Civic Intelligence

School District 145 Foundation for Education

990 • Fiscal year 2023 • EIN 36-3762126

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 25, 2023

P O Box 119Waverly, NE 68462

(402) 525-5568

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

24th percentile

-9.1%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

48th percentile

$54,290

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

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

Asset Growth

30th percentile

-1.8%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

23rd percentile

-13%

Faster revenue growth than 23% of similar nonprofits.

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

Assets

Down

$1,009,683

Down $18,882 (-1.8%) from 2022

Net Assets

Down

$1,009,683

Down $16,873 (-1.6%) from 2022

Liabilities

Down

$0

Down $2,009 (-100%) from 2022

Revenue

Down

$945,833

Down $136,322 (-13%) from 2022

Expenses

Up

$1,032,203

Up $239,672 (+30%) from 2022

Net Income

Down

-$86,370

Down $375,994 (-130%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $195,926Liabilities 2012: $2,567Net Assets 2012: $193,3592012Assets 2014: $299,901Liabilities 2014: $4,163Net Assets 2014: $295,7382014Assets 2015: $340,916Liabilities 2015: $2,615Net Assets 2015: $338,3012015Assets 2016: $404,500Liabilities 2016: $0Net Assets 2016: $404,5002016Assets 2017: $515,413Liabilities 2017: $11,287Net Assets 2017: $504,1262017Assets 2018: $582,066Liabilities 2018: $0Net Assets 2018: $582,0662018Assets 2019: $610,737Liabilities 2019: $0Net Assets 2019: $610,7372019Assets 2020: $619,950Liabilities 2020: $0Net Assets 2020: $619,9502020Assets 2021: $840,396Liabilities 2021: $3,114Net Assets 2021: $837,2822021Assets 2022: $1,028,565Liabilities 2022: $2,009Net Assets 2022: $1,026,5562022Assets 2023: $1,009,683Liabilities 2023: $0Net Assets 2023: $1,009,6832023Assets 2024: $1,268,164Liabilities 2024: $0Net Assets 2024: $1,268,1642024Assets 2025: $1,223,070Liabilities 2025: $0Net Assets 2025: $1,223,0702025

Highlighted filing

2023

Assets$1,009,683
Liabilities$0
Net Assets$1,009,683

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $239,2172012Revenue 2014: $319,820Expenses 2014: $277,391Net Income 2014: $42,4292014Revenue 2015: $316,556Expenses 2015: $273,993Net Income 2015: $42,5632015Revenue 2016: $382,227Expenses 2016: $316,026Net Income 2016: $66,2012016Revenue 2017: $443,721Expenses 2017: $344,095Net Income 2017: $99,6262017Revenue 2018: $455,375Expenses 2018: $377,435Net Income 2018: $77,9402018Revenue 2019: $449,493Expenses 2019: $404,930Net Income 2019: $44,5632019Revenue 2020: $363,969Expenses 2020: $323,792Net Income 2020: $40,1772020Revenue 2021: $721,027Expenses 2021: $620,080Net Income 2021: $100,9472021Revenue 2022: $1,082,155Expenses 2022: $792,531Net Income 2022: $289,6242022Revenue 2023: $945,833Expenses 2023: $1,032,203Net Income 2023: -$86,3702023Revenue 2024: $931,708Expenses 2024: $673,227Net Income 2024: $258,4812024Revenue 2025: $948,419Expenses 2025: $993,513Net Income 2025: -$45,0942025

Highlighted filing

2023

Revenue$945,833
Expenses$1,032,203
Net Income-$86,370
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 25, 2023
Return Version
2022v5.0
Gross Receipts
$945,833
Mission and Program Overview

Mission

The school district 145 foundation for education's mission is to enrich the educational experience in our schools by providing financial resources to support creative endeavors that will promote the achievement and success of our students.

The school district 145 foundation for education's mission is to enrich the educational experience in our schools by providing financial resources to support creative endeavors that will promote the achievement and success of our students. Since it's inception in 1990, the school district 145 foundation for education has worked diligently to 1. Indentify and provide funding for educational opportunities beyond the scope of the existing programs and school district 145's funding sources, 2. Recognize excellence and outstanding contributions to the educational program throughout school district 145, and 3. Increase participation and involvement from every sector of our community in the educational programs of school distict 145.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,048,819$1,009,683▼ $39,136
Investments Other Securities$722,278$841,697▲ $119,419
Cash and Non-Interest-Bearing Accounts$178,265$81,061▼ $97,204
Savings and Temporary Cash Investments-$61,362-
Other Notes and Loans Receivable, Net$22,263$22,263→ $0
Accounts Receivable-$3,300-
Total Assets$1,050,828$1,009,683▼ $41,145
Other Assets Total$128,022--
Liabilities
Other Liabilities$2,009--
Total Liabilities$2,009$0▼ $2,009
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,048,819$1,009,683▼ $39,136
Total Liabilities and Net Assets / Fund Balance$1,050,828$1,009,683▼ $41,145

