Painesville City Local Schools Educational Foundation
- Assets
- $171.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Painesville, OH
- Founding
- 01/1998
- Data as of
- 12/2021
- EIN
- 34-1823319
Organization Overview
Painesville City Local Schools Educational Foundation is located in Painesville, OH. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Painesville City Local Schools 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 12/2021, Painesville City Local Schools Educational Foundation generated $63.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $41.1k during the year ending 12/2021. While expenses have increased by 11.6% 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
OUR GOAL IS TO ENHANCE THE QUALITY OF EDUCATION BY AWARDING TEACHER GRANTS FOR CREATIVE AND INNOVATIVE EDUCATIONAL EXPERIENCES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,186 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,412 |
| Gain or Loss | $14,041 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,639 |
| 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 | $3,565 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $125 |
| Total expenses | $41,075 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,908 |
| Other assets | $0 |
| Total assets | $171,908 |
| Total liabilities | $0 |
| Net assets or fund balances | $171,908 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Painesville City Local Schools Educational Foundation has recieved totaling $158.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $158 |
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|---|---|---|
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The Samuel And Jean Frankel Fine Arts Foundation Bloomfield Hills, MI | $136,493,173 | $6,844,673 |
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