Loxahatchee Club Educational Foundation Inc
- Assets
- $309.1k
- Revenue
- $257.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Jupiter, FL
- Founding
- 03/1998
- Data as of
- 12/2022
- EIN
- 31-1579089
Organization Overview
Loxahatchee Club Educational Foundation Inc is located in Jupiter, FL. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Loxahatchee Club Educational 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 12/2022, Loxahatchee Club Educational Foundation Inc generated $257.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $345.6k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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.
Since 2014, Loxahatchee Club Educational Foundation Inc has awarded 56 individual grants totaling $857,570. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP THE FINANCIAL SUPPORT TO PROVIDE ACADEMIC SCHOLARSHIPS AND GRANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOXAHATCHEE CLUB EDUCATIONAL FOUNDATION AWARDED 28 GRANTS FOR THE YEAR ENDED DECEMBER 31, 2022
LOXAHATCHEE CLUB EDUCATIONAL FOUNDATION AWARDED 28 GRANTS FOR THE YEAR ENDED DECEMBER 31, 2022
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Grigg CFO | OfficerTrustee | $0 | |
Jennifer Malmberg Treasurer | OfficerTrustee | $0 | |
Kim Mikolas Secretary | OfficerTrustee | $0 | |
Donald Misch Executive Di | OfficerTrustee | $0 | |
Christie Stone President | OfficerTrustee | $0 | |
Jennifer Brindise Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,454 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,454 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| 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 | $257,457 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,400 |
| Grants and other assistance to domestic individuals. | $216,812 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,600 |
| Office expenses | $1,168 |
| 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 | $61 |
| Total functional expenses | $345,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,648 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,500 |
| 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 | $309,148 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $131,005 |
| 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 | $0 |
| Total liabilities | $131,005 |
| Net assets without donor restrictions | $178,143 |
| 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 | $309,148 |
Grants Awarded
Over the last fiscal year, Loxahatchee Club Educational Foundation Inc has awarded $111,400 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Lauderdale, FL PURPOSE: GENERAL PURPOSE | $32,000 |
JUPITER ELEMENTARY SCHOOL PURPOSE: GENERAL PURPOSE | $26,300 |
Indiantown, FL PURPOSE: GENERAL PURPOSE | $21,600 |
Tequesta, FL PURPOSE: GENERAL PURPOSE | $15,000 |
Jupiter, FL PURPOSE: GENERAL PURPOSE | $10,000 |
Jupiter, FL PURPOSE: GENERAL PURPOSE | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Loxahatchee Club Educational Foundation Inc has recieved totaling $35,750.
| Awarding Organization | Amount |
|---|---|
Ayco Charitable Foundation Cohoes, NY PURPOSE: EDUCATION | $15,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $12,750 |
Goldhammer Family Foundation Palm Beach, FL PURPOSE: GENERAL PURPOSES | $5,000 |
Heinemann-Wallace Family Foundation West Hartford, CT PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Fight Action Inc Atlanta, GA | $4,976,834 | $29,928,008 |
Plato Academy Schools Corporation Clearwater, FL | $134,350,424 | $31,890,679 |
Early Learning Coalition Of Northwest Florida Inc Marianna, FL | $3,346,474 | $28,789,946 |
Early Learning Coalition Of Osceola County Inc Kissimmee, FL | $3,012,946 | $27,905,401 |
Faculty Associates Incorporated Gainesville, FL | $18,354,841 | $24,140,038 |
Landmark Christian School Fairburn, GA | $28,586,929 | $25,037,540 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
Galileo School Foundation Inc Sanford, FL | $34,481,901 | $12,247,750 |
Tree Of Knowledge Learning Academy Inc Miami Beach, FL | $8,101,415 | $14,538,092 |
Bridge Prep Academy Of Tampa Inc Miami, FL | $4,019,388 | $14,708,273 |
Alabama Nursing Home Association Education Foundation Montgomery, AL | $40,408,149 | $40,141,575 |
Centennial Place Academy Inc Atlanta, GA | $7,663,078 | $14,548,051 |