2025-03-07T16:24:53-05:00 2024-06-30 432016112 Ledgers Inc 9 S Broadway Watertown SD 57201 990 2023-07-01 460453170 ARROW EDUCATION FOUNDATION INC ARRO 200 9TH STREET NE WATERTOWN SD 57201 BRIAN BUISKER PRESIDENT 6058826399 2025-02-11 true true Lisa Boersma CPA P01078736 6058820686 2025-03-07 2023 2025-03-06 01:10:19Z BRIAN BUISKER 584818 false X WWW.ARROWEDUCATIONFOUNDATION.COM X 1999 SD PROVIDE RESOURCES TO GENUINELY ENHANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN THE WATERTOWN, SD SCHOOL DISTRICT 11 11 2 75 0 0 391617 391372 191381 179467 1134 409 -60267 -83271 523865 487977 262329 163451 0 5172 2246 0 24795 124670 174895 392171 340592 131694 147385 3086397 3378800 21547 9948 3064850 3368852 PROVIDE RESOURCES TO GENUINELY ENHANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN THE WATERTOWN, SD SCHOOL DISTRICT false false 209568 GRANTS AWARDED TO WSD EDUCATORS TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN THE WSD, AND SCHOLARSHIPS AWARDED TO WHS STUDENT GRADUATES FOR HIGHER EDUCATION 31705 PRINTING AND POSTAGE FOR WATERTOWN HIGH SCHOOL ALUMNI AND FRIENDS NEWSLETTER. SENT TO SHARE WSD, ALUMNI, COMMUNITY AND FOUNDATION INFORMATION WITH ALUMNI AND FRIENDS OF THE FOUNDATION 241273 true true false false false false false true true false true false false false false false false false false false false false false true false false true true false false false false false false false false false true false false false false true false false false false true 2 0 true 2 true false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true false true false false false X CRIS ORTMEIER 6058826399 200 9TH STREET NE WATERTOWN SD 57201 X MELISSA HERRBOLDT DIRECTOR 1.00 0.00 X 0 0 0 JILL MAKEPEACE DIRECTOR 1.00 0.00 X 0 0 0 MATT ROBY VICE PRESIDENT 1.00 0.00 X 0 0 0 SALENA ENGELS DIRECTOR 1.00 0.00 X 0 0 0 MELISSA TERRONEZ TREASURER 1.00 0.00 X 0 0 0 JENNIFER BRIST DIRECTOR 1.00 0.00 X 0 0 0 JACKIE LAKE SECRETARY 1.00 0.00 X 0 0 0 JENNIFER BOLLINGER DIRECTOR 1.00 0.00 X 0 0 0 KARI LOHR WSD BOARD LIASON 1.00 0.00 X 0 0 0 JEFF DANIELSEN SUPERINTENDENT 1.00 0.00 X 0 0 0 BRIAN BUISKER PRESIDENT 4.00 0.00 X X 0 0 0 0 0 0 0 false false false 254176 137196 50772 391372 ENDOWMENT FUND EARNINGS 900099 179467 179467 179467 409 409 13570 254176 96841 -83271 -83271 487977 179467 0 -82862 104401 104401 59050 59050 2086 1043 1043 160 80 80 82649 37192 20662 24795 4147 4147 7353 7353 30229 30229 7523 7518 5 7310 7310 1388 284 1104 777 777 DUES AND SUBSCRIPTIONS 1814 1814 ALUMNI & FRIENDS NEWSLETTER 31705 31705 340592 241273 74524 24795 164720 124708 3440 2918237 3254092 3086397 3378800 392 17200 5650 3955 4298 21547 9948 X 2608637 2845352 456213 523500 3064850 3368852 3086397 3378800 147385 156617 0 X false false false X X 1 WATERTOWN SCHOOL DISTRICT 466001273 2 true 195156 0 1 195156 0 true false true false true false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 2918237 30000 336084 30229 3254092 2717674 11015 217144 27596 2918237 3052364 100 -304630 30160 2717674 2473424 50 606200 27310 3052364 2442888 40953 87869 73725 24561 2473424 0.83910 0.16090 true false WATERTOWN COMMUNITY FOUNDATION 3254092 F 3254092 Escrow account liability (Part IV, line 2b) ESCROW ACCOUNTS CONSIST OF MONIES COLLECTED BY VARIOUS ALUMNI CLASSES OF THE WATERTOWN SCHOOL DISTRICT. THE ORGANIZATION HOLDS THE FUNDS FOR THE CLASSES AND DISTRIBUTES THEM AS