Civic Intelligence

Fulton Public Schools Foundation

990 • Fiscal year 2021 • EIN 84-1656579

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

2 Hornet DriveFulton, MO 65251

(573) 590-8000

Siviq Scores

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

Liabilities / Assets

60th percentile

0.07x

Higher debt load relative to assets than 60% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.13x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

92nd percentile

117%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

510%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$617,905

Up $332,705 (+117%) from 2020

Net Assets

Up

$577,175

Up $328,444 (+132%) from 2020

Liabilities

Up

$40,730

Up $4,261 (+12%) from 2020

Revenue

Up

$316,368

Up $264,483 (+510%) from 2020

Expenses

Up

$47,586

Up $3,810 (+8.7%) from 2020

Net Income

Up

$268,782

Up $260,673 (+3215%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $256,303Liabilities 2015: $30,0002015Assets 2016: $239,237Liabilities 2016: $34,122Net Assets 2016: $205,1152016Assets 2017: $253,928Liabilities 2017: $35,500Net Assets 2017: $218,4282017Assets 2018: $234,058Liabilities 2018: $34,155Net Assets 2018: $199,9032018Assets 2019: $272,294Liabilities 2019: $38,616Net Assets 2019: $233,6782019Assets 2020: $285,200Liabilities 2020: $36,469Net Assets 2020: $248,7312020Assets 2021: $617,905Liabilities 2021: $40,730Net Assets 2021: $577,1752021Assets 2022: $596,740Liabilities 2022: $34,741Net Assets 2022: $561,9992022Assets 2023: $751,917Liabilities 2023: $37,216Net Assets 2023: $714,7012023Assets 2024: $826,548Liabilities 2024: $20,299Net Assets 2024: $806,2492024

Highlighted filing

2021

Assets$617,905
Liabilities$40,730
Net Assets$577,175

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $63,308Expenses 2015: $46,548Net Income 2015: $16,7602015Revenue 2016: $41,948Expenses 2016: $81,998Net Income 2016: -$40,0502016Revenue 2017: $48,630Expenses 2017: $44,149Net Income 2017: $4,4812017Revenue 2018: $41,665Expenses 2018: $53,322Net Income 2018: -$11,6572018Revenue 2019: $62,519Expenses 2019: $44,708Net Income 2019: $17,8112019Revenue 2020: $51,885Expenses 2020: $43,776Net Income 2020: $8,1092020Revenue 2021: $316,368Expenses 2021: $47,586Net Income 2021: $268,7822021Revenue 2022: $77,826Expenses 2022: $66,675Net Income 2022: $11,1512022Revenue 2023: $153,548Expenses 2023: $46,171Net Income 2023: $107,3772023Revenue 2024: $120,573Expenses 2024: $51,450Net Income 2024: $69,1232024

Highlighted filing

2021

Revenue$316,368
Expenses$47,586
Net Income$268,782
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$327,618
Mission and Program Overview

Mission

Public education support foundation

Grants supporting fulton public schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$547,594-
Cash and Non-Interest-Bearing Accounts$285,200$23,211▼ $261,989
Savings and Temporary Cash Investments-$6,370-
Total Assets$285,200$617,905▲ $332,705
Other Assets Total-$40,730-
Liabilities
Other Liabilities$36,469$40,730▲ $4,261
Total Liabilities$36,469$40,730▲ $4,261
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$382,730-
Net Assets Without Donor Restrictions$248,731$194,445▼ $54,286
Total Net Assets Fund Balance$248,731$577,175▲ $328,444
Total Liabilities and Net Assets / Fund Balance$285,200$617,905▲ $332,705

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$40,730--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jane BellPresident
Anna GalbreathDirector
Doc KirtzerDirector
Fred BinggeliDirector
Jan BaileyDirector
Janet TrowbridgeDirector
Joe DavisDirector
John BlattnerDirector
Susan KrummDirector
Vicki McdanielDirector
Kathy Richey LiddleExecutive Di
Linda WilliamsSecretary
Glenn HarrisTreasurer
Julie UhlsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$307,666
Program Service Revenue
$0
Investment Income
$14,826
Other Revenue
$-6,124
All Other Contributions
$286,239
Change in Net Assets
$268,782

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
Securities Publicly Traded1$243,426Fair Market Value
Total Noncash Contributions1$243,426-

