Parma City Schools Foundation
- Assets
- $207.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parma, OH
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 45-2404021
Organization Overview
Parma City Schools Foundation is located in Parma, OH. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Parma City Schools 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 12/2022, Parma City Schools Foundation generated $140.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $42.5k during the year ending 12/2022. While expenses have increased by 17.7% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
DURING THE CALENDAR YEAR, THE PARMA CITY SCHOOLS FOUNDATION SUPPORTED THE PARMA CITY SCHOOL DISTRICT, GRANTED SCHOLARSHIPS TO STUDENTS, AND AWARDED EDUCATOR GRANTS TO TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbera Filipow Trustee | 2 | $0 | |
Richard S Meeks Jr Treasurer | 5 | $0 | |
Cyndee Bratz Trustee | 2 | $0 | |
Nancy Fedak Trustee | 2 | $0 | |
Sharon Jones Trustee | 2 | $0 | |
Craig T Philips Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,527 |
| Total Program Service Revenue | $68,400 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,929 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,693 |
| Other expenses | $3,704 |
| Total expenses | $42,490 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $207,216 |
| Other assets | $0 |
| Total assets | $207,216 |
| Total liabilities | $0 |
| Net assets or fund balances | $207,216 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Parma City Schools Foundation has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
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|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |
Say Yes Cleveland Scholarship Inc Cleveland, OH | $89,649,014 | $4,775,644 |
Pittsburgh Jewish Educational Improvement Foundation Pittsburgh, PA | $252,999 | $3,355,550 |