Civic Intelligence

Fenton Area Public Schools Education Foundation

990EZ • Fiscal year 2017 • EIN 20-2743747

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

3100 Owen RdFenton, MI 48430

(810) 591-4700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

Down

$116,643

Down $54,272 (-32%) from 2013

Net Assets

Down

$116,643

Down $54,272 (-32%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$49,135

Down $355 (-0.7%) from 2013

Expenses

Down

$29,360

Down $32,788 (-53%) from 2013

Net Income

Up

$19,775

Up $32,433 (+256%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $150,331Net Assets 2010: $150,3312010Assets 2011: $158,262Net Assets 2011: $158,2622011Assets 2012: $183,573Net Assets 2012: $183,5732012Assets 2013: $170,915Net Assets 2013: $170,9152013Assets 2017: $116,643Net Assets 2017: $116,6432017Assets 2018: $191,832Net Assets 2018: $191,8322018Assets 2019: $221,732Net Assets 2019: $221,7322019Assets 2020: $247,058Net Assets 2020: $247,0582020Assets 2021: $339,031Net Assets 2021: $339,0312021Assets 2022: $335,280Liabilities 2022: $926Net Assets 2022: $334,3542022Assets 2023: $634,567Liabilities 2023: $146,379Net Assets 2023: $488,1882023Assets 2024: $748,535Liabilities 2024: $164,894Net Assets 2024: $583,6412024

Highlighted filing

2017

Assets$116,643
Liabilities-
Net Assets$116,643

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $55,101Expenses 2010: $27,954Net Income 2010: $27,1472010Revenue 2011: $53,338Expenses 2011: $45,407Net Income 2011: $7,9312011Revenue 2012: $70,585Expenses 2012: $45,274Net Income 2012: $25,3112012Revenue 2013: $49,490Expenses 2013: $62,148Net Income 2013: -$12,6582013Revenue 2017: $49,135Expenses 2017: $29,360Net Income 2017: $19,7752017Revenue 2018: $112,440Expenses 2018: $37,251Net Income 2018: $75,1892018Revenue 2019: $89,120Expenses 2019: $59,220Net Income 2019: $29,9002019Revenue 2020: $58,584Expenses 2020: $33,258Net Income 2020: $25,3262020Revenue 2021: $127,238Expenses 2021: $35,265Net Income 2021: $91,9732021Revenue 2022: $54,249Expenses 2022: $58,926Net Income 2022: -$4,6772022Revenue 2023: $64,960Expenses 2023: $31,019Net Income 2023: $33,9412023Revenue 2024: $80,235Expenses 2024: $29,156Net Income 2024: $51,0792024

Highlighted filing

2017

Revenue$49,135
Expenses$29,360
Net Income$19,775
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$102,244
Mission and Program Overview

Mission

The fenton education foundation exists for the purpose of supporting and enhancing the academic, art, and athletic programs for all fenton area public school children. The foundation further advances the educational mission of the fenton school district by obtaining contributions through philanthropic and volunteer support.

