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WATERLOO COMMUNITY SCHOOLS FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
WATERLOO COMMUNITY SCHOOLS FOUNDATION (EIN 42-1364293)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-10-29
IRS object ID
202423039349300407
Schema version
2023v5.1
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)
Return2024-10-29T02:25:05-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN471019942PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CREATIVE PLANNING TAX LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 E PARK AVE STE 300AddressLine1Txt
CityWATERLOOCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50703ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN421364293EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WATERLOO COMMUNITY SCHOOLS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWATEBusinessNameControlTxt
Phone3192140134PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 TOWER PARK DRIVE 106AddressLine1Txt
CityWATERLOOCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHANNAH LUCEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3192140134PhoneNum
Signature2024-10-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN ARONSON CPAPreparerPersonNm
PTINP01425251PTIN
Phone3192346885PhoneNum
Preparation2024-10-25PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerHANNAH LUCEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 TOWER PARK DRIVE 106AddressLine1Txt
CityWATERLOOCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50701ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$661,426GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WCSFOUNDATION.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1989FormationYr
Legal Domicile StateIALegalDomicileStateCd
Activity Or MissionSERVING AS A CATALYST FOR EDUCATIONAL EXCELLENCE AND PRIDE IN THE WATERLOO SCHOOL DISTRICT.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers52TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$286,117PYContributionsGrantsAmt
CY Contributions Grants$549,811CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$12,053PYInvestmentIncomeAmt
CY Investment Income$32,033CYInvestmentIncomeAmt
PY Other Revenue-$13,130PYOtherRevenueAmt
CY Other Revenue-$7,862CYOtherRevenueAmt
PY Total Revenue$285,040PYTotalRevenueAmt
CY Total Revenue$573,982CYTotalRevenueAmt
PY Grants And Similar Paid$92,534PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$181,792CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$113,014PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$136,703CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$116,082CYTotalFundraisingExpenseAmt
PY Other Expenses$35,249PYOtherExpensesAmt
CY Other Expenses$36,381CYOtherExpensesAmt
PY Total Expenses$240,797PYTotalExpensesAmt
CY Total Expenses$354,876CYTotalExpensesAmt
PY Revenues Less Expenses$44,243PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$219,106CYRevenuesLessExpensesAmt
Total Assets BOY$1,253,311TotalAssetsBOYAmt
Total Assets EOY$1,496,847TotalAssetsEOYAmt
Total Liabilities BOY$181,151TotalLiabilitiesBOYAmt
Total Liabilities EOY$146,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,072,160NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,350,847NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO FUND, INSPIRE AND PROMOTE EDUCATIONAL OPPORTUNITIES FOR ALL IN THE WATERLOO SCHOOLS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$199,839ExpenseAmt
Grant$181,792GrantAmt
DescTHE WATERLOO COMMUNITY SCHOOLS FOUNDATION (WSF) IS A 501(C)3 NONPROFIT ORGANIZATION THAT EXISTS TO ENHANCE ACADEMIC OPPORTUNITIES IN THE WATERLOO COMMUNITY SCHOOLS DISTRICT (WCSD). THE WSF SOLICITS FUNDING FROM LOCAL BUSINESSES, ORGANIZATIONS, HOUSEHOLDS, AND OTHER PRIVATE ENTITIES TO SUSTAIN THEIR MISSION AND ENSURE ONGOING COMMUNITY SUPPORT FOR THE SUCCESS OF WATERLOO'S PUBLIC EDUCATION. FUNDING IS DISTRIBUTED IN 3 AREAS; 1) DISTRICT INITIATIVES, WHICH ARE LARGE-SCALE ANNUAL PROJECTS PRIORITIZED BY THE SUPERINTENDENT AND WCSD BOARD OF EDUCATION 2) TEACHER GRANTS, WHICH BRING INNOVATIVE TEACHING AND LEARNING TO CLASSROOMS ACROSS THE WCSD AND 3) STUDENT GRANTS THAT BRIDGE FINANCIAL GAPS FOR STUDENTS TO ATTEND AND EXPERIENCE UNIQUE INDIVIDUAL LEARNING OPPORTUNITIES OUTSIDE OF THE CLASSROOM. OVER THE LAST 14 YEARS, THE WSF HAS PLEDGED AND GIFTED OVER $2.5 MILLION TO SUPPORT 12 DISTRICT INITIATIVES, 121 TEACHER GRANTS, AND 72 STUDENT GRANTS.Desc
Total Program Service Expenses$199,839TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings0DAFExcessBusinessHoldingsInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3192140134PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 TOWER PARK DRAddressLine1Txt
CityWATERLOOCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50701ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
HANNAH LUCE
EXECUTIVE DIRECTOR40.00Yes (X)$69,053$0$8,676
SHANTE WALLICAN-NESBIT
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
KATE REICHERTS
PAST PRESIDENT0.50Yes (X)$0$0$0Yes (X)
ADIJAN ABDIC
VICE-PRESIDENT1.00Yes (X)$0$0$0Yes (X)
KINON O'NEAL
SECRETARY1.00Yes (X)$0$0$0Yes (X)
ANNA CAUGHRON
DIRECTOR0.50$0$0$0Yes (X)
AMELA CJEVANOVIC
DIRECTOR0.50$0$0$0Yes (X)
BRENA HUBER
DIRECTOR0.50$0$0$0Yes (X)
LORI JOHNSON
DIRECTOR0.50$0$0$0Yes (X)
TIFFINI KIELER
DIRECTOR0.50$0$0$0Yes (X)
JAY KOWEIL
DIRECTOR0.50$0$0$0Yes (X)
MELISSA LUDWIG
DIRECTOR0.50$0$0$0Yes (X)
JODI MINARD
DIRECTOR0.50$0$0$0Yes (X)
BERNICE RICHARD
DIRECTOR0.50$0$0$0Yes (X)
ANDY RICHTER
DIRECTOR0.50$0$0$0Yes (X)
KALOLA ROBY
DIRECTOR0.50$0$0$0Yes (X)
JILLIAN RUTLEDGE
DIRECTOR0.50$0$0$0Yes (X)
MANECA SEENSTER
DIRECTOR0.50$0$0$0Yes (X)
CHUCK SHIREY
DIRECTOR0.50$0$0$0Yes (X)
DENISE THROWER
DIRECTOR0.50$0$0$0Yes (X)
CHRIS WENDLAND
DIRECTOR0.50$0$0$0Yes (X)
AL YU
