Guilford Education Alliance Inc
- Assets
- $474.7k
- Revenue
- $907.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Greensboro, NC
- Founding
- 07/2004
- Data as of
- 06/2021
- EIN
- 20-0328746
Organization Overview
Guilford Education Alliance Inc is located in Greensboro, NC. The organization was established in 2004. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Guilford Education Alliance Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guilford Education Alliance 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 06/2021, Guilford Education Alliance Inc generated $907.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $835.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GUILFORD EDUCATION ALLIANCE (GEA) IS COMMITTED TO MAXIMIZING SUPPORT FOR GUILFORD COUNTY SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY ,ISSUE COMMUNICATION AND COMMUNITY COLLABORATIONGEA ADVOCATES FOR STRONG INVESTMENT IN GUILFORD COUNTY SCHOOLS TO ENSURE THAT OUR COMMUNITY HAS A BRIGHT FUTURE. GEA EQUIPS COMMUNITY MEMBERS WITH THE INFORMATION THEY NEED TO WEIGH IN ON IMPORTANT POLICY DISCUSSIONS THAT IMPACT OUR SCHOOLS, EDUCATORS AND STUDENTS.GEA GATHERS COMMUNITY GROUPS FOR COLLABORATION ON WHAT IS NEEDED TO MAKE GCS BETTER FOR ITS STUDENTS.
TEACHER SUPPLY WAREHOUSETHE TEACHER SUPPLY WAREHOUSE PROVIDES FREE SUPPLIES TO GCS TEACHERS AND STUDENTS SO THEY HAVE THE TOOLS THEY NEED TO TEACH AND LEARN.
GCS SUPPORT & PROJECTS. GEA RAISES FUNDS TO SUPPORT STRATEGIC SCHOOL INITIATIVES. IN CURRENT AND PRIOR YEAR, THEY PROVIDED LAPTOP COMPUTERS TO ALL NEEDY STUDENTS TO ALLOW FOR VIRTUAL LEARNING DURING THE COVID PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Winston Mcgregor Executive Director | Officer | 50 | $118,807 |
Kevin Gray Vice Chair | OfficerTrustee | 1 | $0 |
Phillip Mccall Treasurer | OfficerTrustee | 1 | $0 |
Sara Millard Chair | OfficerTrustee | 1 | $0 |
Tawannah Allen Secretary | OfficerTrustee | 1 | $0 |
Rebecca Buffington Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $62,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $823,964 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $886,164 |
| Total Program Service Revenue | $0 |
| Investment income | $104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,382 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $907,919 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,413 |
| Compensation of current officers, directors, key employees. | $6,020 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $201,377 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,346 |
| Payroll taxes | $24,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,896 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,473 |
| Information technology | $216,690 |
| Royalties | $0 |
| Occupancy | $46,657 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,504 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,594 |
| Insurance | $1,682 |
| All other expenses | $2,993 |
| Total functional expenses | $835,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469,932 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,720 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $474,652 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $309,242 |
| Net assets with donor restrictions | $165,410 |
| 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 | $474,652 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Guilford Education Alliance Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Vf Foundation Wilmington, DE PURPOSE: BRIGHT FUTURES START NOW | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dumac Inc Durham, NC | $16,829,525 | $22,034,082 |
National Institute For Excellence In Teaching Nashville, TN | $34,287,957 | $30,387,286 |
University Of South Carolina Business Partnership Foundation Columbia, SC | $128,044,992 | $17,993,004 |
Mason Korea Llc Fairfax, VA | $8,225,008 | $12,324,735 |
Virginia Tech Real Estate Fdn Blacksburg, VA | $231,612,607 | $16,876,838 |
Alliance For Academic Internal Medicine Inc Alexandria, VA | $13,744,999 | $6,917,370 |
Francis Marion University Development Foundation Florence, SC | $27,042,578 | $6,587,347 |
Jackson Foundation Inc Dickson, TN | $81,442,128 | $3,275,608 |
Influence 1 Memphis, TN | $6,214,331 | $4,262,960 |
Core Knowledge Foundation Charlottesville, VA | $10,759,261 | $6,889,029 |
Georgia Charter Schools Association Inc Atlanta, GA | $3,275,551 | $3,963,375 |
Tennessee School Boards Association Nashville, TN | $6,082,451 | $2,785,185 |