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$841,697--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sara MartinExecutive DiFT$54,290$54,290

Board Members and Trustees

NameTitle
Teresa GrevePresident
Amy SchmidtDirector
Brianna GableDirector
Colleen ZiegelbeinDirector
Danielle ParrishDirector
Geri CanoyerDirector
Hunter RadenslabenDirector
Jerry DittenberDirector
Karmin PowellDirector
Leah ClarkeDirector
Paula WieseDirector
Vicki NielsenDirector
Chad KendallSchool Board
Cory WorrellAdmin Rep
Darci FanningDirecotr
Rob MillerInvestment a
Chad BaconPast Preside
Ryan MartindaleSecretary
Debbie SchmeeckleTreasurer
Rachel KornfeldWea Rep
Revenue and Support

Revenue Composition

Contributions and Grants
$528,223
Program Service Revenue
$417,038
Investment Income
$572
Other Revenue
$0
All Other Contributions
$392,013
Change in Net Assets
$-86,370

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported Amount
Clothing and Household Goods$260,754
Total Noncash Contributions$260,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$518,491
Grants and Similar Amounts Paid$260,155
Salaries, Compensation, and Employee Benefits$253,557
Total Fundraising Expense$13,402
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$260,155--$260,155
Other Salaries and Wages$211,100$11,728$11,728$234,556
Other Expenses$39,301--$39,301
Office Expenses$857$20,580-$21,437
Payroll Taxes$17,101$950$950$19,001
All Other Expenses$9,300--$9,300
Insurance$2,205--$2,205
Fees for Services Accounting$1,775--$1,775
Fees for Services Other--$724$724
Total Functional Expenses$985,543$33,258$13,402$1,032,203
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Waverly School DistrictWaverly, NE-Enrich Educ Experien$260,155
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Supporting AgenGrants AwardedNo$260,155
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the board of directors

Form 990, Page 6, Part VI, Line 12C

Each board meeting there is a question asked if any member needs to discuss a possible conflict of interest.

Form 990, Page 6, Part VI, Line 19

Upon request no request was made to the organization under section 6104(e) for its publicly available documents.

Filing and Contact Details

Filer

Filer Name
School District 145 Foundation for
EIN
36-3762126
Phone
4025255568
Address
P O BOX 119, WAVERLY, NE 68462

Signing Officer

Name
Debbie Schmeeckle
Title
Treasurer
Phone
4025255568
Signed
2023-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sara Martin
Formed
1990
Legal Domicile
Ne
Voting Board Members
18
Independent Board Members
18
Employees
38
Volunteers
30

Preparer

Firm
Shotkoski & Associates Pc
Address
PO BOX 30533, LINCOLN, NE 68503-0533
Preparer
Damian a Shotkoski
Phone
4024769650
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The school district 145 foundation for education's mission is to enrich the educational experience in our schools by providing financial resources to support creative endeavors that will promote the achievement and success of our students. Since it's inception in 1990, the school district 145 foundation for education has worked diligently to 1. Indentify and provide funding for educational opportunities beyond the scope of the existing programs and school district 145's funding sources, 2. Recognize excellence and outstanding contributions to the educational program throughout school district 145, and 3. Increase participation and involvement from every sector of our community in the educational programs of school distict 145.

