Form 990 for tax year 2022

Totals

Total revenue

$556,139

Total expenses

$323,069

Contributions and grants received

$564,777

Grants paid

$186,328

Program service revenue

$0

Investment income

$21,092

Other revenue

-$29,730

Total assets, end of year

$1,625,637

Total liabilities, end of year

$1,253

Net assets or fund balances, end of year

$1,624,384

Program services expenses (Part IX)

$196,589

Management and general expenses

$117,821

Fundraising expenses

$8,659

Program service expenses (Part III)

$196,589

Program services were 60.9% 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.

Mission and programs · 2022

• THE ROOSEVELT FOR GENERATIONS CAPITAL CAMPAIGN IS A $3 MILLION CAPITAL PROJECT TO IMPROVE THE FACILITIES AND STUDENT EXPERIENCE AT ROOSEVELT HIGH SCHOOL, IN ORDER TO BETTER SERVE AN INCREASINGLY DIVERSE STUDENT POPULATION AND ENSURE EXCELLENCE IN 21ST-CENTURY EDUCATION. THE CAMPAIGN IS FOCUSED ON TWO PROJECTS - TRACK AND FIELD, AND LIBRARY REIMAGINED.TRACK AND FIELD: THIS PROJECT INCLUDED A RENOVATED TRACK AND FIELD. THE CURRENT TRACK AND FIELD WAS REMOVED AND REPLACED IN THE SAME LOCATION WITH STATE-OF-THE-ART TRACK SURFACING AND A SYNTHETIC TURF FIELD. THE PROJECT UPDATED FENCING, ADDED SAFER SIDEWALKS, NEW SIGNAGE, AND LANDSCAPING BEAUTIFICATION. THIS PROJECT IS IMPORTANT TO ROOSEVELT FOR MANY REASONS AND THE SPACE WILL BE A MULTIPURPOSE COMMUNITY ASSET: IT SERVES ONE OF IOWA'S LARGEST MARCHING BANDS, AND IS THE PRACTICE FIELD FOR A RE-EMERGING FOOTBALL PROGRAM, A STORIED TRACK AND FIELD PROGRAM, AND A GROWING SOCCER PROGRAM. DURING THE SCHOOL DAY, THE TRACK CAN BE UTILIZED BY PHYSICAL EDUCATION CLASSES FOR NEARLY 2,000 STUDENTS. THE FIELD OPENED IN SPRING OF 2023 AFTER CONSTRUCTION FINALIZED.LIBRARY REIMAGINED: THIS PROJECT WILL RENOVATE THE ROOSEVELT LIBRARY INTO A LEARNING AND INNOVATION CENTER: A "LIBRARY REIMAGINED" TO SUPPORT CURRENT AND EVOLVING NEEDS IN TECHNOLOGY, COMMUNICATIONS, AND DEVELOPMENT OF 21ST CENTURY SKILLS. IT WILL BE A SITE FOR CLASS WORK, SMALL GROUP PROJECTS, AND INDEPENDENT RESEARCH. THE SPACE HAS NOT HAD UPDATES IN 40 YEARS, AND NEEDS AMENITIES FOR MULTIMODAL LEARNING AND MODERN RESEARCH NEEDS. THE LEARNING AND INNOVATION CENTER WILL BE IN THE SAME LOCATION AS THE CURRENT LIBRARY AND WILL INCLUDE RECONFIGURED SPACES INCLUDING: FLEXIBLE, COLLABORATIVE LEARNING SPACES, DOCKING STATIONS FOR COMPUTERS AND RESEARCH RESOURCES, AND PRESENTATION SPACES WITH UPDATED TECHNOLOGY. TRADITIONAL RESOURCES INCLUDING BOOKS, PERIODICALS, AND SCHOOL ARCHIVES WILL ALSO BE PRESERVED.

  Expenses $125,751 · Grants $116,000

• THE ROOSEVELT HIGH SCHOOL FOUNDATION (RHSF) SUPPORTS THEODORE ROOSEVELT HIGH SCHOOL IN DES MOINES, IA BY PROVIDING FUNDING FOR LEARNING AND EDUCATIONAL OPPORTUNITIES TO ROOSEVELT STUDENTS AND TEACHERS. ON A REGULAR BASIS, RSHF PROVIDES FUNDS OR SUPPORT TO THE FOLLOWING PROGRAMS: ROOSEVELT HALL OF FAME TO HONOR DISTINGUISHED ALUMNI WHICH SERVES AS AN INSPIRATION TO TODAY'S STUDENTS; GRANTS AND SCHOLARSHIPS FOR STUDENTS TO ATTEND PROGRAMS OUTSIDE OF ROOSEVELT THAT FURTHER THEIR EDUCATIONAL EXPERIENCE; FINANCIAL SUPPORT FOR TEACHERS TO ATTEND CONFERENCES TO FURTHER THEIR TEACHING SKILLS.RHSF MANAGES AND AWARDS APPROXIMATELY $30,000 IN SCHOLARSHIPS ANNUALLY TO GRADUATING SENIORS. SCHOLARSHIPS ARE FUNDED ENTIRELY BY DONATIONS, AND ARE AWARDED OBJECTIVELY. THE FOUNDATION'S INSTRUCTIONAL AND EXTRACURRICULAR GRANTS PROVIDE SUPPORT FOR STUDENT LEARNING AND EXPERIENCES OR PROFESSIONAL DEVELOPMENT FOR TEACHERS AND STAFF. THESE GRANTS TOTAL APPROXIMATELY $20,000 PER YEAR. IN ADDITION, A $5,000 ANNUAL GRANT IS PROVIDED TO SUPPORT PROGRAMS AND PROJECTS SELECTED BY THE HIGH SCHOOL PRINCIPAL.

  Expenses $54,426 · Grants $54,426

• RHSF PROVIDES ALUMNI AND COMMUNITY SUPPORT THROUGH ACTIVITIES INCLUDING: PROVIDING REVOLVING FUNDS FOR CLASS REUNIONS TO FACILITATE CLASS MAILINGS AND MEETING FACILITIES, DEVELOPMENT AND MAINTENANCE OF A WEBSITE AND ALUMNI NEWSLETTER, PROVIDING ALUMNI REUNION TOURS OF THE SCHOOL, PROVIDING AWARD HARDWARE TO AWARD RECIPIENTS, PROVIDING FUNDS FOR PRESENTATIONS AND EVENTS RELATED TO ROOSEVELT HIGH SCHOOL. RHSF ENGAGES THE COMMUNITY AS A WHOLE BY SPONSORING AN ANNUAL GOLF TOURNAMENT AND COMMUNITY GALA. THESE EVENTS NOT ONLY PROVIDE FUNDING FOR RHSF PROGRAMS BUT ALSO PROVIDE AWARENESS OF THE FOUNDATION THROUGHOUT THE COMMUNITY.

  Expenses $16,412 · Grants $15,902

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

Listed in Part VII

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

• DES MOINES PUBLIC SCHOOLS

  $151,329

  COSTS INCURRED FOR CAPITAL IMPROVEMENTS AND SURROUNDING GROUNDS

Provenance

Return type

form_990

Tax year

2022

Filed

14 January 2024

IRS schema version

2022v5.0

Source object

202400169349300645

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