SCHOOL DISTRICT 145 FOUNDATION FOR EDUCATION

EIN: 363762126 501(c)(3)

WAVERLY, NE

Total Revenue
$931,708
Total Expenses
$673,227
Total Assets
$1,268,164
Net Assets
$1,268,164
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NE
Principal Officer
SARA MARTIN
Phone
4025255568
Tax Period
2023-07-01 to 2024-06-30

SCHOOL DISTRICT 145 FOUNDATION FOR EDUCATION, founded in 1990, is a small nonprofit that reported $932K in total revenue in fiscal year 2023. The organization ran a surplus of $258K, a strong 28% operating margin.

Mission

THE SCHOOL DISTRICT 145 FOUNDATION FOR EDUCATION'S MISSION IS TO ENRICH THE EDUCATIONAL EXPERIENCE IN OUR SCHOOLS BY PROVIDING FINANCIAL RESOURCES TO SUPPORT CREATIVE ENDEAVORS THAT WILL PROMOTE THE ACHIEVEMENT AND SUCCESS OF OUR STUDENTS. SINCE IT'S INCEPTION IN 1990, THE SCHOOL DISTRICT 145 FOUNDATION FOR EDUCATION HAS WORKED DILIGENTLY TO 1. INDENTIFY AND PROVIDE FUNDING FOR EDUCATIONAL OPPORTUNITIES BEYOND THE SCOPE OF THE EXISTING PROGRAMS AND SCHOOL DISTRICT 145'S FUNDING SOURCES, 2. RECOGNIZE EXCELLENCE AND OUTSTANDING CONTRIBUTIONS TO THE EDUCATIONAL PROGRAM THROUGHOUT SCHOOL DISTRICT 145, AND 3. INCREASE PARTICIPATION AND INVOLVEMENT FROM EVERY SECTOR OF OUR COMMUNITY IN THE EDUCATIONAL PROGRAMS OF SCHOOL DISTICT 145.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $363,046
Program Service Revenue $524,801
Investment Income $43,861
Other Revenue $0
TOTAL REVENUE $931,708

Expense Breakdown

Grants Paid $72,060
Salaries & Benefits $254,283
Fundraising Expenses $13,524
Program Expenses $629,282
Other Expenses $346,884
TOTAL EXPENSES $673,227

Year-over-Year Comparison

2023 2022 Change
Revenue $931,708 $945,833 0.0%
Expenses $673,227 $1,032,203 -0.3%
Net Income $258,481 $-86,370 -4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
31
Volunteers
23

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
17
$53,040
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA MARTIN EXECUTIVE DI 40.00
Director
$53,040 $0 $53,040
CHAD BACON PAST PRESIDE N/A
Officer Director
$0 $0 $0
LEAH CLARKE DIRECTOR N/A
Director
$0 $0 $0
JERRY DITTENBER DIRECTOR N/A
Director
$0 $0 $0
DARCI FANNING DIRECTOR N/A
Director
$0 $0 $0
TERESA GREVE PRESIDENT N/A
Officer Director
$0 $0 $0
CHAD KENDALL SCHOOL BOARD N/A
Director
$0 $0 $0
ASHLEY KRAJEWSKI DIRECTOR N/A
Director
$0 $0 $0
ROB MILLER INVESTMENT A N/A
Director
$0 $0 $0
VICKI NIELSEN SECRETARY N/A
Officer Director
$0 $0 $0
DANIELLE PARRISH DIRECTOR N/A
Director
$0 $0 $0
KARMIN POWELL DIRECTOR N/A
Director
$0 $0 $0
HUNTER RADENSLABEN DIRECTOR N/A
Director
$0 $0 $0
DEBBIE SCHMEECKLE TREASURER N/A
Director
$0 $0 $0
AMY SCHMIDT VP N/A
Officer Director
$0 $0 $0
BECKY SHROEDER WEA REPRESEN N/A
Director
$0 $0 $0
CORY WORRELL ADMIN REP N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $931,708 $673,227 $1,268,164 $258,481
2023 $945,833 $1,032,203 $1,009,683 $-86,370
2022 $1,082,155 $792,531 $1,028,565 $289,624
2021 $721,027 $620,080 $840,396 $100,947
2020 $363,969 $323,792 $619,950 $40,177
2019 $449,493 $404,930 $610,737 $44,563
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