Educational And Charitable Foundation is located in Merrifield, VA. The organization was established in 2002. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Educational And Charitable 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 12/2022, Educational And Charitable Foundation generated $65.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $60.3k during the year ending 12/2022. While expenses have increased by 2.3% 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 Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL AND CHARITABLE SERVICES TO INDIVIDUALS, FAMILIES, GROUPS AND ORGANIZATIONS IN THE NORTHERN VA COMMUNITY WITHOUT REGARD TO RACE, RELIGION, OR ETHNICITY.
Describe the Organization's Program Activity:
Part 3
SUPPORTED THE EDUCATION AND LIFELONG LEARNING OF YOUTH IN THE COMMUNITY BY AWARDING GRANTS, FELLOWSHIP STIPENDS, AND OTHER AWARDS TO DESERVING STUDENTS.
SUPPORTED COMMUNITY-BASED CHILDHOOD HUNGER INITIATIVES IN PARTERSHIP WITH LOCAL AGENCIES, SCHOOLS, FOOD BANKS, COMMUNITY PANTRIES.
CONTRIBUTED TO THE HEALTH, WELL-BEING, AND BETTERMENT OF THE COMMUNITY THROUGH INITIATIVES FOR LOW-INCOME FAMILIES, SINGLE MOTHERS, THE HOMELESS, AND CANCER PATIENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robyn Jones President | 12 | $0 | |
Wanda Gamble Vice President | 1 | $0 | |
Alayah Wood Secretary | 1 | $0 | |
Denise Whetstone Treasurer | 10 | $0 | |
Debra Parks Financial Secretary | 10 | $0 | |
Tracy Epps Director Digital Media | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $35,831 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $11 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $29,140 |
Other Revenue | $869 |
Total Revenue | $65,851 |
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 | $2,629 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $396 |
Other expenses | $16,497 |
Total expenses | $60,272 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $122,280 |
Other assets | $0 |
Total assets | $122,280 |
Total liabilities | $0 |
Net assets or fund balances | $122,280 |