Appleton Education Foundation INC FY2021 filing

Tax-deductible

Appleton, WI501(c)(3)Crime & LegalEIN 39-1866090Revenue $1.1M in FY2021

On file with the IRSappletoneducationfoundation.org122 E College Ave 1-B, 54911-5741 · Appleton, WITax-exempt since May 1997Supporting org, Type I — 509(a)(3)

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To creatively enhance Education in the community.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
4 of 5
filings with a surplus
Average surplus $451K a year · 41% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $227K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$43K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-3% vs prior year
Spent
$301K
To programs
66%
Net assets
$8.9M
By yearFY2020–FY2024
Revenue
$1.1M
FY2021▼ -3%
Revenue by fiscal year
FY2020$583K
FY2021$1.2M
FY2021$1.1M
FY2022$778K
FY2023$1.6M
FY2024$1.4M
Expenses
$301K
FY2021▼ -42%
Expenses by fiscal year
FY2020$584K
FY2021$519K
FY2021$301K
FY2022$575K
FY2023$764K
FY2024$849K
Net assets
$8.9M
FY2021▲ +12%
Net assets by fiscal year
FY2020$6.4M
FY2021$8.0M
FY2021$8.9M
FY2022$8.5M
FY2023$10.1M
FY2024$11.3M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 May 1997.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $200K Management & general 20% · $61K Fundraising 13% · $40K

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

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Who runs it and what they're paid

21 people listed on the 990.

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

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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 15aYes

Programs and updates

Enriching community education through creative programs and resources.

Provided by the organization

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1 program · $200K · in their own filed words · FY2021
01

Awarded grants totaling over $127,000 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.

$200Kprogram 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
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 →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$933K
Investment incomeLn 3$126K
Other incomeLn 4–11$64K
Money outPt IX
$301K
Ln 25
Programscol B$200K
Managementcol C$61K
Fundraisingcol D$40K
Owns and owesPt X
$8.9M
net assets · Ln 32
Cash and savingsLn 1–2$277
Total assetsLn 16$9.0M
LiabilitiesLn 26$43K
PeoplePt VI, VII
21
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$933K
Government grantsLn 1e$742
Fundraising eventsLn 1c$57K
Fees for servicesLn 2g$9K
Investment incomeLn 3$126K
Other incomeLn 4–11$64K
Gains on assetsLn 7$103K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$277
Cash and savings togetherLn 1–2$277
InvestmentsLn 11–13$8.3M
Land, buildings, equipmentLn 10c$247K
Other assetsLn 15$37K
Total assetsLn 16$9.0M
LiabilitiesLn 26$43K
Net assetsLn 32$8.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$687$277
InvestmentsLn 11–13$7.8M$8.3M
Land, buildings, equipmentLn 10c$252K$247K
Total assetsLn 16$8.1M$9.0M
LiabilitiesLn 26$76K$43K
Net assetsLn 32$8.0M$8.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$114K$114K
Grants to domestic individualsLn 2$13K$13K
Pay of current officers, directors and key staffLn 5$45K$13K$22K$9K
Other salaries and wagesLn 7$53K$35K$10K$8K
Other employee benefitsLn 9$11K$5K$3K$2K
Management feesLn 11a$16K$8K$8K
Accounting feesLn 11c$4K$4K
Investment management feesLn 11f$7K$7K
Advertising and promotionLn 12$20K$20K
Office expensesLn 13$7K$2K$4K$730
Information technologyLn 14$389$193$128$68
TravelLn 17$862$428$285$149
Depreciation, depletion and amortizationLn 22$5K$3K$2K$876
Other expenses (24a–d)Ln 24$6K$6K$193$103
Total functional expensesLn 25$301K$200K$61K$40K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.4M$849K$548K$11.3M 990 PDF
FY2023 $1.6M$764K$853K$10.1M 990 PDF
FY2022 $778K$575K$203K$8.5M 990 PDF
FY2021 $1.2M$519K$653K$8.0M 990 PDF
FY2020 $583K$584K−$885$6.4M 990 PDF

