Nonprofit · EIN 87-1469056
SOUTH BEAR SCHOOL
Tax-exempt · DECORAH, IA 52101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990-PF | $3,208 | $2,316 | $892 | $2,398 | $0 | $2,398 |
| June 30, 2023 | 990-PF | $1,506 | $0 | $1,506 | $1,506 | $0 | $1,506 |
Financial details: 990-PF for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $1,225
- Other income
- $1,905
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,500
Balance sheet and other
- Total assets, start of year
- $1,506
- Total assets, end of year
- $2,398
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,398
- Fair market value of assets
- $2,398
- Qualifying distributions
- $76
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-PF for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marguerite Schwarz 2248 A South Bear Road, DECORAH, IA 52101 | Executive Director | 6 | $750 |
| Phil Raskin 2248 A South Bear Road, DECORAH, IA 52101 | Board Member | 1 | $750 |
| Lane Schwarz 2248 South Bear Road, DECORAH, IA 52101 | Board President | 3 | $0 |
| Sophie Schwarz 2248 A South Bear Road, DECORAH, IA 52101 | Secretary | 2 | $0 |
| William Schwarz 2248 A South Bear Road, DECORAH, IA 52101 | Board Member | 2 | $0 |
| Juliana Barth 2248 A South Bear Road, DECORAH, IA 52101 | Board Member | 1 | $0 |
990-PF for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lane Schwarz 2248 South Bear Road, DECORAH, IA 52101 | Board President | 15 | $0 |
| Marguerite Schwarz 2248 South Bear Road, DECORAH, IA 52101 | Treasurer | 15 | $0 |
| Sophie Schwarz 2248 South Bear Road, DECORAH, IA 52101 | Secretary | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2248 SOUTH BEAR RD, DECORAH, IA 52101-7898
- In care of
- % MARGUERITE SCHWARZ
- Signed the 990-PF
- Lane Schwarz, Board President
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-1469056
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A25)
- Assets (IRS master file)
- $2,398
- Income (IRS master file)
- $3,470
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2024 | $3,208 | $2,316 | $2,398 | XML |
| 990-PF | June 2023 | $1,506 | $0 | $1,506 | XML |
| 990-PF | June 2022 | $1 | $0 | $1 | 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 87-1469056).
Questions about SOUTH BEAR SCHOOL
- What is the EIN of SOUTH BEAR SCHOOL?
- The employer identification number (EIN) of SOUTH BEAR SCHOOL is 87-1469056.
- Is SOUTH BEAR SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to SOUTH BEAR SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SOUTH BEAR SCHOOL file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SOUTH BEAR SCHOOL 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 SOUTH BEAR SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2024.
- Who are the officers and directors of SOUTH BEAR SCHOOL?
- The 990-PF for the year ended June 30, 2024 lists 6 people; 2 received compensation from the organization, the highest $750 (Marguerite Schwarz, Executive Director).
- How much revenue does SOUTH BEAR SCHOOL have?
- On its 990-PF for the year ended June 30, 2024 it reported revenue of $3,208, expenses of $2,316 and total assets of $2,398 at year end.
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All nonprofits in DECORAH · Iowa · Arts, culture and humanities