Painted Rock School Foundation FY2023 filing

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To raise money to fund school programs, curriculum, and school needs at Painted Rock Elementary School.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $27K a year · 15% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
21 mo
of spending, in cash
Looks good: 21.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $550
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$210K
+40% vs prior year
Spent
$163K
To programs
99%
Net assets
$333K
By yearFY2021–FY2025
Revenue
$210K
FY2023▲ +40%
Tap a bar for its year
Revenue by fiscal year
FY2021$97K
FY2022$150K
FY2023$210K
FY2024$186K
FY2025$261K
Expenses
$163K
FY2023▲ +61%
Tap a bar for its year
Expenses by fiscal year
FY2021$51K
FY2022$101K
FY2023$163K
FY2024$223K
FY2025$231K
Net assets
$333K
FY2023▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2021$238K
FY2022$286K
FY2023$333K
FY2024$296K
FY2025$326K

From the FY2023 Form 990 (year ending June 2023) · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1989.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $161K Management & general 1% · $2K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Principal
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Painted Rock School Foundation executive salaries →

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 school programs, curriculum, and needs at Painted Rock Elementary.

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3 programs · $161K · in their own filed words · FY2022
01

Supplemental salaries for impact, music, and science teachers and tech aide at painted rock elementary school. 675 students, 25 regular teachers, and 15 assistants/specialty teachers.

$116Kprogram expense
02

stem and classroom supplies, teacher appreciation gifts for 36 classrooms at painted rock elementary school. 675 students, 25 regular teachers, and 15 assistants/specialty teachers.

$26Kprogram expense
03

classroom projects, creative arts, school improvements and teacher apppreciation at painted rock elementary school, and track improvement. 675 students, 25 regular teachers, and 15 assistants/specialty teachers.

$19Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$550
Grants paid · 3 grants · $301K · 2020–2022
Painted Rock Elementary SchooFY2022$160,145
Painted Rock Elementary SchooFY2021$97,330
Painted Rock Elementary SchooFY2020$43,569

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$210K
Ln 12
Other incomeLn 4–11$192K
Gifts and grantsLn 1h$17K
Investment incomeLn 3$226
Money outPt IX
$163K
Ln 25
Programscol B$161K
Managementcol C$2K
Owns and owesPt X
$333K
net assets · Ln 32
Cash and savingsLn 1–2$287K
Total assetsLn 16$333K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$17K
Investment incomeLn 3$226
Other incomeLn 4–11$192K
Gains on assetsLn 7$0
Total revenueLn 12$210K
Assets in detailPt X, end of year
CashLn 1$180K
SavingsLn 2$107K
Cash and savings togetherLn 1–2$287K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$333K
LiabilitiesLn 26$0
Net assetsLn 32$333K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$286K$287K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$286K$333K
LiabilitiesLn 26$0$0
Net assetsLn 32$286K$333K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$159K$159K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$205$205
Other expenses (24a–d)Ln 24$2K$2K$2
All other expensesLn 24e$0
Total functional expensesLn 25$163K$161K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Dec 12, 2025 $261K$231K$30K$326K 990 PDF
FY2024Filed with the IRS Nov 8, 2024 $186K$223K−$37K$296K 990 PDF
FY2023 ViewingFiled with the IRS Nov 8, 2023 $210K$163K$47K$333K 990 PDF
FY2022Filed with the IRS Aug 31, 2022 $150K$101K$49K$286K 990 PDF
FY2021Filed with the IRS Sep 9, 2021 $97K$51K$47K$238K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $210,002 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $17,195$17,397
I-9 Program service revenue$0
I-10 Investment incomePrior year $27$226
I-11 Other revenuePrior year $132,476$192,379
I-12 Total revenuePrior year $149,698$210,002
I-13 Grants and similar amounts paidPrior year $97,330$159,395
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,692$3,483
I-18 Total expensesPrior year $101,022$162,878
I-19 Revenue less expensesPrior year $48,676$47,124
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $210,002 across 7 lines filed
VIII-1h Total contributions, gifts and grants$17,397
VIII-3 Investment incomeRelated to mission $226$226
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$192,379
VIII-12 Total revenueRelated to mission $226$210,002
Part IX · Statement of functional expenses $162,878 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $159,395$159,395
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $1,463$1,463
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $205$205
IX-24 Other expenses (24a–d)Programs $1,813 · Management $2$1,815
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $161,208 · Management $1,670 · Fundraising $0$162,878
Part X · Balance sheet $333,338 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $179,480$180,400
X-2 Savings and temporary cash investmentsStart of year $106,734$106,836
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$46,102
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $286,214$333,338
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $286,214$333,338
X-32 Total net assets or fund balancesStart of year $286,214$333,338
X-33 Total liabilities and net assetsStart of year $286,214$333,338
Part XI · Reconciliation of net assets $333,338 net assets at year end
XI-1 Total revenue$210,002
XI-2 Total expenses$162,878
XI-3 Revenue less expenses$47,124
XI-4 Net assets at start of year$286,214
XI-10 Net assets at end of year$333,338

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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