Form 990 for tax year 2023
Filed by BISMARCK PUBLIC SCHOOLS FOUNDATION.
Totals
- Total revenue
- $658,683
- Total expenses
- $517,292
- Contributions and grants received
- $267,801
- Grants paid
- $0
- Program service revenue
- $97,435
- Investment income
- $273,801
- Other revenue
- $19,646
- Total assets, end of year
- $6,467,962
- Total liabilities, end of year
- $364,892
- Net assets or fund balances, end of year
- $6,103,070
- Program services expenses (Part IX)
- $510,216
- Management and general expenses
- $7,076
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $510,216
Program services were 98.6% 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
$267,801
-
2a · Program service revenue
total $97,435 · related or exempt $97,435
-
3 · Investment income
total $203,314 · related or exempt $203,314
-
7a · Gross sales of assets other than inventory
other assets $70,487
-
7c · Gain or loss
other assets $70,487
-
7d · Net gain or loss
total $70,487 · related or exempt $70,487
-
8a · Fundraising events: gross income
$23,832
-
8b · Fundraising events: direct expenses
$18,943
-
8c · Net income from fundraising events
total $4,889 · excluded -$150
-
11a · Other revenue: LOGO LICENSING
total $14,757 · related or exempt $14,757
-
11e · Other revenue, total
$14,757
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $4,520 · program services $4,520
-
11b · Fees: legal
total $780 · program services $780
-
11c · Fees: accounting
total $5,705 · management and general $5,705
-
11g · Fees: other
total $473,090 · program services $473,090
-
12 · Advertising and promotion
total $21,899 · program services $21,899
-
13 · Office expenses
total $2,502 · program services $2,502
-
23 · Insurance
total $1,308 · management and general $1,308
-
24a · Other expenses: UNAPPLIED CASH BILL PMT
total $2,739 · program services $2,739
-
24b · Other expenses: BPS/BPSF FUNDS EXP
total $2,531 · program services $2,531
-
24c · Other expenses: MEALS
total $879 · program services $879
-
24d · Other expenses: DIRECTORS FUND
total $698 · program services $698
-
24e · All other expenses
total $641 · program services $578 · management and general $63
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $620,369 · end of year $705,051
-
10a · Land, buildings and equipment: cost or other basis
$5,250
-
10b · Land, buildings and equipment: accumulated depreciation
$5,250
-
11 · Investments: publicly traded securities
beginning of year $5,298,565 · end of year $5,757,444
-
14 · Intangible assets
beginning of year $5,467 · end of year $5,467
-
17 · Accounts payable and accrued expenses
beginning of year $51,010 · end of year $7,625
-
21 · Escrow or custodial account liability
beginning of year $284,013 · end of year $357,267
-
27 · Net assets without donor restrictions
beginning of year $5,589,378 · end of year $6,103,070
Mission and programs · 2023
Mission
SUPPORTING FOUNDATION TO SUPPORT THE BISMARCK PUBLIC SCHOOLS, TEACHERS, AND STAFF WHO WORK WITH STUDENTS
Activities or mission (Part I)
TO SUPPORT THE BISMARCK PUBLIC SCHOOLS THROUGH THE SPONSORING OF VARIOUS EDUCATION PROGRAMS AND THE OFFERING OF MINI-GRANTS TO TEACHERS AND SCHOOLS.
-
THE PROVIDING OF OVER 15 MINI-GRANTS AND SPONSORSHIPS TO EDUCATORS AND SCHOOLS OF THE BISMARCK PUBLIC SCHOOL SYSTEM. THE MINI-GRANTS ARE USED TO SUPPORT NEW AND INNOVATIVE PROGRAMS AND/OR TEACHING METHODS FOR ALL STUDENTS IN THE BISMARCK PUBLIC SCHOOL SYSTEM. PROVIDING A QUARTERLY NEWSLETTER TO ALL PARENTS, EDUCATORS, AND DONORS OF THE BISMARCK PUBLIC SCHOOL SYSTEM TO PROVIDE PUBLIC EDUCATION ON THE ACCOMPLISHMENTS OF THE BISMARCK PUBLIC SCHOOL SYSTEM AND THEIR ALUMNI.
Expenses $505,696
-
PROVIDING SCHOLARSHIPS TO GRADUATING SENIORS OF THE BISMARCK PUBLIC SCHOOL SYSTEM TO ASSIST THEM IN FURTHERING THEIR ACADEMIC EDUCATION.
-
SALARIES, TAXES AND BENEFITS PAID THROUGH A RELATED ORGANIZATION
Expenses $4,520
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DAVID AUGUSTADT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TOMI CIMAROSTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BETSY ELSBERRY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
DREW ENGELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JEFF FASTNACHT
SUPERINTENDE
- Total calculated
- $0
- Hours/week
- 1
-
MEGAN HAUN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STACEY LANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TAHLIA NYGAARD
FOUNDATION D
- Total calculated
- $0
- Hours/week
- 1
-
CHAD OBAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMANDA PETERSON
VOTING MEMBE
- Total calculated
- $0
- Hours/week
- 1
-
RICK GELOFF
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
JAN STANKIEWICZ
VICE PRESIDE
- 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
- 2023
- Filed
- 25 October 2025
- IRS schema version
- 2023v6.0
- Source object
- 202522979349302302
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