Fernbank Elementary School Foundation Inc
- Assets
- $357.9k
- Revenue
- $155.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Atlanta, GA
- Founding
- 11/2009
- Data as of
- 07/2023
- EIN
- 26-4028143
Organization Overview
Fernbank Elementary School Foundation Inc is located in Atlanta, GA. The organization was established in 2009. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 07/2023, Fernbank Elementary School Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fernbank Elementary School 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 07/2023, Fernbank Elementary School Foundation Inc generated $155.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $218.9k during the year ending 07/2023. 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
FORMED IN 2009, THE FOUNDATION IS A NON-PROFIT, 501(C)(3) ORGANIZATION. IT CONTRIBUTES TO THE LONG-TERM DEVELOPMENT AND SUCCESS OF FERNBANK ELEMENTARY SCHOOL BY RAISING AND MANAGING FUNDS FOR SUPPLEMENTAL EDUCATIONAL ENHANCEMENTS. THE FOUNDATION'S SUPPORT AUGMENTS COUNTY RESOURCES, FILLING IN THE GAPS TO GIVE FERNBANK STUDENTS THE SPECIAL TOOLS THEY NEED FOR FURTHER SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR GOAL AND MISSION AS THE PARENT-LED FERNBANK FOUNDATION IS TO PROVIDE THE TALENT, TOOLS, AND CAPITAL IMPROVEMENTS THAT ENRICH THE EDUCATIONAL DEVELOPMENT AND OVERALL WELL-BEING OF FERNBANK ELEMENTARY SCHOOL STUDENTS. THE BOARD OF DIRECTORS WORKED CLOSELY WITH SCHOOL LEADERSHIP AND REVIEWED FAMILY INPUT TO ENSURE OUR EFFORTS WERE CREATING THE MOST IMPACT FOR OUR TEACHERS AND CHILDREN. THE FOUNDATION CONTINUED TO:-SUPPORT BUILDING AND CAPITAL IMPROVEMENTS INCLUDING SECOND AIR PURIFIERS FOR ALL CLASSROOMS, MAINTENANCE ACROSS THE PROPERTY, NEW SOCCER GOALS, AND THE INSTALLATION OF SHADE SAILS ON THE PLAYGROUND,A RESULT OF OUR FY20 FUNDRAISING GOALS.-PROVIDE DIRECT CLASSROOM SUPPORT AND STUDENT SUPPORT BY PROVIDING STIPENDS TO ALL CLASSROOM TEACHERS FOR APPROVED CLASSROOM EXPENSES.-PROVIDE CURRICULUM AND INSTRUCTIONAL SUPPORT.
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 |
|---|---|---|---|
Christiana Jacxsens Director | Trustee | 0.5 | $0 |
Lynn Washington Director | Trustee | 0.5 | $0 |
Barry Dunham Director | Trustee | 0.5 | $0 |
Sarah Pociask Director | Trustee | 0.5 | $0 |
Tianna Bailey Director | Trustee | 0.5 | $0 |
Doug Rollins Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $147,973 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,333 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,306 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $155,327 |
| 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 | $77,735 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $776 |
| Payroll taxes | $7,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,750 |
| 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 | $629 |
| 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 | $0 |
| All other expenses | $13,134 |
| Total functional expenses | $218,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,603 |
| Savings and temporary cash investments | $214,307 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $357,910 |
| 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 | $0 |
| Other liabilities | $141 |
| Total liabilities | $141 |
| Net assets without donor restrictions | $357,769 |
| 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 | $357,910 |