Civic Intelligence

Albion Education Foundation

990 • Fiscal year 2014 • EIN 47-0740498

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 13, 2015

Organization ProfileNONE
PO Box 45Albion, NE 68620

(402) 395-6004

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

52nd percentile

2.7%

Faster asset growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

8th percentile

-33%

Faster revenue growth than 8% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$3,117,035

Up $82,137 (+2.7%) from 2013

Net Assets

Up

$3,117,035

Up $82,137 (+2.7%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin93rd percentile

Revenue

Down

$142,179

Down $68,832 (-33%) from 2013

Expenses

Down

$60,042

Down $1,187 (-1.9%) from 2013

Net Income

Down

$82,137

Down $67,645 (-45%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,772,839Liabilities 2011: $0Net Assets 2011: $2,772,8392011Assets 2012: $2,885,116Liabilities 2012: $0Net Assets 2012: $2,885,1162012Assets 2013: $3,034,898Liabilities 2013: $0Net Assets 2013: $3,034,8982013Assets 2014: $3,117,035Liabilities 2014: $0Net Assets 2014: $3,117,0352014Assets 2015: $3,112,258Liabilities 2015: $0Net Assets 2015: $3,112,2582015Assets 2016: $3,142,300Liabilities 2016: $0Net Assets 2016: $3,142,3002016Assets 2017: $3,175,069Liabilities 2017: $0Net Assets 2017: $3,175,0692017Assets 2018: $3,329,267Liabilities 2018: $0Net Assets 2018: $3,329,2672018Assets 2019: $3,380,027Liabilities 2019: $0Net Assets 2019: $3,380,0272019Assets 2020: $3,474,449Liabilities 2020: $0Net Assets 2020: $3,474,4492020Assets 2021: $3,595,976Liabilities 2021: $0Net Assets 2021: $3,595,9762021Assets 2022: $3,443,172Liabilities 2022: $0Net Assets 2022: $3,443,1722022Assets 2023: $3,477,443Liabilities 2023: $0Net Assets 2023: $3,477,4432023Assets 2024: $3,475,224Liabilities 2024: $0Net Assets 2024: $3,475,2242024

Highlighted filing

2014

Assets$3,117,035
Liabilities$0
Net Assets$3,117,035
Open 2014 Filing

Operations Trend

Revenue Growth8th percentile

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

$400K$200K$0-$200KRevenue 2011: $141,635Expenses 2011: $49,062Net Income 2011: $92,5732011Revenue 2012: $166,584Expenses 2012: $54,307Net Income 2012: $112,2772012Revenue 2013: $211,011Expenses 2013: $61,229Net Income 2013: $149,7822013Revenue 2014: $142,179Expenses 2014: $60,042Net Income 2014: $82,1372014Revenue 2015: $56,903Expenses 2015: $61,680Net Income 2015: -$4,7772015Revenue 2016: $114,542Expenses 2016: $84,500Net Income 2016: $30,0422016Revenue 2017: $120,085Expenses 2017: $87,316Net Income 2017: $32,7692017Revenue 2018: $393,460Expenses 2018: $239,262Net Income 2018: $154,1982018Revenue 2019: $162,577Expenses 2019: $111,817Net Income 2019: $50,7602019Revenue 2020: $222,795Expenses 2020: $128,373Net Income 2020: $94,4222020Revenue 2021: $266,781Expenses 2021: $145,254Net Income 2021: $121,5272021Revenue 2022: $110,949Expenses 2022: $263,753Net Income 2022: -$152,8042022Revenue 2023: $201,507Expenses 2023: $167,236Net Income 2023: $34,2712023Revenue 2024: $213,053Expenses 2024: $215,272Net Income 2024: -$2,2192024

Highlighted filing

2014

Revenue$142,179
Expenses$60,042
Net Income$82,137
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 13, 2015
Return Version
2014v5.0
Gross Receipts
$746,868
Mission and Program Overview

Mission

Funds and formulates and administers programs in cooperation with the school administration. The foundation operates through its board of directors, officers, standing committees, and with the assistance and participation of volunteers and supporters.

Further postsecondary education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,034,898$3,117,035▲ $82,137
Investments Other Securities$1,845,318$1,910,567▲ $65,249
Other Notes and Loans Receivable, Net$649,457$617,957▼ $31,500
Savings and Temporary Cash Investments$351,117$563,745▲ $212,628
Cash and Non-Interest-Bearing Accounts$189,006$24,766▼ $164,240
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,034,898$3,117,035▲ $82,137
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,034,898$3,117,035▲ $82,137
Total Liabilities and Net Assets / Fund Balance$3,034,898$3,117,035▲ $82,137

