Classroom Central Inc
- Assets
- $14.3m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Charlotte, NC
- Founding
- 07/2002
- Data as of
- 06/2022
- EIN
- 03-0455618
Organization Overview
Classroom Central Inc is located in Charlotte, NC. The organization was established in 2002. 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, Classroom Central Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Classroom Central Inc 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 06/2022, Classroom Central Inc generated $10.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $7.6m during the year ending 06/2022. While expenses have increased by 11.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CLASSROOM CENTRAL FOSTERS EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF CC IS TO FOSTER EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED. WE ACCOMPLISH THIS BY DISTRIBUTING FREE SCHOOL SUPPLIES AND OTHER EDUCATIONAL MATERIALS THROUGH FOUR PROGRAMS: FREE STORE, MOBILE FREE STORE, ONLINE ORDERING WITH CURBSIDE PICK-UP, SUBSCRIPTIONS SERVICE (BEGINNING TEACHERS) AND BACKPACKS AND BASICS (OUR ONLY DIRECT-TO-SCHOOLS INITIATIVE). TEACHERS AND OTHER SCHOOL PERSONNEL IN QUALIFYING HIGH-NEEDS SCHOOLS AS DEFINED BY THE NATIONAL SCHOOL LUNCH PROGRAM, MAY "SHOP" FOR FREE SUPPLIES THROUGHOUT THE ACADEMIC YEAR. ALL MATERIALS DISTRIBUTED ARE USED TO CREATE INVITING LEARNING ENVIRONMENTS, AND TO SUPPORT THE ACADEMIC AND PERSONAL GROWTH OF LOW-SOCIOECONOMIC STUDENTS. THE FREE STORE PROGRAM IS OPEN WEEKLY THROUGHOUT THE SCHOOL YEAR FOR TEACHER SHOPPING. OUR MOBILE FREE STORE TRAVELS ONCE PER WEEK AND VISITS DISTRICTS SERVED (CURRENTLY SIX SCHOOL DISTRICTS TO INCLUDE CHARLOTTE MECKLENBURG, KANNAPOLIS CITY, IREDELL-STATESVILLE, UNION COUNTY, GASTON COUNTY IN NC AS WELL AS LANCASTER COUNTY SCHOOLS IN SC) AND WORKS ON A SIX-WEEK ROTATION THROUGHOUT THE ACADEMIC YEAR TO ENSURE THAT TEACHERS FURTHEST FROM OUR FREE STORE MAY RECEIVE AMPLE SUPPLIES AND RESOURCES. OUR ONLINE ORDERING WITH CURBSIDE PICK-UP PROGRAM WAS LAUNCHED DURING THE COVID-19 PANDEMIC AS A WAY TO ENSURE TEACHERS AND STUDENTS WERE ABLE TO RECEIVE NEEDED SUPPLIES SAFELY AND EFFICIENTLY. THE PROGRAM WAS SO POPULAR THAT IT HAS BEEN INCORPORATED AS A PERMANENT PART OF OUR OPERATIONS. TEACHERS PLACE AN ORDER ONLINE VIA THE CLASSROOM CENTRAL WEBSITE, ORDERS ARE PACKED BY VOLUNTEERS AND ARE AVAILABLE TO BE PICKED UP THROUGH A DRIVE-THRU SYSTEM. OUR SUBSCRIPTION SERVICE PROVIDES FREE SCHOOL SUPPLIES TO FIRST-YEAR TEACHERS IN ELIGIBLE CHARLOTTE-MECKLENBURG SCHOOLS. EACH QUARTER, SUPPLIES ARE SHIPPED DIRECTLY TO THE FIRST-YEAR TEACHERS. FINALLY, BACKPACKS AND BASICS ENGAGES DONORS TO OFFSET THE COST OF PROVIDING A NEW BACKPACK FILLED WITH BASIC SCHOOL SUPPLIES FOR STUDENTS ATTENDING THE HIGHEST NEEDS SCHOOLS WITHIN OUR SERVICE AREA. CLASSROOM CENTRAL HAS DISTRIBUTED MORE THAN 80 MILLION IN SUPPLIES AND RESOURCES SINCE OPENING IN 2002.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Calder Executive Di | OfficerTrustee | 40 | $178,640 |
Angie Bartles Ex-Officio M | Trustee | 1 | $0 |
Vanecia Carr Board Member | Trustee | 1 | $0 |
Don Bridges Board Member | Trustee | 1 | $0 |
James Chemplavil Board Member | Trustee | 1 | $0 |
Aj Deluca Treasurer | Trustee | 1 | $0 |
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 | $10,350,277 |
| Noncash contributions included in lines 1a–1f | $6,044,777 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,350,277 |
| Total Program Service Revenue | $0 |
| Investment income | $357 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $150,585 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,548,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,450,905 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,193 |
| Compensation of current officers, directors, key employees. | $18,019 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $462,331 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $104,695 |
| Payroll taxes | $44,988 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,242 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $34,374 |
| Office expenses | $29,693 |
| Information technology | $53,186 |
| Royalties | $0 |
| Occupancy | $13,901 |
| Travel | $1,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,050 |
| Insurance | $20,257 |
| All other expenses | $0 |
| Total functional expenses | $7,634,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,068,155 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $910,201 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,582,657 |
| Prepaid expenses and deferred charges | $168,153 |
| Net Land, buildings, and equipment | $2,502,108 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,435 |
| Total assets | $14,278,709 |
| Accounts payable and accrued expenses | $52,504 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $52,504 |
| Net assets without donor restrictions | $14,209,902 |
| Net assets with donor restrictions | $16,303 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,278,709 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Classroom Central Inc has recieved totaling $19,506.
| Awarding Organization | Amount |
|---|---|
Paul E And Mary Grace Utterback Foundation Ocean Springs, MS PURPOSE: TO ENHANCE CHARITABLE FOUNDATION | $10,000 |
D G Brungard Foundation W Dundee, IL PURPOSE: OPERATIONS | $5,006 |
Hall Foundation Inc Charlotte, NC PURPOSE: PROVIDE ESSENTIAL SCHOOL SUPPLIES TO HIGH-NEED SCHOOLS | $4,500 |
Endowment Analysis
| Beg. Balance | $16,303 |
| Ending Balance | $16,303 |