Niswonger Foundation
- Assets
- $22.4m
- Revenue
- $9.1m
- Investments
- $14.3m
- Employees
- 0
- Location
- Greeneville, TN
- Founding
- 05/2002
- Data as of
- 06/2021
- EIN
- 62-1871605
Organization Overview
Niswonger Foundation is located in Greeneville, TN. The organization was established in 2002. According to its NTEE Classification (B21) the organization is classified as: Preschools, 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. Niswonger 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, Niswonger Foundation generated $9.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $5.7m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Niswonger Foundation has awarded 49 individual grants totaling $135,188. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RURAL LIFE (LITERACY INITIATIVE FOCUSED ON EFFECTIVENESS). THE PURPOSE IS TO VALIDATE THE USE OF PERSONALIZED LEARNING STRATEGIES, WITH THE GOAL OF FOCUSING ON LITERACY TO IMPROVE ACADEMIC ACHIEVEMENT FOR STUDENTS IN GRADES SIX THROUGH EIGHT. RURAL LIFE USES THE STRATEGY OF DEPLOYING TECHNOLOGY-ENABLED LITERACY-FOCUSED PERSONALIZED LEARNING. PARTICIPATING SCHOOLS WILL IDENTIFY SPECIFIC TECHNOLOGY NEEDS AS PART OF THEIR LEARNING MODEL.
THE SCHOLARSHIP PROGRAM PROVIDES UP TO A FULL ACADEMICSCHOLARSHIP TO THE COLLEGE OR UNIVERSITY OF THE RECIPIENT'SCHOICE. FOR THE FISCAL YEAR ENDED JUNE 30, 2021, THEFOUNDATION PROVIDED TUITION AND OTHER EDUCATIONAL FEEASSISTANCE FOR MANY SCHOLARS.
CAREERCONNECT IS A WORKFORCE READINESS AND CAREER EXPLORATION INITIATIVE FOR 10TH - 12TH GRADERS. THIS THREE-YEAR PROGRAM, IN PARTNERSHIP WITH GREENE COUNTY AND GREENEVILLE CITY SCHOOLS AND LOCAL INDUSTRY, IS DESIGNED TO PROVIDE STUDENTS THE OPPORTUNITY TO EXPLORE CAREER PATHS, DEVELOP "SOFT" SKILLS, EARN WORKFORCE READINESS CREDENTIALS, AND GAIN REAL-WORLD WORK EXPERIENCE.
THE NISWONGERCARE (COLLEGE ACCESS REACHES EVERYONE) PROGRAM WAS INITIATED FOR THE 2015-2016 SCHOOL YEAR. THIS PROGRAM SERVES 30 HIGH SCHOOLS IN THE NISWONGER CONSORTIUM OF SCHOOL SYSTEMS AND IMPACTS NEARLY 30,000 HIGH SCHOOL STUDENTS. THE NISWONGERCARE PROGRAM COMBINES THE SKILLS GAINED IN THE I3 GRANT PROJECT WITH ELEMENTS OF A MODEL USED BY COLLEGE ADVISING CORP. WITH THIS MODEL, THE NISWONGER FOUNDATION SUPPORTS AND ENHANCES THE IMPORTANT WORK ALREADY BEING ACCOMPLISHED BY THE REGION'S HIGH SCHOOL COUNSELORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Nancy L Dishner President & Ceo, Board Mem | 40 | $130,000 | |
Robin Shepherd Chief Financial Offi | 40 | $120,000 | |
Richard Kitzmiller Vp, Director Of Prog | 40 | $111,500 | |
Richard W Bales Project Diector | 40 | $85,812 | |
Kathy O'dell Treasurer | 1 | $81,761 | |
Bethany R Fillers Director Of Professi | 40 | $73,562 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,440,784 |
| Interest on Savings | $0 |
| Dividends & Interest | $422,764 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,307,051 |
| Capital Gain Net Income | $1,307,051 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $937,894 |
| Total Revenue | $9,108,493 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $463,867 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $167,278 |
| Interest | $56,008 |
| Taxes | $28,062 |
| Depreciation | $167,908 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,783 |
| Printing and publications | $0 |
| Other expenses | $4,732,595 |
| Total operating and administrative expenses | $5,742,585 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,742,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,637 |
| Savings and temporary cash investments | $1,628,304 |
| Net Accounts receivable | $65,367 |
| Net Pledges Receivable | $0 |
| Grants receivable | $521,351 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $19,590 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,888,280 |
| Net Land, buildings, and equipment | $5,806,117 |
| Other assets | $101,861 |
| Total assets | $22,434,674 |
| Accounts payable and accrued expenses | $192,291 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,136,826 |
| Mortgages and other notes payable | $3,781,130 |
| Other liabilities | $178,036 |
| Total liabilities | $5,288,283 |
Grants Awarded
Over the last fiscal year, Niswonger Foundation has awarded $54,944 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Kingsport, TN PURPOSE: GRANT FOR KID'S BACKPACK PROGRAM | $13,000 |
Kingsport, TN PURPOSE: GRANT FOR KID'S BACKPACK PROGRAM | $13,000 |
ANDREW JOHNSON HERITAGE ASSOCIATION PURPOSE: GRANT FOR SUMMER YOUTH PROGRAM. | $5,350 |
ANDREW JOHNSON HERITAGE ASSOCIATION PURPOSE: GRANT FOR SUMMER YOUTH PROGRAM. | $5,350 |
Greeneville, TN PURPOSE: TEACHER SUPPLY DEPOT SPONSOR; YOUTH PROGRAMS SUPPORT; KEEP GREENE BEAUTIFUL CAMP SPOTS | $2,750 |
Greeneville, TN PURPOSE: TEACHER SUPPLY DEPOT SPONSOR; YOUTH PROGRAMS SUPPORT; KEEP GREENE BEAUTIFUL CAMP SPOTS | $2,750 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Niswonger Foundation has recieved totaling $845,049.
| Awarding Organization | Amount |
|---|---|
New Teacher Center Santa Cruz, CA PURPOSE: TO INCREASE TEACHER EFFECTIVENESS AND STUDENT OUTCOMES BY PROVIDING INSTRUCTIONAL COACHING IN THE SCHOOL BOARD OF MIAMI-DADE COUNTY, FL. | $832,349 |
Delta Dental Of Tennessee Nashville, TN PURPOSE: DONATION TO THE GENERAL FUND | $12,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Washington County Opportunities Inc Greenville, MS | $2,892,910 | $12,059,595 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |
The New School Fayetteville, AR | $39,755,955 | $6,395,577 |
Smart Start Of Forsyth County Winston Salem, NC | $369,779 | $8,124,286 |
Caldwell Academy Greensboro, NC | $20,742,733 | $8,088,099 |