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WATERLOO COMMUNITY SCHOOLS FOUNDATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
WATERLOO COMMUNITY SCHOOLS FOUNDATION (EIN 42-1364293)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-02-02
IRS object ID
202100339349301550
Schema version
2019v5.1
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)
Return2021-02-02T15:46:42-06:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411431613PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BERGANKDV LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2100AddressLine1Txt
CityWATERLOOCityNm
State AbbreviationIAStateAbbreviationCd
ZIP507042100ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

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
Phone3199399550PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 TOWER PARK DRIVE NO 106AddressLine1Txt
CityWATERLOOCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEMILY HANSONPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3199399550PhoneNum
Signature2021-01-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN ARONSON CPAPreparerPersonNm
PTINP01425251PTIN
Phone3192346885PhoneNum
Preparation2021-01-15PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEMILY HANSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 TOWER PARK DRIVE NO 106AddressLine1Txt
CityWATERLOOCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50701ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$777,031GrossReceiptsAmt
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 Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$351,264PYContributionsGrantsAmt
CY Contributions Grants$774,571CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$3,639PYInvestmentIncomeAmt
CY Investment Income$2,460CYInvestmentIncomeAmt
PY Other Revenue-$8,264PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$346,639PYTotalRevenueAmt
CY Total Revenue$777,031CYTotalRevenueAmt
PY Grants And Similar Paid$221,140PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$284,806CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$88,207PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$87,378CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$69,565CYTotalFundraisingExpenseAmt
PY Other Expenses$25,541PYOtherExpensesAmt
CY Other Expenses$35,258CYOtherExpensesAmt
PY Total Expenses$334,888PYTotalExpensesAmt
CY Total Expenses$407,442CYTotalExpensesAmt
PY Revenues Less Expenses$11,751PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$369,589CYRevenuesLessExpensesAmt
Total Assets BOY$460,273TotalAssetsBOYAmt
Total Assets EOY$843,408TotalAssetsEOYAmt
Total Liabilities BOY$7,179TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,725TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$453,094NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$822,683NetAssetsOrFundBalancesEOYAmt
MissionTO FUND, INSPIRE AND PROMOTE EDUCATIONAL OPPORTUNITIES FOR ALL IN THE WATERLOO SCHOOLS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$294,210ExpenseAmt
Grant$284,806GrantAmt
DescTHE WATERLOO COMMUNITY SCHOOLS FOUNDATION RAISES FUNDS WHICH ARE USED TO ENCOURAGE AND PROMOTE THE IMPROVEMENT OF THE QUALITY OF EDUCATION WITHIN THE WATERLOO COMMUNITY SCHOOL DISTRICT. THE WATERLOO COMMUNITY SCHOOLS FOUNDATION PROVIDES (1)A MECHANISM FOR CONTRIBUTIONS TO BE ALLOCATED TO WORTHWHILE CHARITABLE AND EDUCATIONAL PROGRAMS AND FACILITIES; (2) A VEHICLE FOR SOLICITATION, ACCUMULATION, INVESTMENT, OTHER MANAGEMENT, AND DISTRIBUTION OF SUCH RESOURCES FOR IDENTIFIED NEEDS AND PURPOSES; AND (3) AN INCREASE IN COMMUNITY INVOLVEMENT WITH AND SUPPORT FOR THE WATERLOO COMMUNITY SCHOOL DISTRICT BY ENGOURAGING OPEN COMMUNICATION BETWEEN THE COMMUNITY AND THE DISTRICT ON MATTERS OF MUTUAL CONCERN, AND BY INCREASING COMMUNITY CONFIDENCE IN THE WATERLOO COMMUNITY SCHOOL DISTRICT.Desc
Total Program Service Expenses$294,210TotalProgramServiceExpensesAmt
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 Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
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 Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
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 Line1EMILY HANSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3199399550PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
EMILY HANSON
EXECUTIVE DIRECTOR40.00Yes (X)$63,048$0$5,914
KATE REICHERTS
DIRECTOR0.50$0$0$0Yes (X)
BERNICE RICHARD
DIRECTOR0.50$0$0$0Yes (X)
CHUCK SHIREY
DIRECTOR0.50$0$0$0Yes (X)
KALOLA ROBY
DIRECTOR0.50$0$0$0Yes (X)
RHONDA MCRINA
DIRECTOR0.50$0$0$0Yes (X)
JANET LOCKE
DIRECTOR0.50$0$0$0Yes (X)
JAY KOWEIL
DIRECTOR0.50$0$0$0Yes (X)
TIFFINI KIELER
DIRECTOR0.50$0$0$0Yes (X)
LORI JOHNSON
DIRECTOR0.50$0$0$0Yes (X)
ANNA CAUGHRON
DIRECTOR0.50$0$0$0Yes (X)
JOHN BERRY
DIRECTOR0.50$0$0$0Yes (X)
RENEE CHRISTOFFER
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
KRISTIN STANFORD
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
ANN RICHTER
TREASURER1.00Yes (X)$0$0$0Yes (X)
MIKE WALDEN
SECRETARY1.00Yes (X)$0$0$0Yes (X)
SHAWNA BUCKLEY
PAST PRESIDENT1.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$63,048TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,914TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$774,571AllOtherContributionsAmt
Total Contributions$774,571TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,460TotalRevenueColumnAmt
Exclusion$2,460ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$777,031TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,460ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$277,936TotalAmt
Program Services$277,936ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$6,870TotalAmt
Program Services$6,870ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$70,326TotalAmt
Program Services$7,032ProgramServicesAmt
Management And General$14,066ManagementAndGeneralAmt
Fundraising$49,228FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,276TotalAmt
Program Services$1,128ProgramServicesAmt
Management And General$2,255ManagementAndGeneralAmt
Fundraising$7,893FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,776TotalAmt
Program Services$578ProgramServicesAmt
Management And General$1,155ManagementAndGeneralAmt
Fundraising$4,043FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,001TotalAmt
Management And General$8,001ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,639TotalAmt
Management And General$8,639ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,167TotalAmt
Fundraising$2,167FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,129TotalAmt
Program Services$461ProgramServicesAmt
Management And General$922ManagementAndGeneralAmt
Fundraising$4,746FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$550TotalAmt
Program Services$55ProgramServicesAmt
Management And General$110ManagementAndGeneralAmt
Fundraising$385FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,100TotalAmt
Management And General$2,100ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,647TotalAmt
Management And General$4,647ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,473TotalAmt
Management And General$1,473ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,552TotalAmt
Program Services$150ProgramServicesAmt
Management And General$299ManagementAndGeneralAmt
Fundraising$1,103FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$407,442TotalAmt
Program Services$294,210ProgramServicesAmt
Management And General$43,667ManagementAndGeneralAmt
Fundraising$69,565FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$57,381BOYAmt
EOY$436,936EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$152,317BOYAmt
EOY$404,972EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$575BOYAmt
EOY$1,500EOYAmt
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 Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$250,000BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$460,273BOYAmt
EOY$843,408EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,179BOYAmt
EOY$3,825EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$16,900EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,179BOYAmt
EOY$20,725EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$120,119BOYAmt
EOY$134,906EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$332,975BOYAmt
EOY$687,777EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$453,094BOYAmt
EOY$822,683EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$460,273BOYAmt
EOY$843,408EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$369,589ReconcilationRevenueExpnssAmt
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$182,448CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$239,591CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$208,793CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$245,347CurrentTaxYearMinus1YearAmt
Current Tax Year$267,674CurrentTaxYearAmt
Total$1,143,853TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$182,448CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$239,591CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$208,793CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$245,347CurrentTaxYearMinus1YearAmt
Current Tax Year$267,674CurrentTaxYearAmt
Total$1,143,853TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$364,943SubstantialContributorsTotAmt
Public Support Total170$778,910PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,349CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,610CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,980CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,639CurrentTaxYearMinus1YearAmt
Current Tax Year$2,460CurrentTaxYearAmt
Total$25,038TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,359CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,790CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,050CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,900CurrentTaxYearMinus1YearAmt
Total$14,099TotalAmt
FieldValueIRS element (for citing)
Total Support$1,182,990TotalSupportAmt
Public Support CY1700.65840PublicSupportCY170Pct
Public Support PY1700.70530PublicSupportPY170Pct
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 - 2015 AMOUNT: $ 5,359. 2016 AMOUNT: $ 4,790. 2017 AMOUNT: $ 2,050. 2018 AMOUNT: $ 1,900.
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.

