Louisa Education Foundation
- Assets
- $129.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mineral, VA
- Founding
- 04/2010
- Data as of
- 06/2021
- EIN
- 27-1225131
Organization Overview
Louisa Education Foundation is located in Mineral, VA. The organization was established in 2010. 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. Louisa Education 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, Louisa Education Foundation generated $36.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $40.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ava Pippin President | 4 | $4,500 | |
C Douglas Whitlock Director | 2 | $0 | |
Dan Byers Director | 1 | $0 | |
Patti Harper Secretary | 1 | $0 | |
Vonnie Colvin Director | 1 | $0 | |
Sheryl Eubank Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,280 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,647 |
| Other Revenue | $0 |
| Total Revenue | $36,927 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $77 |
| Other expenses | $887 |
| Total expenses | $40,674 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,352 |
| Other assets | $0 |
| Total assets | $129,646 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,646 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Louisa Education Foundation has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Elm Foundation Inc Orange, VA PURPOSE: DONATION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Phoenix Academy Inc High Point, NC | $3,025,069 | $10,364,069 |
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 |
Laborers-Employers Cooperation And Education Trust Washington, DC | $20,406,637 | $8,972,632 |
Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
University Of Maryland Medical System Foundation Inc Baltimore, MD | $91,803,907 | $14,920,300 |
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 |
Old Dominion Athletic Foundation Norfolk, VA | $75,318,666 | $6,634,127 |