Thrall Community Education Foundation
- Assets
- $360.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Thrall, TX
- Founding
- 03/2014
- Data as of
- 06/2023
- EIN
- 46-3282235
Organization Overview
Thrall Community Education Foundation is located in Thrall, TX. The organization was established in 2014. 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. Thrall Community 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 06/2023, Thrall Community Education Foundation generated $115.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $69.9k during the year ending 06/2023. While expenses have increased by 18.0% 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
2023
Describe the Organization's Program Activity:
Part 3
TCEF ENRICHES EDUCATIONAL OPPORTUNITIES FOR THRALL STUDENTS BY OFFERING STUDENT SCHOLARSHIPS, TEACHER GRANTS AND PROFESSIONAL DEVELOPMENT. TCEF INCREASES THE VISIBILITY AND VALUE OF THRALL SCHOOLS AND PROMOTES THE UNDERSTANDING THAT EVERYONE IN THE COMMUNITY IS RESPONSIBLE FOR CREATING A QUALITY EDUCATIONAL SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Holubec President/vp Finance | 2 | $0 | |
Amity Holubec Secretary | 2 | $0 | |
Lisa Manning VP Programs | 2 | $0 | |
Howard Leshikar VP Development | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,293 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $64,039 |
| Other Revenue | $0 |
| Total Revenue | $115,377 |
| 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 | $875 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,005 |
| Total expenses | $69,888 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $360,865 |
| Other assets | $0 |
| Total assets | $360,865 |
| Total liabilities | $0 |
| Net assets or fund balances | $360,865 |