Foundation for Knowledge District Or-1: Nonprofit Profile, Financials & Form 990 (EIN 47-0816342)

Revenue by fiscal year
FY2020	$30K
FY2021	$52K
FY2022	$90K
FY2023	$34K
FY2024	$75K
FY2025	$69K

Expenses by fiscal year
FY2020	$45K
FY2021	$23K
FY2022	$64K
FY2023	$21K
FY2024	$50K
FY2025	$46K

Net assets by fiscal year
FY2020	$537K
FY2021	$659K
FY2022	$611K
FY2023	$604K
FY2024	$749K
FY2025	$815K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1999.

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

Where the money goes

77 cents of each dollar spent went to programs.

77%

23%

Program services 77% · $35K Management & general 23% · $11K

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

11 people listed on the 990.

Part VII, Section A · reportable compensation

Lori Hallowell

Secretary

$0Pt VII · Sec A

James Waltke

Director

$0Pt VII · Sec A

Amy Fitzpatrick

Director

$0Pt VII · Sec A

Melanie Cheney

Treasurer

$0Pt VII · Sec A

Josh Penterman

Director

$0Pt VII · Sec A

Dave Hall

Vice President

$0Pt VII · Sec A

James Penterman

President

$0Pt VII · Sec A

Tyler Maas

Director

$0Pt VII · Sec A

See Foundation for Knowledge District Or-1 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 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports educational opportunities for students, staff, faculty, and residents of the Bennet/Palmyra School District.

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1 program · $35K · in their own filed words · FY2025

01

Post secondary education support for students.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-0816342) · Dispute this line

$35Kprogram 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

College World Series of Omaha INCFY2024$11K

Total grants receivedfrom 1 funder$11K

Grants paid · 7 grants · $181K · 2020–2025

Unitemized GrantFY2025$22,425

Palymra High SchoolNE · FY2025$13,000

Unitemized GrantFY2024$37,529

Unitemized GrantFY2023$12,500

Unitemized GrantFY2022$46,350

Unitemized GrantFY2021$9,630

Unitemized GrantFY2020$39,418

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$69K

Ln 12

Gifts and grantsLn 1h$108K

Investment incomeLn 3$22K

Money outPt IX

$46K

Ln 25

Programscol B$35K

Managementcol C$11K

Owns and owesPt X

$815K

net assets · Ln 32

Cash and savingsLn 1–2$50K

Total assetsLn 16$856K

LiabilitiesLn 26$42K

PeoplePt VI, VII

11

listed · VII A

PaidVII A0

Voting boardVI 1a11

IndependentVI 1b11

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$108K

Fundraising eventsLn 1c$71K

Investment incomeLn 3$22K

Total revenueLn 12$69K

Assets in detailPt X, end of year

CashLn 1$50K

Cash and savings togetherLn 1–2$50K

InvestmentsLn 11–13$807K

Total assetsLn 16$856K

LiabilitiesLn 26$42K

Net assetsLn 32$815K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

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

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$104K	$50K
InvestmentsLn 11–13	$659K	$807K
Total assetsLn 16	$764K	$856K
LiabilitiesLn 26	$15K	$42K
Net assetsLn 32	$749K	$815K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$13K	$13K
Grants to domestic individualsLn 2	$22K	$22K
Accounting feesLn 11c	$2K		$2K
Investment management feesLn 11f	$7K		$7K
Other expenses (24a–d)Ln 24	$1K		$1K
Total functional expensesLn 25	$46K	$35K	$11K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS Feb 27, 2026	$69K	$46K	$24K	$815K	990 PDF
FY2024Filed with the IRS Mar 26, 2025	$75K	$50K	$25K	$749K	990 PDF
FY2023Filed with the IRS Apr 4, 2024	$34K	$21K	$13K	$604K	990 PDF
FY2022Filed with the IRS Apr 24, 2023	$90K	$64K	$26K	$611K	990 PDF
FY2021Filed with the IRS Mar 9, 2022	$52K	$23K	$30K	$659K	990 PDF
FY2020Filed with the IRS May 3, 2021	$30K	$45K	−$15K	$537K	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2025 990

Part I · Summary $69,493 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $38,364$108,423

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $30,717$21,909

I-11 Other revenuePrior year $5,726−$60,839

I-12 Total revenuePrior year $74,807$69,493

I-13 Grants and similar amounts paidPrior year $37,529$35,425

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $12,041$10,519

I-18 Total expensesPrior year $49,570$45,944

I-19 Revenue less expensesPrior year $25,237$23,549

Part VI · Governance 11 of 11 board members independent, 5 to look at

VI-1a Voting members of the governing body11

VI-1b Independent voting members11

VI-2 Family or business relationship among officers or directorsYes

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

Part VIII · Statement of revenue $69,493 across 6 lines filed

VIII-1c Fundraising events$70,791

VIII-1f All other contributions, gifts and grants$37,632

VIII-1h Total contributions, gifts and grants$108,423

VIII-3 Investment incomeExcluded from tax $21,909$21,909

VIII-8 Net income from fundraising eventsExcluded from tax −$60,839−$60,839

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$38,930$69,493

Part IX · Statement of functional expenses $45,944 across 5 lines filed

IX-1 Grants to domestic organizationsPrograms $13,000$13,000

IX-2 Grants to domestic individualsPrograms $22,425$22,425

IX-11c Accounting feesManagement $2,000$2,000

IX-11f Investment management feesManagement $7,088$7,088

IX-24 Other expenses (24a–d)Management $1,431$1,431

IX-25 Total functional expensesPrograms $35,425 · Management $10,519 · Fundraising $0$45,944

Part X · Balance sheet $856,401 assets, 8 lines filed

X-1 Cash, non-interest-bearingStart of year $104,428$49,763

X-11 Publicly traded securitiesStart of year $659,304$806,638

X-16 Total assetsStart of year $763,732$856,401

X-18 Grants payableStart of year $14,965$41,800

X-26 Total liabilitiesStart of year $14,965$41,800

X-27 Net assets without donor restrictionsStart of year $748,767$814,601

X-32 Total net assets or fund balancesStart of year $748,767$814,601

X-33 Total liabilities and net assetsStart of year $763,732$856,401

Part XI · Reconciliation of net assets $814,601 net assets at year end

XI-1 Total revenue$69,493

XI-2 Total expenses$45,944

XI-3 Revenue less expenses$23,549

XI-4 Net assets at start of year$748,767

XI-5 Net unrealized gains (losses) on investments$42,285

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$814,601

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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Foundation for Knowledge District Or-1

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Foundation for Knowledge District Or-1

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV

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