Harmony Education Foundation

Organization Overview

Harmony Education Foundation is located in Houston, TX. The organization was established in 2015. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Harmony Education Foundation employed 204 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harmony Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Harmony Education Foundation generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 41.3% each year . All expenses for the organization totaled $9.2m during the year ending 06/2021. While expenses have increased by 44.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE HARMONY EDUCATION FOUNDATION IS TO ESTABLISH PROACTIVE PARTNERSHIPS AMONG EDUCATIONAL INSTITUTIONS, PHILANTHROPIC ORGANIZATIONS, THE PRIVATE SECTOR AND THE COMMUNITIES WE SERVE TO LINK RESOURCES WITH STUDENTS EDUCATIONAL NEEDS THROUGH SCHOLARSHIPS, CLASSROOM GRANTS AND OTHER EDUCATIONAL ENDEAVORS.

Describe the Organization's Program Activity:

DEVELOPMENT AND LEASE OF CHARTER SCHOOL PROPERTIES.


DEVELPOMENT AND LEASE OF CHARTER SCHOOL PROPERTIES


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Board, Officers & Key Employees

Name (title)Compensation
Dr Eugene T Eski
CEO
$142,300
Kamil K Celik
Secretary/tr
$0
Dr Ozgur Karakuzu
President
$0
Brandon Okafor
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lomas Charter Development Llc
$9,140,844
Hunton Andrews Kurth Llp
$371,522
Gignac & Associates Llp
$772,268
Addison Charter Development Llc
$11,032,637
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$41,262
Noncash contributions included in lines 1a–1f $41,262
Total Revenue from Contributions, Gifts, Grants & Similar$41,262
Total Program Service Revenue$184,385
Investment income $15,454
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,483,420
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,179,563

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