Form 990 for tax year 2022
Filed by FOUNDATION FOR SEMINOLE COUNTY PUBLIC SCHOOLS INC.
Totals
- Total revenue
- $4,493,142
- Total expenses
- $4,854,292
- Contributions and grants received
- $4,261,420
- Grants paid
- $160,336
- Program service revenue
- $0
- Investment income
- $9,587
- Other revenue
- $222,135
- Total assets, end of year
- $6,049,640
- Total liabilities, end of year
- $185,061
- Net assets or fund balances, end of year
- $5,864,579
- Program services expenses (Part IX)
- $4,605,813
- Management and general expenses
- $188,324
- Fundraising expenses
- $60,155
- Program service expenses (Part III)
- $4,605,813
Program services were 94.9% 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.
-
1e · Government grants (contributions)
$1,167,172
-
1f · All other contributions, gifts and grants
$3,094,248
-
1g · Noncash contributions included above
$2,050,177
-
3 · Investment income
total $107,255 · excluded $107,255
-
7a · Gross sales of assets other than inventory
securities $73,858
-
7b · Less cost or other basis and sales expenses
securities $171,526
-
7c · Gain or loss
securities -$97,668
-
7d · Net gain or loss
total -$97,668 · related or exempt -$97,668
-
8a · Fundraising events: gross income
$312,878
-
8b · Fundraising events: direct expenses
$100,564
-
8c · Net income from fundraising events
total $212,314 · excluded $212,314
-
11a · Other revenue: FEE INCOME
total $9,821 · related or exempt $9,821
-
11e · Other revenue, total
$9,821
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $64,629 · program services $64,629
-
2 · Grants to domestic individuals
total $95,707 · program services $95,707
-
7 · Other salaries and wages
total $541,676 · program services $391,063 · management and general $90,458 · fundraising $60,155
-
11c · Fees: accounting
total $24,290 · management and general $24,290
-
17 · Travel
total $3,821 · program services $3,821
-
23 · Insurance
total $2,841 · management and general $2,841
-
24a · Other expenses: PROGRAM SUPPORT
total $4,049,028 · program services $4,049,028
-
24b · Other expenses: DUES
total $23,625 · management and general $23,625
-
24c · Other expenses: OPERATIONS
total $12,047 · program services $1,153 · management and general $10,894
-
24d · Other expenses: BANK CHARGES
total $10,789 · management and general $10,789
-
24e · All other expenses
total $25,839 · program services $412 · management and general $25,427
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,239,792 · end of year $835,218
-
4 · Accounts receivable
beginning of year $31,226 · end of year $112,503
-
9 · Prepaid expenses and deferred charges
end of year $9,444
-
11 · Investments: publicly traded securities
beginning of year $3,429,118 · end of year $3,566,982
-
15 · Other assets
beginning of year $1,298,095 · end of year $1,525,493
-
17 · Accounts payable and accrued expenses
beginning of year $83,791 · end of year $135,961
-
19 · Deferred revenue
beginning of year $9,000 · end of year $49,100
-
27 · Net assets without donor restrictions
beginning of year $663,934 · end of year $688,612
-
28 · Net assets with donor restrictions
beginning of year $5,241,506 · end of year $5,175,967
Mission and programs · 2022
Mission
THE FOUNDATION ENHANCES THE QUALITY OF EDUCATION IN SEMINOLE COUNTY PUBLIC SCHOOLS AND ENSURES THAT TODAY'S STUDENTS BECOME TOMORROW'S SUCCESSDUL, PRODUCTIVE CITIZENS. THE FOUNDATION FOCUSES ON THREE FUNDING INITIATIVES FOR THE SCHOOL DISTRICT: 1) PROGRAMS THAT REMOVE THE BARRIERS THAT KEEP KIDS FROM COMING TO SCHOOL READY TO LEARN 2) PROVIDE RESOUCES IN THE CLASSROOM TO ENHANCE STUDENT PERFORMANCE AND 3) SUPPORT OUR HIGH PERFORMING SCHOOL DISTRICT BY RECOGNIZING AND REWARDING OUR TOP PERFORMING EDUCATORS AND SUPPORT STAFF. SINCE INCEPTION THE FOUNDATION HAS RAISED OVER 40 MILLION TO SUPPORT OUR PUBLIC SCHOOL DISTRICT.
