Ocean Bay Elementary School Parent Teacher Organization
- Assets
- $76.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- 10/2008
- Data as of
- 06/2024
- EIN
- 26-2566835
Organization Overview
Ocean Bay Elementary School Parent Teacher Organization is located in Myrtle Beach, SC. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Ocean Bay Elementary School Parent Teacher Organization 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 06/2024, Ocean Bay Elementary School Parent Teacher Organization generated $68.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $56.4k during the year ending 06/2024. While expenses have increased by 9.7% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDING EQUIPMENT AND SUPPLIES TO ENHANCE PERSONAL AND ACADEMIC ENRICHMENT FOR STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charmaine Pegues President | 25 | $0 | |
Kari Presz Vice Preside | 25 | $0 | |
Jessica Walls Treasurer | 10 | $0 | |
Angela Sadeli Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,092 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $54,531 |
| Other Revenue | $0 |
| Total Revenue | $68,623 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,883 |
| Total expenses | $56,358 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,343 |
| Other assets | $0 |
| Total assets | $76,481 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,481 |