2025-05-01T08:58:05-05:00 2024-08-31 470716239 HAYES & ASSOCIATES LLC 13120 PIERCE ST SUITE 201 OMAHA NE 68144 990 2023-09-01 421374146 COUNCIL BLUFFS SCHOOLS FOUNDATION INC COUN 7123962079 300 WEST BROADWAY 212 COUNCIL BLUFFS IA 51503 BRIDGETTE WATSON ED 7123228800 2025-04-28 1 1 FRANK HAYES P00139616 4023902480 2025-04-28 2023 2025-03-06 01:10:19Z BRIDGETTE WATSON 300 WEST BROADWAY STE 212 COUNCIL BLUFFS IA 51503 3310057 0 X WWW.CBSF.ORG X 1991 IA TO PROVIDE FINANCIAL RESOURCES AND SUPPORT TO BENEFIT THE CHILDREN, FAMILIES, AND STAFF OF THE COUNCIL BLUFFS COMMUNITY SCHOOL DISTRICT. 14 14 73 15 0 0 1920731 672780 1484238 1919553 125267 142807 46071 43304 3576307 2778444 413630 737017 0 0 1573679 1729776 0 0 207950 4982401 621462 6969710 3088255 -3393403 -309811 6068565 4871292 230462 201482 5838103 4669810 X TO PROVIDE FINANCIAL RESOURCES AND SUPPORT TO BENEFIT THE CHILDREN, FAMILIES, AND STAFF OF THE COUNCIL BLUFFS COMMUNITY SCHOOL DISTRICT. 0 0 1577949 200289 1648956 KIDS & COMPANY PROVIDES CHILD CARE SERVICES TO ELEMENTARY SCHOOLAGED CHILDREN IN THE COUNCIL BLUFFS, IOWA AREA 280193 280193 270597 STARS PROGRAM A PROGRAM DESIGNED FOR LOWINCOME FULLTIME STUDENTS PURSUING A DEGREE. 71700 71700 SCHOLARSHIP PROGRAM ADMINISTER SCHOLARSHIPS TO STUDENTS FROM COUNCIL BLUFFS. 518618 184835 OTHER PROGRAM SERVICES INCLUDES $518,618 FOR EARLY LEARNING CENTER THAT WAS FUNDED BY CAPITAL CAMPAIGN CONTRIBUTIONS, WHICH WERE REPORTED AS RESTRICTED EXPENSE. 518618 184835 2448460 1 1 0 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 73 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BRIDGETTE WATSON 7123962079 300 WEST BROADWAY SUITE 212 COUNCIL BLUFFS IA 51503 ERIN JOHNSON PRESIDENT 1.00 X X 0 0 0 LONNY KOLLN VICE PRESIDENT 1.00 X X 0 0 0 MIKE RAU TREASURER 1.00 X X 0 0 0 MIKE WOLF SECRETARY 1.00 X X 0 0 0 ANA HERNANDEZ BOARD MEMBER 1.00 X 0 0 0 BETH WATKINS BOARD MEMBER 1.00 X 0 0 0 MARIA SOTUYI BOARD MEMBER 1.00 X 0 0 0 MIMI DOBSON BOARD MEMBER 1.00 X 0 0 0 ABBY HEISTAND BOARD MEMBER 1.00 X 0 0 0 MICHELLE HIERS BOARD MEMBER 1.00 X 0 0 0 JOSH KALLSEN BOARD MEMBER 1.00 X 0 0 0 DIANE OSTROWSKI BOARD MEMBER 1.00 X 0 0 0 MARK SCHULDT BOARD MEMBER 1.00 X 0 0 0 DR VICKIE MURRILO BOARD MEMBER 1.00 X 0 0 0 BRIDGETTE WATSON EXECUTIVE DIRECTOR 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 672780 672780 PARENT PAY 624410 1303973 1303973 FEES FROM GOVERNMENT A 624410 344983 344983 STARS 624410 270597 270597 1919553 74644 74644 571279 503116 68163 68163 68163 66394 28497 37897 37897 OTHER INCOME 900099 5407 5407 5407 2778444 1919553 0 186111 110800 110800 626217 626217 1473353 1128813 280251 64289 146395 115138 26156 5101 110028 84294 20933 4801 2476 1385 1023 68 6297 5318 782 197 6082 6082 74686 35986 34546 4154 14991 7993 5895 1103 4183 4183 44345 34099 8304 1942 COMMUNITY ASSISTANCE 320536 231330 89206 SCHOLARSHIPS 31269 28882 2387 FUNDRAISING EVENTS 28652 28652 SUPPLIES 23725 14371 7252 2102 64220 46634 13638 3948 3088255 2448460 431845 207950 1760416 1830072 1482007 102333 244820 160407 2800 0 96969 12051 138768 84918 632525 717755 1588197 