DIRECTED BY EACH ALUMNI CLASS. Endowment funds intended uses (Part V, line 4) THE ORGANIZATIONS FINANCE COMMITTEE DETERMINES THE AMOUNT OF FUNDS AVAILABLE FOR DISTRIBUTION FROM EACH ENDOWED FUND. A 3% FLOOR TO A 5% CEILING OF THE 3-YEAR AVERAGE OF THE MARKET VALUE OF EACH ENDOWED FUND AS OF DECEMBER 31 IS AVAILABLE FOR DISTRIBUTION. THESE DISTRIBUTIONS ARE ISSUED AS SCHOLARSHIPS AND GRANTS TO THE STUDENTS AND CLASSROOMS OF THE WATERTOWN SCHOOL DISTRICT. THE GOAL OF THIS SPENDING POLICY IS TO PRESERVE GIFT PRINCIPAL, TO BRING GREATER PREDICABILITY TO ANNUAL EXPENDITURES AND TO PRUDENTLY BALANCE SHORT AND LONG-TERM PRIORITIES. HARVEST 165639 152069 13570 7750 41214 13570 600 12594 TRACK PROJ 40150 40150 2 61957 61957 500 4777 15836 267746 254176 13570 8250 41214 18347 600 28430 96841 -83271 true WATERTOWN SCHOOL DISTRICT 14-4 PO BOX 730 WATERTOWN SD 57201 466001273 501C6 104401 GENERAL SUPPORT SCHOLARSHIPS FOR STUDENTS AND NEW TEACHERS 75 59050 Monitoring procedures (Part I, line 2) THE ORGANIZATION USES THE FOLLOWING PROCEDURES TO MONITOR FUNDS DISTRIBUTED TO GRANTEES AND SCHOLARSHIP WINNERS:-IN THE FIRST YEAR, THE ORGANIZATION REQUESTS FEEDBACK FROM THE RECIPIENTS ABOUT THE IMPLEMENTATION AND IMPACT-AT ONE AND THREE YEARS, THE GRANTS ARE MONITORED WITH THE RECIPIENT AND THEIR BUILDING LEADER-EACH PURCHASE FOR A GRANT IS TRACKED AND RECONCILED WITH THE ITEMS THAT WERE SAID WOULD BE PURCHASED-ALL GRANTS RECEIVED ARE REPORTED IN THE ALUMNI & FRIENDS NEWSLETTER AND STORIES ARE WRITTEN ABOUT MANY OF THEM. 13,000 COPIES OF THE NEWSLETTER ARE DISTRIBUTED TWICE PER YEAR X AUCTION DONATION ITEMS 143 33229 COMPARABLE SALES X MASONRY BRICKS 1 900 COMPARABLE SALES X EVENT FOODBEVERAGES 5 2991 COMPARABLE SALES X ADVERTISING 6 13652 COMPARABLE SALES false true false Form 990 governing body review Part VI line 11 THE FORM 990 WAS EMAILED TO THE PRESIDENT OF THE GOVERNING BOARD FOR REVIEW AND APPROVAL. THE FORM 990 IS FILED ONCE APPROVAL IS RECEIVED. Conflict of interest policy compliance Part VI line 12c OFFICERS AND MEMBERS OF THE GOVERNING BOARD ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT UPON COMMENCEMENT OF THEIR RELATIONSHIP WITH THE ORGANIZATION OR AT THE OFFICIAL ADOPTION OF STATED POLICY. THIS STATEMENT REQUIRES THEM TO DISCLOSE ANY INTEREST THEY MAY HAVE IN A TRANSACTION OR DECISION WHERE THEY WILL RECEIVE A BENEFIT OR GAIN. THE POLICY AND DISCLOSURE FORM MUST BE SIGNED ANNUALLY BY ALL SPECIFIED PARTIES. ANY CONFLICTS THAT DO ARISE MUST BE DISCLOSED IN WRITING TO THE BOARD OF DIRECTORS. THE INTERESTED OFFICER OR MEMBER MAY NOT VOTE ON THE MATTER OR BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT THE MEETING OF THE BOARD AT WHICH SUCH MATTER IS VOTED UPON. ANY TRANSACTION IN WHICH AN OFFICER OR MEMBER HAS A FINANCIAL OR PERSONAL INTEREST MUST BE DULY APPROVED BY MEMBERS OF THE BOARD AS BEING IN THE BEST INTEREST OF THE ORGANIZATION. AND, IF ANY PAYMENTS ARE MADE TO AN INTERESTED OFFICER OR MEMBER, THEY MUST BE REASONABLE AND NOT EXCEED FAIR MARKET VALUE. FINALLY, THE MINUTES OF THE MEETING AT WHICH SUCH VOTES WERE TAKEN WILL RECORD THE INTERESTED OFFICER OR MEMBERS DISCLOSURE, ABSTENTION AND RATIONALE FOR APPROVAL. Governing documents etc available to public Part VI line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. WATERTOWN SCHOOL DISTRICT 14-4 PO BOX 730 WATERTOWN SD 57201 466001273 SCHOOL SD 501C6 2 N/A false