Nonprofit · EIN 51-0649214
MARSHALLTOWN EDUCATION PARTNERSHIP INC
Tax-exempt · MARSHALLTOWN, IA 50158
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $232,086 | $249,149 | -$17,063 | $779,258 | $0 | $779,258 |
| June 30, 2024 | 990 | $222,976 | $93,907 | $129,069 | $588,653 | $0 | $588,653 |
| June 30, 2023 | 990-EZ | -$1,693 | $72,921 | -$74,614 | $367,399 | $0 | $367,399 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $211,097
- Program service revenue
- $0
- Investment income
- $20,989
- Net gain from sales of assets
- $2,991
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $198,062
- Other salaries and wages
- $23,776
- Salaries, compensation and benefits (total)
- $41,865
- Professional fundraising fees
- $0
- Legal fees
- $1,850
- Program services (functional)
- $198,062
- Management and general (functional)
- $51,087
Balance sheet and other
- Total assets, start of year
- $588,653
- Total assets, end of year
- $779,258
- Total liabilities, end of year
- $0
- Net assets, end of year
- $779,258
- Gross receipts
- $232,086
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2007
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT SCHMIT | DIRECTOR Trustee or director | 0.25 | $0 |
| KARINA HERNANDEZ | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| MICHELLE BURGESS | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| ANGELA FRITZ | DIRECTOR/TREASURER Trustee or director, Officer | 0.25 | $0 |
| THERON SCHUTTE | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT SCHMIT | DIRECTOR Trustee or director | 0.25 | $0 |
| THERON SCHUTTE | DIRECTOR Trustee or director | 0.25 | $0 |
| TERRY D BUZBEE | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| ANGELA FRITZ | DIRECTOR/TREASURER Trustee or director, Officer | 0.25 | $0 |
990-EZ for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COORDINATOR | MEP PROGRAM CHAIR | 25 | $14,922 | $9,908 |
| KARN GREGOIRE | DIRECTOR | 0.25 | $0 | $0 |
| THERON SCHUTTE | DIRECTOR | 0.25 | $0 | $0 |
| TERRY D BUZBEE | PRESIDENT, DIRECTOR | 0.25 | $0 | $0 |
| MATT THEBEAU | TREASURER, DIRECTOR | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2110 S CENTER ST STE 306, MARSHALLTOWN, IA 50158-5951
- In care of
- % TERRY D BUZBEE
- Mailing address (990-N for 2009)
- 112 West Church Street, Marshalltown IA 50158
- Principal officer (990 for 2024)
- MICHELLE BURGESS, 2110 S CENTER ST 306, MARSHALLTOWN, IA 50158
- Principal officer (990-N for 2009)
- Terry D Buzbee, 112 West Church Street, Marshalltown IA 50158
- Signed the 990
- MICHELLE BURGESS, CO-PRESIDENT
- Phone
- (641) 255-2576
- Return prepared by
- BROWN WINICK GRAVES GROSS & BASKERVILLE
Mission
THE PRIMARY PURPOSE OF THE MARSHALLTOWN EDUCATIONAL PARTNERSHIP IS TO RAISE FUNDS TO PROVIDE EDUCATIONAL SCHOLARSHIPS FOR THE BENEFIT OF QUALIFIED MARSHALLTOWN HIGH SCHOOL GRADUATES TO ATTEND MARSHALLTOWN COMMUNITY COLLEGE AS A FIRST-GENERATION COLLEGE STUDENT.
Program accomplishments
- DURING THE FISCAL YEAR ENDING JUNE 30, 2025, THE MARSHALLTOWN EDUCATIONAL PARTNERSHIP AWARDED $198,062 TO MARSHALLTOWN COMMUNITY COLLEGE, AS AN AFFILIATE, FOR EDUCATIONAL SCHOLARSHIPS FOR QUALIFIED INDIVIDUALS WHO WERE BOTH GRADUATES OF MARSHALLTOWN HIGH SCHOOL AND FIRST IN THEIR FAMILIES TO PURSUE POST-SECONDARY EDUCATION.Expenses $198,062 · grants $198,062
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0649214
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $779,258
- Income (IRS master file)
- $232,086
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $232,086 | $249,149 | $779,258 | XML |
| 990 | June 2024 | $222,976 | $93,907 | $588,653 | XML |
| 990-EZ | June 2023 | -$1,693 | $72,921 | $367,399 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-N for 2009 Officer: Terry D Buzbee | June 30, 2010 | ≤ $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 51-0649214).
Questions about MARSHALLTOWN EDUCATION PARTNERSHIP INC
- What is the EIN of MARSHALLTOWN EDUCATION PARTNERSHIP INC?
- The employer identification number (EIN) of MARSHALLTOWN EDUCATION PARTNERSHIP INC is 51-0649214.
- Is MARSHALLTOWN EDUCATION PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to MARSHALLTOWN EDUCATION PARTNERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARSHALLTOWN EDUCATION PARTNERSHIP 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 MARSHALLTOWN EDUCATION PARTNERSHIP 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 MARSHALLTOWN EDUCATION PARTNERSHIP 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 MARSHALLTOWN EDUCATION PARTNERSHIP INC?
- The 990 for the year ended June 30, 2025 names MICHELLE BURGESS.
- Who are the officers and directors of MARSHALLTOWN EDUCATION PARTNERSHIP INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does MARSHALLTOWN EDUCATION PARTNERSHIP INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $232,086, expenses of $249,149 and total assets of $779,258 at year end.
Other nonprofits in MARSHALLTOWN
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- MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION EIN 42-6096518 · last filed 990-N for 2025
- IOWA STATE TROWEL TRADES APPRENTICESHIP TRADE TRUST FUND EIN 39-1880824 · last filed 990 for 2024
- J G GUTEKUNST TRUST EIN 42-6195862 · last filed 990 for 2025
- PHYLLIS PERRY HULTON EDUCATIONAL TRUST EIN 42-6526655 · last filed 990-PF for 2025
- FRIENDS OF THE MARSHALLTOWN IOWA PUBLIC LIBRARY INC EIN 42-1469271 · last filed 990 for 2024
- BOBCAT BOOSTEER CLUB EIN 42-1234482 · last filed 990-N for 2025