Form 990 for tax year 2022
Filed by GRAFTON EDUCATIONAL FOUNDATION.
Totals
- Total revenue
- $126,258
- Total expenses
- $168,450
- Contributions and grants received
- $92,697
- Grants paid
- $158,564
- Program service revenue
- $225
- Investment income
- $33,336
- Other revenue
- $0
- Total assets, end of year
- $941,206
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $941,206
- Program services expenses (Part IX)
- $159,055
- Management and general expenses
- $9,395
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $159,055
Program services were 94.4% 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.
-
1e · Government grants (contributions)
$7,000
-
1f · All other contributions, gifts and grants
$85,697
-
2a · Program service revenue: CONCERTS & EVENTS
-
2b · Program service revenue: SECOND STAGE
total $225 · related or exempt $225
-
3 · Investment income
total $17,676 · related or exempt $17,676
-
4 · Income from investment of tax-exempt bond proceeds
total $2,433 · related or exempt $2,433
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $155,752 · other assets $18,723
-
7b · Less cost or other basis and sales expenses
securities $161,248
-
7c · Gain or loss
securities -$5,496 · other assets $18,723
-
7d · Net gain or loss
total $13,227 · related or exempt $13,227
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $136,564 · program services $136,564
-
2 · Grants to domestic individuals
total $22,000 · program services $22,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $10 · management and general $10
-
11c · Fees: accounting
total $925 · management and general $925
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $62 · program services $62
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: EJ JONES FEES
total $8,460 · management and general $8,460
-
24b · Other expenses: SECOND STAGE
total $429 · program services $429
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $88,327 · end of year $121,901
-
2 · Savings and temporary cash investments
beginning of year $312,621 · end of year $235,834
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $743,885 · end of year $583,471
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,144,833 · end of year $941,206
Mission and programs · 2022
Mission
THE MISSION OF THE GRAFTON EDUCATIONAL FOUNDATION INC. IS TO PROVIDE FINANCIAL SUPPORT FOR EDUCATIONAL PURPOSES WITHIN THE GRAFTON PUBLIC SCHOOL DISTRICT #18 AND TO SUPPORT THE DEVELOPMENT AND MAINTENANCE OF GRAFTON PUBLIC SCHOOL DISTRICT #18 PROPERTIES.
-
SUPPORT IS PROVIDED TO GRAFTON PUBLIC SCHOOL DISTRICT #18 TO ENHANCE OPPORTUNITIES FOR STUDENTS AND STRUCTUAL ELEMENTS OF THE SCHOOL FACILITIES. THIS SUPPORT HELPS PROVIDES ACCESS TO LEARNING AND EDUCATIONAL EXPERIENCES FOR STUDENTS.
Expenses $133,430 · Grants $132,999 · Revenue $32,931
-
ND COMMUNITY FOUNDATION - FUNDING OF AN ENDOWMENT FUND FOR LOCAL SCHOLARSHIPS.
Expenses $22,000 · Grants $22,000 · Revenue $56,426
-
THE GRAFTON EDUCATION FOUNDATION PROVIDED MONEY TO PURCHASE BOOKS FOR LOCAL PRESCHOOLERS THROUGH THE IMAGINATION LIBRARY PROGRAM OF THE DOLLYWOOD FOUNDATION.
Expenses $3,625 · Grants $3,565 · Revenue $3,340
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Cathi HeuchertCATHI HEUCHERT
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Donald SudaDONALD SUDA
President
- Total calculated
- $0
- Hours/week
- 2
-
Maggie SudaMAGGIE SUDA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Trina PapenfussTRINA PAPENFUSS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer ThompsonJENNIFER THOMPSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chad BigwoodCHAD BIGWOOD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nathan GreenNATHAN GREEN
Vice President
- 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
-
GRAFTON PUBLIC SCHOOL DIST#18
$132,999
EDUCATION & SCHOOL PROPERTIES
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321359349315682
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