Chippewa Local Excellence For Education Foundation
- Assets
- $405.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 03/1986
- Data as of
- 12/2021
- EIN
- 34-1483222
Organization Overview
Chippewa Local Excellence For Education Foundation is located in Akron, OH. The organization was established in 1986. 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. Chippewa Local Excellence For 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 12/2021, Chippewa Local Excellence For Education Foundation generated $55.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $16.8k during the year ending 12/2021. While expenses have increased by 1.5% 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SCOLARSHIPS TO REWARD EXCELLENCE IN ACHIEVEMENT IN THE LOCAL HIGH SCHOOL & TO PROVIDE MINI-GRANTS TO TEACHERS
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 |
|---|---|---|---|
Robert Macgregor Treas | 2 | $0 | |
Cathy Murray President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,365 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,856 |
| Gain or Loss | $35,232 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,453 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $178 |
| Total expenses | $16,781 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $405,738 |
| Other assets | $0 |
| Total assets | $405,738 |
| Total liabilities | $0 |
| Net assets or fund balances | $405,738 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chippewa Local Excellence For Education Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Wayne County Community Foundation Wooster, OH PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Schools International Insurance Plan And Trust Fund Grandville, MI | $5,188,497 | $9,699,281 |
Saginaw Valley State University Foundation University Center, MI | $94,804,323 | $8,609,845 |
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 |