ASSUMPTION FOUNDATION FOR K-12 SCHOOLS Charity Report

Public IRS 990 nonprofit record

ASSUMPTION FOUNDATION FOR K-12 SCHOOLS

EIN 23-7311256 · Private Independent Foundations (T22)

What they do

to ADVOCATE for and ADVANCE THE EXCELLENCE of CATHOLIC EDUCATION AT ASSUMPTION HIGH SCHOOL, and IN THE CATHOLIC ELEMENTARY SCHOOLS of SCOTT COUNTY, IOWA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

115.74%of revenue went to mission work91.7% of expenses · Program services

0.98%of revenue went to fundraising0.8% of expenses

$126.27spent for every $100 of revenueSpending was higher than revenue this year.

8.72%of revenue went to management and office costs6.9% of expenses

$9.01in assets for every $1 spent this yearSome assets cannot be spent right away.

27.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $165,074 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $41,540 for US BANK NA (TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$628,314

Mission workProgram services$727,239115.74% of revenue91.7% of expenses

ManagementOffice and general costs$54,7758.72% of revenue6.9% of expenses

FundraisingAsking for donations$6,1740.98% of revenue0.8% of expenses

Total expenses$793,388126.27% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.7% mission · 6.9% management · 0.8% fundraisingTotal expenses: 126.27% of revenue

2023Expense mix: 82.3% mission · 17.7% management · 0.0% fundraisingTotal expenses: 37.25% of revenue

2022Expense mix: 80.9% mission · 19.1% management · 0.0% fundraisingTotal expenses: 26.47% of revenue

Money in and money out

Revenue$628,314

Expenses$793,388

Annual shortfall $165,074 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$727,239 · 91.7% of expenses

Management and office costs$54,775 · 6.9% of expenses

Fundraising$6,174 · 0.8% of expenses

See all reported dollar amounts

Revenue$628,314

Expenses$793,388

Assets$7,146,917

Income$2,522,391

Contributions$169,519

Mission work (program services)$727,239

Fundraising$6,174

Grants given$1,057,132

Average grant$132,142

Management and general$54,775

Executive compensation (total)$33,459

Stocks and bonds$6,051,114

Accounting fees$750

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

US BANK NATRUSTEE · 1 hrs/week $41,540

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

US BANK NATRUSTEE

NICK HAUTDIRECTOR

JOHN CAROLDIRECTOR

KRISTYN TJADENDIRECTOR

KURT TJADENDIRECTOR

MARTY ELLERSDIRECTOR

MICHAEL J VONDERHAARDIRECTOR

MIKE BYRNEDIRECTOR

MIKE CORYNDIRECTOR

MIKE VONDERHAARDIRECTOR

JEFF OROUKEDIRECTOR

PAT DOYLEDIRECTOR

RICHARD J KOESTNERDIRECTOR

ROSEMARY BARTONDIRECTOR

TOM DANIELDIRECTOR

TOM SUNDERBRUCHDIRECTOR

TONY BRADLEYDIRECTOR

WILLIAM D BARRETTOFFICER

DENNIS CONARDDIRECTOR

BEN JOBGENDIRECTOR

BILL BARRETTDIRECTOR

BRIAN DUFFYDIRECTOR

BRIDGET MURPHYDIRECTOR

DAN CONROYDIRECTOR

DAN TIMMONSDIRECTOR

DANIEL DEVRIESDIRECTOR

DEB CASSELDIRECTOR

ANDY CRAIGDIRECTOR

DICK KOESTNERDIRECTOR

DOUG JENKINSDIRECTOR

DOUG JENNINGSDIRECTOR

EDMUND CARROLL JROFFICER, ERMITAS

ELEANOR GONZALESDIRECTOR

ERIC VANSEVERANDIRECTOR

JAN WESTDIRECTOR

About this charity

Recognized since: January 1973
Location: PO BOX 0634, MILWAUKEE, WI 532010634
County: Milwaukee
In care of: U S BANK N A TRUSTEE
Primary officer: U S BANK N A TRUSTEE, TRUSTEE

How to reach them

WebsiteVisit the charity’s website Phone(563) 328-3104

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Private Independent Foundations (T22)
IRS tax category: Private Independent Foundations
Grant-giving organization: Yes