EIN 20-5286383

Heart of Iowa School Tuition Organization

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2006
Most recent tax filings
2022-12-01
Description
Elementary & Secondary Education: The organization distributes from funds raised in the form of scholarships to low income families. Low income was defined as families with income less than three times the poverty level for their household. The state requires that 90% of the funds be distributed to these families and that is always complied with but usually at least 97% of the donations have been distributed to students attending State Accredited Non-Public Schools. Low income is defined as families with income less than four times the poverty level for their household.
Total revenues
$2,822,143
2022
Total expenses
$2,183,334
2022
Total assets
$2,747,567
2022
Num. employees
0
2022

Program areas at Heart of Iowa School Tuition Organization

Elementary & secondary education: the state requires that 90% of the funds raised for scholarships be distributed to low income families attending state accredited non-public schools which has always been done by this sto. The Organization distributed 99% of the funds raised for scholarships for low income families attending state accredited non-public schools for the School year covered by this form 990.

Grants made by Heart of Iowa School Tuition Organization

GranteeGrant descriptionAmount
Des Moines Christian School Association (DMCS)To Provide Student Scholarships$679,698
Grand View Christian School AssociationTo Provide Student Scholarships$297,275
Pella Christian Grade SchoolTo Provide Student Scholarships$264,445
...and 12 more grants made

Who funds Heart of Iowa School Tuition Organization

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$30,025
Schwab Charitable FundEducation$10,000

Personnel at Heart of Iowa School Tuition Organization

NameTitleCompensation
Glen SwansonTreasurer$0
Jacob HardimanSecretary$0
Tyler TeskePresident$0
Rob SpykstraSecretary$0
Cheryl MinorTreasurer$0
...and 3 more key personnel

Financials for Heart of Iowa School Tuition Organization

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,818,643
Program services$0
Investment income and dividends$3,500
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,822,143

Form 990s for Heart of Iowa School Tuition Organization

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-02990View PDF
2021-122022-10-25990View PDF
2020-122021-08-09990View PDF
2019-122021-02-19990View PDF
2018-122019-10-21990View PDF
...and 10 more Form 990s

Organizations like Heart of Iowa School Tuition Organization

OrganizationLocationRevenue
St David's Foundation Community FundAustin, TX$7,913,769
Mississippi Valley School Tuition OrganizationDavenport, IA$1,422,477
Jacksonville Promise NFPJacksonville, IL$990,947
School Tuition Organization 4 Kidz STO4KidzPhoenix, AZ$1,260,150
Garden City Community College Endowment AssociationGarden City, KS$997,612
Msu Beaver BoostersMinot, ND$1,205,468
Heart and Mind FoundationChicago, IL$1,532,957
Soldier StrongStamford, CT$1,176,295
MeorSilver Spring, MD$5,067,456
Legacy Scholarship Fund / The American Legion September 11 Memorial Scholarship Trust FundIndianapolis, IN$1,660,609
Data update history
June 5, 2023
Updated personnel
Identified 6 new personnel
July 1, 2022
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2022
Updated personnel
Identified 3 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 3, 2021
Updated personnel
Identified 3 new personnel
Nonprofit Types
Civic / social organizationsSchoolsCharities
Issues
HealthEducationDiseases and disorders
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
13007 Douglas Pkwy Ste 100
Urbandale, IA 50323
Metro area
Des Moines-West Des Moines, IA
County
Polk County, IA
Website URL
heartofiowasto.org/ 
Phone
(641) 204-1893
IRS details
EIN
20-5286383
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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