Putnam City Public Schools Foundation
- Assets
- $1.1m
- Revenue
- $442.5k
- Investments
- $322.6k
- Employees
- 3
- Location
- Oklahoma City, OK
- Founding
- 02/1988
- Data as of
- 06/2022
- EIN
- 73-1309115
Organization Overview
Putnam City Public Schools Foundation is located in Oklahoma City, OK. The organization was established in 1988. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Putnam City Public Schools Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Putnam City 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 06/2022, Putnam City Public Schools Foundation generated $442.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $375.5k during the year ending 06/2022. While expenses have increased by 7.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENABLING FOURTH AND FIFTH GRADERS TO DEVELOP PROBLEM-SOLVING SKILLS, HELPING NON-ENGLISH SPEAKING PARENTS IMPROVE THEIR ENGLISH FLUENCY, TEACHING PARENTS HOW TO BE THEIR CHILD'S FIRST TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE 3,900 FOURTH AND FIFTH-GRADERS WITH THE OPPORTUNITY TO EXPLORE STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH) THROUGH ACTIVITIES. STUDENTS DEVELOP THEIR NATURAL CREATIVITY AND PROBLEM SOLVING SKILLS BY APPLYING CONCEPTS THEY LEARN IN SCIENCE AND MATH TO REAL-WORLD APPLICATIONS OF ENGINEERING AND TECHNOLOGY. THEY LEARN HOW TO WORK IN SMALL GROUPS AND TO THINK CRITICALLY TO SOLVE PROBLEMS. THE STUDENTS PARTICIPATE IN HANDS-ON LEARNING EXPERIENCES THAT WILL EMPOWER THEM TO ENTER THE FIELDS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH.
THE FOUNDATION WORKS TO RECOGNIZE AND ASSIST TEACHERS AND STUDENTS THROUGH A VARIETY OF METHODS, INCLUDING TEACHER OF THE YEAR, GOLDEN APPLE AWARDS FOR STAFF, SCHOLARSHIPS FOR STAFF AND STUDENTS AS WELL AS SUPPORTING STUDENTS WITH BASIC NEEDS LIKE EYE GLASSES.
IMMIGRANT PARENTS RECEIVE INSTRUCTION IN SPEAKING, LISTENING, READING AND WRITING ENGLISH TO ENABLE THEM TO OVERCOME THE LANGUAGE BARRIER. PARENTS RECEIVE 215 HOURS OF LITERACY INSTRUCTION EACH YEAR IN CLASSES THAT MEET TWO NIGHTS EACH WEAK THROUGHOUT THE SCHOOL YEAR. TUTORING CLASSES FOR SCHOOL-AGE CHILDREN AND CHILD ACTIVITY CLASSES ARE OFFERED DURING THE CLASS TIMES. 105 PARENTS PARTICIPATE ANNUALLY. FOUR LEVELS OF CLASSES ARE AVAILABLE AND PRE-AND POST-EVALUATIONS ARE PROVIDED TO ENSURE THE PARENTS ARE IN THE APPROPRIATE CLASS FOR THEIR SKILL LEVEL.
PARENTS LEARN HOW TO TEACH THEIR PRESCHOOL CHILDREN LANGUAGE, MATH AND REASONING, AND SOCIAL AND EMOTIONAL SKILLS BEFORE THEY ENTER KINDERGARTEN. DURING THE CURRENT YEAR APPROXIMATELY 1,800 PARENTS AND CAREGVIERS PARTICIPATED IN THIS PROGRAM. ALL CLASSES ARE CONDUCTED IN ENGLISH AND SPANISH. ALL PARTICIPANTS RECEIVE A PARENT KIT THAT CONTAINS AGE APPROPRIATE TOYS, BOOKS, PUZZLES, AND TOOLS. IN THE CLASSES THE PARENTS LEARN HOW TO USE THE MATERIALS AT HOME. UTILIZING THE LITERACY KIT THE PARENTS ARE ENCOURAGED TO SPEND 30 MINUTES EACH DAY WITH THEIR CHILD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Seal Prior Presid | OfficerTrustee | 40 | $64,165 |
Roger Cude Director | Trustee | 2 | $0 |
Lawrence Fugett Director | Trustee | 1 | $0 |
Laura Garrett Director | Trustee | 1 | $0 |
Paul Hurst Chair | OfficerTrustee | 2 | $0 |
Patrick Ivey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $57,285 |
| Related organizations | $0 |
| Government grants | $27,947 |
| All other contributions, gifts, grants, and similar amounts not included above | $280,158 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $365,390 |
| Total Program Service Revenue | $0 |
| Investment income | $8,124 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,376 |
| Net Income from Fundraising Events | $24,477 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $442,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $64,165 |
| Compensation of current officers, directors, key employees. | $9,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,222 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,297 |
| Payroll taxes | $8,934 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $320 |
| Advertising and promotion | $772 |
| Office expenses | $9,381 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,883 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $910 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,173 |
| All other expenses | $4,075 |
| Total functional expenses | $375,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,070 |
| 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 | $0 |
| Investments—other securities | $322,630 |
| Investments—program-related | $609,472 |
| Intangible assets | $0 |
| Other assets | $2,313 |
| Total assets | $1,077,937 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $165,625 |
| Net assets with donor restrictions | $912,312 |
| 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 | $1,077,937 |