1897666 219032 78141 6068565 4871292 116271 136959 114191 64523 230462 201482 X 0 0 0 0 0 -1168293 5838103 4669810 6068565 4871292 X -309811 283947 448740 19350 -1025467 -585052 X X 0 1 X 1 0 X 521565 1354781 6849602 1920731 981274 11627953 1171055 1145812 1496433 1484238 1648956 6946494 309520 309520 308860 448740 448740 1825380 2002140 2810113 8654895 3853709 3078970 20399827 0 0 0 20399827 78668 63856 115228 57021 142807 457580 78668 63856 115228 57021 142807 457580 1598 10987 5407 17992 2082406 2873969 8770123 3921717 3227184 20875399 0.97720 0.02190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1588197 21413 390292 102236 1897666 1460686 25732 127511 25732 1588197 1658039 76931 -232880 41404 1460686 1182200 304334 265015 93510 1658039 1129818 14266 80076 41960 1182200 0.40598 0.59402 0 0 20000 2167 17833 12446 9884 2562 64523 64523 84918 OTHER INVESTEMENTS 717755 F 717755 ENDOWMENT 1897666 F 1897666 OPERATING LEASE LIABILITIES, CURRENT PORTION 46153 OPERATING LEASE LIABILITIES, NET OF CURRENT PORTION 18370 64523 X 3491781 283947 448740 732687 2759094 19350 19350 2778444 3536995 448740 448740 3088255 0 3088255 PART V, LINE 4: ENDOWED FUNDS ARE HELD PRIMARILY FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A NON-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NOT CONSIDERED A PRIVATE FOUNDATION. THE FINANCIAL STATEMENTS WILL NOT REFLECT A PROVISION FOR INCOME TAXES, EXCEPT FO THE TAX ON UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED AUGUST 31, 2024 AND 2022, THE FOUNDATION HAD NO TAX LIABILITY FOR UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS AND DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE AUGUST 31, 2021 LUNCHEON 22084 22084 13607 GOLF OUTING 30302 30302 13225 1 14008 14008 1665 66394 66394 28497 28497 37897 1 CB COMMUNITY SCHOOLS 300 WEST BROADWAY SUITE 1600 COUNCIL BLUFFS IA 51503 426001281 50000 0 DIPLOMA PLUS CB COMMUNITY SCHOOLS 300 WEST BROADWAY SUITE 1600 COUNCIL BLUFFS IA 51503 426001281 20800 0 MUSIC GRANT CB COMMUNITY SCHOOLS 300 WEST BROADWAY SUITE 1600 COUNCIL BLUFFS IA 51503 426001281 35000 0 TEEN PARENTS GRADUATE STARS SCHOLARSHIP 58 270597 CB RESIDENT SCHOLARSHIPS 64 71700 KIDS & CO. 156 283920 PART I, LINE 2: ALL GRANTEES COMPLETE AN APPLICATION INCLUDING ELIGIBILITY REQUIREMENTS FOR INCOME AND HOUSEHOLD. CB SCHOLARSHIPS ARE PAID DIRECTLY TO EDUCATIONAL INSTITUTIONS. STARS SCHOLARS MEET WITH A PROGRAM DIRECTOR FOR APPROVED ASSISTANCE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS ROUTED TO THE BOARD MEMBERS ELECTRONICALLY AND APPROVED VIA ELECTRONIC BALLOT FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. CONFLICT OF INTEREST FORMS ARE PREPARED AND SIGNED BY DIRECTORS EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYMENT DATA FROM SURROUNDING REGIONS AND THE COMPANY BUDGET ARE REVIEWED BY BOARD MEMBERS AND EXECUTIVE DIRECTOR TO DETERMINE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ENTITY'S WEBSITE. FORM 990, PART XI, LINE 9: CORRECTIONS FOR AMOUNTS INCLUDED IN FUND BALANCES IN PY -585,052. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.