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Nonprofit · EIN 41-1676826

AUSTIN PUBLIC EDUCATION FOUNDATION INC

Tax-exempt · AUSTIN, MN 55912

Financials

$196K$166K2023$252K$187K2024
Revenue Expenses · by fiscal year end
Financials of AUSTIN PUBLIC EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$251,565$186,601$64,964$3,067,164$103,774$2,963,390
June 30, 2024990$195,646$166,088$29,558$2,886,070$102,770$2,783,300
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$76,556
Membership dues
$1,288
Program service revenue
$1,250
Investment income
$181,729
Net gain from sales of assets
$92,906
Net income from fundraising events
-$7,970
Other revenue
-$7,970

Expenses

Grants and similar amounts paid
$136,523
Compensation of officers, directors and key employees
$13,000
Salaries, compensation and benefits (total)
$13,000
Professional fundraising fees
$0
Accounting fees
$6,725
Program services (functional)
$140,093
Management and general (functional)
$46,508

Balance sheet and other

Total assets, start of year
$2,886,070
Total assets, end of year
$3,067,164
Total liabilities, end of year
$103,774
Net assets, end of year
$2,963,390
Publicly traded securities
$2,989,192
Net assets without donor restrictions
$643,359
Net assets with donor restrictions
$2,320,031
Gross receipts
$700,519
Employees
0
Volunteers
12
Year formed
1991
State of legal domicile
MN

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.

NameTitleHours / weekCompensation
SARAH QUALEYExecutive Dir.
Trustee or director
15$13,000
CAROLYN DUBEPresident
Trustee or director, Officer
2$0
CHRISTINE HULSEBUSVice President
Trustee or director, Officer
2$0
TOM KLAPPERICHTreasurer
Trustee or director, Officer
2$0
DERIK GUSTAFSONSecretary
Trustee or director, Officer
2$0
LORI MARCODirector
Trustee or director
1$0
LINDSAY BIRESDirector
Trustee or director
1$0
REBECCA BRYSONDirector
Trustee or director
1$0
BRITT FOSSUMDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
CAROLYN DUBEPresident
Trustee or director, Officer
2$14,600
CHRISTINE HULSEBUSVice President
Trustee or director, Officer
2$0
TOM KLAPPERICHTreasurer
Trustee or director, Officer
2$0
DERIK GUSTAFSONSecretary
Trustee or director, Officer
2$0
LORI MARCODirector
Trustee or director
1$0
LINDSAY BIRESDirector
Trustee or director
1$0
REBECCA BRYSONDirector
Trustee or director
1$0
JENNIFER BOYSENExecutive Dir.
Trustee or director
15$0
BRITT FOSSUMDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 878, AUSTIN, MN 55912-0878
Principal officer (990 for 2024)
CAROLYN DUBE, P O BOX 878, AUSTIN, MN 55912
Signed the 990
CAROLYN DUBE, President
Phone
(507) 438-0592
Return prepared by
Accurant LLC

Mission

TO PROVIDE FUNDING FOR CLASS SUPPLIES, PROJECTS, GRANTS AND AWARDS THAT IMPROVE THE QUALITY OF EDUCATION FOR THE STUDENTS IN AUSTIN SCHOOLS.

990 for the year ended June 30, 2025

Program accomplishments

  • RAISING FUNDS TO SUPPORT, AID AND PROMOTE EDUCATIONAL PROGRAMS IN INDEPENDENT SCHOOL DISTRICT NO. 492.
    Expenses $140,093 · grants $107,186

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-1676826
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
1991
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B120)
Assets (IRS master file)
$3,067,164
Income (IRS master file)
$700,519

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$251,565$186,601$3,067,164IRS
990June 2024$195,646$166,088$2,886,070XML
990June 2023$131,537$176,554$2,499,264IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 41-1676826).

Questions about AUSTIN PUBLIC EDUCATION FOUNDATION INC

What is the EIN of AUSTIN PUBLIC EDUCATION FOUNDATION INC?
The employer identification number (EIN) of AUSTIN PUBLIC EDUCATION FOUNDATION INC is 41-1676826.
Is AUSTIN PUBLIC EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to AUSTIN PUBLIC EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AUSTIN PUBLIC EDUCATION 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 AUSTIN PUBLIC EDUCATION FOUNDATION INC 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 AUSTIN PUBLIC EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AUSTIN PUBLIC EDUCATION FOUNDATION INC?
The 990 for the year ended June 30, 2025 names CAROLYN DUBE.
Who are the officers and directors of AUSTIN PUBLIC EDUCATION FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $13,000 (SARAH QUALEY, Executive Dir.).
How much revenue does AUSTIN PUBLIC EDUCATION FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $251,565, expenses of $186,601 and total assets of $3,067,164 at year end.

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