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$233,474--
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Carol KusekPresident
Ralph SchmadekeVice President
Kurt KruseDirector
Lynn ByglandDirector
Ron CoakesDirector
Richard StephensSecretary
Richard MartinsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,629
Program Service Revenue
$2,450
Investment Income
$136,100
Other Revenue
$0
All Other Contributions
$3,629
Change in Net Assets
$82,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$35,137
Other Expenses$24,905
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$23,924-$23,924
Grants to Domestic Individuals$20,550--$20,550
Grants to Domestic Orgs$14,587--$14,587
Fees for Services Legal$378--$378
Other Expenses-$219-$219
Insurance-$205-$205
Office Expenses$179--$179
Total Functional Expenses$35,694$24,348$0$60,042
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Prairie Plains Resource InstituteAurora, NE501 (c)(3)Provide Funds for the Prairie Plains Resource Institute to Manage the Olson Nature Preserve Which Provides Access to the Great Plains Landscape to People of All Ages. the Nature Preserve Is Located 8 Miles North of Albion, Ne.$7,000
Boone Central Public SchoolAlbion, NE501 (c)(3)Funds Were Provided for School Cafeteria Tables, Artist in Residence, Courage Retreats to Build Character, and Summer Outdoor Science Adventures for Students Attending Boone Central and Other Area Schools.$5,117
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 11

“A copy of the form 990 is available to the board prior to the form 990 being filed.”

Form 990, Part VI, Section C, Line 19

“Governing documents & financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Albion Education Foundation
EIN
47-0740498
Phone
4023956004
Address
PO BOX 45, ALBION, NE 68620

