THE FOUNDATION FOR TIGARD TUALATIN SCHOOLS

EIN: 943148515 501(c)(3) Unknown

TIGARD, OR

Total Revenue
$2,074,383
Total Expenses
$2,308,829
Total Assets
$799,308
Net Assets
$799,308
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
OR
Principal Officer
CHERYL PAYNE
Phone
5034314024
Tax Period
2023-01-01 to 2023-12-31

THE FOUNDATION FOR TIGARD TUALATIN SCHOOLS, founded in 1991, is a community nonprofit in the Unknown sector that reported $2.1M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $2.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO SUPPORT TIGARD TUALATIN SCHOOL DISTRICT SCHOOLS & PROGRAMS AND PROVIDE SCHOLARSHIPS TO SENIORS IN THE DISTRICT

Program Service Accomplishments

Program 1
Expenses: $295,633

THE FOUNDATION PROVIDES GRANTS TO SCHOOLS AND TEACHERS IN THE DISTRICT TO ENHANCE THE LEARNING EXPERIENCE OF THE STUDENTS. THE GRANTS COVER EXPENSES SUCH AS ADDITIONAL READING AND MATH INSTRUCTION...

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THE FOUNDATION PROVIDES GRANTS TO SCHOOLS AND TEACHERS IN THE DISTRICT TO ENHANCE THE LEARNING EXPERIENCE OF THE STUDENTS. THE GRANTS COVER EXPENSES SUCH AS ADDITIONAL READING AND MATH INSTRUCTION, CURRICULUM ENHANCEMENT, HOMEWORK & SOCIAL SUPPORT AND A VARIETY OF OTHER NEEDED ITEMS. INCLUDING GRANTS FOR ART PROGRAMS. ALL STUDENTS IN THE DISTRICT BENEFIT FROM THE GRANTS. THE DISTRICT CURRENTLY HAS ROUGHLY 12,500 STUDENTS.

Program 2
Expenses: $9,000

SCHOLARSHIPS FOR SENIORS OF TIGARD AND TUALATIN HIGH SCHOOLS. SCHOLARSHIPS RANGE FROM $500 - $2,500 PER STUDENT. THE STUDENTS MUST APPLY AND THE SCHOLARSHIPS ARE AWARDED BASED ON ACADEMICS AND...

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SCHOLARSHIPS FOR SENIORS OF TIGARD AND TUALATIN HIGH SCHOOLS. SCHOLARSHIPS RANGE FROM $500 - $2,500 PER STUDENT. THE STUDENTS MUST APPLY AND THE SCHOLARSHIPS ARE AWARDED BASED ON ACADEMICS AND LEADERSHIP SKILLS. 5 SCHOLARSHIPS AWARDED.

Program 3
Expenses: $1,900,609 Revenue: $1,813,909

DURING THE PANDEMIC, THE FOUNDATION STARTED A FOOD DISTRIBUTION PROGRAM 'PACKED WITH PRIDE' TO PROVIDE FOOD BOXES TO FAMILIES IN THE DISTRICT. THE PROGRAM DISTRIBUTES FOOD BOXES WEEKLY TO FAMILIES IN...

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DURING THE PANDEMIC, THE FOUNDATION STARTED A FOOD DISTRIBUTION PROGRAM 'PACKED WITH PRIDE' TO PROVIDE FOOD BOXES TO FAMILIES IN THE DISTRICT. THE PROGRAM DISTRIBUTES FOOD BOXES WEEKLY TO FAMILIES IN THE DISTRICT IMPACTED BY THE GLOBAL COVID -19 PANDEMIC & ONGOING ECONOMIC STRUGGLES. ROUGHLY 850 BOXES PER WEEK ARE DISTRIBUTED. EACH BOX SERVES A FAMILY OF FIVE. TOTAL BOXES DISTRIBUTED IN 2023 WAS 22,520. STARTING IN THE FALL OF 2023, THE MODEL HAS EVOLVED AND IS A 'SHOPPING' BASED MODEL WHERE THE PARTICPANTS ARE ABLE TO CHOSE THE FOOD THAT SUITS THEIR FAMILIES TASTES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,027,309
Program Service Revenue $0
Investment Income $291
Other Revenue $46,783
TOTAL REVENUE $2,074,383

Expense Breakdown

Grants Paid $2,006,206
Salaries & Benefits $221,669
Fundraising Expenses $0
Program Expenses $2,213,861
Other Expenses $80,954
TOTAL EXPENSES $2,308,829

Year-over-Year Comparison

2023 2022 Change
Revenue $2,074,383 $2,237,556 -0.1%
Expenses $2,308,829 $1,858,293 +0.2%
Net Income $-234,446 $379,263 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
3
Volunteers
1742

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
1
$73,751
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGIE GREEN EXECUTIVE DIRECTOR 40.00
Director
$73,751 $0 $73,751
KATE MANELIS PRESIDENT 8.00
Officer
$0 $0 $0
RACHAEL GARRISON SECRETARY 4.00
Officer
$0 $0 $0
ANDREA JOHNSON VICE PRESIDENT 4.00
Officer
$0 $0 $0
CHERYL PAYNE TREASURER 4.00
Officer
$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
2024 No data No data No data No data
2023 $2,074,383 $2,308,829 $799,308 $-234,446
2022 $2,237,556 $1,858,293 $998,907 $379,263
2021 $2,728,428 $2,773,139 $645,058 $-44,711
2020 $757,142 $556,042 $668,272 $201,100
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