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Nonprofit · EIN 42-1316980

SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION

Tax-exempt · SHELDON, IA 51201

Financials

$96K$108K2023$116K$78K2024$109K$78K2025
Revenue Expenses · by fiscal year end
Financials of SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$109,204$77,773$31,431$1,524,901$0$1,524,901
December 31, 2024990$115,626$78,086$37,540$1,431,897$0$1,431,897
December 31, 2023990$95,842$108,335-$12,493$1,377,285$0$1,377,285
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$35,526
Program service revenue
$0
Investment income
$73,678
Net gain from sales of assets
$27,193
Other revenue
$0

Expenses

Grants and similar amounts paid
$65,813
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,225
Program services (functional)
$65,813
Management and general (functional)
$11,960

Balance sheet and other

Total assets, start of year
$1,431,897
Total assets, end of year
$1,524,901
Total liabilities, end of year
$0
Net assets, end of year
$1,524,901
Publicly traded securities
$1,321,321
Net assets without donor restrictions
$184,947
Net assets with donor restrictions
$1,339,954
Gross receipts
$276,112
Employees
0
Volunteers
11
Year formed
1987
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
CINDY BARWICKDIRECTOR
Trustee or director
1$0
JESSICA BRINKDIRECTOR
Trustee or director
1$0
JIM BUENGERTREASURER
Trustee or director, Officer
1$0
JANE DEBATESDIRECTOR
Trustee or director
1$0
KECIA HICKMANPRESIDENT
Trustee or director, Officer
1$0
JUSTIN JONASDIRECTOR
Trustee or director
1$0
MIKE KLEINWOLTERINKDIRECTOR
Trustee or director
1$0
AMY VAN MARELDIRECTOR
Trustee or director
1$0
TRACY MEYERDIRECTOR
Trustee or director
1$0
CORY MYERDIRECTOR
Trustee or director
1$0
SUSAN RENSINKSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
CINDY BARWICKDIRECTOR
Trustee or director
1$0
JESSICA BRINKDIRECTOR
Trustee or director
1$0
JIM BUENGERTREASURER
Trustee or director, Officer
1$0
JANE DEBATESDIRECTOR
Trustee or director
1$0
KECIA HICKMANDIRECTOR
Trustee or director
1$0
JUSTIN JONASPRESIDENT
Trustee or director, Officer
1$0
MIKE KLEINWOLTERINKDIRECTOR
Trustee or director
1$0
AMY VAN MARELDIRECTOR
Trustee or director
1$0
TRACY MEYERDIRECTOR
Trustee or director
1$0
CORY MYERDIRECTOR
Trustee or director
1$0
SUSAN RENSINKSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
CINDY BARWICKDIRECTOR
Trustee or director
1$0
JESSICA BRINKDIRECTOR
Trustee or director
1$0
JIM BUENGERTREASURER
Trustee or director, Officer
1$0
JANE DEBATESDIRECTOR
Trustee or director
1$0
JUSTIN JONASPRESIDENT
Trustee or director, Officer
1$0
MIKE KLEINWOLTERINKDIRECTOR
Trustee or director
1$0
TRACY MEYERDIRECTOR
Trustee or director
1$0
CORY MYERDIRECTOR
Trustee or director
1$0
SUSAN RENSINKSECRETARY
Trustee or director, Officer
1$0
PAM THORNTONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
830 23RD AVE, SHELDON, IA 51201-1725
In care of
% JAN TEN KLEY
Mailing address (990-N for 2017)
3547 Polk Avenue, Sanborn IA 51248
Principal officer (990 for 2025)
JIM BUENGER, 830 23RD AVE, SHELDON, IA 51201
Principal officer (990-N for 2017)
Tracy Meyer, 3547 Polk Avenue, Sanborn IA 51248
Signed the 990
JIM BUENGER, TREASURER
Phone
(712) 348-4118
Return prepared by
WILLIAMS & COMPANY CPA PC

Mission

THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, AND SCIENTIFIC PURPOSES AND, TO MAINTAIN, DEVELOP, INCREASE AND EXTEND THE FACILITIES, SERVICES, AND RESOURCES OF THE SHELDON COMMUNITY SCHOOL DISTRICT, AND TO PROVIDE BROADER EDUCATIONAL SERVICE OPPORTUNITIES TO ITS STUDENTS, STAFF, FACULTY, AND THE RESIDENTS OF THE GEOGRAPHICAL AREA WHICH IT SERVES.

990 for the year ended December 31, 2025

Program accomplishments

  • THE SCHOOL FOUNDATION ANNUALLY AWARDS POST-SECONDARY SCHOOL SCHOLARSHIPS FOR GRADUATING SENIORS AND FUNDS TO THE SCHOOL TO ENHANCE THE LEARNING EXPERIENCE OF THE STUDENTS.
    Expenses $65,813 · grants $65,813

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1316980
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
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,524,901
Income (IRS master file)
$276,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$109,204$77,773$1,524,901IRS
990December 2024$115,626$78,086$1,431,897XML
990December 2023$95,842$108,335$1,377,285XML
990December 2022$775,619$60,070$1,305,946IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2017
Officer: Tracy Meyer
December 31, 2017≤ $50,000 receipts––e-Postcard

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 42-1316980).

Questions about SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION

What is the EIN of SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION?
The employer identification number (EIN) of SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION is 42-1316980.
Is SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION 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 SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION?
The 990 for the year ended December 31, 2025 names JIM BUENGER.
Who are the officers and directors of SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION?
The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does SHELDON COMMUNITY SCHOOL EDUCATIONAL FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $109,204, expenses of $77,773 and total assets of $1,524,901 at year end.

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