Signing Officer

Name
Carol Kusek
Title
President
Phone
4023956004
Signed
2015-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Kusek
Formed
1991
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Richard Martinsen Pc
Address
1212 WEST STATE, ALBION, NE 68620
Preparer
Richard D Martinsen
Phone
4023956004
Raw XML Appendix392 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FURTHER POSTSECONDARY EDUCATION.
IRS990/AllOtherContributionsAmt03629
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RICHARD MARTINSEN
IRS990/BooksInCareOfDetail/PhoneNum04023956004
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 107
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBION
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068620
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0189006
IRS990/CashNonInterestBearingGrp/EOYAmt024766
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03629
IRS990/CYGrantsAndSimilarPaidAmt035137
IRS990/CYInvestmentIncomeAmt0136100
IRS990/CYOtherExpensesAmt024905
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02450
IRS990/CYRevenuesLessExpensesAmt082137
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt060042
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0142179
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0WE AWARDED SCHOLARSHIPS TOTALING $20,550 TO STUDENTS, ENABLING THEM TO SEEK POST-SECONDARY EDUCATION. ADDITIONALLY, WE MADE GRANTS FOR PROJECTS OF $14,587.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt035694
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0378
IRS990/FeesForServicesLegalGrp/TotalAmt0378
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt023924
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt023924
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CAROL KUSEK
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD MARTINSEN
IRS990/Form990PartVIISectionAGrp/PersonNm2LYNN BYGLAND
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD STEPHENS
IRS990/Form990PartVIISectionAGrp/PersonNm4RALPH SCHMADEKE
IRS990/Form990PartVIISectionAGrp/PersonNm5RON COAKES
IRS990/Form990PartVIISectionAGrp/PersonNm6KURT KRUSE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt077668
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt035137
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt020550
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt020550
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt014587
IRS990/GrantsToDomesticOrgsGrp/TotalAmt014587
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0682357
IRS990/GrossReceiptsAmt0746868
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0205
IRS990/InsuranceGrp/TotalAmt0205
IRS990/InvestmentIncomeGrp/ExclusionAmt058432
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt058432
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01845318
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01910567
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NE
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0604689
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE FOUNDATION IS TO HELP THE SCHOOLS MAXIMIZE THE QUALITY OF EDUCATION FOR ALBION BY HELPING TO ENRICH, ENLIVEN, AND AUGMENT THE ACADEMIC PROGRAM. IN ORDER TO FULFILL ITS PURPOSE, THE FOUNDATION SOLICITS AND RECEIVES BOTH ENDOWMENT AND CURRENT PROGRAM FUNDS AND FORMULATES AND ADMINISTERS PROGRAMS IN COOPERATION WITH THE SCHOOL ADMINISTRATION. THE FOUNDATION OPERATES THROUGH ITS BOARD OF DIRECTORS, OFFICERS, STANDING COMMITTEES, AND WITH THE ASSISTANCE AND PARTICIPATION OF VOLUNTEERS AND SUPPORTERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03034898
IRS990/NetAssetsOrFundBalancesEOYAmt03117035
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt077668
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt077668
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0179
IRS990/OfficeExpensesGrp/TotalAmt0179
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FOREIGN TAXES PAID
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0219
IRS990/OtherExpensesGrp/TotalAmt0219
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0649457
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0617957
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CAROL KUSEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0LOAN PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02450
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0103101
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt038000
IRS990/PYInvestmentIncomeAmt0103570
IRS990/PYOtherExpensesAmt023229
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04340
IRS990/PYRevenuesLessExpensesAmt0149782
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt061229
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0211011
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt082137
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02450
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03034898
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03117035
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0351117
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0563745
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ALBION EDUCATION FOUNDATION (AEF) PROVIDED SUPPORT TO THE PRAIRIE PLAINS RESOURCE INSTITUTE TO MANAGE THE OLSON NATURE PRESERVE, THE ALBION AREA ARTS COUNCIL, INC. FOR A K-5 ELEMENTARY MUSIC PROGRAM AND ST. MICHAEL'S SCHOOL, ALBION, NE FOR A SCHOOL KINDNESS PROGRAM. THROUGH THE SUPPORT OF THESE ORGANIZATIONS, BOONE CENTRAL PUBLIC SCHOOLS WAS BENEFITTED BY ALLOWING ITS STUDENTS ACCESS TO THE GREAT PLAINS LANDSCAPE, PROVIDING SUPPORT TO ITS MUSIC DEPARTMENT, AND PROMOTING GOOD CITIZENSHIP.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ALBION EDUCATION FOUNDATION (AEF) SUPPORTS ORGANIZATIONS OTHER THAN BOONE CENTRAL PUBLIC SCHOOLS (BCPS), WHICH IS LISTED IN THE ORGANIZATION'S GOVERNING DOCUMENTS. THE AEF PROVIDES SUPPORT TO THOSE ORGANIZATIONS THAT BENEFIT OR HELP PERFORM THE FUNCTIONS OF BCPS THROUGH COOPERATING ACTIVITIES AND SCHOOL ASSEMBLIES, ETC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 1:
IRS990ScheduleA/SupportedOrganizationsCnt04
IRS990ScheduleA/SupportedOrganizationsTotalCnt04
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0476001184
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1470627892
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2470376534
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3363669000
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd20
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd30
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc19
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc22
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc39
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt05117
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt17000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt22320
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt3150
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOONE CENTRAL PUBLIC SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1PRAIRIE PLAINS RESOURCE INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2ST MICHAEL'S SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3ALBION AREA ARTS COUNCIL INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt014587
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt075640
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1471215
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21130238
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3233474
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CASH EQUIVALENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1BONDS AND U.S. TREASURY NOTES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2COMMON STOCKS & MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3REAL ESTATE FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01910567
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt020550
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO ATTEND COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt017
IRS990ScheduleI/RecipientTable/CashGrantAmt07000
IRS990ScheduleI/RecipientTable/CashGrantAmt15117
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501 (C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDE FUNDS FOR THE PRAIRIE PLAINS RESOURCE INSTITUTE TO MANAGE THE OLSON NATURE PRESERVE WHICH PROVIDES ACCESS TO THE GREAT PLAINS LANDSCAPE TO PEOPLE OF ALL AGES. THE NATURE PRESERVE IS LOCATED 8 MILES NORTH OF ALBION, NE.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FUNDS WERE PROVIDED FOR SCHOOL CAFETERIA TABLES, ARTIST IN RESIDENCE, COURAGE RETREATS TO BUILD CHARACTER, AND SUMMER OUTDOOR SCIENCE ADVENTURES FOR STUDENTS ATTENDING BOONE CENTRAL AND OTHER AREA SCHOOLS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PRAIRIE PLAINS RESOURCE INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BOONE CENTRAL PUBLIC SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0470627892
IRS990ScheduleI/RecipientTable/RecipientEIN1476001184
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01307 L STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1605 S 6TH STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0AURORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ALBION
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NE
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd068818
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd168620
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS AVAILABLE TO THE BOARD PRIOR TO THE FORM 990 BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS & FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03034898
IRS990/TotalAssetsEOYAmt03117035
IRS990/TotalAssetsGrp/BOYAmt03034898
IRS990/TotalAssetsGrp/EOYAmt03117035
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03629
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024348
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt035694
IRS990/TotalFunctionalExpensesGrp/TotalAmt060042
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03034898
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03117035
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt035694
IRS990/TotalProgramServiceRevenueAmt02450
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0136100
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02450
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0142179
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03034898
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03117035
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 45
IRS990/USAddress/CityNm0ALBION
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068620
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL KUSEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04023956004
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBION EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ALBI
ReturnHeader/Filer/EIN0470740498
ReturnHeader/Filer/PhoneNum04023956004
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 45
ReturnHeader/Filer/USAddress/CityNm0ALBION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068620
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470646126
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICHARD MARTINSEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01212 WEST STATE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd068620
ReturnHeader/PreparerPersonGrp/PhoneNum04023956004
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD D MARTINSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-08-17T13:13:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,117,035
Liabilities
$0
Net assets
$3,117,035
Revenue
$142,179
Expenses
$60,042
Net income
$82,137
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.00$3.48$0.21$0.22$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.00$3.48$0.20$0.17$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$0.00$3.44$0.11$0.26$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$0.00$3.60$0.27$0.15$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$0.00$3.47$0.22$0.13$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.38$0.00$3.38$0.16$0.11$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.00$3.33$0.39$0.24$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$0.00$3.18$0.12$0.09$0.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.00$3.14$0.11$0.08$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$0.06$0.06$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.12$0.00$3.12$0.14$0.06$0.08
2013Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$0.21$0.06$0.15
2012Summary only. Only limited summary data is available for this year.$2.89$0.00$2.89$0.17$0.05$0.11
2011Summary only. Only limited summary data is available for this year.$2.77$0.00$2.77$0.14$0.05$0.09