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Nonprofiteer
← HOMEWOOD CITY SCHOOLS FOUNDATION INC

Form 990 for tax year 2022

Filed by HOMEWOOD CITY SCHOOLS FOUNDATION INC.

Totals

Total revenue
$444,963
Total expenses
$191,220
Contributions and grants received
$218,969
Grants paid
$112,767
Program service revenue
$0
Investment income
$37,694
Other revenue
$188,300
Total assets, end of year
$1,730,886
Total liabilities, end of year
$117,759
Net assets or fund balances, end of year
$1,613,127
Program services expenses (Part IX)
$144,335
Management and general expenses
$46,885
Fundraising expenses
$0
Program service expenses (Part III)
$144,335

Program services were 75.5% 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

    $218,969

  • 3 · Investment income

    total $37,694 · excluded $37,694

  • 8a · Fundraising events: gross income

    $245,233

  • 8b · Fundraising events: direct expenses

    $56,933

  • 8c · Net income from fundraising events

    total $188,300 · excluded $188,300

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $112,767 · program services $112,767

  • 7 · Other salaries and wages

    total $42,338 · program services $21,169 · management and general $21,169

  • 11f · Fees: investment management

    total $6,717 · management and general $6,717

  • 13 · Office expenses

    total $625 · management and general $625

  • 23 · Insurance

    total $1,895 · management and general $1,895

  • 24a · Other expenses: WEBSITE

    total $9,410 · management and general $9,410

  • 24b · Other expenses: PSAT PREP COURSE

    total $3,500 · program services $3,500

  • 24c · Other expenses: DONOR SOFTWARE

    total $3,283 · management and general $3,283

  • 24d · Other expenses: NATIONAL BOARD CERTIFIC

    total $2,950 · program services $2,950

  • 24e · All other expenses

    total $7,735 · program services $3,949 · management and general $3,786

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,043 · end of year $33,494

  • 2 · Savings and temporary cash investments

    beginning of year $286,478 · end of year $218,393

  • 4 · Accounts receivable

    beginning of year $213,704 · end of year $235,734

  • 11 · Investments: publicly traded securities

    beginning of year $898,284 · end of year $1,243,265

  • 18 · Grants payable

    beginning of year $9,613 · end of year $32,708

  • 25 · Other liabilities

    beginning of year $84,851 · end of year $85,051

  • 27 · Net assets without donor restrictions

    beginning of year $1,324,045 · end of year $1,613,127

Mission and programs · 2022

Mission

ENHANCE SCHOOL CURRICULUM AND LEARNING.

  • GRANTS WERE MADE TO LOCAL SCHOOLS WITHIN THE HOMEWOOD CITY SCHOOL SYSTEM WHICH WERE USED TO PAY FOR SPECIAL LEARNING PROJECTS. THE FOUNDATION PAYS FOR NEW TEACHER ORIENTATION AND FOR THE EXPENSES OF MASTER TEACHING CERTIFICATION NOT COVERED BY THE COUNTY OR STATE.

    Expenses $144,335 · Grants $112,767

As filed on the 2022 return.

Listed in Part VII

  • Tom Bedics

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Trae Bedsole

    TRESURER

    Total calculated
    $0
    Hours/week
    1
  • Mary Gaines Brocato

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Blake Cobia

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • James Eastman

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Egbe

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matt Feld

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Fleisher

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Keith Giles

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mitchell Greggs

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Mays

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tiffany McIntyre

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Amy Mitchell

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • James Alan Owen

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Paul Owen

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Patton

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Amelia Spencer

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kristin Torres

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stacey Weil

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gwen Williams

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sara Williams

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Anna Chancellor

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Eady

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Debbie Fly

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andrew Seale

    MEMBER

    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

  • HOMEWOOD CITY BOARD OF EDUCATION

    $112,767

    TO FURTHER EDUCATION

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202431369349307303

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