Form 990 for tax year 2022
Filed by SHEBOYGAN PUBLIC EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $315,310
- Total expenses
- $364,287
- Contributions and grants received
- $184,588
- Grants paid
- $202,616
- Program service revenue
- $0
- Investment income
- $133,096
- Other revenue
- -$2,374
- Total assets, end of year
- $5,748,774
- Total liabilities, end of year
- $910,861
- Net assets or fund balances, end of year
- $4,837,913
- Program services expenses (Part IX)
- $210,539
- Management and general expenses
- $136,475
- Fundraising expenses
- $17,273
- Program service expenses (Part III)
- $210,539
Program services were 57.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$25,347
-
1f · All other contributions, gifts and grants
$159,241
-
1g · Noncash contributions included above
$13,727
-
3 · Investment income
total $139,964 · excluded $139,964
-
7a · Gross sales of assets other than inventory
securities $1,660,744
-
7b · Less cost or other basis and sales expenses
securities $1,667,612
-
7c · Gain or loss
securities -$6,868
-
7d · Net gain or loss
total -$6,868 · excluded -$6,868
-
8a · Fundraising events: gross income
$20,930
-
8a · Fundraising events: contributions included on line 1c
$25,347
-
8b · Fundraising events: direct expenses
$23,304
-
8c · Net income from fundraising events
total -$2,374 · excluded -$2,374
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $101,016 · program services $101,016
-
2 · Grants to domestic individuals
total $101,600 · program services $101,600
-
7 · Other salaries and wages
total $59,995 · program services $6,000 · management and general $41,997 · fundraising $11,998
-
10 · Payroll taxes
total $4,590 · program services $459 · management and general $3,213 · fundraising $918
-
11c · Fees: accounting
total $7,400 · management and general $7,400
-
11f · Fees: investment management
total $72,883 · management and general $72,883
-
13 · Office expenses
total $3,793 · program services $527 · management and general $3,048 · fundraising $218
-
14 · Information technology
total $7,260 · program services $726 · management and general $5,082 · fundraising $1,452
-
16 · Occupancy
total $1,100 · fundraising $1,100
-
22 · Depreciation, depletion and amortization
total $464 · program services $93 · management and general $93 · fundraising $278
-
23 · Insurance
total $1,813 · management and general $1,813
-
24a · Other expenses: SOLICITATION EXPENSE
total $1,191 · fundraising $1,191
-
24e · All other expenses
total $1,182 · program services $118 · management and general $946 · fundraising $118
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $6,517 · end of year $5,524
-
3 · Pledges and grants receivable
beginning of year $2,554 · end of year $8,654
-
4 · Accounts receivable
beginning of year $9,600 · end of year $2,053
-
9 · Prepaid expenses and deferred charges
beginning of year $1,878 · end of year $1,878
-
10a · Land, buildings and equipment: cost or other basis
$28,943
-
10b · Land, buildings and equipment: accumulated depreciation
$25,597
-
10c · Land, buildings and equipment, net
beginning of year $1,591 · end of year $3,346
-
11 · Investments: publicly traded securities
beginning of year $4,971,232 · end of year $5,081,405
-
12 · Investments: other securities
beginning of year $551,237 · end of year $645,914
-
17 · Accounts payable and accrued expenses
beginning of year $890,079 · end of year $910,005
-
18 · Grants payable
beginning of year $856 · end of year $856
-
27 · Net assets without donor restrictions
beginning of year $1,934,423 · end of year $1,996,866
-
28 · Net assets with donor restrictions
beginning of year $2,719,251 · end of year $2,841,047
Mission and programs · 2022
Mission
SPEF WILL RAISE CONTRIBUTIONS TO ENHANCE OUR STUDENTS' EDUCATIONAL OPPORTUNITIES BY SUPPORTING HIGH QUALITY FACILITIES AND PROGRAMS, NOT SUPPORTED BY THE BUDGET.
Activities or mission (Part I)
TO ENHANCE STUDENTS' EDUCATIONAL OPPORTUNITIES BY SUPPORTING HIGH QUALITY FACILITIES AND PROGRAMS.
-
THE ORGANIZATION GAVE BACK OVER $83000 TO THE SCHOOLS IN GRANT REQUESTS THIS YEAR AND CURRENTLY ADMINISTERS 54 SCHOLARSHIP FUNDS WHICH BENEFIT THE STUDENTS OF THE SASD. SPEF CONTINUES TO SUPPORT A MID YEAR SCHOOL SUPPLY DONATION FOR ALL SCHOOLS AS WELL AS ANY HUMANITARIAN NEEDS WHICH COME UP DURING THE YEAR.
Expenses $210,539 · Grants $202,616
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kurt KoberKURT KOBER
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Wayne KolzowWAYNE KOLZOW
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jerry JonesJERRY JONES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Chris ConwayCHRIS CONWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian VerseyBRIAN VERSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laurie Van VeghelLAURIE VAN VEGHEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer ScapellatoJENNIFER SCAPELLATO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David FreitagDAVID FREITAG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike MartinMIKE MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tina BrunmeierTINA BRUNMEIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sheli MoerchenSHELI MOERCHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig MazzaCRAIG MAZZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Roxanne PaulsROXANNE PAULS
CO-EXECUTIVE DIRECTOR
- Total calculated
- $29,696
- From this org
- $29,696
- From related orgs
- $0
- Other
- $0
- Hours/week
- 25
-
Terry ShircelTERRY SHIRCEL
CO-EXECUTIVE DIRECTOR
- Total calculated
- $27,799
- From this org
- $27,799
- From related orgs
- $0
- Other
- $0
- Hours/week
- 25
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
SHEBOYGAN AREA SCHOOL DISTRICT
$101,016
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420589349300047
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