Form 990, Page 2, Part III, Line 4B

As a child care center, licensed by the state of nebraska's department of health and human services, the viking discovery program strives to provide the highest quality service to the families of school district 145. The viking discovery program encourages students to be part of a respectful and responsible community. Program staff challenge students to excel in academic, social, and recreational areas, while maintaining the high standards set forth by the foundation's board of directors. The viking discovery program serves the needs of students and parents by providing a supervised, fun environment for children before and after school, on non-school days, and during the summer. The program operates with the following purpose: 1.to provide opportunities for being with other children in a setting conducive to the development of wholesome social relationships. 2.to provide appropriate activity experiences which contribute to the developmental needs of each student. 3.to provide opportunities for meaningful play and activity, that will help build important foundations for future skills. 4.to provide support and guidance in all academic areas.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/MissionDesc0THE SCHOOL DISTRICT 145 FOUNDATION FOR EDUCATION'S MISSION IS TO ENRICH THE EDUCATIONAL EXPERIENCE IN OUR SCHOOLS BY PROVIDING FINANCIAL RESOURCES TO SUPPORT CREATIVE ENDEAVORS THAT WILL PROMOTE THE ACHIEVEMENT AND SUCCESS OF OUR STUDENTS. SINCE IT'S INCEPTION IN 1990, THE SCHOOL DISTRICT 145 FOUNDATION FOR EDUCATION HAS WORKED DILIGENTLY TO 1. INDENTIFY AND PROVIDE FUNDING FOR EDUCATIONAL OPPORTUNITIES BEYOND THE SCOPE OF THE EXISTING PROGRAMS AND SCHOOL DISTRICT 145'S FUNDING SOURCES, 2. RECOGNIZE EXCELLENCE AND OUTSTANDING CONTRIBUTIONS TO THE EDUCATIONAL PROGRAM THROUGHOUT SCHOOL DISTRICT 145, AND 3. INCREASE PARTICIPATION AND INVOLVEMENT FROM EVERY SECTOR OF OUR COMMUNITY IN THE EDUCATIONAL PROGRAMS OF SCHOOL DISTICT 145.
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IRS990/ProgSrvcAccomActy2Grp/Desc0AS A CHILD CARE CENTER, LICENSED BY THE STATE OF NEBRASKA'S DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE VIKING DISCOVERY PROGRAM STRIVES TO PROVIDE THE HIGHEST QUALITY SERVICE TO THE FAMILIES OF SCHOOL DISTRICT 145. THE VIKING DISCOVERY PROGRAM ENCOURAGES STUDENTS TO BE PART OF A RESPECTFUL AND RESPONSIBLE COMMUNITY. PROGRAM STAFF CHALLENGE STUDENTS TO EXCEL IN ACADEMIC, SOCIAL, AND RECREATIONAL AREAS, WHILE MAINTAINING THE HIGH STANDARDS SET FORTH BY THE FOUNDATION'S BOARD OF DIRECTORS. THE VIKING DISCOVERY PROGRAM SERVES THE NEEDS OF STUDENTS AND PARENTS BY PROVIDING A SUPERVISED, FUN ENVIRONMENT FOR CHILDREN BEFORE AND AFTER SCHOOL, ON NON-SCHOOL DAYS, AND DURING THE SUMMER. THE PROGRAM OPERATES WITH THE FOLLOWING PURPOSE: 1.TO PROVIDE OPPORTUNITIES FOR BEING WITH OTHER CHILDREN IN A SETTING CONDUCIVE TO THE DEVELOPMENT OF WHOLESOME SOCIAL RELATIONSHIPS. 2.TO PROVIDE APPROPRIATE ACTIVITY EXPERIENCES WHICH CONTRIBUTE TO THE DEVELOPMENTAL NEEDS OF EACH STUDENT. 3.TO PROVIDE OPPORTUNITIES FOR MEANINGFUL PLAY AND ACTIVITY, THAT WILL HELP BUILD IMPORTANT FOUNDATIONS FOR FUTURE SKILLS. 4.TO PROVIDE SUPPORT AND GUIDANCE IN ALL ACADEMIC AREAS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SCHOOL DISTRICT 145 COVERS 300 SQUARE MILES OF AREA ON THE EAST EDGE OF LINCOLN, NEBRASKA, SERVING THE COMMUNITIES OF ALVO, EAGLE, PRAIRIE HOME, WALTON, AND WAVERLY. THE FOUNDATION FOR EDUCATION CONTINUES TO SUPPORT PUBLIC SCHOOL CHILDREN IN THESE COMMUNITIES THROUGH OPERATION OF VIKING DISCOVERY PROGRAM CHILD CARE CENTER SERVICES. THIS WAS SUPPLEMENTED BY ACTION THROUGH THE VIKING SUPPORT STATION, WHICH STRIVES TO ENSURE ALL CHILDREN HAVE WHAT THEY NEED TO SHOW UP TO CLASSROOMS READY TO LEARN. THE FOUNDATION FOR EDUCATION CONTINUES TO PROVIDE CLASSROOM GRANTS AND STUDENT GRANTS FOR THE BENEFIT OF SCHOOL DISTRICT 145 CHILDREN.