Carver Center Foundation Inc
- Assets
- $121.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Riderwood, MD
- Founding
- 07/2001
- Data as of
- 06/2022
- EIN
- 52-2272565
Organization Overview
Carver Center Foundation Inc is located in Riderwood, MD. The organization was established in 2001. 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. Carver Center 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 06/2022, Carver Center Foundation Inc generated $68.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $49.2k during the year ending 06/2022. While expenses have increased by 0.1% 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
2022
Describe the Organization's Program Activity:
Part 3
CARVER CENTER FOUNDATION PROVIDES FUNDING SUPPORT FOR STUDENT GRANTS, SCHOLARSHIPS, AND AWARDS, FOR STUDENT PROGRAMS AND ACTIVITIES, AND FOR FACULTY ENRICHMENT, AS WELL AS FOR THE PURCHASE OF CLASSROOM FURNISHINGS AND EQUIPMENT AND MATERIALS AND SUPPLIES FOR STUDENT "PRIMES" AND ACADEMIC DEPARTMENTS, ALL WITH THE AIM OF FURTHERING THE EDUCATIONAL MISSION AND PROGRAMS OF GEORGE WASHINGTON CARVER CENTER FOR ARTS & TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Burton Director | 2 | $0 | |
Michael Quinn Treasurer | 20 | $0 | |
James Paquette Director | 5 | $0 | |
Cynthia Shilling President | 25 | $0 | |
Maire Mccarthy Bollard Vice President - Communications | 10 | $0 | |
Erin O'toole Trivas Director (principal Of Carver Center) | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,998 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,347 |
| Gain or Loss | $6,904 |
| Net Income from Gaming & Fundraising | $15,712 |
| Other Revenue | $0 |
| Total Revenue | $68,487 |
| 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 | $1,094 |
| Printing, publications, postage, and shipping | $955 |
| Other expenses | $3,504 |
| Total expenses | $49,171 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,753 |
| Other assets | $0 |
| Total assets | $121,753 |
| Total liabilities | $3,200 |
| Net assets or fund balances | $118,553 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Carver Center Foundation Inc has recieved totaling $12,843.
| Awarding Organization | Amount |
|---|---|
Bill Belichick Foundation Wellesley, MA PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSES | $10,000 |
Memton Fund Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $343 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
National Association Of Student Financial Aid Administrators Washington, DC | $22,189,727 | $10,008,615 |
Cobell Board Of Trustees Washington, DC | $177,171,131 | $17,842,265 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Student Freedom Initiative Inc Washington, DC | $132,770,538 | $15,285,825 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |
Henrico Education Foundation Incorporated Henrico, VA | $1,910,582 | $5,313,927 |
Access College Foundation Norfolk, VA | $62,526,055 | $4,039,611 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |