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Shoals Community School Corporation Veba Trust

  • Shoals, IN
  • Tax-exempt since Aug. 2014
  • EIN: 45-3790836

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Teachers Retirement Fund Association (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$78.7k (2024)

Expenses
$15k (2024)

Total Assets
$528k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2013 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$78,739
Expenses
$14,997
Net Income
$63,742
Net Assets
$527,508
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,787
34.0%
Investment Income $5,948
7.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $46,004
58.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $527,508
Total Liabilities $0
Net Assets $527,508
Compensation
Key Employees and Officers Compensation Related Other
Kindra Hovis (Superintendent) $0 $0 $0
Kendra Wright (Treasurer) $0 $0 $0
Darla Holt (Corporate Secretary) $0 $0 $0

Document Links

990
Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,793
Expenses
$16,529
Net Income
-$10,736
Net Assets
$463,766
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $446
7.7%
Investment Income $5,347
92.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $463,766
Total Liabilities $0
Net Assets $463,766
Compensation
Key Employees and Officers Compensation Related Other
Kindra Hovis (Superintendent) $0 $0 $0
Kendra Wright (Treasurer) $0 $0 $0
Darla Holt (Corporate Secretary) $0 $0 $0

Document Links

990
Filed on May 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,419
Expenses
$66,007
Net Income
-$55,588
Net Assets
$474,502
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,826
46.3%
Investment Income $5,593
53.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $474,502
Total Liabilities $0
Net Assets $474,502
Compensation
Key Employees and Officers Compensation Related Other
Kendra Wright (Superintendent) $0 $0 $0
Kindra Hovis (Treasurer) $0 $0 $0

Document Links

990
Filed on May 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,693
Expenses
$24,955
Net Income
-$6,262
Net Assets
$530,090
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,348
55.4%
Investment Income $8,345
44.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $530,090
Total Liabilities $0
Net Assets $530,090
Compensation
Key Employees and Officers Compensation Related Other
Candace Roush (Superintendent) $0 $0 $0
Lisa Elliot (Treasurer) $0 $0 $0

Document Links

990
Filed on Oct. 29, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,344
Expenses
$20,035
Net Income
$309
Net Assets
$536,352
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,180
55.0%
Investment Income $8,486
41.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $678
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $536,352
Total Liabilities $0
Net Assets $536,352

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,732
Expenses
$31,791
Net Income
-$14,059
Net Assets
$536,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,936
56.0%
Investment Income $7,244
40.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $552
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $536,043
Total Liabilities $0
Net Assets $536,043

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,172
Expenses
$53,726
Net Income
-$33,554
Net Assets
$550,102
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,028
64.6%
Investment Income $7,144
35.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $550,102
Total Liabilities $0
Net Assets $550,102

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,425
Expenses
$24,116
Net Income
-$4,691
Net Assets
$583,157
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,685
55.0%
Investment Income $8,740
45.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $583,157
Total Liabilities $0
Net Assets $583,157

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,517
Expenses
$35,468
Net Income
-$14,951
Net Assets
$587,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,144
54.3%
Investment Income $9,373
45.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $587,280
Total Liabilities $0
Net Assets $587,280

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,815
Expenses
$54,284
Net Income
-$30,469
Net Assets
$601,605
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,430
48.0%
Investment Income $11,832
49.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $553
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $601,605
Total Liabilities $0
Net Assets $601,605

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,500
Expenses
$77,210
Net Income
-$51,710
Net Assets
$632,074
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,926
42.8%
Investment Income $14,574
57.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $632,074
Total Liabilities $0
Net Assets $632,074

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,990
Expenses
$58,571
Net Income
-$45,581
Net Assets
$683,358
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,275
79.1%
Investment Income $16,701
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$13,986
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $683,358
Total Liabilities $0
Net Assets $683,358

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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