Civic Intelligence

Algona Community School Foundation

990 • Fiscal year 2024 • EIN 42-1240404

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 03, 2025

Organization ProfileN/A
111 N Dodge StAlgona, IA 50511

(515) 295-3565

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

5th percentile

0.00x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

92nd percentile

46%

Faster asset growth than 92% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

129%

Faster revenue growth than 93% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$23,135,715

Up $7,317,921 (+46%) from 2023

Net Assets

Up

$23,135,715

Up $7,317,921 (+46%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin97th percentile

Revenue

Up

$7,776,795

Up $4,379,449 (+129%) from 2023

Expenses

Up

$1,202,637

Up $1,673 (+0.1%) from 2023

Net Income

Up

$6,574,158

Up $4,377,776 (+199%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$30M$20M$10M$0Assets 2011: $3,168,934Liabilities 2011: $0Net Assets 2011: $3,168,9342011Assets 2012: $3,589,427Liabilities 2012: $0Net Assets 2012: $3,589,4272012Assets 2013: $4,482,555Liabilities 2013: $0Net Assets 2013: $4,482,5552013Assets 2014: $4,697,445Liabilities 2014: $0Net Assets 2014: $4,697,4452014Assets 2015: $4,423,923Liabilities 2015: $0Net Assets 2015: $4,423,9232015Assets 2016: $4,652,999Liabilities 2016: $0Net Assets 2016: $4,652,9992016Assets 2017: $5,614,860Liabilities 2017: $0Net Assets 2017: $5,614,8602017Assets 2018: $5,151,631Liabilities 2018: $0Net Assets 2018: $5,151,6312018Assets 2019: $6,218,160Liabilities 2019: $0Net Assets 2019: $6,218,1602019Assets 2020: $7,086,485Liabilities 2020: $1Net Assets 2020: $7,086,4842020Assets 2021: $7,954,926Liabilities 2021: $0Net Assets 2021: $7,954,9262021Assets 2022: $13,564,941Liabilities 2022: $0Net Assets 2022: $13,564,9412022Assets 2023: $15,817,794Liabilities 2023: $0Net Assets 2023: $15,817,7942023Assets 2024: $23,135,715Liabilities 2024: $0Net Assets 2024: $23,135,7152024

Highlighted filing

2024

Assets$23,135,715
Liabilities$0
Net Assets$23,135,715
Open 2024 Filing

Operations Trend

Revenue Growth93rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $407,215Expenses 2011: $261,305Net Income 2011: $145,9102011Revenue 2012: $421,716Expenses 2012: $265,254Net Income 2012: $156,4622012Revenue 2013: $780,247Expenses 2013: $277,870Net Income 2013: $502,3772013Revenue 2014: $563,720Expenses 2014: $348,830Net Income 2014: $214,8902014Revenue 2015: $495,874Expenses 2015: $576,780Net Income 2015: -$80,9062015Revenue 2016: $404,498Expenses 2016: $372,428Net Income 2016: $32,0702016Revenue 2017: $803,799Expenses 2017: $391,847Net Income 2017: $411,9522017Revenue 2018: $416,395Expenses 2018: $417,778Net Income 2018: -$1,3832018Revenue 2019: $650,301Expenses 2019: $470,037Net Income 2019: $180,2642019Revenue 2020: $694,752Expenses 2020: $500,696Net Income 2020: $194,0562020Revenue 2021: $1,127,230Expenses 2021: $503,265Net Income 2021: $623,9652021Revenue 2022: $6,259,783Expenses 2022: $882,397Net Income 2022: $5,377,3862022Revenue 2023: $3,397,346Expenses 2023: $1,200,964Net Income 2023: $2,196,3822023Revenue 2024: $7,776,795Expenses 2024: $1,202,637Net Income 2024: $6,574,1582024

Highlighted filing

2024

Revenue$7,776,795
Expenses$1,202,637
Net Income$6,574,158
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 3, 2025
Return Version
2024v5.2
Gross Receipts
$12,405,194
Mission and Program Overview

Mission

Financial support to the algona community school system and post high school scholarship support to graduates of the school

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,514,404$17,379,895▲ $1,865,491
Land, Buildings, and Equipment, Net-$5,707,000-
Savings and Temporary Cash Investments$303,390$48,820▼ $254,570
Cash and Non-Interest-Bearing Accounts-$0-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$15,817,794$23,135,715▲ $7,317,921
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$14,849,883$22,197,892▲ $7,348,009
Net Assets Without Donor Restrictions$967,911$937,823▼ $30,088
Total Net Assets Fund Balance$15,817,794$23,135,715▲ $7,317,921
Total Liabilities and Net Assets / Fund Balance$15,817,794$23,135,715▲ $7,317,921

