Form 990 for tax year 2022
Filed by PADUCAH PUBLIC SCHOOLS FOUNDATION INC.
Totals
- Total revenue
- $857,870
- Total expenses
- $804,879
- Contributions and grants received
- $711,740
- Grants paid
- $2,800
- Program service revenue
- $0
- Investment income
- $120,400
- Other revenue
- $25,730
- Total assets, end of year
- $1,133,327
- Total liabilities, end of year
- $6,805
- Net assets or fund balances, end of year
- $1,126,522
- Program services expenses (Part IX)
- $793,604
- Management and general expenses
- $5,750
- Fundraising expenses
- $5,525
- Program service expenses (Part III)
- $793,604
Program services were 98.6% 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
$711,740
-
3 · Investment income
total $30,240 · related or exempt $30,240
-
7a · Gross sales of assets other than inventory
securities $90,160
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $90,160
-
7d · Net gain or loss
total $90,160 · related or exempt $90,160
-
8a · Fundraising events: gross income
$25,730
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $25,730 · excluded $25,730
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,800 · program services $2,800
-
11c · Fees: accounting
total $5,750 · management and general $5,750
-
11g · Fees: other
total $1,665 · program services $1,665
-
24a · Other expenses: SUPPORT OF SCHOOL PROGR
total $775,905 · program services $775,905
-
24b · Other expenses: STUDENT ACTIVITIES
total $18,759 · program services $13,234 · fundraising $5,525
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $112,180 · end of year $182,233
-
3 · Pledges and grants receivable
beginning of year $115,586 · end of year $75,485
-
12 · Investments: other securities
beginning of year $848,565 · end of year $875,609
-
17 · Accounts payable and accrued expenses
end of year $305
-
19 · Deferred revenue
beginning of year $2,800 · end of year $6,500
-
27 · Net assets without donor restrictions
beginning of year $642,220 · end of year $820,208
-
28 · Net assets with donor restrictions
beginning of year $431,311 · end of year $306,314
Mission and programs · 2022
Mission
THE FOUNDATION WAS FORMED FOR THE PURPOSE OF ESTABLISHING AN EDUCATION ENDOWMENT FUND TO SUPPORT EDUCATION PROGRAMS OF THE PADUCAH PUBLIC SCHOOLS.
Activities or mission (Part I)
FORMED TO ESTABLISH AN ENDOWMENT FUND TO SUPPORT EDUCATIONAL PROGRAMS OF THE PADUCAH PUBLIC SCHOOLS.
-
SUPPORT EDUCATIONAL PROGRAMS OF PADUCAH PUBLIC SCHOOLS.
Expenses $793,604 · Grants $2,800 · Revenue $120,400
As filed on the 2022 return.
Listed in Part VII
-
CHRIS BLACK
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
JAN CRAWFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
KIM FORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JANE GAMBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JUSTIN HANCOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MARK WHITLOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
AMANDA ESPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JULIE HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JANICE HOWARD
BOE REPRESENTATIVE
- Total calculated
- $0
- Hours/week
- 2
-
ANGELA COPELAND
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
LISA CHAPPELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
DR DONALD SHIVELY
BOE SUPERINTENDENT
- Total calculated
- $0
- Hours/week
- 2
-
DANETTE HUMPHREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421359349303782
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