Pelican Educational Foundation Inc
- Assets
- $4.3m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 83
- Location
- Baton Rouge, LA
- Founding
- 11/2006
- Data as of
- 06/2023
- EIN
- 20-3801713
Organization Overview
Pelican Educational Foundation Inc is located in Baton Rouge, LA. The organization was established in 2006. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Pelican Educational Foundation Inc employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pelican 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, Pelican Educational Foundation Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $7.5m during the year ending 06/2023. While expenses have increased by 2.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE STUDENTS FOR ACADEMIC SUCCESS, TO ENABLE STUDENTS TO HAVE A BROAD SPECTRUM OF OPTIONS, TO CREATE PRODUCTIVE STUDENTS AND RESPONSIBLE CITIZENS, AND TO EQUIP STUDENTS WITH CONTEMPORARY SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE ELIGIBLE STUDENTS IN ORLEANS AND EAST BATON ROUGE PARISHES. APPROXIMATELY 400 STUDENTS ATTENDED KENILWORTH SCIENCE AND TECHNOLOGY CHARTER SCHOOL DURING THE 2022-2023 SCHOOL YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emrah Sarac Secretary | OfficerTrustee | 4 | $0 |
Kashanta Harris Member | Trustee | 4 | $0 |
Andrew Levie Member | Trustee | 4 | $0 |
Orhan Kizilkaya President | OfficerTrustee | 4 | $0 |
Osman Kazan Treasurer | OfficerTrustee | 4 | $0 |
Sezai Cankirli Member | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
First Student Student Transportation | 6/29/23 | $573,118 |
East Baton Rouge Parish School System Shared Services | 6/29/23 | $231,232 |
Chartwells Dining Services Food Service | 6/29/23 | $220,089 |
Enriched Schools Substitute Teacher | 6/29/23 | $215,429 |
Jones Walker Legal Services | 6/29/23 | $116,114 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,053,135 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,091,235 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,586 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,119,143 |
| 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. | $109,962 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,443,579 |
| Pension plan accruals and contributions | $5,398 |
| Other employee benefits | $11,502 |
| Payroll taxes | $0 |
| Fees for services: Management | $10,000 |
| Fees for services: Legal | $43,220 |
| Fees for services: Accounting | $70,281 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,746,366 |
| Advertising and promotion | $161,949 |
| Office expenses | $390,011 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $391,822 |
| Travel | $12,443 |
| 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 | $16,158 |
| Insurance | $54,271 |
| All other expenses | $82,953 |
| Total functional expenses | $7,549,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,265,824 |
| Savings and temporary cash investments | $45,878 |
| Pledges and grants receivable | $681,983 |
| 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 | $224,195 |
| Net Land, buildings, and equipment | $72,625 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,290,505 |
| Accounts payable and accrued expenses | $641,863 |
| 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 | $641,863 |
| Net assets without donor restrictions | $3,496,306 |
| Net assets with donor restrictions | $152,336 |
| 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 | $4,290,505 |