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Nonprofiteer
← COUNCIL BLUFFS SCHOOLS FOUNDATION INC

Form 990 for tax year 2022

Filed by COUNCIL BLUFFS SCHOOLS FOUNDATION INC.

Totals

Total revenue
$3,576,307
Total expenses
$6,969,710
Contributions and grants received
$1,920,731
Grants paid
$413,630
Program service revenue
$1,484,238
Investment income
$125,267
Other revenue
$46,071
Total assets, end of year
$6,068,565
Total liabilities, end of year
$230,462
Net assets or fund balances, end of year
$5,838,103
Program services expenses (Part IX)
$6,275,544
Management and general expenses
$466,689
Fundraising expenses
$227,477
Program service expenses (Part III)
$6,275,544

Program services were 90.0% 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)

    $605,674

  • 1f · All other contributions, gifts and grants

    $1,315,057

  • 2a · Program service revenue: PARENT PAY

    total $991,191 · related or exempt $991,191

  • 2b · Program service revenue: FEES FROM GOVERNMENT

    total $493,047 · related or exempt $493,047

  • 3 · Investment income

    total $57,021 · excluded $57,021

  • 7a · Gross sales of assets other than inventory

    securities $502,273

  • 7b · Less cost or other basis and sales expenses

    securities $434,027

  • 7c · Gain or loss

    securities $68,246

  • 7d · Net gain or loss

    total $68,246 · excluded $68,246

  • 8a · Fundraising events: gross income

    $70,662

  • 8b · Fundraising events: direct expenses

    $35,578

  • 8c · Net income from fundraising events

    total $35,084 · excluded $35,084

  • 11a · Other revenue: OTHER INCOME

    total $10,987 · related or exempt $10,987

  • 11e · Other revenue, total

    $10,987

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $108,397 · program services $108,397

  • 2 · Grants to domestic individuals

    total $305,233 · program services $305,233

  • 5 · Compensation of officers, directors and key employees

    total $115,360 · management and general $115,360

  • 7 · Other salaries and wages

    total $1,205,326 · program services $970,879 · management and general $162,967 · fundraising $71,480

  • 9 · Other employee benefits

    total $153,304 · program services $116,268 · management and general $27,534 · fundraising $9,502

  • 10 · Payroll taxes

    total $99,689 · program services $73,285 · management and general $21,009 · fundraising $5,395

  • 11c · Fees: accounting

    total $61,541 · management and general $61,541

  • 11f · Fees: investment management

    total $10,500 · management and general $10,500

  • 12 · Advertising and promotion

    total $6,053 · program services $4,159 · management and general $800 · fundraising $1,094

  • 13 · Office expenses

    total $60,059 · program services $14,075 · management and general $26,368 · fundraising $19,616

  • 16 · Occupancy

    total $48,000 · program services $35,286 · management and general $10,116 · fundraising $2,598

  • 19 · Conferences, conventions and meetings

    total $20,619 · program services $8,454 · management and general $8,606 · fundraising $3,559

  • 22 · Depreciation, depletion and amortization

    total $2,874 · management and general $2,874

  • 23 · Insurance

    total $32,842 · program services $23,849 · management and general $6,837 · fundraising $2,156

  • 24a · Other expenses: RESTRICTED EXPENSES - C

    total $4,562,345 · program services $4,446,440 · management and general $4,020 · fundraising $111,885

  • 24b · Other expenses: BAD DEBTS

    total $60,014 · program services $60,014

  • 24c · Other expenses: SUPPLIES

    total $37,700 · program services $37,700

  • 24d · Other expenses: MISCELLANEOUS EXPENSE

    total $26,744 · program services $25,401 · management and general $1,295 · fundraising $48

  • 24e · All other expenses

    total $53,110 · program services $46,104 · management and general $6,862 · fundraising $144

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,172,532 · end of year $1,760,416

  • 2 · Savings and temporary cash investments

    beginning of year $50,000 · end of year $51,198

  • 3 · Pledges and grants receivable

    beginning of year $2,383,276 · end of year $1,482,007

  • 4 · Accounts receivable

    beginning of year $179,946 · end of year $244,820

  • 9 · Prepaid expenses and deferred charges

    end of year $2,800

  • 10a · Land, buildings and equipment: cost or other basis

    $169,498

  • 10b · Land, buildings and equipment: accumulated depreciation

    $30,730

  • 10c · Land, buildings and equipment, net

    beginning of year $7,451 · end of year $138,768

  • 11 · Investments: publicly traded securities

    beginning of year $2,066,359 · end of year $2,220,722

  • 15 · Other assets

    beginning of year $1,496,667 · end of year $167,834

  • 17 · Accounts payable and accrued expenses

    beginning of year $168,729 · end of year $116,271

  • 23 · Secured mortgages and notes payable

    end of year $114,191

  • 27 · Net assets without donor restrictions

    beginning of year $1,251,244 · end of year $2,435,503

  • 28 · Net assets with donor restrictions

    beginning of year $7,936,258 · end of year $3,402,600

Mission and programs · 2022

Mission

TO PROVIDE FINANCIAL RESOURCES AND SUPPORT TO BENEFIT THE CHILDREN, FAMILIES, AND STAFF OF THE COUNCIL BLUFFS COMMUNITY SCHOOL DISTRICT.

  • KIDS & COMPANY - PROVIDES CHILD CARE SERVICES TO ELEMENTARY SCHOOL-AGED CHILDREN IN THE COUNCIL BLUFFS, IOWA AREA

    Expenses $1,478,711 · Grants $63,237 · Revenue $1,495,225

  • STARS PROGRAM - A PROGRAM DESIGNED FOR LOW-INCOME FULL-TIME STUDENTS PURSUING A DEGREE.

    Expenses $172,546 · Grants $172,546

  • SCHOLARSHIP PROGRAM - ADMINISTER SCHOLARSHIPS TO STUDENTS FROM COUNCIL BLUFFS.

    Expenses $69,450 · Grants $69,450

  • OTHER PROGRAM SERVICES INCLUDES $108,397 OF CLASSROOM GRANTS TO THE COUNCIL BLUFFS COMMUNITY SCHOOLS AND $4,554,837 FOR EARLY LEARNING CENTER THAT WAS FUNDED BY CAPITAL CAMPAIGN CONTRIBUTIONS, WHICH WERE REPORTED AS RESTRICTED EXPENSE.

    Expenses $4,554,837 · Grants $108,397

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ashley Kruse

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Erin Johnson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Mike Rau

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Diane Ostrowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Schuldt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan Riley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nicole Hughes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lonny Kolln

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Michelle Hiers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ron Tekippe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Josh Kallsen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Laferla

    EXECUTIVE DIRECTOR

    Total calculated
    $123,723
    From this org
    $115,360
    From related orgs
    $0
    Other
    $8,363
    Hours/week
    40

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

  • CB COMMUNITY SCHOOLS

    $108,397

    CLASSROOM GRANTS

Provenance

Return type
form_990
Tax year
2022
Filed
3 June 2024
IRS schema version
2022v5.0
Source object
202411579349300516

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