW (CREDIT EARNED WHILE STILL IN HIGH SCHOOL) SCHOLARSHIPS THROUGH THE A.L.L. FUND.
OLATHE STUDENTS BENEFIT WHEN THEIR TEACHERS APPLY FOR OPSF CLASSROOM GRANTS. THEIR INNOVATIVE IDEAS PAVE THE WAY FOR LEARNING EXCELLENCE. TEACHERS IDENTIFY WAYS THEY CAN HELP STUDENTS LEARN AND GROW INCLUDING DECODABLE READERS TO HELP STRUGGLING READERS, IPADS TO SUPPORT SPECIAL NEEDS STUDENTS WITH ACCESS TO MUSIC THERAPY, ENHANCING THE ELEMENTARY MUSIC CURRICULUM WITH THE ADDITION OF TUBANO DRUMS, ROBOTICS KITS TO HELP MIDDLE SCHOOL STUDENTS MEET THE ROBOTICS CHALLENGE, TECHNOLOGY TO SUPPORT 21ST CENTURY ACADEMIES, AND SCOOTERS TO ENHANCE THE ELEMENTARY P.E. CURRICULUM.
OTHER PROGRAMS INCLUDING:TEACHER AND STAFF PROGRAMSSTUDENTS AND PARENTS PROGRAMSCOMMUNITY AND BUSINESS PARTNER PROGRAMSFOUNDATION PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Dahl Board Member / President | OfficerTrustee | 4 | $0 |
Matt Stromberg Board Member / Treasurer | OfficerTrustee | 1 | $0 |
Theresa Stoker Board Member / Secretary | OfficerTrustee | 4 | $0 |
Jerry Barrios Board Member / Vice President | OfficerTrustee | 4 | $0 |
Todd Ramsey Board Member / Immediate Past President | OfficerTrustee | 4 | $0 |
Brian Geary Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $261,358 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $531,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $792,767 |
| Total Program Service Revenue | $0 |
| Investment income | $320,519 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $398,823 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,512,109 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $590,510 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $167,637 |
| 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 | $14,667 |
| Fees for services: Other | $27,678 |
| Advertising and promotion | $2,915 |
| Office expenses | $12,236 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $811 |
| Conferences, conventions, and meetings | $151 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,103,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,991 |
| Savings and temporary cash investments | $500,292 |
| Pledges and grants receivable | $2,000 |
| 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 | $4,061,069 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,766,352 |
| Accounts payable and accrued expenses | $53,978 |
| Grants payable | $151,125 |
| Deferred revenue | $17,020 |
| 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 | $222,123 |
| Net assets without donor restrictions | $1,378,244 |
| Net assets with donor restrictions | $3,165,985 |
| 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 | $4,766,352 |
Grants Awarded
Over the last fiscal year, Olathe Public Schools Foundation has awarded $1,085,720 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Olathe, KS PURPOSE: VARIOUS | $520,760 |
Olathe, KS PURPOSE: VARIOUS | $520,760 |
EPI PURPOSE: VARIOUS | $10,974 |
EPI PURPOSE: VARIOUS | $10,974 |
ROONGA INC PURPOSE: VARIOUS | $6,126 |
ROONGA INC PURPOSE: VARIOUS | $6,126 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Olathe Public Schools Foundation has recieved totaling $176,541.
| Awarding Organization | Amount |
|---|---|
Olathe Medical Center Inc Olathe, KS PURPOSE: COMMUNITY WELLNESS | $70,000 |
Clay Blair Foundation Lenexa, KS PURPOSE: CHARITABLE CONTRIBUTION | $50,000 |
Barton P Cohen And Mary Davidson Cohen Charitable Fund Part One Overland Park, KS PURPOSE: EDUCATION | $21,898 |
Servant Foundation Overland Park, KS PURPOSE: EDUCATION | $13,000 |
R A Long Foundation Kansas City, MO PURPOSE: ORGANIZATIONS PURPOSE | $10,000 |
Arvest Foundation Bentonville, AR PURPOSE: TO SUPPORT THE OLATHE LEADERSHIP LOWRIDER BIKE CLUB WHICH PROVIDES MENTORSHIP AND ENCOURAGES STUDENTS TO MAINTAIN PERSONAL IDENTITIES WHILE REMOVING NEGATIVE ACTIVITIES. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Littleton Public Schools Parent Teacher Organization Littleton, CO | $1,350,891 | $1,013,347 |
Olathe Public Schools Foundation Olathe, KS | $4,766,352 | $1,512,109 |
Colorado Statewide Parent Coalition Westminster, CO | $892,442 | $1,646,837 |
Boy Scouts Of America Pueblo, CO | $1,491,670 | $463,116 |
Lincoln Literacy Council Lincoln, NE | $778,985 | $758,713 |
Pta Colorado Congress Denver, CO | $508,292 | $503,936 |
Cherry Creek School District Parent Teacher Community Council Inc Cherry Hills Village, CO | $469,367 | $536,708 |
Pta Colorado Congress Denver, CO | $318,439 | $469,491 |
Parent Teacher Organization Of Goddard Goddard, KS | $207,620 | $344,124 |
Pta Colorado Congress Denver, CO | $217,439 | $292,007 |
Eagle County Charter Academy Education Foundation Edwards, CO | $293,591 | $257,287 |
Pta Missouri Congress Kansas City, MO | $238,867 | $234,020 |