Cherryville High School Education Foundation
- Assets
- $476.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cherryville, NC
- Founding
- 03/2011
- Data as of
- 05/2022
- EIN
- 27-4027430
Organization Overview
Cherryville High School Education Foundation is located in Cherryville, NC. The organization was established in 2011. 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. Cherryville High School 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 05/2022, Cherryville High School Education Foundation generated $92.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $38.1k during the year ending 05/2022. While expenses have increased by 12.8% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION SEEKS TO ENRICH THE CURRICULUM, INSTRUCTION, AND OVERALL EDUCATIONAL EXPERIENCE FOR ALL CHERRYVILLE HIGH SCHOOL STUDENTS BY PROVIDING GRANTS TO THE SCHOOL AND TEACHERS AND BY PURCHASING SCHOOL SUPPLIES FOR TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nan Davis Executive Di | 2 | $5,200 | |
Ben Blackburn Treasurer | 1 | $0 | |
Pam Harris Secretary | 0 | $0 | |
Susan Lewis Chair | 2 | $0 | |
Heather Crawley Holt Director | 0 | $0 | |
Gary Beam Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,435 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,421 |
| Gain or Loss | -$40,834 |
| Net Income from Gaming & Fundraising | -$2,156 |
| Other Revenue | $0 |
| Total Revenue | $92,866 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,200 |
| Professional fees and other payments to independent contractors | $5,817 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $160 |
| Other expenses | $4,576 |
| Total expenses | $38,139 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $476,370 |
| Other assets | $0 |
| Total assets | $476,370 |
| Total liabilities | $0 |
| Net assets or fund balances | $476,370 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cherryville High School Education Foundation has recieved totaling $5,096.
| Awarding Organization | Amount |
|---|---|
Lena Sue And C Grier Beam Family Foundation Cherryville, NC PURPOSE: EDUCATIONAL SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $96 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
American School Counselor Association Alexandria, VA | $7,066,172 | $7,522,290 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Manna Cafe Ministries Clarksville, TN | $2,290,772 | $5,669,916 |
Innovative Education Partnership Corporation Maryville, TN | $1,869,912 | $5,283,927 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Ready For School Ready For Life Greensboro, NC | $5,692,106 | $6,572,581 |
Burlingame Country Club Inc Sapphire, NC | $10,768,735 | $4,568,714 |