Form 990 for tax year 2023
Filed by FOUNDATION FOR THE IOWA CITY COMMUNITY SCHOOL DISTRICT.
Totals
- Total revenue
- $1,466,923
- Total expenses
- $1,394,823
- Contributions and grants received
- $1,357,156
- Grants paid
- $1,111,307
- Program service revenue
- $0
- Investment income
- $111,043
- Other revenue
- -$1,276
- Total assets, end of year
- $4,450,315
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $4,450,315
- Program services expenses (Part IX)
- $1,170,406
- Management and general expenses
- $153,432
- Fundraising expenses
- $70,985
- Program service expenses (Part III)
- $1,170,406
Program services were 83.9% 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.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$31,102
-
1f · All other contributions, gifts and grants
$1,326,054
-
3 · Investment income
total $124,433 · excluded $124,433
-
7a · Gross sales of assets other than inventory
securities $861,232
-
7b · Less cost or other basis and sales expenses
securities $874,622
-
7c · Gain or loss
securities -$13,390
-
7d · Net gain or loss
total -$13,390 · excluded -$13,390
-
8a · Fundraising events: gross income
$4,721
-
8a · Fundraising events: contributions included on line 1c
$31,102
-
8b · Fundraising events: direct expenses
$5,997
-
8c · Net income from fundraising events
total -$1,276 · excluded -$1,276
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $936,657 · program services $936,657
-
2 · Grants to domestic individuals
total $174,650 · program services $174,650
-
5 · Compensation of officers, directors and key employees
total $79,345 · program services $23,803 · management and general $35,706 · fundraising $19,836
-
7 · Other salaries and wages
total $102,225 · program services $30,668 · management and general $46,001 · fundraising $25,556
-
8 · Pension plan contributions
total $1,367 · program services $410 · management and general $615 · fundraising $342
-
9 · Other employee benefits
total $2,570 · program services $850 · management and general $1,176 · fundraising $544
-
10 · Payroll taxes
total $11,227 · program services $3,368 · management and general $5,052 · fundraising $2,807
-
11c · Fees: accounting
total $25,148 · management and general $25,148
-
11f · Fees: investment management
total $10,885 · management and general $10,885
-
11g · Fees: other
total $11,265 · management and general $11,265
-
12 · Advertising and promotion
total $10,912 · fundraising $10,912
-
13 · Office expenses
total $13,696 · management and general $3,463 · fundraising $10,233
-
14 · Information technology
total $8,034 · management and general $8,034
-
23 · Insurance
total $3,118 · management and general $3,118
-
24a · Other expenses: DONOR CULTIVATION
total $755 · fundraising $755
-
24e · All other expenses
total $2,969 · management and general $2,969
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,117,709 · end of year $1,707,827
-
11 · Investments: publicly traded securities
beginning of year $1,931,620 · end of year $2,647,443
-
15 · Other assets
beginning of year $82,623 · end of year $95,045
-
27 · Net assets without donor restrictions
beginning of year $1,631,890 · end of year $1,885,970
-
28 · Net assets with donor restrictions
beginning of year $2,500,062 · end of year $2,564,345
Mission and programs · 2023
Mission
THE FOUNDATION FOR THE IOWA CITY COMMUNITY SCHOOL DISTRICT CONNECTS THE COMMUNITY WITH OUR SCHOOLS TO ENSURE EVERY STUDENT HAS EXTRAORDINARY LEARNING EXPERIENCES. TOGETHER WE EMPOWER TEACHERS AND DISTRICT STAFF AND INSPIRE STUDENTS TO LEARN.
-
THE FOUNDATION SOLICITS UNRESTRICTED CONTRIBUTIONS AND MANAGES AND DISTRIBUTES RESTRICTED CONTRIBUTIONS FOR PURPOSES RESTRICTED BY DONORS. IN THE YEAR ENDED JUNE 30, 2024, THE FOUNDATION DISTRIBUTED $936,657 TO THE IOWA CITY COMMUNITY SCHOOL DISTRICT AND OTHER ASSOCIATED GROUPS TO SUPPORT 28 SCHOOLS AND MANY SCHOOL GROUPS WITHIN THE DISTRICT. IN ADDITION, SCHOLARSHIPS AND AWARDS TOTALING $174,650 WERE DISTRIBUTED FOR THE BENEFIT OF 57 RECIPIENTS. THE DISTRIBUTIONS AND SCHOLARSHIPS ENHANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS.
Expenses $1,170,406 · Grants $1,111,307
As filed on the 2023 return.
Listed in Part VII
-
Koch NathanKOCH NATHAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Heiar RyanHEIAR RYAN
PRESIDENT ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Hughes EmilyHUGHES EMILY
TREASURER AND INTERIM SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Henderson AmyHENDERSON AMY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Boge ChristineBOGE CHRISTINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Devaisher LenDEVAISHER LEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Gerlach CadyGERLACH CADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Hammes EmilyHAMMES EMILY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Hicks AndreaHICKS ANDREA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Jensen JanJENSEN JAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Kriz DaveKRIZ DAVE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Lauer MitchellLAUER MITCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Nolte MarkNOLTE MARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Schamberger JoshSCHAMBERGER JOSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Shewmaker ErikSHEWMAKER ERIK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Swanson ChuckSWANSON CHUCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Woods LevarWOODS LEVAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Ebinger LauraEBINGER LAURA
EXECUTIVE DIRECTOR
- Total calculated
- $60,458
- From this org
- $0
- From related orgs
- $52,466
- Other
- $7,992
- 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
-
IOWA CITY COMMUNITY SCHOOL DISTRICT
$936,657
RESTRICTED AND UNRESTRICTED GRANTS AND CONTRIBUTIONS ARE MADE TO THE IOWA CITY COMMUNITY SCHOOL DISTRICT TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN OUR DISTRICT. THE MAJOR AREAS OF SUPPORT ARE: ANY GIVEN CHILD: A UNIQUE FINE ARTS EXPERIENCE FOR EVERY K-8 ICCSD STUDENT (E.G. KINDERTALES, SYMPHONY GOES TO SCHOOL, LIVE ARTS AT HANCHER). SCHOOL OF THE WILD: AN IMMERSIVE OUTSIDE-THE-CLASSROOM WEEK OF OUTDOOR LEARNING FOR ALL 5TH GRADERS IN THE ICCSD. VISITING AUTHOR: AUTHORS ARE SELECTED EACH YEAR TO VISIT THE DISTRICT AND SPEAK WITH STUDENTS ABOUT THEIR WRITING AND EXPERIENCES. BIG AND LITTLE IDEA HUNT GRANTS: GRANTS TO THE DISTRICT TO FUND TEACHER AND STAFF-LED PROJECTS THAT FOSTER INNOVATION IN LEARNING AND COLLABORATION.
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.
-
IOWA CITY COMMUNITY SCHOOL DISTRICT
PAYROLL · IA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 24 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510849349300426
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