Franklin City Educational Foundation Inc
- Assets
- $49.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, VA
- Founding
- 02/2003
- Data as of
- 06/2020
- EIN
- 22-3890027
Organization Overview
Franklin City Educational Foundation Inc is located in Franklin, VA. The organization was established in 2003. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Franklin City 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 06/2020, Franklin City Educational Foundation Inc generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $16.4k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (28.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANCIAL SUPPORT TO FRANKLIN CITY PUBLIC SCHOOLS THROUGH GRANTS SUBMMITED BY TEACHERS, FUNDING OF ROBOTICS TEAM, AND SCHOLARSHIPS TO GRADUATING SENIORS. THE CRITERIA OF THE GRANT IS THE IMPACT TO THE STUDENT AND WHAT FUNDS ARE ALREADY AVAILABLE THROUGH OTHER SOURCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James D Jervey President | 0 | $0 | |
Brenton D Burgess Treasurer | 0 | $0 | |
Jennifer Stephenson Secretary/di | 0 | $0 | |
Faith Atkinson Director | 0 | $0 | |
Nancy P Harrell Director | 0 | $0 | |
David Benton Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,943 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,950 |
| Statement of Expenses | |
|---|---|
| Total expenses | $16,352 |
| Balance Sheet | |
|---|---|
| Total assets | $49,082 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,082 |
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|---|---|---|
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Elizabeth City State University Foundation Elizabeth City, NC | $21,052,714 | $2,780,872 |
Johns Hopkins University Retiree Medical Benefits Tr Baltimore, MD | $393,460,709 | $90,822,229 |
Duke Ellington School Of The Arts Project Washington, DC | $6,618,395 | $8,383,151 |
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Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
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University Of North Carolina At Asheville Foundation Inc Asheville, NC | $61,754,429 | $7,423,002 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
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