Allegany County Public Schools Foundation Inc
- Assets
- $24.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cumberland, MD
- Founding
- 01/2004
- Data as of
- 06/2023
- EIN
- 52-2226322
Organization Overview
Allegany County Public Schools Foundation Inc is located in Cumberland, MD. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Allegany County Public Schools Foundation Inc 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, Allegany County Public Schools Foundation Inc generated $482.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (48.0%) each year. All expenses for the organization totaled $1.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (50.8%) per year over the past 8 years. 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 Mission:
Part 3 - Line 1
THE MAIN PURPOSE OF THE FOUNDATION IS TO APPLY FOR GRANTS AND AWARDS TO SUPPORT AND ENSURE THE EDUCATIONAL EXPERIENCE AND ENHANCE THE EDUCATIONAL OPPORTUNITIES FOR ALL PUBLIC SCHOOL STUDENTS BY PROVIDING RESOURCES TO SUPPORT A CREATIVE TEACHING ATMOSPHERE WITHIN THE PUBLIC SCHOOL SYSTEM. THIS GOAL IS ACCOMPLISHED BY APPLYING FOR GRANTS AND AWARDS AND ACCEPTING CONTRIBUTIONS WHICH WILL FUND EDUCATIONAL PROGRAMS, ASSIST IN IMPROVING PUBLIC SCHOOL FACILITIES FOR THE BENEFIT AND SAFETY OF THE STUDENTS AND CITIZENS OF ALLEGANY COUNTY AND FUND SCHOLARSHIPS FOR STUDENTS TO CONTINUE THEIR EDUCATION.
Describe the Organization's Program Activity:
Part 3
FORT HILL HIGH SCHOOL SCHOLARSHIP FUND
W.S.HIDEY SCHOLARSHIP
MOUNTAIN RIDGE STADIUM DONATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Chesno President | 0 | $0 | |
Jerry Frantz Vice Preside | 0 | $0 | |
Lawrence Mckenzie Secretary | 0 | $0 | |
James Robertson Director | 0 | $0 | |
Robin Foreman Director | 0 | $0 | |
Michele Crowe Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $343 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $482 |
| 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 | $1,198 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $1,198 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,250 |
| Other assets | $0 |
| Total assets | $24,250 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,250 |