West Sioux Educational Foundation FY2020 filing

Tax-deductible

Hawarden, IA501(c)(3)Since 1988EIN 42-1326981Revenue $30K in FY2020

On file with the IRSPo Box 284, 51023-0284 · Hawarden, IATax-exempt since Oct 1989Publicly supported charity — 170(b)(1)(A)(vi)

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The organizations purpose is to provide scholarships and donations to the West Sioux school district trhough fundraising

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
6 of 6
filings with a surplus
Average surplus $73K a year · 68% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
105 mo
of spending, in cash
Looks good: 104.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $119
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 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$30K
Spent
$17K
To programs
80%
Net assets
$623K
By yearFY2020–FY2025
Revenue
$30K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$30K
FY2021$87K
FY2022$117K
FY2023$103K
FY2024$131K
FY2025$177K
Expenses
$17K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$17K
FY2021$37K
FY2022$34K
FY2023$41K
FY2024$32K
FY2025$43K
Net assets
$623K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$623K
FY2021$672K
FY2022$755K
FY2023$1.1M
FY2024$1.2M
FY2025$1.3M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 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 Oct 1989.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $13K Management & general 20% · $3K

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

8 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See West Sioux Educational Foundation 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 15aNo

Programs and updates

Raises funds to provide scholarships and donations for West Sioux School District.

Questions for West Sioux Educational Foundation

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Provided by the organization

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2 programs · $13K · in their own filed words · FY2020
01

Scholarships awarded to school district seniors for college.

$12Kprogram expense
02

Fundraising to provide the teachers of the school district with funds for projects and supplies that benefit the students.

$2Kprogram expense

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 · FY2023
Total grants receivedfrom 1 funder$119

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$30K
Ln 12
Gifts and grantsLn 1h$26K
Investment incomeLn 3$4K
Money outPt IX
$17K
Ln 25
Programscol B$13K
Managementcol C$3K
Owns and owesPt X
$623K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$623K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$26K
Investment incomeLn 3$4K
Gains on assetsLn 7$0
Total revenueLn 12$30K
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$135K
Cash and savings togetherLn 1–2$147K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$476K
Total assetsLn 16$623K
LiabilitiesLn 26$0
Net assetsLn 32$623K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$188K$147K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$610K$623K
LiabilitiesLn 26$0$0
Net assetsLn 32$610K$623K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
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$485$485
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$32$32
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$0
Other expenses (24a–d)Ln 24$16K$13K$3K
All other expensesLn 24e$121$121
Total functional expensesLn 25$17K$13K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $177K$43K$134K$1.3M 990 PDF
FY2024 $131K$32K$99K$1.2M 990 PDF
FY2023 $103K$41K$62K$1.1M 990 PDF
FY2022 $117K$34K$82K$755K 990 PDF
FY2021 $87K$37K$50K$672K 990 PDF
FY2020 Viewing $30K$17K$13K$623K 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 FY2020 990 (6 parts)
Part I · Summary $29,822 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,117$26,221
I-9 Program service revenue$0
I-10 Investment incomePrior year $5,249$3,601
I-11 Other revenue$0
I-12 Total revenuePrior year $14,366$29,822
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $21,467$16,848
I-18 Total expensesPrior year $21,467$16,848
I-19 Revenue less expensesPrior year −$7,101$12,974
Part VI · Governance 0 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
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 $29,822 across 8 lines filed
VIII-1f All other contributions, gifts and grants$26,221
VIII-1h Total contributions, gifts and grants$26,221
VIII-3 Investment incomeRelated to mission $3,601$3,601
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 $3,601$29,822
Part IX · Statement of functional expenses $16,848 across 31 lines filed
IX-1 Grants to domestic organizations$0
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 feesManagement $485$485
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $32$32
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 Insurance$0
IX-24 Other expenses (24a–d)Programs $13,402 · Management $2,808$16,210
IX-24e All other expensesManagement $121$121
IX-25 Total functional expensesPrograms $13,402 · Management $3,446 · Fundraising $0$16,848
Part X · Balance sheet $622,567 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $14,456$12,435
X-2 Savings and temporary cash investmentsStart of year $173,369$134,544
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$0
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 assetsStart of year $421,768$475,588
X-16 Total assetsStart of year $609,593$622,567
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $609,593$622,567
X-32 Total net assets or fund balancesStart of year $609,593$622,567
X-33 Total liabilities and net assetsStart of year $609,593$622,567
Part XI · Reconciliation of net assets $622,567 net assets at year end
XI-1 Total revenue$29,822
XI-2 Total expenses$16,848
XI-3 Revenue less expenses$12,974
XI-4 Net assets at start of year$609,593
XI-10 Net assets at end of year$622,567

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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