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The Foundation For The Iowa City Community School District

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421177023 ✦ Iowa city, IA ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation For The Iowa City Community School District?

The Foundation for the Iowa City Community School District is a nonprofit organization located at 1725 N Dodge St, Iowa City, IA 52245. Its primary purpose is to solicit and manage contributions, with a focus on distributing funds as per donors' restrictions. In the fiscal year ending June 30, 2022, the Foundation distributed $591,635 to the Iowa City Community School District and affiliated entities, supporting 29 schools and various school groups within the district. Furthermore, it awarded scholarships and grants totalling $170,487 to benefit 45 recipients, thereby enhancing educational opportunities for students. The Foundation's mission is to foster a strong connection between the community and the schools, empowering teachers and district staff, and inspiring students to excel in their learning experiences.


Official website here: www.iccsdfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star Rating.

The Foundation For The Iowa City Community School District has achieved an impressive overall score of 96%, reflecting its strong commitment to accountability and finance. This score signifies high standards in financial management and transparency, which are critical for donor confidence and support. The foundation's focus on maintaining an independent board and robust governance practices is evident in its perfect score for independent board members and size.

The organization excels in various financial metrics, such as a program expense ratio of 81.23%, indicating that a significant portion of its resources is directed toward its charitable programs. Furthermore, the lack of liabilities to assets demonstrates a solid financial footing, enhancing the foundation's credibility. The presence of comprehensive policies for conflict of interest, whistleblowing, and document retention further reinforces its commitment to ethical practices.

While the ratings reflect a strong performance in accountability and financial practices, no specific comments or feedback from donors or beneficiaries were noted in the available data. This absence of qualitative feedback means potential donors might not have insights into the foundation's impact or community engagement, which could be an area for future improvement.


This AI summary has been generated from information found on Charity Navigator.

Is The Foundation For The Iowa City Community School District legitimate?

The Foundation For The Iowa City Community School District is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For The Iowa City Community School District submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $70,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,390

For more financial information, click here


Official website here: www.iccsdfoundation.org

What is the mission statement of The Foundation For The Iowa City Community School District?

The Foundation for the Iowa City Community School District's mission is to bridge the community with the schools, striving to provide every student with exceptional learning experiences. By collaborating with the community, they aim to empower teachers and district staff, fostering an environment that inspires students to learn. The Foundation's activities involve soliciting contributions, managing and distributing funds as per donor restrictions, and supporting various schools and school groups within the district. In the fiscal year 2022, they distributed funds totalling $591,635 and awarded scholarships worth $170,487 to enhance educational opportunities for students.


Official website here: www.iccsdfoundation.org

Who is the CEO of The Foundation For The Iowa City Community School District?

Susan Brennan is the Executive Director of The Foundation For The Iowa City Community School District.


Official website here: www.iccsdfoundation.org

What is the revenue of The Foundation For The Iowa City Community School District?

The Foundation For The Iowa City Community School District's revenue in 2022 was $1,280,125.


Official website here: www.iccsdfoundation.org

Who are the executives of The Foundation For The Iowa City Community School District and what are their salaries?

There 16 volunteers at The Foundation For The Iowa City Community School District.


Here are 17 key members and their salaries:


Susan Brennan (Executive Director)
  • Compensation: $0
  • Related: $70,180
  • Other: $13,113
David Kriz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Fruin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Hughes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hodge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Boge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Swanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Cilek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Mclaughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Koch (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Devaisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Lauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Brown (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Heiar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iccsdfoundation.org

Where can I find the form 990 for The Foundation For The Iowa City Community School District?

The Foundation For The Iowa City Community School District's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iccsdfoundation.org

Learn more at the official website: www.iccsdfoundation.org

Mission Statement of The Foundation For The Iowa City Community School District

The Foundation for the Iowa City Community School District is dedicated to bridging the gap between the community and the schools, with the shared goal of providing exceptional learning experiences for every student. By fostering a collaborative relationship between the community, teachers, and district staff, the Foundation empowers individuals to inspire learning within the educational system. The mission of this nonprofit organization is to ensure that every student in the district has the opportunity to engage in extraordinary learning experiences, thereby nurturing their growth and development. By connecting the community with the schools, the Foundation for the Iowa City Community School District plays a crucial role in enhancing the educational landscape and fostering a conducive learning environment for students.

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Impact




July, 2024

The Foundation For the Iowa City Community School District plays a pivotal role in connecting the community with local schools to ensure that every student has extraordinary learning experiences. By empowering teachers and district staff, the Foundation inspires students to learn and succeed. In the year ended June 30, 2022, the Foundation distributed over $591,000 to support 29 schools and various school groups within the district. Additionally, scholarships and awards totaling $170,487 were provided to benefit 45 recipients, further enhancing educational opportunities for students. Through these efforts, the Foundation has a direct and significant impact on the educational landscape of the Iowa City community.




This information is meant to be a general summary of The Foundation For The Iowa City Community School District. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,280,125 (2022)
Expenses
$992,190 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $95,305
  • Gross Receipts: $1,286,180

Assets and Liabilities:

  • Total Assets: $3,731,421
  • Total Liabilities: $4,912
  • Net Assets: $3,726,509

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Organization Details

Founding Year

1981

Principal Officer

Susan Brennan

Main Address

1725 N Dodge St, Iowa City, IA, 52245

NTEE Category

Code: B11 - Education

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