PUBLIC EDUCATION FOUNDATION OF VALPARAISO INDIANA INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
PUBLIC EDUCATION FOUNDATION OF VALPARAISO INDIANA INC (EIN 20-8926696)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-06-17
IRS object ID
202411699349301316
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-06-17T13:20:30-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN352067285PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DONALD L HARVEY CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1602 EAST LINCOLNWAYAddressLine1Txt
CityVALPARAISOCityNm
State AbbreviationINStateAbbreviationCd
ZIP463835728ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208926696EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PUBLIC EDUCATION FOUNDATION OFBusinessNameLine1Txt
Business Name Line2VALPARAISO INBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPUBLBusinessNameControlTxt
Phone2194624334PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13801 N CAMPBELL STREETAddressLine1Txt
CityVALPARAISOCityNm
State AbbreviationINStateAbbreviationCd
ZIP46385ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICK URSCHELPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2194766131PhoneNum
Signature2024-06-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRICKPersonFirstNm
Person LastURSCHELPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDONALD L HARVEY CPAPreparerPersonNm
PTINP01223695PTIN
Phone2194653968PhoneNum
Preparation2024-06-11PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRICK URSCHELPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12053 WALKER DRIVEAddressLine1Txt
CityVALPARAISOCityNm
State AbbreviationINStateAbbreviationCd
ZIP46385ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$208,744GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionTO SECURE FUNDING, GIFTS, AND BEQUESTS TO SUPPORT, PROMOTE, AND ADVANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF VALPARAISO COMMUNITY SCHOOLS; GRANT SCHOLARSHIPS TO HELP GRADUATES OF VALPARAISO HIGH SCHOOL ATTAIN THEIR HIGHER EDUCATION GOALS; AND PROVIDE FUNDS FOR THE DEVELOPMENT AND IMPLEMENTATION OF ACADEMIC CLASSROOM PROJECTS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$65,824PYContributionsGrantsAmt
CY Contributions Grants$99,240CYContributionsGrantsAmt
PY Program Service Revenue$77,104PYProgramServiceRevenueAmt
CY Program Service Revenue$96,157CYProgramServiceRevenueAmt
PY Investment Income-$49,522PYInvestmentIncomeAmt
CY Investment Income$13,347CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$93,406PYTotalRevenueAmt
CY Total Revenue$208,744CYTotalRevenueAmt
PY Grants And Similar Paid$200,570PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$153,221CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,952CYTotalFundraisingExpenseAmt
PY Other Expenses$49,778PYOtherExpensesAmt
CY Other Expenses$55,132CYOtherExpensesAmt
PY Total Expenses$250,348PYTotalExpensesAmt
CY Total Expenses$208,353CYTotalExpensesAmt
PY Revenues Less Expenses-$156,942PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$391CYRevenuesLessExpensesAmt
Total Assets BOY$309,359TotalAssetsBOYAmt
Total Assets EOY$226,945TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$309,359NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$226,945NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO SECURE FUNDING, GIFTS, AND BEQUESTS TO SUPPORT, PROMOTE, AND ADVANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF VALPARAISO COMMUNITY SCHOOLS; GRANT SCHOLARSHIPS TO HELP GRADUATES OF VALPARAISO HIGH SCHOOL ATTAIN THEIR HIGHER EDUCATION GOALS; AND PROVIDE FUNDS FOR THE DEVELOPMENT AND IMPLEMENTATION OF ACADEMIC CLASSROOM PROJECTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$154,904ExpenseAmt
Grant$153,221GrantAmt
DescPROVIDE 49 SCHOLARSHIP AWARDS PROVIDE GRANTS TO INDIVIDUALSDesc
Total Program Service Expenses$154,904TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNATALIEPersonNm
Phone2194624334PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1153 HARRISON BLVDAddressLine1Txt
CityVALPARAISOCityNm
State AbbreviationINStateAbbreviationCd
ZIP46383ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JON HILDEBRAND
VICE PRESIDEYes (X)$0$0$0
KELLEY JONES
SECRETARYYes (X)$0$0$0
NATALIE
TREASURERYes (X)$0$0$0
RICK URSCHEL
PRESIDENTYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$99,240AllOtherContributionsAmt
Total Contributions$99,240TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
GOLF OUTING$37,907$37,907
AMAZING RACE INCOME$24,737$24,737
MAJOR SAVER$22,575$22,575
LEGACY WALK$7,771$7,771
LICENSE PLATES$1,508$1,508

