Everett Public Schools Foundation

Tax-deductible

Everett, WA501(c)(3)Since 1985EducationEIN 91-1329342

That all students in Everett Public Schools have the programs and resources they need for success and well-being.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 120 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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 $180K a year · 25% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$87K
to officers and key staff · 12% of spending
Top officer’s pay higher than 76% of similar orgs
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $40K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.09% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$970K
+3% vs prior year
Spent
$725K
To programs
81%
Net assets
$3.0M
By yearFY2020–FY2024
Revenue
$970K
FY2024▲ +3%
Revenue by fiscal year
FY2020$557K
FY2021$807K
FY2022$694K
FY2023$636K
FY2024$944K
FY2024$970K
Expenses
$725K
FY2024▲ +11%
Expenses by fiscal year
FY2020$459K
FY2021$424K
FY2022$560K
FY2023$642K
FY2024$653K
FY2024$725K
Net assets
$3.0M
FY2024▲ +9%
Net assets by fiscal year
FY2020$1.7M
FY2021$2.3M
FY2022$2.1M
FY2023$2.1M
FY2024$2.7M
FY2024$3.0M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1986.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $585K Management & general 14% · $102K Fundraising 5% · $37K

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

Who runs it and what they're paid

24 people listed on the 990; $87K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$87,360Pt VII · Sec A
$0Pt VII · Sec A
1st Vice-President
$0Pt VII · Sec A
2nd Vice-President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
District Board Liaison
$0Pt VII · Sec A

Kay Fantin’s $87K as Executive Director is at the 76th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024
Kay Fantin$87,360$87,360

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Everett Public Schools 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 15aYes

Programs and updates

Supports education through community involvement and private donations, independent of state funding.

Provided by the organization

This section is blank until Everett Public Schools Foundation claims this page.

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2 program services account for $585K of program spending, described in the organization's own filed words · FY2024.
01

Classroom grants; early learning programs; summer school support; High School & Beyond; library grants; Welcome Breakfast; support of unaccompanied youth; Family Resource Center support; Social Worker support; support of the arts; Stuff the Bus School Supply program, misc. program support.

$419Kprogram expense
02

Scholarships and grants paid directly to an individuals.

