Civic Intelligence

Ballard Education Foundation

990EZ • Fiscal year 2017 • EIN 47-2716304

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

PO Box 272Huxley, IA 50124

(515) 689-6370

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$109,552

Up $34,583 (+46%) from 2016

Net Assets

Up

$109,552

Up $34,583 (+46%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$138,294

Up $35,280 (+34%) from 2016

Expenses

Up

$119,373

Up $71,670 (+150%) from 2016

Net Income

Down

$18,921

Down $36,390 (-66%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $74,969Liabilities 2016: $0Net Assets 2016: $74,9692016Assets 2017: $109,552Net Assets 2017: $109,5522017Assets 2018: $151,442Net Assets 2018: $151,4422018Assets 2019: $120,633Liabilities 2019: $5,000Net Assets 2019: $115,6332019Assets 2020: $98,828Liabilities 2020: $2,353Net Assets 2020: $96,4752020Assets 2021: $104,106Liabilities 2021: $2,068Net Assets 2021: $102,0382021Assets 2022: $170,869Liabilities 2022: $0Net Assets 2022: $170,8692022Assets 2023: $189,736Liabilities 2023: $02023

Highlighted filing

2017

Assets$109,552
Liabilities-
Net Assets$109,552

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $103,014Expenses 2016: $47,703Net Income 2016: $55,3112016Revenue 2017: $138,294Expenses 2017: $119,373Net Income 2017: $18,9212017Revenue 2018: $110,001Expenses 2018: $70,019Net Income 2018: $39,9822018Revenue 2019: $87,372Expenses 2019: $123,087Net Income 2019: -$35,7152019Revenue 2020: $69,679Expenses 2020: $88,025Net Income 2020: -$18,3462020Revenue 2021: $28,065Expenses 2021: $35,721Net Income 2021: -$7,6562021Revenue 2022: $107,066Expenses 2022: $32,434Net Income 2022: $74,6322022Revenue 2023: $90,534Expenses 2023: $75,745Net Income 2023: $14,7892023

Highlighted filing

2017

Revenue$138,294
Expenses$119,373
Net Income$18,921
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$138,294
Mission and Program Overview

Mission

The mission of the ballard education foundation is to enhance the educational experiences and opportunities available to students of ballard community schools by partnering with individuals, alumni, businesses, organizations and community.

Program Services

DescriptionGrantsExpenses
THE TEACHER INNOVATION FUNDS ASSIST TEACHERS IN DEVELOPING NEW AND INNOVATIVE INSTRUCTIONAL IDEAS FOR THEIR CLASSROOMS AND MEET THE INSTRUCTIONAL NEEDS OF TEACHERS. TEACHERS APPLY FOR THESE GRANTS WHICH MAY BE USED TO PROCURE EQUIPMENT, SUPPLIES, AND MATERIALS.-$49,626
THE TEACHER INNOVATION FUNDS ASSIST TEACHERS IN DEVELOPING NEW AND INNOVATIVE INSTRUCTIONAL IDEAS FOR THEIR CLASSROOMS AND MEET THE INSTRUCTIONAL NEEDS OF TEACHERS. TEACHERS APPLY FOR THESE GRANTS WHICH MAY BE USED TO PROCURE EQUIPMENT, SUPPLIES, AND MATERIALS. IN 2017, THE MUSIC DEPARTMENT RECEIVED 4,000, AND THE HIGH SCHOOL SCIENCE PROGRAM RECEIVED 3,487.39.-$7,487
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUZANNE ASKELSENPresidentPT$0--
SARA WILSONVice Preside-$0--
VALERIE SHOENTreasurer-$0--
WENDY JENSENDirector-$0--
HOLLY LARKINDirector-$0--
LYLE MARTINDirector-$0--
CRAIG WEEKSDirector-$0--
JOHN HILLEMANDirector-$0--
GENE ROUSEDirector-$0--
DARIN WOHLEGEMUTHEx-Offico-$0--
Filing and Contact Details

Filer

Filer Name
Ballard Education Foundation
EIN
47-2716304
Phone
5156896370
Address
PO BOX 272, HUXLEY, IA 50124

Signing Officer

Name
Suzanne Askelsen
Title
President
Phone
5156896370
Signed
2017-11-15
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 171 2,078 operating expense 7,487 operating expense 49,626 informative meeting 2,571 credit card fees 1,601 miscelleneous 742 gala expenses 54,305 investment expenses 260 total 118,841

Form 990-ez, Part I, Line 20

Unrealized gain on endow iowa fund 2,814 prior period adjustment 12,847

Form 990-ez, Part III

The mission of the ballard education foundation is to enhance the educational experiences and opportunities available to students of ballard community schools by partnering with individuals, alumni, businesses, organizations and community.

Form 990-ez, Part III, Line 28

The teacher innovation funds assist teachers in developing new and innovative instructional ideas for their classrooms and meet the instructional needs of teachers. Teachers apply for these grants which may be used to procure equipment, supplies, and materials.

Form 990-ez, Part III, Line 29

The teacher innovation funds assist teachers in developing new and innovative instructional ideas for their classrooms and meet the instructional needs of teachers. Teachers apply for these grants which may be used to procure equipment, supplies, and materials. In 2017, the music department received 4,000, and the high school science program received 3,487.39.

Raw XML Appendix156 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 171 2,078 OPERATING EXPENSE 7,487 OPERATING EXPENSE 49,626 INFORMATIVE MEETING 2,571 CREDIT CARD FEES 1,601 MISCELLENEOUS 742 GALA EXPENSES 54,305 INVESTMENT EXPENSES 260 TOTAL 118,841
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN ON ENDOW IOWA FUND 2,814 PRIOR PERIOD ADJUSTMENT 12,847
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF THE BALLARD EDUCATION FOUNDATION IS TO ENHANCE THE EDUCATIONAL EXPERIENCES AND OPPORTUNITIES AVAILABLE TO STUDENTS OF BALLARD COMMUNITY SCHOOLS BY PARTNERING WITH INDIVIDUALS, ALUMNI, BUSINESSES, ORGANIZATIONS AND COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TEACHER INNOVATION FUNDS ASSIST TEACHERS IN DEVELOPING NEW AND INNOVATIVE INSTRUCTIONAL IDEAS FOR THEIR CLASSROOMS AND MEET THE INSTRUCTIONAL NEEDS OF TEACHERS. TEACHERS APPLY FOR THESE GRANTS WHICH MAY BE USED TO PROCURE EQUIPMENT, SUPPLIES, AND MATERIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TEACHER INNOVATION FUNDS ASSIST TEACHERS IN DEVELOPING NEW AND INNOVATIVE INSTRUCTIONAL IDEAS FOR THEIR CLASSROOMS AND MEET THE INSTRUCTIONAL NEEDS OF TEACHERS. TEACHERS APPLY FOR THESE GRANTS WHICH MAY BE USED TO PROCURE EQUIPMENT, SUPPLIES, AND MATERIALS. IN 2017, THE MUSIC DEPARTMENT RECEIVED 4,000, AND THE HIGH SCHOOL SCIENCE PROGRAM RECEIVED 3,487.39.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
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ReturnHeader/TaxYr02016

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