STUDENT ASSISTANCE FOUNDATION FOR EDUCATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
STUDENT ASSISTANCE FOUNDATION FOR EDUCATION (EIN 75-3067322)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-13
IRS object ID
202201339349304190
Schema version
2020v4.1
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)
Return2022-05-13T09:36:37-07:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Tidd Tax & Accounting LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1539 S Chelan AveAddressLine1Txt
CityWenatcheeCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98801ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN753067322EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Student Assistance Foundation for EducationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTUDBusinessNameControlTxt
Phone5096622723PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 N Western AvenueAddressLine1Txt
CityWenatcheeCityNm
State AbbreviationWAStateAbbreviationCd
ZIP988011204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTracy RingeringPersonNm
Person TitleVice PresidentPersonTitleTxt
Phone5096622723PhoneNum
Signature2021-08-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTracyPersonFirstNm
Person LastRingeringPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSteve Tidd CPAPreparerPersonNm
PTINP00452232PTIN
Phone5096625951PhoneNum
Preparation2022-05-13PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTracy RingeringPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13650 Dianna WayAddressLine1Txt
CityWenatcheeCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98801ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$40,051GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionFinancial assistance to qualified students.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,817PYContributionsGrantsAmt
CY Contributions Grants$3,285CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$20,566PYInvestmentIncomeAmt
CY Investment Income$28,938CYInvestmentIncomeAmt
PY Other Revenue$12,830PYOtherRevenueAmt
CY Other Revenue$7,828CYOtherRevenueAmt
PY Total Revenue$35,213PYTotalRevenueAmt
CY Total Revenue$40,051CYTotalRevenueAmt
PY Grants And Similar Paid$70,600PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$50,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$14,331PYOtherExpensesAmt
CY Other Expenses$16,072CYOtherExpensesAmt
PY Total Expenses$84,931PYTotalExpensesAmt
CY Total Expenses$66,072CYTotalExpensesAmt
PY Revenues Less Expenses-$49,718PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$26,021CYRevenuesLessExpensesAmt
Total Assets BOY$1,005,898TotalAssetsBOYAmt
Total Assets EOY$1,228,880TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,005,898NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,228,880NetAssetsOrFundBalancesEOYAmt
MissionFinancial assistance to qualified students.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$66,072ExpenseAmt
Grant$0GrantAmt
Revenue$40,052RevenueAmt
DescFinancial assistance is provided to any and all students attending Cascade Christian Academy and who qualify based upon need.Desc
Total Program Service Expenses$66,072TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
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 OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
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 RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
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)
PersonTracy RingeringPersonNm
Phone5096793074PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 N Western AveAddressLine1Txt
CityWenatcheeCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98801ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Warren Davis
President0.25Yes (X)$0$0$0
Tracy Ringering
Secretary/Treasurer0.25$0$0$0Yes (X)
Jackie Stonas
Director0.25$0$0$0Yes (X)
Stephanie Gates
Director0.25$0$0$0Yes (X)
Julie Savino
Director0.25$0$0$0Yes (X)
Bill Pershall
Director0.25$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$3,285AllOtherContributionsAmt
Total Contributions$3,285TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,938TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,828TotalRevenueColumnAmt
Related Or Exempt Func Income$7,828RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$7,828OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,051TotalRevenueColumnAmt
Related Or Exempt Func Income$36,766RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$50,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$340TotalAmt
Program Services$340ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$15,657TotalAmt
Program Services$15,657ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescLicenses & PermitsDesc
Total$75TotalAmt
Program Services$75ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$66,072TotalAmt
Program Services$66,072ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,005,898BOYAmt
EOY$1,228,880EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,005,898BOYAmt
EOY$1,228,880EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,005,898BOYAmt
EOY$1,228,880EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,005,898BOYAmt
EOY$1,228,880EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,005,898BOYAmt
EOY$1,228,880EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$26,021ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$249,002NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,513CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,431CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,055CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,817CurrentTaxYearMinus1YearAmt
Current Tax Year$3,285CurrentTaxYearAmt
Total$13,101TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,513CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,431CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,055CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,817CurrentTaxYearMinus1YearAmt
Current Tax Year$3,285CurrentTaxYearAmt
Total$13,101TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$13,101PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,035CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,160CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,016CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,566CurrentTaxYearMinus1YearAmt
Current Tax Year$28,938CurrentTaxYearAmt
Total$126,715TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$116,307CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$78,783CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,141CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,182CurrentTaxYearMinus1YearAmt
Current Tax Year$256,830CurrentTaxYearAmt
Total$482,243TotalAmt
FieldValueIRS element (for citing)
Total Support$622,059TotalSupportAmt
Public Support CY1700.02110PublicSupportCY170Pct
Public Support PY1700.04050PublicSupportPY170Pct
Private Foundation170Yes (X)PrivateFoundation170Ind
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePt II Ln 10FormAndLineReferenceDesc
ExplanationOther Income Part II, Line 10 Description: Realized Gain From Investments 2016: 24649. 2017: 48797. 2018: 20323. 2019: 12830. 2020: 7828. Description: Unrealized Gain(Loss) from Investments 2016: 91658. 2017: 29986. 2018: -8182. 2019: 5352. 2020: 249002.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Cascade Christian AcademyBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 N Western AveAddressLine1Txt
CityWenatcheeCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98801ZIPCd
FieldValueIRS element (for citing)
Recipient EIN911520318RecipientEIN
Cash Grant$50,000CashGrantAmt
Purpose Of GrantTuitionPurposeOfGrantTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bForm 990 will be reviewed by all board members via email with unanimous consent.
Pt VI, Line 19Governing documents and financial statements are available on request.
Pt XIRounding

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