Program Services

DescriptionGrantsExpenses
AIMING HIGHER - ACADEMICS - SINCE ITS INCEPTION IN 2004, THE FENTON EDUCATION FOUNDATION HAS MADE A STRONG COMMITMENT TO PROVIDING ITS STUDENTS WITH AN OUTSTANDING EDUCATIONAL EXPERIENCE. FENTON SCHOOLS HAVE CONSISTENTLY RAISED THE BAR AND EXPANDED THEIR PROGRAMS TO GIVE CHILDREN IN THIS COMMUNITY THE TOOLS NECESSARY TO COMPETE IN A GLOBAL ECONOMY.$17,149$17,149
THE FOUNDATION OF CULTURE - ARTS - THE ARTS ENGAGE STUDENTS AND ARE ESSENTIAL TO AN UNDERSTANDING OF PERSONAL IDENTITY, COMMUNITY CONTEXTS AND GLOBAL CULTURES. THROUGH ARTS EDUCATION, STUDENTS DEVELOP COMMITMENT AND PERSISTENCE. THEY ALSO ACQUIRE THE SKILLS AND EXERCISE THE CREATIVITY NECESSARY FOR SUCCESS IN TODAY'S WORLD. OUR GOAL IS TO BUILD A SUSTAINABLE ARTS ENDOWMENT, GIVING AS MANY CHILDREN AS POSSIBLE THE OPPORTUNITY TO BENEFIT AND TAKE PLEASURE IN THE ARTS.$8,000$8,000
A PATHWAY TO LEADERSHIP - ATHLETICS - SPORTS PROVIDE CHILDREN AND YOUTH WITH MANY OPPORTUNITIES TO GROW PHYSICALLY, SOCIALLY AND EMOTIONALLY. STUDIES SHOW THAT CHILDREN WHO PARTICIPATE IN ORGANIZED SPORTS ARE MORE LIKELY TO BE ACTIVE, HARDWORKING STUDENTS, AND BETTER FUTURE WORKERS. KIDS WHO PLAY SPORTS ALSO LEARN HOW TO ACHIEVE BALANCE BETWEEN THEIR SCHOOLWORK AND ATHLETICS, WHICH FOSTERS A STRONG WORK ETHIC BOTH ON AND OFF THE COURT. THE FOUNDATION'S GOAL IS TO BUILD THE ATHLETIC ENDOWMENT TO PERMANENTLY REMOVE PAY TO PLAY AND GIVE AS MANY CHILDREN AS POSSIBLE THE CHANCE TO PARTICIPATE IN AND ENJOY ATHLETICS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETE HAJECTreasurer-$0--
SCOTT PUSHMANChair-$0--
DAVID MCDERMOTTVice Chair-$0--
TRACI LAPASecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Black Tie Event$27,791$27,791$19,561$8,230
Golf Fundraiser$27,168$27,168$19,705$7,463
Total Events$87,550$87,550$53,109$34,441
Filing and Contact Details

Filer

Filer Name
Fenton Area Public Schools
EIN
20-2743747
Phone
8105914700
Address
3100 OWEN RD, FENTON, MI 48430

Signing Officer

Name
Pete Hajec
Title
Treasurer
Phone
8105914700
Signed
2018-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Yeo & Yeo Pc
Address
4468 OAK BRIDGE DR, FLINT, MI 48532-5422
Preparer
Jacob Sopczynski
Phone
8107323000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: fenton area public schools address: 3100 owen road fenton, mi 48430 cash contribution: 17,149 name: fenton area public schools address: 3100 owen road fenton, mi 48430 cash contribution: 8,000

Form 990-ez, Part I, Line 16

Golf fundraiser fees 137 black tie event fees 43 winter blues fees 118 expenses advertising and promotion 2,000 office 728 bank 123 paypal fees 41 information technology 1,021 total 4,211

Form 990-ez, Part III

The fenton education foundation exists for the purpose of supporting and enhancing the academic, art, and athletic programs for all fenton area public school children. The foundation further advances the educational mission of the fenton school district by obtaining contributions through philanthropic and volunteer support.

Form 990-ez, Part III, Line 28

Aiming higher - academics - since its inception in 2004, the fenton education foundation has made a strong commitment to providing its students with an outstanding educational experience. Fenton schools have consistently raised the bar and expanded their programs to give children in this community the tools necessary to compete in a global economy.

Form 990-ez, Part III, Line 29

A pathway to leadership - athletics - sports provide children and youth with many opportunities to grow physically, socially and emotionally. Studies show that children who participate in organized sports are more likely to be active, hardworking students, and better future workers. Kids who play sports also learn how to achieve balance between their schoolwork and athletics, which fosters a strong work ethic both on and off the court. The foundation's goal is to build the athletic endowment to permanently remove pay to play and give as many children as possible the chance to participate in and enjoy athletics.

