Chattahoochee Valley Educational Foundation is located in Lanett, AL. The organization was established in 1970. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Chattahoochee Valley Educational Foundation employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chattahoochee Valley Educational Foundation 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, Chattahoochee Valley Educational Foundation generated $3.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $3.3m during the year ending 06/2021. While expenses have increased by 1.4% 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
OPERATION OF EDUCATIONAL INSTITUTION FOR GRADES ONE THROUGH TWELVE, AND KINDERGARTEN INCLUDING SCHOLASTICS, ATHLETICS, AND OTHER RELATED FUNCTIONS AND ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF SCHOOL, CLASSES K THROUGH 12.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Holly Carey Vice President | OfficerTrustee | 0 | $0 |
Brad Huguley Treasurer | OfficerTrustee | 0 | $0 |
Jennifer Hull Secretary | OfficerTrustee | 0 | $0 |
Sykes Smith President | OfficerTrustee | 0 | $0 |
Tom Oswalt Trustee | Trustee | 0 | $0 |
Michael Plank Trustee | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $35,780 |
Related organizations | $0 |
Government grants | $21,180 |
All other contributions, gifts, grants, and similar amounts not included above | $327,610 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $384,570 |
Total Program Service Revenue | $1,961,994 |
Investment income | $61,104 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $6,000 |
Net Gain/Loss on Asset Sales | $437,604 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,951,137 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,707,227 |
Pension plan accruals and contributions | $51,441 |
Other employee benefits | $185,475 |
Payroll taxes | $129,605 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $24,578 |
Fees for services: Other | $53,522 |
Advertising and promotion | $585 |
Office expenses | $11,487 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,683 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $19,206 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $163,074 |
Insurance | $62,133 |
All other expenses | $363,964 |
Total functional expenses | $3,283,809 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $687,455 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $50,082 |
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 | $2,491,287 |
Investments—publicly traded securities | $5,397,762 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,435 |
Total assets | $8,631,021 |
Accounts payable and accrued expenses | $220,760 |
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 | $753,276 |
Total liabilities | $974,036 |
Net assets without donor restrictions | $7,656,985 |
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 | $8,631,021 |
Over the last fiscal year, we have identified 1 grants that Chattahoochee Valley Educational Foundation has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Charter Foundation Inc West Point, GA PURPOSE: GRANT | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Carrollwood Day School Education Inc Tampa, FL | $44,857,641 | $20,567,249 |
Kipp Jacksonville Inc Jacksonville, FL | $9,839,108 | $19,518,543 |
Randolph School Huntsville, AL | $69,168,210 | $21,425,432 |
Renaissance Arts And Education Inc Palmetto, FL | $29,910,781 | $21,492,050 |
Lakeland Christian School Inc Lakeland, FL | $60,596,367 | $29,249,240 |
Republic Schools Nashville Nashville, TN | $31,048,580 | $24,002,902 |
Alfred B Maclay Jr Day School Tallahassee, FL | $28,425,288 | $17,967,088 |
North Cobb Christian School Inc Kennesaw, GA | $44,288,708 | $22,180,039 |
Christian Academy Of Knoxville Inc Knoxville, TN | $16,374,308 | $19,411,697 |
Palm Beach Day Academy Inc Palm Beach, FL | $39,954,020 | $18,116,482 |