Committee For Education Funding
- Assets
- $727.7k
- Revenue
- $537.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/1984
- Data as of
- 12/2021
- EIN
- 52-0891509
Organization Overview
Committee For Education Funding is located in Washington, DC. The organization was established in 1984. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Committee For Education Funding is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Committee For Education Funding generated $537.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $467.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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
TO ACHIEVE ADEQUATE FEDERAL SUPPORT FOR OUR NATION'S EDUCATION SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEF HAS THREE AREAS OF FOCUS:1 - CONDUCTING OF SEMINARS, MEETINGS, FUNCTIONS AND FORUMS IN AN EFFORT TO DISSEMINATE INFORMATION AND INCREASE AWARENESS ABOUT CONGRESSIONAL ACTION ON EDUCATIONAL FUNDING.2 - COORDINATION OF MEMBERSHIP EFFORTS TOWARD OBTAINING ADEQUATE FEDERAL FINANCIAL SUPPORT FOR ALL LEVELS OF EDUCATIONAL FUNDING.3 - PUBLICATIONS THROUGH WHICH THE COMMITTEE PROVIDES ITS MEMBERS AND OTHER INTERESTED PARTIES WITH INFORMATION ON ALL ASPECTS OF BUDGET AND APPROPRIATION OF CONGRESSIONAL ACTION ON EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Carlson Treasurer | OfficerTrustee | 1 | $0 |
Valerie Williams Past President | OfficerTrustee | 1 | $0 |
Emmanual Guillory Vice President | OfficerTrustee | 1 | $0 |
Luis Maldonado President | OfficerTrustee | 1 | $0 |
Sheryl Cohen Senior Advisor | Officer | 8 | $0 |
Sarah Abernathy Executive Director | Officer | 35 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Continential Group Management Services | 12/30/16 | $189,000 |
The Raben Group Management Services | 12/30/16 | $145,800 |
American Continential Group Management Services | 12/30/16 | $189,000 |
The Raben Group Management Services | 12/30/16 | $145,800 |
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 | $58,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,100 |
| Total Program Service Revenue | $476,955 |
| Investment income | $2,014 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $537,069 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $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 | $374,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,562 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,392 |
| Advertising and promotion | $0 |
| Office expenses | $2,417 |
| 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 | $8,925 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,926 |
| All other expenses | $80 |
| Total functional expenses | $467,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $457,928 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,100 |
| 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 | $40,920 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $223,795 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $727,743 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $3,250 |
| 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 | $3,250 |
| Net assets without donor restrictions | $724,493 |
| 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 | $727,743 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Committee For Education Funding has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
American Federation Of State County & Municipal Employees Washington, DC PURPOSE: Public | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Forward Dc Washington, DC | $28,133,967 | $25,991,844 |
Mason Korea Llc Fairfax, VA | $8,225,008 | $12,324,735 |
Virginia Tech Real Estate Fdn Blacksburg, VA | $231,612,607 | $16,876,838 |
Building Hope Real Estate Washington, DC | $105,552,493 | $11,148,900 |
Charter School Incubator Initiative Washington, DC | $37,834,831 | $8,281,364 |
Council For Opportunity In Education Washington, DC | $3,201,325 | $8,308,398 |
Alliance For Academic Internal Medicine Inc Alexandria, VA | $13,744,999 | $6,917,370 |
Csdc Facilities Corporation Hanover, MD | $43,951,626 | $6,090,721 |
Citybridge Education Washington, DC | $3,430,657 | $5,924,866 |
Teaching Lab Washington, DC | $4,789,641 | $8,596,594 |
National Summer Learning Assoc Inc Washington, DC | $3,054,250 | $3,913,435 |
Core Knowledge Foundation Charlottesville, VA | $10,759,261 | $6,889,029 |