Skip to main content

Nonprofit · EIN 51-0646036

VERMILLION PUBLIC SCHOOLS FOUNDATION

Tax-exempt · VERMILLION, SD 57069

Financials

$502K$255K2023$503K$338K2024
Revenue Expenses · by fiscal year end
Financials of VERMILLION PUBLIC SCHOOLS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$502,713$338,196$164,517$1,283,188$0$1,283,188
December 31, 2023990$501,935$254,949$246,986$1,118,000$0$1,118,000
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$419,311
Program service revenue
$0
Investment income
$83,402
Other revenue
$0

Expenses

Grants and similar amounts paid
$291,573
Compensation of officers, directors and key employees
$26,245
Salaries, compensation and benefits (total)
$28,253
Professional fundraising fees
$0
Accounting fees
$1,167
Program services (functional)
$291,573
Management and general (functional)
$46,623

Balance sheet and other

Total assets, start of year
$1,118,000
Total assets, end of year
$1,283,188
Total liabilities, end of year
$0
Net assets, end of year
$1,283,188
Net assets without donor restrictions
$126,029
Net assets with donor restrictions
$1,157,159
Gross receipts
$502,713
Employees
1
Volunteers
13
Year formed
2006
State of legal domicile
SD

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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Mary GiffinExecutive Director
Key employee, Highest-paid employee
20$0$26,245
Elizabeth FrankinPresident
Trustee or director, Officer
10$0$0
Chuck LubbersVice President
Trustee or director, Officer
3$0$0
Andy SchulzTreasurer
Trustee or director, Officer
5$0$0
Melissa BerningerSecretary
Trustee or director, Officer
2$0$0
Joanne UstadDirector
Trustee or director
1$0$0
Sarah WittmussDirector
Trustee or director
1$0$0
Susan HackemarDirector
Trustee or director
1$0$0
Audrey LarsenDirector
Trustee or director
1$0$0
Hannah SchmidtDirector
Trustee or director
1$0$0
Tim SchornFormer President
Trustee or director, Former
10$0$0
Dan MourlamPast President
Former
0$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgs
Mary GiffinExecutive Director
Key employee, Highest-paid employee
20$0$18,525
Tim SchornPresident
Trustee or director, Officer
5$0$0
Elizabeth FrankinVice President
Trustee or director, Officer
3$0$0
Andy SchulzTreasurer
Trustee or director, Officer
5$0$0
Melissa BerningerSecretary
Trustee or director, Officer
2$0$0
Dan MourlamPast President
Trustee or director
2$0$0
Joanne UstadDirector
Trustee or director
1$0$0
Chuck LubbersDirector
Trustee or director
1$0$0
Sarah WittmussDirector
Trustee or director
1$0$0
Susan HackemarDirector
Trustee or director
1$0$0
Katharina WymarPast-President
Trustee or director
1$0$0
Catherine JohnsonFormer Director
Trustee or director, Former
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 569, VERMILLION, SD 57069-0569
In care of
% MARK FROKE
Mailing address (990-N for 2011)
17 Prospect Street, Vermillion SD 57069
Principal officer (990 for 2024)
Andy Schulz, PO Box 569, Vermillion, SD 57069
Principal officer (990-N for 2011)
Mark Froke, 17 Propsect Street, Vermillion SD 57069
Signed the 990
Andy Schulz, Treasurer
Phone
(605) 677-7000

Mission

To Support Opportunities for Learners to Confidently Succeed in a Diverse World

990 for the year ended December 31, 2024

Program accomplishments

  • Capital Equipment for the Vermillion School District. Major Project of 2024 was an accessible Playground for the newly built Elementary School - Grades PK to 5th Grade.
    Expenses $201,429 · grants $201,429
  • Student Support. Grades PK-12. Includes Scholarships for College to High School Seniors, Scholarships for the Middle Schoolers for Summer Learning Camps. Student Conferences and Class Trips. Also Included is Student Well Being and Dual Credit Support for underprivileged students,
    Expenses $54,723 · grants $54,723
  • Faculty Support and Faculty Professional Development
    Expenses $35,421 · grants $35,421

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0646036
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
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$1,283,188
Income (IRS master file)
$502,713

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$502,713$338,196$1,283,188XML
990December 2023$501,935$254,949$1,118,000XML
990December 2022$136,843$94,414$871,074IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2011
Officer: Mark Froke
December 31, 2011≤ $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 51-0646036).

Questions about VERMILLION PUBLIC SCHOOLS FOUNDATION

What is the EIN of VERMILLION PUBLIC SCHOOLS FOUNDATION?
The employer identification number (EIN) of VERMILLION PUBLIC SCHOOLS FOUNDATION is 51-0646036.
Is VERMILLION PUBLIC SCHOOLS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to VERMILLION PUBLIC SCHOOLS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VERMILLION PUBLIC SCHOOLS 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 VERMILLION PUBLIC SCHOOLS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VERMILLION PUBLIC SCHOOLS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VERMILLION PUBLIC SCHOOLS FOUNDATION?
The 990 for the year ended December 31, 2024 names Andy Schulz.
Who are the officers and directors of VERMILLION PUBLIC SCHOOLS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does VERMILLION PUBLIC SCHOOLS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $502,713, expenses of $338,196 and total assets of $1,283,188 at year end.

Other nonprofits in VERMILLION

All nonprofits in VERMILLION · South Dakota · Education