Civic Intelligence

Mason Schools Foundation

990 • Fiscal year 2023 • EIN 26-2662719

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 06, 2023

211 North East StreetMason, OH 45040

(513) 259-7473

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.31x

Higher debt load relative to revenue than 72% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

81st percentile

29%

Higher net margin than 81% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

66th percentile

11%

Faster asset growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-1.7%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,216,141

Up $124,665 (+11%) from 2022

Net Assets

Up

$1,147,605

Up $123,441 (+12%) from 2022

Liabilities

Up

$68,536

Up $1,224 (+1.8%) from 2022

Revenue

Down

$224,057

Down $3,821 (-1.7%) from 2022

Expenses

Up

$159,682

Up $338 (+0.2%) from 2022

Net Income

Down

$64,375

Down $4,159 (-6.1%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $486,651Liabilities 2013: $17,239Net Assets 2013: $469,4122013Assets 2015: $636,446Liabilities 2015: $21,853Net Assets 2015: $614,5932015Assets 2016: $674,750Liabilities 2016: $22,763Net Assets 2016: $651,9872016Assets 2017: $772,071Liabilities 2017: $39,229Net Assets 2017: $732,8422017Assets 2018: $805,078Liabilities 2018: $13,392Net Assets 2018: $791,6862018Assets 2019: $922,780Liabilities 2019: $42,704Net Assets 2019: $880,0762019Assets 2020: $943,245Liabilities 2020: $52,834Net Assets 2020: $890,4112020Assets 2021: $1,198,009Liabilities 2021: $64,630Net Assets 2021: $1,133,3792021Assets 2022: $1,091,476Liabilities 2022: $67,312Net Assets 2022: $1,024,1642022Assets 2023: $1,216,141Liabilities 2023: $68,536Net Assets 2023: $1,147,6052023Assets 2024: $1,378,781Liabilities 2024: $69,499Net Assets 2024: $1,309,2822024Assets 2025: $1,562,432Liabilities 2025: $83,588Net Assets 2025: $1,478,8442025

Highlighted filing

2023

Assets$1,216,141
Liabilities$68,536
Net Assets$1,147,605

Operations Trend

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

$300K$200K$100K$0Expenses 2013: $116,0502013Revenue 2015: $228,587Expenses 2015: $144,234Net Income 2015: $84,3532015Revenue 2016: $188,456Expenses 2016: $150,341Net Income 2016: $38,1152016Revenue 2017: $189,899Expenses 2017: $136,206Net Income 2017: $53,6932017Revenue 2018: $203,503Expenses 2018: $146,274Net Income 2018: $57,2292018Revenue 2019: $232,586Expenses 2019: $167,712Net Income 2019: $64,8742019Revenue 2020: $197,808Expenses 2020: $168,413Net Income 2020: $29,3952020Revenue 2021: $146,134Expenses 2021: $133,150Net Income 2021: $12,9842021Revenue 2022: $227,878Expenses 2022: $159,344Net Income 2022: $68,5342022Revenue 2023: $224,057Expenses 2023: $159,682Net Income 2023: $64,3752023Revenue 2024: $251,496Expenses 2024: $195,376Net Income 2024: $56,1202024Revenue 2025: $209,252Expenses 2025: $148,755Net Income 2025: $60,4972025

Highlighted filing

2023

Revenue$224,057
Expenses$159,682
Net Income$64,375
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$224,057
Mission and Program Overview

Mission

The Mason Schools Foundation funds innovative programs for Mason students that take them above and beyond in the area of academics, arts, and athletics. In the past 12 years the Foundation has funded over 185 creative grants totaling more than $1,000,000 across all district buildings and grade-levels.

The Mason Schools Foundation is founded on the concept of helping the school district take students above and beyond in academics, arts and athletics. Since its inception, the Mason Schools Foundation has funded grants and innovative programs to help create extraordinary learning experiences in our schools. The Foundation plays an integral role in helping the district through times of change in education by funding grants that enable innovation, teacher development and programs such as the MHS Foreign Language Lab, the MMS Coding and Robotics Course, STEAM Labs, Author Visits, Outdoor Classrooms and Inclusive Excellence Initiatives including books with with Windows and Mirrors. The Foundation ensures that no Mason student starts the school year without the school supplies needed to succeed and has helped more than 2100 financially at-risk students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$929,517$1,060,457▲ $130,940
Cash and Non-Interest-Bearing Accounts$135,569$129,292▼ $6,277
Savings and Temporary Cash Investments$26,390$26,392▲ $2
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,091,476$1,216,141▲ $124,665
Other Assets Total-$0-
Liabilities
Grants Payable$67,312$68,536▲ $1,224
Total Liabilities$67,312$68,536▲ $1,224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,024,164$1,147,605▲ $123,441
Total Net Assets Fund Balance$1,024,164$1,147,605▲ $123,441
Total Liabilities and Net Assets / Fund Balance$1,091,476$1,216,141▲ $124,665
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nathalie NeuburgerPresident
Anne Marie MariettaDirector
Chris WilksDirector
Colleen RoeDirector
Danita EnouenDirector
Jamie NatorpDirector
Jessica OrrDirector
Kirsten LupinskiDirector
Lina PatelDirector
Martha HamannDirector
Martin FishDirector
Matt SteeleDirector
Mindy PattonDirector
Tracey CarsonDirector
Alicia FarbsteinSecretary
Marsha WiseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$193,766
Program Service Revenue
$0
Investment Income
$30,291
Other Revenue
$0
All Other Contributions
$193,766
Change in Net Assets
$64,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$114,532
Other Expenses$45,150
Total Fundraising Expense$19,522
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$114,532--$114,532
Fees for Service Investment Mgmnt Fees-$9,365-$9,365
Information Technology$6,846--$6,846
Advertising$3,862--$3,862
Fees for Services Accounting-$2,773-$2,773
Insurance-$1,119-$1,119
Other Expenses$938-$1,338$938
All Other Expenses$536--$536
Conferences and Meetings$101--$101
Office Expenses$88--$88
Total Functional Expenses$126,903$13,257$19,522$159,682
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mason City School DistrictMason, OH-general support$114,532
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Board members were provided a copy via e-mail for approval prior to filing.

