Nonprofit · EIN 45-5615797
ISD 88 FOUNDATION
Tax-exempt · NEW ULM, MN 56073
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $98,198 | $60,806 | $37,392 | $698,832 | $3,728 | $695,104 |
| December 31, 2024 | 990 | $85,832 | $46,687 | $39,145 | $618,973 | $3,558 | $615,415 |
| December 31, 2023 | 990 | $79,374 | $41,616 | $37,758 | $597,533 | $17,243 | $580,290 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $78,043
- Program service revenue
- $0
- Investment income
- $29,281
- Net gain from sales of assets
- $10,558
- Net income from fundraising events
- -$9,126
- Other revenue
- -$9,126
Expenses
- Grants and similar amounts paid
- $20,225
- Compensation of officers, directors and key employees
- $20,148
- Salaries, compensation and benefits (total)
- $23,481
- Professional fundraising fees
- $0
- Accounting fees
- $6,408
- Program services (functional)
- $27,806
- Management and general (functional)
- $12,322
- Fundraising (functional)
- $20,678
Balance sheet and other
- Total assets, start of year
- $618,973
- Total assets, end of year
- $698,832
- Total liabilities, end of year
- $3,728
- Net assets, end of year
- $695,104
- Net assets without donor restrictions
- $107,328
- Net assets with donor restrictions
- $587,776
- Gross receipts
- $109,549
- Employees
- 1
- Volunteers
- 10
- Year formed
- 2012
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE KIRCHER | EXECUTIVE DI Officer | 20 | $20,148 |
| ABBY SWENSON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MIKE BENZ | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| JACOB HOLM | TREASURER Trustee or director, Officer | 2 | $0 |
| SARAH SVEINE | SECRETARY Trustee or director, Officer | 1 | $0 |
| KOREY WOODLEY | DIRECTOR Trustee or director | 1 | $0 |
| KAITLIN HOULIHAN | DIRECTOR Trustee or director | 1 | $0 |
| KAY BURNETT MARTIN | DIRECTOR Trustee or director | 1 | $0 |
| CODY KOHN | DIRECTOR Trustee or director | 1 | $0 |
| SEAN KOSTER | EX-OFFICIO Trustee or director | 1 | $0 |
| HAROLD ENAMORADO | DIRECTOR Trustee or director | 1 | $0 |
| IRENE ACHMAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BENZ | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| LISA BESEMER | SECRETARY Trustee or director, Officer | 2 | $0 |
| JILL CURRY | DIRECTOR Trustee or director | 1 | $0 |
| JACOB HOLM | TREASURER Trustee or director, Officer | 2 | $0 |
| SANDRA JUNI | DIRECTOR Trustee or director | 1 | $0 |
| TIM KNAAK | DIRECTOR Trustee or director | 1 | $0 |
| CODY KOHN | DIRECTOR Trustee or director | 1 | $0 |
| SEAN KOSTER | EX-OFFICIO Trustee or director | 1 | $0 |
| KAY BURNETT MARTIN | DIRECTOR Trustee or director | 1 | $0 |
| JIM PEARSON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN RODENBERG | DIRECTOR Trustee or director | 1 | $0 |
| ABBY SWENSON | PRESIDENT Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BENZ | DIRECTOR Trustee or director | 1 | $0 |
| LISA BESEMER | SECRETARY Trustee or director, Officer | 2 | $0 |
| JILL CURRY | DIRECTOR Trustee or director | 1 | $0 |
| SHANNON FRAUENHOLZ | DIRECTOR Trustee or director | 1 | $0 |
| JACOB HOLM | TREASURER Trustee or director, Officer | 2 | $0 |
| SANDRA JUNI | DIRECTOR Trustee or director | 1 | $0 |
| TIM KNAAK | DIRECTOR Trustee or director | 1 | $0 |
| SEAN KOSTER | EX-OFFICIO Trustee or director | 1 | $0 |
| MIKE LIEB | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| KAY BURNETT MARTIN | DIRECTOR Trustee or director | 1 | $0 |
| JIM PEARSON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN RODENBERG | DIRECTOR Trustee or director | 1 | $0 |
| ABBY SWENSON | PRESIDENT Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 572, NEW ULM, MN 56073-0572
- Mailing address (990-N for 2013)
- PO Box 572, NEW ULM MN 56073
- Principal officer (990 for 2025)
- ABBY SWENSON
- Principal officer (990-N for 2013)
- Tracie Vranich, 2014 S Broadway St 306, NEW ULM MN 56073
- Signed the 990
- ABBY SWENSON, PRESIDENT
- Phone
- (507) 233-8313
- Website
- www.isd88foundation.org
- Return prepared by
- CARLSONSV LLP
Mission
TO ENHANCE THE QUALITY OF EDUCATION IN ISD 88 WHILE CREATING PARTNERSHIPS BETWEEN OUR SCHOOLS, OUR COMMUNITIES AND ALUMNI.