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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 FY2021 990 (6 parts)
Part I · Summary $1,132,889 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $692,304$933,204
I-9 Program service revenuePrior year $38,152$9,479
I-10 Investment incomePrior year $327,741$126,491
I-11 Other revenuePrior year $113,826$63,715
I-12 Total revenuePrior year $1,172,023$1,132,889
I-13 Grants and similar amounts paidPrior year $203,612$127,354
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $199,203$108,159
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $116,508$65,831
I-18 Total expensesPrior year $519,323$301,344
I-19 Revenue less expensesPrior year $652,700$831,545
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,132,889 across 11 lines filed
Lines not itemized here account for $3,710 of total revenue; see the IRS return.
VIII-1c Fundraising events$57,050
VIII-1d Related organizations$28,049
VIII-1e Government grants$742
VIII-1f All other contributions, gifts and grants$847,363
VIII-1h Total contributions, gifts and grants$933,204
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,479$9,479
VIII-3 Investment incomeExcluded from tax $23,898$23,898
VIII-6 Net rental income or lossExcluded from tax $65,920$65,920
VIII-7 Net gain or loss on sales of assetsExcluded from tax $102,593$102,593
VIII-8 Net income from fundraising eventsExcluded from tax −$5,915−$5,915
VIII-12 Total revenueRelated to mission $9,479 · Unrelated business $0 · Excluded from tax $190,206$1,132,889
Part IX · Statement of functional expenses $301,344 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $114,379$114,379
IX-2 Grants to domestic individualsPrograms $12,975$12,975
IX-5 Pay of current officers, directors and key staffPrograms $13,490 · Management $22,483 · Fundraising $8,993$44,966
IX-7 Other salaries and wagesPrograms $34,646 · Management $10,041 · Fundraising $8,000$52,687
IX-9 Other employee benefitsPrograms $5,215 · Management $3,468 · Fundraising $1,823$10,506
IX-11a Management feesPrograms $8,013 · Management $8,014$16,027
IX-11c Accounting feesManagement $3,600$3,600
IX-11f Investment management feesManagement $7,345$7,345
IX-12 Advertising and promotionFundraising $19,579$19,579
IX-13 Office expensesPrograms $2,469 · Management $3,678 · Fundraising $730$6,877
IX-14 Information technologyPrograms $193 · Management $128 · Fundraising $68$389
IX-17 TravelPrograms $428 · Management $285 · Fundraising $149$862
IX-22 Depreciation, depletion and amortizationPrograms $2,505 · Management $1,666 · Fundraising $876$5,047
IX-24 Other expenses (24a–d)Programs $5,809 · Management $193 · Fundraising $103$6,105
IX-25 Total functional expensesPrograms $200,122 · Management $60,901 · Fundraising $40,321$301,344
Part X · Balance sheet $8,983,270 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $687$277
X-3 Pledges and grants receivableStart of year $0$399,784
X-10c Land, buildings and equipment, netStart of year $252,286$247,239
X-11 Publicly traded securitiesStart of year $1,874,104$2,041,829
X-12 Other securitiesStart of year $5,926,827$6,257,450
X-15 Other assetsStart of year $36,691$36,691
X-16 Total assetsStart of year $8,090,595$8,983,270
X-17 Accounts payable and accrued expensesStart of year $6,205$8,389
X-18 Grants payableStart of year $20,205$34,205
X-19 Deferred revenueStart of year $49,510$0
X-26 Total liabilitiesStart of year $75,920$42,594
X-27 Net assets without donor restrictionsStart of year $8,014,675$8,540,892
X-28 Net assets with donor restrictions$399,784
X-32 Total net assets or fund balancesStart of year $8,014,675$8,940,676
X-33 Total liabilities and net assetsStart of year $8,090,595$8,983,270
Part XI · Reconciliation of net assets $8,940,676 net assets at year end
XI-1 Total revenue$1,132,889
XI-2 Total expenses$301,344
XI-3 Revenue less expenses$831,545
XI-4 Net assets at start of year$8,014,675
XI-5 Net unrealized gains (losses) on investments$93,944
XI-9 Other changes in net assets$512
XI-10 Net assets at end of year$8,940,676

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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