Skip to content
Nonprofiteer
← EVSC FOUNDATION INC

Form 990 for tax year 2023

Filed by EVSC FOUNDATION INC.

Totals

Total revenue
$2,980,015
Total expenses
$2,971,801
Contributions and grants received
$2,777,094
Grants paid
$0
Program service revenue
$0
Investment income
$149,548
Other revenue
$53,373
Total assets, end of year
$6,450,721
Total liabilities, end of year
$59,794
Net assets or fund balances, end of year
$6,390,927
Program services expenses (Part IX)
$2,579,910
Management and general expenses
$358,982
Fundraising expenses
$32,909
Program service expenses (Part III)
$2,579,910

Program services were 86.8% 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

    $2,777,094

  • 3 · Investment income

    total $122,232 · excluded $122,232

  • 5 · Royalties

    total $22,117 · excluded $22,117

  • 6a · Gross rents

    real property $82,159

  • 6b · Less rental expenses

    real property $99,395

  • 6c · Rental income or loss

    real property -$17,236

  • 6d · Net rental income or loss

    total -$17,236 · excluded -$17,236

  • 7a · Gross sales of assets other than inventory

    securities $1,323,780

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

    securities $1,296,464

  • 7c · Gain or loss

    securities $27,316

  • 7d · Net gain or loss

    total $27,316 · related or exempt $27,316

  • 8a · Fundraising events: gross income

    $126,320

  • 8b · Fundraising events: direct expenses

    $117,696

  • 8c · Net income from fundraising events

    total $8,624 · excluded $8,624

  • 11a · Other revenue: MANAGEMENT FEES

    total $34,036 · related or exempt $34,036

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $7,251 · related or exempt $7,251

  • 11c · Other revenue: CHANGE IN SPLIT INTEREST

    total -$1,419 · related or exempt -$1,419

  • 11e · Other revenue, total

    $39,868

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $281,635 · program services $140,818 · management and general $140,817

  • 9 · Other employee benefits

    total $21,235 · program services $10,618 · management and general $10,617

  • 10 · Payroll taxes

    total $24,834 · program services $12,417 · management and general $12,417

  • 11a · Fees: management

    total $37,633 · management and general $37,633

  • 11b · Fees: legal

    total $1,668 · management and general $1,668

  • 11c · Fees: accounting

    total $11,865 · management and general $11,865

  • 11f · Fees: investment management

    total $27,739 · management and general $27,739

  • 11g · Fees: other

    total $85,969 · program services $673 · management and general $85,296

  • 12 · Advertising and promotion

    total $2,183 · management and general $2,183

  • 13 · Office expenses

    total $5,480 · management and general $5,480

  • 14 · Information technology

    total $6,029 · management and general $6,029

  • 17 · Travel

    total $64 · management and general $64

  • 19 · Conferences, conventions and meetings

    total $452 · management and general $452

  • 23 · Insurance

    total $6,833 · management and general $6,833

  • 24a · Other expenses: SCHOOLS

    total $1,833,320 · program services $1,833,320

  • 24b · Other expenses: EVSC SUPPORT

    total $453,745 · program services $453,745

  • 24c · Other expenses: SCHOLARSHIPS

    total $106,900 · program services $106,900

  • 24d · Other expenses: FUNDRAISING

    total $32,909 · fundraising $32,909

  • 24e · All other expenses

    total $31,308 · program services $21,419 · management and general $9,889

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $880,407 · end of year $911,040

  • 2 · Savings and temporary cash investments

    beginning of year $1,664,130 · end of year $1,735,798

  • 3 · Pledges and grants receivable

    beginning of year $40,661 · end of year $18,669

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,250 · end of year $19,995

  • 10a · Land, buildings and equipment: cost or other basis

    $907,525

  • 10b · Land, buildings and equipment: accumulated depreciation

    $152,616

  • 10c · Land, buildings and equipment, net

    beginning of year $778,465 · end of year $754,909

  • 11 · Investments: publicly traded securities

    beginning of year $2,669,911 · end of year $3,010,310

  • 17 · Accounts payable and accrued expenses

    beginning of year $44,100 · end of year $48,895

  • 25 · Other liabilities

    beginning of year $11,005 · end of year $10,899

  • 27 · Net assets without donor restrictions

    beginning of year $1,845,945 · end of year $1,821,962

  • 28 · Net assets with donor restrictions

    beginning of year $4,148,774 · end of year $4,568,965

Mission and programs · 2023

Mission

THE MISSION OF THE EVSC FOUNDATION IS TO ENHANCE EDUCATIONAL OPPORTUNITIES THROUGH THE DEVELOPMENT OF INDIVIDUAL AND COMMUNITY PARTNERSHIPS WHICH GENERATE THE FINANCIAL RESOURCES NECESSARY TO SUPPORT EXTRAORDINARY LEARNING EXPERIENCES, ENSURING GREATER STUDENT SUCCESS.