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,707,000--
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Elizabeth StowaterPresident
Alison VanotterlooVice President
Barb TeeterDirector
Ben KernDirector
Bruce HackbarthDirector
Jared CecilDirector
Jeff KnappDirector
Joe CarterDirector
Kirk HayesDirector
Mike GaborDirector
Morgan KueckerDirector
Paige GreinDirector
William FarnhamDirector
Kristie BrownTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$6,588,964
Program Service Revenue
$0
Investment Income
$1,133,385
Other Revenue
$54,446
All Other Contributions
$6,588,964
Change in Net Assets
$6,574,158

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$5,707,000Estate Valuation
Securities Publicly Traded1$9,075Account Value
Total Noncash Contributions2$5,716,075-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,075,387
Other Expenses$127,250
Total Fundraising Expense$17,886
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$921,277--$921,277
Grants to Domestic Orgs$154,110--$154,110
Fees for Service Investment Mgmnt Fees-$64,321-$64,321
Fees for Services Other$8,409$8,409$8,409$25,227
Fees for Services Accounting$5,392$12,583-$17,975
Insurance-$6,950-$6,950
Other Expenses-$3,300$1,772$1,772
Advertising--$935$935
Total Functional Expenses$1,089,188$95,563$17,886$1,202,637
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
Annual disclosure for covered persons
Yes
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
Yes
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

“A copy of the form 990 is provided to the president, vice president and treasurer prior to filing of the return for their review. A copy is then maintained in the corporate records for review by any other board member, the school district board and any member of the public.”

Form 990, Part VI, Section B, Line 12C

“All directors are required to disclose conflicts as they may arise. Such directors are generally prohibited from participation in any discussion or vote on an issue in which they have a conflict. The only exceptions involve two employees of the supported organization (superintendent and high school principal). They serve as ex officio members of the foundation board to directly represent the interests of the supported organization.in addition, this is a very small community in which family and business relationships of board members are generally known by all other board members.”

Form 990, Part VI, Section C, Line 19

“All documents are available upon request by the public. In addition, the algona community school district (the supported organization) is in possession of all foundation documents for review by the public, the school board or school administrators.”

Filing and Contact Details

Filer

Filer Name
Algona Community School Foundation
EIN
42-1240404
Phone
5152953565
Address
111 N DODGE ST, ALGONA, IA 50511

Signing Officer

Name
Elizabeth Stowater
Title
President
Signed
2025-09-03
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
6
Employees
0
Volunteers
50

Preparer

Firm
Buchanan Bibler Gabor Meis
Address
111 North Dodge St, Algona, IA 50511
Preparer
Todd R Buchanan
Phone
5152953565
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Ch schwab (non dividend distr) = $1601”

Form 990, Part XI, Line 9

“Ch schwab (non dividend distr) = $924”

Form 990, Part XI, Line 9

“Unrealized investment gains = $0”

