Appleton Education Foundation INC EIN 39-1866090

Appleton Education Foundation INC

EIN  39-1866090 Supporting organization Appleton, WI
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Size
$1–10M
What they do
Enriching community education through creative programs and resources.
Leadership
Shane Kohl · Director
Money in and out
$1.4M revenue, $849K expenses
Bottom line
+39% net inflow

Enriching community education through creative programs and resources. For fiscal year 2024 it reported $1.4M in revenue, $849K in expenses, and $11.3M in net assets.Pt I

Money in and out · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$849K
Pt IX · Ln 25
Net assets
$11.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $548K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.17 Fundraising $0.09
Net inflow
+39%
revenue over expenses, this year▼ -26% vs prior filing year
Pass-through gifts
43%
of revenue from contributions▼ -41% vs prior filing year
Program spending
74%
of expenses reach stated programs▲ +15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▼ -14%
Expenses
$849K
FY2024▲ +11%
Total assets
$12.2M
FY2024▲ +11%
Total liabilities
$889K
FY2024▼ -6%
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$849K
Pt IX · Ln 25
Net assets
$11.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$548K
Total assetsPt X · Ln 16$12.2M
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

2 program services account for $631K of program spending, described in the organization's own filed words · FY2024.
01

Awarded grants totaling over $342,000 to support educational projects and programs benefiting appleton area school district students and staff members, as well as the community. Early childhood development & kindergarten readiness, as well as career based learning continue to be key interest areas. More than $5 million awarded since 1997.

$507Kprogram expense
02

Rented office space to the appleton area school district.

$125Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAppleton Education Foundation INC
EINHdr · item D39-1866090
Principal addressHdr · item CAppleton, WI
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I70)
Ruling yearIRS BMFMay 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Appleton Education Foundation INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$595K · 43%
Investment income$502K · 36%
Program service revenue$271K · 19%
Other revenue$29K · 2%
Contributions & grants43%$595K
Investment income36%$502K
Program service revenue19%$271K
Other revenue2%$29K
— government grantsLn 1e$12K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.17 Fundraising $0.09
Program services74%$631K
Management & general17%$142K
Fundraising9%$76K
Total functional expensesLn 25$849K

Balance Sheet

Part X · end of year
CashLn 1$6K
Total assetsLn 16$12.2M
Total liabilitiesLn 26$889K
Total net assetsLn 32$11.3M
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $10.7M · Operating expenses (Pt IX) $849K · Less non-cash grants $5K · Cash operating expenses/yr $845K
151.5 months
Where the money goes
Program services
Program services $631K · Total expenses $849K
74%
Management & General
Management & general $142K · Total expenses $849K
17%
Fundraising
Fundraising $76K · Total expenses $849K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $76K · Solicited contributions (3-yr avg) $755K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $595K · Total revenue $1.4M
43%
Government reliance
Government grants $12K · Total revenue $1.4M
1%
Earned-income share
Program service revenue $271K · Total revenue $1.4M
19%
Investment reliance
Investment income $502K · Total revenue $1.4M
+36%
Program self-sufficiency
Program service revenue $271K · Total expenses $849K
32%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $1.6M
-14%
Revenue CAGR
FY2019 $583K · FY2024 $1.4M
+19%
Net-asset trend (YoY)
End of year $11.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $849K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $12.2M
Net-asset ratio
Net assets $11.3M · Total assets $12.2M
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.4M · Other securities (Pt X, ln 12) $7.3M · Total assets (Pt X, ln 16) $12.2M
87%
People & payroll
Highest Reported Total Compensation
Individual Shane Kohl · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $849K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $254K · Total expenses $849K
30%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 17%
Fundraising cost ratio 13%
Revenue growth -14%
Investment management fee ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 19 grants · $1.4M · 2019–2024
Appleton Area School DistrictFY2024$297,923
Unitemized GrantFY2024$23,650
Appleton Area School DistrictFY2023$250,548
Unitemized GrantFY2023$20,498
Care Fox CitiesCA · FY2023$11,000
The Building for Kids INCWI · FY2023$10,000
Appleton Area School DistrictFY2022$158,456
Mielke Family Foundation INCWI · FY2022$46,444
Unitemized GrantFY2022$17,300
Valley New School INCWI · FY2022$14,659
Appleton Area School DistrictFY2021$100,966
Unitemized GrantFY2021$12,975
Valley New School INCWI · FY2021$8,383
Appleton Area School DistrictFY2020$177,209
Unitemized GrantFY2020$13,300
Appleton Area School DistrictFY2019$173,736
See all 19 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.4M revenue · viewing · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$778K revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$583K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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