  • N/A

  • SCHOOL PROGRAMS - INCLUDES THE HAMMAN FUNDS FOR NEEDY STUDENTS, SCOREBOARD SPONSORSHIP AND AFFINITY CARD PROGRAM BOTH TO SUPPORT ATHLETICS AND ACADEMICS, ATHLETIC TRAINING COVERAGE,SCHOLARSHIPS, AND OTHER VARIOUS SCHOOL PROGRAMS. PROGRAMS WERE ALSO IN PLACE FOR SUPPORTING A STUDENT CLOTHING BANK FOR NEEDY STUDENTS, AND SUPPORTING STUDENTS THROUGH SPECIFIC PROGRAMS THAT FOCUS ON WORKABLE OPPORTUNITIES TO INTEGRATE WORKPLACE SKILLS AND ACADEMICS FOR SUCCESS WITH GRADUATION AND BEYOND. A TEACHER LOCKER PROGRAM WAS UTILIZED TO PROVIDE FREE SUPPLIES TO EVSC TEACHERS.

    Expenses $2,043,903

  • EVSC SUPPORT PROGRAM - THE PROGRAM PROVIDES A VARIETY OF DIFFERENT FORMS OF GENERAL SUPPORT TO EVSC. ALLOCATIONS WERE USED TO FUND THE PRODUCTION OF INFORMATIONAL MATERIALS INCLUDING THE EVSC PARENT CALENDAR AND OTHER INNOVATIVE SCHOOL PAMPHLETS. ADDITIONAL SUPPORT INCLUDED ITEMS SUCH AS; SUPPORTING EVSC FOOD & NUTRITION PROGRAM, SUPPORTING EARLY COLLEGE PROGRAMS, SOCIAL EMOTIONAL LEARNING CLASSROOM SUPPLIES, BACKPACKS/SUPPLIES FOR NEEDY STUDENTS, BOOKS PURCHASED FOR READ EVANSVILLE PROGRAM TO GET BOOKS TO STUDENTS, TEACHER APPRECIATION GIFTCARDS, SUPPORT FOR EVSC FINE ARTS PROGRAM, AND SUPPORT FOR GED STUDENTS. BOOKS WERE ALSO PURCHASED TO SUPPORT SCHOOLS AND FOR PROFESSIONAL DEVELOPMENT AND THE SEL PROGRAM. FUNDS WERE ALSO GIVEN TOWARDS NEW TEACHER ORIENTATION SUPPLIES AND TICKETS FOR EDUCATOR APPRECIATION NIGHT AT OTTER'S GAMES. ALSO, FUNDS WERE GIVEN TO SUPPORT ACADEMIC SUPER BOWL AND MIDDLE SCHOOL SPEECH PROGRAMS.

    Expenses $536,007

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeffrey Berger

    PAST PRESIDE

    Total calculated
    $0

  • Chris Kiefer

    BOARD MEMBER

    Total calculated
    $0

  • Dr David Smith

    BOARD MEMBER

    Total calculated
    $0

  • Melissa Moore

    BOARD MEMBER

    Total calculated
    $0

  • Alex Schmitt

    SECRETARY

    Total calculated
    $0

  • Carrie Morton

    CHAIR

    Total calculated
    $0

  • Jim Morley

    BOARD MEMBER

    Total calculated
    $0

  • Scott Evernham

    VICE CHAIR

    Total calculated
    $0

  • Tim Ethridge

    BOARD MEMBER

    Total calculated
    $0

  • Jason Althaus

    BOARD MEMBER

    Total calculated
    $0

  • Aaron Althaus

    BOARD MEMBER

    Total calculated
    $0

  • Jill Lucy

    BOARD MEMBER

    Total calculated
    $0

  • Clay Scarafia

    TREASURER CU

    Total calculated
    $0

  • Brian Woods

    BOARD MEMBER

    Total calculated
    $0

  • Alex Burton

    BOARD MEMBER

    Total calculated
    $0

  • Mike Cameron

    TREASURER PA

    Total calculated
    $0

  • Jake Hester

    BOARD MEMBER

    Total calculated
    $0

  • Shaun Muncy

    BOARD MEMBER

    Total calculated
    $0

  • Tamara Skinner

    BOARD MEMBER

    Total calculated
    $0

  • Lori Young

    BOARD MEMBER

    Total calculated
    $0

  • Alex Chang

    BOARD MEMBER

    Total calculated
    $0

  • Mike Duckworth

    BOARD MEMBER

    Total calculated
    $0

  • Jack Faber

    BOARD MEMBER

    Total calculated
    $0

  • Danial Hohne

    BOARD MEMBER

    Total calculated
    $0

  • Anne McKim

    BOARD MEMBER

    Total calculated
    $0

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
2023
Filed
23 October 2024
IRS schema version
2023v5.0
Source object
202413169349305301

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.