Worthington Educational Foundation
- Assets
- $286.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worthington, OH
- Founding
- 03/1989
- Data as of
- 06/2022
- EIN
- 31-1260837
Organization Overview
Worthington Educational Foundation is located in Worthington, OH. The organization was established in 1989. 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. Worthington 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 06/2022, Worthington Educational Foundation generated $18.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $9.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 7 years. 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
TEACHER/ EDUCATOR AWARDS - PROVIDES GRANTS TO EDUCATORS TO FUND INNOVATIVE PROJECTS AND PROGRAMS AND TO SUPPORT PILOT ACTIVITIES TO BENEFIT THE WORTHINGTON SCHOOL DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Kelso Chair | 3 | $0 | |
Israel Najera Vice-Chair | 1 | $0 | |
Debbie Wolfe Treasurer | 3 | $0 | |
Kelly Needleman Trustee | 1 | $0 | |
K J Shannan Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,637 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,579 |
| Gain or Loss | $10,856 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,072 |
| 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 | $6,964 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,072 |
| Total expenses | $9,036 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $284,970 |
| Other assets | $0 |
| Total assets | $286,660 |
| Total liabilities | $742 |
| Net assets or fund balances | $285,918 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Worthington Educational Foundation has recieved totaling $20,250.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: EDUCATION | $20,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $250 |
Peer Organizations
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|---|---|---|
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English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Detroit Public Schools Foundation Detroit, MI | $5,212,797 | $6,732,219 |
Isaac Newton Foundation Inc Philadelphia, PA | $139,547,072 | $8,902,357 |
Annenberg School For Communication Tr At The University Of Pa Philadelphia, PA | $121,203,086 | $8,507,152 |
Clven National House Corporation Carmel, IN | $3,795,815 | $8,533,157 |
Wright State University Foundation Inc Dayton, OH | $166,064,682 | $13,302,016 |
Clarion Universiy Foundation Inc Clarion, PA | $152,611,961 | $6,384,820 |
College Heights Foundation Inc Bowling Green, KY | $121,076,020 | $12,280,275 |
Northern Kentucky University Foundation Inc Highland Heights, KY | $152,385,239 | $8,696,843 |
Central Pennsylvania School Employee Benefit Trust Bellefonte, PA | $7,410,494 | $6,984,249 |