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FOR EDUCATION AWARDED CLASSROOM GRANTS TO FUND INNOVATIVE TECHNOLOGY, EQUIPMENT, EXTENDED EDUCATIONAL EXPERIENCES, AND GUEST SPEAKERS. GRANTS WERE AWARDED TO ALL 5 SCHOOL BUILDINGS WITHIN SCHOOL DISTRICT 145. AWARDS BENEFITED STUDENTS IN GRADES K-12, POSITIVELY IMPACTING OVER 2,200 CHILDREN. WORK THROUGH THE FOUNDATION FOR EDUCATION'S VIKING SUPPORT STATION FOCUSED ON MAXIMIZING CORPORATE PARTNERSHIPS AND LOCAL COMMUNITY CONNECTIONS TO ESTABLISH STABILITY FOR STUDENTS, SO THEY COULD SHOW UP TO CLASSROOMS READY TO LEARN. THIS WORK ADDRESSED THAT CHILDREN WHO DO NOT HAVE ADEQUATE SHELTER, SLEEP, HEALTH, NUTRITION, AND LOVE CANNOT EFFECTIVELY STUDY, AND HELPED TO PROTECT SAFETY AND SECURITY FOR ALL STUDENTS IN SCHOOL DISTRICT 145. THE VIKING SUPPORT STATION ALSO WORKS TO ENHANCE SCHOOL DISTRICT 145 STAFF AND FACILITY RESOURCES THROUGH THE SAME CORPORATE PARTNERSHIPS AND LOCAL COMMUNITY CONNECTIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL DISTRICT 145 FOUNDATION FOR EDUCATION'S MISSION IS TO ENRICH THE EDUCATIONAL EXPERIENCE IN OUR SCHOOLS BY PROVIDING FINANCIAL RESOURCES TO SUPPORT CREATIVE ENDEAVORS THAT WILL PROMOTE THE ACHIEVEMENT AND SUCCESS OF OUR STUDENTS. SINCE IT'S INCEPTION IN 1990, THE SCHOOL DISTRICT 145 FOUNDATION FOR EDUCATION HAS WORKED DILIGENTLY TO 1. INDENTIFY AND PROVIDE FUNDING FOR EDUCATIONAL OPPORTUNITIES BEYOND THE SCOPE OF THE EXISTING PROGRAMS AND SCHOOL DISTRICT 145'S FUNDING SOURCES, 2. RECOGNIZE EXCELLENCE AND OUTSTANDING CONTRIBUTIONS TO THE EDUCATIONAL PROGRAM THROUGHOUT SCHOOL DISTRICT 145, AND 3. INCREASE PARTICIPATION AND INVOLVEMENT FROM EVERY SECTOR OF OUR COMMUNITY IN THE EDUCATIONAL PROGRAMS OF SCHOOL DISTICT 145.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS A CHILD CARE CENTER, LICENSED BY THE STATE OF NEBRASKA'S DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE VIKING DISCOVERY PROGRAM STRIVES TO PROVIDE THE HIGHEST QUALITY SERVICE TO THE FAMILIES OF SCHOOL DISTRICT 145. THE VIKING DISCOVERY PROGRAM ENCOURAGES STUDENTS TO BE PART OF A RESPECTFUL AND RESPONSIBLE COMMUNITY. PROGRAM STAFF CHALLENGE STUDENTS TO EXCEL IN ACADEMIC, SOCIAL, AND RECREATIONAL AREAS, WHILE MAINTAINING THE HIGH STANDARDS SET FORTH BY THE FOUNDATION'S BOARD OF DIRECTORS. THE VIKING DISCOVERY PROGRAM SERVES THE NEEDS OF STUDENTS AND PARENTS BY PROVIDING A SUPERVISED, FUN ENVIRONMENT FOR CHILDREN BEFORE AND AFTER SCHOOL, ON NON-SCHOOL DAYS, AND DURING THE SUMMER. THE PROGRAM OPERATES WITH THE FOLLOWING PURPOSE: 1.TO PROVIDE OPPORTUNITIES FOR BEING WITH OTHER CHILDREN IN A SETTING CONDUCIVE TO THE DEVELOPMENT OF WHOLESOME SOCIAL RELATIONSHIPS. 2.TO PROVIDE APPROPRIATE ACTIVITY EXPERIENCES WHICH CONTRIBUTE TO THE DEVELOPMENTAL NEEDS OF EACH STUDENT. 3.TO PROVIDE OPPORTUNITIES FOR MEANINGFUL PLAY AND ACTIVITY, THAT WILL HELP BUILD IMPORTANT FOUNDATIONS FOR FUTURE SKILLS. 4.TO PROVIDE SUPPORT AND GUIDANCE IN ALL ACADEMIC AREAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH BOARD MEETING THERE IS A QUESTION ASKED IF ANY MEMBER NEEDS TO DISCUSS A POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST NO REQUEST WAS MADE TO THE ORGANIZATION UNDER SECTION 6104(E) FOR ITS PUBLICLY AVAILABLE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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