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$22,181DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl0DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps0DisclosedForCharitablePrpsInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$131,816BeginningYearBalanceAmt
Investment Earnings Or Losses$2,514InvestmentEarningsOrLossesAmt
End Year Balance$134,330EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$129,954BeginningYearBalanceAmt
Investment Earnings Or Losses$2,482InvestmentEarningsOrLossesAmt
Grants Or Scholarships$620GrantsOrScholarshipsAmt
End Year Balance$131,816EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$123,567BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Investment Earnings Or Losses$2,387InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,000GrantsOrScholarshipsAmt
End Year Balance$129,954EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$111,830BeginningYearBalanceAmt
Contributions$9,700ContributionsAmt
Investment Earnings Or Losses$2,701InvestmentEarningsOrLossesAmt
Grants Or Scholarships$600GrantsOrScholarshipsAmt
Administrative Expenses$64AdministrativeExpensesAmt
End Year Balance$123,567EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$102,106BeginningYearBalanceAmt
Contributions$10,000ContributionsAmt
Investment Earnings Or Losses$1,246InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,507GrantsOrScholarshipsAmt
Administrative Expenses$15AdministrativeExpensesAmt
End Year Balance$111,830EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.37200BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY0.62800TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
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 UNRESTRICTED AND TEMPORARY RESTRICTED ENDOWMENT FUNDS IS BASED ON THE WISHES OF THE DONOR(RESTRICTED) OR THE BOARD(UNRESTRICTED).ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1WATERLOO COMMUNITY SCHOOL DISTRICTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11516 WASHINGTON STAddressLine1Txt
CityWATERLOOCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50702ZIPCd
FieldValueIRS element (for citing)
Recipient EIN421364293RecipientEIN
Cash Grant$276,507CashGrantAmt
Purpose Of GrantPURCHASE OF EDUCATIONAL EQUIPMENT AND STUDENT PROGRAM SUPPORT.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

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
Recipient25RecipientCnt
Cash Grant$6,870CashGrantAmt

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 TREASURER AND PRESIDENT. A FINAL COPY OF THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS.
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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