Form 990-ez, Part III, Line 30

The foundation of culture - arts - the arts engage students and are essential to an understanding of personal identity, community contexts and global cultures. Through arts education, students develop commitment and persistence. They also acquire the skills and exercise the creativity necessary for success in today's world. Our goal is to build a sustainable arts endowment, giving as many children as possible the opportunity to benefit and take pleasure in the arts.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE FOUNDATION OF CULTURE - ARTS - THE ARTS ENGAGE STUDENTS AND ARE ESSENTIAL TO AN UNDERSTANDING OF PERSONAL IDENTITY, COMMUNITY CONTEXTS AND GLOBAL CULTURES. THROUGH ARTS EDUCATION, STUDENTS DEVELOP COMMITMENT AND PERSISTENCE. THEY ALSO ACQUIRE THE SKILLS AND EXERCISE THE CREATIVITY NECESSARY FOR SUCCESS IN TODAY'S WORLD. OUR GOAL IS TO BUILD A SUSTAINABLE ARTS ENDOWMENT, GIVING AS MANY CHILDREN AS POSSIBLE THE OPPORTUNITY TO BENEFIT AND TAKE PLEASURE IN THE ARTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: FENTON AREA PUBLIC SCHOOLS ADDRESS: 3100 OWEN ROAD FENTON, MI 48430 CASH CONTRIBUTION: 17,149 NAME: FENTON AREA PUBLIC SCHOOLS ADDRESS: 3100 OWEN ROAD FENTON, MI 48430 CASH CONTRIBUTION: 8,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOLF FUNDRAISER FEES 137 BLACK TIE EVENT FEES 43 WINTER BLUES FEES 118 EXPENSES ADVERTISING AND PROMOTION 2,000 OFFICE 728 BANK 123 PAYPAL FEES 41 INFORMATION TECHNOLOGY 1,021 TOTAL 4,211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FENTON EDUCATION FOUNDATION EXISTS FOR THE PURPOSE OF SUPPORTING AND ENHANCING THE ACADEMIC, ART, AND ATHLETIC PROGRAMS FOR ALL FENTON AREA PUBLIC SCHOOL CHILDREN. THE FOUNDATION FURTHER ADVANCES THE EDUCATIONAL MISSION OF THE FENTON SCHOOL DISTRICT BY OBTAINING CONTRIBUTIONS THROUGH PHILANTHROPIC AND VOLUNTEER SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AIMING HIGHER - ACADEMICS - SINCE ITS INCEPTION IN 2004, THE FENTON EDUCATION FOUNDATION HAS MADE A STRONG COMMITMENT TO PROVIDING ITS STUDENTS WITH AN OUTSTANDING EDUCATIONAL EXPERIENCE. FENTON SCHOOLS HAVE CONSISTENTLY RAISED THE BAR AND EXPANDED THEIR PROGRAMS TO GIVE CHILDREN IN THIS COMMUNITY THE TOOLS NECESSARY TO COMPETE IN A GLOBAL ECONOMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A PATHWAY TO LEADERSHIP - ATHLETICS - SPORTS PROVIDE CHILDREN AND YOUTH WITH MANY OPPORTUNITIES TO GROW PHYSICALLY, SOCIALLY AND EMOTIONALLY. STUDIES SHOW THAT CHILDREN WHO PARTICIPATE IN ORGANIZED SPORTS ARE MORE LIKELY TO BE ACTIVE, HARDWORKING STUDENTS, AND BETTER FUTURE WORKERS. KIDS WHO PLAY SPORTS ALSO LEARN HOW TO ACHIEVE BALANCE BETWEEN THEIR SCHOOLWORK AND ATHLETICS, WHICH FOSTERS A STRONG WORK ETHIC BOTH ON AND OFF THE COURT. THE FOUNDATION'S GOAL IS TO BUILD THE ATHLETIC ENDOWMENT TO PERMANENTLY REMOVE PAY TO PLAY AND GIVE AS MANY CHILDREN AS POSSIBLE THE CHANCE TO PARTICIPATE IN AND ENJOY ATHLETICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION OF CULTURE - ARTS - THE ARTS ENGAGE STUDENTS AND ARE ESSENTIAL TO AN UNDERSTANDING OF PERSONAL IDENTITY, COMMUNITY CONTEXTS AND GLOBAL CULTURES. THROUGH ARTS EDUCATION, STUDENTS DEVELOP COMMITMENT AND PERSISTENCE. THEY ALSO ACQUIRE THE SKILLS AND EXERCISE THE CREATIVITY NECESSARY FOR SUCCESS IN TODAY'S WORLD. OUR GOAL IS TO BUILD A SUSTAINABLE ARTS ENDOWMENT, GIVING AS MANY CHILDREN AS POSSIBLE THE OPPORTUNITY TO BENEFIT AND TAKE PLEASURE IN THE ARTS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
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