DIRECTOR0.50$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$69,053TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$8,676TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$12,538FundraisingAmt
All Other Contributions$537,273AllOtherContributionsAmt
Noncash Contributions$16,807NoncashContributionsAmt
Total Contributions$549,811TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,246TotalRevenueColumnAmt
Exclusion$24,246ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$82,776SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$74,989SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$7,787SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,787TotalRevenueColumnAmt
Exclusion$7,787ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$4,593FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$12,538ContriRptFundraisingEventAmt
Fundraising Direct Expenses$12,455FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$7,862TotalRevenueColumnAmt
Exclusion-$7,862ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$573,982TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$24,171ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$168,912TotalAmt
Program Services$168,912ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$12,880TotalAmt
Program Services$12,880ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$78,066TotalAmt
Program Services$7,807ProgramServicesAmt
Management And General$15,614ManagementAndGeneralAmt
Fundraising$54,645FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$48,300TotalAmt
Program Services$4,830ProgramServicesAmt
Fundraising$43,470FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,449TotalAmt
Program Services$145ProgramServicesAmt
Fundraising$1,304FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,888TotalAmt
Program Services$889ProgramServicesAmt
Management And General$1,778ManagementAndGeneralAmt
Fundraising$6,221FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,940TotalAmt
Management And General$10,940ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$3,331TotalAmt
Management And General$3,331ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$712TotalAmt
Management And General$712ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,951TotalAmt
Fundraising$1,951FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,134TotalAmt
Program Services$713ProgramServicesAmt
Management And General$1,427ManagementAndGeneralAmt
Fundraising$4,994FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,500TotalAmt
Program Services$350ProgramServicesAmt
Management And General$700ManagementAndGeneralAmt
Fundraising$2,450FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,086TotalAmt
Management And General$1,086ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,289TotalAmt
Management And General$2,289ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$28TotalAmt
Management And General$28ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$753TotalAmt
Management And General$753ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,657TotalAmt
Program Services$3,313ProgramServicesAmt
Management And General$297ManagementAndGeneralAmt
Fundraising$1,047FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$354,876TotalAmt
Program Services$199,839ProgramServicesAmt
Management And General$38,955ManagementAndGeneralAmt
Fundraising$116,082FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$534,649BOYAmt
EOY$670,023EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$77,195BOYAmt
EOY$82,365EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,817LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,817LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$641,467BOYAmt
EOY$744,459EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,253,311BOYAmt
EOY$1,496,847EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,151BOYAmt
EOY$0EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$180,000BOYAmt
EOY$146,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$181,151BOYAmt
EOY$146,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$115,082BOYAmt
EOY$176,403EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$957,078BOYAmt
EOY$1,174,444EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,072,160BOYAmt
EOY$1,350,847EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,253,311BOYAmt
EOY$1,496,847EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$219,106ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$59,581NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$267,674CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$452,183CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$315,550CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$286,117CurrentTaxYearMinus1YearAmt
Current Tax Year$549,811CurrentTaxYearAmt
Total$1,871,335TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$267,674CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$452,183CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$315,550CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$286,117CurrentTaxYearMinus1YearAmt
Current Tax Year$549,811CurrentTaxYearAmt
Total$1,871,335TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$558,856SubstantialContributorsTotAmt
Public Support Total170$1,312,479PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,460CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,946CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29,066CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,053CurrentTaxYearMinus1YearAmt
Current Tax Year$24,246CurrentTaxYearAmt
Total$70,771TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,402CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,450CurrentTaxYearMinus1YearAmt
Total$3,852TotalAmt
FieldValueIRS element (for citing)
Total Support$1,945,958TotalSupportAmt
Public Support CY1700.67450PublicSupportCY170Pct
Public Support PY1700.67990PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FUNDRAISING INCOME - 2021 AMOUNT: $ 1,402. 2022 AMOUNT: $ 2,450.
SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:DESCRIPTION: CASH DATE: 06/17/19 AMOUNT: 105917. DESCRIPTION: CASH DATE: 10/03/19 AMOUNT: 194083. DESCRIPTION: CASH DATE: 09/05/19 AMOUNT: 312814. DESCRIPTION: CASH DATE: 06/30/21 AMOUNT: 164532. DESCRIPTION: CASH DATE: 09/27/21 AMOUNT: 133220.

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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held1DonorAdvisedFundsHeldCnt
Donor Advised Funds Vl EOY$52,418DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl0DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps0DisclosedForCharitablePrpsInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$152,535BeginningYearBalanceAmt
Investment Earnings Or Losses$19,118InvestmentEarningsOrLossesAmt
End Year Balance$171,653EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$158,596BeginningYearBalanceAmt
Investment Earnings Or Losses-$6,061InvestmentEarningsOrLossesAmt
End Year Balance$152,535EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$159,470BeginningYearBalanceAmt
Investment Earnings Or Losses-$849InvestmentEarningsOrLossesAmt
Other Expenditures$25OtherExpendituresAmt
End Year Balance$158,596EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$134,330BeginningYearBalanceAmt
Contributions$22,310ContributionsAmt
Investment Earnings Or Losses$2,830InvestmentEarningsOrLossesAmt
End Year Balance$159,470EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$131,816BeginningYearBalanceAmt
Investment Earnings Or Losses$2,514InvestmentEarningsOrLossesAmt
End Year Balance$134,330EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.31300BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.68700TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,817OtherCostOrOtherBasisAmt
Depreciation$13,817DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTHE USE OF THE ENDOWMENT FUNDS IS BASED ON THE WISHES OF THE DONOR (WITH DONOR RESTRICTIONS) OR THE BOARD (WITHOUT DONOR RESTRICTIONS).ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
WATERLOO COMMUNITY SCHOOL DISTRICT
1516 WASHINGTON STWATERLOOIA50702421364293$156,712$0PURCHASE OF EDUCATIONAL EQUIPMENT AND STUDENT PROGRAM SUPPORT.
GALLAGHER BLUEDORN PERFORMING ARTS
204 COMMONSCEDAR FALLSIA50614426058591$9,700$0SUPPORT FOR ARTS IGNITE

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeGRANTS ARE AWARDED TO STUDENTS FOR PROJECTS INCLUDING COMPETITIONS AND ACADEMIC TRAVEL WHICH PREPARES THEM FOR SUCCESS IN COLLEGE, CAREER AND CITIZENSHIPGrantTypeTxt
Recipient55RecipientCnt
Cash Grant$12,880CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS ARE BASED ON SUBMITTED PROPOSALS TO THE FOUNDATION AND ARE COST REIMBURSEMENT BASED. GRANT AWARDS ARE ISSUED AFTER RECIPIENTS SUBMIT ACTUAL COSTS SUPPORTING THE REQUEST.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA DRAFT COPY OF THE FORM 990 WAS REVIEWED BY THE EXECUTIVE DIRECTOR, TREASURER AND PRESIDENT AND PROVIDED TO THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE POLICY IS MONITORED BY REVIEWING THE SUBJECT MATTER AND, IF APPROPRIATE, THE BOARD MEMBER WILL REFRAIN FROM DISCUSSION AND ABSTAIN FROM VOTING. ALL BOARD AND EXECUTIVE COMMITTEE MEETING AGENDAS INCLUDE AN ITEM ADDRESSING CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE COMMITTEE DOES AN ANNUAL EVALUATION OF PERFORMANCE. FORMAL EVALUATIONS ARE PREPARED BY DESIGNATED INDIVIDUALS, INCLUDING THE EXECUTIVE DIRECTOR. SALARY AND BENEFITS ARE BASED UPON PERFORMANCE. COMPENSATION IS DETERMINED USING COMPENSATION OF OTHER SIMILAR FOUNDATIONS WITHIN THE COMMUNITY AND STATE OF IOWA. DOCUMENTATION OF THE REVIEW PROCESS IS INCLUDED IN THE EXECUTIVE DIRECTORS PERSONNEL FILE.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS , CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST

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