$166Kprogram expense

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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
Total grants receivedfrom 2 funders$40K
Grants paid · 44 grants · $1.7M · 2019–2024
Unitemized GrantFY2024$172,520
Everett Public SchoolsFY2024$136,909
Unitemized GrantFY2024$3,250
Everett Public SchoolsFY2023$150,423
Unitemized GrantFY2023$117,400
Unitemized GrantFY2023$3,250
Unitemized GrantFY2022$109,470
Everett Public SchoolsFY2022$100,000
Everett Public SchoolsFY2022$54,000
Everett Public SchoolsFY2022$37,143
Everett Public SchoolsFY2022$19,650
Everett Public SchoolsFY2022$13,174
Everett Public SchoolsFY2022$12,250
Everett Public SchoolsFY2022$8,015
Everett Public SchoolsFY2022$7,884
Everett Public SchoolsFY2022$7,000
Everett Public SchoolsFY2022$6,436
Everett Public SchoolsFY2022$5,000
See all 44 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$970K
Ln 12
Gifts and grantsLn 1h$681K
Investment incomeLn 3$261K
Fees for servicesLn 2g$47K
Money outPt IX
$725K
Ln 25
Programscol B$585K
Managementcol C$102K
Fundraisingcol D$37K
Owns and owesPt X
$3.0M
net assets · Ln 32
Cash and savingsLn 1–2$152K
Total assetsLn 16$3.0M
LiabilitiesLn 26$3K
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$681K
Government grantsLn 1e$37K
Noncash giftsLn 1g$122K
Fundraising eventsLn 1c$77K
Fees for servicesLn 2g$47K
Investment incomeLn 3$261K
Gains on assetsLn 7$183K
Total revenueLn 12$970K
Assets in detailPt X, end of year
CashLn 1$94K
SavingsLn 2$58K
Cash and savings togetherLn 1–2$152K
InvestmentsLn 11–13$2.8M
Other assetsLn 15$0
Total assetsLn 16$3.0M
LiabilitiesLn 26$3K
Net assetsLn 32$3.0M
OperationsPt I, VI
EmployeesI 53
VolunteersI 6120
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 FY24End FY24
Cash and savingsLn 1–2$94K$152K
InvestmentsLn 11–13$2.6M$2.8M
Total assetsLn 16$2.7M$3.0M
LiabilitiesLn 26$4K$3K
Net assetsLn 32$2.7M$3.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$257K$257K
Grants to domestic individualsLn 2$166K$166K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$87K$26K$39K$22K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$88K$39K$39K$10K
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$2K$841$998$411
Payroll taxesLn 10$16K$5K$9K$3K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$23K$20K$3K$0
Other fees for servicesLn 11g$6K$5K$1K$0
Advertising and promotionLn 12$499$125$0$374
Office expensesLn 13$917$229$688$0
Information technologyLn 14$4K$1K$2K$2K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$83$21$62$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$71K$66K$5K$0
Total functional expensesLn 25$725K$585K$102K$37K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $944K$653K$291K$2.7M 990 PDF
FY2023 $636K$642K−$6K$2.1M 990 PDF
FY2022 $694K$560K$133K$2.1M 990 PDF
FY2021 $807K$424K$383K$2.3M 990 PDF
FY2020 $557K$459K$98K$1.7M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $970,160 across 15 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$77,284
VIII-1d Related organizations$0
VIII-1e Government grants$37,317
VIII-1f All other contributions, gifts and grants$566,031
VIII-1g Noncash contributions (included above)$122,500
VIII-1h Total contributions, gifts and grants$680,632
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $46,757 · Unrelated business $0 · Excluded from tax $0$46,757
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $77,861$77,861
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $182,820$182,820
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$17,910−$17,910
VIII-12 Total revenueRelated to mission $46,757 · Unrelated business $0 · Excluded from tax $242,771$970,160
Part IX · Statement of functional expenses $724,608 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $256,936$256,936
IX-2 Grants to domestic individualsPrograms $166,250$166,250
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $26,208 · Management $39,312 · Fundraising $21,840$87,360
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $39,323 · Management $38,508 · Fundraising $10,238$88,069
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $841 · Management $998 · Fundraising $411$2,250
IX-10 Payroll taxesPrograms $4,503 · Management $8,683 · Fundraising $2,805$15,991
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $19,519 · Management $3,445 · Fundraising $0$22,964
IX-11g Other fees for servicesPrograms $4,800 · Management $1,200 · Fundraising $0$6,000
IX-12 Advertising and promotionPrograms $125 · Management $0 · Fundraising $374$499
IX-13 Office expensesPrograms $229 · Management $688 · Fundraising $0$917
IX-14 Information technologyPrograms $1,109 · Management $1,664 · Fundraising $1,664$4,437
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $21 · Management $62 · Fundraising $0$83
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $2,321 · Fundraising $0$2,321
IX-24 Other expenses (24a–d)Programs $65,569 · Management $4,962 · Fundraising $0$70,531
IX-25 Total functional expensesPrograms $585,433 · Management $101,843 · Fundraising $37,332$724,608
Part X · Balance sheet $2,960,895 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $16,265$94,263
X-2 Savings and temporary cash investmentsStart of year $77,350$57,509
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-11 Publicly traded securitiesStart of year $2,631,039$2,809,123
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $2,724,654$2,960,895
X-17 Accounts payable and accrued expensesStart of year $4,082$4,199
X-18 Grants payable$0
X-19 Deferred revenue$0
X-20 Tax-exempt bond liabilities$0
X-24 Unsecured notes and loans payable$0
X-25 Other liabilitiesStart of year $116−$1,596
X-26 Total liabilitiesStart of year $4,198$2,603
X-27 Net assets without donor restrictionsStart of year $783,846$872,398
X-28 Net assets with donor restrictionsStart of year $1,936,610$2,085,894
X-32 Total net assets or fund balancesStart of year $2,720,456$2,958,292
X-33 Total liabilities and net assetsStart of year $2,724,654$2,960,895
Part XI · Reconciliation of net assets $2,958,292 net assets at year end
XI-1 Total revenue$970,160
XI-2 Total expenses$724,608
XI-3 Revenue less expenses$245,552
XI-4 Net assets at start of year$2,720,456
XI-5 Net unrealized gains (losses) on investments−$51,889
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$44,173
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,958,292

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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