Winterset Community Educational Foundation FY2021 filing

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To provide enrichment programs and other enhancements for Winterset schools.

501(c)(3) charity; gifts are tax-deductible.
94¢ 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
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 6
filings with a surplus
Average surplus $42K a year · 48% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
83 mo
of spending, in cash
Plus $576K in investments, Pt X · Ln 11–13
Looks good: 83.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 14 voting members
Concern: none of 14 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$132K
+4% vs prior year
Spent
$23K
To programs
94%
Net assets
$730K
By yearFY2020–FY2025
Revenue
$132K
FY2021▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$127K
FY2021$132K
FY2022$52K
FY2023$68K
FY2024$47K
FY2025$92K
Expenses
$23K
FY2021▼ -22%
Tap a bar for its year
Expenses by fiscal year
FY2020$29K
FY2021$23K
FY2022$32K
FY2023$72K
FY2024$61K
FY2025$52K
Net assets
$730K
FY2021▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$590K
FY2021$730K
FY2022$675K
FY2023$665K
FY2024$681K
FY2025$756K

From the FY2021 Form 990 (year ending June 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 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 Aug 1988.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $21K Management & general 6% · $1K

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

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Winterset Community Educational 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

Supports Winterset schools with enrichment programs and enhancements.

Questions for Winterset Community Educational Foundation

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3 programs · $20K · in their own filed words · FY2020
01

Newsletters were sent to contributors and to alumni of the school system to elicit their financial and volunteer support for the school system.

$7Kprogram expense
02

Mini grants were paid and committed to the winterset schools for various field trips and projects.

$7Kprogram expense
03

scholarships were granted to qualifying high school seniors

$6Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 10 grants · $167K · 2019–2024
Unitemized GrantFY2024$23,700
Winterset Community SchoolsFY2024$9,705
Winterset Community SchoolsFY2023$26,355
Unitemized GrantFY2023$17,500
Winterset Community SchoolsFY2022$38,298
Unitemized GrantFY2022$15,000
Unitemized GrantFY2021$9,800
Winterset Community SchoolsFY2020$8,250
Unitemized GrantFY2020$6,000
Winterset Community SchoolsFY2019$12,533

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$132K
Ln 12
Gifts and grantsLn 1h$79K
Investment incomeLn 3$52K
Fees for servicesLn 2g$900
Money outPt IX
$23K
Ln 25
Programscol B$21K
Managementcol C$1K
Owns and owesPt X
$730K
net assets · Ln 32
Cash and savingsLn 1–2$157K
Total assetsLn 16$733K
LiabilitiesLn 26$3K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$79K
Fees for servicesLn 2g$900
Investment incomeLn 3$52K
Gains on assetsLn 7$0
Total revenueLn 12$132K
Assets in detailPt X, end of year
CashLn 1$106K
SavingsLn 2$51K
Cash and savings togetherLn 1–2$157K
InvestmentsLn 11–13$576K
Total assetsLn 16$733K
LiabilitiesLn 26$3K
Net assetsLn 32$730K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$580K$428K$473K$452K$229K
Given inLn 1b$76K$43K$10K$221K$30K
SpentLn 1d–1f$6K$92K$7K$6K$5K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$186K$157K
InvestmentsLn 11–13$411K$576K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$596K$733K
LiabilitiesLn 26$6K$3K
Net assetsLn 32$590K$730K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8K$8K
Grants to domestic individualsLn 2$6K$6K
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$100$100
Accounting feesLn 11c$198$198
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$121$121
Information technologyLn 14$908$908
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$100$100
Other expenses (24a–d)Ln 24$7K$7K
All other expensesLn 24e$0
Total functional expensesLn 25$23K$21K$1K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 18, 2026 $92K$52K$40K$756K 990 PDF
FY2024Filed with the IRS May 14, 2025 $47K$61K−$14K$681K 990 PDF
FY2023Filed with the IRS May 15, 2024 $68K$72K−$4K$665K 990 PDF
FY2022Filed with the IRS May 15, 2023 $52K$32K$20K$675K 990 PDF
FY2021 ViewingFiled with the IRS May 16, 2022 $132K$23K$109K$730K 990 PDF
FY2020Filed with the IRS May 17, 2021 $127K$29K$98K$590K 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 FY2021 990 (6 parts)
Part I · Summary $131,845 revenue, 12 lines filed
I-8 Contributions and grants$79,163
I-9 Program service revenue$900
I-10 Investment income$51,782
I-11 Other revenue$0
I-12 Total revenue$131,845
I-13 Grants and similar amounts paid$14,250
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$8,459
I-18 Total expenses$22,709
I-19 Revenue less expenses$109,136
Part VI · Governance 0 of 14 board members independent, 4 to look at
VI-1a Voting members of the governing body14
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 $131,845 across 10 lines filed
VIII-1b Membership dues$11,207
VIII-1f All other contributions, gifts and grants$67,956
VIII-1h Total contributions, gifts and grants$79,163
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $900$900
VIII-3 Investment incomeRelated to mission $51,782$51,782
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$0
VIII-12 Total revenueRelated to mission $51,782 · Excluded from tax $900$131,845
Part IX · Statement of functional expenses $22,709 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $8,250$8,250
IX-2 Grants to domestic individualsPrograms $6,000$6,000
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 feesManagement $100$100
IX-11c Accounting feesManagement $198$198
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $121$121
IX-14 Information technologyManagement $908$908
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 $100$100
IX-24 Other expenses (24a–d)Programs $7,032$7,032
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $21,403 · Management $1,306 · Fundraising $0$22,709
Part X · Balance sheet $733,078 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $105,120$106,041
X-2 Savings and temporary cash investmentsStart of year $80,575$50,936
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investmentsStart of year $410,550$576,101
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $596,245$733,078
X-25 Other liabilitiesStart of year $6,218$2,926
X-26 Total liabilitiesStart of year $6,218$2,926
X-27 Net assets without donor restrictionsStart of year $162,186$150,244
X-28 Net assets with donor restrictionsStart of year $427,841$579,908
X-32 Total net assets or fund balancesStart of year $590,027$730,152
X-33 Total liabilities and net assetsStart of year $596,245$733,078
Part XI · Reconciliation of net assets $730,152 net assets at year end
XI-1 Total revenue$131,845
XI-2 Total expenses$22,709
XI-3 Revenue less expenses$109,136
XI-4 Net assets at start of year$590,027
XI-9 Other changes in net assets$30,989
XI-10 Net assets at end of year$730,152

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

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