Nonprofit · EIN 20-4287931
CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION
Tax-exempt · CEDAR FALLS, IA 50613
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,081,514 | $3,318,752 | -$1,237,238 | $6,776,129 | $1,657 | $6,774,472 |
| June 30, 2024 | 990 | $2,663,127 | $1,508,602 | $1,154,525 | $8,049,219 | $1,635 | $8,047,584 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,517,806
- Program service revenue
- $0
- Investment income
- $563,708
- Net gain from sales of assets
- $275,871
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,183,694
- Other salaries and wages
- $69,940
- Salaries, compensation and benefits (total)
- $77,470
- Professional fundraising fees
- $0
- Accounting fees
- $2,400
- Occupancy
- $1,800
- Program services (functional)
- $3,228,010
- Management and general (functional)
- $68,937
- Fundraising (functional)
- $21,805
Balance sheet and other
- Total assets, start of year
- $8,049,219
- Total assets, end of year
- $6,776,129
- Total liabilities, end of year
- $1,657
- Net assets, end of year
- $6,774,472
- Publicly traded securities
- $3,306,765
- Net assets without donor restrictions
- $522,301
- Net assets with donor restrictions
- $6,252,171
- Gross receipts
- $2,801,774
- Employees
- 2
- Volunteers
- 50
- Year formed
- 2005
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONICA BOYER | EXECUTIVE DI Officer | 25 | $55,957 |
| KATHY BUTLER | DIRECTOR Trustee or director | – | $0 |
| CHRIS GEHLING | DIRECTOR Trustee or director | – | $0 |
| DENELLE GONNERMAN | EX-OFFICIO Trustee or director | – | $0 |
| SUSIE HINES | DIRECTOR Trustee or director | – | $0 |
| ROCHELLE KANE | VICE PRESIDE Trustee or director, Officer | – | $0 |
| AMY KOHLHAAS | DIRECTOR Trustee or director | – | $0 |
| RJ MEYER | DIRECTOR Trustee or director | – | $0 |
| TRACY MUDD | DIRECTOR Trustee or director | – | $0 |
| JAYMIE ODELL | DIRECTOR Trustee or director | – | $0 |
| ANDY PATTEE | EX-OFFICIO Trustee or director | – | $0 |
| HELEN PEARCE | TREASURER Trustee or director, Officer | – | $0 |
| VICKIE ROBINSON | PAST PRESIDE Trustee or director, Officer | – | $0 |
| JESSIE SORENSEN | PRESIDENT Trustee or director, Officer | – | $0 |
| BRIAN UNRUH | DIRECTOR Trustee or director | – | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVE VANDEVENTER | DIRECTOR Trustee or director | – | $0 |
| BONNIE WULFEKUHLE | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONICA BOYER | EXECUTIVE DI Officer | 25 | $44,892 |
| KATHY BUTLER | DIRECTOR Trustee or director | – | $0 |
| CHRIS GEHLING | DIRECTOR Trustee or director | – | $0 |
| DENELLE GONNERMAN | EX-OFFICIO Trustee or director | – | $0 |
| SUSIE HINES | DIRECTOR Trustee or director | – | $0 |
| ROCHELLE KANE | VICE PRESIDE Trustee or director, Officer | – | $0 |
| RJ MEYER | DIRECTOR Trustee or director | – | $0 |
| TRACY MUDD | DIRECTOR Trustee or director | – | $0 |
| JAYMIE ODELL | DIRECTOR Trustee or director | – | $0 |
| ANDY PATTEE | EX-OFFICIO Trustee or director | – | $0 |
| HELEN PEARCE | TREASURER Trustee or director, Officer | – | $0 |
| VICKIE ROBINSON | PAST PRESIDE Trustee or director, Officer | – | $0 |
| JESSIE SORENSEN | PRESIDENT Trustee or director, Officer | – | $0 |
| BRIAN UNRUH | DIRECTOR Trustee or director | – | $0 |
| DAVE VANDEVENTER | DIRECTOR Trustee or director | – | $0 |
| BONNIE WULFEKUHLE | SECRETARY Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 602 MAIN ST, CEDAR FALLS, IA 50613-2949
- In care of
- % CEDAR FALLS COMMUNITY SCHOOLS
- Principal officer (990 for 2024)
- JESSIE SORENSEN, 602 MAIN ST, CEDAR FALLS, IA 50613
- Signed the 990
- JESSIE SORENSEN, PRESIDENT
- Phone
- (319) 268-7007
- Website
- WWW.CFSCHOOLS.ORG/FOUNDATION
- Return prepared by
- ROTH TAX & ACCOUNTING
Mission
SUPPORTING, ENHANCING AND EXPANDING OPPORUTNITES THROUGHOUT CEDAR FALLS COMMUNITY SCHOOLS.
Program accomplishments
- THE CEDAR FALLS COMMUNITY SCHOOL FOUNDATION RAISES FUNDS WHICH ARE USED TO ENCOURAGE AND PROMOTE THE IMPROVEMENT OF THE QUALITY OF EDUCATION WITHIN THE CEDAR FALLS COMMUNITY SCHOOL DISTRICT.Expenses $3,203,459 · grants $3,159,143
- PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS AND RECENT GRADUATES THAT ARE CONTINUING THEIR POST HIGH SCHOOL EDUCATIONS.Expenses $24,551 · grants $24,551
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4287931
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B192)
- Assets (IRS master file)
- $6,776,129
- Income (IRS master file)
- $2,801,774
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,081,514 | $3,318,752 | $6,776,129 | XML |
| 990 | June 2024 | $2,663,127 | $1,508,602 | $8,049,219 | XML |
| 990 | June 2023 | $2,362,738 | $575,911 | $6,666,997 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4287931).
Questions about CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION
- What is the EIN of CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION?
- The employer identification number (EIN) of CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION is 20-4287931.
- Is CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION?
- The 990 for the year ended June 30, 2025 names JESSIE SORENSEN.
- Who are the officers and directors of CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $55,957 (MONICA BOYER, EXECUTIVE DI).
- How much revenue does CEDAR FALLS COMMUNITY SCHOOLSFOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,081,514, expenses of $3,318,752 and total assets of $6,776,129 at year end.
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