Avon Education Foundation Inc
- Assets
- $258.7k
- Revenue
- $308.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Avon, IN
- Founding
- 04/2007
- Data as of
- 06/2021
- EIN
- 20-4452079
Organization Overview
Avon Education Foundation Inc is located in Avon, IN. The organization was established in 2007. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avon Education 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 06/2021, Avon Education Foundation Inc generated $308.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $274.9k during the year ending 06/2021. While expenses have increased by 17.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE, RECOGNIZE AND SUPPORT CREATIVITY, INNOVATION AND EXCELLENCE BY ENHANCING EDUCATIONAL OPPORTUNITIES WITHIN THE AVON COMMUNITY SCHOOLS AND PROVIDING A STRUCTURED MECHANISM FOR SUPPORT BY CORPORATE AND PRIVATE PARTNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURRICULAR GRANTS - FUNDING TO PURCHASE BOOKS, SUPPLIES, MATERIALS, FIELD TRIPS, TECHNOLOGY, GUEST SPEAKERS, ETC. SUCCESSFUL GRANT RECIPIENTS ARE SELECTED THROUGH A RIGOROUS 3-STEP EVALUATION PROCESS CONDUCTED BY A SPECIAL REVIEW COMMITTEE.
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 |
|---|---|---|---|
Britt Woodard Treasurer | OfficerTrustee | 2 | $0 |
Kristen Isbell President | OfficerTrustee | 2 | $0 |
Crystal Bolden Secretary | OfficerTrustee | 2 | $0 |
Amanda Babinec Executive Direc | OfficerTrustee | 30 | $0 |
Chris Tincher Vice President | OfficerTrustee | 2 | $0 |
Tony Gude Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $105,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $163,991 |
| Noncash contributions included in lines 1a–1f | $59,356 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,991 |
| Total Program Service Revenue | $0 |
| Investment income | $13,781 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $25,845 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $308,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $106,969 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124 |
| Payroll taxes | $3,340 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,306 |
| 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 | $3,473 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,405 |
| All other expenses | $3,174 |
| Total functional expenses | $274,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $112,689 |
| 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 | $0 |
| Investments—publicly traded securities | $144,119 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,850 |
| Total assets | $258,658 |
| 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 | $10,000 |
| Other liabilities | $0 |
| Total liabilities | $10,000 |
| Net assets without donor restrictions | $248,658 |
| Net assets with donor restrictions | $0 |
| 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 | $258,658 |
Grants Awarded
Over the last fiscal year, Avon Education Foundation Inc has awarded $106,969 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AVON COMMUNITY SCHOOL CORP PURPOSE: Digital Innovators, Technology | $101,894 |
AVON HIGH SCHOOL PURPOSE: School Programs and Equipment | $5,075 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Avon Education Foundation Inc has recieved totaling $21,835.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: CLIMATE RESILIENCY | $8,737 |
Indiana University Health West Hospital Inc Indianapolis, IN PURPOSE: Program Support | $6,480 |
Round Room Gives Inc Fishers, IN PURPOSE: EDUCATION ORGANIZATION | $3,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,800 |
Virginia And John L Sinclair Foundation Inc Avon, IN PURPOSE: CHARITABLE | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gift Clearing Trust Indianapolis, IN | $47,036,280 | $91,256,862 |
Sojourner Foundation Inc Milwaukee, WI | $5,493,853 | $4,205,530 |
Bloomington-Normal Ymca Charitable Foundation Nfp Bloomington, IL | $12,002,532 | $7,012,515 |
Moose Foundation Inc Mooseheart, IL | $261,014,797 | $19,670,612 |
Upic Solutions Inc Fort Mitchell, KY | $2,371,554 | $6,046,013 |
West Bend Community Foundation Inc Milwaukee, WI | $79,149,428 | $10,575,689 |
Glasser And Rosenthal Family Foundation Chicago, IL | $0 | $604,291 |
Arthur Dean Family Foundation Inc Fishers, IN | $75,273,545 | $2,866,490 |
Real Estate Charitable Foundation Kansas City, MO | $43,935,265 | $4,204,580 |
Barbara Mettler Personal Tr Champaign, IL | $0 | $38,620 |
Friends Of Penfield Childrens Center Inc Milwaukee, WI | $8,290,252 | $2,579,522 |
Shure Charitable Tr Created Uw Of Sidney N Shure Chicago, IL | $52,599,907 | $2,093,307 |