Form 990 for tax year 2023
Filed by NEW ALBANY FLOYD COUNTY EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $887,374
- Total expenses
- $876,266
- Contributions and grants received
- $673,080
- Grants paid
- $575,611
- Program service revenue
- $0
- Investment income
- $34,863
- Other revenue
- $179,431
- Total assets, end of year
- $1,783,735
- Total liabilities, end of year
- $150,196
- Net assets or fund balances, end of year
- $1,633,539
- Program services expenses (Part IX)
- $710,545
- Management and general expenses
- $62,215
- Fundraising expenses
- $103,506
- Program service expenses (Part III)
- $710,545
Program services were 81.1% 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
$5,848
-
1c · Fundraising events
$96,285
-
1e · Government grants (contributions)
$32,200
-
1f · All other contributions, gifts and grants
$538,747
-
3 · Investment income
total $36,487 · excluded $36,487
-
7b · Less cost or other basis and sales expenses
securities $1,624
-
7c · Gain or loss
securities -$1,624
-
7d · Net gain or loss
total -$1,624 · excluded -$1,624
-
8a · Fundraising events: gross income
$264,507
-
8a · Fundraising events: contributions included on line 1c
$96,285
-
8b · Fundraising events: direct expenses
$103,185
-
8c · Net income from fundraising events
total $161,322 · excluded $161,322
-
9a · Gaming: gross income
$18,473
-
9b · Gaming: direct expenses
$364
-
9c · Net income from gaming
total $18,109 · excluded $18,109
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $575,611 · program services $575,611
-
5 · Compensation of officers, directors and key employees
total $112,871 · program services $28,218 · management and general $28,217 · fundraising $56,436
-
7 · Other salaries and wages
total $22,716 · program services $5,679 · management and general $5,679 · fundraising $11,358
-
10 · Payroll taxes
total $10,356 · program services $2,589 · management and general $2,589 · fundraising $5,178
-
11a · Fees: management
total $18,375 · program services $18,375
-
11c · Fees: accounting
total $2,100 · program services $2,100
-
11f · Fees: investment management
total $6,372 · management and general $6,372
-
11g · Fees: other
total $844 · program services $211 · management and general $211 · fundraising $422
-
12 · Advertising and promotion
total $14,482 · fundraising $14,482
-
13 · Office expenses
total $12,547 · program services $3,137 · management and general $6,273 · fundraising $3,137
-
24a · Other expenses: IMAGINATION LIBRARY
total $53,606 · program services $53,606
-
24b · Other expenses: MISCELLANEOUS EXPENSE
total $22,385 · program services $7,387 · management and general $7,611 · fundraising $7,387
-
24c · Other expenses: ADMIN FEE EXPENSE
total $15,476 · program services $5,107 · management and general $5,263 · fundraising $5,106
-
24d · Other expenses: PROGRAM EXPENSES
total $8,525 · program services $8,525
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $19,749 · end of year $15,380
-
2 · Savings and temporary cash investments
beginning of year $1,040,887 · end of year $1,015,203
-
3 · Pledges and grants receivable
beginning of year $50 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $200
-
9 · Prepaid expenses and deferred charges
beginning of year $2,495 · end of year $4,990
-
11 · Investments: publicly traded securities
beginning of year $505,302 · end of year $747,962
-
17 · Accounts payable and accrued expenses
beginning of year $8,455 · end of year $82,063
-
19 · Deferred revenue
beginning of year $21,725 · end of year $68,133
-
27 · Net assets without donor restrictions
beginning of year $1,221,498 · end of year $1,435,308
-
28 · Net assets with donor restrictions
beginning of year $316,805 · end of year $198,231
Mission and programs · 2023
Mission
TO ASSIST AND BENEFIT PUBLIC EDUCATION IN FLOYD COUNTY, INDIANA.
-
BLESSING IN A BACKPACK - PROVIDING FOOD ON THE WEEKEND FOR ELEMENTARY SCHOOL CHILDREN WHO MIGHT OTHERWISE GO HUNGRY.
Expenses $358,814 · Grants $358,814
-
FUNDS WERE USED TO ASSIST AND BENEFIT THE PEOPLE OF FLOYD COUNTY THROUGH FUNDING OF THE PROGRAMS, ACTIVITIES, AND FACILITIES OF THE NEW ALBANY-FLOYD COUNTY CONSOLIDATED SCHOOL CORPORATION. DURING FY 2024, FUNDS WERE USED TO PROVIDE SUPPORT TO JUNIOR ACHIEVMENT LEARNING LABS, CLASSROOM PROJECTS, ARTS PROJECTS, FIELD TRIPS, AND SCHOLARSHIPS.
Expenses $298,125 · Grants $216,797
-
DOLLY PARTON'S IMAGINATION LIBRARY - PROVIDING ONE BOOK PER MONTH TO PRESCHOOL AGED CHILDREN IN FLOYD COUNTY
Expenses $53,606
As filed on the 2023 return.
Listed in Part VII
-
AMANDA MCMONIGLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ASHLEY SIGMAN DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CARL WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DAVID BAUER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JESSICA PUGH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JOE GLOVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JOSH KORNBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
KELLY TRASK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MICHELE DAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MOLLY RUBESH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
RAY LUCAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ROBIN MCCOLLOUGH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
RUTH HEIDEMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
TRISH FREDERICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ALLEN PLATT
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
JULIE LARNER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
LAURA MUNCY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
ELIZABETH HILBRICH
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
TYLER BLISS
EXECUTIVE DIRECTOR
- Total calculated
- $108,206
- From this org
- $108,206
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
-
$358,814
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
-
NEW ALBANY FLOYD COUNTY SCHOOL CORP
$160,890
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
-
$27,846
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
-
$12,781
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
COMMUNITY FOUNDATION OF SOUTHERN INDIANA INC
501(C)(3) · CHARITABLE ORGANIZATION · IN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510979349300831
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