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Spencer Community School Foundation

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

EIN: 421306327 ✦ Spencer, IA ✦ Designated as a 501(c)(3)

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Overview

What is Spencer Community School Foundation?

The Spencer Community School Foundation, based in Spencer, Iowa, is a nonprofit organization with a mission to enhance learning opportunities beyond the school district's budget for teachers, staff, and students. They achieve this by providing additional resources and chances for growth. In the fiscal year 2022, they awarded scholarships to 72 graduating or graduated seniors from Spencer High School to further develop and expand their educational prospects. The foundation employs a small team of two individuals, dedicated to their cause.


Official website here: www.spencerschoolfoundation.com

Is Spencer Community School Foundation legitimate?

Spencer Community School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spencer Community School Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,073

For more financial information, click here


Official website here: www.spencerschoolfoundation.com

What is the mission statement of Spencer Community School Foundation?

The Spencer Community School Foundation's mission is centered around enhancing learning opportunities. It aims to provide resources and chances beyond what the school district budget offers, catering to teachers, staff, and students. This is accomplished through the distribution of scholarships, which in the fiscal year 2022, benefited 72 graduating or graduated seniors from Spencer High School, enabling them to expand their educational prospects.


Official website here: www.spencerschoolfoundation.com

Who is the CEO of Spencer Community School Foundation?

Mark Schmid is the President of Spencer Community School Foundation.


Official website here: www.spencerschoolfoundation.com

What is the revenue of Spencer Community School Foundation?

Spencer Community School Foundation's revenue in 2023 was $444,277.


Official website here: www.spencerschoolfoundation.com

Who are the executives of Spencer Community School Foundation and what are their salaries?

The average compensation at Spencer Community School Foundation during 2023 was $17,536. There are 2 employees and 15 volunteers at Spencer Community School Foundation.


Here are 15 key members and their salaries:


Mark Schmid (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brea Schmidt (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bryan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Hemann (Superintende)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Whittenburg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Orrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bomgaars (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Harman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Naeve (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Helmink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Koenecke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spencerschoolfoundation.com

Where can I find the form 990 for Spencer Community School Foundation?

Spencer Community School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.spencerschoolfoundation.com

Learn more at the official website: www.spencerschoolfoundation.com

Mission Statement of Spencer Community School Foundation

The Spencer Community School Foundation, as its name suggests, is an organization dedicated to expanding learning opportunities beyond what is typically provided by the school district's budget. This nonprofit aims to enhance the educational experiences of teachers, staff, and students by providing resources and scholarships that are not otherwise available. The foundation's mission is to empower individuals within the educational community, helping them to further develop and seize educational opportunities. In the fiscal year 2022, the foundation awarded scholarships to 72 graduating or graduated seniors at Spencer High School, thereby allowing these students to broaden their educational horizons.

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Impact




October, 2024

The Spencer Community School Foundation significantly enhances educational opportunities for students, teachers, and staff in the Spencer school district. By providing funding for resources and programs that are not covered in the school budget, the Foundation ensures that students receive a more comprehensive educational experience.

One of the key impacts of the Foundation is its scholarship program, which awarded scholarships to 72 graduating seniors at Spencer High School. This initiative helps students pursue further education, facilitating their growth and development in a competitive academic landscape. The support extends beyond financial assistance; it empowers students to expand their educational horizons and access opportunities they might otherwise have missed.

By fostering enriched learning environments and providing essential resources, the Foundation plays a pivotal role in nurturing the academic success and personal development of students within the community.




This information is meant to be a general summary of Spencer Community School Foundation. 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
$444,277 (2023)
Expenses
$234,551 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $59,970
  • Gross Receipts: $444,277

Assets and Liabilities:

  • Total Assets: $2,279,493
  • Total Liabilities: $536
  • Net Assets: $2,278,957

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Organization Details

Founding Year

1987

Principal Officer

Mark Schmid

Main Address

PO BOX 200, SPENCER, IA, 513010237

NTEE Category

Code: B122 - Education

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