-
TOOLS 4 SEMINOLE SCHOOLS - SECURES DONATED CLASSROOM AND SCHOOL SUPPLIES THROUGHOUT THE SCHOOL YEAR. ALL TEACHERS AT 25 SCHOOLS - ONES WITH 60%+ STUDENTS ON FREE AND REDUCED MEALS - ARE ELIGIBLE TO SHOP MONTHLY. THE REMAINING 45 SCHOOLS ARE ELIGIBLE TO HAVE A DEDICATED REPRESENTATIVE SHOP FOR THE SCHOOL ONCE PER MONTH. APPROXIMATELY 1,996,530 IN PRODUCT WAS DISTRIBUTED TO SCHOOLS IN THE DISTRICT SO THAT STUDENTS COULD START THE YEAR ON THE RIGHT FOOT.
Expenses $1,996,530
-
TAKE STOCK IN CHILDREN: TAKE STOCK IN CHILDREN IS A STATEWIDE SCHOLARSHIP PROGRAM THAT TARGETS STUDENTS WITH A FINANCIAL NEED AND A STRONG DESIRE TO SUCCEED. EACH SPRING, EIGHTH GRADE STUDENTS FROM SEMINOLE COUNTY PUBLIC SCHOOLS ARE INVITED TO APPLY FOR 27 YEAR COLLEGE SCHOLARSHIPS THROUGH THE TAKE STOCK IN CHILDREN PROGRAM.THE PROGRAM BROUGHT IN 27 NEW STUDENTS IN THE 2022-2023 FISCAL YEAR.
Expenses $342,848 · Grants $95,707
-
GRANTS FOR GREAT IDEAS: THE GRANTS FOR GREAT IDEAS PROGRAM ALLOCATES SMALL GRANTS FOR CLASSROOM, SCHOOL OR DISTRICT PROJECTS. THE FUNDAMENTAL PURPOSE OF THIS PROGRAM IS TO PROVIDE THE FUNDING FOR CLASSROOM PROJECTS THAT ARE INNOVATIVE AND ORIGINAL WITH THE OVERALL GOAL OF ENHANCING A STUDENT'S LEARNING EXPERIENCE. APPROXIATELY 62,498 IN GRANTS WERE AWARDED.
Expenses $96,386 · Grants $64,629
-
FAMILIES IN TRANSITION: FAMILIES IN TRANSITION WAS ESTABLISHED TO SERVE THE EDUCATIONAL NEEDS OF CHILDREN IN THE SEMINOLE COUNTY SCHOOL SYSTEM WHO ARE CONSIDERED HOMELESS. THESE STUDENTS "LACK A FIXED, REGULAR AND ADEQUATE RESIDENCE; OR HAVE A PRIMARY NIGHTTIME RESIDENCE THAT IS TEMPORARY IN NATURE; OR IS A PLACE NOT DESIGNED OR USED ORIGINALLY AS A REGULAR SLEEPING ACCOMODATION FOR HUMAN BEINGS." A SCHOOL LIASON HAS BEEN ASSIGNED TO WORK WITH THE DISTRICT'S ELEMENTARY AND SECONDARY SCHOOL, AS WELL AS THE COMMUNITY, AGENCIES AND SHELTERS IN IDENTIFYING HOMELESS FAMILIES WITH SCHOOL-AGE CHILDREN. CONTACT WITH THE FAMILY AND SCHOOL IS MADE AND COMMUNICATION IS ESTABLISHED WITH THE STUDENT'S SCHOOL, AS WELL. OTHER INCLUDES MANY MINI-GRANTS AND PROGRAMS WHICH PROVIDE EDUCATORS AS WELL AS STUDENTS WITH SCHOLARSHIPS FOR FURTHER EDUCATION.
Expenses $2,170,049
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jean VansmithJEAN VANSMITH
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 40
-
Tara ChristensenTARA CHRISTENSEN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kristine KrausKRISTINE KRAUS
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Sharon ArroyoSHARON ARROYO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John AshworthJOHN ASHWORTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Serita BeamonSERITA BEAMON
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Maggie BonkoMAGGIE BONKO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg BrannonGREG BRANNON
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Rick Bundy JrRICK BUNDY JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Prasad ChittaluruPRASAD CHITTALURU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicole CrockerNICOLE CROCKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darren CunninghamDARREN CUNNINGHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tanya EasterlingTANYA EASTERLING
IMMEDIATE PA
- Total calculated
- $0
- Hours/week
- 1
-
Anthony HallANTHONY HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian LucBRIAN LUC
VP OF DEVELO
- Total calculated
- $0
- Hours/week
- 1
-
Scott MacaioneSCOTT MACAIONE
VP OF FINANC
- Total calculated
- $0
- Hours/week
- 1
-
Holton MillsHOLTON MILLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Katie MurphyKATIE MURPHY
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Jay PettusJAY PETTUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dede SchaffnerDEDE SCHAFFNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan SmithDAN SMITH
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Beth SmithBETH SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David SprinkleDAVID SPRINKLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shane WolfeSHANE WOLFE
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333189349311808
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