Barren County Educational Foundation Inc

Organization Overview

Barren County Educational Foundation Inc is located in Glasgow, KY. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barren County Educational Foundation 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 06/2023, Barren County Educational Foundation Inc generated $465.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $252.4k during the year ending 06/2023. While expenses have increased by 9.9% per year over the past 8 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 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE ORGANIZATION IS FOR THE BETTERMENT AND FURTHER EDUCATIONAL ASSISTANCEOF THE STUDENTS WITHIN THE BARREN COUNTY SCHOOL SYSTEM, PAST ORPRESENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED EDUCATIONAL EXPENSES AND SUPPORT FOR SEVERAL INDIVIDUALS OF THE BARREN COUNTY SCHOOL SYSTEM THROUGHOUT THE PAST YEAR.


PROVIDED SEVERAL SCHOLARSHIPS TO INDIVIDUALS OF THE BARREN COUNTY SCHOOL SYSTEM THROUGHOUT THE PAST YEAR.


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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$389,699
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$389,699
Total Program Service Revenue$0
Investment income $47,847
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $22,528
Miscellaneous Revenue$0
Total Revenue $465,417

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