Totals
- Total revenue
- $4,398,187
- Total expenses
- $4,202,959
- Contributions and grants received
- $995,919
- Grants paid
- $0
- Program service revenue
- $3,118,016
- Investment income
- $193,248
- Other revenue
- $91,004
- Total assets, end of year
- $9,704,643
- Total liabilities, end of year
- $2,020,808
- Net assets or fund balances, end of year
- $7,683,835
- Program services expenses (Part IX)
- $3,359,014
- Management and general expenses
- $843,945
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,359,014
Program services were 79.9% 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.
-
1f · All other contributions, gifts and grants
$995,919
-
1g · Noncash contributions included above
$20,281
-
2a · Program service revenue: TUITION AND FEES
total $2,373,305 · related or exempt $2,373,305
-
2b · Program service revenue: FOOD SERVICE
total $464,386 · related or exempt $464,386
-
2c · Program service revenue: SPECIAL PROGRAMS & ACTIVITIES
total $193,662 · related or exempt $193,662
-
2d · Program service revenue: TRANSPORTATION
total $43,615 · related or exempt $43,615
-
2e · Program service revenue: REGISTRATION & APPLICATION FE
total $43,048 · related or exempt $43,048
-
3 · Investment income
total $157,731 · related or exempt $157,731
-
6a · Gross rents
real property $2,450
-
6c · Rental income or loss
real property $2,450
-
6d · Net rental income or loss
total $2,450 · related or exempt $2,450
-
7a · Gross sales of assets other than inventory
securities $2,675,506
-
7b · Less cost or other basis and sales expenses
securities $2,639,989
-
7c · Gain or loss
securities $35,517
-
7d · Net gain or loss
total $35,517 · related or exempt $35,517
-
8a · Fundraising events: gross income
$117,049
-
8b · Fundraising events: direct expenses
$112,288
-
8c · Net income from fundraising events
total $4,761
-
11a · Other revenue: REBATE INCOME
total $44,687 · related or exempt $44,687
-
11b · Other revenue: MISCELLANEOUS
total $39,106 · related or exempt $39,106
-
11e · Other revenue, total
$83,793
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $129,453 · program services $103,562 · management and general $25,891
-
7 · Other salaries and wages
total $2,123,458 · program services $1,698,767 · management and general $424,691
-
8 · Pension plan contributions
total $15,090 · program services $12,072 · management and general $3,018
-
9 · Other employee benefits
total $140,434 · program services $112,347 · management and general $28,087
-
10 · Payroll taxes
total $162,966 · program services $130,373 · management and general $32,593
-
11f · Fees: investment management
total $34,504 · management and general $34,504
-
20 · Interest
total $69,410 · program services $34,705 · management and general $34,705
-
22 · Depreciation, depletion and amortization
total $165,613 · program services $82,807 · management and general $82,806
-
24a · Other expenses: OPERATIONS
total $738,794 · program services $738,794
-
24b · Other expenses: INSTRUCTIONAL
total $415,461 · program services $415,461
-
24c · Other expenses: CENTRAL ADMINISTRATION
total $145,565 · management and general $145,565
-
24d · Other expenses: EXTERNAL AFFAIRS
total $62,211 · program services $30,126 · management and general $32,085
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,271,883 · end of year $1,403,415
-
4 · Accounts receivable
beginning of year $30,461 · end of year $51,197
-
9 · Prepaid expenses and deferred charges
beginning of year $50,720 · end of year $36,119
-
10a · Land, buildings and equipment: cost or other basis
$12,407,940
-
10b · Land, buildings and equipment: accumulated depreciation
$9,208,857
-
10c · Land, buildings and equipment, net
beginning of year $3,032,400 · end of year $3,199,083
-
11 · Investments: publicly traded securities
beginning of year $4,915,897 · end of year $4,973,810
-
15 · Other assets
beginning of year $184,861 · end of year $41,019
-
17 · Accounts payable and accrued expenses
beginning of year $113,593 · end of year $169,751
-
19 · Deferred revenue
beginning of year $558,089 · end of year $360,517
-
24 · Unsecured notes and loans payable
beginning of year $1,565,163 · end of year $1,490,540
-
27 · Net assets without donor restrictions
beginning of year $1,931,250 · end of year $2,022,203
-
28 · Net assets with donor restrictions
beginning of year $5,318,127 · end of year $5,661,632
Mission and programs · 2022
Mission
THE RURUAL EDUCATION FOUNDATIONS MISSION IS TO CREATE A SAFE AND SUPPORTIVE LEARNING ENVIRONMENT WHICH FOSTERS THE DEVELOPMENT OF BOUNDLESS INDIVIDUAL POTENTIAL.
Activities or mission (Part I)
THE MISSION OF THE RURAL EDUCATION FOUNDATION IS TO CREATE A SAFE AND SUPPORTIVE LEARNING ENVIRONMENT WHICH FOSTERS THE DEVELOPMENT OF BOUNDLESS INDIVIDUAL POTENTIAL.
-
THE RURAL EDUCATION FOUNDATION OPERATES AN ACCREDITED PRIVATE SCHOOL WHERE ALL INCOME GENERATED IS IN CONNECTION WITH THE EDUCATIONAL PROGRAM OFFERED BY THE FACILITY.
Expenses $3,359,014 · Revenue $3,118,016
As filed on the 2022 return.
Listed in Part VII
-
Joyce EgglestonJOYCE EGGLESTON
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 5
-
Kathy AndrewsKATHY ANDREWS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Robert AtkinsonROBERT ATKINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Jason FergusonJASON FERGUSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
John GanttJOHN GANTT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Shawn HaneySHAWN HANEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Darrell HodgesDARRELL HODGES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Sandra MossSANDRA MOSS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Cameron PattersonCAMERON PATTERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Chris SadlerCHRIS SADLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Kathleen SeilerKATHLEEN SEILER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Anabelle ThurstonANABELLE THURSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Blake TuckerBLAKE TUCKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Donna VancleaveDONNA VANCLEAVE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Hunter WatsonHUNTER WATSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Liz RutherfordLIZ RUTHERFORD
LS/MS FACULT
- Total calculated
- $0
- Hours/week
- 5
-
Paul ReynoldsPAUL REYNOLDS
HEAD OF SCHO
- Total calculated
- $129,453
- From this org
- $129,453
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Sara PriceSARA PRICE
US FACULTY R
- Total calculated
- $0
- Hours/week
- 5
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
- 15 December 2023
- IRS schema version
- 2022v5.0
- Source object
- 202400299349301465
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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