Evsc Foundation INC FY2022 filing

Tax-deductible

Evansville, IN501(c)(3)Foundations & GrantmakersEIN 26-2863843

This page gets seen. Tell your story. Claim this org.

The mission of the Evsc Foundation is to enhance educational opportunities through the development of individual and community partnerships which generate the financial resources necessary to support extraordinary learning experiences, ensuring greater student success.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $476K a year · 20% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
18 mo
of spending, in cash
Looks good: 18.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $74K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$55K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
31
of 31 voting members
Looks good: 31 of 31 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
-12% vs prior year
Spent
$1.7M
To programs
79%
Net assets
$6.0M
By yearFY2020–FY2024
Revenue
$1.9M
FY2022▼ -12%
Revenue by fiscal year
FY2020$1.6M
FY2021$2.2M
FY2022$1.9M
FY2023$3.0M
FY2024$3.2M
Expenses
$1.7M
FY2022▲ +18%
Expenses by fiscal year
FY2020$1.2M
FY2021$1.4M
FY2022$1.7M
FY2023$3.0M
FY2024$2.3M
Net assets
$6.0M
FY2022▲ +14%
Net assets by fiscal year
FY2020$4.3M
FY2021$5.2M
FY2022$6.0M
FY2023$6.4M
FY2024$7.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $1.3M Management & general 20% · $343K Fundraising 1% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

31 people listed on the 990.

Part VII, Section A · reportable compensation
Past Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See Evsc Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds extraordinary learning experiences to improve student success through partnerships.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $1.3M · in their own filed words · FY2022
01

School Programs

Includes the hamman funds for needy students, scoreboard sponsorship and affinity card program both to support athletics and academics, athletic training coverage,scholarships, and other various school programs.

$905Kprogram expense
02

Evsc Support Program

The program provides a variety of different forms of general support to evsc. Allocations were used to fund the production of informational materials including the evsc parent calendar and other innovative school pamphlets.

$420Kprogram expense
03

Capital Campaigns

Funds allocated to campaigns were to pay for the new multipurpose complex and renovated athletic training facility at harrison high school; a new led state-of-the-art sign for bosse high school; towards a campaign to honor jerry hoover (retired music educator at north high school) where the proceeds will benefit the performing arts…

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
See all 4 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$316K
Other incomeLn 4–11$36K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.3M
Managementcol C$343K
Fundraisingcol D$11K
Owns and owesPt X
$6.0M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$6.0M
LiabilitiesLn 26$55K
PeoplePt VI, VII
31
listed · VII A
PaidVII A0
Voting boardVI 1a31
IndependentVI 1b31
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$316K
Other incomeLn 4–11$36K
Gains on assetsLn 7$244K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$880K
SavingsLn 2$1.7M
Cash and savings togetherLn 1–2$2.5M
InvestmentsLn 11–13$2.7M
Land, buildings, equipmentLn 10c$778K
Total assetsLn 16$6.0M
LiabilitiesLn 26$55K
Net assetsLn 32$6.0M
OperationsPt I, VI
EmployeesI 513
VolunteersI 6150
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.7M$2.5M
InvestmentsLn 11–13$1.8M$2.7M
Land, buildings, equipmentLn 10c$797K$778K
Total assetsLn 16$5.3M$6.0M
LiabilitiesLn 26$82K$55K
Net assetsLn 32$5.2M$6.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$318K$159K$159K
Other employee benefitsLn 9$22K$11K$11K
Payroll taxesLn 10$28K$14K$14K
Management feesLn 11a$37K$37K
Accounting feesLn 11c$8K$8K
Investment management feesLn 11f$23K$23K
Other fees for servicesLn 11g$57K$780$56K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$6K$6K
Information technologyLn 14$7K$7K
TravelLn 17$210$210
Conferences, conventions and meetingsLn 19$290$290
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$1.2M$1.1M$11K
All other expensesLn 24e$10K$10K
Total functional expensesLn 25$1.7M$1.3M$343K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.2M$2.3M$906K$7.5M 990 PDF
FY2023 $3.0M$3.0M$8K$6.4M 990 PDF
FY2022 Viewing $1.9M$1.7M$265K$6.0M 990 PDF
FY2021 $2.2M$1.4M$779K$5.2M 990 PDF
FY2020 $1.6M$1.2M$423K$4.3M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $1,944,787 across 9 lines filed
VIII-1f All other contributions, gifts and grants$1,593,026
VIII-1h Total contributions, gifts and grants$1,593,026
VIII-3 Investment incomeExcluded from tax $72,536$72,536
VIII-5 RoyaltiesExcluded from tax $23,252$23,252
VIII-6 Net rental income or lossExcluded from tax −$57,989−$57,989
VIII-7 Net gain or loss on sales of assetsRelated to mission $243,688$243,688
VIII-8 Net income from fundraising eventsExcluded from tax $25,740$25,740
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $44,534$44,534
VIII-12 Total revenueRelated to mission $288,222 · Excluded from tax $63,539$1,944,787
Part IX · Statement of functional expenses $1,680,082 across 15 lines filed
IX-7 Other salaries and wagesPrograms $158,896 · Management $158,896$317,792
IX-9 Other employee benefitsPrograms $10,833 · Management $10,834$21,667
IX-10 Payroll taxesPrograms $13,866 · Management $13,866$27,732
IX-11a Management feesManagement $37,364$37,364
IX-11c Accounting feesManagement $8,115$8,115
IX-11f Investment management feesManagement $22,854$22,854
IX-11g Other fees for servicesPrograms $780 · Management $56,295$57,075
IX-12 Advertising and promotionManagement $2,129$2,129
IX-13 Office expensesManagement $6,423$6,423
IX-14 Information technologyManagement $7,494$7,494
IX-17 TravelManagement $210$210
IX-19 Conferences, conventions and meetingsManagement $290$290
IX-23 InsuranceManagement $8,135$8,135
IX-24 Other expenses (24a–d)Programs $1,141,476 · Fundraising $11,157$1,152,633
IX-24e All other expensesManagement $10,169$10,169
IX-25 Total functional expensesPrograms $1,325,851 · Management $343,074 · Fundraising $11,157$1,680,082
Part X · Balance sheet $6,049,824 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,545,714$880,407
X-2 Savings and temporary cash investmentsStart of year $1,120,519$1,664,130
X-3 Pledges and grants receivableStart of year $40,247$40,661
X-9 Prepaid expenses and deferred chargesStart of year $13,365$16,250
X-10c Land, buildings and equipment, netStart of year $797,410$778,465
X-11 Publicly traded securitiesStart of year $1,810,573$2,669,911
X-16 Total assetsStart of year $5,327,828$6,049,824
X-17 Accounts payable and accrued expensesStart of year $67,581$44,100
X-25 Other liabilitiesStart of year $14,357$11,005
X-26 Total liabilitiesStart of year $81,938$55,105
X-27 Net assets without donor restrictionsStart of year $2,149,012$1,845,945
X-28 Net assets with donor restrictionsStart of year $3,096,878$4,148,774
X-32 Total net assets or fund balancesStart of year $5,245,890$5,994,719
X-33 Total liabilities and net assetsStart of year $5,327,828$6,049,824
Part XI · Reconciliation of net assets $5,994,719 net assets at year end
XI-1 Total revenue$1,944,787
XI-2 Total expenses$1,680,082
XI-3 Revenue less expenses$264,705
XI-4 Net assets at start of year$5,245,890
XI-5 Net unrealized gains (losses) on investments−$857,110
XI-9 Other changes in net assets$1,341,234
XI-10 Net assets at end of year$5,994,719

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.