Claremore Public Schools Foundation Inc
- Assets
- $2.3m
- Revenue
- $269.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Claremore, OK
- Founding
- 04/1989
- Data as of
- 09/2022
- EIN
- 73-1332426
Organization Overview
Claremore Public Schools Foundation Inc is located in Claremore, OK. The organization was established in 1989. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Claremore 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 09/2022, Claremore Public Schools Foundation Inc generated $269.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $145.4k during the year ending 09/2022. While expenses have increased by 2.1% 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.
Since 2018, Claremore Public Schools Foundation Inc has awarded 26 individual grants totaling $311,896. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST THE CLAREMORE PUBLIC SCHOOLS IN IMPROVING THE QUALITY OF EDUCATION IN THE DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST IN IMPROVING THE QUALITY OF EDUCATION IN THE CLAREMORE PUBLIC SCHOOLS DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shanna O'shields Executive Director | OfficerTrustee | 40 | $41,042 |
Aubree Pixley Vice President | OfficerTrustee | 1 | $0 |
Dallas Stokes Secretary | OfficerTrustee | 1 | $0 |
Misty Choat Secretary | OfficerTrustee | 1 | $0 |
Josh Davis Treasurer | OfficerTrustee | 1 | $0 |
Grant Gingerich President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $141,936 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,037 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $194,973 |
| Total Program Service Revenue | $0 |
| Investment income | $80,301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,983 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $269,291 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,757 |
| 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 | $41,042 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $108 |
| Office expenses | $2,972 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $600 |
| Travel | $1,046 |
| 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 | $801 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,754 |
| All other expenses | $615 |
| Total functional expenses | $145,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,996 |
| Savings and temporary cash investments | $2,079,506 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,342,502 |
| Accounts payable and accrued expenses | $957 |
| 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 | $957 |
| Net assets without donor restrictions | $1,878,227 |
| Net assets with donor restrictions | $463,318 |
| 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 | $2,342,502 |
Grants Awarded
Over the last fiscal year, Claremore Public Schools Foundation Inc has awarded $54,090 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CLAREMORE HIGH SCHOOL PURPOSE: Educational needs | $15,397 |
OKLAHOMA STATE UNIVERSITY PURPOSE: Educational needs | $13,000 |
ROOSA ELEMENTARY SCHOOL PURPOSE: Educational needs | $8,693 |
UNIVERSITY OF CENTRAL OKLAHOMA PURPOSE: Educational needs | $6,000 |
UNIVERSITY OF ARKANSAS PURPOSE: Educational needs | $6,000 |
ORAL ROBERTS UNIVERSITY PURPOSE: Educational needs | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Claremore Public Schools Foundation Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $7,500 |
Endowment Analysis
| Beg. Balance | $690,768 |
| Ending Balance | $690,768 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Kinkaid School Inc Houston, TX | $122,042,370 | $52,090,713 |
St Johns School Houston, TX | $423,318,238 | $58,605,665 |
Hockaday School Dallas, TX | $327,432,445 | $61,281,462 |
Trinity Basin Preparatory Inc Grand Prairie, TX | $147,305,445 | $57,426,553 |
Greenhill School Addison, TX | $147,490,301 | $53,613,950 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
St Marks School Of Texas Dallas, TX | $307,638,954 | $39,530,532 |
Tlc Academy San Angelo, TX | $61,295,304 | $42,259,776 |
Episcopal School Of Dallas Inc Dallas, TX | $115,874,541 | $40,283,303 |
John Cooper School The Woodlands, TX | $108,804,128 | $40,380,579 |