Nonprofit · EIN 42-1371311
SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC
Tax-exempt · SAC CITY, IA 50583
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $242,422 | $22,327 | $220,095 | $589,471 | $0 | $589,471 |
| December 31, 2023 | 990-EZ | $15,243 | $700 | $14,543 | $373,800 | – | $373,800 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $203,509
- Program service revenue
- $0
- Investment income
- $38,913
- Net gain from sales of assets
- $16,517
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $550
- Program services (functional)
- $16,735
- Management and general (functional)
- $5,592
Balance sheet and other
- Total assets, start of year
- $373,800
- Total assets, end of year
- $589,471
- Total liabilities, end of year
- $0
- Net assets, end of year
- $589,471
- Publicly traded securities
- $227,424
- Gross receipts
- $242,422
- Employees
- 0
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN WELLINGTON | TREASURER Officer | – | $0 |
| BRENT DREY | MEMBER Officer | – | $0 |
| DALLAS PULLEN | TEACH REPRES Officer | – | $0 |
| LANCE WILHELM | BOARD PRESID Officer | – | $0 |
| MARILYN LONGMAN | MEMBER Officer | – | $0 |
| MEGAN DOOLEY | MEMBER Officer | – | $0 |
| NANCY HANDLEY | SECRETARY Officer | – | $0 |
| REE IRWIN | VICE PRESIDE Officer | – | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REE IRWIN | VICE PRESIDE | 0 | $0 |
| LANCE WILHELM | BOARD PRESID | 0 | $0 |
| NANCY HANDLEY | SECRETARY | 0 | $0 |
| BEN WELLINGTON | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 272, SAC CITY, IA 50583-0272
- In care of
- % EAST SAC SCHOOL
- Principal officer (990 for 2024)
- LANCE WILHELM, 1210 LOSURE STREET, SAC CITY, IA 50583
- Signed the 990
- LANCE WILHELM, BOARD PRESIDENT
- Return prepared by
- TREVINO ASSOCIATES PC
Mission
SCHOLARSHIPS GIVEN TO SAC COMMUNITY GRADUATES TO GO TOWARDS COLLEGE EXPENSE
Program accomplishments
- SCHOLARSHIPS GIVEN TO SAC COMMUNITY GRADUATES TO GO TOWARD COLLEGE EXPENSESExpenses $11,050
- DONATIONSExpenses $5,685
- MEMORIAL
- MAINTENANCE FEES
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 42-1371311
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $589,471
- Income (IRS master file)
- $242,422
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $242,422 | $22,327 | $589,471 | IRS |
| 990-EZ | December 2023 | $15,243 | $700 | $373,800 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 42-1371311).
Questions about SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC
- What is the EIN of SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC is 42-1371311.
- Is SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC 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 SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names LANCE WILHELM.
- Who are the officers and directors of SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does SAC COMMUNITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $242,422, expenses of $22,327 and total assets of $589,471 at year end.
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