Endowment Fund Of The National Congress Of Parents And Teachers
- Assets
- $6.2m
- Revenue
- $172.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 01/1960
- Data as of
- 06/2021
- EIN
- 36-6067371
Organization Overview
Endowment Fund Of The National Congress Of Parents And Teachers, operating under the name The Endowment Fund Of The Pta, is located in Alexandria, VA. The organization was established in 1960. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Endowment Fund Of The Pta 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 06/2021, Endowment Fund Of The Pta generated $172.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $129.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENDOWMENT FUND OF THE NATIONAL CONGRESS OF PARENTS AND TEACHERS OPERATES AS A FOUNDATION FOR THE BENEFIT OF THE NATIONAL PTA.
THE ENDOWMENT FUND OF THE NATIONAL CONGRESS OF PARENTS AND TEACHERS OPERATES AS A FOUNDATION FOR THE BENEFIT OF THE NATIONAL PTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Dunn Chair (until 6/26/2021) | OfficerTrustee | 1 | $0 |
William Potts-Datema Chair (from 6/26/2021) | OfficerTrustee | 1 | $0 |
Nathan Monell Executive Director | Officer | 3 | $0 |
James Thomasell Secretary-Treasurer | Officer | 5 | $0 |
Leslie Boggs Trustee (from 6/26/2021) | Trustee | 1 | $0 |
James Accomando Trustee (until 6/26/2021) | Trustee | 1 | $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 | $44,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,036 |
| Total Program Service Revenue | $0 |
| Investment income | $178,723 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$49,814 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,945 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,292 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,863 |
| Compensation of current officers, directors, key employees. | $5,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,024 |
| Pension plan accruals and contributions | $372 |
| Other employee benefits | $247 |
| Payroll taxes | $491 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,857 |
| Fees for services: Other | $2,791 |
| Advertising and promotion | $0 |
| Office expenses | $9,646 |
| 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 | $6,100 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $129,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $292,670 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,426 |
| 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 | $850 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,853,528 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,420 |
| Total assets | $6,175,894 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $6,175,894 |
| 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 | $6,175,894 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Endowment Fund Of The National Congress Of Parents And Teachers has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Raikes Foundation Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |
Endowment Analysis
| Beg. Balance | $5,072,595 |
| Earnings | $1,161,484 |
| Admin Expense | $44,929 |
| Net Contributions | $44,036 |
| Grants | $57,292 |
| Ending Balance | $6,175,894 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Congress Of Parents And Teachers Alexandria, VA | $19,792,839 | $11,821,028 |
Mariner Foundation Charlotte, NC | $22,191,927 | $1,793,742 |
Communityworx Carrboro, NC | $4,935,522 | $1,612,558 |
Pitt Academy Louisville, KY | $2,544,833 | $1,054,257 |
Center For Creative Change Washington, DC | $952,420 | $1,287,787 |
Family Impact Fund Charlotte, NC | $0 | $149,457 |
Parents Place Of Maryland Inc Glen Burnie, MD | $512,020 | $1,076,819 |
Charles T Chuck Mathena Ii Foundation Inc Princeton, WV | $9,519,279 | $999,852 |
Independence High School Ptso Thompsons Station, TN | $458,068 | $848,792 |
Fs Key Elementary Parent-Teacher Organization Washington, DC | $507,686 | $713,618 |
Kentucky School Boards Association Educational Foundation Inc Frankfort, KY | $179,866 | $507,563 |
Janney Elementary School Pta Washington, DC | $486,862 | $425,543 |