Form 990 for tax year 2024
Filed by ISD NO 197 EDUCATIONAL FOUNDATION.
Totals
- Total revenue
- $99,971
- Total expenses
- $80,845
- Contributions and grants received
- $50,863
- Grants paid
- $76,030
- Program service revenue
- $0
- Investment income
- $4,892
- Other revenue
- $44,216
- Total assets, end of year
- $371,320
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $371,320
- Program services expenses (Part IX)
- $76,467
- Management and general expenses
- $4,378
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $76,467
Program services were 94.6% 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.
-
1f · All other contributions, gifts and grants
$50,863
-
3 · Investment income
total $4,892 · excluded $4,892
-
8a · Fundraising events: gross income
$43,224
-
8b · Fundraising events: direct expenses
$6,108
-
8c · Net income from fundraising events
total $37,116
-
9a · Gaming: gross income
$12,005
-
9b · Gaming: direct expenses
$4,905
-
9c · Net income from gaming
total $7,100 · excluded $7,100
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $76,030 · program services $76,030
-
11c · Fees: accounting
total $4,174 · management and general $4,174
-
13 · Office expenses
total $408 · program services $204 · management and general $204
-
24a · Other expenses: MISCELLANEOUS
total $233 · program services $233
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $31,738 · end of year $27,833
-
2 · Savings and temporary cash investments
beginning of year $298,837 · end of year $160,447
-
11 · Investments: publicly traded securities
end of year $183,040
-
27 · Net assets without donor restrictions
beginning of year $330,575 · end of year $371,320
Mission and programs · 2024
Mission
TO SUPPORT ACADEMIC OPPORTUNITIES FOR STUDENTS FROM EARLY LEARNING PROGRAMS TO GRADE 12 THROUGH SUPPLEMENTAL FUNDING.
-
WE PROVIDE GRANTS TO SUPPORT TWO MIDDLE SCHOOLS (GRADES 5-8) WITH 35 DIGITAL PENCILS FOR USE IN REACHING NEW MEDIA ART REQUIREMENTS SET BY THE MINNESOTA DEPARTMENT OF EDUCATION STANDARDS. WE PROVIDE GRANTS TO SUPPORT PRE-KINDERGARTEN STUDENTS (AGE 3-5) WITH A VISION SCREENING SYSTEM. WE PROVIDE GRANTS TO UPDATE THE MORELAND ARTS AND HEALTH SCIENCES MAGNET SCHOOL'S LIBRARY AND BY PURCHASING NEW BOOKS, WHICH HAS SIGNIFICANTLY INCREASED UTILIZATION OF THE LIBRARY.
Expenses $76,467 · Grants $76,030
As filed on the 2024 return.
Listed in Part VII
-
Heather AshleyHEATHER ASHLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven AshleySTEVEN ASHLEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Gregg CummingsGREGG CUMMINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lucas KanavatiLUCAS KANAVATI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kendra KlemmeKENDRA KLEMME
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth MoranELIZABETH MORAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erin MunsonERIN MUNSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Laurie TostrudLAURIE TOSTRUD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Scott VanSCOTT VAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dean VerdoesDEAN VERDOES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
-
W ST PAUL-MENDOTA HEIGHTS EAGAN AREA SCHOOLS (DIS 197)
$76,030
PROGRAM SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 April 2025
- IRS schema version
- 2024v5.0
- Source object
- 202541279349303229
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.