Chillicothe Educational Foundation
- Assets
- $1.3m
- Revenue
- $536.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Chillicothe, MO
- Founding
- 02/1993
- Data as of
- 03/2022
- EIN
- 43-1624183
Organization Overview
Chillicothe Educational Foundation is located in Chillicothe, MO. The organization was established in 1993. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Chillicothe 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 03/2022, Chillicothe Educational Foundation generated $536.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $418.0k during the year ending 03/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS FOR STUDENTS OF THE CHILLICOTHE R-II SCHOOL DISTRICT.
PROVIDE RESOURCES FOR AN ATHLETIC STADIUM, ADMINISTRATION BUILDING, AND ELEMENTARY SCHOOL FOR THE CHILLICOTHE R-II SCHOOL DISTRICT.
PROVIDE INCENTIVE AWARDS FOR TEACHERS AND STAFF OF THE CHILLICOTHE R-II SCHOOL DISTRICT.
PROVIDE EDUCATIONAL RESOURCES FOR STUDENTS OF THE CHILLICOTHE R-II SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael F Turner Treasurer | OfficerTrustee | 0.5 | $0 |
Julie A Mccoy Secretary | OfficerTrustee | 0.5 | $0 |
Edward D Douglas President | OfficerTrustee | 0.5 | $0 |
Edward P Milbank Director | Trustee | 0.5 | $0 |
Daniel J Wiebers Ex-Officio Director | Trustee | 0.5 | $0 |
Trentis E Miller Director | Trustee | 0.5 | $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 | $412,574 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,574 |
| Total Program Service Revenue | $0 |
| Investment income | $14,655 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $109,424 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $536,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $303,207 |
| Grants and other assistance to domestic individuals. | $106,119 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $327 |
| 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 | $8,374 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $418,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,256,162 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,256,162 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,169,243 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $86,919 |
| Total liabilities and net assets/fund balances | $1,256,162 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chillicothe Educational Foundation has recieved totaling $94,000.
| Awarding Organization | Amount |
|---|---|
Minnie B Hedrick Trust Dallas, TX PURPOSE: CAPITAL IMPROVEMENTS | $94,000 |
Endowment Analysis
| Beg. Balance | $86,919 |
| Ending Balance | $86,919 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Cook Workforce Partnership Chicago, IL | $32,171,643 | $83,286,997 |
Aspira Inc Of Illinois Chicago, IL | $37,783,687 | $23,094,089 |
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
Youth Entrepreneurs Inc Wichita, KS | $8,370,922 | $6,293,107 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
Communities In Schools Of Mid-America Inc Lawrence, KS | $5,926,043 | $10,689,088 |