Audited Revenue Reconciliation

Revenue per Audited Statements
$316,368
Revenue Not Reported on Form 990
$72,409
Total Revenue per Audited Statements
$388,777
Total Revenue per Form 990
$316,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$32,554
Grants and Similar Amounts Paid$15,032
Total Fundraising Expense$9,503
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$9,716$4,858$4,858$19,432
Grants to Domestic Orgs$9,532--$9,532
Grants to Domestic Individuals$5,500--$5,500
Office Expenses-$673$3,818$4,491
Fees for Services Accounting-$1,758-$1,758
Travel-$741$827$1,568
Insurance-$1,177-$1,177
Other Expenses$3,622$506-$506
Total Functional Expenses$28,370$9,713$9,503$47,586

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$58,835
Expenses per Audited Statements$47,586
Total Expenses per Form 990$47,586
Expenses Not Reported on Form 990$11,249
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fulton 58 Public SchoolsFulton, MOGovClassroom Grants$9,532
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,250
Fundraising Gross Income$5,126
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$13,978$4,558$1,390$3,168
Golf Tournament$12,575$568$1,132$-564
Total Events$26,553$5,126$11,250$-6,124
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$40,730
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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 executive director prior to filing

Form 990, Page 6, Part VI, Line 15A

The board conducts an annual performance review at the end of each calendar year.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request

Filing and Contact Details

Filer

Filer Name
Fulton Public Schools Foundation
EIN
84-1656579
Phone
5735908000
Address
2 HORNET DRIVE, FULTON, MO 65251

Signing Officer

Name
Kathy Richey Liddle
Title
Executive Director
Phone
5735908000
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Bell
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
14

Preparer

Firm
GERDING KORTE & CHITWOOD PC CPA'S
Address
20 SOUTH FIFTH STREET, COLUMBIA, MO 65201
Preparer
Amy L Watson
Phone
5734491599
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

9,716 4,858 4,858

Form 990, Part XI, Line 9

Adjustment to prior year net assets -1,445

Form 990, Part XII

At the time of filing the 990, the foundation was undergoing an audit for the year ended december 31, 2021. The audit report for the year ended december 31, 2021 was not finalized at the time the form 990 was filed.

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct expenses netted against revenue 11,249

Schedule D, Page 4, Part XII, Line 2D

Direct expenses netted against revenue 11,249

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPECIAL EVENTS 143,729
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0307666
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt09140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09549
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0350459
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0187
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0119
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03376
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016407
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019952
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt044759
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt040245
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt029018
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt029707
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0143729
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.21980
IRS990ScheduleA/PublicSupportPY170Pct00.22810
IRS990ScheduleA/PublicSupportTotal170Amt0112245
IRS990ScheduleA/SubstantialContributorsTotAmt0238214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0307666
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09140
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09549
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015547
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0350459
IRS990ScheduleA/TotalSupportAmt0510595
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/ExpensesNotReportedAmt011249
IRS990ScheduleD/ExpensesSubtotalAmt047586
IRS990ScheduleD/NetUnrealizedGainsInvstAmt061160
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt040730
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/OtherExpensesIncludedAmt011249
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040730
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/OtherRevenueAmt011249
IRS990ScheduleD/RevenueNotReportedAmt072409
IRS990ScheduleD/RevenueSubtotalAmt0316368
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT EXPENSES NETTED AGAINST REVENUE 11,249
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT EXPENSES NETTED AGAINST REVENUE 11,249
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueOtherAssetsAmt040730
IRS990ScheduleD/TotalExpensesPerForm990Amt047586
IRS990ScheduleD/TotalLiabilityAmt040730
IRS990ScheduleD/TotalRevenuePerForm990Amt0316368
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0388777
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt058835
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt021427
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt09420
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt012007
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011250
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04855
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0568
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05423
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013978
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026553
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt04558
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0568
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt05126
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6124
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02522
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01390
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01132
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01125
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt02180
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03305
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/RecipientTable/CashGrantAmt09532
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CLASSROOM GRANTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FULTON 58 PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0436001370
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02 HORNET DR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FULTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd065251
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0243426
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY EXECUTIVE DIRECTOR PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW AT THE END OF EACH CALENDAR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt39,716 4,858 4,858
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADJUSTMENT TO PRIOR YEAR NET ASSETS -1,445
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AT THE TIME OF FILING THE 990, THE FOUNDATION WAS UNDERGOING AN AUDIT FOR THE YEAR ENDED DECEMBER 31, 2021. THE AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2021 WAS NOT FINALIZED AT THE TIME THE FORM 990 WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0285200
IRS990/TotalAssetsEOYAmt0617905
IRS990/TotalAssetsGrp/BOYAmt0285200
IRS990/TotalAssetsGrp/EOYAmt0617905
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0307666
IRS990/TotalEmployeeCnt00

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