Form 990, Part VI, Section C, Line 19

The Mason Schools Foundation makes its governing docs, policies and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Mason Schools Foundation
EIN
26-2662719
Phone
5132597473
Address
211 North East Street, Mason, OH 45040

Signing Officer

Name
Nathalie Neuburger
Title
President
Signed
2023-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Oh
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
50

Preparer

Firm
Coworth Financial Services LLC
Address
11155 Kenwood Rd Ste 6D, Cincinnati, OH 45242
Preparer
Kevin L Holmes
Phone
5136735469
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IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt06846
IRS990/InformationTechnologyGrp/TotalAmt06846
IRS990/InsuranceGrp/ManagementAndGeneralAmt01119
IRS990/InsuranceGrp/TotalAmt01119
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt030291
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030291
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0929517
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01060457
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Mason Schools Foundation helps the community by investing in our public school system to take it above and beyond what tax payers alone can fund. It provides seed funding for innovative programming and a low-risk opportunity to experiment and pilot programs and ideas. Mason Schools Foundation also recognizes both teachers and community members who go above and beyond to make Mason City Schools a terrific place for students to learn and grow. Community Members nominate Above and Beyond Teachers each Spring and one outstanding educator per school building is recognized and rewarded with a grant for their classroom.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01024164
IRS990/NetAssetsOrFundBalancesEOYAmt01147605
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt059066
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01024164
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01147605
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt088
IRS990/OfficeExpensesGrp/TotalAmt088
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Reading Challenge Costs
IRS990/OtherExpensesGrp/Desc1Gala Expenses
IRS990/OtherExpensesGrp/Desc2MMS Event Expenses
IRS990/OtherExpensesGrp/Desc3Bank Charges
IRS990/OtherExpensesGrp/FundraisingAmt09570
IRS990/OtherExpensesGrp/FundraisingAmt18614
IRS990/OtherExpensesGrp/FundraisingAmt21338
IRS990/OtherExpensesGrp/ProgramServicesAmt0938
IRS990/OtherExpensesGrp/TotalAmt09570
IRS990/OtherExpensesGrp/TotalAmt18614
IRS990/OtherExpensesGrp/TotalAmt21338
IRS990/OtherExpensesGrp/TotalAmt3938
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0School Partnership Grants are programs MSF supports across the district in partnership with the school buildings in grades K-8 that host strong fundraising programs with the Mason Schools Foundation. Grant-funded programs this year include wordless, decodable picture books for first grade classrooms at Mason Early Childhood Center, visits from the Critter Guy, ESL translation devices and new PE equipment at Mason Elementary, Music Therapy for Students with special needs at Mason Intermediate and recess equipment at Mason Middle School.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt028276
IRS990/ProgSrvcAccomActy2Grp/GrantAmt028276
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0183292
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0104496
IRS990/PYInvestmentIncomeAmt044586
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt054848
IRS990/PYRevenuesLessExpensesAmt068534
IRS990/PYTotalExpensesAmt0159344
IRS990/PYTotalRevenueAmt0227878
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt064375
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026390
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026392
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0193766
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0183292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0122795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0178848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0214168
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0892869
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt022620
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017349
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018960
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018418
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt095617
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90330
IRS990ScheduleA/PublicSupportPY170Pct00.90160
IRS990ScheduleA/PublicSupportTotal170Amt0892869
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0193766
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0183292
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0122795
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0178848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0214168
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0892869
IRS990ScheduleA/TotalSupportAmt0988486
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0114532
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0general support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Mason City School District
IRS990ScheduleI/RecipientTable/RecipientEIN0316000871
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0211 N East Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Mason
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd045040
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cash
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board members were provided a copy via e-mail for approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Mason Schools Foundation makes its governing docs, policies and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

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