Fairfax Education Association
- Assets
- $3.9m
- Revenue
- $885.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Fairfax, VA
- Founding
- 09/1978
- Data as of
- 08/2023
- EIN
- 54-0614554
Organization Overview
Fairfax Education Association is located in Fairfax, VA. The organization was established in 1978. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 08/2023, Fairfax Education Association employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fairfax Education Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Fairfax Education Association generated $885.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $767.8k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP REGARDING ALL DECISIONS AFFECTING PUBLIC EDUCATION IN FAIRFAX COUNTY AND TO SERVE AS THE COLLECTIVE VOICE OF OUR MEMBERS. THE ASSOCIATION WILL ENDEAVOR TO CONTINUOUSLY IMPROVE THE CONDITIONS OF TEACHING, LEARNING, AND WORKING WITHIN FCPS. WE BELIEVE THIS CAN BE ACCOMPLISHED THROUGH INFORMED ADVOCACY AND ADHERENCE TO THE HIGHEST STANDARDS OF PROFESSIONALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE THE EDUCATIONAL OPPORTUNITIES FOR CITIZENS OF FAIRFAX COUNTY, VA BY PROVIDING ACTIVITIES AND PROGRAMS DESIGNED TO IMPROVE THE PROFESSIONAL, ECONOMIC, AND SOCIAL STATUS OF ITS MEMBERS AND TO IMPROVE THE PHYSICAL FACILITIES UTILIZED BY ITS MEMBERS. PROGRAMS PROVIDED ARE: PUBLICATIONS PERTAINING TO EDUCATIONAL ISSUES, CONTINUING EDUCATION OF MEMBERS ABOUT DEVELOPING RELEVANT ISSUES, AND THE ORGANIZATION OF MEETINGS AND CONFERENCES FOR EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Adams Past President | OfficerTrustee | 40 | $77,627 |
Leslie Houston President | OfficerTrustee | 40 | $69,596 |
Paul Mcclemens Vice President | OfficerTrustee | 1 | $0 |
Matthew Wallace Treasurer | OfficerTrustee | 1 | $0 |
Janette Corcelius Director | Trustee | 1 | $0 |
Taylor Gaddy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $786,385 |
| Fundraising events | $0 |
| Related organizations | $5,516 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,159 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $797,060 |
| Total Program Service Revenue | $0 |
| Investment income | $5,178 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $83,654 |
| 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 | $885,892 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $61,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,624 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,802 |
| Pension plan accruals and contributions | $15,625 |
| Other employee benefits | $1,303 |
| Payroll taxes | $19,969 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,487 |
| Fees for services: Accounting | $93,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,071 |
| Advertising and promotion | $0 |
| Office expenses | $88,065 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,910 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,845 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,464 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $767,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,462 |
| Savings and temporary cash investments | $2,788,247 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,990 |
| 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 | $13,893 |
| Net Land, buildings, and equipment | $708,924 |
| Investments—publicly traded securities | $193,014 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,488 |
| Total assets | $3,882,018 |
| Accounts payable and accrued expenses | $100,561 |
| Grants payable | $0 |
| Deferred revenue | $81,000 |
| 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 | $237,612 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $71,856 |
| Total liabilities | $491,029 |
| Net assets without donor restrictions | $3,390,989 |
| 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 | $3,882,018 |