Raw XML AppendixShowing 400 of 513 raw XML fields

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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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt06950
IRS990/InsuranceGrp/TotalAmt06950
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01015403
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01015403
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015514404
IRS990/InvestmentsPubTradedSecGrp/EOYAmt017379895
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05707000
IRS990/LandBldgEquipCostOrOtherBssAmt05707000
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04617320
IRS990/LessRentalExpensesGrp/RealAmt011079
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FINANCIAL SUPPORT TO THE ALGONA COMMUNITY SCHOOL SYSTEM AND POST HIGH SCHOOL SCHOLARSHIP SUPPORT TO GRADUATES OF THE SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt015817794
IRS990/NetAssetsOrFundBalancesEOYAmt023135715
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0117982
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0117982
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt054446
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt054446
IRS990/NetUnrlzdGainsLossesInvstAmt0741238
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0967911
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0937823
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt05716075
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt02525
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0FUNDRAISING SUPPLIES
IRS990/OtherExpensesGrp/Desc1FOREIGN TAX ON DIVIDENDS
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/FundraisingAmt06770
IRS990/OtherExpensesGrp/FundraisingAmt11772
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03300
IRS990/OtherExpensesGrp/TotalAmt06770
IRS990/OtherExpensesGrp/TotalAmt13300
IRS990/OtherExpensesGrp/TotalAmt21772
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
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/Desc0SUPPORT OF VARIOUS PROGRAMS CONDUCTED BY ALGONA COMMUNITY SCHOOL DISTRICT THROUGH ADMINISTRATION OF THE DISTRICT. SEE ATTACHED LISTING OF GRANTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0154110
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0154110
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02892918
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01131543
IRS990/PYInvestmentIncomeAmt0504428
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt069421
IRS990/PYRevenuesLessExpensesAmt02196382
IRS990/PYTotalExpensesAmt01200964
IRS990/PYTotalRevenueAmt03397346
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt06574158
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt054446
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0303390
IRS990/SavingsAndTempCashInvstGrp/EOYAmt048820
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0426020126
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ALGONA COMMUNITY SCHOOL DISTRICT
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt05707000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt05707000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05707000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0921277
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0POST-HIGH SCHOOL SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0136
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FOUNDATION, IN CONJUNCTION WITH SCHOOL DISTRICT ADMINISTRATORS AND TEACHERS, MONITOR THE USE OF FUNDS GRANTED FOR SPECIFIC PROJECTS. GRANT APPLICATIONS ARE IN WRITING AND MUST BE VOTED UPON BY THE FOUNDATION BOARD. TYPICALLY, SCHOOL ADMINISTRATION IS ASKED FOR ITS INPUT INTO ALL GRANT REQUESTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0ESTATE VALUATION
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt05707000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0ACCOUNT VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt09075
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE PRESIDENT, VICE PRESIDENT AND TREASURER PRIOR TO FILING OF THE RETURN FOR THEIR REVIEW. A COPY IS THEN MAINTAINED IN THE CORPORATE RECORDS FOR REVIEW BY ANY OTHER BOARD MEMBER, THE SCHOOL DISTRICT BOARD AND ANY MEMBER OF THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS AS THEY MAY ARISE. SUCH DIRECTORS ARE GENERALLY PROHIBITED FROM PARTICIPATION IN ANY DISCUSSION OR VOTE ON AN ISSUE IN WHICH THEY HAVE A CONFLICT. THE ONLY EXCEPTIONS INVOLVE TWO EMPLOYEES OF THE SUPPORTED ORGANIZATION (SUPERINTENDENT AND HIGH SCHOOL PRINCIPAL). THEY SERVE AS EX OFFICIO MEMBERS OF THE FOUNDATION BOARD TO DIRECTLY REPRESENT THE INTERESTS OF THE SUPPORTED ORGANIZATION.IN ADDITION, THIS IS A VERY SMALL COMMUNITY IN WHICH FAMILY AND BUSINESS RELATIONSHIPS OF BOARD MEMBERS ARE GENERALLY KNOWN BY ALL OTHER BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE UPON REQUEST BY THE PUBLIC. IN ADDITION, THE ALGONA COMMUNITY SCHOOL DISTRICT (THE SUPPORTED ORGANIZATION) IS IN POSSESSION OF ALL FOUNDATION DOCUMENTS FOR REVIEW BY THE PUBLIC, THE SCHOOL BOARD OR SCHOOL ADMINISTRATORS.

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Filings

Displayed year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$23,135,715
Liabilities
$0
Net assets
$23,135,715
Revenue
$7,776,795
Expenses
$1,202,637
Net income
$6,574,158
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.1$0.00$23.1$7.78$1.20$6.57
2023Detailed filing. Detailed filing data is available for this year.$15.8$0.00$15.8$3.40$1.20$2.20
2022Detailed filing. Detailed filing data is available for this year.$13.6$0.00$13.6$6.26$0.88$5.38
2021Detailed filing. Detailed filing data is available for this year.$7.95$0.00$7.95$1.13$0.50$0.62
2020Detailed filing. Detailed filing data is available for this year.$7.09$0.00$7.09$0.69$0.50$0.19
2019Summary only. Only limited summary data is available for this year.$6.22$0.00$6.22$0.65$0.47$0.18
2018Summary only. Only limited summary data is available for this year.$5.15$0.00$5.15$0.42$0.42$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.61$0.00$5.61$0.80$0.39$0.41
2016Summary only. Only limited summary data is available for this year.$4.65$0.00$4.65$0.40$0.37$0.03
2015Summary only. Only limited summary data is available for this year.$4.42$0.00$4.42$0.50$0.58$0.08
2014Summary only. Only limited summary data is available for this year.$4.70$0.00$4.70$0.56$0.35$0.21
2013Summary only. Only limited summary data is available for this year.$4.48$0.00$4.48$0.78$0.28$0.50
2012Summary only. Only limited summary data is available for this year.$3.59$0.00$3.59$0.42$0.27$0.16
2011Summary only. Only limited summary data is available for this year.$3.17$0.00$3.17$0.41$0.26$0.15