Nonprofit · EIN 38-2528009
WATERFORD FOUNDATION FOR PUBLIC EDUCATION
Tax-exempt · WATERFORD, MI 48330
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $265,579 | $188,879 | $76,700 | $2,373,370 | $190,537 | $2,182,833 |
| June 30, 2024 | 990 | $178,551 | $179,685 | -$1,134 | $2,158,882 | $171,907 | $1,986,975 |
| June 30, 2023 | 990 | $122,075 | $270,394 | -$148,319 | $2,049,583 | $182,923 | $1,866,660 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $148,895
- Program service revenue
- $10,300
- Investment income
- $61,008
- Net income from fundraising events
- $45,376
- Other revenue
- $45,376
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,075
- Program services (functional)
- $139,898
- Management and general (functional)
- $37,627
- Fundraising (functional)
- $11,354
Balance sheet and other
- Total assets, start of year
- $2,158,882
- Total assets, end of year
- $2,373,370
- Total liabilities, end of year
- $190,537
- Net assets, end of year
- $2,182,833
- Publicly traded securities
- $2,251,312
- Net assets without donor restrictions
- $1,958,115
- Net assets with donor restrictions
- $224,718
- Gross receipts
- $265,579
- Employees
- 0
- Volunteers
- 30
- Year formed
- 1984
- State of legal domicile
- MI
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 |
|---|---|---|---|
| MARGIE GOBLER | TREASURER Trustee or director, Officer | 0 | $0 |
| JOHN HIMMELSPACH | PRESIDENT Officer | 1 | $0 |
| MEGAN MCCOY | SECRETARY Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGIE GOBLER | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN HIMMELSPACH | PRESIDENT Officer | 1 | $0 |
| MEGAN MCCOY | SECRETARY Officer | – | $0 |
| LORI STEPANSKI | RECORDING SE Officer | 1 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL COUGHLIN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MEGAN DENNIS | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MARGIE GOBLER | TREASURER Trustee or director, Officer | 1.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 300681, WATERFORD, MI 48330-0681
- Signed the 990
- MARGIE GOBLER, TREASURER
- Phone
- (248) 673-9898
- Return prepared by
- K GALLOWAY & CO CPA PC
Mission
THE ORGANIZATION RECEIVES FORMAL REQUESTS FOR GRANTS FROM VARIOUS SCHOOLS WITHIN THE LOCAL SCHOOL DISTRICT. THESE REQUESTS ARE REVIEWED BY THE GRANT COMMITTEE AND RECOMMENDATIONS MADE TO THE BOARD AS A WHOLE. THE BOARD DETERMINES WHETHER THE GRANTS ARE APPROVED AND MONIES ALLOCATED ACCORDINGLY.
Program accomplishments
- EDUCATIONAL ASSISTANCE GRANTS PAID TO THE WATERFORD SCHOOL DISTRICT ON BEHALF OF THE WATERFORD FOUNDATION FOR PUBLIC EDUCATION AND THE MARGIE ARSEN EARLY CHILDHOOD DEVELOPMENT FUND.Expenses $96,701
- DITTRICH FUND SCHOLARSHIPSExpenses $1,000
- EDWARD KUHN SCHOLARSHIPExpenses $9,000
- OTHER GRANTS TO WATERFORD SCHOOLS FOR EDUCATIONAL ASSISTANCE. EVENTS HELD TO RECOGNIZE THE ACHIEVEMENTS ATTAINED BY INDIVIDUAL STUDENTS AND TEACHERS OF THE WATERFORD SCHOOL DISTRICT. MLS LEGACY PROGRAM PROVIDING WATERFORD SCHOOL DISTRICT WITH PROGRAM GRANTS ON A DISTRICT WIDE BASIS VERSUS TO INDIVIDUAL TEACHERS AND SCHOOLS.Expenses $33,197
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
- 38-2528009
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B00J)
- Assets (IRS master file)
- $2,373,370
- Income (IRS master file)
- $265,579
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $265,579 | $188,879 | $2,373,370 | IRS |
| 990 | June 2024 | $178,551 | $179,685 | $2,158,882 | XML |
| 990 | June 2023 | $122,075 | $270,394 | $2,049,583 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 38-2528009).
Questions about WATERFORD FOUNDATION FOR PUBLIC EDUCATION
- What is the EIN of WATERFORD FOUNDATION FOR PUBLIC EDUCATION?
- The employer identification number (EIN) of WATERFORD FOUNDATION FOR PUBLIC EDUCATION is 38-2528009.
- Is WATERFORD FOUNDATION FOR PUBLIC EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to WATERFORD FOUNDATION FOR PUBLIC EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERFORD FOUNDATION FOR PUBLIC EDUCATION 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 WATERFORD FOUNDATION FOR PUBLIC EDUCATION 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 WATERFORD FOUNDATION FOR PUBLIC EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of WATERFORD FOUNDATION FOR PUBLIC EDUCATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does WATERFORD FOUNDATION FOR PUBLIC EDUCATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $265,579, expenses of $188,879 and total assets of $2,373,370 at year end.
Other nonprofits in WATERFORD
- MEDIA NETWORK OF WATERFORD COVERT CENTER EIN 38-3443828 · last filed 990 for 2025
- OAKLAND SCHOOL EDUCATION FOUNDATION EIN 38-3533533 · last filed 990 for 2025
- LOMAS BROWN JR FOUNDATION INC EIN 38-3137179 · last filed 990-EZ for 2024
- TWENDE OUTREACH INTERNATIONAL INC EIN 82-4837173 · last filed 990-EZ for 2024
- DETROIT SPARTANS EIN 27-3908793 · last filed 990-EZ for 2025
- OAKDALE ACADEMY EIN 46-1423557 · last filed 990-N for 2024
- KETTERING ORCHESTRA BOOSTERS EIN 87-1339960 · last filed 990-N for 2025
- BEAUMONT ELEMENTARY PTO EIN 81-2935208 · last filed 990-N for 2025