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← PARTNERS IN EDUCATION FOUNDATION

Form 990 for tax year 2022

Filed by PARTNERS IN EDUCATION FOUNDATION.

Totals

Total revenue
$222,867
Total expenses
$213,510
Contributions and grants received
$163,198
Grants paid
$164,241
Program service revenue
$0
Investment income
$59,377
Other revenue
$292
Total assets, end of year
$2,013,369
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,013,369
Program services expenses (Part IX)
$173,850
Management and general expenses
$25,935
Fundraising expenses
$13,725
Program service expenses (Part III)
$173,850

Program services were 81.4% 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.

  • 1a · Federated campaigns

    $35,000

  • 1c · Fundraising events

    $8,235

  • 1f · All other contributions, gifts and grants

    $119,963

  • 3 · Investment income

    total $44,607 · excluded $44,607

  • 7a · Gross sales of assets other than inventory

    securities $346,830

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

    securities $332,060

  • 7c · Gain or loss

    securities $14,770

  • 7d · Net gain or loss

    total $14,770 · excluded $14,770

  • 8a · Fundraising events: gross income

    $3,520

  • 8a · Fundraising events: contributions included on line 1c

    $8,235

  • 8b · Fundraising events: direct expenses

    $3,228

  • 8c · Net income from fundraising events

    total $292 · excluded $292

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $91,054 · program services $91,054

  • 2 · Grants to domestic individuals

    total $73,187 · program services $73,187

  • 5 · Compensation of officers, directors and key employees

    total $25,016 · program services $8,756 · management and general $3,752 · fundraising $12,508

  • 11c · Fees: accounting

    total $2,550 · management and general $2,550

  • 11f · Fees: investment management

    total $15,492 · management and general $15,492

  • 13 · Office expenses

    total $2,435 · program services $853 · management and general $365 · fundraising $1,217

  • 23 · Insurance

    total $1,087 · management and general $1,087

  • 24a · Other expenses: FILING FEE

    total $40 · management and general $40

  • 24e · All other expenses

    total $2,649 · management and general $2,649

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $274,974 · end of year $232,486

  • 12 · Investments: other securities

    beginning of year $1,593,473 · end of year $1,755,039

  • 15 · Other assets

    beginning of year $26,745 · end of year $25,844

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,895,192 · end of year $2,013,369

Mission and programs · 2022

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE RESOURCES TO HELP ENHANCE THE QUALITY OF EDUCATION IN EL DORADO PUBLIC SCHOOLS; TO SUPPORT AND STIMULATE INNOVATION WHICH FOSTERS EFFORTS TO ENHANCE THE LEARNING ENVIRONMENT, ENCOURAGE EFFECTIVE INSTRUCTION, CHALLENGE STUDENTS, AND SUPPORT FACULTY; AND TO NURTURE INTERACTION BETWEEN THE SCHOOLS AND THE COMMUNITY.

Activities or mission (Part I)

TO PROVIDE RESOURCES TO HELP ENHANCE THE QUALITY OF EDUCATION IN THE EL DORADO PUBLIC SCHOOLS

  • GRANTS ARE GIVEN TO TEACHERS AND SCHOOL ADMINSTRATORS, ALLOWING THEM TO DO CLASS PROJECTS OR PROVIDE EDUCATION MATERIALS THAT THEY OTHERWISE WOULD HAVE BEEN UNABLE TO OBTAIN, THUS ENHANCING THE CURRICULUM THROUGHOUT THE EL DORADO PUBLIC SCHOOL DISTRICT.

    Expenses $30,669 · Grants $28,974

  • SUPPORT IS PROVIDED TO USD 490 AND ITS STUDENTS THROUGH HIGHER EDUCATIONAL SCHOLARSHIPS AND LOCAL NEEDS AWARDS; 22 SCHOLARSHIPS WERE PAID DURING THE FISCAL YEAR.

    Expenses $34,176 · Grants $32,287

  • GRANTS ARE AWARDED TO USD 490 TO PURCHASE SUPPLIES, EQUIPMENT, AND FACILITY IMPROVEMENTS, INCLUDING THE BLACKMORE ALUMNI TRACK, MUSICAL INSTRUMENTS, ATHLETIC EQUIPMENT, AND ELECTRONICS. THESE PROGRAMS BENEFIT USERS OF THE FIELD TRACK, APPLIED MATHEMATICS, AND ELEMENTARY E-BOOK AVAILABILITY.

    Expenses $95,586 · Grants $90,304

  • SUPPORT IS GIVEN TO USD 490 TO FUND THE 'I CAN READ PROGRAM AND VARIOUS OTHER PROGRAMS TO BENEFIT STUDENTS THROUGHOUT THE DISTRICT.

    Expenses $13,419 · Grants $12,677

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

Listed in Part VII

  • Bernie Spradling

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Ken Clausing

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Janice Shaffer

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Laura Luehrs

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Cathy Yeubanks

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Alana McNary

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Angie Crank

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Carolyn Dwire

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jon Craig

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Amanda Hursh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cindy Koehler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tony Allison

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Wendy McAdoo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Seth Hadley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Katie Banks-Todd

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Doug Jensen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Julie Jensen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andrew Tipton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rod Blackburn

    EXECUTIVE DIRECTOR

    Total calculated
    $25,016
    From this org
    $25,016
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

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

  • UNIFIED SCHOOL DISTRICT #490

    $90,304

    PROVIDE EDUCATIONAL RESOURCES

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303559349301010

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