Program accomplishments
- DURING 2025, THE ISD 88 FOUNDATION CONTINUED TO EXPAND ON THEIR GRANTING PROCESS TO GIVE FUNDS TO THE NEW ULM PUBLIC SCHOOLS FOR EDUCATIONAL ENHANCEMENTS. THE FOUNDATION WAS ABLE TO FUND FOUR PROJECTS IN 2025. THE FIRST WAS MIDDLE SCHOOL MICROSCOPES. THIS GRANT UPGRADED MICROSCOPES TO ENSURE A SMOOTH TRANSITION TO HIGH SCHOOL SCIENCE, GIVING EACH STUDENT HANDS-ON ACCESS DURING CLASS. THE NEXT GRANT WAS FOR GLOCKENSPIELS FOR JEFFERSON ELEMENTARY. THIS GRANT INTRODUCED INSTRUMENTS FOR GRADES 1-4 TO BUILD FOUNDATIONAL MUSIC SKILLS THROUGH HANDS-ON LEARNING. THE THIRD GRANT WAS FOR MIDDLE SCHOOL CIRCUT MACHINES. THIS PROVIDED TOLLS TO SUPPORT STUDENT CREATIVITY, ENTREPRENEURSHIP, AND REAL- WROLD DESIGN SKILLS. THE LAST GRANT WAS FOR INNOVATIVE SEATING IN MRS. BROOKS CLASS. THIS ADDED FLEXIBLE SEATING OPTIONS LIKE KICKSTAND DESKS AND MEDICINE BALLS TO HLEP ACTIVE LEARNERS STAY FOCUSED AND ENGAGED.Expenses $27,806 · grants $20,225
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-5615797
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $698,832
- Income (IRS master file)
- $109,549
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $98,198 | $60,806 | $698,832 | XML |
| 990 | December 2024 | $85,832 | $46,687 | $618,973 | XML |
| 990 | December 2023 | $79,374 | $41,616 | $597,533 | XML |
| 990 | December 2022 | $70,176 | $38,250 | $510,832 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2013 Officer: Tracie Vranich | December 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ISD 88 FOUNDATION
- What is the EIN of ISD 88 FOUNDATION?
- The employer identification number (EIN) of ISD 88 FOUNDATION is 45-5615797.
- Is ISD 88 FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to ISD 88 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ISD 88 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 ISD 88 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 ISD 88 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 ISD 88 FOUNDATION?
- The 990 for the year ended December 31, 2025 names ABBY SWENSON.
- Who are the officers and directors of ISD 88 FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $20,148 (STEPHANIE KIRCHER, EXECUTIVE DI).
- How much revenue does ISD 88 FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $98,198, expenses of $60,806 and total assets of $698,832 at year end.
Other nonprofits in NEW ULM
- GRACE IN ACTION EIN 27-1931920 · last filed 990 for 2024
- AMAZING GRACE VIRTUAL ACADEMY EIN 46-1419809 · last filed 990 for 2026
- MINNESOTA VALLEY LUTHERAN HIGH SCHOOL FOUNDATION INC EIN 41-1564640 · last filed 990-PF for 2025
- NEW ULM EAGLES UNIFIED BOOSTER CLUB INC EIN 81-3536966 · last filed 990-EZ for 2025
- NEW ULM EDUCATION ASSOCIATION EIN 23-7125435 · last filed 990-N for 2025
- EAGLE ENTERPRISES OF NEW ULM HIGH SCHOOL INC EIN 86-2062454 · last filed 990-N for 2025
- FRIENDS OF THE NEW ULM PUBLIC LIBRARY EIN 20-8469700 · last filed 990-N for 2025
- JEFFERSON ELEMENTARY PTO - NEW ULM EIN 33-2544642 · last filed 990-N for 2025