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,659TotalRevenueColumnAmt
Exclusion$1,659ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$96,157TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,347TotalRevenueColumnAmt
Related Or Exempt Func Income$13,347RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$208,744TotalRevenueColumnAmt
Related Or Exempt Func Income$13,347RelatedOrExemptFuncIncomeAmt
Exclusion$96,157ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$153,221TotalAmt
Program Services$153,221ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$32,000TotalAmt
Management And General$32,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$540TotalAmt
Management And General$540ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,683TotalAmt
Program Services$1,683ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$539TotalAmt
Management And General$539ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$238TotalAmt
Management And General$238ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,180TotalAmt
Management And General$2,180ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescGOLF OUTINGDesc
Total$17,952TotalAmt
Fundraising$17,952FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$208,353TotalAmt
Program Services$154,904ProgramServicesAmt
Management And General$35,497ManagementAndGeneralAmt
Fundraising$17,952FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$309,359BOYAmt
EOY$226,945EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$309,359BOYAmt
EOY$226,945EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$309,359BOYAmt
EOY$226,945EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$309,359BOYAmt
EOY$226,945EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$309,359BOYAmt
EOY$226,945EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$391ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$82,805OtherChangesInNetAssetsAmt
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Community TrustYes (X)CommunityTrustInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$66,571CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$59,784CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67,097CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$65,824CurrentTaxYearMinus1YearAmt
Current Tax Year$99,240CurrentTaxYearAmt
Total$358,516TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$66,571CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$59,784CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67,097CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$65,824CurrentTaxYearMinus1YearAmt
Current Tax Year$99,240CurrentTaxYearAmt
Total$358,516TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$358,516PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1CurrentTaxYearMinus4YearsAmt
Total$1TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$78,519CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$80,718CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$188,677CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$77,104CurrentTaxYearMinus1YearAmt
Current Tax Year$96,157CurrentTaxYearAmt
Total$521,175TotalAmt
FieldValueIRS element (for citing)
Total Support$879,692TotalSupportAmt
Gross Receipts Rltd Activities$8,098GrossReceiptsRltdActivitiesAmt
Public Support CY1700.40750PublicSupportCY170Pct
Public Support PY1700.36150PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationOTHER INCOME 425,018ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (11 entries)

Grant TypeGrantTypeTxtCash GrantCashGrantAmt
AMAZING RACE$479
SCHOLARSHIP AWARDS$85,500
ACADEMIC LETTER$2,670
VCS GRANTS$11,000
MAJOR SAVER$6,020
GRANT EXPENSES - OTHER$166
LEGACY WALK$2,510
MEMBERSHIP DUES$862
MOST VALUABLE VIKING$2,979
TEACHER GRANTS$39,885
VHS ATHLETICS PASSTHROUGH$1,150

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTO SECURE FUNDING, GIFTS, AND BEQUESTS TO SUPPORT, PROMOTE, AND ADVANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF VALPARAISO COMMUNITY SCHOOLS; GRANT SCHOLARSHIPS TO HELP GRADUATES OF VALPARAISO HIGH SCHOOL ATTAIN THEIR HIGHER EDUCATION GOALS; AND PROVIDE FUNDS FOR THE DEVELOPMENT AND IMPLEMENTATION OF ACADEMIC CLASSROOM PROJECTS.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART XI, LINE 9BANK/BOOK ADJUSTMENT -82,805

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