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Nonprofit · EIN 47-0713910

BEATRICE EDUCATIONAL FOUNDATION INC

Tax-exempt · BEATRICE, NE 68310

Financials

$905K$452K2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of BEATRICE EDUCATIONAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,215,032$1,228,453-$13,421$3,450,772$1,017$3,449,755
December 31, 2023990$904,608$452,109$452,499$3,286,250$5,765$3,280,485
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$940,466
of which government grants
$10,000
Program service revenue
$170,153
Investment income
$75,708
Net gain from sales of assets
$23,713
Net income from fundraising events
$28,705
Other revenue
$28,705

Expenses

Grants and similar amounts paid
$945,319
Compensation of officers, directors and key employees
$77,793
Other salaries and wages
$134,777
Salaries, compensation and benefits (total)
$230,957
Professional fundraising fees
$0
Accounting fees
$9,875
Program services (functional)
$1,182,440
Management and general (functional)
$46,013

Balance sheet and other

Total assets, start of year
$3,286,250
Total assets, end of year
$3,450,772
Total liabilities, end of year
$1,017
Net assets, end of year
$3,449,755
Publicly traded securities
$2,940,424
Net assets without donor restrictions
$141,253
Net assets with donor restrictions
$3,308,502
Gross receipts
$2,177,837
Employees
65
Volunteers
15
Year formed
1987
State of legal domicile
NE

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.

NameTitleHours / weekCompensation
JAMI VATEREXECUTIVE DI
Officer
40$50,040
DORIS MARTINMARKETING SP
Officer
40$27,753
KATIE HUMBLEPRESIDENT
Trustee or director, Officer
1$0
ANDY CAROTHERSPAST PRESIDE
Trustee or director, Officer
1$0
ROSS BAUMANTRUSTEE
Trustee or director
1$0
JOYCE BLACKWELLTRUSTEE
Trustee or director
1$0
NATE CLABAUGHTRUSTEE
Trustee or director
1$0
DAN GLEASONTRUSTEE
Trustee or director
1$0
SANDI HOFFMANTRUSTEE
Trustee or director
1$0
FRED HEARDTRUSTEE
Trustee or director
1$0
ANN LUERSTRUSTEE
Trustee or director
1$0
KAY MCKINZIETRUSTEE
Trustee or director
1$0
CAROL OLTMANTRUSTEE
Trustee or director
1$0
STEPHANIE PERKINSTRUSTEE
Trustee or director
1$0
LISA PIEPERTRUSTEE
Trustee or director
1$0
2 more people on this return
NameTitleHours / weekCompensation
JASON SUTTERTRUSTEE
Trustee or director
1$0
STEVEN TIMMTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
DORIS MARTINEXECUTIVE DI
Officer
40$38,710
JAMI VATEREXECUTIVE DI
Officer
40$24,660
KRISTEN JENSENEXECUTIVE DI
Officer
40$16,680
ANDY CAROTHERSPRESIDENT
Trustee or director, Officer
1$0
SANDI HOFFMANPAST PRESIDE
Trustee or director, Officer
1$0
ROSS BAUMANTRUSTEE
Trustee or director
1$0
JOYCE BLACKWELLTRUSTEE
Trustee or director
1$0
NATE CLABAUGHTRUSTEE
Trustee or director
1$0
DAN GLEASONTRUSTEE
Trustee or director
1$0
KATIE HUMBLETRUSTEE
Trustee or director
1$0
FRED HEARDTRUSTEE
Trustee or director
1$0
KAY MCKINZIETRUSTEE
Trustee or director
1$0
CAROL OLTMANTRUSTEE
Trustee or director
1$0
STEPHANIE PERKINSTRUSTEE
Trustee or director
1$0
LISA PIEPERTRUSTEE
Trustee or director
1$0
STEVEN TIMMTRUSTEE
Trustee or director
1$0
VAUGHN WRIGHTTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
320 N 5TH ST, BEATRICE, NE 68310-2957
Principal officer (990 for 2024)
JAMI VATER, 320 NORTH 5TH STREET, BEATRICE, NE 68310
Signed the 990
JAMI VATER, EXECUTIVE DIRECTOR
Phone
(402) 223-1500
Return prepared by
DANA F COLE & COMPANY LLP

Mission

SUPPORT BEATRICE PUBLIC SCHOOLS AND PROVIDE SCHOLARSHIPS FOR GRADUATES.

990 for the year ended December 31, 2024

Program accomplishments

  • SCHOLARSHIPS FOR CURRENT AND GRADUATING STUDENTS.
    Expenses $84,795 · grants $84,795
  • SCHOOL SUPPORT AND OTHER PROGRAM EXPENSES - BEATRICE PUBLIC SCHOOLS WHICH INCLUDES THE BEATRICE PUBLIC SCHOOLS AFTER SCHOOL PROGRAM.
    Expenses $1,097,645 · grants $860,524 · revenue $170,153

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-0713910
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,450,772
Income (IRS master file)
$2,177,837

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,215,032$1,228,453$3,450,772XML
990December 2023$904,608$452,109$3,286,250XML
990December 2022$677,200$437,976$2,552,751IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 47-0713910).

Questions about BEATRICE EDUCATIONAL FOUNDATION INC

What is the EIN of BEATRICE EDUCATIONAL FOUNDATION INC?
The employer identification number (EIN) of BEATRICE EDUCATIONAL FOUNDATION INC is 47-0713910.
Is BEATRICE EDUCATIONAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to BEATRICE EDUCATIONAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BEATRICE 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 BEATRICE 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 BEATRICE 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 BEATRICE EDUCATIONAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JAMI VATER.
Who are the officers and directors of BEATRICE EDUCATIONAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 17 people; 2 received compensation from the organization, the highest $50,040 (JAMI VATER, EXECUTIVE DI).
How much revenue does BEATRICE EDUCATIONAL FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,215,032, expenses of $1,228,453 and total assets of $3,450,772 at year end.

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